Fillings and Toppings Market Analysis, Statistics, Forecast by 2027
The #fillingsandtoppings Market size is projected to reach $15.9 billion by 2027, at a CAGR of 6.0%.
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By application, the beverages segment has a progressive growth in the fillings and toppings market over the foreseeable future.
Beverages, soy isolates are used in liquid whipped toppings, pre-whipped toppings, sour cream dressings, and coffee whiteners. Soy concentrates and isolates are also used as a source of protein in instant beverages. It helps in enhancing the texture, taste, and visual characteristics of food products. Hot chocolate, café mocha, and frappes drinks are topped with fat-coated honeycomb, mini mallows, milk chocolate curls (blossoms), and caramel fudge. Toppings add value to both, hot and cold beverages. Cream toppings are gaining popularity for gourmet coffees, milkshakes, specialty cappuccinos, lattes, and teas, hence increasing the demand for fillings and toppings.
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Some key players are ADM (US), Barry Callebaut (Switzerland), Tate & Lyle (US), AGRANA Beteiligungs-AG (Austria).