Global Sprinkles Market Growth 2023-2029
Sprinkles, sugar strands, or hundreds and thousands, are very small pieces of confectionery used as a decoration or to add texture to desserts such as cupcakes, doughnuts or ice cream. Sprinkles have many names in many countries. In England, they are called “hundreds and thousands.” In Holland, they go by hagelslag.
LPI (LP Information)' newest research report, the “Sprinkles Industry Forecast” looks at past sales and reviews total world Sprinkles sales in 2022, providing a comprehensive analysis by region and market sector of projected Sprinkles sales for 2023 through 2029. With Sprinkles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sprinkles industry.
This Insight Report provides a comprehensive analysis of the global Sprinkles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sprinkles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sprinkles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sprinkles and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sprinkles.
The global Sprinkles market size is projected to grow from US$ 311 million in 2022 to US$ 461.7 million in 2029; it is expected to grow at a CAGR of 461.7 from 2023 to 2029.
Dr. Oetker is the most important player in the global sprinkles market, followed by Barry Callebaut, DORI ALIMENTOS, Wilton and Mavalerio. Top 5 players accounted for 35% of the market share. Europe has the largest market share for 40%. Sugar needle products holds a share of about 35%. The commercial application of sprinklers is the main application type, accounting for about 65%.
This report presents a comprehensive overview, market shares, and growth opportunities of Sprinkles market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Sequins
Needles
Beads
Others
Segmentation by application
Commercial Application
Residential Application
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Dr. Oetker
Barry Callebaut
DORI ALIMENTOS
Wilton
Mavalerio
Girrbach
Cake Décor
Pecan Deluxe Candy
American Sprinkle
Sweets Indeed
Happy Sprinkles
Carroll Industries
Jubilee Candy Corp
Fancy Sprinkles
Calay Candy
Xiamen Yasin Industry
Key Questions Addressed in this Report
What is the 10-year outlook for the global Sprinkles market?
What factors are driving Sprinkles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Sprinkles market opportunities vary by end market size?
How does Sprinkles break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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