Sugar Decorations & Inclusions Market Worth $2.1 Billion by 2025 - Exclusive Report by MarketsandMarkets

CHICAGO, April 27, 2020 /PRNewswire/ -- According to the new market research report "Sugar Decorations & Inclusions Market by Type (Jimmies, Quins, Dragees, Nonpareils, Single Pieces, Caramel Inclusions, and Sanding & Coarse Sugar), Colorant (Natural and Artificial), Application, End User, and Region - Global Forecast to 2025", published by MarketsandMarkets, the Sugar Decorations & Inclusions Market is projected to grow from USD 1.5 billion in 2020 to USD 2.1 billion by 2025, recording a compound annual growth rate (CAGR) of 6.3% during the forecast period. The major factors driving the growth of the sugar decorations & inclusions market include the rise in the consumption of bakery products, such as cakes & pastries, the increasing demand for value-added and textured products among consumers, and the growth of economies that enable high acceptance of these products.

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The jimmies segment is projected to account for the largest share in the sugar decorations & inclusions market, followed by the caramel inclusions segment during the forecast period.

Jimmies are rainbow-colored chunks used as toppings for cake decorations and ice-cream decorations. They are readily available in supermarkets and hypermarkets. Jimmies are available in mixed and variety of colors. It is mainly used in bakery and confectionery products, which are projected to drive its demand in the foodservice industry. Food manufacturers are developing jimmies of different colors and textures. These trends are projected to favor the growth of jimmies in the sugar decorations & inclusions market.

The artificial segment is projected to account for a larger share in the sugar decorations & inclusions market during the forecast period.

The artificial segment is projected to dominate the market during the forecast period due to its bright colors, which are appealing for customers. They are also inexpensive and are used by companies to enhance a product's aesthetic value. However, the substitution by natural colorants may hinder the growth of the segment in the upcoming years as consumers are becoming increasingly health-conscious.