The global sugar toppings market size was worth around USD 42,096 million in 2021 and is predicted to grow to around USD 94,789 million by 2030 with a compound annual growth rate (CAGR) of roughly 8.42% between 2022 and 2030.
FrequentlyAsked Questions
The global sugar toppings market is projected to grow owing to the high innovation rate in the sugar industry. With the changing consumer eating patterns, and shift in preference as more people strive to eat healthily, and since the over-consumption of sugar can lead to medical problems like diabetes, global market players have to constantly make efforts to adapt to the change in consumer expectations and demand.
According to study, the global sugar toppings market size was worth around USD 42,096 million in 2021 and is predicted to grow to around USD 94,789 million by 2030 with a compound annual growth rate (CAGR) of roughly 8.42% between 2022 and 2030.
The global sugar toppings market is projected to witness the highest growth in North America owing to the high prosecution rate of sugar in countries like the US and Brazil, two of the world’s largest producers of sugar. Brazil is ranked as the number one country across the globe in terms of export quantity which reached a total of 25.76 million metric tons in the fiscal year 2021-2022.
The global sugar toppings market is dominated by players like Baldwin Richardson Foods Co., Hershey Company, Monin Inc., The Kraft Heinz Company, Pinnacle Foods Inc., and the J.M. Smucker Company.
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