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Global confectionery ingredients market to hit $117.7B by 2030, driven by urbanization and health trends

Market News
25 Jun 2026
Bcc Research
View Source
Bullish
pluang ai news

The global confectionery ingredients market is expected to grow from $89.2 billion in 2025 to $117.7 billion by 2030, with a CAGR of 5.7%, fueled by rapid urbanization, rising disposable incomes, and evolving consumer preferences for premium and health-conscious products. Asia-Pacific leads with nearly 30% market share, driven by expanding middle classes. Innovations in sugar reduction, natural ingredients, and AI-driven manufacturing are reshaping the industry. Key players like Barry Callebaut and Nestlé are investing in R&D to meet demand amid regulatory challenges and raw material volatility.

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