Skip to main content

Global Market Survey of New Product Development (NPD) in Sweets

 

New Product Development (NPD) in Sweets Market: Introduction 

Sweets are among the most popular types of food consumed worldwide. However, the shady side of sugary items has restrained the consumption of sweets in recent years. With consumers increasingly gravitating towards healthy and low-in-calories eatables, manufacturers in food and beverage sector are under high pressure to offer customized products. Companies are increasingly incorporating innovation to replace added sugar and artificial sweeteners with natural sweeteners in their products and beverages. 

New Product Development (NPD) in Sweets Market: Competitive Landscape

 

·         In March 2018, Swiss multinational food and drink company Nestlé structured sugar made with all-natural ingredients. Nestlés structured sugar can help reduce sugary-content by roughly 40% in confectionery products, such as chocolates. This revolutionary structured sugar remains stable only in dry products.

·         In January 2018, Bayn Europe, a private formulation developer in sugar reduction sector developed cloud-based platform to catalyze R&D of food producers, and accelerate the penetration of lower sugar content products. The launch of initial prototype of this platform is expected to happen next year.

Bayn Europe 

Founded in 2009, Sweden-based Bayn Europe is an independent formulation developer, which creates sugar reduction solutions for the F&B sector. Bayn Europe offers cost-effective ingredients as well as total solutions for sugar reduction. The company deals in low-calorie content products based on natural sweeteners. 

Request Sample

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=65180

Nestlé S.A

Founded in 1866 and headquartered in Vevey, Switzerland, Nestlé S.A along with its subsidiaries, operates as an F&B company. With an extensive product portfolio, the company operates across Zone Europe, Middle East & North Africa; Zone Asia, Oceania & sub-Saharan Africa; Zone Americas; and Nestlé Waters segments. 

Mondelez International, Inc.

Founded in 2000, Mondelez International, Inc., is an American multinational confectionery, food & beverage company headquartered in Illinois and has roughly 83,000 employees around the world. Mondelez International’s primary snack brand portfolio includes Milka, Cadbury & Toblerone chocolates; LU, Oreo, and belVita biscuits; Halls candies; and Trident gums & Tang powdered beverages. 

Dori Alimentos S.A.

Founded in 1967 and headquartered in Brazil, Dori Alimentos S.A. manufactures, exports, and sells candies, jellies, candies, and confectioneries in Brazil and beyond. Dori Alimentos S.A. mainly operates in the United States, Angola, Canada, Argentina, and Uruguay. 

More Trending Reports

https://www.prnewswire.com/news-releases/synthetic-diamond-market-to-reach-valuation-of-us-34-3-bn-by-2027-increased-utilization-of-synthetic-diamond-for-industrial-purposes-boosts-sales-avenues-notes-tmr-301394081.html

Sensient Technologies Corporation

Founded in 1882, Sensient Technologies together with its subsidiaries, creates, manufactures, & markets flavors, colors, and fragrances in Europe, North America, and the Asia Pacific, and internationally. Sensient Technologies Corporation operates through three segments, including Color Group, Flavors & Fragrances Group, and Asia Pacific Group.

New Product Development (NPD) in Sweets Market: Dynamics 

Negative Impact of Added-Sugar Prompting New Product Development in Sweets 

Companies operating in food and beverage industry are hard pressed to lessen the added sugar content and artificial sweeteners from a wide range of processed food products and drinks. This is primarily due to the negative impact of sugar on the health of growing population, for example, diabetes and obesity cases are growing significantly in different parts of the world. As obesity leads to cardiovascular disease, high blood pressure, and diabetes, which are as a whole known as metabolic syndrome, manufacturers are focusing on innovative reduced sugar and natural/fruit sweeteners based sweets.  

Sweet Manufacturers’ Eying New Product Development to Appeal Wider Consumer Base 

Shifting consumer preference for healthy and low-in-calories products have prompted several companies to collaborate with corporate bodies to reduce the sugar content of their offerings. Growing number of sweets manufacturers are forming partnerships with natural sweetener providers to avoid the adoption of artificial sweeteners, without compromising the sensory and technological properties of these products. Several companies have even introduced reduced sugar content products to the shelves. For instance, Mondelez is launching a reduced sugar Cadbury Dairy Milk bar in 2019. 

Real-Fruit-Based Ingredient Replacing Refined Sugars in RTE Products 

Growing consumer health concerns pertaining to high sugar content in wide range of food products have propelled companies in the food & beverages and new product development (NPD) in sweets market to introduce offerings with reduced sugar content. For instance, Gat Foods has recently introduced Fruitlift, an ingredient composed of 90% fruit components in liquid form that can substitute refined sugar in RTE cereals. Fruitlift gives a fruity taste to a product, can be blended into an existing flavor, and also eradicates the need for anti-caking agents, while keeping product texture crisp. A real-fruit based sugar replacement ingredient has the potential to be used in wide range of RTI sweet products such as chocolates and candies to reduce the refined sugar content in them. Such food innovations are fueling the enhancement of existing F&B products. With companies increasingly taking initiatives to introduce reduced sugar containing products, new product development is anticipated to grow significantly in the sweets industry.  

Buy Now

https://www.transparencymarketresearch.com/checkout.php?rep_id=65180&ltype=S

Comments

Post a Comment

Popular posts from this blog

Tunnel Boring Machine Market: Applications, Revenue, Growth and Trends

  Tunnel boring machines are gigantic special-purpose machines, particularly used in building tunnels for roads, railways, and pipelines. These machines are long with circular cross-sections and help in boring round holes through any rock. Tunnel boring machines are intricate assemblies of several systems working in conjunction with each other. Diameter of tunnel boring machines ranges from 1 meter to 20 meters. These machines can cut clean through rocks, sometimes along with creating concrete shields around the bored tunnels. The tunnel boring machine market is largely driven by the increase in spending on road and railway infrastructure. Countries such as China, Japan, Italy, South Korea, Norway, and Germany have vast tunnel networks. The key reason is to connect major cities within the country, sometimes even international, with minimum commute time. This largely optimizes the transportation costs and connects cities to boost commerce. The other method for building tunnels is...
Post a Comment
Read more

GLOBAL WOOD COATINGS MARKET TO TOUCH VALUATION OF US$17.595 BN BY 2025 END

  The  global wood coatings market  features a highly competitive landscape owing to the presence of a plethora of companies competing against one another, notes Transparency Market Research (TMR). Top players in the wood coatings market increasingly resort to forward integration strategies to gain substantial competitive benefits, which may help them to retain their stronghold over the assessment period. Several players are also focusing on product differentiations to attract more consumers and consolidate their positions in various regions. This is especially the trend among small- and medium-scale manufacturers who find this a key strategy to gain a foothold in the wood coatings market. TMR finds that the wood coatings market is also fairly consolidated as the top four players held a combined share of nearly 60.0% in 2016. These companies are RPM International Inc., Akzo Novel N.V., PPG Industries Inc., and The Sherwin Williams Company. Of these, The Sherwin Willia...
Post a Comment
Read more

ANTHOCYANIN CONSUMPTION LEVELS TO TAKE OFF IN DEVELOPING REGIONAL MARKET

  TMR projects the  global anthocyanin market  to reach US$ 735.9 Mn by 2026. Over this period of 2018-2026, the anthocyanin market is forecast to report a CAGR of 4.6%. Among the key end use segments, the food and beverages industry is likely to lead the market in 2018. The trend is likely to remain unchanged throughout the course of the forecast period. Regionally, the North America anthocyanin market held the leading share in the global market in 2018. The global anthocyanin market exhibits the presence of several large companies. Besides this, domestic players enjoy a stronghold in regional pockets, which has rendered the market highly competitive. According to a new study by Transparency Market Research (TMR), Archer Daniels Midlands Co., Sensient Technologies Corp, Symrise A.G., and CHR Hansen A/S held nearly 50% of the global anthocyanin market in 2018, thereby registering their dominance. To sustain growth amidst the prevailing competition, the leading players...
Post a Comment
Read more