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(Health-NewsWire.Net, September 20, 2021 ) Ice Cream Food Inclusion Market size was estimated at $13.2 billion in 2020, projected to grow at a CAGR of 7.6% during the forecast period 2021-2026. Ice Cream Food Inclusion industry has witnessed huge popularity owing to the health benefits, mouthfeel and eye appeal of the products. As the word implies, inclusions are things that are included. The term describes the flavored, and visible ingredients added to ice cream. Candies, candy bar, flavored sugar, chocolate chips, baked chips and syrupy variegates, as well as fruits and nuts, herbs, spices, and the occasional flower petal, are among the ingredients. A formulated and refined food ingredient available in a smaller format that is used to offer several functional properties such as taste, texture, scent, and eye appeal to a finished food product (either topically or internally) with both convenience and consistency. The majority of customers enjoy ice cream flavors with a lot of toppings; the more the better. The key is to find the proper ingredients that work well together to create unique and decadent flavor combinations. It can take a few tries to find the perfect cookie, fruit, or nut slice, as well as the right fudge, caramel, or fruit swirl for a new flavor. According to International Dairy Foods Association, in 2017, U.S. has produced 1.4 billion gallons of Ice Cream and Frozen desserts.
Ice Cream Food Inclusion Market Segment Analysis – By Product Type:
Based on Product Type, Ice Cream Food Inclusion Market is segmented into Fruit & Nut, Chocolate, Confectionery, Flavoured Sugar & Caramel, Baked Products and others. Fruits & Nuts segment is accounted for the largest revenue market share in 2020. Nuts have always been a famous inclusion item. Butter pecan is a common ice cream flavor, as are rocky road flavors and the numerous almond-flavored ice creams. Pecans are the most common nut, followed by almonds, walnuts, and peanuts. The chocolate-coated almond is the most common nut inclusion, but chocolate-coated nuts come in a variety of types, including chocolate-coated cashews, hazelnuts in milk and dark chocolate, and chocolate-coated peanuts. Despite the fact that nut harvests in the United States have been relatively large in recent years, the increasing popularity of nuts around the world has resulted in higher prices for nuts in the United States. Some ice cream makers are changing the nuts used in their products. Since pecan prices are so high right now, manufacturers may experiment with using cashews as an alternative nut in some products. Confectionery segment is poised to grow with the fastest CAGR of 8.3% in the forecast period 2021-2026 owing to its rising adoption in ice cream. Cakes, Cookies, and brownies are all popular ingredients in ice cream. Frequently, bakery items must be altered to achieve the desired ice cream result. Many absorb moisture and soften as a result. Some producers and customers prefer soft cookie pieces, while others prefer crunchy cookie pieces. They should be fluffy, but not mushy, when it comes to cake or brownie bits.
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Ice Cream Food Inclusion Market Segment Analysis – By Form:
Based on Form, Ice Cream Food Inclusion Market is segmented into Nuts, Liquid, Pieces, Powder, Chips, Flakes & Crunches. The Liquid segment has accounted for the largest revenue market share in 2020. Variegated sauces include caramels, marshmallows, cookies, and fudge. The percent solids must be higher than a fruit prep for both textural and shelf life reasons. People enjoy a textural contrast in caramels and chocolates. Growing product launches, research and development of flavoured syrups by key market players for instance, in November 2017, Ingredion Incorporated introduced VERSASWEETTM, a low-sugar glucose syrup designed to help manufacturers reduce sugar in confectionery, dairy, ice cream, and baked goods. In January 2018, Sonoma Syrup Co. released peppermint simple syrup. Nuts is anticipated to grow with the fastest CAGR of 8.5% in the forecast period 2021-2026. Another common alternative is to add nuts to ice cream. When nuts are added to ice cream, two issues arise. Nuts are prone to rancidity because they contain a high percentage of unstable fat. Nuts will easily lose their crunch due to moisture migration.
Ice Cream Food Inclusion Market Segment Analysis – By Geography:
Based on Geography, Europe Ice Cream Food Inclusion Market accounted for the 44% revenue share in 2020. This is majorly attributed to the established industries in this area, moreover it offers top quality of confectionery globally. According to the Ministry of Foreign Affairs, Europe is a very diverse market for cocoa, which makes it very interesting. It has a thriving chocolate processing and manufacturing industry that needs large quantities of cocoa beans. The Asia-Pacific is projected to be a fastest-growing area because of the constant increase in demand for various inclusions like as candy bars, baked products, flavoured sugar, chocolate chips, syrups and others. For instance, in 2017, in India Hershey has accounted for around 94% in chocolate syrup category. Moreover, increased disposable income, growth in procurement power and industrialization in China and India, owing to the appropriate weather and operating benefits. Ease of business and wide range of application are also prominent factors in the Asia-Pacific economy that drive demand for ice cream inclusions.
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Ice Cream Food Inclusion Market Segment Analysis Drivers
Increasing Demand for Flavoured Foods:
The demand for items such as food inclusions has increased as the demand for processed foods with some form of value addition has increased. For example, Dairy Queen, an American fast food and soft serve ice cream chain, introduced a caramel cannonball blizzard in April 2018, which consists of caramel-coated caramel truffles, caramel topping, toffee pieces, and mixed with vanilla soft serve. Rising demand for wholesome and nutritious snacks that can be consumed on the go, such as cereal bars with nuts and fruits, is expected to be one of the main drivers in the growth of the ice cream food inclusion industry. A shift in consumer food consumption patterns, shifts in dietary patterns, and an increase in demand for and popularity of creative recipes are some of the factors driving the food inclusions market. A rise in demand for food inclusions has been driven by factors such as evolving lifestyles, growing disposable income, and rising demand for convenience snacks and confectionaries. The use of chocolate-based food inclusions on a variety of items gives them a shiny appearance while also improving their organoleptic properties. Fruit and nut-based products are becoming increasingly popular owing to their vibrant texture, color, appearance, enhanced flavor, and organoleptic properties. Owing to their organoleptic and nutritional properties, nuts-based food inclusions in bakery and confectionary products are in high demand.
Ice Cream Food Inclusion Market Segment Analysis Challenges
Effects of Synthetic Colors:
The adverse effects of synthetic food colors along with FDA regulations on private labels are two factors that constrain the ice cream food inclusion market's development. Furthermore, fluctuations in the price of cocoa, as well as quality standards, are major market constraints. As people strive for a healthy lifestyle, the market for low-calorie foods is expected to rise. This pattern could stifle the market's expansion. Manufacturers, on the other hand, are having difficulty producing high-quality edible nuts in large quantities. The Global Food Safety Initiative (GFSI) is aggressively raising the bar of quality standards to meet the safety demand from customers in order to address safety concerns posed by pathogens such as e-coli, aflatoxin, and salmonella. The severity of the problem can be seen in the rising number of edible nut batches being rejected in Europe for failing to meet GFSI quality standards. However, such patterns can pose a threat to market participants.
Ice Cream Food Inclusion Market Segment Landscape:
Product launches, joint ventures, mergers and acquisitions, and geographical expansions are key strategies adopted by players in the Confectionary Ingredients Market. Confectionary Ingredients Market top 10 companies are Cargill, Inc., Barry Callebaut, Tate & Lyle, Sensient Technologies, Traura Naturals, Inclusion Technologies, Georgia Nut Company, Nimbus Foods, AGRANA.
Acquisitions/Product Launches:
In January 2020, Magnum, a mega ice cream company, unveiled a new range of Ruby chocolate covered mini ice cream in the United States.
Key Takeaways
According to International Ice Cream Association (IICA), it was estimated that in 2020, U.S. has produced around 1.5 billion gallons of Ice Cream and Vanilla remains to be the most popular flavor of all.
The demand for items such as candy bars, chocolate chips, baked products like cookies, brownies is rising rapidly, and the ice cream inclusion market is expected to rise as a result.
However, the industry is being held back by factors such as regulations for the use of certain products in order to preserve international quality standards, volatile nuts prices, cocoa prices.
Some ice cream makers are changing the nuts used in their products. Since pecan prices are so high right now, it is likely to hinder the market.
Related Reports :
A. Food Inclusions Market
https://www.industryarc.com/Report/7464/food-inclusions-market.html
B. Global Ice Cream Powder Market
https://www.industryarc.com/Research/Global-Ice-Cream-Powder-Market-Research-513408
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