The
retail consumption of chocolate confectionery worldwide has been on
the rise over the past few years which attributed to its appealing
and taste. As a result, the retail chocolate confectionery is
estimated to be valued at 7,696,000 MT in 2017 in terms of volume
sales. Chocolate cakes and pastries are in high demand in most of the
major parts of the world. Ganache is typically icing, sauce or
filling for pastries derived out of chocolate and cream. Ganache is
being processed out of vegetable cream, chocolate, whipped cream and
coconut milk. Ganache has been used on large scale as toppings in the
preparation of several bakery products.
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Global
consumer trends for convenience, health, and indulgence are the
factors driving the growth of the mature bakery industry. On the
other side, rising disposable income, rise in desire for
westernization are some of the factors supporting the growth in sales
of bakery goods and pastries in Asia Pacific region. Moreover, China
is all set to become the largest bakery goods market after UK over
the forecast period with the pastries being the most popular segment.
Over the forecast period, the global cakes and pastries are expected
to grow at 4% in terms of value sales. Volume, texture, and mouthfeel
are the key factors in the end consumer's enjoyment of appealing
cakes and pastries. And Ganache has those characteristics that can
make the dessert look much more creamy and delicious.
Though
US accounts to higher value share in the bakery industry, China is
expected to witness faster growth rate over the forecast period in
terms of value sales i.e. 12.2%. This provides clear overview for
scope in growth for global
ganache market in Asia Pacific region.
Some
of the key players operating in the global Ganache market are Ganache
Gourmet Inc., Sparrow Enterprises, Ltd., Azim Pastacilik Mamülleri
Ltd., Ganache Chocolatier, Gânache Chocolate, Stover Company,
PURATOS Group among others.
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