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Global Marzipan Market 2017-2021

Global Marzipan Market 2017-2021

About Marzipan

Marzipan is a type of confectionery product which is primarily made by using sugar, honey, and ground almonds. The confection traces its origins to a German city, Lübeck. In 2016, EMEA was the region where marzipan products were widely popular. However, marzipan products have been growing steadily in demand in the Americas and APAC regions as well, especially during the time of festivals like: Christmas and Easter. Marzipan in its raw form is widely used as a paste. Besides, it finds application in confectionery and bakery products industry as well.Technavio’s analysts forecast the global marzipan market to grow at a CAGR of 2.80% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global marzipan market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Marzipan Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Moll Marzipan
  • Niederegger
  • Odense Marcipan
  • ZENTIS
Other prominent vendors
  • Atlanta Poland
  • ERASMI & CARSTENS
  • Georg Lemke
  • JF Renshaw
  • Lübecker Marzipan Fabrik v. Minden & Bruhns
  • Marzipan Specialties
  • Productos Kelmy
  • TEHMAG FOODS
Market driver
  • Growing diversity in the range of products
  • For a full, detailed list, view our report
Market challenge
  • High volatility in prices of almonds, pistachios, and walnuts
  • For a full, detailed list, view our report
Market trend
  • Growing trend of online retailing
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Releases

Technavio Announces the Publication of its Research Report – Global Marzipan Market 2017-2021

Technavio recognizes the following companies as the key players in the global marzipan market: Moll Marzipan, Niederegger, Odense Marcipan, and ZENTIS.

Other Prominent Vendors in the market are: Atlanta Poland, ERASMI & CARSTENS, Georg Lemke, JF Renshaw, Lübecker Marzipan Fabrik v. Minden & Bruhns, Marzipan Specialties, Productos Kelmy, and TEHMAG FOODS.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing trend of online retailing. With the growth of e-commerce businesses worldwide, vendors have the potential to enhance their profitability. E-commerce accounts for nearly 12% of the world’s retail trade. Online and e-commerce channels support both business-to-business (B2B) and business-to-consumer (B2C) operations.”

According to the report, one of the major drivers for this market is Growing diversity in the range of products. Consumers' preference for marzipan and other confectionery items depends on the availability of these products in the market. The larger the number of products available in assorted sizes and ranges, the higher will be the chances of consumers purchasing these multivariate products.

Further, the report states that one of the major factors hindering the growth of this market is High volatility in prices of almonds, pistachios, and walnuts. The prices of raw materials like almonds, pistachios, and walnuts, which are used to make marzipan products, have shown high volatility in the last five years, which has affected the imports and exports of these dry fruits. According to the United States Department of Agriculture (USDA), the prices of these commodities have declined by 15%-20% over the last 12 months. Additionally, there has been an increase of nearly 19% in the number of importers refusing shipments of these commodities due to fluctuations in the market.

Companies Mentioned

Moll Marzipan, Niederegger, Odense Marcipan, ZENTIS, Atlanta Poland, ERASMI & CARSTENS, Georg Lemke, JF Renshaw, Lübecker Marzipan Fabrik v. Minden & Bruhns, Marzipan Specialties, Productos Kelmy, and TEHMAG FOODS.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global marzipan market: An overview
    • Market size and forecast
      • Table Global marzipan market in global confectionery market 2016
    • Global confectionery market
      • Table Global confectionery market 2016-2021 ($ billions)
    • Global marzipan market
      • Table Global marzipan market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Segmentation of global marzipan market by application
      • Market overview
        • Table Global marzipan market by application 2016 and 2021 (% share of revenue)
        • Table Global marzipan market by application 2016-2021 (% share of revenue)
        • Table Global marzipan market by application 2016-2021: CAGR comparison
    • Global marzipan market for confectionery and bakery products
      • Table Global marzipan market for confectionery and bakery products 2016-2021 ($ millions)
    • Global marzipan market for ingredients
      • Table Global marzipan market for ingredients 2016-2021 ($ millions)
  • Geographical segmentation
    • Segmentation of global marzipan market by geography
      • Market overview
        • Table Global marzipan market by geography 2016 and 2021 (% share of revenue)
        • Table Global marzipan market by geography 2016-2021 (% share of revenue)
        • Table Global marzipan market by geography 2016-2021: CAGR comparison
    • Marzipan market in EMEA
      • Table Marzipan market in EMEA 2016-2021 ($ millions)
    • Marzipan market in the Americas
      • Table Marzipan market in the Americas 2016-2021 ($ millions)
    • Marzipan market in APAC
      • Table Marzipan market in APAC 2016-2021 ($ millions)
  • Key leading countries
    • Table Revenue share of key leading countries in global marzipan market 2016 (%)
    • Table Global marzipan market: Revenue share of various countries 2016-2021 (%)
    • Table Global marzipan market by countries 2016-2021: CAGR comparison
    • Marzipan market in Germany
      • Table Marzipan market in Germany 2016-2021 ($ millions)
    • Marzipan market in the UK
      • Table Marzipan market in the UK 2016-2021 ($ millions)
    • Marzipan market in France
      • Table Marzipan market in France 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table An overview of prices of almonds ($/pounds)
  • Market trends
    • Growing trend of online retailing
      • Table Global internet penetration rate 2016
    • Gifting trend in marzipan products
    • Growing demand for premium products
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors in global marzipan market
      • Table Competitive assessment of major players in global marzipan market 2016
  • Key vendor analysis
    • Moll Marzipan
      • Table Moll Marzipan: Product line
    • Niederegger
      • Table Niederegger: Product line
    • Odense Marcipan
      • Table Odense Marcipan: Product line
    • ZENTIS
      • Table ZENTIS: Product line
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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