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Marshmallow Market Is Expected To Reach US$3.46 Billion By 2031 At CAGR Of 7.4% During The Forecast Period |The Insight Partners

09.09.25 17:25 Uhr

NEW YORK, Sept. 9, 2025 /PRNewswire/ -- According to a new comprehensive report from The Insight Partners, the global marshmallow market is witnessing noticeable growth owing to the rising influence of Western food trends across emerging markets in Asia Pacific, the Middle East, and South and Central America.

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Localizing flavors to match regional tastes is expected to propel market growth during the forecast period. The report runs an in-depth analysis of market trends, key players, and future opportunities.

The report from The Insight Partners, therefore, provides several stakeholders—including information on raw material suppliers, marshmallow manufacturers, and distributors/suppliers—with valuable insights to successfully navigate this evolving market landscape and unlock new opportunities.

Check valuable insights in the Marshmallow Market report. You can easily get a sample PDF of the report -https://www.theinsightpartners.com/sample/TIPRE00021489

Overview of Report Findings

  • Market Growth: Ingredients commonly found in American and European treats, such as s'mores, hot chocolate toppings, and bakery items, are experiencing heightened demand as consumers increasingly embrace Western-style eating habits. Marshmallows stand out for their soft texture and versatility, making them a favored addition to sweet and savory offerings.
  • Seasonal Demand Boosting Consumption Patterns: The seasonal demand is also quite influential in enhancing the overall consumption pattern of marshmallows globally. It is strongly related to eating habits, cultural traditions, and holidays based on the weather patterns in the various regions.
    In addition to many snacks that keep relatively constant sales throughout the year, marshmallows have distinctly seasonal sales volumes, affecting power consumption and influencing brands' marketing and innovation approach. Global holidays such as Halloween, Christmas, and Valentine's Day are gaining momentum in the Eastern and emerging markets under the Western influence, and with it, marshmallow consumption is increasing too. The culture of giving gifts during festivals, exchanging gifts in the classrooms, and themed desserts also leads to increased festive sales.
  • Rising Demand for Vegan and Allergen-Free Marshmallow Alternatives: Plant-based and allergen-free diets are becoming more popular globally, substantially impacting the confectionery industry. Conventional marshmallows are made of gelatin, an animal product, and can include dairy products or egg whites in the recipe. This renders them unsuitable for vegans, vegetarians, consumers with food allergies, or those following special religious food regulations. With an increasing number of consumers becoming either vegan, vegetarian, or flexitarian, and the growing awareness of food allergies and food intolerances, the need to provide inclusive, clean-label alternatives to food has skyrocketed.
  • Geographical Insights: In 2024, Asia Pacific led the market with a substantial revenue share, followed by Europe and North America. Asia Pacific is expected to register the highest CAGR during the forecast period.

    • Get Research Sample Copy of the Marshmallow Market: https://www.theinsightpartners.com/sample/TIPRE00021489/ 

    Market Segmentation

    • On the basis of type, the marshmallow market is segmented into plain and flavored. The flavored segment dominated the marshmallow market in 2024.
    • Based on category, the market is segmented into conventional and sugar-free. The conventional segment dominated the marshmallow market in 2024.
    • In terms of distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, online retail, and others. The supermarkets and hypermarkets segment dominated the marshmallow market in 2024.
    • The marshmallow market is segmented into five major regions: North America, Europe, APAC, the Middle East and Africa, and South and Central America.

    Competitive Strategy and Development

    - Key Players: A few of the major companies operating in the marshmallow market are Kraft Heinz, Mondeléz International, General Mills, Chicago Vegan Foods, Mount Franklin Foods, ChocZero, Doumak Inc., Just Born, Haribo, Hammond's Candies, and others. These market players are focusing on providing high-quality products to fulfill customer demand. They are also adopting new product launches, capacity expansions, partnerships, and collaborations to stay competitive in the marshmallow market.

    Global Headlines on Marshmallow

    - Mondeléz International and Biscoff owner Lotus Bakeries partnered to create chocolate products that blend cookie taste with key Mondeléz brands, with potential global expansion.

    - Doumak expanded its product line under the brand Campfire by launching its newest product, Peppermint' Mallow Poppers.

    - PEEPS expanded its product line with the Easter lineup, with the launch of PEEPS Chocolate Pudding Flavored Marshmallow Bunnies, PEEPS Rice Krispies Treats Flavored Marshmallow Chicks, PEEPS Giant Bunny Pops, PEEPS Delights Strawberry Flavored Marshmallow Chicks Dipped in Milk Chocolate, and others.

    Get Premium Copy of Marshmallow Market Size and Growth Report by 2031 at:  https://www.theinsightpartners.com/buy/TIPRE00021489 

    Conclusion

    Traditionally crafted by aerating a blend of sugar, water, and gelatin into a soft, spongy foam and finished with a dusting of starch, Marshmallows have evolved into a premium indulgence. With the rise of flavor innovation, brands are introducing sophisticated varieties such as salted caramel, matcha, and plant-based or organic alternatives—reflecting the dynamic shift in consumer preferences. The resurgence of home baking, particularly during and after the pandemic, has significantly boosted marshmallow consumption in popular treats like s'mores and Rice Krispies squares. Seasonal appeal and nostalgic associations further amplify demand, especially during holidays and outdoor activities. Expanding retail infrastructures and increasing disposable incomes in emerging economies continue to drive global market growth.

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    About Us:

    The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients get solutions to their research requirements through our syndicated and consulting research services. We specialize in semiconductor and electronics, aerospace and defense, automotive and transportation, biotechnology, healthcare IT, manufacturing and construction, medical devices, technology, media and telecommunications, and chemicals and materials.

    Contact Us:

    If you have any queries about this report or if you would like further information, please get in touch with us:

    Contact Person: Ankit Mathur
    E-mail: ankit.mathur@theinsightpartners.com
    Phone: +1-646-491-9876
    Also Available in :한국어 | Deutsch | 日本 | Français | لعربية | 中文 | Italiano | Español

    Logo: https://mma.prnewswire.com/media/1586348/5449703/The_Insight_Partners_Logo.jpg

    Cision View original content:https://www.prnewswire.co.uk/news-releases/marshmallow-market-is-expected-to-reach-us3-46-billion-by-2031-at-cagr-of-7-4-during-the-forecast-period-the-insight-partners-302551137.html