Icing & Frostings Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Baked products such as pastries, muffins, and cakes are decorated with frosting and icing. Icing is a thin and sugary glaze on cakes and pastry that hardens as it cools. Frosting is a soft and dense coating of butter or cream on the cakes, and icing is a thin and sugary glaze on cakes and pastry that hardens as it cools. Sugar, butter, and milk or water are the main ingredients for frosting and icing, which can be flavoured with chocolate, fruit juice or extracts, and other ingredients.

MARKET DYNAMICS

Growing demand for bakery products is a major factor driving frosting and icing demand, which is expected to drive global market growth. Consumers enjoy frosted cakes for birthdays, weddings, and other special occasions. Another main factor expected to boost the global market's growth of frosting and icing is the rising demand for pastries and muffins among the young population. The target market is also growing due to an increase in the number of bakeries and cafes. Furthermore, the rising popularity of donuts and cupcakes, as well as the availability of a diverse range of flavored cakes, are expected to drive the global market of frosting and icing.

MARKET SCOPE

The "Global Icing & Frostings Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the icing & frostings market with detailed market segmentation by type and distribution channel. The global icing & frostings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading icing & frostings market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global icing & frostings market is segmented into type and distribution channel. By type, the icing & frostings market is classified into buttercream, whipped cream, royal icing, glaze, ganache, fondant, others. By distribution channel, the icing & frostings market is classified into supermarkets and hypermarkets, convenience stores, online retail, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global icing & frostings market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The icing & frostings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the icing & frostings market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the icing & frostings market in these regions.

MARKET PLAYERS

The report covers vital developments in the icing & frostings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the icing & frostings market are anticipated to lucrative growth opportunities in the future with the rising demand for icing & frostings in the global market. Below mentioned is the list of few companies engaged in the icing & frostings market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the icing & frostings market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

•   Corbian
  
•   Wilton Brands LLC
  
•   Rich Products Corporation
  
•   General Mills, Inc.,
  
•   Dawn Food Products, Inc.
  
•   Lawrence Foods, Inc.
  
•   Macphie Ltd
  
•   JF Renshaw Ltd
  
•   Fruit Fillings Inc.
  
•   Productos Kelmy S.A.U
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Icing & Frostings Report Scope