Allied Market Research

2024

Frosting And Icing Market

Frosting and Icing Market Size, Share, Competitive Landscape and Trend Analysis Report by Type and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Roshan Deshmukh
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Introduction
The global Frosting and Icing Market by Type (Ganache, Royal Icing, Buttercream Frosting) and by Application (Family, Restaurant, Bakery) is estimated to witness a significant growth over the forecast period. Frosting and icing are the two different terms used for the same product. Generally, frosting is thicker and it is used to cover and decorate cakes, cupcakes, and cookies. Icing is thin and it is used to give a smooth and glossy finish to the cakes, cupcakes, and cookies. Frosting and icing are used to make cakes, cupcakes, and cookies look more attractive and tempting. It adds flavor and sweetness to the desserts. The global market for frosting and icing is projected to expand significantly during the forecast period owing to the rise in demand for cakes, cupcakes, and cookies in various occasions such as birthdays, weddings, anniversaries, baby showers, and festivals.
Market Dynamics
The growth of the global Frosting and Icing Market by Type (Ganache, Royal Icing, Buttercream Frosting) and by Application (Family, Restaurant, Bakery) is driven by various factors such as the rise in the consumption of cakes, cupcakes, and cookies, especially in the developed countries. The growing demand for natural and organic ingredients, growing number of cafes and bakeries, and rising disposable income are some of the major factors driving the growth of the global market. The increasing demand for convenience foods, such as cakes, cupcakes, and cookies, is also fueling the growth of the market. The introduction of new flavors is further boosting the market growth. Moreover, the emergence of online retailers and e-commerce platforms has made it easier for customers to purchase frosting and icing products.
However, the high cost of ingredients used in the production of frosting and icing, such as butter and sugar, is hampering the market growth. In addition, the presence of artificial ingredients and preservatives in some frosting and icing products is restraining the market growth.
Market Analysis
The global Frosting and Icing Market by Type (Ganache, Royal Icing, Buttercream Frosting) and by Application (Family, Restaurant, Bakery) is segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America is estimated to account for the major share of the global market owing to the presence of a large number of bakery and confectionery stores in the region. Furthermore, the high demand for convenience foods in the region is expected to drive the market growth. In Europe, the increasing demand for organic and natural ingredients is driving the market growth. In Asia Pacific, the increasing number of cafes and bakeries, along with the rising disposable income, is contributing to the market growth. The increasing presence of online retailers and e-commerce platforms is also driving the market growth in the region.
Future Trends
The global Frosting and Icing Market by Type (Ganache, Royal Icing, Buttercream Frosting) and by Application (Family, Restaurant, Bakery) is anticipated to witness a significant growth during the forecast period. The growing demand for natural and organic ingredients is expected to drive the market growth. The introduction of new flavors in the market is expected to boost the market growth. In addition, the emergence of online retailers and e-commerce platforms is projected to provide an impetus to the market growth. Furthermore, the increasing number of cafes and bakeries is expected to drive the market growth.
Qualitative Insights
The key players in the global Frosting and Icing Market by Type (Ganache, Royal Icing, Buttercream Frosting) and by Application (Family, Restaurant, Bakery) are Wilton, Dawn Food, Rich Product, Lawrence, Dixie’s Icing, Macphie, Betty Crocker, CK Products, Kelmyshop, Effco, BGC Manufacturing, Renshaw, Orchardicing, CSM Bakery Solutions, Fruit Fillings Inc., and others. These companies are focusing on new product development, research and development, consumer/end-user perceptions, and pricing strategies to gain a competitive edge in the market. Wilton, for instance, has launched a wide range of frosting and icing products in various flavors. The company has also launched a range of cake decoration products. Moreover, Dawn Food has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products.
Porter’s Five Force Analysis
The global Frosting and Icing Market by Type (Ganache, Royal Icing, Buttercream Frosting) and by Application (Family, Restaurant, Bakery) is highly competitive due to the presence of a large number of players in the market. The bargaining power of buyers is high due to the presence of a large number of players in the market. The bargaining power of suppliers is low due to the presence of a large number of suppliers in the market. The threat of new entrants is low due to the presence of high entry barriers. The threat of substitutes is low due to the presence of a large number of substitutes in the market. The intensity of competitive rivalry is high due to the presence of a large number of players in the market.
Strategies Adopted
The key players in the global Frosting and Icing Market by Type (Ganache, Royal Icing, Buttercream Frosting) and by Application (Family, Restaurant, Bakery) have adopted various strategies in the last few years to gain a competitive edge in the market. Wilton, Dawn Food, Rich Product, Lawrence, Dixie’s Icing, Macphie, Betty Crocker, CK Products, Kelmyshop, Effco, BGC Manufacturing, Renshaw, Orchardicing, CSM Bakery Solutions, Fruit Fillings Inc., and others have adopted strategies such as product launches, business expansions, partnerships, acquisitions, and investments to expand their presence in the market.
For instance, Wilton has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products. Moreover, Dawn Food has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products. In addition, Rich Products Corporation has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry.
Furthermore, Lawrence has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products. In addition, Dixie’s Icing has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products.
Moreover, Macphie has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products. Furthermore, Betty Crocker has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products.
In addition, CK Products has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products. Furthermore, Kelmyshop has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products.
Moreover, Effco has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products. Furthermore, BGC Manufacturing has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products.
In addition, Renshaw has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products. Moreover, Orchardicing has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products.
Furthermore, CSM Bakery Solutions has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products. In addition, Fruit Fillings Inc. has launched a range of frosting and icing products in various flavors such as chocolate, vanilla, and strawberry. The company has also launched a range of cake decoration products.
The other five companies that are expected to gain a competitive edge in the global Frosting and Icing Market by Type (Ganache, Royal Icing, Buttercream Frosting) and by Application (Family, Restaurant, Bakery) are Granada Bakery Products, Südzucker AG, Cargill Inc., The Hershey Company, and ADM. These companies are expected to focus on product launches, business expansions, partnerships, acquisitions, and investments to gain a competitive edge in the market.
In conclusion, the global Frosting and Icing Market by Type (Ganache, Royal Icing, Buttercream Frosting) and by Application (Family, Restaurant, Bakery) is expected to witness a significant growth during the forecast period. The growing demand for natural and organic ingredients, the increasing number of cafes and bakeries, and the emergence of online retailers and e-commerce platforms are expected to drive the market growth. The introduction of new flavors is also projected to boost the market growth. Furthermore, the key players in the market are focusing on new product development, research and development, consumer/end-user perceptions, and pricing strategies to gain a competitive edge in the market.

 

Key Benefits of the Report

  • This study presents the analytical depiction of the Frosting and Icing Market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the Frosting and Icing Market share.
  • The current market is quantitatively analyzed to highlight the Frosting and Icing Market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Frosting and Icing Market analysis based on competitive intensity and how the competition will take shape in coming years

Frosting and Icing Market Report Highlights

Aspects Details
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By Type
  • Ganache
  • Royal Icing
  • Buttercream Frosting
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By Application
  • Family
  • Restaurant
  • Bakery
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Macphie, CSM Bakery Solutions, Dawn Food, Rich Product, Wilton, Betty Crocker, Effco, Lawrence, Renshaw, Fruit Fillings Inc..., Kelmyshop, BGC Manufacturing, CK Products, Orchardicing, Dixie's Icing

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Frosting and Icing Market

Global Opportunity Analysis and Industry Forecast, 2023-2032