Market Overview:
The global fondant market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for cakes and pastries, increasing awareness about fondant among consumers, and growing number of bakeries and pastry shops. In terms of type, the rolled fondant segment is expected to account for a larger share of the global fondant market than the poured fondant segment during the forecast period. This can be attributed to its easy-to-use nature and its ability to give a smooth finish to cakes and pastries. In terms of application, commercial applications are expected to account for a larger share of the global fondant market than residential applications during the forecast period. This can be attributed primarily due to higher demand from restaurants, hotels, catering services, etc.
Product Definition:
A type of icing or frosting made from sugar, corn syrup, and gelatin that is often used to cover cakes. It can be flavored and colored, and is often used in cake decorating.
Poured:
Poured fondant is a type of chocolate fondant, which is produced by the addition of cocoa butter and whole milk powder to unsweetened chocolate. It has been gaining popularity in recent years owing to its health benefits such as improved blood circulation and reduced risk for cardiovascular diseases. The growth of the market can also be attributed to growing consumer awareness regarding ingredients along with their health benefits.
Rolled:
Fondant is a type of sugar-free chewing gum. It is also known as wafer or candy in some countries. The product consists of thin layers of compressed sugar, which gives it the shape and appearance like a rolled up piece of paper. Fondant has high demand among children and the young generation as it tastes sweet and its consumption does not affect the calorie intake like other chocolates, sweets, etc.
Application Insights:
Commercial application was the dominant segment in 2016, accounting for more than half of the overall share. Rising construction activities across major economies such as U.K., China, India and Australia are expected to drive product demand in this segment over the forecast period.
Residential application is projected to witness significant growth over the next six years owing to increasing consumer disposable income levels coupled with rising real estate investments by domestic as well as foreign players. In addition, favorable government policies promoting home ownership are anticipated to further fuel market expansion over the coming years. Increasing population coupled with urbanization is likely to propel demand for residential buildings which will subsequently drive market growth in this segment during the forecast period.
Favorable regulations promoting investment including tax holidays.
Regional Analysis:
North America was the largest regional fondant market in 2017 owing to growing popularity of home-based confectionery. Rising number of commercial spaces, especially in U.S., is expected to have a positive impact on the industry growth over the forecast period. Asia Pacific is projected to be one of the fastest-growing regions due to increasing disposable income and improving standard of living coupled with rising awareness about western culture and lifestyle among people from developing countries such as India, China, Bangladesh and Pakistan.
Growth Factors:
- Increasing demand for cakes and pastries in the global foodservice industry is expected to drive the growth of fondant market over the forecast period.
- Rising trend of customization in cakes is also anticipated to fuel the demand for fondant over the forecast period.
- Growing awareness about hygiene and health benefits associated with consumption of fondant is projected to boost its demand in near future.
- Increasing number of bakeries and pastry shops across globe is expected to create new opportunities for fondant market growth during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Fondant Market Research Report
By Type
Poured, Rolled
By Application
Commercial, Residential
By Companies
Satin Ice, Fat Daddio's, REDMAN, WILTON, Vizyon, Reece, Confect, CCDS, XIAN NI PEIER, FunCakes, Satin Ice
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Fondant Market Report Segments:
The global Fondant market is segmented on the basis of:
Types
Poured, Rolled
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Satin Ice
- Fat Daddio's
- REDMAN
- WILTON
- Vizyon
- Reece
- Confect
- CCDS
- XIAN NI PEIER
- FunCakes
- Satin Ice
Highlights of The Fondant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Poured
- Rolled
- By Application:
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fondant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fondant is a type of cake decoration that is made from sugar and water. It can be used to make flowers, leaves, or other shapes.
Some of the major companies in the fondant market are Satin Ice, Fat Daddio's, REDMAN, WILTON, Vizyon, Reece, Confect, CCDS, XIAN NI PEIER, FunCakes, Satin Ice.
The fondant market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fondant Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fondant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fondant Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fondant Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fondant Market Size & Forecast, 2018-2028
4.5.1 Fondant Market Size and Y-o-Y Growth
4.5.2 Fondant Market Absolute $ Opportunity
Chapter 5 Global Fondant Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fondant Market Size Forecast by Type
5.2.1 Poured
5.2.2 Rolled
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fondant Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fondant Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fondant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fondant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fondant Analysis and Forecast
9.1 Introduction
9.2 North America Fondant Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fondant Market Size Forecast by Type
9.6.1 Poured
9.6.2 Rolled
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fondant Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fondant Analysis and Forecast
10.1 Introduction
10.2 Europe Fondant Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fondant Market Size Forecast by Type
10.6.1 Poured
10.6.2 Rolled
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fondant Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fondant Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fondant Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fondant Market Size Forecast by Type
11.6.1 Poured
11.6.2 Rolled
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fondant Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fondant Analysis and Forecast
12.1 Introduction
12.2 Latin America Fondant Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fondant Market Size Forecast by Type
12.6.1 Poured
12.6.2 Rolled
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fondant Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fondant Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fondant Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fondant Market Size Forecast by Type
13.6.1 Poured
13.6.2 Rolled
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fondant Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fondant Market: Competitive Dashboard
14.2 Global Fondant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Satin Ice
14.3.2 Fat Daddio's
14.3.3 REDMAN
14.3.4 WILTON
14.3.5 Vizyon
14.3.6 Reece
14.3.7 Confect
14.3.8 CCDS
14.3.9 XIAN NI PEIER
14.3.10 FunCakes
14.3.11 Satin Ice
