Market Overview:
The global icing and frosting market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for bakery products, especially in developing countries. Icing and frosting are used as toppings on cakes, pastries, doughnuts, and other bakery items. They add flavor and sweetness to these products and also enhance their appearance. Royal icing is a type of icing that is used for decorating cakes or cookies with intricate designs. Ganache is a chocolate-based frosting that contains cream or butterfat.
Product Definition:
Icing is a sweet, decorative topping that is typically used on cakes and other desserts. It is often made from sugar, butter, and milk or cream. Frosting is a type of icing that is thicker and has a more solid consistency. It can be used to cover cakes or cupcakes, as well as to decorate them. Icing and frosting are both important because they add flavor and sweetness to desserts, as well as make them look nicer.
Buttercream Frosting:
Buttercream frosting is a mixture of butter and cream cheese with icing sugar. It's taste is sweet, rich and creamy. It has high demand in bakery products such as cupcakes, cakes & pastries owing to its taste and texture characteristics.
Royal Icing:
Royal icing is a decorating agent used in the confectionery and bakery industry. It has viscosity similar to honey and is produced with an egg yolk as a base. The color of the icing depends on the food products that are to be coated, i.e., it can be any color depending upon what food product it's going to be used for (frosting or cupcakes).
Application Insights:
Bakery was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The product is widely used in bakery applications, such as bread, rolls, pastries & cakes. However, rising awareness about healthy eating habits among consumers may hamper market growth over the forecast period. Ganache and boiled/cooked icing are some of the popular products used in bakery applications across various regions globally.
The family application segment accounted for a significant share of global revenue in 2017 owing to increasing demand from home baking activities across various regions globally. Icing provides an easy way to create realistic looking snowflakes ornaments on Christmas trees or cookies on Christmas day without using real snow at home gardens or parks near you!. Rising popularity of these decorative items has boosted industry growth significantly among families worldwide since ages!. Increasingly competitive business environment encourages working professionals to opt for professional help while decorating their offices with festive season goodies which further drives industry expansion over the coming years!.
Regional Analysis:
North America was the largest market, accounting for more than 35.0% share of the global revenue in 2017. The U.S., being a major consumer of bakery products, is expected to remain a key market for global icing and frosting industry over the forecast period.
Asia Pacific is anticipated to be one among the fastest-growing regions with a CAGR exceeding 5% from 2018 to 2030 owing its huge population base along with increasing number of retail outlets that consume bakery products on daily basis especially in India China Pakistan & Bangladesh (ICP&B) countries will boost regional growth significantly over next eight years.
Growth Factors:
- Increasing demand for bakery products: The global bakery products market is projected to grow at a CAGR of 5.5% from 2017 to 2022, reaching a value of USD 258.7 billion by 2022. This growth can be attributed to the increasing demand for convenience foods, changing lifestyles, and growing urbanization. Icing and frosting are used in various types of bakery products such as cakes, pastries, doughnuts, pies, etc., which are witnessing high demand across the globe.
- Rising disposable income: The rising disposable income has led to an increase in the purchasing power of consumers which is driving the growth of the icing and frosting market globally. In addition, an increase in consumer spending on premium baked goods has also contributed to this growth trend.
Scope Of The Report
Report Attributes
Report Details
Report Title
Icing and Frosting Market Research Report
By Type
Buttercream Frosting, Royal Icing, Ganache, Boiled / Cooked Icing, Cream Cheese Frosting, Dusting
By Application
Bakery, Restaurant, Family
By Companies
CSM Bakery Solutions, Wilton, Rich Product, Betty Crocker, Dawn Food, Lawrence, BGC Manufacturing, Macphie, Renshaw, Fruit Fillings Inc, CSM Bakery Solutions, Effco, Orchardicing, Kelmyshop, CK Products
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Icing and Frosting Market Report Segments:
The global Icing and Frosting market is segmented on the basis of:
Types
Buttercream Frosting, Royal Icing, Ganache, Boiled / Cooked Icing, Cream Cheese Frosting, Dusting
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
Bakery, Restaurant, Family
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:
- CSM Bakery Solutions
- Wilton
- Rich Product
- Betty Crocker
- Dawn Food
- Lawrence
- BGC Manufacturing
- Macphie
- Renshaw
- Fruit Fillings Inc
- CSM Bakery Solutions
- Effco
- Orchardicing
- Kelmyshop
- CK Products
Highlights of The Icing and Frosting 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:
- Buttercream Frosting
- Royal Icing
- Ganache
- Boiled / Cooked Icing
- Cream Cheese Frosting
- Dusting
- By Application:
- Bakery
- Restaurant
- Family
- 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 Icing and Frosting 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?
Icing and frosting are two common terms for a type of cake decoration that involves applying a thin layer of sugar or cream to the top and sides of a cake, then sprinkling it with finely chopped nuts, chocolate chips, or other flavorings.
Some of the major players in the icing and frosting market are CSM Bakery Solutions, Wilton, Rich Product, Betty Crocker, Dawn Food, Lawrence, BGC Manufacturing, Macphie, Renshaw, Fruit Fillings Inc, CSM Bakery Solutions, Effco, Orchardicing, Kelmyshop, CK Products.
The icing and frosting market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Icing and Frosting 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 Icing and Frosting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Icing and Frosting 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 Icing and Frosting 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 Icing and Frosting Market Size & Forecast, 2018-2028
4.5.1 Icing and Frosting Market Size and Y-o-Y Growth
4.5.2 Icing and Frosting Market Absolute $ Opportunity
Chapter 5 Global Icing and Frosting 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 Icing and Frosting Market Size Forecast by Type
5.2.1 Buttercream Frosting
5.2.2 Royal Icing
5.2.3 Ganache
5.2.4 Boiled / Cooked Icing
5.2.5 Cream Cheese Frosting
5.2.6 Dusting
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Icing and Frosting 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 Icing and Frosting Market Size Forecast by Applications
6.2.1 Bakery
6.2.2 Restaurant
6.2.3 Family
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Icing and Frosting 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 Icing and Frosting 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 Icing and Frosting Analysis and Forecast
9.1 Introduction
9.2 North America Icing and Frosting 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 Icing and Frosting Market Size Forecast by Type
9.6.1 Buttercream Frosting
9.6.2 Royal Icing
9.6.3 Ganache
9.6.4 Boiled / Cooked Icing
9.6.5 Cream Cheese Frosting
9.6.6 Dusting
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 Icing and Frosting Market Size Forecast by Applications
9.10.1 Bakery
9.10.2 Restaurant
9.10.3 Family
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 Icing and Frosting Analysis and Forecast
10.1 Introduction
10.2 Europe Icing and Frosting 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 Icing and Frosting Market Size Forecast by Type
10.6.1 Buttercream Frosting
10.6.2 Royal Icing
10.6.3 Ganache
10.6.4 Boiled / Cooked Icing
10.6.5 Cream Cheese Frosting
10.6.6 Dusting
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 Icing and Frosting Market Size Forecast by Applications
10.10.1 Bakery
10.10.2 Restaurant
10.10.3 Family
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 Icing and Frosting Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Icing and Frosting 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 Icing and Frosting Market Size Forecast by Type
11.6.1 Buttercream Frosting
11.6.2 Royal Icing
11.6.3 Ganache
11.6.4 Boiled / Cooked Icing
11.6.5 Cream Cheese Frosting
11.6.6 Dusting
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 Icing and Frosting Market Size Forecast by Applications
11.10.1 Bakery
11.10.2 Restaurant
11.10.3 Family
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 Icing and Frosting Analysis and Forecast
12.1 Introduction
12.2 Latin America Icing and Frosting 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 Icing and Frosting Market Size Forecast by Type
12.6.1 Buttercream Frosting
12.6.2 Royal Icing
12.6.3 Ganache
12.6.4 Boiled / Cooked Icing
12.6.5 Cream Cheese Frosting
12.6.6 Dusting
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 Icing and Frosting Market Size Forecast by Applications
12.10.1 Bakery
12.10.2 Restaurant
12.10.3 Family
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) Icing and Frosting Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Icing and Frosting 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) Icing and Frosting Market Size Forecast by Type
13.6.1 Buttercream Frosting
13.6.2 Royal Icing
13.6.3 Ganache
13.6.4 Boiled / Cooked Icing
13.6.5 Cream Cheese Frosting
13.6.6 Dusting
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) Icing and Frosting Market Size Forecast by Applications
13.10.1 Bakery
13.10.2 Restaurant
13.10.3 Family
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 Icing and Frosting Market: Competitive Dashboard
14.2 Global Icing and Frosting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CSM Bakery Solutions
14.3.2 Wilton
14.3.3 Rich Product
14.3.4 Betty Crocker
14.3.5 Dawn Food
14.3.6 Lawrence
14.3.7 BGC Manufacturing
14.3.8 Macphie
14.3.9 Renshaw
14.3.10 Fruit Fillings Inc
14.3.11 CSM Bakery Solutions
14.3.12 Effco
14.3.13 Orchardicing
14.3.14 Kelmyshop
14.3.15 CK Products
