Icing and Frosting Market with Top Players | CSM Bakery Solutions, Wilton, Rich Product, Betty Crocker and More

The Global Icing and Frosting Market in terms of revenue was estimated to be worth USD XX billion in 2023 and is poised to grow at a CAGR of 2.7% from 2024 to 2031.

Icing serves as a sweet and decorative coating for various baked goods like cakes, cookies, and pastries, enhancing their flavor, texture, and visual appeal. Typically composed of powdered sugar, butter, shortening, and flavorings like vanilla or cocoa, icing comes in various forms, ranging from smooth to glossy glazes. Its versatility in taste and presentation makes it a popular choice for bakers seeking to elevate their creations.

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Top Competitors of Icing and Frosting Market: CSM Bakery Solutions, Wilton, Rich Product, Betty Crocker, Dawn Food, Lawrence, BGC Manufacturing, Macphie, Renshaw, Fruit Fillings Inc, and Others.

The rise in demand for icing can be attributed to several factors. With an increase in baking and home-based culinary activities, especially during periods of lockdowns and more time spent at home, there's a growing interest in creating visually appealing and delicious treats. Social media platforms have also played a significant role, with people sharing their baking creations online and inspiring others to try different icing techniques and designs. Additionally, the popularity of artisanal baked goods and the trend of customized and themed cakes for various occasions contribute to the demand for diverse and aesthetically pleasing icing options. Consequently, the icing category has seen innovation, offering a wide range of varieties from plain icing to trendy mirror glazes and drip icings.

Icing and Frosting Market Segmentation:

On the basis of product type,

Buttercream Frosting
Boiled or Cooked Icing
Ganache
Royal Icing
Dusting
Cream Cheese Frosting
Others

On the basis of end-use industry,

Commercial
Non-Commercial

On the basis of distribution channel,

Hypermarket
Supermarket
Online Channels
Convenience Stores
Others

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As for frosting, it's a sweet and creamy topping commonly used on baked goods. While similar to icing, it has its differences in ingredients and texture. Frosting tends to be thicker and fluffier, aiming for a smooth and spreadable consistency. Its ingredients typically include powdered sugar, butter, shortening, and flavorings like vanilla or chocolate. Unlike icing, which may have a more liquid or glaze-like consistency, frosting is often employed for decorating cakes, cupcakes, and other desserts.

The sector responsible for producing and supplying various toppings used to enhance the flavor of baked goods is commonly referred to as the "icing and frosting market." This market encompasses products such as cream cheese frosting, fondant, ganache, royal icing, and buttercream, which are utilized to adorn pastries, cakes, cupcakes, and cookies, thereby enriching their taste, texture, and visual appeal. Within this sector, there exists a wide array of customer preferences, including conventional, vegan, gluten-free, and organic alternatives. Key participants in this industry, serving both home and commercial bakers, encompass distributors, retailers, suppliers, and manufacturers. The sector's dynamic nature is driven by evolving consumer preferences, innovative product development, and the growing demand for high-quality, personalized bakery decorations.

Regions Covered in the Global Icing and Frosting Market:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East, Africa and rest of the world

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Key Report Highlights:

The report provides a comprehensive overview of market size, growth drivers, and trends, This information can help businesses to make informed decisions about their strategies.
The report provides a competitive analysis of the Icing and Frosting, which can help businesses to identify their strengths & weaknesses to the competitors.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global Icing and Frosting Market outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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This release was published on openPR.