What is Global Frosting & Icing Market?
The Global Frosting & Icing Market is a comprehensive study of the various types of frostings and icings used in the food and beverage industry worldwide. This market encompasses a wide range of products, from buttercream frosting to royal icing, ganache, boiled/cooked icing, cream cheese frosting, dusting, and others. These products are primarily used to enhance the taste and appearance of baked goods, making them more appealing to consumers. The market's value was estimated at US$ 78 million in 2022, and it is projected to grow to US$ 95 million by 2029. This growth is attributed to the increasing demand for these products in various sectors, including bakeries, restaurants, and households.
Buttercream Frosting, Royal Icing, Ganache, Boiled / Cooked Icing, Cream Cheese Frosting, Dusting, Others in the Global Frosting & Icing Market:
Buttercream Frosting, Royal Icing, Ganache, Boiled / Cooked Icing, Cream Cheese Frosting, Dusting, and Others are some of the key products in the Global Frosting & Icing Market. Buttercream frosting is a creamy, sweet topping typically used on cakes and cupcakes. It's made by creaming butter with powdered sugar, then adding milk and vanilla for flavor. Royal icing, on the other hand, is a hard, glossy icing made from egg whites and powdered sugar, often used for decorating cookies and cakes. Ganache is a rich, chocolate-based frosting, while boiled/cooked icing is a light, fluffy topping made by cooking sugar syrup, then whipping it into egg whites. Cream cheese frosting is a tangy, creamy topping made from cream cheese, butter, and powdered sugar, often used on carrot cake and red velvet cake. Dusting is a simple technique that involves sprinkling powdered sugar or cocoa powder over a baked good for a light, sweet finish. Other types of frosting and icing include fondant, glaze, and whipped cream.
Bakery, Restaurant, Family in the Global Frosting & Icing Market:
The Global Frosting & Icing Market finds its application in various sectors such as bakeries, restaurants, and families. In bakeries, these products are used to decorate and enhance the flavor of a wide range of baked goods, including cakes, cupcakes, cookies, and pastries. They add a sweet, creamy finish that makes these goods more appealing to consumers. In restaurants, frosting and icing are used in dessert preparation, adding a touch of sweetness and elegance to the dining experience. At home, these products are used in homemade baked goods, allowing families to create professional-looking desserts in their own kitchens. The versatility and ease of use of these products have contributed to their popularity in these sectors.
Global Frosting & Icing Market Outlook:
The Global Frosting & Icing Market is a dynamic and growing market. As of 2022, the market was valued at US$ 78 million and is expected to reach US$ 95 million by 2029. This represents a compound annual growth rate (CAGR) of 2.8% during the forecast period from 2023 to 2029. The market is dominated by the top five manufacturers, who collectively hold a market share of about 45%. Geographically, Europe is the largest market for frosting and icing, accounting for over 40% of the global market. This is followed by the USA and Asia, each holding a market share of over 45%. In terms of product type, Buttercream Frosting is the largest segment, accounting for over 30% of the market.
| Report Metric | Details |
| Report Name | Frosting & Icing Market |
| Accounted market size in 2022 | US$ 78 in million |
| Forecasted market size in 2029 | US$ 95 million |
| CAGR | 2.8% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Rich Product, Betty Crocker, CSM Bakery Solutions, Pinnacle Foods, Wilton Industries, Dawn Food, Real Good Food, Lawrence Foods, Dixie’s Icing, Macphie, Kelmyshop, Orchardicing, Fruit Fillings Inc, Effco, Renshaw |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
