FROSTING AND ICING MARKET ANALYSIS

Frosting and Icing Market, by Product Type (Buttercream Frosting, Boiled or Cooked Icing, Ganache, Royal Icing, Dusting, Cream Cheese Frosting, and Others), by End-use Industry (Commercial and Non-commercial), and by Distribution Channel (Hypermarket, Supermarket, Online Channels, Convenience Stores, and Others) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Nov 2024
Code : CMI1575
Formats :
Excel and PDF
Industry : Food and Beverages

Regional Analysis

Market Outlook

North America dominated the global frosting and icing market in 2016. The consumption of cakes and pastries and other confectionery treats is associated with many events throughout the year such as birthdays, occasions, Easter, thanksgiving, Christmas, and other celebrations. The sales of confectionery products in the U.S. was observed to be high during such events. Also, the urban population is more inclined towards consumption of confectionery products compared to its rural counterparts. According to the U.S. Census Bureau, over 80% of the population resided in urban areas in 2017. According to the UN sources, urban population in Canada is 82.3%. These factors are expected to contribute to the market growth in this region. Asia Pacific is expected to witness a highest CAGR over the forecast period. According to Agricultural & Processed Food Products Export Development Authority (APEDA), in 2014, the bakery industry in India was one of the largest section in processed food industry and witnessed a CAGR of more than 15%.

Geographies coveredNorth America, Europe, Asia Pacific, Latin America, Middle East, and Africa