Buttercream Frosting Market was estimated to be grow at a CAGR of 4.5 %, to achieve USD 6.2 billion by 2024, USD 8.2 billion by 2029.
The frosting is a sweet, creamy frosting made up of sugar and a liquid such as milk or water. It is often enriched with different ingredients such as egg whites, butter, cream cheese, and flavors. When frosting is used between layers of food, it is called filling. The frosting can be made in different shapes and colors to decorate baked goods. Buttercream Frosting is a mixture of creamy butter, flavors, and powdered sugar. Although other fats such as lard or margarine are used. The bakery has always been the focus of the food industry from 8000 BC to the present. The last decade has shown prospective growth in the field of added bakery and pastry mixes. Pastry kitchen items like bread, cakes, biscuits, waffles and other prepared merchandise expect icing to cover or improve these items. Over the past decade, there has been tremendous growth in the field of baking and baking products. Modern food additives and ingredients are followed by the baking industries. Buttercream frosting is widely used in the baking industry for decorative purposes, as the appearance of any food directly influences the quality of the food. Different flavors are added to enhance the flavor of baked goods. Buttercream Frosting's end-use industries are food manufacturers and households. Vegetable and animal fats are used in the manufacture of enamels. At times pork fat is additionally used to set it up. Food producers are then portioned into the bread kitchen and sweet shop. Buttercream frosting adds flavor and surface to cakes and heated products. It is popular among food producers for its different properties. The demand for buttercream frosting will drive potential market growth as there is an increase in demand for baked goods.
Impact Of Covid-19 On Buttercream Frosting Market:
The novel coronavirus pandemic has had a significant impact on the entire food and beverage industry, of which the bakery industry is one. This pandemic led to mass production shutdowns and supply chain disruptions, which also affected the economy. Due to the shutdown, at the beginning of 2020, sales of inedible products such as sanitizers, toilet paper, paper products, and hand sanitizers were in high demand, and sales of grocery products such as bakery, meat products and many others fell. Since the bakery supply was insufficient and with the lack of labor, many bakers closed their doors. Along with this, the disruption of logistics facilities due to foreclosure created further problems in the market as consumers did not get the products they needed, which ultimately affected the market. Another factor that had an impact on the market is the lack of availability of raw materials, which is why the production of products was not adequate. Due to these problems, the small bakers in the disorganized segment are the most affected, as stated by Mago, who is also president of the All India Bread Makers Association. But over time the government began to allow the reopening of stores, the demand for bakery products increased, especially bread and the like, since these are the essential products that are used in the daily diet, mainly for breakfast and snacks. As a result, the domestic sector's demand for bakery products increased, while the foodservice sector faced a decline in the market for bakery products, considered one of the most demanding products in the service sector of food.
Another key factor expected to support the growth of the world market is the increasing demand for cakes and muffins among the young population. A growing number of bakeries and cafes is also driving the growth of the buttercream frosting market. Besides, the expanding prevalence of doughnuts, cupcakes and the accessibility of a wide scope of seasoned cakes are required to drive the development of the worldwide buttercream frosting business soon. However, regular consumption of baked goods can have negative effects on people's health, such as high cholesterol, diabetes and obesity, etc., which can hamper the growth of the global buttercream frosting market.
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2023 to 2029 |
|
Base Year |
2023 |
|
Forecast Period |
2024 to 2029 |
|
CAGR |
4.5 % |
|
Segments Covered |
By Product Type, End-use, Distribution channel, And Region |
|
Various Analyses Covered |
Global, Regional and Country Level Analysis; Segment-Level Analysis; DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities |
|
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Market Leaders Profiled |
Rich Product, Betty Crocker, CSM Bakery Solutions, Pinnacle Foods, Wilton Industries, Dawn Food, Real Good Food, Lawrence Foods, Macphie, Kelmyshop, Orchardicing, Fruit Fillings Inc. |
The North American buttercream frosting market represents the largest share in terms of revenue and is expected to maintain its dominance during the forecast period, due to the increase in the consumption of Christmas cakes and the regular intake of bakery products by individuals in the area. The European market is also estimated to account for the second highest share in terms of revenue during the foreseen period, due to a large number of bakeries and shops in the locale. The Asia-Pacific region is supposed to become a lucrative market and experience significant growth, especially in China and India due to the rise of the processed food industry in the region.
key players in Buttercream Frosting Market are Rich Product, Betty Crocker, CSM Bakery Solutions, Pinnacle Foods, Wilton Industries, Dawn Food, Real Good Food, Lawrence Foods, Macphie, Kelmyshop, Orchardicing, Fruit Fillings Inc.
More and more consumers now show a desire for luxurious taste and indulgence. Dawn Food Products, Inc., introduces Waterfall Cake, a line of ready-to-top frozen cakes that satisfy consumer wishes.
By Product Type:
By End-use:
By Distribution channel:
By Region:
Frequently Asked Questions
Buttercream frosting is a type of icing or topping used to decorate and flavor cakes, cupcakes, cookies, and other baked goods. It is made from butter, powdered sugar, and flavorings such as vanilla extract, and can be whipped to achieve different consistencies and textures.
Growing popularity of homemade baked goods and cake decorating and Increasing consumer interest in artisanal and custom-designed cakes and cupcakes, Rise of baking and cake decorating television shows and social media influencers.
The buttercream frosting market can be segmented based on product type (American, Swiss, Italian, French), application (cakes, cupcakes, cookies, pastries), distribution channel (bakery outlets, supermarkets/hypermarkets, online retailers), and geography.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1800
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region