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Buttercream Frosting Market By Type (American, Swiss, French, Italian), By Distribution Channel (Online Sales, Supermarkets/Hypermarkets, Convenience Stores, Others) And By Region - Global Industry Analysis, Size, Share, Growth, Trends And Forecast Report 2023-2028

Published: March, 2023
ID: 4731
Pages: 175
Formats: report pdf report excel report power bi report ppt

Buttercream Frosting Market Size, Share, Growth (2023-2028)

Buttercream Frosting Market was estimated to be growing at a CAGR of 4.5 %, to reach USD 8.2 billion by 2028.

Buttercream Frosting Market Overview:

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.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022-2028

Base Year

2022

Forecast Period

2023-2028

CAGR

4.5%

Segments Covered

By Product, Type, Consumption, Distribution Channel and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on 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

Buttercream Frosting Market Recent Developments in the Industry:

  1. 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.

  2. the Los Angeles architecture team developed 3D printed sculpture technology to design and print original sugar sculptures. This technology turns sugar into a sculptural and structural element used to sweeten food.

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.

Buttercream Frosting Market Drivers and Restraints:

The growing demand for bakery products is a major factor driving demand for icing and frosting and is expected to drive global buttercream frosting market growth. Consumers prefer frozen cakes on birthdays, parties, and festive occasions.

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.

Buttercream Frosting Market Segmentation:

By Product Type:

  • Boiled or Cooked Icing

  • Ganache

  • Royal Icing

  • Dusting

  • Cream Cheese Frosting

  • Others

By End-use:

  • Commercial

  • Non-Commercial

By Distribution channel:

  • Hypermarket

  • Supermarket

  • Convenience Stores

  • Online Channels

Buttercream Frosting Marke Regional Analysis:

  1. North America
    • U.S

    • Canada

  2. Europe
    • Norway

    • Germany

    • Sweden

  3. Asia Pacific
    • China

    • India

    • Japan

  4. Latin America
    • Brazil

    • Mexico

    • Argentina

  5. Middle East and Africa
  • Middle East
  • Africa

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.

Buttercream Frosting Market key players:

  1. Rich Product

  2. Betty Crocker

  3. CSM Bakery Solutions

  4. Pinnacle Foods

  5. Wilton Industries

  6. Dawn Food

  7. Real Good Food

  8. Lawrence Foods

  9. Macphie

  10. Kelmyshop

  11. Orchardicing

  12. Fruit Fillings Inc

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