Frosting and Icing Market Industry Professional Survey 2021 by Manufacturers, Share, Growth, Trends, Types and Applications, Forecast to 2027

 


Frosting and icing are used for decorating baked goods such as pastries, muffins, and cakes. Frosting is a fluffy and thick coating of butter or cream on the cakes and icing is a thin and sugary glaze on cakes and pastry that hardens on cooling. The basic frosting and icing consists of sugar, butter, and milk or water with different flavors such as chocolate, fruit juice or extracts, and others.


Growing demand for cakes and pastries is one of the major factors driving growth of global Frosting And Icing Market. According to the Agriculture and Agri-Food Canada, the sales value of cakes in U.K. increased at an average of 2% each year between 2012 and 2017, with an increase of 1.5% over CAGR (2007-2012). Furthermore, increasing number of bakeries, owing to growing urbanization, rising income, results in growing food industry, is fueling growth of frosting and icing market. According to India Brand Equity Foundation (IBEF), in 2016, the food processing industry in India ranks fifth in terms of consumption, production and exports and was valued at US$ 258 billion in 2015.


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