Latin America Buttercream Frosting Market was worth USD XX billion in 2020 and estimated to be growing at a CAGR of XX%, to reach USD XX billion by 2026.
Buttercream (also known as butter cream, butter icing, and mock cream) is a type of icing or filling used inside cakes, as a coating, and as decoration. In its simplest form, it is made by creaming butter with powdered sugar, although other fats can be used, such as margarine or lard.Frosting is a thick and fluffy coating of cream or butter. Icing is a thin and sugary glaze spread that hardens on cooling. They are both used for decorating cakes, muffins and pastries.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2020 – 2026 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
CAGR |
XX% |
Segments Covered |
By Product, By Application, and By End User |
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 |
Countries Covered |
Brazil, Mexico, and Argentina |
Market Leaders Profiled |
Betty Crocker, CSM Bakery Solutions, Pinnacle Foods, Wilton Industries, Dawn Food, Real Good Food and Lawrence Foods |
The Latin America Buttercream Frosting market is driven by the rising demand, increase in urbanization leading to higher availability of bakeries. However, health concerns are a major factor restraining market growth. Therefore, to attract the health conscious populace, the vendors introduced healthier varieties with lesser fat content. Also, the rapid growth in home baking also acts as a restraint on market growth as it reduces the demand for packaged Buttercream Frosting.
The Latin America Buttercream Frosting Market is segmented on the basis of type and distribution channels. On the basis of type, the market is segmented into American, Swiss, French and Italian buttercream frostings. On the basis of distribution channel, the market is distributed among online sales, supermarkets/hypermarkets, convenience stores and others.
Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The huge rise in spending in the Buttercream Frosting market has increased the demand in the market. Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia. The availability of large customer base with rising disposable incomes is set to drive the market in the foreseeable future.
The major players operating in the Latin America carbonated drinks industry include Rich Product, Betty Crocker, CSM Bakery Solutions, Pinnacle Foods, Wilton Industries, Dawn Food, Real Good Food and Lawrence Foods.
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