The North America Cakes Frosting and Icing Market is expected to be worth USD 3.32 billion in 2024, to achieve USD 4.15 Billion in 2029, and estimated to be grow at a CAGR of 4.5%.
Icing is generally used to glaze pastries or cakes, and tastes sugarier than frosting, furthermore, icing is generally thinner and glossier, while its counterpart frosting is a thick, fluffy mixture, used to coat the outside of a cake.Icing, often called frosting in the United States, is a sweet, often creamy glaze made of sugar with a liquid, such as water or milk, that is often enriched with ingredients like butter, egg whites, cream cheese, or flavorings. It is used to cover or decorate baked goods, such as cakes or cookies. When it is used between layers of cake, it is called filling.The North America Cakes Frosting and Icing market is driven by factors including the 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 Cakes Frosting and Icing.
North America Cakes Frosting and Icing Market - By Distribution Channel:
online sales
supermarkets/hypermarkets
convenience stores
North America Cakes Frosting and Icing Market - By Region:
US
Canada
The North American region holds the second major stake in the aggregate income of Global Cakes Frosting and Icing market in 2016 because of noteworthy growth in consumption, brought about by established distribution channels. However, the market has dwindled owing to increasing incidence of obesity coupled with the rising health awareness among consumers.
KEY MARKET PLAYERS:
Rich Product, Betty Crocker, CSM Bakery Solutions, Pinnacle Foods, Wilton Industries, Dawn Food
Frequently Asked Questions
The North America Cakes Frosting and Icing Market includes the industry involved in producing, distributing, and consuming frosting and icing products used to decorate cakes in the North American region.
The market offers a variety of frosting and icing options, including buttercream, fondant, glaze, ganache, cream cheese frosting, and royal icing, among others, each offering unique flavors, textures, and decorative capabilities.
Factors driving market growth include the increasing demand for premium baked goods, the popularity of custom cakes for special occasions, the rise of home baking and cake decorating trends, and the continuous innovation in frosting and icing formulations and flavors.
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