Asia Pacific Icing and Frosting Market is worth USD xx million in 2016 and estimated to grow at a CAGR of xx.xx%, to reach USD xx million by 2021. The Asia Pacific Icing and Frosting market is developing at an exceptionally quick pace.
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Frosting is done for coating outside of cake which generally contains butter and has buttery taste. Icing is done to glaze cakes and pastries. Icing has more of sugary taste and hence differs from frosting. Icing generally contains cream along with food items like butter, eggs, cream cheese etc. Icing can be formed into various shapes. The most basic and simplest icing consists of water and powdered sugar. Icing can be used to cover outside of a cake or can be used as a filling between the layers of cake.Frosting consists of butter and icing sugar.
The significant driver is the increasing no. of bakeries. Also Increase in urbanization and changing consumer preferences is going to boost this industry in developed and developing nations. However, health issues and regulatory concerns, are proving to be a major restraint limiting the growth of this industry market.
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The Asia Pacific Icing and Frosting market is segmented on the basis of product type, application and region. Based on product type the market is segmented into Dusting, Cream Cheese frosting, boiled / Cooked Icing, Ganache, Royal Icing, Buttercream Frosting. Based on application the market is segmented into Bakery, Restaurant and Family.
Asia Pacific is geographically segmented into China, India, Japan, South Korea, Taiwan, Australia and South East Asia. China and India are likely to boost the market because of huge population. Also Asia Pacific is largest growing segment.
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Wilton Industries, Dawn Food, Real Good Food, Lawrence Foods, Dixie’s Icing, Macphie, Kelmyshop, Orchardicing ,Rich Product, Betty Crocker,Pinnacle Foods, and Fruit Fillings are the leaders in the Asia Pacific Icing and Frosting market.
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