Fondant is basically a type of icing which is utilized to sculpt or decorate cupcakes, cakes, and pastries. The texture of fondant is quite different from the most of the icing that makes fondant different from icing. Fondant available in a couple of different forms, including rolled or poured. Rolled fondant has the same texture as of clay that is little stiffer and also poured fondant is very gelatinous & thick liquid. Rolled fondant is common as it is applied in the giving of decorative touch on the outside of the bakery goods. Fondant is prepared from of sugar, water, and corn syrup.
MARKET DYNAMICS
The fondant market has witnessed significant growth owing to factors such as increasing demand from both food service and food retail sector. Consumers now a days are increasingly participating in fitness activities that improve well-being, including eating natural & organic food, along with following a special diet. Hence, the market for organic fondant is steadily picking up the pace, in the global market, owing to an increase in the health & wellness awareness among the consumers. Increasing disposable income, rise in demand for sweet dishes, and availability of several ice cream flavors propel the growth of the fondant market. Bakery manufacturers are also focusing on bringing novel fondant product along with innovative ingredients like foaming agents to cater the growing consumer preference & demand for unique tastes and flavors. However, health issue associated with consumption of more sweet and sugar may restrict the growth of the fondant market. Nevertheless, with the steady growth in the bakery sector and product innovation, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Fondant Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fondant market with detailed market segmentation by type, end-use, and geography. The global fondant market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fondant market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fondant market is segmented on the basis of type, and end-use. The fondant market on the basis of the product is classified into rolled fondant and poured fondant. Based on end-use, global fondant market is bifurcated into foodservice and food retail.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fondant market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fondant market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fondant market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fondant market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global fondant market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fondant market are anticipated to lucrative growth opportunities in the future with the rising demand for fondant in the global market. Below mentioned is the list of few companies engaged in the fondant market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fondant market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Arctos Creme Sp. z o.o.
- Couplet Sugars
- Dawn Food Products, Inc
- Holger Food Group Sp. z o. o
- JF Renshaw Ltd
- Pfeifer & Langen GmbH & Co. KG
- PURATOS GROUP
- Zeelandia International
- Zuk?n
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