The global demand for Icing Shortening Market is presumed to reach the market size of nearly USD 6.06 BN by 2030 from USD 3.47 BN in 2022 with a CAGR of 7.21% under the study period 2023 - 2030.
Icing shortening, often referred to as "icing fat" or "icing margarine," is a specialized type of fat used in baking and cake decorating to make various types of icing and frosting, such as buttercream and royal icing. It is a vegetable-based shortening that is designed to have certain characteristics that make it suitable for creating smooth and stable icings.
The overall expansion of the baking industry, including bakeries and home baking, drives the need for icing shortening as it's a crucial ingredient for frosting and decorating cakes, cookies, and other baked goods. Evolving cake decorating trends and consumer preferences also play a significant role, as decorators often require specific icing-shortening products to achieve desired textures and finishes. Convenience and shelf stability make icing shortening an attractive choice for bakeries and cake decorators, reducing waste and saving time. Customizing and personalizing cakes for special occasions increases the demand for unique icing colors, textures, and flavors. The growth of bakery chains, the food service industry, and retail distribution channels further fuels the market. Innovations in icing shortening formulations and the availability of vegan and allergen-free options also contribute to market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of icing shortening. The growth and trends of icing shortening industry provide a holistic approach to this study.
This section of the icing shortening market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
By Fat Type
By End Use
This section covers the regional outlook, which accentuates current and future demand for the Icing Shortening market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Icing Shortening market include Stratas Foods, Bunge Loders Croklaan, Par Way Iryson Conc, Amoretti, Brolite Products Co. Inc, Pakmaya, Mallet & Company Inc, CHOCOVIC, S.A.U., Georg Lemke GmbH & Co. KG, Abel & Schafer, Ruitenberg, Rice & Company Inc., Seven Seas Commodities (P) Ltd., Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . ICING SHORTENING – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Product Type
3.7.2 Market Attractiveness Analysis By Fat Type
3.7.3 Market Attractiveness Analysis By End Use
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL ICING SHORTENING MARKET ANALYSIS BY PRODUCT TYPE
5.1 Overview by Product Type
5.2 Historical and Forecast Data
5.3 Analysis by Product Type
5.4 PHO-based Historic and Forecast Sales by Regions
5.5 Non-PHO-based Historic and Forecast Sales by Regions
6 . GLOBAL ICING SHORTENING MARKET ANALYSIS BY FAT TYPE
6.1 Overview by Fat Type
6.2 Historical and Forecast Data
6.3 Analysis by Fat Type
6.4 Animal Historic and Forecast Sales by Regions
6.5 Plant-based Historic and Forecast Sales by Regions
7 . GLOBAL ICING SHORTENING MARKET ANALYSIS BY END USE
7.1 Overview by End Use
7.2 Historical and Forecast Data
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