What is Sugar FlowerMarket?
Sugar flowers are nothing but a decorative item for cakes and cupcakes used in the bakery and confectionary industry. These sugar flowers are made from gum and confectioners/icing sugar, mixed into a paste, and shaped into flowers, and leave dry to a porcelain-like hardness. However, sugar flowers can also be made from fondant icing or piped with Royal Icing. These flowers can be eaten or not, depends on the ingredients as some of the ingredients used are not for consumable purposes and subject to regulations.
Growing Demand from the Commercial Sector for Decorations of Cakes and Cupcakes and Increasing Sales of Cakes and Other Items Due to Rising Occasion of Birthday, Weddings, and Other Parties
Increasing Demand for Bakery Products and Confectionaries Owing to Rising Prevalence of Weddings and Parties across the Globe and Increase in Consumer Disposable Income Owing to Increase in Preferences and Choices
The Vendors Covered in the Study are:
Petra International (Canada), Golden Crown Petals & Herbs (Philippines), DecoPac (United States), Cake Ornament (Australia) and Philippine Gum Paste (Philippines)
In the United Kingdom, wired sugar flowers are considered a non-edible item and are subject to VAT.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Sugar Flower Market?
The Sugar Flower market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Sugar Flower Market?
Top performing companies in the Global Sugar Flower market are Petra International (Canada), Golden Crown Petals & Herbs (Philippines), DecoPac (United States), Cake Ornament (Australia) and Philippine Gum Paste (Philippines), to name a few.
4. Which region dominated the worldwide market for Sugar Flower in 2020?
North America, Europe is dominating the Sugar Flower Market.