What is Sugar Paste Market Scope?
Sugar paste is an edible icing made from sugar, water, corn syrup, and other ingredients. It is generally used to create decorations for cakes. The biggest advantage of commercial sugar paste is that it can be stored for up to a year, as compared to homemade sugar paste. It is heated and cooled to produce a dough-like consistency. It is a type of sugar dough that can be rolled out to cover the cake for a sleek, smooth finish. A confect sugar paste has half the sweetness compared to any of its competitors making it much more nutritious & diabetic friendly. It is also gluten-free, nut-free, dairy-free, Trans fat-free, and lactose-free.
The Sugar Paste market study is being classified by Type (White, Red, Green, Black and Others), by Application (Commercial and Residential) and major geographies with country level break-up.
Analysts at AMA predicts that Vendors from United Kingdom will contribute to the maximum growth of Global Sugar Paste market throughout the predicted period.
JF Renshaw Ltd. (United Kingdom), Culpitt Ltd. (United Kingdom), Karen Davies Sugarcraft Ltd. (United Kingdom), Knightsbridge PME Ltd. (United Kingdom), Satin Ice (United States), Fat Daddio's (United States), Redman (Singapore), Wilton Brands LLC (United States), Passionatebaking (India) and Confect (India) are some of the key players profiled in the study.
Analyst at AMA have segmented the market study of Global Sugar Paste market by Type, Application and Region.
On the basis of geography, the market of Sugar Paste has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Market Trend
- Use of Sugar Paste to Prepare Fondant Due to Demand from Icing and Cake Industry
- Increasing Demand from Bakery and Cake Industry Owing to Smooth Texture
- Rise in Disposable Income of People and Spending
- Growing Demand of Gluten-free, Dairy-free, and Vegan Foods Across the Globe
- Increasing Foodservice Chain and Commercial Bakery Market
- Increasing Health Awareness among People about High Sugar Content
- Government Standard Regarding the Ingredient Used in Food Product
Key Target AudienceSugar Paste Manufacturers, Raw Material Suppliers, Distributors/Exporters/Importers, End-Use Industry and Others
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Sugar Paste market expands?
The Global Sugar Paste market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Sugar Paste market?
The prominent players of Global Sugar Paste market are JF Renshaw Ltd. (United Kingdom), Culpitt Ltd. (United Kingdom), Karen Davies Sugarcraft Ltd. (United Kingdom), Knightsbridge PME Ltd. (United Kingdom), Satin Ice (United States), Fat Daddio's (United States), Redman (Singapore), Wilton Brands LLC (United States), Passionatebaking (India) and Confect (India), to name a few.
3. What are the top priorities to focus for Sugar Paste marketís growth?
In this highly competitive & fast evolving Sugar Paste industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.