Cibi e Bevande
Fondant Market in Europe to Advance at CAGR of 3.9% during Forecast Period; TMR Study
ALBANY, N.Y. , March 2, 2022 /PRNewswire/ -- Rise in popularity of ready-to-use and DIY (Do It Yourself) silicone-based molds are generating massive opportunities in the Europe fondant market. Growing popularity of themed cakes has bolstered revenue potential in bakers in the Europe fondant market. The Europe fondant market is anticipated to reach approximately US$ 774 Mn by 2030.
Rolled fondant innovations are being used to create value-grab opportunities for bakers in the Europe fondant market. Rise in use of fondants in variety of colors, flavors, and designs that can be used for simple as well as sculpted cake is boosting the market, notes an in-depth TMR study. The trend of plant-based sweetening solutions for the bakery and confectionary industry is adding momentum to the expansion of avenues in the Europe fondant market.
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The demand for custom-made sugar products has opened up lucrative avenues, notes the analysts in the Europe fondant market. Based on aggregate type, powdered fondants occupy a major proportion of the regional market. Expansion of online baking business in Europe is a key trend bolstering the prospects.
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Manufacturers are collaborating with food technologists to test new flavors and leverage sugar specialties to gain an edge over others in the food processing industry. Some of the prominent players in the Europe fondant market are JF Renshaw Ltd., Zukán, Pfeifer & Langen GmbH & Co. KG, Holger Food Group Sp. z o. o, Arctos Creme Sp. z o.o., Couplet Sugars, Zeelandia International, and Dawn Food Products, Inc.
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