Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Cakes Frosting & Icing market in this environment.
In terms of revenue, this research report indicated that the global Cakes Frosting & Icing market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Cakes Frosting & Icing industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ? ? Rich Product aims at producing XX Cakes Frosting & Icing in 2020, with XX % production to take place in global market, ? ? Betty?Crocker accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Cakes Frosting & Icing Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Cakes Frosting & Icing Market?
Rich Product
Betty?Crocker
CSM Bakery Solutions
Pinnacle Foods
Wilton Industries
Dawn Food
Real Good Food
Lawrence Foods
Dixie's Icing
Macphie
Kelmyshop
Orchardicing
Fruit Fillings
...
Major Type of Cakes Frosting & Icing Covered in XYZResearch report:
Buttercream Frosting
Royal Icing
Ganache
Others
Application Segments Covered in XYZResearch Market
Bakery
Restaurant
Family
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Cakes Frosting & Icing Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Buttercream Frosting -Product Introduction and Major Manufacturers
1.1.2 Royal Icing -Product Introduction and Major Manufacturers
1.1.3 Ganache -Product Introduction and Major Manufacturers
1.1.4 Others -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Cakes Frosting & Icing Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Cakes Frosting & Icing Market
3.1.1 Top Companies leading Cakes Frosting & Icing Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Cakes Frosting & Icing Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Cakes Frosting & Icing Market
3.2.1 Top Companies leading Cakes Frosting & Icing Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Cakes Frosting & Icing Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Cakes Frosting & Icing Market
3.3.1 Top Companies leading Cakes Frosting & Icing Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Cakes Frosting & Icing Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Cakes Frosting & Icing Market
3.4.1 Top Companies leading Cakes Frosting & Icing Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Cakes Frosting & Icing Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Cakes Frosting & Icing Market
3.5.1 Top Companies leading Cakes Frosting & Icing Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Cakes Frosting & Icing Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Cakes Frosting & Icing Market
3.6.1 Top Companies leading Cakes Frosting & Icing Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Cakes Frosting & Icing Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Cakes Frosting & Icing Market
3.7.1 Top Companies leading Cakes Frosting & Icing Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Cakes Frosting & Icing Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Cakes Frosting & Icing Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Cakes Frosting & Icing Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Cakes Frosting & Icing Sales and Growth Rate (2021-2026)
5.2 Global Cakes Frosting & Icing Sales Value and Growth Rate (2021-2026)
6 Cakes Frosting & Icing Competitive Analysis
6.1 Rich Product
6.1.1 Rich Product Company Profiles
6.1.2 Rich Product Product Introduction
6.1.3 Rich Product Cakes Frosting & Icing Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Betty?Crocker
6.2.1 Betty?Crocker Company Profiles
6.2.2 Betty?Crocker Product Introduction
6.2.3 Betty?Crocker Cakes Frosting & Icing Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 CSM Bakery Solutions
6.3.1 CSM Bakery Solutions Company Profiles
6.3.2 CSM Bakery Solutions Product Introduction
6.3.3 CSM Bakery Solutions Cakes Frosting & Icing Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Pinnacle Foods
6.4.1 Pinnacle Foods Company Profiles
6.4.2 Pinnacle Foods Product Introduction
6.4.3 Pinnacle Foods Cakes Frosting & Icing Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Wilton Industries
6.5.1 Wilton Industries Company Profiles
6.5.2 Wilton Industries Product Introduction
6.5.3 Wilton Industries Cakes Frosting & Icing Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Dawn Food
6.6.1 Dawn Food Company Profiles
6.6.2 Dawn Food Product Introduction
6.6.3 Dawn Food Cakes Frosting & Icing Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Real Good Food
6.7.1 Real Good Food Company Profiles
6.7.2 Real Good Food Product Introduction
6.7.3 Real Good Food Cakes Frosting & Icing Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Lawrence Foods
6.8.1 Lawrence Foods Company Profiles
6.8.2 Lawrence Foods Product Introduction
6.8.3 Lawrence Foods Cakes Frosting & Icing Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Dixie's Icing
6.9.1 Dixie's Icing Company Profiles
6.9.2 Dixie's Icing Product Introduction
6.9.3 Dixie's Icing Cakes Frosting & Icing Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Macphie
6.10.1 Macphie Company Profiles
6.10.2 Macphie Product Introduction
6.10.3 Macphie Cakes Frosting & Icing Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 Kelmyshop
6.12 Orchardicing
6.13 Fruit Fillings
7 Conclusion
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