In my experience store bought is stronger more flexible and easier to work with, but homemade is cheaper.
You can try out both and see which you would prefer.
I usually make my own but sometimes, the fondant isn't working for me and I end up doing things 2-3 times. So sometimes you have to choose between spending more money or spending more of your time.
Buying fondant will guarantee you a consistent product. To me, it's not worth my time to make fondant also. I have to make the cake, filling, icing or ganache, decorations...etc. Time is money so whatever I can do to help me use my time more wisely....just my opinion
I use store bought and like Kellbella said, it's consistent, which is nice in the world of cake decorating! lol
Agree with pp.. I suck at making consistent homemade fondant, and I have tried all the recipes. I just find that my time an effort is well worth the expense of the pre made fondant, so i use Virgin Ice fondant, which is priced at $15.99 for 4 lbs, ( Canadian funds ).
I like commercials fondants. They're consistent, come pre-colored and I think SatinIce tastes lovely. Especially the buttercream flavor!
I don't like the taste of any of them, so I'm no help there. I have only used Wilton fondant and am pleased with how it works. But maybe that's just because I don't know what else is out there. I like the price too: $19 for $5 lbs, but I always get it 40% off with a coupon, so I pay under $12!
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