A fixture (12) for forming decorative loops of fondant and gum paste has a support base (14) and two support members (16, 18). The support members (12) are pivotally mounted to opposite, longitudinally disposed ends of the support base (12) for moving from extending horizontally in storage positions to extending vertically in production positions, spaced apart in opposed relation. Apertures (26, 28) extend transversely through the support members (16, 18) and are aligned in registration for receiving forming rods (34, 36) and holding the Forming rods (36, 38) in stationary positions, spaced apart along lengths of the support members (16, 18). In a storage configuration, the support members (16, 18) are folded into horizontally disposed storage positions atop an upper surface of the support base (12), and the forming rods (36, 38) are secured in rod retaining clips (42, 44) mounted to the upper side of the support base (14).