In mixing bowl cream the buttery spread with a hand mixer or a stand mixer.
Add the powdered sugar slowly (no more than 1/3 cup at a time) and continue to mix until well combined.
Add the orange extract and food coloring, blend until well-mixed.
You should have peaks that hold their shape when you pull the beaters out of the icing. Adjust consistency if you want it more pliable, add a bit of buttery spread. For a stiffer frosting, add more powdered sugar.