NEW
YORK, July 19, 2024 /PRNewswire/ -- The global
whipping cream market size is estimated to grow by
USD 1.77 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of over 5.42% during the forecast
period. Increasing number of cafes is driving
market growth, with a trend towards rising demand for
organic whipping cream. However, rising levels of lactose
intolerance poses a challenge. Key market players include
Agropur Dairy Cooperative, Arla Foods amba, Bakels Worldwide,
Borden Dairy Company, Cabot Creamery, Califia Farms LLC, Conagra
Brands Inc., Dairy Farmers of America Inc., DMK Deutsches
Milchkontor GmbH, Gay Lea Foods Co operative Ltd., Granarolo
S.P.A., Gujarat Cooperative Milk Marketing Federation Ltd., Hanan
Products Co. Inc., Land O lakes Inc., Natures Charm, Palsgaard AS,
Rich Products Corp., Royal FrieslandCampina NV, Tatua Co operative
Dairy Co. Ltd., and The Kraft Heinz Co..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Distribution Channel
(Offline and Online), Product (Dairy-based and Non-dairy-based),
and Geography (North America, Europe, APAC, South America, and
Middle East and Africa)
|
Region
Covered
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Key companies
profiled
|
Agropur Dairy
Cooperative, Arla Foods amba, Bakels Worldwide, Borden Dairy
Company, Cabot Creamery, Califia Farms LLC, Conagra Brands Inc.,
Dairy Farmers of America Inc., DMK Deutsches Milchkontor GmbH, Gay
Lea Foods Co operative Ltd., Granarolo S.P.A., Gujarat Cooperative
Milk Marketing Federation Ltd., Hanan Products Co. Inc., Land O
lakes Inc., Natures Charm, Palsgaard AS, Rich Products Corp., Royal
FrieslandCampina NV, Tatua Co operative Dairy Co. Ltd., and The
Kraft Heinz Co.
|
Key Market Trends Fueling Growth
The global whipping cream market is anticipated to expand due to
the increasing consumer preference for natural and organic options,
such as organic whipping cream. Consumers are shifting towards
organically produced products to reduce their intake of chemically
treated food. Manufacturers are responding to this trend by
focusing on producing organic whipping cream using organic
fertilizers and pesticides. The health benefits associated with
organic products are driving demand, particularly in developed
countries like the US, Italy,
France, and Germany. As a result, the number of
private-label brands offering organic whipping cream is rising,
contributing to market growth.
The whipping cream market experiences significant demand due to
its usage in various industries. Milkshakes, pastries, and puddings
are popular applications. Production processes involve churning and
separating the cream from milk. Organsizes produce and supply these
products, ensuring high quality and consistency. Producers use
modern technology such as sugar-in-cream and stabilizers for
improved texture. Sales have been steady, with a rise in demand for
organic and sugar-free options. The market is competitive, with
suppliers focusing on cost-effective production and innovative
marketing strategies. Consumers prefer brands that offer long shelf
life and superior taste. Overall, the whipping cream market is
thriving, driven by consumer preferences and industry
trends.
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Market Challenges
- The global lactose-free whipping cream market faces challenges
due to the limited demand from consumers with lactose intolerance.
Lactose intolerance, an inability to digest lactose, affects a
significant portion of the population, particularly in East Asian
countries and those with food allergies. However, the market growth
is hindered by the presence of lactose-free options from vendors
like Lactalis International. Despite this, the increasing number of
self-diagnosed cases in the US and Europe drives sales, making it a growing
market.
- The whipping cream market faces several challenges in
production and consumption. Choices of ingredients and processes
impact the final product's consistency and taste. For instance,
temperature control during manufacturing is crucial to prevent fat
separation. Additionally, the use of stabilizers and emulsifiers
can affect the product's nutritional value and consumer acceptance.
Furthermore, consumer preferences for organic and natural
ingredients add complexity to the market. Competition from
substitutes like heavy cream and plant-based alternatives also
poses a threat. Lastly, logistics and distribution challenges can
impact the freshness and quality of the product upon delivery.
Addressing these challenges requires continuous innovation and
adaptation to consumer demands and market trends.
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challenges - Download a Sample Report
Segment Overview
This whipping cream market report extensively covers market
segmentation by
- Distribution Channel
- Product
- 2.1 Dairy-based
- 2.2 Non-dairy-based
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Offline- The Whipping Cream market experiences
consistent demand due to its versatility in various applications.
Bakeries and food industries are significant consumers, utilizing
it for frosting, baking, and topping dishes. Households also
frequently purchase whipping cream for homemade desserts and
recipes. Its affordability and accessibility make it a popular
choice for consumers. The market's growth can be attributed to
increasing consumer preference for premium dairy products and the
expanding food industry.
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geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Learn and explore more about Technavio's in-depth research
reports
The global gourmet ice cream market is experiencing robust
growth driven by rising consumer demand for premium, artisanal
products. Key trends include the use of natural and organic
ingredients, innovative flavors, and health-conscious options.
Major players are expanding their offerings and distribution
channels to capture a broader audience. Increasing disposable
incomes and a growing penchant for luxury food items in emerging
markets further fuel market expansion. As consumers seek unique and
high-quality dessert experiences, the gourmet ice cream market is
poised for continued success.
Research Analysis
The whipping cream market caters to the demand for high-quality,
ready-made dairy products used in various desserts, coffee, cakes,
pastries, and other dishes. These include sweet and savory dishes,
such as soups, sauces, and spicy dishes, as well as non-dairy
options for those with dietary restrictions. Whipping cream adds
desirable texture to these dishes, enhancing their overall appeal.
It is also used in the preparation of ice cream, puddings,
cheesecakes, waffles, milkshakes, and other dairy-based desserts.
Despite its saturated fat content, whipping cream remains a popular
choice due to its ability to create rich and creamy textures in a
wide range of dishes.
Market Research Overview
The Whipping Cream Market encompasses a range of dairy products
known for their high fat content and ability to create stable foam
when whipped. These products are essential in various culinary
applications, including baking and desserts. The market consists of
various types of whipping cream, such as heavy whipping cream,
light whipping cream, and whipped topping. The demand for these
products is driven by the growing popularity of baked goods and
desserts, particularly in the foodservice and retail sectors.
Additionally, the increasing trend towards home cooking and baking
has led to an uptick in demand for whipping cream. The market is
also influenced by factors such as consumer preferences for organic
and lactose-free options, as well as advancements in packaging
technology to extend shelf life.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Distribution Channel
-
- Product
-
- Dairy-based
- Non-dairy-based
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
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and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio