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Global Whipping Cream Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 141 Pages
  • November 2023
  • Region: Global
  • IMARC Group
  • ID: 5911946
The global whipping cream market size reached US$ 3.3 Billion in 2022. Looking forward, the market is expected to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 2.82% during 2022-2028.

Whipping cream is a light and fluffy edible cream used as an ingredient in various baked food products. It is produced by whipping heavy cream using a hand mixer or electric whisk until sufficient air is incorporated into the liquid and the fat is evenly distributed to create foam. It is commonly available in dairy and non-dairy variants and in various flavors, such as plain, vanilla, coffee, chocolate, pineapple, strawberry and orange. Whipping cream is added as a topping or filling in pastries, pies, cakes, tarts, waffles and beverages to improve the texture and appearance of the dish. The cream is usually pasteurized to neutralize microorganisms and enzymes and fortified with various additives and sweeteners to enhance the flavor and shelf life of the product.

Whipping Cream Market Trends

Significant growth in the food and beverage industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing consumption of cupcakes, ice creams, sundaes, hot chocolate, milkshakes and puddings, especially among millennials, is providing a thrust to the market growth. In line with this, the advent of premium bakeries and confectionery boutiques offering customized and intricately designed cakes and pastries is also contributing to the growth of the market. Whipping cream is widely used as a decorative ingredient in various delicacies, themed desserts and signature confectioneries. Additionally, various product innovations, such as the launch of sugar-free, organic and vegan whipping creams in novel flavors, such as rose, cinnamon and mango, are favoring the growth of the market. Other factors, including the increasing expenditure capacities of the consumers, along with the convenient product availability through online retail channels, are anticipated to drive the market toward growth.

Key Market Segmentation

This research provides an analysis of the key trends in each sub-segment of the global whipping cream market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on product, application and distribution channel.

Breakup by Product:

  • Dairy
  • Light Whipping Cream
  • Heavy Whipping Cream
  • Non-Dairy

Breakup by Application:

  • B2B
  • B2C

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialist Retailer
  • Online Stores

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Latin America
  • Brazil
  • Mexico
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arla Foods amba, Borden Dairy Company, Cabot Creamery (Agri-Mark Inc), Conagra Brands, Fonterra Co-operative Group Limited, Gay Lea Foods Co-operative Ltd., GCMMF, Granarolo S.p.A, Gruenewald Manufacturing Company Inc., Hanan Products Co. Inc., Lactalis International and The Kraft Heinz Company.

Key Questions Answered in This Report:

  • How has the global whipping cream market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global whipping cream market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global whipping cream market and who are the key players?
  • What is the degree of competition in the industry?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Whipping Cream Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Dairy
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Light Whipping Cream
6.1.2.2 Heavy Whipping Cream
6.1.2.3 Others
6.1.3 Market Forecast
6.2 Non-Dairy
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 B2B
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 B2C
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Convenience Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Specialist Retailer
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Online Stores
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Arla Foods amba
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Borden Dairy Company
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Cabot Creamery (Agri-Mark Inc)
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Conagra Brands
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Fonterra Co-operative Group Limited
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Gay Lea Foods Co-operative Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 GCMMF
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Granarolo S.p.A
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Gruenewald Manufacturing Company Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Hanan Products Co. Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Lactalis International
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 The Kraft Heinz Company
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis

Companies Mentioned

  • Arla Foods amba
  • Borden Dairy Company
  • Cabot Creamery (Agri-Mark Inc)
  • Conagra Brands
  • Fonterra Co-operative Group Limited
  • Gay Lea Foods Co-operative Ltd.
  • GCMMF
  • Granarolo S.p.A
  • Gruenewald Manufacturing Company Inc.
  • Hanan Products Co. Inc.
  • Lactalis International
  • The Kraft Heinz Company

Methodology

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Table Information