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Whipping Cream Market - Growth, Trends, and Forecasts (2023-2028)

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  • 150 Pages
  • April 2023
  • Region: Global
  • Mordor Intelligence
  • ID: 4534368
UP TO OFF until Dec 31st 2023

Quick Summary:

In the evolving global culinary landscape, the demand for whipping cream is on an upward trajectory. This demand surge is primarily due to its growing application in bakery, pastry, and various other culinary products, enhancing the overall taste, texture, and aesthetic appeal. Moreover, whipping cream is progressively gaining popularity for its versatile usage in a gamut of globally favored dishes, including soups, meats, ready-to-cook meals, desserts, and homemade culinary delights.

The shifting trend towards natural and organic food consumption is also driving the demand for whipping cream. With consumers increasingly avoiding foods with chemical additives, the market for organically sourced whipping cream is expected to witness significant growth. This trend not only provides an upsurge in consumer demand but also presents new, lucrative opportunities for manufacturers to expand their organic product lines in the future.

The growth of non-dairy-based whipping cream is noteworthy, providing a healthier and cost-effective choice to consumers, and in turn, invigorating the market. Furthermore, demand for online purchase channels, due to their convenience and wide product variety, is complementing the market expansion.

The success of the whipping cream market in North America is a testament to the global demand and growth potential of this sector. The region demonstrates an increasing preference for bakery and confectionery products that incorporate whipping cream, with trends favoring lactose and cholesterol-free products and sustainable emulsifiers. Such factors underline the broad possibilities that lie ahead for the whipping cream market globally.

With the situation ripe for business expansion, this market research report is a critical tool for guiding strategic decision-making, providing a comprehensive analysis of market trends, growth driving factors, opportunities, and competitor insights.

Over the next five years, the global whipping cream market is expected to grow at a CAGR of 4.21 percent.

The demand for whipping cream is rising due to the rising demand for bakery and pastry products that offer a fluffier, softer, and creamier texture. The demand for soup, meat, ready-to-cook dishes, desserts, ice cream, and other at-home prepared foods is adding to the demand for whipping cream at the global level. Also, people are eating more puddings, cheesecakes, waffles, milkshakes, and other foods that use whipping cream.

As whipping cream enhances the taste and appearance of the dish, it is becoming a popular ingredient in bakery and confectionery products. Also, the rising health consciousness among consumers is fueling demand for natural and organic products, as consumers are trying to avoid the intake of food products containing chemical components. This is further creating opportunities for manufacturers to launch organic products to enhance their revenue share in the market. So, the above factors are likely to keep up the demand for whipping cream around the world over the next few years.

Whipping Cream Market Trends

Non-dairy based Whipping Cream Fueling Market Demand

Non Dairy-based whipping creams are becoming more popular due to a variety of advantages such as lower costs, lower fat content, and other superior stability.Prominent market players are launching low-calorie, low-fat, and plant-based whipped creams and expanding their product offerings to lure consumers and enhance their reach.

Furthermore, the rising demand for desserts such as cakes, mousses, ice creams, etc. is fueling the market demand for whipping cream across the globe. Consumers are making use of online retail channels for the purchase of products due to the convenience they offer, and it makes it easier for them to choose their preferred brands from a vast variety of whipping cream products. Thus, online and e-commerce stores have been gradually increasing their market share, in terms of revenue and popularity among consumers, in the global whipping cream market.

The growth opportunity for the sale of whipping cream through online channels has forced online vendors to improve their purchase processes in terms of security and reliability, which, in turn, has propelled the demand for these products. Moreover, vendors are adopting online retail strategies to reduce costs and increase their margins, which may benefit the market during the forecast period. These factors are thus supporting market demand and growth in the global whipping cream market in the coming years.

North America Dominating the Market Growth

North America dominates the demand for whipping cream due to the rising demand for bakery and confectionery products such as pancakes, desserts, etc. across the region. The whipping cream market is also witnessing a health trend, wherein the demand for lactose- and cholesterol-free products, along with the use of sustainable emulsifiers, is rising across the countries in North America.

Manufacturers in the market are continuously opting for product innovation by launching new products in the market and even going for packaging-level modifications to enhance their consumer base and gain an edge over other competitors in the market. Market players are launching products in tandem with consumer tastes and preferences and giving priority to the launch of sugar-free products. Therefore, such factors are anticipated to support market demand for whipping cream in North America.

Whipping Cream Market Competitor Analysis

The global whipping cream market witnesses high competition among the players in the market, owing to the presence of both global and local players. Some of the companies operating in this market are ConAgra Brands, Nestle SA, Fonterra Co-operative Group Limited, etc. Prominent market players are expanding their facilities and product portfolios due to the growing demand for pastries, cakes, and other desserts across global regions.

Additional benefits of purchasing the report:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

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Table of Contents

1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5.1 By Type
5.1.1 Dairy-based
5.1.2 Non-Dairy-based
5.2 By Distribution Channel
5.2.1 Supermarkets/Hypermarkets
5.2.2 Convenience Stores
5.2.3 Specialist Retailer
5.2.4 Online Stores
5.2.5 Other Distribution Channels
5.3 By Geography
5.3.1 North America United States Canada Mexico Rest of North America
5.3.2 Europe United Kingdom Germany Spain France Italy Russia Rest of Europe
5.3.3 Asia-Pacific China Japan India Australia Rest of Asia-Pacific
5.3.4 South America Brazil Argentina Rest of South America
5.3.5 Middle East & Africa United Arab Emirates South Africa Rest of Middle East & Africa
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Conagra Brands Inc.
6.3.2 The Tatua Co-operative Dairy Company Limited
6.3.3 Fonterra Co-operative Group
6.3.4 Arla Foods AMBA
6.3.5 Land O'Lakes, Inc.
6.3.6 Nestle SA
6.3.7 Dean Foods
6.3.8 Gay Lea Foods Co-operative Ltd
6.3.9 Califia Farms, LLC
6.3.10 FrieslandCampina

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Conagra Brands Inc.
  • The Tatua Co-operative Dairy Company Limited
  • Fonterra Co-operative Group
  • Arla Foods AMBA
  • Land O'Lakes, Inc.
  • Nestle SA
  • Dean Foods
  • Gay Lea Foods Co-operative Ltd
  • Califia Farms, LLC
  • FrieslandCampina