Whipping Cream Market Share, Industry Size, Trends, Demand, and Forecast 2024-2032
The latest report by IMARC Group, titled “Whipping Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the whipping cream market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global whipping cream market size reached US$ 3.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.2 Billion by 2032, exhibiting a growth rate (CAGR) of 2.4% during 2024-2032.
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Whipping Cream Market Overview:
Whipping cream, also known as heavy cream or double cream, is a dairy product commonly used in cooking and baking. It is the high-fat portion of milk that rises to the top when milk is allowed to sit. It is widely used as a topping for desserts, adding a luxurious touch to pies, cakes, and fruit dishes. Whipping cream can also be whipped to incorporate air, creating a light and fluffy texture ideal for decorating desserts or adding richness to sauces and soups. Due to its high-fat content, whipping cream can be whipped into stiff peaks, making it versatile for a variety of culinary applications. It adds depth and richness to both sweet and savory dishes, making it a staple ingredient in many kitchens around the world.
Whipping Cream Market Trends:
The global market is majorly driven by changing consumer preferences and lifestyles. Whipping cream, with its versatility and ease of use, has become a staple in many households, driving market growth. Additionally, the rise in the popularity of baking and cooking shows, as well as social media platforms dedicated to food, has fueled interest in gourmet cooking and baking, where whipping cream is often a key ingredient. Moreover, the growing trend towards premiumization in the food and beverage industry has led consumers to seek out high-quality, indulgent products, further propelling the demand for premium whipping cream variants.
Furthermore, the increasing awareness of health and wellness among consumers has led to a shift towards natural and organic products. As a result, there is a rising demand for organic whipping cream as consumers seek healthier alternatives without compromising on taste or quality. Moreover, the food service industry, including bakeries, cafes, and restaurants, is a significant driver of the whipping cream market, as these establishments use large quantities of whipping cream in a variety of dishes and desserts.
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Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players operating in the market.
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.
Whipping Cream Market Segmentation:
Our report has categorized the market based on region, product, application and distribution channel.
Breakup by Product:
Dairy
Light Whipping Cream
Heavy Whipping Cream
Others
Non-Dairy
Breakup by Application:
B2B
B2C
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Convenience Stores
Specialist Retailer
Online Stores
Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, Others)
Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
Middle East and Africa (Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)
Key Highlights of the Report:
Market Performance (2018-2023)
Market Outlook (2024-2032)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
About US:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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