Ultra Pasteurized Cream Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Ultra Pasteurized Cream Market
The ultra pasteurized cream market size was valued at USD 7.66 billion in 2020, and the market is now projected to grow from USD 7.82 billion in 2021 to USD 10.40 billion by 2028, exhibiting a CAGR of 4.15% during the forecast period of 2020-2028.
Government has put restrictions on social gatherings, events and moving out from home which make the people homesick. Numerous companies are encountering hurdles due to covid pandemic as the outbreak situation has curtailed production and supply chain which has hindered the market switched to treating covid patients as priority over the other procedures which led the ultra pasteurized cream market growth. Additionally, manpower shortages affected manufacturing plants and slowed production due to movement restrictions and lockdowns in several regions. The pandemic has also had a negative impact on facial recognition door lock manufacturing and production facilities. The disruption in the supply chain and the decreased availability of labor, staff, and resources are the causes of this. The market is expected to grow slowly. Due to COVID-19, the hotel, restaurant, and cafe (HORECA) have been closed. The food and beverage processing business has been negatively impacted by the COVID-19 pandemic. Certain products' consumption patterns have been adversely impacted by the socioeconomic climate. The main uses of the cream industry are in food service establishments, ceremonies, and events. However, several eateries were forced to close as a result of only permitting necessary events. However, subject to the HORECA segment returning to its regular operations, the product demand will gradually revert to its historical estimations as lockdown requirements are gradually relaxed.
Growing need for dairy products that can be stored on the shelf fueling market expansion during forecast period. Consumer awareness of the microbial deterioration of dairy products has grown in recent years. Consumers are prepared to pay more for milk products that are less prone to spoiling. Dairy products' shelf life is extended by ultra-heat pasteurization, which guarantees that the full pathogenic burden is eliminated. The main drivers propelling the ultra pasteurized cream market growth are its extended shelf life and minimal danger of spoiling. The market is expanding due to the rising demand for shelf-stable dairy creams in the bakery and foodservice industries.
Growing demand for dairy products made from plants to support market dynamics during forecast period. As producers continue to include plant-based and low-calorie dairy ingredients in their goods, they are becoming more and more popular. Due of the association between gut health and enhanced immunity, the pandemic also prompted consumers to look for healthier meals. As younger customers seek out delicious yet ""ethical"" dairy substitutes that are safe for the environment and animals, market expectations have shifted beyond lactose intolerance and dairy allergy. In order to take advantage of this trend, which is anticipated to open up prospects for the worldwide market, UHT cream manufacturers like Fonterra are attempting to expand the food's reputation by adding plant-based, healthful options to their product line.
Comprehensive Analysis of Ultra Pasteurized Cream Market
The ultra pasteurized cream market and food & beverages industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the pharmacy benefit management industry. These segmentations are methodically segregated by source and by type. The Source segmentations include Dairy and Non-dairy, By Type segmentations include Fresh Cream, Whipping Cream, Sour Cream, Others.
The Europe region lead the ultra pasteurized cream market by benefitting a market size of USD 2.40 billion in 2020 due to growing need for dairy products that can be stored on the shelf and growing demand for dairy products made from plants.
The top players in the market play a crucial role in the food & beverages industry assuring industrial prospectus growth and setting market standards. These players include, Land O’ Lakes, Inc. (Minnesota, U.S.), Meijer Companies, Ltd. (Michigan, U.S.), Rockview Family Farms (California, U.S.), The Kroger Co. (Ohio, U.S.), Danone S.A. (Saint-Denis, France), Dairy Farmers of America (Kansas, U.S.), Elle & Vire (Connecticut, U.S.), Fonterra Co-operative Group Limited (Auckland, New Zealand), The California Milk Advisory Board (California, U.S.), Safeway Inc. (California, U.S.) these market players provide a level-playing competitive landscape.
In August 2021, Yili Pro UHT Whipping Cream has been introduced in China by Westland Co-operative Dairy Co Ltd, a New Zealand-based business that is a part of Yili Group, the biggest dairy firm in China. This cream, which has a consistency appropriate for Chinese bakers, was made from grass-fed milk.
Segmentation Table
ATTRIBUTE DETAILS
Study Period2017-2028
Base Year2020
Estimated Year 2021
Forecast Period2021-2028
Historical Period2017-2019
UnitValue (USD Billion)
SegmentationBy Source
Dairy
Non-dairy
By Type
Fresh Cream
Whipping Cream
Sour Cream
Others
By Application
Commercial
Household
By Region
North America (By Source, Type, Application, and Country)
U.S. (By Source)
Canada (By Source)
Mexico (By Source)
Europe (By Source, Type, Application, and Country)
Germany (By Source)
France (By Source)
Italy (By Source)
U.K. (By Source)
Spain (By Source)
Rest of Europe (By Source)
Asia Pacific (By Source, Type, Application, and Country)
China (By Source)
India (By Source)
Japan (By Source)
Australia (By Source)
Rest of Asia Pacific (By Source)
South America (By Source, Type, Application, and Country)
Brazil (By Source)
Argentina (By Source)
Rest of South America (By Source)
Middle East and Africa (By Source, Type, Application, and Country)
South Africa (By Source)
UAE (By Source)
Rest of ME&A (By Source)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Overview on the Parent Market
- 4.2. Supply Chain Analysis
- 4.3. Industry SWOT Analysis
- 4.4. Recent Industry Developments - Policies, Mergers & Acquisitions, and New Product Launches
- 4.5. Market Analysis and Insights (in Relation with COVID-19)
- 4.5.1. Impact of COVID-19 on the Market
- 4.5.2. Supply Chain Challenges due to the Pandemic
- 4.5.3. Potential Opportunities Due to COVID-19
- 5. Global Ultra pasteurized Cream Market Analysis, Insights and Forecast, 2017-2028
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Source (Value)
- 5.2.1.1. Dairy
- 5.2.1.2. Non-dairy
- 5.2.2. By Type (Value)
- 5.2.2.1. Fresh Cream
- 5.2.2.2. Whipping Cream
- 5.2.2.3. Sour Cream
- 5.2.2.4. Others
- 5.2.3. By Application (Value)
- 5.2.3.1. Commercial
- 5.2.3.2. Household
- 5.2.4. By Region (Value)
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. Asia Pacific
- 5.2.4.4. South America
- 5.2.4.5. Middle East & Africa
- 6. North America Ultra pasteurized Cream Market Analysis, Insights and Forecast, 2017-2028
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Source (Value)
- 6.2.1.1. Dairy
- 6.2.1.2. Non-dairy
- 6.2.2. By Type (Value)
- 6.2.2.1. Fresh Cream
- 6.2.2.2. Whipping Cream
- 6.2.2.3. Sour Cream
- 6.2.2.4. Others
- 6.2.3. By Application (Value)
- 6.2.3.1. Commercial
- 6.2.3.2. Household
- 6.2.4. By Country (Value)
- 6.2.4.1. The U.S.
- 6.2.4.1.1. By Source (Value)
- 6.2.4.1.1.1. Dairy
- 6.2.4.1.1.2. Non-dairy
- 6.2.4.2. Canada
- 6.2.4.2.1. By Source (Value)
- 6.2.4.2.1.1. Dairy
- 6.2.4.2.1.2. Non-dairy
- 6.2.4.3. Mexico
- 6.2.4.3.1. By Source (Value)
- 6.2.4.3.1.1. Dairy
- 6.2.4.3.1.2. Non-dairy
- 7. Europe Ultra pasteurized Cream Market Analysis, Insights and Forecast, 2017-2028
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Source (Value)
- 7.2.1.1. Dairy
- 7.2.1.2. Non-dairy
- 7.2.2. By Type (Value)
- 7.2.2.1. Fresh Cream
- 7.2.2.2. Whipping Cream
- 7.2.2.3. Sour Cream
- 7.2.2.4. Others
- 7.2.3. By Application (Value)
- 7.2.3.1. Commercial
- 7.2.3.2. Household
- 7.2.4. By Country (Value)
- 7.2.4.1. Germany
- 7.2.4.1.1. By Source (Value)
- 7.2.4.1.1.1. Dairy
- 7.2.4.1.1.2. Non-dairy
- 7.2.4.2. France
- 7.2.4.2.1. By Source (Value)
- 7.2.4.2.1.1. Dairy
- 7.2.4.2.1.2. Non-dairy
- 7.2.4.3. Italy
- 7.2.4.3.1. By Source (Value)
- 7.2.4.3.1.1. Dairy
- 7.2.4.3.1.2. Non-dairy
- 7.2.4.4. U.K.
- 7.2.4.4.1. By Source (Value)
- 7.2.4.4.1.1. Dairy
- 7.2.4.4.1.2. Non-dairy
- 7.2.4.5. Spain
- 7.2.4.5.1. By Source (Value)
- 7.2.4.5.1.1. Dairy
- 7.2.4.5.1.2. Non-dairy
- 7.2.4.6. Rest of Europe
- 7.2.4.6.1. By Source (Value)
- 7.2.4.6.1.1. Dairy
- 7.2.4.6.1.2. Non-dairy
- 8. Asia Pacific Ultra pasteurized Cream Market Analysis, Insights and Forecast, 2017-2028
- 8.1. Key Findings / Summary
- 8.1.1. By Source (Value)
- 8.1.1.1. Dairy
- 8.1.1.2. Non-dairy
- 8.1.2. By Type (Value)
- 8.1.2.1. Fresh Cream
- 8.1.2.2. Whipping Cream
- 8.1.2.3. Sour Cream
- 8.1.2.4. Others
- 8.1.3. By Application (Value)
- 8.1.3.1. Commercial
- 8.1.3.2. Household
- 8.1.4. By Country (Value)
- 8.1.4.1. China
- 8.1.4.1.1. By Source (Value)
- 8.1.4.1.1.1. Dairy
- 8.1.4.1.1.2. Non-dairy
- 8.1.4.2. India
- 8.1.4.2.1. By Source (Value)
- 8.1.4.2.1.1. Dairy
- 8.1.4.2.1.2. Non-dairy
- 8.1.4.3. Japan
- 8.1.4.3.1. By Source (Value)
- 8.1.4.3.1.1. Dairy
- 8.1.4.3.1.2. Non-dairy
- 8.1.4.4. Australia
- 8.1.4.4.1. By Source (Value)
- 8.1.4.4.1.1. Dairy
- 8.1.4.4.1.2. Non-dairy
- 8.1.4.5. Rest of APAC
- 8.1.4.5.1. By Source (Value)
- 8.1.4.5.1.1. Dairy
- 8.1.4.5.1.2. Non-dairy
- 9. South America Ultra pasteurized Cream Market Analysis, Insights and Forecast, 2017-2028
- 9.1. Key Findings / Summary
- 9.1.1. By Source (Value)
- 9.1.1.1. Dairy
- 9.1.1.2. Non-dairy
- 9.1.2. By Type (Value)
- 9.1.2.1. Fresh Cream
- 9.1.2.2. Whipping Cream
- 9.1.2.3. Sour Cream
- 9.1.2.4. Others
- 9.1.3. By Application (Value)
- 9.1.3.1. Commercial
- 9.1.3.2. Household
- 9.1.4. By Country (Value)
- 9.1.4.1. Brazil
- 9.1.4.1.1. By Source (Value)
- 9.1.4.1.1.1. Dairy
- 9.1.4.1.1.2. Non-dairy
- 9.1.4.2. Argentina
- 9.1.4.2.1. By Source (Value)
- 9.1.4.2.1.1. Dairy
- 9.1.4.2.1.2. Non-dairy
- 9.1.4.3. Rest of South America
- 9.1.4.3.1. By Source (Value)
- 9.1.4.3.1.1. Dairy
- 9.1.4.3.1.2. Non-dairy
- 10. Middle East and Africa Ultra pasteurized Cream Market Analysis, Insights and Forecast, 2017-2028
- 10.1. Key Findings / Summary
- 10.1.1. By Source (Value)
- 10.1.1.1. Dairy
- 10.1.1.2. Non-dairy
- 10.1.2. By Type (Value)
- 10.1.2.1. Fresh Cream
- 10.1.2.2. Whipping Cream
- 10.1.2.3. Sour Cream
- 10.1.2.4. Others
- 10.1.3. By Application (Value)
- 10.1.3.1. Commercial
- 10.1.3.2. Household
- 10.1.4. By Country (Value)
- 10.1.4.1. South Africa
- 10.1.4.1.1. By Source (Value)
- 10.1.4.1.1.1. Dairy
- 10.1.4.1.1.2. Non-dairy
- 10.1.4.2. UAE
- 10.1.4.2.1. By Source (Value)
- 10.1.4.2.1.1. Dairy
- 10.1.4.2.1.2. Non-dairy
- 10.1.4.3. Rest of ME&A
- 10.1.4.3.1. By Source (Value)
- 10.1.4.3.1.1. Dairy
- 10.1.4.3.1.2. Non-dairy
- 11. Competitive Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Global Ultra pasteurized Cream Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2020
- 12. Company Profiles
- 12.1. Land O Lacks In.
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Source Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.2. Meijer Companies Ltd.
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Source Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.3. Rockview Family Farms
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Source Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.4. The Kroger Co.
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Source Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.5. Danone S.A.
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Source Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.6. Dairy Farms of America
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Source Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.7. Elle & Vire
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Source Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.8. Fonterra Co-operative Group Limited
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Source Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.9. The California Milk Advisory Board
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Source Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.10. Safeway Inc.
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Source Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 13. Strategic Recommendations
- 14. Appendix
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