Whipping Cream

Whipping Cream

Global Whipping Cream Market to Reach US$12.4 Billion by 2030

The global market for Whipping Cream estimated at US$8.3 Billion in the year 2023, is expected to reach US$12.4 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2023-2030. Dairy-Based Whipping Cream, one of the segments analyzed in the report, is expected to record a 5.8% CAGR and reach US$7.4 Billion by the end of the analysis period. Growth in the Non-Dairy Based Whipping Cream segment is estimated at 6.1% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.2 Billion While China is Forecast to Grow at 10.1% CAGR

The Whipping Cream market in the U.S. is estimated at US$2.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.0 Billion by the year 2030 trailing a CAGR of 10.1% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.3% and 5.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Global Whipping Cream Market - Key Trends & Drivers Summarized

Why Is Whipping Cream Becoming a Staple in Culinary Applications?

Whipping cream has become an essential ingredient in both professional kitchens and home cooking, thanks to its versatility, rich texture, and ability to add flavor and volume to various dishes. It is widely used in baking, confectionery, desserts, sauces, and beverages to enhance taste, texture, and presentation. The rising popularity of Western-style desserts and bakery products, coupled with the growing trend of home baking and gourmet cooking, is driving the demand for high-quality whipping cream. Additionally, the expansion of the foodservice industry, including cafes, restaurants, and patisseries, is further boosting the use of whipping cream in a variety of culinary applications.

What Innovations Are Shaping the Future of Whipping Cream Products?

Technological advancements in dairy processing, packaging, and formulation are significantly shaping the future of whipping cream products. The development of UHT (ultra-high-temperature) processed whipping creams with extended shelf life and stability is gaining popularity among both consumers and foodservice providers. Innovations in aerosol and ready-to-whip formats are catering to the demand for convenience and ease of use in fast-paced kitchens and households. Additionally, the growing trend towards plant-based and vegan diets is driving the introduction of non-dairy whipping cream alternatives made from ingredients like soy, coconut, and almonds. These innovations are expanding the range of whipping cream products available in the market, catering to diverse dietary preferences and requirements.

What Are the Challenges and Opportunities in the Whipping Cream Market?

The whipping cream market faces several challenges, including fluctuating prices of raw milk, concerns over fat content and health implications, and the need for cold storage and transportation. Additionally, the growing competition from non-dairy alternatives and the increasing preference for low-fat and healthier options can impact market dynamics. However, these challenges also present opportunities for growth and differentiation. The development of low-fat and sugar-free whipping creams that cater to health-conscious consumers is gaining traction. The rising trend of artisanal and premium bakery products is driving demand for high-quality and specialty whipping creams that offer superior taste, texture, and stability. Moreover, the expansion of e-commerce platforms and online food delivery services is creating new growth opportunities for whipping cream manufacturers to reach a wider consumer base.

What Is Driving the Growth of the Whipping Cream Market?

The growth in the Whipping Cream market is driven by several factors, including the increasing demand for bakery and confectionery products, the growing trend of home baking and gourmet cooking, and technological advancements in dairy processing and packaging. The need for high-quality whipping creams that offer superior texture, stability, and flavor is significantly boosting market demand in both residential and foodservice applications. Technological innovations such as UHT processing, aerosol formats, and plant-based alternatives are expanding the range and appeal of whipping cream products, making them more attractive to diverse consumer segments. The expansion of the foodservice industry, coupled with the rising popularity of premium desserts and beverages, is also driving market growth as culinary professionals and consumers seek versatile and high-performing whipping cream solutions.

Select Competitors (Total 87 Featured) -

• Alamance Foods, Inc.
• Asiatic Agro Industry Company Limited
• Clemson Distribution
• Clofine Dairy & Food Products, Inc.
• Clover Stornetta Farms, Inc.
• Conagra Brands, Inc.
• Deca & Otto
• Dr. Oetker Canada Limited
• Fonterra Co-operative Group Ltd.
• FUJI OIL HOLDINGS Inc.

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