Market Size of Dairy Cream Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 15.43 Billion |
| Market Size (2029) | USD 18.45 Billion |
| CAGR (2024 - 2029) | 3.64 % |
| Fastest Growing Market | Middle East and Africa |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Dairy Cream Market Analysis
The Dairy Cream Market size is estimated at USD 15.43 billion in 2024, and is expected to reach USD 18.45 billion by 2029, growing at a CAGR of 3.64% during the forecast period (2024-2029).
Consumers are willing to opt for low-calorie cream cheese with cleaner ingredients or no artificial ingredients for flavoring and coloring, as well as higher protein content and an improved nutritional profile. Since it is ideal for keto dishes owing to its nutritional value and also used to enhance the taste and preference of the consumers.
Increased government-run health and wellness campaigns aimed at combating obesity and other health-related problems such as diabetes, high blood pressure, heart disease, and high cholesterol are encouraging consumers to buy healthier products like low-fat dairy creams. Companies entering this market are expected to have a high potential due to consumers' preference for functional/organic products. For example, Schulz organic dairy provides pure dairy cream, which is increasingly popular among Australian consumers.
Manufacturers engaged in the business of dairy cream emphasize new product development with a complete solution from which they satisfy several types of cooking requirements like restaurants, hotels, and homes. The nutrition aspect of the product appears to be the primary focus of the producers by offering pasteurized milk and cream, especially low-fat cream. Increasing health awareness among consumers has led to the demand for low-fat dairy creams in the global market.
However, increasing penetration from manufacturers towards plant-based cream products can hinder the potential market for dairy cream over the forecast period. For instance, In February 2023, Alamance Foods launched three distinct flavors of dairy-free substitutes for whipped cream such as oat, almond, and coconut.
