Sour Cream Market - Growth, Trends, and Forecasts (2020-2025)

The Sour Cream Market is segmented by Type into Organic Sour Cream and Conventional Sour Cream; Distribution Channel into Supermarkets/ Hypermarkets, Convenience Stores, Online Retail Stores, and Other Distribution Channels; and Geography.

Market Snapshot

Global Sour Cream Market
Study Period: 2016-2025
Base Year: 2019
Fastest Growing Market: Asia Pacific
Largest Market: Europe
CAGR: 2.4 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The sour cream market is forecast to register a CAGR of 2.4% during the forecast period 2020-2025.

  • Sour cream contains beneficial bacteria, which supports digestive health, thus, rising in demand. Increased demand for low-fat sour cream, convenient packaging format, consumption of toppings, organic whipped cream, and low-fat cream has fueled the sour cream market growth across the world.
  • Consumers are increasingly demanding various flavors, such as spicy, roasted, and exotic combinations, in sour cream. Heluva Good! launched sour cream Beer-Battered Onion Ring dip, which is made with fried sweet yellow onions, lager, and sour cream. Sour cream is mostly consumed with snacks as a dip, topping, or mixed with other ingredients to use as a spread. Savory and spice are the most preferred flavor by consumers as it combines perfectly with salty snacks.

Scope of the report

There are majorly two different types of sour cream studied into this report, which include organic and conventional sour cream. The distribution channels adopted the manufactures to distribute their product offerings to a wide consumer base includes supermarkets/ hypermarkets, convenience stores, online retail stores, and other distribution channels. The market is studied thoroughly for different countries under respective regions across the world.

By Type
Organic Sour Cream
Convetional Sour Cream
By Distribution Channel
Supermarkets/ Hypermarkets
Convenince Stores
Online Retail Stores
Others
By Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
France
Germany
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Others
Middle East and Africa
South Africa
United Arab Emirates
Rest of Middle East and Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Growing Demand For Lactose Free Sour Cream

The prevalence of lactose, majorly in North American and European countries, have created a burgeoning demand for lactose-free sour cream. The demand for lactose-free organic sour cream is primarily driven by increasing consumption of baked products, savory products as it provides lightening properties to these products. The increased launch of lactose-free dairy products and its acceptance among the consumers represents a substantial opportunity for dairy alternative manufacturers. Also, the growing cholesterol problem among consumers has paved the demand for fat-free, low fat and other sour cream products. Thus, such products are expected to boost the market for sour cream during the forecast period.

Global Sour Cream Market

To understand key trends, Download Sample Report

Europe Holds A Significant Market Share

Growing incidences of lactose intolerance and the availability of dairy alternatives has driven the European dairy alternative market and continues to do so. For the consumers having concerns regarding lactose intolerance, the manufactures in the region are even introducing lactose-free sour creams, which is expected to drive the market growth in the coming years. For instance, companies, like Follow Your Heart are formulating sour cream, which is thick and creamy and is claimed to taste like the old cream, which is extremely preferred by the consumers recently. In the European region, sour cream is comparably popular to the yogurt category and is well-positioned in the European market as wonderfully fermented products. Also, it is being widely used as an ingredient in cakes, cookies, biscuits, donuts, and scones. Speeding upmarket of dairy alternatives in the European region has shifted the consumer preference and industrial applications incorporate dairy-free sour cream.

Sour Cream Market

To understand geography trends, Download Sample Report

Competitive Landscape

The market studied is a competitive market with the existence of both local as well as global players. New product launches in various formats, such as dip, exotic flavored sour cream, and new convenient packaging are the key strategy adopted by the companies. Private label brands provide tough competition to the existing players with their flavored product offerings. The prime factors determining the market players and their position in the concerned market are the continuous launch of new products with various claims, such as low fat, lactose-free, and high quality. Companies are considerably active in investing in the target segments. Thus, the key players are embarking on expansion as one of their key strategies to achieve consolidation, optimize their offerings, and increase consumer base.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Organic Sour Cream

      2. 5.1.2 Convetional Sour Cream

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarkets/ Hypermarkets

      2. 5.2.2 Convenince Stores

      3. 5.2.3 Online Retail Stores

      4. 5.2.4 Others

    3. 5.3 By Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Spain

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Germany

        5. 5.3.2.5 Russia

        6. 5.3.2.6 Italy

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Others

      5. 5.3.5 Middle East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 United Arab Emirates

        3. 5.3.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Share Analysis

    2. 6.2 Strategies Adopted by Players

    3. 6.3 Most Active Companies

    4. 6.4 Company Profiles

      1. 6.4.1 Kraft Heinz Company

      2. 6.4.2 Dean Foods

      3. 6.4.3 Fonterra Co-operative Group Limited

      4. 6.4.4 Green Valley Creamery

      5. 6.4.5 Organic Valley

      6. 6.4.6 HP HOOD

      7. 6.4.7 Prairie Farms Dairy

      8. 6.4.8 Daisy Brand LLC

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Global Sour Cream Market market is studied from 2016 - 2025.

The Global Sour Cream Market is growing at a CAGR of 2.4% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Europe holds highest share in 2019.

Kraft Heinz Company, Dean Foods, Fonterra Co-operative Group Limited, Daisy Brand LLC, Organic Valley are the major companies operating in Global Sour Cream Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!