Market Size of Sour Cream Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 2.54 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Europe |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Sour Cream Market Analysis
The global sour cream market is expected to register a CAGR of 2.54% during the forecast period.
- Sour cream contains beneficial bacteria, which support digestive health, thus, boosting its demand. Increased demand for low-fat sour cream, convenient packaging format, consumption of toppings, and organic sour cream has fueled the sour cream market's growth worldwide. The consumer demand for convenient and healthy on-the-go snack options is the primary attribute for selling dairy products like sour cream worldwide.
- Consumers increasingly demand various flavors in sour creams, such as spicy, roasted, and exotic combinations. Heluva Good! offers sour cream beer-battered onion ring dip, 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 consumers' preferred flavors as they combine perfectly with salty snacks.
- Dairy-based products like sour cream are naturally high in calcium content and are perceived as a healthy snacking option. These products' health benefits with probiotic properties, especially their ability to improve digestion and the immune system, have attracted consumers worldwide. Health and wellness trends have led to the inclination of consumers toward low-fat, lactose-free, and calcium-rich variants of sour cream products.