Whipping Cream Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.21 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Whipping Cream Market Analysis
Over the next five years, the global whipping cream market is expected to grow at a CAGR of 4.21 percent.
The demand for whipping cream is rising due to the rising demand for bakery and pastry products that offer a fluffier, softer, and creamier texture. The demand for soup, meat, ready-to-cook dishes, desserts, ice cream, and other at-home prepared foods is adding to the demand for whipping cream at the global level. Also, people are eating more puddings, cheesecakes, waffles, milkshakes, and other foods that use whipping cream.
As whipping cream enhances the taste and appearance of the dish, it is becoming a popular ingredient in bakery and confectionery products. Also, the rising health consciousness among consumers is fueling demand for natural and organic products, as consumers are trying to avoid the intake of food products containing chemical components. This is further creating opportunities for manufacturers to launch organic products to enhance their revenue share in the market. So, the above factors are likely to keep up the demand for whipping cream around the world over the next few years.
Whipping Cream Market Trends
This section covers the major market trends shaping the Whipping Cream Market according to our research experts:
Non-dairy based Whipping Cream Fueling Market Demand
Non Dairy-based whipping creams are becoming more popular due to a variety of advantages such as lower costs, lower fat content, and other superior stability.Prominent market players are launching low-calorie, low-fat, and plant-based whipped creams and expanding their product offerings to lure consumers and enhance their reach.
Furthermore, the rising demand for desserts such as cakes, mousses, ice creams, etc. is fueling the market demand for whipping cream across the globe. Consumers are making use of online retail channels for the purchase of products due to the convenience they offer, and it makes it easier for them to choose their preferred brands from a vast variety of whipping cream products. Thus, online and e-commerce stores have been gradually increasing their market share, in terms of revenue and popularity among consumers, in the global whipping cream market.
The growth opportunity for the sale of whipping cream through online channels has forced online vendors to improve their purchase processes in terms of security and reliability, which, in turn, has propelled the demand for these products. Moreover, vendors are adopting online retail strategies to reduce costs and increase their margins, which may benefit the market during the forecast period. These factors are thus supporting market demand and growth in the global whipping cream market in the coming years.
North America Dominating the Market Growth
North America dominates the demand for whipping cream due to the rising demand for bakery and confectionery products such as pancakes, desserts, etc. across the region. The whipping cream market is also witnessing a health trend, wherein the demand for lactose- and cholesterol-free products, along with the use of sustainable emulsifiers, is rising across the countries in North America.
Manufacturers in the market are continuously opting for product innovation by launching new products in the market and even going for packaging-level modifications to enhance their consumer base and gain an edge over other competitors in the market. Market players are launching products in tandem with consumer tastes and preferences and giving priority to the launch of sugar-free products. Therefore, such factors are anticipated to support market demand for whipping cream in North America.
Whipping Cream Industry Overview
The global whipping cream market witnesses high competition among the players in the market, owing to the presence of both global and local players. Some of the companies operating in this market are ConAgra Brands, Nestle SA, Fonterra Co-operative Group Limited, etc. Prominent market players are expanding their facilities and product portfolios due to the growing demand for pastries, cakes, and other desserts across global regions.
Whipping Cream Market Leaders
Conagra Brands
The Tatua Co-operative Dairy Company Limited
Fonterra Co-operative Group
Arla Foods AMBA
Land O’Lakes
*Disclaimer: Major Players sorted in no particular order
Whipping Cream Market News
- November 2022: California Farms launched a heavy whip cream. It is a plant-based substitute for heavy whipping cream, which is used for whipping, cooking, and baking. The product is claimed to be unflavored and unsweetened and made from coconut oil and plant-based and dairy-free ingredients. It is also gluten-free, non-GMO certified, vegan, and kosher.
- January 2021: Oatly launched a "whippable" vegan cream. The product is claimed to have an 88% lower climate footprint than its dairy counterparts.
Whipping Cream Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Dairy-based
5.1.2 Non-Dairy-based
5.2 By Distribution Channel
5.2.1 Supermarkets/Hypermarkets
5.2.2 Convenience Stores
5.2.3 Specialist Retailer
5.2.4 Online Stores
5.2.5 Other Distribution Channels
5.3 By Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 Germany
5.3.2.3 Spain
5.3.2.4 France
5.3.2.5 Italy
5.3.2.6 Russia
5.3.2.7 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 United Arab Emirates
5.3.5.2 South Africa
5.3.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Conagra Brands Inc.
6.3.2 The Tatua Co-operative Dairy Company Limited
6.3.3 Fonterra Co-operative Group
6.3.4 Arla Foods AMBA
6.3.5 Land O'Lakes, Inc.
6.3.6 Nestle SA
6.3.7 Dean Foods
6.3.8 Gay Lea Foods Co-operative Ltd
6.3.9 Califia Farms, LLC
6.3.10 FrieslandCampina
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER
Whipping Cream Industry Segmentation
Whipping cream is a blend of milk and milk fat that is light and fluffy and contains at least 30% butterfat. The global whipping cream market is segmented by type (dairy-based versus non-dairy-based) and by distribution channel (supermarkets/hypermarkets, convenience stores, specialty retailers, online retailers, and others). Additionally, the study covers market revenue in major countries in the following regions: North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. For each of the above segments, the report provides market size and forecasts in USD million.
| By Type | |
| Dairy-based | |
| Non-Dairy-based |
| By Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Convenience Stores | |
| Specialist Retailer | |
| Online Stores | |
| Other Distribution Channels |
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Whipping Cream Market Research FAQs
What is the current Whipping Cream Market size?
The Whipping Cream Market is projected to register a CAGR of 4.21% during the forecast period (2024-2029)
Who are the key players in Whipping Cream Market?
Conagra Brands, The Tatua Co-operative Dairy Company Limited, Fonterra Co-operative Group, Arla Foods AMBA and Land O’Lakes are the major companies operating in the Whipping Cream Market.
Which is the fastest growing region in Whipping Cream Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Whipping Cream Market?
In 2024, the North America accounts for the largest market share in Whipping Cream Market.
What years does this Whipping Cream Market cover?
The report covers the Whipping Cream Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Whipping Cream Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Whipping Cream Industry Report
Statistics for the 2024 Whipping Cream market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Whipping Cream analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
