Market Size of Whipping Cream Industry
| 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 |
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 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 Size Summary
The global whipping cream market is poised for significant growth over the next few years, driven by increasing consumer demand for bakery and pastry products that require a creamier texture. This demand is further bolstered by the rising popularity of at-home prepared foods such as soups, meats, and desserts, which often incorporate whipping cream. The trend towards natural and organic products is also gaining traction, as health-conscious consumers seek to avoid chemical additives. This shift presents opportunities for manufacturers to introduce organic whipping cream products, thereby expanding their market share. Additionally, the growing preference for non-dairy-based whipping creams, due to their cost-effectiveness and lower fat content, is contributing to the market's expansion. Prominent market players are responding by launching innovative, low-calorie, and plant-based options to attract a broader consumer base.
The market is experiencing a surge in online retail activity, with consumers increasingly turning to e-commerce platforms for their whipping cream purchases. This shift has prompted vendors to enhance the security and reliability of their online purchasing processes, further driving market demand. North America leads the market, fueled by a strong appetite for bakery and confectionery items, alongside a growing preference for lactose- and cholesterol-free products. Manufacturers are focusing on product innovation and packaging modifications to cater to evolving consumer tastes, particularly in the realm of sugar-free offerings. The competitive landscape is marked by the presence of both global and local players, with companies like ConAgra Brands and Nestle SA expanding their product portfolios to meet the rising demand for desserts. Recent product launches, such as California Farms' plant-based heavy whipping cream and Oatly's vegan cream, highlight the industry's commitment to sustainability and innovation.
Whipping Cream Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Dairy-based
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2.1.2 Non-Dairy-based
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2.2 By Distribution Channel
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2.2.1 Supermarkets/Hypermarkets
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2.2.2 Convenience Stores
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2.2.3 Specialist Retailer
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2.2.4 Online Stores
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2.2.5 Other Distribution Channels
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2.3 By Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 Germany
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2.3.2.3 Spain
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2.3.2.4 France
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2.3.2.5 Italy
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2.3.2.6 Russia
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2.3.2.7 Rest of Europe
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2.3.3 Asia-Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Australia
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2.3.3.5 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East & Africa
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2.3.5.1 United Arab Emirates
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle East & Africa
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Whipping Cream Market Size 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.
