The global whipping cream market involves this high-fat dairy product's production, distribution, and consumption, crucial for diverse culinary applications. Its rich texture enhances desserts, sauces, and beverages, creating a luxurious culinary experience. With increasing demand in the expanding food and beverage sector, particularly in baking, desserts, and specialty coffees, whipped cream, also known as chantilly cream or crème chantilly, remains a sought-after ingredient. Whether flavored with vanilla, coffee, chocolate, sugar, or fruits, whipped cream elevates the taste and appearance of bakery and pastry products, providing a lasting fluffy and creamy texture.
Data Bridge Market Research analyses that the Global Whipping Cream Market was valued at 819.09 million in 2021 and is expected to reach the value of USD 1,268.53 million by 2029, at a CAGR of 5.62% during the forecast period of 2022 to 2029.
"Rising consumption of confectionaries drive the market growth"
The global market witnessed a favorable trend due to substantial growth in the food and beverage industry worldwide. Increased consumption of confectionaries such as cupcakes, ice cream, sundaes, hot chocolate, milkshakes, and puddings, particularly among millennials, contributes to market expansion. The emergence of premium bakeries and confectionery boutiques offering customized, intricately designed cakes and pastries further fuels growth. Whipping cream is a popular decorative ingredient in various delicacies, themed desserts, and signature confectioneries, enhancing their appeal.
What restraints the growth of the global whipping cream market?
"High sugar content hamper the market growth"
The market faces a hindrance to growth due to excessive sugar content in whipped cream. Elevated sugar intake is linked to serious health concerns, discouraging health-conscious consumers and impacting market demand. Additionally, high sugar consumption is associated with skin issues, contributing to a negative perception of whipped cream products. The dual impact of health-related concerns and potential skin problems creates obstacles to market growth.
Segmentation: Global Whipping Cream Market
The global whipping cream market is segmented on the basis of product, application, and distribution channel.
- On the basis product, the global whipping cream market is segmented into dairy, and non-dairy
- On the basis of application, the global whipping cream market is segmented into B2B, and B2C
- On the basis of distribution channel, the global whipping cream market is segmented into warehouse clubs, variety stores, department stores, online retail, convenience stores, supermarkets and hypermarkets, specialist retailers, and others
Regional Insights: Asia-Pacific dominates the Global Whipping Cream Market
Asia-Pacific dominates the global whipping cream market, driven by a surge in adoption by the region's thriving food services sector. The increased demand for whipping cream in diverse culinary applications, especially in desserts and beverages, aligns with the dynamic growth of the food industry in Asia-Pacific. This dominance underscores the region's pivotal role in shaping the market landscape and meeting consumers' evolving preferences in the culinary space.
Europe is expected to dominate the global whipping cream market from 2022 to 2029, driven by heightened demand in countries such as the U.K., Belgium, Germany, the Netherlands, and France. The increased utilization of whipping cream in popular forms, such as pancakes and coffee, contributes to this growth trend, reflecting a sustained and expanding preference for this dairy product across diverse culinary applications within the region.
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The Prominent Key Players Operating in the Global Whipping Cream Market Include:
- Arla Foods amba (Denmark)
- GCMMF (India)
- Land O'Lakes, Inc. (U.S.)
- Royal FRIESLANDCAMPINA NV (Netherlands)
- Groupe Lactalis (France)
- Agropur (Canada)
- Dairy Farmers of America, Inc. (U.S.)
- Saputo Inc. (Canada)
- Organic Valley (U.S.)
- Fonterra Co-operative Group Limited (New Zealand)
Above are the key players covered in the report, to know about more and exhaustive list of global whipping cream market companies, contact: https://www.databridgemarketresearch.com/ar/contact
Research Methodology: Global Whipping Cream Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.