Global Cream Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 22.11 Billion |
Market Size (Forecast Year) |
USD 34.71 Billion |
CAGR |
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Major Markets Players |
Global Cream Market Segmentation, By Product (Fresh, Table, Heavy, Whipping, and Others), Source (Non-Dairy and Dairy), Application (Commercial and Household) – Industry Trends and Forecast to 2031
Cream Market Analysis
The global cream market is experiencing steady growth, driven by increasing demand in the food and beverage industry, particularly for premium products such as coffee creamers, bakery items, and sauces. Cream's versatility in both commercial and home kitchens boosts its popularity. The market is also supported by rising disposable incomes in emerging regions and the growing preference for indulgent food products. However, challenges such as fluctuating dairy prices and health concerns related to high-fat content could limit growth. In response to changing consumer preferences, plant-based cream alternatives are gaining traction. Key players include Fonterra, Danone, and Nestlé, focusing on product innovation and expanding their global reach. The market shows strong potential, particularly in regions such as Asia-Pacific and Latin America.
Cream Market Size
Global cream market size was valued at USD 22.11 billion in 2023 and is projected to reach USD 34.71 billion by 2031, with a CAGR of 5.80% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.
Cream Market Trends
“Rise of Organic and Clean-Label Cream Products”
Consumers increasingly seek products free from artificial additives, hormones, and antibiotics, as health and transparency become top priorities. Organic cream production has expanded, especially in regions such as North America and Europe, where regulatory standards support organic certification and labeling. Clean-label cream, which uses simple, minimally processed ingredients, resonates with consumers who value natural, wholesome foods. This shift reflects growing demand for products that meet strict health and environmental standards. Major dairy producers are responding by launching organic and clean-label options, which allows them to attract health-conscious buyers and boost their market presence within this premium product segment, which is expected to continue driving growth in the market.
Report Scope and Cream Market Segmentation
Attributes |
Cream Key Market Insights |
Segments Covered |
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Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Key Market Players |
Nestlé S.A. (Switzerland), Danone (France), Cabot Creamery Cooperative, Inc. (U.S.), Fonterra Co-operative Group (New Zealand), Uelzana Group (Germany), Meggle AG (Germany), Starbucks Corporation (U.S.), Arby's (U.S.), Applebee's (U.S.), Auntie Anne's LLC (U.S.), A&W Restaurants, Inc. (U.S.), and McDonald's Corporation (U.S.) |
Market Opportunities |
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Value Added Data Infosets |
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework. |
Cream Market Definition
The cream market consists of various cream types, including fresh, whipped, heavy, sour, and processed cream, each catering to specific consumer needs. Cream is primarily derived from milk fat and valued for its rich texture and flavor, which enhance food and beverages. Its applications span multiple industries, including food and beverage, where it is used in baking, confectionery, dairy desserts, and sauces. The coffee sector frequently utilizes cream for premium drinks, while the food service industry incorporates it into recipes for added texture. Beyond food, cream is also used in cosmetics for its moisturizing properties. Global demand for cream is supported by its versatility, making it a staple in both home kitchens and commercial food production.
Cream Market Dynamics
Drivers
- Rising Demand in Food and Beverage Industry
The food and beverage industry drives the demand for cream, especially as consumer preferences shift toward premium, indulgent food products. Cream is a key ingredient in baked goods, confectioneries, sauces, and coffee, where its rich texture and flavor enhance product appeal. This trend is particularly strong in regions such as North America and Europe, where consumers appreciate high-quality dairy products. This demand boosts the cream market as manufacturers respond with varied cream products tailored to culinary uses. For instance, according to FrieslandCampina, in many recipes, cream is used to enhance the flavor balance of a dish or pastry by softening stronger flavors, harmonizing them with other elements on the plate. Additionally, cream adds structure and texture to both dishes and pastries. FrieslandCampina Professional provides a variety of cream products, such as industrial solutions, whipping cream, spray cream, and cooking cream.
- Growing Popularity of Specialty Coffees
The global popularity of specialty coffee has increased cream demand, especially in cafes and restaurants. Consumers are willing to pay more for high-quality, artisanal coffee that often includes cream or cream-based alternatives. This trend is significant in urban areas worldwide, where coffee culture has taken root. Cream provides a premium texture and flavor to coffee, making it a desirable addition that aligns with customer expectations for luxurious coffee experiences.
Opportunities
- Growth in Plant-Based Cream Alternatives
As consumer interest in plant-based diets grows, so does demand for cream alternatives made from ingredients such as almonds, soy, and oats. This segment offers a growing market as consumers seek lactose-free or vegan options, driven by health, environmental, and ethical concerns. Manufacturers investing in plant-based cream alternatives can tap into a rapidly expanding market segment that caters to diverse dietary needs. For instance, according to Fahlin, consumers are increasingly turning to plant-based milks as an entry point into other dairy alternatives, such as plant-based yogurts, ice creams, creams, coffee creamers, and puddings.
- Innovation in Packaging for Extended Shelf Life
Innovations in packaging technology, such as aseptic and vacuum-sealed packaging, can extend the shelf life of cream products. This advancement reduces wastage, enhances distribution efficiency, and expands the market reach to regions with less access to fresh cream. Packaging that maintains product freshness for longer periods helps retailers and consumers by increasing convenience and product longevity, thereby supporting cream market growth.
Restraints/Challenges
- Fluctuating Dairy Prices
The cream market faces challenges from volatile dairy prices, which impact production costs and, consequently, consumer prices. Factors such as weather, feed costs, and trade regulations can affect milk supply, causing fluctuations in cream prices. When prices rise significantly, manufacturers may face lower demand as consumers shift to more affordable alternatives, thus limiting market growth.
- Health Concerns Linked to High-Fat Dairy Products
Increasing health awareness is leading some consumers to reduce intake of high-fat products, including cream. Many consumers are cautious about saturated fats linked to cardiovascular diseases and obesity, opting instead for lower-fat or plant-based alternatives. This trend can limit cream demand, particularly in developed regions where health-conscious behavior is prevalent, posing a challenge for the cream market in the long term.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Cream Market Scope
The market is segmented on the basis product, source, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Fresh
- Table
- Heavy
- Whipping
- Others
Source
- Non-Dairy
- Dairy
Application
- Commercial
- Household
Cream Market Regional Analysis
The market is analyzed and market size insights and trends are provided by country, product, source, and application as referenced above.
The countries covered in the market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.
Europe dominates the global cream market due to strong demand for dairy products, particularly in countries such as France, Germany, and the UK. The region’s established dairy industry, along with high consumption of cream in various culinary applications, supports its leadership. The growing trend of premium, indulgent foods further boosts cream consumption in European markets.
Asia-Pacific region is the fastest growing in the global cream market, driven by increasing urbanization, rising disposable incomes, and changing dietary preferences. As demand for dairy-based products such as cream in culinary applications, desserts, and beverages grows, countries such as China and India are seeing rapid adoption, fostering significant market expansion in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Cream Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Cream Market Leaders Operating in the Market are:
- Nestlé S.A. (Switzerland)
- Danone (France)
- Cabot Creamery Cooperative, Inc. (U.S.)
- Fonterra Co-operative Group (New Zealand)
- Uelzana Group (Germany)
- Meggle AG (Germany)
- Starbucks Corporation (U.S.)
- Arby's (U.S.)
- Applebee's (U.S.)
- Auntie Anne's LLC (U.S.)
- A&W Restaurants, Inc. (U.S.)
- McDonald's Corporation (U.S.)
Latest Developments in Cream Market
- In November 2024, Fonterra's launch of Anchor Easy Bakery cream in China marks a strategic move into the rapidly expanding mid-tier UHT cream segment. Unveiled at the China International Import Expo, this initiative reflects Fonterra's commitment to innovation and its efforts to strengthen its presence in China's urban markets
- In October 2024, Arla Foods is strengthening its foothold in the MENA region by submitting a non-binding proposal to acquire a controlling interest in Domty, a leading Egyptian dairy producer. The deal, valued at approximately EGP 8.9 billion (around USD 183 million), aims to position Arla firmly in Egypt’s substantial dairy market, where Domty holds a significant presence
- In October 2024, Amul is preparing to enter the European market after successfully launching its milk products in the United States. This move aligns with Amul's global strategy to leverage its strong position in the dairy industry. By emphasizing high-quality, organic, and protein-rich products, the company aims to meet Europe's growing demand for reliable and nutritious food options
- In 2023, Woodlands Dairy introduced the "First Choice Ultra Heat Treatment (UHT) Whipping Cream." This product is designed for multiple applications, including desserts, cakes, and milkshakes, to cater to the growing demand for versatile whipping creams in national and international markets
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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