- 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
Frequently Asked Questions
The market is segmented based on Segmentation, By Product (Fresh, Table, Heavy, Whipping, and Others), Source (Non-Dairy and Dairy), Application (Commercial and Household) – Industry Trends and Forecast to 2031
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The Global Cream Market size was valued at USD 22.11 USD Billion in 2023.
The Global Cream Market is projected to grow at a CAGR of 5.8% during the forecast period of 2024 to 2031.
The market report covers data from the 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.