Global Whipping Cream Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 913.74 Million |
Market Size (Forecast Year) |
USD 1,415.12 Million |
CAGR |
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Major Markets Players |
Global Whipping Cream Market Segmentation, By Product (Dairy and Non-Dairy), Application (B2B and B2C), Distribution Channel (Warehouse Clubs, Variety Stores, Department Stores, Online Retail, Convenience Stores, Supermarkets and Hypermarkets, Specialist Retailers, and Others), Container (Metal Can, Plastic Tub, Tetra Pak, and Other), Fat Content (Regular (30-36%), Light (25-29%), Ultra Light (15-19%), and Non-Fat (0%)) – Industry Trends and Forecast to 2031
Whipping Cream Market Analysis
The whipping cream market has seen significant advancements in methods and technology, enhancing product quality and expanding applications. Recent innovations include ultra-high temperature (UHT) processing, which extends shelf life while preserving flavor and texture. This method allows manufacturers to offer whipping cream products that require no refrigeration until opened, catering to the growing demand for convenience.
In addition, advancements in emulsification technology have improved the stability of whipped cream, reducing the chances of separation and enhancing its performance in baking and culinary applications. These technological developments not only enhance product quality but also enable a wider range of uses, such as in desserts, beverages, and sauces.
The market's growth is also driven by the rising popularity of plant-based whipping cream alternatives, reflecting consumer preferences for vegan and lactose-free products options. This segment is rapidly gaining traction, appealing to health-conscious consumers and those with dietary restrictions.
As a result, the whipping cream market is projected to continue its upward trajectory, driven by innovation, diverse applications, and the increasing demand for convenience and healthier options. This growth offers opportunities for manufacturers to explore new product lines and improve existing offerings.
Whipping Cream Market Size
The global whipping cream market size was valued at USD 913.74 million in 2023 and is projected to reach USD 1,415.12 million by 2031, with a CAGR of 5.62% 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.
Whipping Cream Market Trends
“Rise in Plant-Based Whipping Cream”
A significant trend in the whipping cream market is the increasing demand for plant-based alternatives. As consumers become more health-conscious and environmentally aware, many are opting for dairy-free options made from ingredients such as coconut, almond, and soy. For instance, in January 2023, Alamance Foods introduced Whipt, a ground-breaking plant-based whipped cream alternative available in oat, almond, and coconut varieties. The oat version, noted for its delightful vanilla flavor, caters to the increasing demand for vegan-friendly options. With a focus on health and environmental consciousness, Whipt aims to meet the needs of health-conscious consumers, particularly in a post-pandemic world where wellness and mindful eating are priorities.
Report Scope and Whipping Cream Market Segmentation
Attributes |
Whipping Cream Key Market Insights |
Segments Covered |
|
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 |
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.), and Fonterra Co-operative Group Limited (New Zealand) |
Market Opportunities |
|
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 |
Whipping Cream Market Definition
Whipping cream, also known as heavy cream, is a high-fat dairy product made from the milk of cows. It contains at least 36% milk fat, which allows it to be whipped into a light, airy texture. This process enhances its volume and makes it ideal for various culinary applications, such as topping desserts, incorporating into sauces, and creating mousses. Whipping cream can be used sweetened or unsweetened and is often flavored with vanilla or other extracts. It can also be used in savory dishes, adding richness and creaminess. Properly stored, whipping cream has a relatively long shelf life.
Whipping Cream Market Dynamics
Drivers
- Rising Demand for Dairy Products
The rising consumer preference for dairy products significantly boosts the whipping cream market. Health-conscious consumers are increasingly recognizing the nutritional benefits of dairy, such as calcium and protein, which enhance their diets. In addition, the rich taste and versatility of whipping cream in various culinary applications, from desserts to sauces, make it a sought-after ingredient. For instance, in July 2023, Lactalis American Group launched President Whipped Creme, a premium whipped cream that embodies the essence of traditional French culinary artistry. Crafted from a classic Chantilly recipe, this new product aims to transform everyday dishes into luxurious gourmet experiences. With its fine texture and rich flavor, President Whipped Creme offers consumers a taste of fine dining directly from the can, enhancing various desserts and culinary creations.
- Rise in Food Service Industry
The growth of the food service industry significantly drives the whipping cream market. As the number of restaurants, cafes, and catering services expands, the demand for whipping cream increases due to its versatility in culinary applications. For instance, in September 2023, Whipnotic expanded its product line by introducing two enticing flavors: Brownie Batter and Peach Mango. Known for its swirled whipped cream, Whipnotic emphasizes quality by using real cream and skim milk in its formulations. The whipped cream is conveniently dispensed from innovative cans featuring advanced nozzle technology, ensuring a delightful and airy texture perfect for enhancing desserts and beverages.
Opportunities
- Rise in Popularity of Home Baking
The surge in home baking, particularly during the pandemic, has created significant opportunities in the whipping cream market. As consumers turned to baking as a recreational activity while spending more time at home, the demand for high-quality ingredients, including whipping cream, skyrocketed. For instance, sales of whipping cream in retail outlets increased by over 30% in 2020, as home bakers sought to replicate professional-quality desserts. Social media platforms such as Instagram and TikTok further fueled this trend, with users sharing recipes and showcasing their creations. This growing interest in baking not only boosts whipping cream consumption but also encourages manufacturers to innovate with new product offerings tailored to home bakers.
- Growth of Online Food Retail
The rapid expansion of online food retail presents significant opportunities for the whipping cream market. E-commerce platforms, such as Amazon Fresh and Walmart Grocery, provide consumers with easy access to a variety of whipping cream products, including specialty and organic options. This convenience caters to busy lifestyles and the growing trend of home baking. For instance, in November 2022, California Farms unveiled a new heavy whipping cream alternative made from plant-based ingredients, specifically coconut oil. This unsweetened and unflavored product is designed for versatile use in whipping, cooking, and baking, appealing to both vegans and those seeking dairy alternatives. In addition, it is gluten-free, non-GMO certified, vegan, and kosher, ensuring inclusivity for various dietary preferences while maintaining high quality and taste.
Restraints/Challenges
- Shelf Life Issues
Shelf life issues significantly hinder the whipping cream market, particularly for fresh varieties, which typically have a limited shelf life of around 2 to 3 weeks. This short duration poses challenges for retailers and distributors, leading to increased spoilage and waste. As a result, businesses may experience lower sales due to the inability to maintain optimal inventory levels. In addition, frequent restocking requirements add logistical burdens, increasing operational costs. Consumers may also be hesitant to purchase whipping cream if they perceive a risk of it expiring quickly, further impacting market demand. Ultimately, these factors create considerable challenges in managing the whipping cream supply chain effectively.
- Competition from Alternatives
The whipping cream market is hindered by intense competition from non-dairy and plant-based alternatives. As more consumers adopt vegan and lactose-free diets, these products are increasingly appealing due to their health perceptions and longer shelf lives. Non-dairy whipping creams, made from ingredients such as coconut, soy, or almond, are often marketed as healthier options, attracting consumers seeking low-calorie or allergen-free alternatives. This shift poses a significant threat to traditional whipping creams, as many consumers prioritize convenience and health in their purchasing decisions. Consequently, the rising popularity of these alternatives limits the growth potential for conventional whipping cream in the market.
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.
Whipping Cream Market Scope
The market is segmented on the basis of product, application, container, fat content, and distribution channel. 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
- Dairy
- Light
- Heavy
- Others
- Non-Dairy
Application
- B2B
- B2C
Distribution Channel
- Warehouse Clubs
- Variety Stores
- Department Stores
- Online Retail
- Convenience Stores
- Supermarkets and Hypermarkets
- Specialist Retailers
- Others
Container
- Metal Can
- Plastic Tub
- Tetra Pak
- Other
Fat Content
- Regular (30-36%)
- Light (25-29%)
- Ultra Light (15-19%)
- Non-Fat (0%)
Whipping Cream Market Regional Analysis
The market is analysed and market size insights and trends are provided by country, product, application, container, fat content, and distribution channel as referenced above.
The countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Asia-Pacific is expected to dominate the whipping cream market, driven by the increasing adoption in food service establishments. The region's rising disposable incomes and changing consumer preferences for bakery and dessert products further fuel this growth. In addition, the expansion of cafes and restaurants enhances the demand for high-quality whipping cream in culinary applications.
Europe is expected to show significant growth in the whipping cream market, driven by increased product demand in countries such as the United Kingdom, Belgium, Germany, the Netherlands, and France. The rising use of whipping cream in popular applications such as pancakes and coffee further fuels this trend, enhancing its market presence across the 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.
Whipping 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.
Whipping Cream Market Leaders Operating in the Market Are:
- 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)
Latest Developments in Whipping Cream Market
- In July 2023, Lactalis American Group launched President Whipped Creme, a premium whipped cream that embodies the essence of traditional French culinary artistry. Crafted from a classic Chantilly recipe, this new product aims to transform everyday dishes into luxurious gourmet experiences. With its fine texture and rich flavor, President Whipped Creme offers consumers a taste of fine dining directly from the can, enhancing various desserts and culinary creations
- In January 2023, Alamance Foods introduced Whipt, a groundbreaking plant-based whipped cream alternative available in oat, almond, and coconut varieties. The oat version, noted for its delightful vanilla flavor, caters to the increasing demand for vegan-friendly options. With a focus on health and environmental consciousness, Whipt aims to meet the needs of health-conscious consumers, particularly in a post-pandemic world where wellness and mindful eating are priorities
- In November 2022, California Farms unveiled a new heavy whipping cream alternative made from plant-based ingredients, specifically coconut oil. This unsweetened and unflavored product is designed for versatile use in whipping, cooking, and baking, appealing to both vegans and those seeking dairy alternatives. In addition, it is gluten-free, non-GMO certified, vegan, and kosher, ensuring inclusivity for various dietary preferences while maintaining high quality and taste
- In January 2021, Oatly launched a revolutionary "whippable" vegan cream that boasts an impressive 88% lower climate footprint compared to traditional dairy options. This product aligns with the increasing consumer demand for sustainable and plant-based alternatives. Oatly's innovative formulation provides a creamy texture suitable for whipping, cooking, and baking, making it a versatile choice for health-conscious consumers who prioritize environmental responsibility alongside taste
- In February 2020, Dairy Farmers of America completed a strategic acquisition of Dean Foods, the largest milk producer in the U.S., for USD 425 million. This acquisition is expected to significantly enhance Dairy Farmers of America's geographical footprint, allowing for expanded distribution and improved market reach. By integrating Dean Foods’ resources and infrastructure, the company aims to strengthen its position within the dairy industry and better serve consumers
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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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