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PUBLISHER: IMARC | PRODUCT CODE: 1390727

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PUBLISHER: IMARC | PRODUCT CODE: 1390727

Whipping Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Abstract

The global whipping cream market size reached US$ 3.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 2.82% during 2022-2028.

Whipping cream is a light and fluffy edible cream used as an ingredient in various baked food products. It is produced by whipping heavy cream using a hand mixer or electric whisk until sufficient air is incorporated into the liquid and the fat is evenly distributed to create foam. It is commonly available in dairy and non-dairy variants and in various flavors, such as plain, vanilla, coffee, chocolate, pineapple, strawberry and orange. Whipping cream is added as a topping or filling in pastries, pies, cakes, tarts, waffles and beverages to improve the texture and appearance of the dish. The cream is usually pasteurized to neutralize microorganisms and enzymes and fortified with various additives and sweeteners to enhance the flavor and shelf life of the product.

Whipping Cream Market Trends:

Significant growth in the food and beverage industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing consumption of cupcakes, ice creams, sundaes, hot chocolate, milkshakes and puddings, especially among millennials, is providing a thrust to the market growth. In line with this, the advent of premium bakeries and confectionery boutiques offering customized and intricately designed cakes and pastries is also contributing to the growth of the market. Whipping cream is widely used as a decorative ingredient in various delicacies, themed desserts and signature confectioneries. Additionally, various product innovations, such as the launch of sugar-free, organic and vegan whipping creams in novel flavors, such as rose, cinnamon and mango, are favoring the growth of the market. Other factors, including the increasing expenditure capacities of the consumers, along with the convenient product availability through online retail channels, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global whipping cream market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, application and distribution channel.

Breakup by Product:

Dairy

Light Whipping Cream

Heavy Whipping Cream

Others

Non-Dairy

Breakup by Application:

B2B

B2C

Breakup by Distribution Channel:

Supermarkets and Hypermarkets

Convenience Stores

Specialist Retailer

Online Stores

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arla Foods amba, Borden Dairy Company, Cabot Creamery (Agri-Mark Inc), Conagra Brands, Fonterra Co-operative Group Limited, Gay Lea Foods Co-operative Ltd., GCMMF, Granarolo S.p.A, Gruenewald Manufacturing Company Inc., Hanan Products Co. Inc., Lactalis International and The Kraft Heinz Company.

Key Questions Answered in This Report:

  • How has the global whipping cream market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global whipping cream market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global whipping cream market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR112023A4544

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Whipping Cream Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product

  • 6.1 Dairy
    • 6.1.1 Market Trends
    • 6.1.2 Key Segments
      • 6.1.2.1 Light Whipping Cream
      • 6.1.2.2 Heavy Whipping Cream
      • 6.1.2.3 Others
    • 6.1.3 Market Forecast
  • 6.2 Non-Dairy
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Application

  • 7.1 B2B
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 B2C
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Distribution Channel

  • 8.1 Supermarkets and Hypermarkets
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Convenience Stores
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Specialist Retailer
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Online Stores
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Others
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Arla Foods amba
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 Borden Dairy Company
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Cabot Creamery (Agri-Mark Inc)
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 Conagra Brands
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 Fonterra Co-operative Group Limited
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Gay Lea Foods Co-operative Ltd.
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 GCMMF
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Granarolo S.p.A
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 Gruenewald Manufacturing Company Inc.
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Hanan Products Co. Inc.
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 Lactalis International
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 The Kraft Heinz Company
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis
Product Code: SR112023A4544

List of Figures

  • Figure 1: Global: Whipping Cream Market: Major Drivers and Challenges
  • Figure 2: Global: Whipping Cream Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Whipping Cream Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Whipping Cream Market: Breakup by Product (in %), 2022
  • Figure 5: Global: Whipping Cream Market: Breakup by Application (in %), 2022
  • Figure 6: Global: Whipping Cream Market: Breakup by Distribution Channel (in %), 2022
  • Figure 7: Global: Whipping Cream Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Whipping Cream (Dairy) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 9: Global: Whipping Cream (Dairy) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 10: Global: Whipping Cream (Non-Dairy) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 11: Global: Whipping Cream (Non-Dairy) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 12: Global: Whipping Cream (B2B) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 13: Global: Whipping Cream (B2B) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Whipping Cream (B2C) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Whipping Cream (B2C) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Whipping Cream (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 17: Global: Whipping Cream (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 18: Global: Whipping Cream (Convenience Stores) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 19: Global: Whipping Cream (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 20: Global: Whipping Cream (Specialist Retailer) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 21: Global: Whipping Cream (Specialist Retailer) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 22: Global: Whipping Cream (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 23: Global: Whipping Cream (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 24: Global: Whipping Cream (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Whipping Cream (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: North America: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: North America: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: United States: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: United States: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: Canada: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: Canada: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: Asia-Pacific: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: Asia-Pacific: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: China: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: China: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: Japan: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: Japan: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: India: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: India: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: South Korea: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: South Korea: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: Australia: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: Australia: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: Indonesia: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: Indonesia: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 46: Others: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 47: Others: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 48: Europe: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 49: Europe: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 50: Germany: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 51: Germany: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 52: France: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 53: France: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 54: United Kingdom: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 55: United Kingdom: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 56: Italy: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 57: Italy: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 58: Spain: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 59: Spain: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 60: Russia: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 61: Russia: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 62: Others: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 63: Others: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 64: Latin America: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 65: Latin America: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 66: Brazil: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 67: Brazil: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: Mexico: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 69: Mexico: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 70: Others: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 71: Others: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 72: Middle East and Africa: Whipping Cream Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 73: Middle East and Africa: Whipping Cream Market: Breakup by Country (in %), 2022
  • Figure 74: Middle East and Africa: Whipping Cream Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Global: Whipping Cream Industry: SWOT Analysis
  • Figure 76: Global: Whipping Cream Industry: Value Chain Analysis
  • Figure 77: Global: Whipping Cream Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Whipping Cream Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Whipping Cream Market Forecast: Breakup by Product (in Million US$), 2023-2028
  • Table 3: Global: Whipping Cream Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 4: Global: Whipping Cream Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
  • Table 5: Global: Whipping Cream Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 6: Global: Whipping Cream Market: Competitive Structure
  • Table 7: Global: Whipping Cream Market: Key Players
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