PUBLISHER: The Business Research Company | PRODUCT CODE: 1703246
PUBLISHER: The Business Research Company | PRODUCT CODE: 1703246
Cream powder is the dried form of cream, produced through spray-drying or freeze-drying to reduce its water content significantly. Made from pasteurized sweet cream, it retains the flavor and richness of liquid cream while offering an extended shelf life and easier storage and transport. To use, it is reconstituted by mixing with water to achieve a creamy consistency akin to fresh cream.
Cream powder is categorized into two main types high fat powder and lipid powder. High fat powder, with a fat content exceeding 40%, includes dairy-based and plant-based variants. These find application in diverse sectors such as bakery, soups, sauces, dairy products, beverages, confectionaries, desserts, and more. Distribution occurs through supermarkets, hypermarkets, online retail, specialty stores, and other channels.
The cream powder market research report is one of a series of new reports from The Business Research Company that provides cream powder market statistics, including the cream powder industry global market size, regional shares, competitors with cream powder market share, detailed cream powder market segments, market trends, and opportunities, and any further data you may need to thrive in the cream powder industry. These cream powder market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The cream powder market size has grown strongly in recent years. It will grow from $5.34 billion in 2024 to $5.8 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to increase in demand for dairy-based products, increase in demand for creamy beverages, and increase in demand for convenience foods.
The cream powder market size is expected to see strong growth in the next few years. It will grow to $8 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to increasing demand for ready-to-eat foods, growing vegan population, and rising demand for baked goods. Major trends in the forecast period include innovation in product offerings, technological advancements, launches of new products and services.
The growing consumption of bakery products is anticipated to drive the expansion of the cream powder market in the coming years. Bakery products encompass a wide variety of items made from wheat flour, which are used to create various baked goods. This demand is fueled by a combination of lifestyle changes, health trends, economic factors, and innovation within the food industry. Cream powder offers a longer shelf life compared to fresh cream and other bakery ingredients, catering to consumer preferences for products with extended storage capabilities. For example, a report from March 2023 by Farm Credit Canada (FCC), a financial services company that specializes in providing tailored financial services to agricultural operations, projected a 5.4% increase in the revenue for bakery and tortilla products in 2023, reaching $17.2 billion, up from $16.3 billion in 2022. Hence, the growing demand for bakery products is propelling the expansion of the cream powder market.
Leading companies in the cream powder market are introducing instant powder mixes to broaden their product portfolios and meet the rising demand for plant-based alternatives. Instant powder mixes are dry, soluble powders designed to be quickly blended with water or another liquid to create ready-to-consume beverages, food products, or culinary ingredients. For instance, Nestle S.A., a Swiss multinational, launched Nido instant powder in October 2023 in Central and West Africa. This product, called Nido Milk & Soya, combines milk with local soy, offering essential nutrients such as protein, fiber, iron, and calcium. Developed by Nestle's regional R&D team in Abidjan, Cote d'Ivoire, this versatile product complements various cereals, porridges, and beverages and has recently debuted in Nigeria.
In April 2024, Greenyard, a Belgian company known for manufacturing fresh, frozen, and prepared fruit and vegetables, acquired Creme de la Creme for an undisclosed sum. This acquisition enables Greenyard to broaden its range of plant-based dairy alternatives and reinforce its presence in the expanding market for dairy-free frozen desserts. Creme de la Creme, based in the US, specializes in innovative plant-based ice cream, frozen snack products, and cream powder, including products such as Creme De La Creme Mica Powder.
Major companies operating in the cream powder market are Nestle S.A., Unilever PLC, Groupe Lactalis S.A., Yili Group, Royal FrieslandCampina N.V., Fonterra Co-operative Group Limited, Inner Mongolia Mengniu Dairy Limited, Saputo Inc., Kerry Group plc, Dairy Farmers of America, Schreiber Foods Inc., Doehler Group SE, Muller Industries, GROUPE SODIAAL, DMK Deutsches Milchkontor GmbH, Arla Foods Group, NOW Foods, Parag Milk Foods Ltd, Anand Milk Union Limited (AMUL), Bluegrass Dairy, Walton Feed Inc., Pelwatte Dairy Industries Pvt. Limited, Rogers and Company Foods Pty Ltd, Arion Dairy Products B.V.
Europe was the largest region in the cream powder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cream powder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the cream powder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The cream powder market consists of sales of instant cream powder, whipping cream powder and organic cream powders. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Cream Powder Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on cream powder market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for cream powder ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The cream powder market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.