Whipping Cream Market: Current Analysis and Forecast (2024-2032)

Report Description

Whipping Cream Market Size & Forecast

The Whipping Cream Market was valued at approximately ~USD 8 Billion and is expected to grow at a strong CAGR of around 5.6% during the forecast period (2024-2032) owing to the rising demand for smart cosmetic products.

Whipping Cream Market Analysis

The Whipping Cream Market is expected to grow as consumers seek more convenient, reusable, and innovative solutions. The health and wellness trends significantly influence the growth of the whipping cream market, particularly through the increasing demand for non-dairy alternatives and heightened nutritional awareness among consumers. These trends reshape consumer preferences and drive manufacturers to innovate and adapt their product offerings. Company collaborations and innovative product launches also drive the industry’s growth.

For instance, in November 2022, U.S.-based Califia Farms, a leading plant-based beverage brand, announced a new addition to its delicious lineup of dairy-free items: Heavy Whip, perfect for whipping, cooking, and baking.

Moreover, in September 2021, U.S.-based Starco Brands launched vodka-infused whipped cream, Whipshots.

Whipping Cream Market Trends

This section discusses the key market trends that are influencing the various segments of the Whipping Cream Market, as identified by our team of research experts.

Offline Distribution Channel Segment Transforming Industry

Offline distribution also forms a significant proportion of the Whipping Cream Market, as some conventionalists have a shopaholic tendency to buy the products directly. The absence of delivery downtime makes it easier for the consumer. Some segment examples include in-store promotions, product demonstrations, sampling programs, and point-of-sale displays, among others, that help the industry’s growth. As a result, such a need and demand for whipping cream schematically illustrates that although the circle of buyers has already expanded online, a significant offline presence still exists. These levers come with advantages such as immediate purchase and personal customer attention that physical stores can provide. Regarding the benefits of offline marketing, it is also helpful for raising brand recognition, building trust, and ultimately boosting sales of whipping cream. For instance, in March 2023, U.K.-based Costa Coffee launched vegan whipped cream in all UK stores.

North America is Expected to Grow with Significant CAGR During Forecast Period

Within North America, the U.S. holds a major share of the market. The region’s rapid urbanization, rising investments in the consumer goods industry, the growing consumption of bakery products owing to the rising demand for these products, innovative beverage manufacturing, and the presence of several market players are the major factors boosting the market’s growth in the country.

• In January 2024, S.- Whipnotic, the innovative whipped cream brand putting a sweet spin on a classic indulgence, celebrates National Whipped Cream Day (January 5th) proudly announcing expanded distribution into more than 300 Kroger stores. On its way to creaming the competition, this major retail expansion marks a significant scale-up across 28 states for the sister-owned brand, continuing to transform a timeless category.

• In July 2023, Lactalis Group America launched a line of gourmet-style whipped crème under its Président brand.

Whipping Cream Industry Overview

The Whipping Cream Market is competitive, with several global and international market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new type launches, geographical expansions, and mergers and acquisitions. Some of the major players operating in the market are Fonterra Co-operative Group Limited; Royal FrieslandCampina N.V.; LACTALIS INTERNATIONAL; Dairy Farmers of America, Inc.; Saputo Inc.; Organic Valley; Arla Foods amba; GCMMF; Land O’Lakes, Inc.; Nestlé.

Whipping Cream Market News

• In May 2023, S.-based United Brands, Inc., the parent company of Whip-It! Brand launched the first NSF-certified whipped cream charger component for compressed gas called the Whip-It! Elite, made of aluminum (instead of carbon steel), has USA-made gas and is far more eco-friendly than others.
• In January 2023, South Africa-based Woodlands Dairy launched a new ultra-high temperature whipping cream.
• In July 2022, S.-based Country Crock, a food brand known for its buttery spreads, launched plant cream – a plant-based alternative to traditional heavy whipping cream.
• In April 2022, France-based Candia Professional launched signature whipping cream with renowned UAE chefs.

Whipping Cream Market Report Coverage

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, type portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:

The Global Whipping Cream Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

Frequently Asked Questions (FAQ)

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Research Methodology

Research Methodology for the Whipping Cream Market Analysis (2024-2032)

Analyzing the historical market, estimating the current market, and forecasting the future market of the global whipping cream market were the three major steps undertaken to create and analyze the adoption of whipping cream in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global whipping cream market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

A detailed secondary study was conducted to obtain the historical market size of the whipping cream market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the whipping cream market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as product category, application, distribution channel, and regions. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the whipping cream market. Further, we conducted factor analysis using dependent and independent variables such as product category, application, distribution channel, and regions of the whipping cream market. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and type launches in the whipping cream market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global whipping cream market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2032 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of revenue (USD) and the adoption rate of the whipping cream market across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the global whipping cream market in terms of types offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global whipping cream market. Data was split into several segments and sub-segments after studying various parameters and trends in the areas of the product category, application, distribution channel, and regions in the global whipping cream market.

The main objective of the Global Whipping Cream Market Study

The current & future market trends of the global whipping cream market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of the whipping cream market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
• Segments in the study include areas of the product category, application, distribution channel, and regions.
• Define and analyze the regulatory framework for the whipping cream
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
• Analyze the current and forecast market size of the whipping cream market for the major regions.
• Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World
• Company profiles of the whipping cream market and the growth strategies adopted by the market players to sustain in the fast-growing market.
• Deep dive regional level analysis of the industry

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