Sour Cream Market Analysis

Global Sour Cream Market Overview

Sour Cream Market Size was valued at USD 1.7 billion in 2022. The Sour Cream market is projected to grow from USD 1.98 Billion in 2023 to USD 2.55 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.72% during the forecast period (2023 - 2030). Increasingly demanding a variety of flavors in their sour cream and growing consumer interest in products with no lactose are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Sour Cream Market Trends

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  Growing Consumer Interest in Products with No Lactose to boost the market growth

  
  

Customers increasingly demand various flavors in their sour cream, including spicy, roasted, and exotic combinations. The sour cream Beer-battered Onion Ring Dip from Heluva Good! is made with beer, fried sweet yellow onions, and sour cream. The most common way to eat sour cream is as a dip, topping, or spread when paired with snacks. The most popular flavors among consumers are savory and spicy because they go well with salty snacks.

Because it contains good bacteria that promote digestive health, sour cream is more popular. There is a growing market for lactose-free sour cream due to the prevalence of lactose, particularly in North American and European nations. The main factor driving the demand for this product is the rising popularity of baked goods and savory foods, which benefit from the lightening properties of lactose-free organic sour cream. Dairy alternative producers have a significant opportunity due to the increased consumer acceptance of lactose-free dairy products. Additionally, consumers' rising cholesterol issues have fueled a demand for fat-free, low-fat, and other sour cream products. For instance, the Ministry of Agriculture, Food and Environment of Spain reports that from about 2 point 5 million kilograms in 2017 to about 3 points 9 kilograms in 2020, the consumption volume of lactose-free cheese in Spain increased significantly. As a result, these products are anticipated to grow in the sour cream market during the forecast period.

There is a growing market for lactose-free sour cream due to the prevalence of lactose, particularly in North American and European nations. The growing popularity of baked goods and savory foods, which benefit from the lightening properties of lactose-free organic sour cream, is the main factor driving the demand for this product. Dairy alternative producers have a sizable window of opportunity thanks to the growing popularity of lactose-free dairy products and their increased availability. The rising demand for fat-free, low-fat, and other sour cream products has also been fueled by consumers' rising cholesterol issues. For instance, according to the Ministry of Agriculture, Food, and Environment of Spain, the consumption of lactose-free cheese in Spain increased significantly from about 2 point 5 million kilograms in 2017 to about 3 points 9 kilograms in 2020. As a result, the sour cream market is anticipated to grow during the forecast period because such products have enhanced the Sour Cream market CAGR across the globe in recent years.

Sour Cream Market Segment Insights

Sour Cream Category Insights

Based on Category, the Sour Cream market segmentation includes Organic and Conventional. The anterior Sour Cream segment held the majority share in 2022 concerning the Sour Cream market revenue. Fresh, organic milk and generous organic cream make our delicious organic sour cream. We only use clean, natural ingredients in all of our products. The people, as well as our cows, benefit more from Olympic Organic sour cream.

Based on Packaging Type, the Sour Cream market segmentation includes Bottles, Tubs/Cups, Squeezers, and Others. The Squeezers segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2022-2030. packaging offers environmentally friendly ways to store your sour cream so that it remains safe and tasty from fill to use. This extremely practical package format gives retail customers various choices, such as portable pouches for activities like camping and picnics, resealable, family-size pouches of their preferred sour cream, and trial-size pouches that promote sampling implants for Sour Cream positively impacts the market growth.

Figure 1: Sour Cream Market, by Category, 2022 & 2030 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Sour Cream Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. Europe’s Sour Cream market accounted for USD 0.7786 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. The European dairy alternative market has been and continues to be driven by rising lactose intolerance rates and the availability of dairy substitutes. Manufacturers in the area are introducing lactose-free sour creams for consumers who are lactose intolerant, and it is anticipated that these products will fuel market growth over the ensuing years. As an illustration, businesses like Follow Your Heart are creating sour cream, which is thick and creamy and purports to taste like old cream and is highly favored by consumers. Sour cream is positioned as a fantastic fermented food in the European region and is as popular as the yogurt category. Additionally, it is frequently used as a component in scones, cakes, cookies, biscuits, and donuts. Consumer preference and industrial uses for sour cream without dairy have changed due to the European region's expanding market for dairy substitutes.

Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: SOUR CREAM MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

North America Sour Cream market accounts for the second-largest market share. There is a growing market for lactose-free sour cream due to the prevalence of lactose, particularly in North American and European nations. The growing popularity of baked goods and savory foods, which benefit from the lightening properties of lactose-free organic sour cream, is the main factor driving the demand for this product. Further, the US Sour Cream market held the largest market share, and the CANADA Sour Cream market was the fastest-growing market in the European region.

The Asia-Pacific Sour Cream Market is expected to grow at the fastest CAGR from 2022 to 2030. Dairy alternative producers have a sizable window of opportunity thanks to the growing popularity of lactose-free dairy products and their increased availability. The rising demand for fat-free, low-fat, and other sour cream products has also been fueled by consumers' rising cholesterol issues. Moreover, the China Sour Cream market held the largest market share, and the India Sour Cream market was the fastest-growing market in the Asia-Pacific region.

Sour Cream Key Market Players and Competitive Insights

Major market players are spending much on R&D to increase their product lines, which will help the Sour Cream market grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the sour cream industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

Manufacturing locally to reduce operating costs is one of the primary business strategies manufacturers adopt in the Sour Cream industry to benefit clients and expand the market sector. The Sour Cream industry has provided medicine with some of the most significant benefits in recent years. The Sour Cream market major player such as Laiterie Chalifoux Inc. (Canada), Cabot Creamery Cooperative Inc. (US), Uelzena Ingredients (Germany), Organic Valley (US), Daisy Brand LLC (US), Meggle (Bosnia and Herzegovina), Dean Foods (US) and others are working on expanding the market demand by investing in research and development activities.

Dean Foods (US) was the largest dairy company in the country and an American food and beverage company. The company produced milk, ice cream, dairy goods, cheese, juice, and teas. Under several regional and national brands, it processed milk in the United States. With its main office in Dallas, Texas, it kept facilities and distributors here.

Also, Vermont Creamery (US) We are a group of Vermonters working together to produce the best dairy products we can. We put in much effort to make everything we make perfect as a close-knit group of makers. You'll never consume anything that we don't approve of. We take all possible measures to ensure our products accurately reflect our mission. In our capacity as a B Corporation, we are committed to advancing social accountability and environmental sustainability.

Key Companies in the Sour Cream market include

• Laiterie Chalifoux Inc. (Canada)


• Cabot Creamery Cooperative Inc. (US)


• Uelzena Ingredients (Germany)


• Organic Valley (US)


• Daisy Brand LLC (US)


• Meggle (Bosnia and Herzegovina)


• Dean Foods (US)


• Praiincludes Dairy (US)


• Only plant-based (US)


• HP Hood LLC (US)


• Kraft Heinz Company (US)


• Saputo Inc. (Canada)


• Vermont Creamery (US)

Sour Cream Industry Developments

November 2020: In Birmingham, a company called Only Plant Based produced vegan mayo, sour cream, and dressings now available in stores nationwide. Rapeseed oil, spirit vinegar, vegetables, and spices are among the ingredients the plant-based company uses to make its condiments, including ranch, sour cream, chipotle mayo, and garlic mayo.

November 2020: Lactose-free sour cream, cottage cheese, and a pouch of traditional sour cream were all introduced by Good Culture in August 2021. Each serving of cottage cheese contains 14 grams of protein and is made with five ingredients: milk from pasture-raised cows, sea salt, live and active cultures, and lactase enzyme.

September 2020: Kate Hill introduced several new product lines, such as Kate Hill Blissful, a line of delectable yogurts made with coconut, and Kate Hill Sour Cream Alternative, a product made with a special combination of creamy coconut and almond milk.

Sour Cream Market Segmentation

Sour Cream Category Outlook

• Organic


• Conventional

Sour Cream Packaging Type Outlook

• Bottles


• Tubs/Cups


• Squeezers


• Others

Sour Cream Distribution Channel Outlook

• Store-based


• Non-store based

Sour Cream Regional Outlook