Whipping Cream Market Overview
As per MRFR analysis, the Whipping Cream Market Size was estimated at 1.79 (USD Billion) in 2022.The Whipping Cream Market Industry is expected to grow from 1.86(USD Billion) in 2023 to 2.6 (USD Billion) by 2032. The Whipping Cream Market CAGR (growth rate) is expected to be around 3.81% during the forecast period (2024 - 2032).
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Whipping Cream Market Trends Highlighted
Rising demand for  whipped cream can be attributed to rising consumer inclination for decadent desserts and ready to eat foods. The low-fat and sugar-free variants of whipped cream are thriving, thanks to congestion-conscious buyers. In addition, the growing interest in home baking, domestication of cooking shows has added more volume to the market.
Among the key market drivers which is noted is the growing middle class in the emerging economy markets, higher disposable income levels and the changing eating patterns. Market opportunities are available for growth in online selling and embracing innovative flavors and packaging.
The recent trends in the whipped creams products are those characterized with use of natural ingredients and organic structures, addition of effective probiotics components and the introduction of vegetarian whipped cream. In order to find these opportunities, producers are working on product ESA, ecology and health and wellness for the consumers.
Whipping Cream Market Drivers
Rising Demand for Convenience Foods
Convenience foods are turning into one of the factors positively influencing the development of the  whipping cream market. A busy lifestyle and the lack of time are leading to the growing demand for pre-packed and ready-to-eat food products from consumers across the world. Whipping cream is being used across different food applications, from various desserts to baked goods and beverages. As a result, this product can be seen as a fitting ingredient for almost any convenience product.In addition, the fast pace of life is being viewed as an existing trend likely to continue developing in that direction in the nearest future. Overall, consuming convenience foods is becoming the popular way of getting a meal, thus, impacting the whipping cream market positively.
Increasing Popularity of Plant-Based Whipping Cream
Another major factor having a positive effect on the  whipping cream market is the increasing popularity of plant-based diets. The rising awareness of people of the benefits for health and the environment has led to the rising demand for such products as whipping cream, which are consumed by a great number of people all over the world. Also, the taste of plant-based whipping cream made from plant-based milks, such as almond, coconut, or soy milk, is similar to that of the traditional product.These two factors combined are expected to work towards the further positive development of the whipping cream market.
Expansion of the Foodservice Industry
The expansion of the foodservice industry is also growing the whipping cream market across the globe. Whipping cream is generally used in a wide range of food services including dessert, beverages, and sauces. Growth of foodservice industry is being driven by growing quick-service restaurant and increasing penetration of food delivery service. And hence, over the coming years, expanding foodservice industry is expected to contribute to increasing demand for whipping cream which will, in turn, drive the  whipping cream market.
Whipping Cream Market Segment Insights
Whipping Cream Market Type Insights
The Whipping Cream Market is segmented by Type into Heavy Whipping Cream, Light Whipping Cream, Whipped Toppings, Non-Dairy Whipping Cream, and Other. Heavy Whipping Cream Heavy whipping cream is the most popular type of whipping cream, accounting for over 50% of the  Whipping Cream Market revenue in 2023. It is made with a high percentage of butterfat (36% or more) and is ideal for making whipped cream, frosting, and other desserts that require a firm texture. Light Whipping Cream Light whipping cream has a lower butterfat content (30-35%) than heavy whipping cream, making it less thick and easier to whip.It is often used in recipes that call for a lighter texture, such as mousses and sauces. Whipped Toppings Whipped toppings are made with a combination of cream, sugar, and stabilizers. They are sold in pressurized cans and are convenient for quick and easy desserts. Whipped toppings are popular for use on cakes, pies, and other desserts that require a light and airy texture. Non-Dairy Whipping Cream Non-dairy whipping cream is made with plant-based ingredients, such as coconut milk or soy milk, and is a popular alternative for vegans and those with dairy allergies.It has a similar texture and taste to dairy-based whipping cream and can be used in the same way. Other The "Other" segment includes flavored whipping creams, such as chocolate or vanilla, and specialty whipping creams, such as those made with organic or grass-fed milk. These products cater to specific consumer preferences and are growing in popularity. The  Whipping Cream Market is expected to grow significantly in the coming years, driven by increasing consumer demand for convenience foods and desserts. Whipping cream is a versatile ingredient that can be used in a variety of applications, making it a valuable product for both food manufacturers and consumers.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Whipping Cream Market Fat Content Insights
Segmentation by the Fat Content of the  Whipping Cream Market is crucial to comprehend the industry in general. Regular fat content captures a sufficient portion of the market as consumers are eager to enrich their taste bud experience with a richer flavour and texture. Light fat content appeals to those who want to compromise their taste with fewer calories. Ultra-Light fat content is directed to perform the needs of customers with specific dietary restrictions and preferences. Non-Fat fat content has become popular with health-conscious consumers as this product appears to be calorie free.Over the following ten years, the  Whipping Cream Market revenue for these segments will increase significantly.
Whipping Cream Market Container Insights
The Whipping Cream Market is segmented based on container type into metal can, plastic tub, tetra pak, and others. Among these, the metal can segment held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period. The growing popularity of metal cans in the packaging of whipped cream can be attributed to their durability, recyclability, and ability to preserve the freshness and flavor of the product. Plastic tubs and Tetra Paks are also gaining traction due to their lightweight, convenience, and cost-effectiveness.As a result, the  Whipping Cream Market is expected to witness steady growth across all container types in the coming years.
Whipping Cream Market Application Insights
The application segment plays a crucial role in shaping the  Whipping Cream Market. Baking, desserts, beverages, savory dishes, and other applications drive the market growth. In 2023, the baking segment held the largest market share due to the extensive use of whipping cream in cakes, pastries, and other baked goods. The desserts segment is projected to witness significant growth owing to the rising popularity of mousses, puddings, and ice creams. The beverages segment is expected to grow steadily, driven by the increasing consumption of coffee and tea-based beverages.Savory dishes, such as soups, sauces, and pasta dishes, also contribute to the market growth. The 'other' applications include whipped toppings, frostings, and fillings, which are gaining traction in the food industry.
Whipping Cream Market Distribution Channel Insights
The Whipping Cream Market is segmented into various distribution channels, including supermarkets and hypermarkets, convenience stores, online retail, foodservice, and other channels. Supermarkets and hypermarkets are expected to hold a significant share of the market due to their wide product offerings and established customer base. Convenience stores are also gaining popularity, especially for smaller pack sizes and immediate consumption. Online retail is witnessing steady growth as consumers increasingly prefer the convenience and variety offered by e-commerce platforms.The foodservice segment encompasses restaurants, cafes, and bakeries, which utilize whipping cream extensively in their preparations. Other channels include specialty stores, independent retailers, and direct-to-consumer sales.
Whipping Cream Market Regional Insights
The Whipping Cream Market segmentation by region comprises North America, Europe, Asia-Pacific, South America, and the Middle East Africa. In 2023, North America dominated the  Whipping Cream Market revenue, accounting for over 35% of the market. Europe stood as the second-largest regional market, capturing around 30% of the  market share. The Asia-Pacific region is projected to witness the fastest growth over the forecast period, owing to the increasing demand for whipping cream in the food and beverage industry. The region is expected to contribute significantly to the  Whipping Cream Market growth, reaching a market size of USD 950 million by 2024.South America and the Middle East Africa are anticipated to grow steadily, driven by the expanding food processing sector and rising disposable incomes.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Whipping Cream Market Key Players And Competitive Insights
In the Whipping Cream Market major players are continuously developing new product launches, and increasing their geographical presence with the help of new production and distribution facilities. Whipping Cream Market is driven by increasing demand for convenience food products and the popularity of baking and pastry. Whipping Cream Market Competitive Landscape includes both  and regional players. Key industry participants in the market include Unilever, Nestlé, Danone. Unilever is a leading FMCG Company with a strong presence in the market. The company offers a wide range of Wipping Cream products under the brands such as Hellmann’s, and Best Foods. Unilever has a strong distribution network and presence in  market which gives an upper hand to the company in WHipping Cream Market. Unilever is also increasing its presence in the market by increasing its research and development activities. Nestlé, on the other hand is another leading FMCG company in the market. The company offers wide range of whipping cream products under the brands such as Carnation, and Coffee mate. Nestlé has a strong distribution network and presence in  market which gives an upper hand to the company in WHipping Cream Market. The company is also increasing its presence in WHipping Cream Market by increasing its research and development activities and new and innovative whipping cream products.
Key Companies in the Whipping Cream Market Include
- Arla Foods
- The Kraft Heinz Company
- Schreiber Foods
- Dairy Farmers of America
- FrieslandCampina
- Nestle
- Fonterra
- Lactalis Group
- Savencia Fromage Dairy
- BelGioioso Cheese
- Tata Consumer Products
- Stonyfield Organic
- Weich
- Parmalat SpA
- Land O'Lakes
Whipping Cream Market Industry Developments
The  whipping cream market is anticipated to grow significantly from 2023 to 2032. In 2023, the market was valued at USD 1.86 billion, and it is projected to reach USD 2.6 billion by 2032, exhibiting a CAGR of 3.81% during the forecast period. The increasing demand for whipping cream in the food and beverage industry, particularly in the bakery and confectionery sectors, is driving the market growth.Recent news developments in the whipping cream market include the launch of innovative whipping cream products by major manufacturers. For instance, in 2023, Nestle launched a new line of plant-based whipping cream made from coconut milk. This product caters to the growing demand for vegan and dairy-free alternatives. Additionally, advancements in packaging technology are enabling manufacturers to extend the shelf life of whipping cream, reducing spoilage and waste.
Whipping Cream Market Segmentation Insights
Whipping Cream Market Type Outlook
- Heavy Whipping Cream
- Light Whipping Cream
- Whipped Toppings
- Non-Dairy Whipping Cream
- Other
Whipping Cream Market Fat Content Outlook
- Regular (30-36%)
- Light (25-29%)
- Ultra Light (15-19%)
- Non-Fat (0%)
Whipping Cream Market Container Outlook
- Metal Can
- Plastic Tub
- Tetra Pak
- Other
Whipping Cream Market Application Outlook
- Baking
- Desserts
- Beverages
- Savory Dishes
- Other
Whipping Cream Market Distribution Channel Outlook
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retail
- Foodservice
- Other
Whipping Cream Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
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Report Attribute/Metric
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Details
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Market Size 2022
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1.79(USD Billion)
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Market Size 2023
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1.86(USD Billion)
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Market Size 2032
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2.6(USD Billion)
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Compound Annual Growth Rate (CAGR)
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3.81% (2024 - 2032)
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Report Coverage
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Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
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Base Year
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2023
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Market Forecast Period
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2024 - 2032
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Historical Data
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2019 - 2023
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Market Forecast Units
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USD Billion
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Key Companies Profiled
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Arla Foods, The Kraft Heinz Company, Schreiber Foods, Dairy Farmers of America, FrieslandCampina, Nestlé, Fonterra, Lactalis Group, Savencia Fromage Dairy, BelGioioso Cheese, Tata Consumer Products, Stonyfield Organic, Weich, Parmalat SpA, Land O'Lakes
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Segments Covered
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Type, Fat Content, Container, Application, Distribution Channel, Regional
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Key Market Opportunities
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Growing demand for plant-based alternatives Increasing consumption in bakery and confectionery Rising health awareness among consumers Expanding application in molecular gastronomy Innovations in flavor and texture
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Key Market Dynamics
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Rising demand for convenience foods Growing awareness of health benefits Increasing consumption in bakery and confectionery
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Countries Covered
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North America, Europe, APAC, South America, MEA
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Frequently Asked Questions (FAQ) :
The whipping cream market is expected to reach USD 2.6 billion by 2032, growing at a CAGR of 3.81% from 2024 to 2032.
North America is the largest consumer of whipping cream, accounting for over 35% of the market.
The key applications of whipping cream include desserts, beverages, and savory dishes.
The major competitors in the whipping cream market include Fonterra, Lactalis, Dairy Farmers of America, and Arla Foods.
The key factors driving the growth of the whipping cream market include rising disposable income, changing consumer preferences, and increasing demand for convenience foods.
The key challenges facing the whipping cream market include fluctuating raw material prices, intense competition, and changing regulatory landscapes.
The key opportunities for growth in the whipping cream market include expanding into emerging markets, developing new product innovations, and targeting specific consumer segments.
The key trends in the whipping cream market include the growing popularity of plant-based whipping cream, the increasing demand for low-fat and sugar-free whipping cream, and the rising popularity of whipping cream in savory dishes.
The future outlook for the whipping cream market is positive, with increasing demand for whipping cream in both developed and emerging markets.
