Whipping Cream Powder Market Size Worth $ 1,804.10 Million By 2032 | CAGR: 7.5%

Whipping Cream Powder Market Size Worth $ 1,804.10 Million By 2032 | CAGR: 7.5%


The global whipping cream powder market size is expected to reach USD 1,804.10 million by 2032, according to a new study by Polaris Market Research. The report “Whipping Cream Powder Market Share, Size, Trends, Industry Analysis Report, By Source (Dairy, Non-dairy), By Type, By Application, By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Growth of the food-service & hospitality sectors also plays a crucial role in driving the demand for such powder. These sectors require reliable and convenient ingredients to meet high-volume production needs while maintaining product quality. Furthermore, consumer preferences for indulgent and premium food offerings contribute to the demand for whipping cream powder. As consumers seek out rich and luxurious culinary experiences, whipping cream powder provides a way to conveniently achieve creamy and flavorful results.

The market has witnessed the development of innovative powder formulations to cater the specific dietary needs. Non-dairy alternatives, such as coconut or almond-based powder, have gained popularity among consumers who are lactose intolerant or have vegan diets. Specialty options, such as low-fat or sugar-free powder, provide alternatives for health-conscious individuals seeking to limit their intake of certain ingredients. These innovative formulations address the evolving demands of consumers, expanding the market's offerings and appeal.

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It offers several advantages due to its powdered form. One significant benefit is its ability to eliminate the need for refrigeration, making it easy to store and transport. This feature is particularly advantageous for consumers for easy access to fresh cream. Furthermore, the extended shelf life of the powder, as compared to the liquid forms, as it reduces the risk of spoilage & wastage. This longer shelf life makes it a practical choice for the house-holds, food-service establishments, & the baking enthusiasts who may not consume large quantities of cream regularly.

The market has experienced growth due to the increasing popularity of the Western-style desserts & beverages. Whipped cream, a common topping and ingredient in sweet dishes like cakes, pastries, & ice creams, has contributed to the demand for the powder. Its versatility enables it to be used in both traditional and fusion recipes, catering to consumers with diverse tastes and preferences. Food outlets relay on the powdered form for its consistency, stability, & ease of use in several recipes. By incorporating powder into their menu offerings, foodservice businesses can efficiently manage inventory and maintain portion control, enhancing their operational efficiency.

Whipping Cream Powder Market Report Highlights

  • Dairy sources segment garnered the largest share, owing to desired taste profile, and strong cultural preferences
  • Sweetened powder garnered largest share, as it is mostly preferred by the consumers and used widespread
  • The global players include Kraft Heinz, Weikfield, Betty Crocker, Wilton Brands, AussieBlends, Hoosier Hill Farm, and Adams Food

Polaris Market Research has segmented the whipping cream powder market report based on source, powder type, application, and region:

Whipping Cream Powder, Source Outlook (Revenue-USD Million, 2019 - 2032)

  • Dairy
  • Non-dairy

Whipping Cream Powder, Powder Type Outlook (Revenue-USD Million, 2019 - 2032)

  • Sweetened Whipping Cream Powder
  • Unsweetened Whipping Cream Powder

Whipping Cream Powder, Application Outlook (Revenue-USD Million, 2019 - 2032)

  • Bakery & Confectionery
  • Ice cream & Frozen Desserts
  • Beverages
  • Others

Whipping Cream Powder, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Whipping Cream Powder Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 942.58 million

Revenue forecast in 2032

USD 1,804.10 million

CAGR

7.5% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD million/billion and CAGR from 2023 to 2032

Segments covered

By Source, By Powder Type, By Application, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Kraft Heinz, Weikfield, Betty Crocker, Wilton Brands, AussieBlends, Hoosier Hill Farm, Adams Food, Dr. Oetker, Well & Good, and Swiss Bake Ingredients.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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