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Whipping Cream Market Analysis

  • Report ID: GMI6983
  • Published Date: Nov 2024
  • Report Format: PDF

Whipping Cream Market Analysis

Based on source the market is segmented into dairy and non-dairy. Dairy segment made about USD 6.2 billion in revenue in 2024. Dairy-based whipping cream is a traditional and flexible ingredient used in many recipes. It works well in both sweet and savory dishes, making it a favorite among consumers and chefs. The dairy segment has also grown due to new niche products like premium and organic whipping creams that meet specific consumer needs.
 

Whipping Cream Market Revenue Share, By Type, (2024)

Based on type, the whipping cream market is segmented into fresh and premix. The fresh segment held 62.3% of the market share in 2024. Fresh whipping cream is highly valued for its superior quality, rich texture, and indulgent taste, which is difficult to replicate with shelf-stable or non-dairy substitutes. The creamy flavor and versatility in culinary applications make fresh whipping cream the preferred choice for consumers who prioritize taste and authenticity in their cooking. This preference is especially strong in premium and high-end products, where the natural, fresh taste of cream enhances the overall flavor experience.
 

Based on end use, the market is segmented into bakery and confectionery, desserts, beverages and others. In 2024, the bakery and confectionery segment led the global whipping cream industry, with expected revenue of USD 4.6 billion. Whipping cream is essential in cakes, pastries, and chocolates, improving their texture, richness, and look.
 

High-end bakeries and patisseries use whipping cream to create premium products that attract consumers looking for indulgence. The demand for cream-based fillings, frostings, and toppings highlights the importance of whipping cream in new bakery and confectionery recipes. This segment's steady growth is driven by higher disposable incomes and a trend towards premium desserts.
 

Based on distribution channel the whipping cream market is segmented into hypermarkets/supermarkets, specialty stores, online and others. hypermarkets and supermarkets accounted for 34.5% of market share in 2024. Professional bakers and pastry chefs are always creating new desserts that use whipping cream in different ways. These new desserts increase the demand for high-quality whipping cream to get the right textures and flavors. Additionally, the demand for gourmet and artisanal bakery and confectionery products is growing. Consumers are willing to pay more for high-quality, handcrafted desserts that often use fresh whipping cream for better taste and texture.
 

U.S. Whipping Cream Market Size, 2021-2034 (USD Billion)

U.S. whipping cream market size dominated around USD 3 billion in 2024. This growth is mainly due to high demand in bakery, confectionery, and dessert applications, especially in premium segments. Consumers' preference for high-quality and indulgent foods has boosted sales in grocery and foodservice sectors, where whipping cream is often used for cakes, pastries, and specialty beverages. Additionally, health-conscious consumers are exploring plant-based and low-fat alternatives, adding variety to the market.
 

In North America, the U.S. leads in driving whipping cream demand. The region benefits from strong foodservice channels and a robust retail sector, making whipping cream products easily accessible for various uses. The Canadian and Mexican markets are also growing, with demand rising due to urbanization and an expanding foodservice industry. North America's increasing interest in premium and plant-based options supports steady market growth.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of whipping cream reached USD 8.4 billion in 2024 and is set to grow at a 5.6% CAGR from 2025 to 2034, driven by increasing demand for premium bakery and dessert products.

The dairy segment generated approximately USD 6.2 billion in revenue in 2024, owing to the introduction of niche products like premium and organic whipping creams.

The U.S. market was valued at around USD 3 billion in 2024, led by high demand in bakery, confectionery, and dessert applications, particularly in premium segments.

The key players in the industry include Amul, Arla Foods, Conagra Brands, Dairy Farmers of America, Fonterra, FrieslandCampina, Lactalis International, Land O'Lakes, Saputo, SwissBake, and Tropilite Foods.

Whipping Cream Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 11
  • Tables & Figures: 240
  • Countries covered: 18
  • Pages: 210
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