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Whipping Cream Market size was valued at USD 7.6 billion in 2022 and is anticipated to register a CAGR of over 5.5% between 2023 and 2032. Consumer demand for convenience and quality plays a significant role in driving the market size. Many consumers prefer ready-made whipping cream for desserts and coffee, this in turn, is attributing to the market growth.
In addition, the growth of the bakery and confectionery industry is a major driver for the market. Whipping cream is a crucial ingredient in making cakes, pastries, and other desserts.
Report Attribute | Details |
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Base Year: | 2022 |
Whipping Cream Market Size in 2022: | USD 7.6 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 5.5% |
2032 Value Projection: | USD 13 Billion |
Historical Data for: | 2018 - 2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 322 |
Segments covered: | Type, End-use, Distribution Channel, Source |
Growth Drivers: |
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There are alternatives to traditional whipping cream, including non-dairy options like coconut cream or almond-based products. Competition from these alternatives can restrain market demand. In addition, Whipping cream is high in saturated fat and calories, which can deter health-conscious consumers from using it, especially in large quantities.