Whipping Cream Market by Product and Geography - Forecast and Analysis 2020-2024

  • Published: May 2020
  • Pages: 120
  • SKU: IRTNTR43727
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The whipping cream market size has the potential to grow by USD 673.57 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by product (dairy-based and non-dairy-based) and geography (Europe, North America, APAC, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Agropur cooperative, Arla Foods amba, Conagra Brands Inc., Dairy Farmers of America Inc., DMK Deutsches Milchkontor GmbH, Fonterra Co operative Group Ltd., Land O Lakes Inc., Nestle SA, Royal FrieslandCampina NV, and The Kraft Heinz Co.

Market Overview

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Market Competitive Analysis

The market is fragmented and competitive. The whipping cream manufacturers are adopting organic growth strategies such as launching private label brands to expand the customer base. Agropur cooperative, Arla Foods amba, and Conagra Brands Inc. are some of the major market participants. Although the increasing number of cafes will offer immense growth opportunities, product recalls will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this whipping cream market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this whipping cream market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Agropur cooperative
  • Arla Foods amba
  • Conagra Brands Inc.
  • Dairy Farmers of America Inc.
  • DMK Deutsches Milchkontor GmbH
  • Fonterra Co operative Group Ltd.
  • Land O Lakes Inc.
  • Nestle SA
  • Royal FrieslandCampina NV
  • The Kraft Heinz Co.

Whipping Cream Market: Segmentation by Geography

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Europe was the largest whipping cream market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Wide applications of whipping cream in bakery products and the presence of many established bakers and bakery chains that follow traditional artisanal practices and align with modern-day requirements will significantly drive whipping cream market growth in this region over the forecast period.

41% of the market’s growth will originate from Europe during the forecast period. Germany, France, and the UK are the key markets for whipping cream in Europe. Market growth in this region will be slower than the growth of the market in APAC.

Whipping Cream Market: Segmentation by Product

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Dairy-based whipping cream products are widely used in bakery and foodservice chains such as coffee shops that are growing in number across the globe. Observing the growth scope in the market, vendors are further offering products with improved ingredients and packaging such as pressurized cans. Therefore, market growth by the dairy-based whipping cream will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the whipping cream market size.

Whipping Cream Market: Key Drivers and Trends

A key factor driving the growth of the whipping cream market is the increasing number of cafés. Whipped cream is widely used in beverages such as coffee, milkshakes, iced teas, hot chocolate, and others. Several cafés also offer pastries, cupcakes, waffles, scones, and other food products wherein whipped cream is used as a topping. Furthermore, varied tastes and preferences for premium coffee have further led to the emergence of specialty coffee shops. The growth in infrastructures such as new airports and expressways in developing countries also providing coffee chains with scope for establishing their outlets. These factors will increase the application of whipped cream, driving the global whipping cream market share growth.

  • The preference for natural and organic products such as organic whipping cream is increasing, which is identified as one of the key whipping cream market trends.
  • Consumers are trying to curb their intake of food that contains chemical pesticides and fertilizers. The raw materials used to manufacture organic whipping cream are organically produced, which means that only organic fertilizers and pesticides are used to produce them.
  • The growing awareness of the health benefits of organic products is a significant factor that will drive the demand for organic whipping cream during the forecast period.
  • Consumers in developed countries such as the US, Italy, France, and Germany are purchasing organic products at higher prices than conventional products.
  • Along with the rising demand for organic whipping cream, other factors such as the emergence of private label brands, new innovative and flavored whipping creams, new product launches, and the expansion in the retail landscape are expected to boost the global whipping cream market growth.
  • The market is expected to post a CAGR of over 4% during the forecast period.

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Whipping Cream Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive whipping cream market growth during the next five years
  • Precise estimation of the whipping cream market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the whipping cream industry across Europe, North America, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of whipping cream market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Dairy-based - Market size and forecast 2019-2024
  • Non-dairy-based - Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Agropur cooperative
  • Arla Foods amba
  • Conagra Brands Inc.
  • Dairy Farmers of America Inc.
  • DMK Deutsches Milchkontor GmbH
  • Fonterra Co-operative Group Ltd.
  • Land O Lakes Inc.
  • Nestle SA
  • Royal FrieslandCampina NV
  • The Kraft Heinz Co.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The whipping cream market growth will increase by $673.57 million during 2019-2024.
The whipping cream market is expected to grow at a CAGR of 4.22% during 2019-2024.
Technavio has segmented the whipping cream market by product (Dairy-based and Non-dairy-based) and geographic (Europe, North America, APAC, South America, and MEA).
Agropur cooperative, Arla Foods amba, Conagra Brands Inc., Dairy Farmers of America Inc., DMK Deutsches Milchkontor GmbH, Fonterra Co operative Group Ltd., Land O Lakes Inc., Nestle SA, Royal FrieslandCampina NV, The Kraft Heinz Co. are a few of the key vendors in the whipping cream market.
Europe will register the highest growth rate of 40.58% among the other regions. Therefore, the whipping cream market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the whipping cream market growth are:
  • Increasing number of cafes
The whipping cream market vendors should focus on grabbing business opportunities from the dairy-based segment as it accounted for the largest market share in the base year.
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