This report describes the global market size of Whipping Cream Powder Size, Share & Trends Report Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 7.6% from 2023 to 2030.
Whipping cream powder is whipped cream made from vegetables that may be used to make spreadable toppings or whipping cream for cakes and confectionary items.It is a cream-colored, free-flowing powder that works well in place of UHT whipped cream.Many different culinary products, such as baked goods, candies, and frozen desserts, use whipping cream powder. In cake mixes, pastries, cookies, mousses, ice creams, and other sweets, it serves as a crucial component.
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Whipping Cream Powder Market Size, Share & Trends Report Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 7.6 % during the forecast period 2023-2030. North American market for Whipping Cream Powder Market Size, Share & Trends Report Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of XX% during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
Middle East and Africa
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Whipping Cream Powder Market Size, Share & Trends Report Market as well as some small players. The information for each competitor include:
Main Business Information
Sales Volume, Revenue, Price and Gross Margin
With a market share of 74.8%, in 2022, the dairy source category dominated the industry. Many people prefer the flavour and familiarity of whipping cream powder made from dairy. It offers a flavour that is rich and creamy and is similar to that of conventional dairy products. Furthermore, the current dairy sector has built a solid infrastructure for dairy production, processing, and transportation, making dairy-based whipped cream powder widely accessible on the market. Whipping cream's traditional major source is dairy, which has also long been favoured by cultural preferences and culinary customs.The fastest CAGR of 8.3% is anticipated for non-dairy sources between 2023 and 2030 as a result of consumers' shifting dietary choices.
Due to customer choice and shelf stability, the sweetened whipping cream powder category held the majority of the market share with 66.7 percent of total revenue in 2022. Many customers who appreciate the extra sweetness in their whipped cream are catered to in terms of taste preferences. The flavour profile is improved by the addition of sugar or sweeteners, making it an appealing option for topping pastries, drinks, and other sweet delicacies. In especially in busy or professional environments, the simplicity it provides by mixing the cream and sweetener in a one product saves customers time and effort. Another benefit of powdered sweetened whipped cream is that it keeps well on the shelf.
Bakery & Confectionery
Due to the variety, ease of use, stability, affordability, and extended shelf life of whipping cream powder, the bakery & confectionery category had the lion's share of the market in 2022 with a share of 46.5%. Cakes, pastries, desserts, and toppings are just a few of the bakery and confectionery creations that employ the versatile ingredient whipping cream powder. It is widely coveted in these applications because it may offer texture, stability, and a creamy flavour.
Middle East & Africa
With a revenue share of 33.1% in 2022, the Europe area led the market thanks to its long dairy traditions, culinary traditions, high-quality goods, effective distribution systems, and ongoing product innovation. In 2022, the German market held the largest revenue share (16.54%).From 2023 to 2030, the Asia-Pacific area is anticipated to expand at a CAGR of 8.1%. The demand for whipped cream powder in the region has risen due to shifting consumer tastes and the adoption of Western cuisine trends, particularly in convenience meals, desserts, and bakery goods.
Wilton Brands LLC
Well & Good
Hoosier Hill Farm
Adams Food Ingredients Ltd.
Swiss Bake Ingredients Pvt.
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Base Year: 2022
Historical Data: from 2018 to 2021
Forecast Data: from 2023 to 2030
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