The Latin America, Middle East and Africa Whipping Cream Powder Market would witness market growth of 10.0% CAGR during the forecast period (2023-2030).
The population is growing significantly as the out-of-home consumption habit changes. Manufacturers face particular difficulties as a result of consumers' propensity to "enjoy food away from home." All moments when a consumer appreciates a good outside the home are considered out-of-home consumption. This has propelled a substantial expansion of food outlets in many nations, leading to the growth of the food and beverages industry.
Additionally, due to its connection to tourism and increased potential impact on a variety of culinary goods, desserts, and sweets, the HoReCa sector is expanding, which is also boosting demand for whipped cream powder. The increasing migration of tourists to any region aids in the strengthening of the regional industries. The demand for whipped cream powder is also being fueled by the creation of low-fat as well as fat-free products as customers become more health-conscious and search for healthier eating options. Overall, a number of reasons are driving up demand for whipping cream powder, and those trends are likely to continue in the future.
In Latin America, the hotel sector has grown significantly over the previous five years, and this trend seems certain to continue in 2018. While Latin America's diversity and natural resources are some of the region's tourism growth, governments have consistently worked to advance the industry, which is mostly responsible for the region's advancement. The development of regulations has also benefited tourism. For instance, Colombia successfully attracted significant investment to the hotel sector after establishing tax incentives and bringing about regional stability. International hotel companies have boosted their presence in the region and made significant investments in their Latin American hotel pipelines, including Hilton, Marriott, and Hyatt. Hence, the regional market will grow favorably throughout the forecast period because of the aforementioned elements.
The Brazil market dominated the LAMEA Whipping Cream Powder Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $33.5 Million by 2030. The Argentina market is experiencing a CAGR of 10.6% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 9.7% during (2023 - 2030).
Based on Source, the market is segmented into Dairy, and Non-Dairy. Based on Application, the market is segmented into Bakery & Confectionery, Ice-cream & Frozen Desserts, Beverages, and Others. Based on Type, the market is segmented into Sweetened, and Unsweetened. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Whipping Cream Powder Market is Projected to reach USD 1.5 Billion by 2030, at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Kraft Heinz Company, The Food Source International, Inc, weikfield foods pvt. Ltd., General Mills, Inc. (Betty Crocker), AussieBlends LLC, Dr. August Oetker KG, Yaffa's Kitchen Pty Ltd, Hoosier Hill Farm LLC (Saco Foods), Royal FrieslandCampina N.V. and Swiss Bake Ingredients Pvt. Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Source
By Application
- Bakery & Confectionery
- Ice-cream & Frozen Desserts
- Beverages
- Others
By Type
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- The Kraft Heinz Company
- The Food Source International, Inc
- weikfield foods pvt. Ltd.
- General Mills, Inc. (Betty Crocker)
- AussieBlends LLC
- Dr.August Oetker KG
- Yaffa's Kitchen Pty Ltd
- Hoosier Hill Farm LLC (Saco Foods)
- Royal FrieslandCampina N.V.
- Swiss Bake Ingredients Pvt. Ltd.
TABLE 1 LAMEA Whipping Cream Powder Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Whipping Cream Powder Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Whipping Cream Powder Market by Source, 2019 - 2022, USD Million
TABLE 4 LAMEA Whipping Cream Powder Market by Source, 2023 - 2030, USD Million
TABLE 5 LAMEA Dairy Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Dairy Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Non-Dairy Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Non-Dairy Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Whipping Cream Powder Market by Application, 2019 - 2022, USD Million
TABLE 10 LAMEA Whipping Cream Powder Market by Application, 2023 - 2030, USD Million
TABLE 11 LAMEA Bakery & Confectionery Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Bakery & Confectionery Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Icecream & Frozen Desserts Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Icecream & Frozen Desserts Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Beverages Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Beverages Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Whipping Cream Powder Market by Type, 2019 - 2022, USD Million
TABLE 20 LAMEA Whipping Cream Powder Market by Type, 2023 - 2030, USD Million
TABLE 21 LAMEA Sweetened Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Sweetened Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Unsweetened Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Unsweetened Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Whipping Cream Powder Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Whipping Cream Powder Market by Country, 2023 - 2030, USD Million
TABLE 27 Brazil Whipping Cream Powder Market, 2019 - 2022, USD Million
TABLE 28 Brazil Whipping Cream Powder Market, 2023 - 2030, USD Million
TABLE 29 Brazil Whipping Cream Powder Market by Source, 2019 - 2022, USD Million
TABLE 30 Brazil Whipping Cream Powder Market by Source, 2023 - 2030, USD Million
TABLE 31 Brazil Whipping Cream Powder Market by Application, 2019 - 2022, USD Million
TABLE 32 Brazil Whipping Cream Powder Market by Application, 2023 - 2030, USD Million
TABLE 33 Brazil Whipping Cream Powder Market by Type, 2019 - 2022, USD Million
TABLE 34 Brazil Whipping Cream Powder Market by Type, 2023 - 2030, USD Million
TABLE 35 Argentina Whipping Cream Powder Market, 2019 - 2022, USD Million
TABLE 36 Argentina Whipping Cream Powder Market, 2023 - 2030, USD Million
TABLE 37 Argentina Whipping Cream Powder Market by Source, 2019 - 2022, USD Million
TABLE 38 Argentina Whipping Cream Powder Market by Source, 2023 - 2030, USD Million
TABLE 39 Argentina Whipping Cream Powder Market by Application, 2019 - 2022, USD Million
TABLE 40 Argentina Whipping Cream Powder Market by Application, 2023 - 2030, USD Million
TABLE 41 Argentina Whipping Cream Powder Market by Type, 2019 - 2022, USD Million
TABLE 42 Argentina Whipping Cream Powder Market by Type, 2023 - 2030, USD Million
TABLE 43 UAE Whipping Cream Powder Market, 2019 - 2022, USD Million
TABLE 44 UAE Whipping Cream Powder Market, 2023 - 2030, USD Million
TABLE 45 UAE Whipping Cream Powder Market by Source, 2019 - 2022, USD Million
TABLE 46 UAE Whipping Cream Powder Market by Source, 2023 - 2030, USD Million
TABLE 47 UAE Whipping Cream Powder Market by Application, 2019 - 2022, USD Million
TABLE 48 UAE Whipping Cream Powder Market by Application, 2023 - 2030, USD Million
TABLE 49 UAE Whipping Cream Powder Market by Type, 2019 - 2022, USD Million
TABLE 50 UAE Whipping Cream Powder Market by Type, 2023 - 2030, USD Million
TABLE 51 Saudi Arabia Whipping Cream Powder Market, 2019 - 2022, USD Million
TABLE 52 Saudi Arabia Whipping Cream Powder Market, 2023 - 2030, USD Million
TABLE 53 Saudi Arabia Whipping Cream Powder Market by Source, 2019 - 2022, USD Million
TABLE 54 Saudi Arabia Whipping Cream Powder Market by Source, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Whipping Cream Powder Market by Application, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia Whipping Cream Powder Market by Application, 2023 - 2030, USD Million
TABLE 57 Saudi Arabia Whipping Cream Powder Market by Type, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Whipping Cream Powder Market by Type, 2023 - 2030, USD Million
TABLE 59 South Africa Whipping Cream Powder Market, 2019 - 2022, USD Million
TABLE 60 South Africa Whipping Cream Powder Market, 2023 - 2030, USD Million
TABLE 61 South Africa Whipping Cream Powder Market by Source, 2019 - 2022, USD Million
TABLE 62 South Africa Whipping Cream Powder Market by Source, 2023 - 2030, USD Million
TABLE 63 South Africa Whipping Cream Powder Market by Application, 2019 - 2022, USD Million
TABLE 64 South Africa Whipping Cream Powder Market by Application, 2023 - 2030, USD Million
TABLE 65 South Africa Whipping Cream Powder Market by Type, 2019 - 2022, USD Million
TABLE 66 South Africa Whipping Cream Powder Market by Type, 2023 - 2030, USD Million
TABLE 67 Nigeria Whipping Cream Powder Market, 2019 - 2022, USD Million
TABLE 68 Nigeria Whipping Cream Powder Market, 2023 - 2030, USD Million
TABLE 69 Nigeria Whipping Cream Powder Market by Source, 2019 - 2022, USD Million
TABLE 70 Nigeria Whipping Cream Powder Market by Source, 2023 - 2030, USD Million
TABLE 71 Nigeria Whipping Cream Powder Market by Application, 2019 - 2022, USD Million
TABLE 72 Nigeria Whipping Cream Powder Market by Application, 2023 - 2030, USD Million
TABLE 73 Nigeria Whipping Cream Powder Market by Type, 2019 - 2022, USD Million
TABLE 74 Nigeria Whipping Cream Powder Market by Type, 2023 - 2030, USD Million
TABLE 75 Rest of LAMEA Whipping Cream Powder Market, 2019 - 2022, USD Million
TABLE 76 Rest of LAMEA Whipping Cream Powder Market, 2023 - 2030, USD Million
TABLE 77 Rest of LAMEA Whipping Cream Powder Market by Source, 2019 - 2022, USD Million
TABLE 78 Rest of LAMEA Whipping Cream Powder Market by Source, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Whipping Cream Powder Market by Application, 2019 - 2022, USD Million
TABLE 80 Rest of LAMEA Whipping Cream Powder Market by Application, 2023 - 2030, USD Million
TABLE 81 Rest of LAMEA Whipping Cream Powder Market by Type, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Whipping Cream Powder Market by Type, 2023 - 2030, USD Million
TABLE 83 Key Information – Swiss Bake Ingredients Pvt. Ltd.
TABLE 84 Key Information – AussieBlends LLC
TABLE 85 Key Information – The Food Source International, Inc.
TABLE 86 Key Information – Weikfield foods pvt. Ltd.
TABLE 87 Key Information – Yaffa's Kitchen Pty Ltd
TABLE 88 Key Information – General Mills, Inc.
TABLE 89 Key Information – Hoosier Hill Farm LLC
TABLE 90 Key Information – The Kraft Heinz Company
TABLE 91 Key Information – Dr. August Oetker KG
TABLE 92 Key Information – Royal FrieslandCampina N.V.
LIST OF FIGURES
FIG 1 Methodology for the research
FIG 2 LAMEA Whipping Cream Powder Market share by Source, 2022
FIG 3 LAMEA Whipping Cream Powder Market share by Source, 2030
FIG 4 LAMEA Whipping Cream Powder Market by Source, 2019 - 2030, USD Million
FIG 5 LAMEA Whipping Cream Powder Market share by Application, 2022
FIG 6 LAMEA Whipping Cream Powder Market share by Application, 2030
FIG 7 LAMEA Whipping Cream Powder Market by Application, 2019 - 2030, USD Million
FIG 8 LAMEA Whipping Cream Powder Market share by Type, 2022
FIG 9 LAMEA Whipping Cream Powder Market share by Type, 2030
FIG 10 LAMEA Whipping Cream Powder Market by Type, 2019 - 2030, USD Million
FIG 11 LAMEA Whipping Cream Powder Market share by Country, 2022
FIG 12 LAMEA Whipping Cream Powder Market share by Country, 2030
FIG 13 LAMEA Whipping Cream Powder Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: The Kraft Heinz Company