The Worldwide Whipping Cream Powder Market is Projected to reach USD 1.5 Billion by 2030, at a CAGR of 7.5%

Whipping Cream Powder Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Whipping Cream Powder Market size is expected to reach $1.5 billion by 2030, rising at a market growth of 7.5% CAGR during the forecast period.

The Non-Dairy segment is showcasing a CAGR of 8.4% during (2023 - 2030). The demand for non-dairy substitutes has grown as a result of changing dietary preferences, including lactose intolerance, dairy allergy, vegetarianism, and health consciousness. Non-dairy whipped cream powders, which are frequently created from substances derived from plants, have reduced saturated fat contents and are designed to meet changing customer preferences. The expansion of their application possibilities due to culinary innovation and the creation of premium non-dairy alternatives has increased customer interest.

The Bakery & Confectionery segment acquired maximum revenue share in the Global Whipping Cream Powder Market by Application in 2022 thereby, achieving a market value of $630.8 Million by 2030. The variety, ease of use, stability, longer shelf life as well as affordability of whipping cream powder are responsible for the segment's growth. Whipping cream powder is a flexible ingredient that can be used in a variety of baked goods and confections, including pastries, desserts, cakes, and toppings. It is widely sought-after in various applications due to its capacity to offer stability, texture, and creamy flavor.

The Unsweetened segment has shown the growth rate of 9.1% during (2023 - 2030). Alternatives that enable people to manage the sweetness of their meals are increasingly necessary due to the growing need for dietary flexibility as well as health consciousness. Unsweetened whipped cream powder offers a flexible choice for both savory and sweet dishes, letting the tastes of the other components stand out. Customers can change the sweetness level in accordance with their preferences owing to the customization options it gives.

The Europe market dominated the Global Whipping Cream Powder Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $508.8 Million by 2030. The Asia Pacific market is exhibiting a CAGR of 8% during (2023 - 2030). Additionally, The North America market would showcase a CAGR of 7.1% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/whipping-cream-powder-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Whipping Cream Powder Market Segmentation

By Source

• Dairy
• Non-Dairy

By Application

• Bakery & Confectionery
• Ice-cream & Frozen Desserts
• Beverages
• Others

By Type

• Sweetened
• Unsweetened

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• 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.

Related Reports:

North America Whipping Cream Powder Market Size Report, 2030

• June-2023
• 68 Pages

LAMEA Whipping Cream Powder Market Size Report, 2023-2030

• June-2023
• 78 Pages

Europe Whipping Cream Powder Market Size & Forecast by 2030

• June-2023
• 78 Pages

Asia Pacific Whipping Cream Powder Market Size, Share, 2030

• June-2023
• 78 Pages