Whipping Cream Market Size, Share, Growth, Price Trends and Industry Analysis Report, 2019 to 2025
The global whipping cream market size was valued at USD 5.98 billion in 2018 and is projected to expand further at a CAGR of 8.1% from 2019 to 2025.
(firmenpresse) - The global whipping cream market size is expected to reach USD 10.35 billion by 2025 registering a CAGR of 8.1%, according to a new report by Grand View Research, Inc. Rising consumption of foods, such as pies, ice creams, cupcakes and cakes, puddings, scones, milkshakes, hot chocolate, espresso drinks, and coffee drinks, is expected to remain a favorable factor for the market growth.
Furthermore, rising awareness about the health benefits of whipping creams, such as improved bone health and immune system, due to the presence of vitamins A, D, E, K, and choline. Companies are investing more in product development to increase their market share. For instance, in August 2018, Kraft Heinz partnered with Hershey’s and launched Milk Chocolate Dairy Whipped Topping and Peanut Butter Cup Dairy Whipped Toppings.
In Feb 2019, Amazon launched new private label Happy Belly brand in its dairy and beverage product line. Under this brand umbrella, the company will sell numerous product variants including half and half, heavy whipping cream and dairy whipped topping. In March 2019, DuPont Nutrition & Heath launched Grindsted WP 300 Flexwhip, a sugar-free non-dairy whipping cream. In May 2019, Gay Lea, a Canadian milk and dairy products company, launched a new non-dairy vegan real coconut whipped cream.
Further key findings from the study suggest:
•The dairy product segment accounted for the largest market share of more than 60% in 2018 and will continue to expand further at a steady CAGR from 2019 to 2025
•The B2B application segment is expected to register the fastest CAGR of 8.2% from 2019 to 2025
•Europe is expected to be the largest regional whipping cream market accounting for a market share of more than 35% by 2025
•Online distribution channel is expected to be the fastest-growing segment at a CAGR of 8.5% from 2019 to 2025
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales(at)grandviewresearch.com
For More Information: www.grandviewresearch.com
Datum: 09.12.2019 - 14:01 Uhr
Sprache: Deutsch
News-ID 603704
Anzahl Zeichen: 2095
contact information:
Town:
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Phone: 1-888- 202-9519
Kategorie:
Food and Beverage
Typ of Press Release: Financial
type of sending: send
Date of sending: 09.12.2019
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