The global UHT whipping cream market is worth US$ 8.2 Billion as of now and is expected to reach US$ 12.3 Billion by the year 2033 at a CAGR of 4.1% between 2023 and 2033.
With cheesecakes, puddings, pies, sundaes, ice-creams, cakes, waffles, and hot chocolate milkshakes being increasingly consumed, the global UHT whipping cream market is expected to witness persistence in the forecast period. The fast food restaurants are more into the adoption of UHT whipping cream in the wake of the above-mentioned items being asked for. The other items include burgers, pizzas, chips, and nachos.
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At the same time, the fact that ultraheat treatment could negatively affect the creams’ whipping time and ability can’t be ignored. This factor could restrain the UHT whipping cream market in the forecast period.
Future Market Insights has walked through these facets with future perspectives in its latest market study entitled ‘UHT Whipping Cream Market’. It has its team of analysts and consultants to deploy a bottom-up approach in its primary, secondary, and tertiary modes of research.
Key Takeaways from UHT Whipping Cream Market
- North America holds the largest market share due to the US being subject to an exorbitant demand for confectionery and bakery products like desserts, pancakes, and likewise. Plus, growing demand for products free of cholesterol and lactose is expected to keep the cash registers ringing for UHT whipping cream market.
- Europe holds the second-largest market share due to rising demand for UHT whipping cream in the Netherlands, Germany, the UK.
- The Asia-Pacific is expected to grow on a stupendous note in the UHT whipping cream market with regions like India and China dominating the scene.
Some of key players operating in the global UHT whipping cream market includes
- Amul
- Trader Joe’s
- Nestle S.A.
- Danone
- The Kraft Heinz Company
- Westland Milk Products
- Fonterra’s Premium Anchor
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Competitive UHT Whipping Cream
- IMCD Group, in January 2021, came up with an ultra-high temperature (UHT) pasteurization laboratory in Indonesia for increasing regional technical footprint. This new lab is inclusive of equipment enabling company run clinical trials and also focus on the concepts of shelf-stable non-dairy and dairy products.
- Westland Co-Operative Dairy Co. Ltd., in August 2021, did announce launching Yili Pro Whipping Cream all across China. This Grass-fed milk has been used for producing the cream with consistency conducive to Chinese bakers.
- California Farms, in November 2022, came up with a heavy whip cream. It comes across as one of the plant-based substitutes to heavy whipping cream. The applications include baking, cooking, and whipping. The product claims to be unsweetened and unflavored made out of coconut oil and dairy-free and plant-based ingredients. Besides, it’s non-GMO certified, gluten-free, kosher, and vegan.
- Oatly, in January 2021, tabled a ‘whippable’ vegan cream. It claims to have 88% lower climate footprint as compared to dairy counterparts.
What does the Report say?
- The research study is based on product type (non-dairy and dairy), end-use (dairy products, bakery & confectionery, beverages, snacks, and likewise), and sales channel (direct sales, indirect sales (supermarkets/hypermarkets, convenience store, and specialty stores), and online retailers).
- With an ever-increasing demand for dairy products, the global UHT whipping cream market is expected to grow on an ecstatic note in the forecast period.
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UHT Whipping Cream: Market Segmentation
Product Type:
- Dairy
- Non-dairy
End Use:
- Dairy Products
- Bakery & Confectionery
- Beverages
- Snacks
- Others
Based on Sales Channel:
- Direct Sales
- Indirect Sales
- Hypermarkets/Supermarkets
- Convenience Store
- Specialty Stores
- Online Retailers
About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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