The global sour cream powder market is expected to accumulate a market value of US$ 1.68 Billion in 2022 and is expected to register a CAGR of 2% by garnering a market value of US$ 2.05 Billion during the 2022-2032 forecast period. The growth of the market can be attributed to the usage of sour cream powder in different recipes, especially in Europe and North America.
Sour cream powder is dehydrated sour cream with a fat content ranging from 30 to 60%. When sour cream powder is blended with the necessary amount of water, it forms sour cream. This is suitable for a variety of food applications. Sour cream powder is commercially created by spray drying sour cream to form the powder. Sour cream is made by fermenting ordinary cream with bacterial culture to make it sour and thicken it.
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The benefit of sour cream powder is that it can be stored for years, unlike sour cream which has to be consumed within a short duration of time. Also after opening the packet of the sour cream powder, it can be stored in air-tight containers inside a refrigerator.
The sour cream powder is being used in various food processing industries such as dairy, bakery, snack seasonings, sauces and dips and many more. The easy storage and distribution have shifted the consumers from buying sour cream to sour cream powder. The sour cream powder is also being used in the foodservice industry. The lack of unusual taste or odor makes the sour cream powder more appealing especially for the foodservice industry to incorporate into dishes.
Manufacturers of Sour Cream Powder Propelling Demand in North America
Mexico and the U.S. are two countries largely contributing towards the growth of the sour cream powder market in North America. People in North America prefer using sour cream powder for preparing condiments or to form a dipping sauce. Moreover, the strong presence of sour cream powder manufacturers is bolstering the demand for the same in the region.
Thus, North America is expected to register a CAGR of 3% for the sour cream powder market in the assessment period 2022-2032.
Market Competition
- Some of the leading players operating in the global sour cream powder market include Commercial Creamery Company, The Food Source International Inc., Bluegrass Dairy and Food Inc., Dr. Otto SuwelackNachf. GmbH & Co., Tsukuba Dairy Products Co., Ltd, Varesco Group, Barry Family Farm, Vermont Creamery, Rogers and Company Foods, Thrive Life LLC, Walton Feed Inc. Attributed to the presence of such a high number of participants, the market is highly competitive.
- In September 2021, Vermont Creamery debuted in Northeast supermarkets by launching three different sour cream flavors. The company is focusing on increasing its presence in different geographical regions.
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Sour Cream Powder Market: Segmentation
The sour cream powder market is segmented on the basis of type, end use, packaging, and distribution channel.
On the basis of type, the global sour cream powder market is segmented as-
- Low-fat
- Regular
On the basis of end use, the global sour cream powder market is segmented as-
- Food
- Food service (HoReCa)
- Salads and Dressings
- Sauces and Dips
- Snack Seasonings
- Bakery Products
- Dairy Products
- Household/Retail
On the basis of packaging, the global sour cream powder market is segmented as-
- Retail
- Airtight containers
- Paper Bags
- Pouches
- Bulk
On the basis of distribution channel, the global sour cream powder market is segmented as-
- Direct/B2B
- Indirect/B2C
- Hypermarket/Supermarket
- Specialty Stores
- Discount Stores
- Modern Grocery Stores
- Traditional Grocery Stores
- e-Retail
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