Whipping cream is widely utilized in various desserts, including layer cakes and profiteroles and as a decorative ingredient for most delicacies, including signature cakes also themed deserts. This is also likely to fuel the demand, thereby augmenting the market growth. Increasing veganism trend with lactose-deficiency among consumers is further creating demand for dairy-free whipped cream. Almond milk, coconut milk, and olive oil are majorly used ingredients in dairy-free whipped cream.
MARKET DYNAMICS
The dairy-free whipped cream market has witnessed significant growth owing to factors such as increasing consumption of foods, such as pies, cupcakes, sundaes, waffles, ice creams, cakes, hot chocolate milkshakes, cheesecake, and puddings. High demand for light whipping cream, owing to rising health consciousness, will further boost the market growth. Also, the increasing vegan population is helping in the market growth for dairy-free whipped cream. However, the availability of substitute products may restrict the growth of the dairy-free whipped cream market. Nevertheless, with the steady growth in the food processing industry and foodservice sector, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Dairy-Free Whipped Cream Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the dairy-free whipped cream market with detailed market segmentation by packaging type, distribution channel, and geography. The global dairy-free whipped cream market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading dairy-free whipped cream market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global dairy-free whipped cream market is segmented on the basis of packaging type and distribution channel. The dairy-free whipped cream market on the basis of the packaging type is classified into bottles & jars, pouches, and others. On the basis of distribution channel, global dairy-free whipped cream market is bifurcated into supermarkets & hypermarkets, convenience store, online retailers, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global dairy-free whipped cream market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The dairy-free whipped cream market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the dairy-free whipped cream market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the dairy-free whipped cream market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global dairy-free whipped cream market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from dairy-free whipped cream market are anticipated to lucrative growth opportunities in the future with the rising demand for dairy-free whipped cream in the global market. Below mentioned is the list of few companies engaged in the dairy-free whipped cream market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dairy-free whipped cream market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Albertsons Companies, Inc.
- Conagra Brands (Reddi-Wip)
- FOOD HEAVEN
- Hanan Products Co., Inc.
- Kayco (Kineret)
- Nature's Charm
- PEAK FOODS, LLC (Truwhip)
- SCHLAGFIX
- So Delicious
- Trader Joe's
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.