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The global fresh cream market reached a volume of 8.2 Million Metric Tons in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
Fresh Cream is used as an ingredient as well as an accompaniment in food products. Hence, the flourishing food manufacturing industry is the biggest growth driver for the global fresh cream market. Availability in many varieties, population growth and changing dietary habits also represent the key factors driving the demand of this product.
On a regional level, the report has analyzed the fresh cream market in the following regions – Asia, Europe, North America, South America and Middle East & Africa. According to the report, Europe is currently the biggest producer of fresh cream followed by North Admerica, Asia and other regions. For each of the regions, this report provides both historical (2015-2020) and future (2021-2026) trends in the fresh cream market. Other important market engineering aspects such as the competitive landscape, margin analysis, import and export, porters five forces analysis, value chain analysis, etc. have also been thoroughly evaluated in this report.
The report also provides a detailed technical insight on setting up and operating a fresh cream manufacturing plant. This includes the manufacturing process, machinery requirements, land requirements, labour requirements, packaging requirements, transportation requirements, power requirements, incomes, expenditures, profit margins, NPV, IRR, etc. In order to provide a clearer picture, the report has also presented this information in the form of a dynamic excel model where users can analyse the entire information and also change various inputs according to their requirements.
The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the fresh cream industry. This ranges from macro overview of the market to micro details of the industry performance, manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the fresh cream industry in any manner.
The outbreak of the coronavirus disease (COVID-19) has resulted in disrupted supply chains and a shortage of adequate workforce, which, in turn, is negatively impacting the market growth.
The global fresh cream market reached a volume of 8.2 Million Metric Tons in 2020.
According to the estimates by IMARC Group, the global fresh cream market is expected to grow at a CAGR of around 4% during 2021-2026.
Fresh cream is extensively utilized for preparing custards, pasta, ice-cream, shakes, sauces and sandwiches. The rising demand for these food items on account of inflating disposable incomes, hectic lifestyles and changing dietary patterns is bolstering the market growth significantly.
Leading players are focusing on the launch of unique and innovative product variants to expand their consumer base, which represents one of the major trends in the market.
On the geographical front, the market has been segmented into Europe, North America, Asia Pacific, South America, and Middle East and Africa.
Leading industry players are Lactalis International, Nestlé S.A., Fonterra Co-operative Group Limited, Danone S.A., Dairy Farmers of America, Inc. and Sodiaal S.A.
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