According to the latest report by IMARC Group, titled “Fresh Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global fresh cream market reached a volume of 8.5 Million Metric Tons in 2021. Fresh cream is a dairy-based cream that is used as an ingredient and an accompaniment in food products. During preparation, boiled milk is allowed to rest and whipped to achieve a smooth texture. Rich in flavor and saturated fat, it adds richness to various dishes and improves their texture and appearance. Moreover, it contains a high amount of vitamin B2, calcium, and phosphorus, which promote the growth of red blood cells, support the immune system, maintain bones and teeth, and provide energy. Commercially and domestically, it is used in the preparation of cookies, ice cream, soups, pasta, and gravies across numerous restaurants, cafes, and bakeries.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Fresh Cream Market Trends:
The market is primarily driven by considerable growth in the food manufacturing industry across the globe. This can be attributed to the increasing adoption of processed and ready-to-eat foods among the masses. In addition to this, the paradigm shift in the dietary habits of the masses is resulting in a higher uptake of fresh cream. Moreover, the easy product availability across online and offline organized retail channels is providing an impetus to the market growth. Apart from this, the advent of numerous varieties, such as vegan-friendly, low-fat, organic and farm-fresh product variants with a wide range of flavors, are resulting in a considerable rise in product sales. The inflating disposable incomes of individuals, coupled with rapid urbanization, are also creating a positive outlook for the market. Some of the other factors contributing to the market include the flourishing fast-food industry and extensive research and development (R&D) activities conducted by key players. On account of the aforementioned factors, the market is anticipated to reach a volume of 10.8 Million Metric Tons by 2027, exhibiting a CAGR of 3.95% during 2022-2027.
- On the geographical front, the market has been segregated into Europe, North America, Asia-Pacific, South America, and Middle East and Africa.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include 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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