The cream market for the food service industry has picked up pace rapidly over the past few years, mainly propelled by changing consumer taste and preferences. The shifts in large part can be attributed to the growing popularity of Asian cuisines among worldwide consumers, especially in the U.S. The growing demand for exotic flavors in seasonings, sauces, snacks, and appetizers is a key factor bolstering the demand for cream. Moreover, the rising demand for ready-made meals has fueled the consumption of creams of various types. Some of the key food service channels in the cream market for the food service industry market are restaurants and cafes, hotels and motels, caterers, and pubs. Various types of creams used are dairy cream and vegetable or blended cream.
The rapid strides being made by the hospitality industry, notably in countries of Asia Pacific, have bolstered the demand for various types of dairy creams. The use of creams in the Asian food service industry is expected to make advances in the coming years as well.
The rising demand for ready-to-eat products with exotic flavors is bolstering the uptake of creams in the food service industry. In various parts of the world, restaurants have been engaged in bolstering their distribution channels, especially in the category of broadline distributors. This factor is expected to aid in the steady expansion of the cream market for the food service industry market. The growing propensity of worldwide populations toward consuming healthy food products rich in protein and vitamins is a notable factor boosting the cream market for the food service industry market.
Several parts of developed regions are witnessing easing of regulations in the food service industry. This will noticeably fuel the global cream market for food service industry. The presence of favorable regulatory framework in European nations is a case in point. The presence of large dairy firms in several countries of Europe is imparting a big impetus to the market growth.
Whipping cream market
The global whipping cream market size was valued at USD 5.98 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 8.1% from 2019 to 2025. Increasing consumption of foods, such as pies, cupcakes, ice creams, sundaes, cakes, hot chocolate milkshakes, waffles, cheesecake, and puddings, is expected to be the key factor driving the product demand.
Whipping cream is widely used in various desserts including layer cakes and profiteroles and as a decorative ingredient for most delicacies including signature cakes and themed deserts. This is also likely to fuel the demand, thereby augmenting market growth.
Flavored whipped cream will expand the market
High demand for light whipping cream, with less than 30 to 36% of fat contents, owing to rising health consciousness will also boost market growth. In addition, the advent of flavored whipped creams including chocolate, coffee, vanilla, rose, cinnamon, kahlua, and orange is estimated to drive the demand further.
