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Growing Demand For Bakery Products Fuels Expansion Of The Cream Powder Market: A Key Driver Powering Cream Powder Market Growth In 2025
Cream Powder
What Is the Current Cream Powder Market Size and Its Estimated Growth Rate?
The cream powder market has grown strongly in recent years. It will grow from $5.34 billion in 2024 to $5.8 billion in 2025, at a CAGR of 8.6%. The growth is driven by increased demand for dairy-based products, creamy beverages, and convenience foods.
The cream powder market is anticipated to grow to $8 billion by 2029, at a CAGR of 8.4%. The growth is driven by rising demand for ready-to-eat foods, the growing vegan population, and the increasing demand for baked goods. Trends include product innovations, technological advancements, and new product/service launches.
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How Are Emerging Segments Shaping the Cream Powder Market Landscape?
The cream powder market covered in this report is segmented -
1) By Type: High Fat Powder, Lipid Powder
2) By Source: Dairy-Based Cream Powder, Plant-Based Cream Powder
3) By Application: Bakery, Soups And Sauces, Dairy Products, Beverages, Confectionaries, Desserts, Other Applications
4) By Distribution Channel: Supermarkets Or Hypermarkets, Online Retail, Specialty Stores, Other Channels
Subsegments:
1) By High Fat Powder: Full Cream Powder, Instant Full Cream Powder, Spray-Dried High-Fat Cream Powder
2) By Lipid Powder: Non-Dairy Lipid Powder, Dairy-Based Lipid Powder, Specialized Lipid Powder For Functional Foods
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Which Growth Factors Are Influencing Cream Powder Market Expansion?
The rising consumption of bakery products is expected to boost the cream powder market. As consumer preferences evolve, the demand for bakery items is growing, and cream powder is a key ingredient in many of these products. It offers longer shelf life than fresh cream, which meets consumer demand for products that last longer. In March 2023, Farm Credit Canada reported that revenue for bakery and tortilla products was projected to increase by 5.4% in 2023, reaching $17.2 billion. This demand for bakery products is driving the cream powder market.
Who Are the Dominant Players Across Different Cream Powder Market Segments?
Major companies operating in the cream powder market are Nestlé S.A., Unilever PLC, Groupe Lactalis S.A., Yili Group, Royal FrieslandCampina N.V., Fonterra Co-operative Group Limited, Inner Mongolia Mengniu Dairy Limited, Saputo Inc., Kerry Group plc, Dairy Farmers of America, Schreiber Foods Inc., Doehler Group SE, Müller Industries, GROUPE SODIAAL, DMK Deutsches Milchkontor GmbH, Arla Foods Group, NOW Foods, Parag Milk Foods Ltd, Anand Milk Union Limited (AMUL), Bluegrass Dairy, Walton Feed Inc., Pelwatte Dairy Industries Pvt. Limited, Rogers and Company Foods Pty Ltd, Arion Dairy Products B.V.
What Trends Are Driving Growth in The Cream Powder Market?
Leading companies in the cream powder market are focusing on developing instant powder mixes to cater to the growing demand for plant-based alternatives. For example, in October 2023, Nestlé launched Nido instant powder made from milk and plant ingredients in Central and West Africa. The product blends milk and local soy, providing essential nutrients such as protein, fiber, iron, and calcium, and can be paired with cereals, porridges, and beverages.
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Which Geographic Regions Are Expected to Dominate the Cream Powder Market in the Coming Years?
Europe was the largest region in the cream powder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cream powder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cream Powder Market?
2. What is the CAGR expected in the Cream Powder Market?
3. What Are the Key Innovations Transforming the Cream Powder Industry?
4. Which Region Is Leading the Cream Powder Market?
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