Taste Enhancing Properties of Cream to Push its Usage in Food Preparation
Dairy cream is among the key ingredients in foodservice industry, especially at cafes, restaurants, and hotels. It is a widely used ingredient in coffee, dessert, confectionery, and ice tea for enhanced taste, texture, and appearance. Most popular products in the dessert category also contain dairy cream as an ingredient.
In 2018, the global ice cream and cakes brand Baskin-Robbins launched new cookie cakes that combine cookies and ice cream into one delectable dessert. This cookie cake is then decorated with whipped dairy cream.
Ben & Jerry’s has created Moo-phoria, a new line of light ice-cream in three flavors, chocolate milk, cookies, caramel cookie fix, and PB dough. Each flavor uses organic cream and milk for the base mix of each Moo-phoria flavor.
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- Glanbia Plc.
- Groupe Lactalis
- Savencia Fromage & Dairy
- Fonterra Co-operative Group
- GCMMF (Amul) India
- DMK Group
- Arla Foods
- Unternehmensgruppe Theo Müller
- Schreiber Foods Inc.
- Meiji Holdings Company, Ltd.
- Baltic dairy board
- Freedom Foods Group Ltd.
- Granarolo S.P.A.
- BV Dairy
- Burra Foods Australia
- Meadow Foods Ltd.
- Nestle S.A.
Expanding Café Culture to Boost Demand for Cream
Dairy cream consumption has increased as a result of rising popularity of coffee culture and changing consumer preferences. Coffee shops and cafes are the fastest-growing segments in the foodservice industry, especially in South Asian countries.
Changing food habits, standardizing lifestyles, and increasing spending on foodservice are key factors behind the influx of new cafés and coffee outlets. In the preparation of coffee, dairy cream is an important ingredient that provides taste, texture, and creaminess to coffee. Addition of extra dairy cream in coffee is gaining popularity amongst consumers, which leads to an increase in demand for dairy cream products and ingredients.
For instance, the global coffee brand Starbucks has increased its number of outlets in India and offers one of its most popular products “Caffè Mocha” with a fluffy cloud of sweetened whipped dairy cream and strawberry flavoring.
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Customized Cream - Ongoing Trend in Food Industry
Manufacturers in the global dairy industry are focused on providing customized dairy cream products to food manufacturing, foodservice, and retail sectors. Food and beverage manufacturers seek low-fat, low-sugar, flavored and organic raw materials that are suitable for use in their end-use products.
Owing to these factors, customized dairy creams are manufactured according to requirements from end-use sectors such as bakery, dessert, foodservice, processed food and household uses.
For instance, Fonterra Co-operative Group provides products Anchor Fresh Cream for bakery and household, Anchor Whipped Cream for the foodservice industry, and Anchor Long Life Dessert Cream for dessert products.
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Increasing Demand for Organic Dairy Cream to Propel Market Growth
Climatic changes have led to a deterioration in food quality. Increasing consumption of junk food causes negative impacts on human health, making consumers seek healthy and organic food product options that are free from chemicals.
Manufacturers of food and beverage products seek organic ingredients and raw materials for use in their products to attract these consumers, which is expected to create huge opportunities for the global dairy cream market. FrieslandCampina, a Netherland-based dairy manufacturing company, aims to achieve 2% organic growth per year.
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Regional Landscape of Global Dairy Cream Market
South Asia is one of the fastest-growing regions in the world based on both population and economy. This region has the highest number of consumers of milk and milk products. While the consumers in this region are not very informed about dairy cream products and the characteristics of cream, the region is witnessing an increase in popularity of dairy cream products.
This creates high potential for key players in the global dairy cream market to expand their customer base.
Global players in the dairy market such as Saputo Inc., Schreiber Foods Inc., Meiji Holdings Company, Ltd., and Groupe Lactalis S.A. are focused on the expansion of their businesses in the Asia Pacific region through acquisitions, mergers, and partnerships with local players.
Europe is one of the largest markets for dairy cream products based on both value and volume. People in Europe consume dairy products as they perceive it as a part of a healthier diet.
These consumers follow ongoing trends such as consumption of organic products, non-GMO products, and clean label products. This has resulted in increasing demand for dairy cream with organic, Non-GMO, clean label, and kosher certifications.
For Instance, Savencia Fromage & Dairy is focused on manufacturing organic products. Sodiaal, a France-based dairy manufacturing company aims to reach 200 million liters of organic milk collection by 2020 to fulfill its consumers’ demand for organic dairy products.
The global dairy cream market is witnessing an extensive growth rate, with South Asia and East Asia anticipated to show the highest growth during the forecast period, while Europe remains the top producer as well as consumer of dairy cream in the global market. Increasing number of foodservice outlets in the various regions will have a significant impact on the growth of the dairy cream market across the globe.
Key Segments of Global Dairy Cream Market
PMR’s study on the global dairy cream market offers information categorized into four key segments- nature, distribution channel, end-use, and region.
Key Questions Answered in PMR’s Global Dairy Cream Market
- Which region will hold the highest market share in the global dairy cream market during the forecast period?
- Which region is experiencing the highest growth (CAGR)?
- Which factors are impacting the global dairy cream market?
- Which are the global trends impacting the dairy cream market?
- What strategies must emerging players adopt to capture opportunities in various regions in the dairy cream market?
- What is the market structure of the global dairy cream market?