The global dairy cream market to experience substantial growth of 3.5% p.a, sales to hit $20,875.7M by 2033

The dairy cream market is poised for substantial growth, with an anticipated value-based compound annual growth rate (CAGR) of 3.5%. By 2033, revenues are projected to surge from US$ 14,727.9 million to approximately US$ 20,875.7 million. This expansion is driven by a growing demand for cream products, buoyed by their appealing taste profiles and perceived health benefits among consumers, foodservice providers, and food and beverage manufacturers. In the forecast period, the global dairy cream market is estimated to reach a valuation of approximately US$ 14,727.9 million, marking a promising trajectory for the industry’s stakeholders. Traditionally, Europe has been a stronghold for cream products, boasting the largest consumer base. However, South Asia is expected to emerge as a lucrative market, propelled by a burgeoning foodservice sector and an increasing number of cream enthusiasts. The foodservice industry stands out as a major consumer of cream products and ingredients. ...