TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 17
1.1 MARKET ATTRACTIVENESS ANALYSIS 18
1.1.1 GLOBAL DAIRY CREAM MARKET, BY PRODUCT TYPE 19
1.1.2 GLOBAL DAIRY CREAM MARKET, BY END USE 20
1.1.3 GLOBAL DAIRY CREAM MARKET, BY REGION 21
2 MARKET INTRODUCTION 22
2.1 DEFINITION 22
2.2 SCOPE OF THE STUDY 22
2.3 RESEARCH OBJECTIVE 22
2.4 MARKET STRUCTURE 22
2.5 KEY BUYING CRITERIA 23
3 RESEARCH METHODOLOGY 24
3.1 RESEARCH PROCESS 24
3.2 PRIMARY RESEARCH 25
3.3 SECONDARY RESEARCH 26
3.4 MARKET SIZE ESTIMATION 27
3.5 FORECAST MODEL 28
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 29
4 MARKET DYNAMICS 30
4.1 INTRODUCTION 30
4.2 DRIVERS 31
4.2.1 HEALTH BENEFITS 31
4.2.2 INCREASING APPLICATION AREAS 31
4.2.3 DRIVERS IMPACT ANALYSIS 32
4.3 RESTRAINTS 32
4.3.1 ADOPTION OF VEGAN AND PLANT-BASED PROTEIN PRODUCTS 32
4.3.2 RISE IN INCIDENCES OF LACTOSE INTOLERANCE 32
4.3.3 RESTRAINTS IMPACT ANALYSIS 33
4.4 OPPORTUNITIES 33
4.4.1 DEMAND FOR ORGANIC PRODUCTS 33
4.5 CHALLENGE 34
4.5.1 FLUCTUATING RAW MATERIAL PRICES 34
5 MARKET FACTOR ANALYSIS 35
5.1 VALUE CHAIN ANALYSIS 35
5.1.1 RAW MATERIAL PROCUREMENT 36
5.1.2 PROCESSING 36
5.1.3 PACKAGING 36
5.2 SUPPLY CHAIN ANALYSIS 37
5.3 PORTER’S FIVE FORCES MODEL 38
5.3.1 THREAT OF NEW ENTRANTS 39
5.3.2 BARGAINING POWER OF SUPPLIERS 39
5.3.3 BARGAINING POWER OF BUYERS 39
5.3.4 THREAT OF SUBSTITUTES 39
5.3.5 RIVALRY 39
5.4 TRADE ANALYSIS 40
5.5 PRICING ANALYSIS, 2023 41
5.5.1 NORTH AMERICA 41
5.5.2 EUROPE 41
5.5.3 ASIA-PACIFIC 42
5.5.4 SOUTH AMERICA 42
5.5.5 MIDDLE EAST 43
5.5.6 AFRICA 43
6 IMPACT OF THE COVID-19 OUTBREAK ON THE GLOBAL DAIRY CREAM MARKET 44
6.1.1 IMPACT ON PRODUCTION 44
6.1.2 IMPACT ON SUPPLY CHAIN 44
6.1.3 IMPACT ON CONSUMER BEHAVIOUR 44
6.1.4 IMPACT ON STORE-BASED VS NON-STORE-BASED SALES 45
6.1.5 IMPACT ON PRICING 45
7 GLOBAL DAIRY CREAM MARKET, BY PRODUCT TYPE 46
7.1 OVERVIEW 46
7.1.1 GLOBAL DAIRY CREAM MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2023–2032 47
7.2 THICKENED CREAM & WHIPPING CREAM 47
7.2.1 THICKENED CREAM & WHIPPING CREAM: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 48
7.3 FRESH CREAM 49
7.3.1 FRESH CREAM: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 49
7.4 SOUR CREAM 50
7.4.1 SOUR CREAM: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 50
7.5 OTHERS 51
7.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 51
8 GLOBAL DAIRY CREAM MARKET, BY END USE 52
8.1 OVERVIEW 52
8.1.1 GLOBAL DAIRY CREAM MARKET ESTIMATES & FORECAST, BY END USE, 2023–2032 53
8.2 FOOD PROCESSING 54
8.2.1 BAKERY & CONFECTIONERY 54
8.2.2 DAIRY & FROZEN DESSERTS 54
8.2.3 SAUCES, DRESSINGS & SPREADS 54
8.2.4 OTHERS 54
8.2.5 FOOD PROCESSING: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 54
8.3 FOOD SERVICE 55
8.3.1 FOOD SERVICE: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 55
8.4 FOOD RETAIL 56
8.4.1 FOOD RETAIL: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 56
9 GLOBAL DAIRY CREAM MARKET, BY REGION 58
9.1 OVERVIEW 58
9.2 NORTH AMERICA 60
9.2.1 US 62
9.2.2 CANADA 64
9.2.3 MEXICO 66
9.3 EUROPE 69
9.3.1 UK 72
9.3.2 GERMANY 74
9.3.3 FRANCE 76
9.3.4 ITALY 78
9.3.5 SPAIN 80
9.3.6 REST OF EUROPE 82
9.4 ASIA-PACIFIC 84
9.4.1 CHINA 87
9.4.2 INDIA 89
9.4.3 JAPAN 91
9.4.4 AUSTRALIA & NEW ZEALAND 93
9.4.5 REST OF ASIA-PACIFIC 95
9.5 SOUTH AMERICA 97
9.5.1 BRAZIL 99
9.5.2 ARGENTINA 101
9.5.3 REST OF SOUTH AMERICA 103
9.6 MIDDLE EAST 106
9.6.1 UAE 109
9.6.2 SAUDI ARABIA 111
9.6.3 KUWAIT 113
9.6.4 REST OF MIDDLE EAST 115
9.7 AFRICA 117
9.7.1 SOUTH AFRICA 119
9.7.2 EGYPT 121
9.7.3 NIGERIA 123
9.7.4 REST OF AFRICA 125
10 COMPETITIVE LANDSCAPE 128
10.1 INTRODUCTION 128
10.1.1 MARKET STRATEGY ANALYSIS 128
10.2 COMPETITIVE BENCHMARKING 129
10.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 130
10.3.1 PRODUCT LAUNCH 130
10.3.2 MERGER 130
10.3.3 ACQUISITIONS 130
10.3.4 EXPANSIONS 131
10.3.5 JOINT VENTURES 132
10.3.6 PARTNERSHIPS 132
11 COMPANY PROFILES 133
11.1 ARLA FOODS AMBA 133
11.1.1 COMPANY OVERVIEW 133
11.1.2 FINANCIAL OVERVIEW 134
11.1.3 PRODUCTS OFFERED 135
11.1.4 KEY DEVELOPMENTS 135
11.1.5 SWOT ANALYSIS 136
11.1.6 KEY STRATEGIES 136
11.2 LAND O’LAKES, INC. 137
11.2.1 COMPANY OVERVIEW 137
11.2.2 FINANCIAL OVERVIEW 137
11.2.3 PRODUCTS OFFERED 138
11.2.4 KEY DEVELOPMENTS 138
11.2.5 SWOT ANALYSIS 139
11.2.6 KEY STRATEGIES 139
11.3 LACTALIS GROUP 140
11.3.1 COMPANY OVERVIEW 140
11.3.2 FINANCIAL OVERVIEW 140
11.3.3 PRODUCTS OFFERED 141
11.3.4 KEY DEVELOPMENTS 141
11.3.5 SWOT ANALYSIS 142
11.3.6 KEY STRATEGIES 142
11.4 ROYAL FRIESLANDCAMPINA N.V. 143
11.4.1 COMPANY OVERVIEW 143
11.4.2 FINANCIAL OVERVIEW 143
11.4.3 PRODUCTS OFFERED 144
11.4.4 KEY DEVELOPMENTS 146
11.4.5 KEY STRATEGIES 146
11.5 GUJARAT COOPERATIVE MILK MARKETING FEDERATION LTD 147
11.5.1 COMPANY OVERVIEW 147
11.5.2 FINANCIAL OVERVIEW 147
11.5.3 PRODUCTS OFFERED 148
11.5.4 KEY DEVELOPMENTS 148
11.5.5 SWOT ANALYSIS 148
11.5.6 KEY STRATEGIES 148
11.6 DAIRY FARMERS OF AMERICA, INC. 149
11.6.1 COMPANY OVERVIEW 149
11.6.2 FINANCIAL OVERVIEW 149
11.6.3 PRODUCTS OFFERED 150
11.6.4 KEY DEVELOPMENTS 151
11.6.5 KEY STRATEGIES 151
11.7 ORGANIC VALLEY 152
11.7.1 COMPANY OVERVIEW 152
11.7.2 FINANCIAL OVERVIEW 152
11.7.3 PRODUCTS OFFERED 152
11.7.4 KEY DEVELOPMENTS 152
11.7.5 KEY STRATEGIES 152
11.8 AGROPUR 153
11.8.1 COMPANY OVERVIEW 153
11.8.2 FINANCIAL OVERVIEW 153
11.8.3 PRODUCTS OFFERED 154
11.8.4 KEY DEVELOPMENTS 156
11.8.5 KEY STRATEGIES 156
11.9 FONTERRA CO-OPERATIVE GROUP 157
11.9.1 COMPANY OVERVIEW 157
11.9.2 FINANCIAL OVERVIEW 157
11.9.3 PRODUCTS OFFERED 158
11.9.4 KEY DEVELOPMENTS 158
11.9.5 KEY STRATEGIES 158
11.10 SAPUTO INC. 159
11.10.1 COMPANY OVERVIEW 159
11.10.2 FINANCIAL OVERVIEW 160
11.10.3 PRODUCTS OFFERED 161
11.10.4 KEY DEVELOPMENTS 162
11.10.5 KEY STRATEGIES 162
12 REFERENCES 163
LIST OF TABLES
TABLE 1 PRIMARY INTERVIEWS 25
TABLE 2 LIST OF ASSUMPTIONS & LIMITATIONS 29
TABLE 3 MACRONUTRIENTS IN DAIRY CREAM 31
TABLE 4 GLOBAL DAIRY CREAM MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 47
TABLE 5 GLOBAL DAIRY CREAM MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2023–2032 (TONS) 47
TABLE 6 THICKENED CREAM & WHIPPING CREAM: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (USD MILLION) 48
TABLE 7 THICKENED CREAM & WHIPPING CREAM: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (TONS) 48
TABLE 8 FRESH CREAM: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (USD MILLION) 49
TABLE 9 FRESH CREAM: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (TONS) 49
TABLE 10 SOUR CREAM: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (USD MILLION) 50
TABLE 11 SOUR CREAM: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (TONS) 50
TABLE 12 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (USD MILLION) 51
TABLE 13 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (TONS) 51
TABLE 14 GLOBAL DAIRY CREAM MARKET ESTIMATES & FORECAST, BY END USE, 2023–2032 (USD MILLION) 53
TABLE 15 GLOBAL DAIRY CREAM MARKET ESTIMATES & FORECAST, BY END USE, 2023–2032 (TONS) 53
TABLE 16 FOOD PROCESSING: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (USD MILLION) 54
TABLE 17 FOOD PROCESSING: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (TONS) 55
TABLE 18 FOOD SERVICE: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (USD MILLION) 55
TABLE 19 FOOD SERVICE: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (TONS) 56
TABLE 20 FOOD RETAIL: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (USD MILLION) 56
TABLE 21 FOOD RETAIL: MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (TONS) 57
TABLE 22 GLOBAL DAIRY CREAM MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (USD MILLION) 59
TABLE 23 GLOBAL DAIRY CREAM MARKET ESTIMATES & FORECAST, BY REGION, 2023–2032 (TONS) 59
TABLE 24 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2023–2032 (USD MILLION) 60
TABLE 25 NORTH AMERICA: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2023–2032 (TONS) 60
TABLE 26 NORTH AMERICA: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 61
TABLE 27 NORTH AMERICA: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 61
TABLE 28 NORTH AMERICA: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 61
TABLE 29 NORTH AMERICA: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 62
TABLE 30 US: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 62
TABLE 31 US: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 63
TABLE 32 US: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 63
TABLE 33 US: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 64
TABLE 34 CANADA: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 64
TABLE 35 CANADA: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 65
TABLE 36 CANADA: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 65
TABLE 37 CANADA: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 66
TABLE 38 MEXICO: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 66
TABLE 39 MEXICO: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 67
TABLE 40 MEXICO: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 67
TABLE 41 MEXICO: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 68
TABLE 42 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2023–2032 (USD MILLION) 69
TABLE 43 EUROPE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2023–2032 (TONS) 70
TABLE 44 EUROPE: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 70
TABLE 45 EUROPE: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 70
TABLE 46 EUROPE: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 71
TABLE 47 EUROPE: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 71
TABLE 48 UK: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 72
TABLE 49 UK: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 72
TABLE 50 UK: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 73
TABLE 51 UK: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 73
TABLE 52 GERMANY: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 74
TABLE 53 GERMANY: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 74
TABLE 54 GERMANY: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 75
TABLE 55 GERMANY: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 75
TABLE 56 FRANCE: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 76
TABLE 57 FRANCE: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 76
TABLE 58 FRANCE: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 77
TABLE 59 FRANCE: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 77
TABLE 60 ITALY: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 78
TABLE 61 ITALY: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 78
TABLE 62 ITALY: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 79
TABLE 63 ITALY: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 79
TABLE 64 SPAIN: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 80
TABLE 65 SPAIN: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 80
TABLE 66 SPAIN: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 81
TABLE 67 SPAIN: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 81
TABLE 68 REST OF EUROPE: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 82
TABLE 69 REST OF EUROPE: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 82
TABLE 70 REST OF EUROPE: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 83
TABLE 71 REST OF EUROPE: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 83
TABLE 72 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2023–2032 (USD MILLION) 84
TABLE 73 ASIA-PACIFIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2023–2032 (TONS) 85
TABLE 74 ASIA-PACIFIC: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 85
TABLE 75 ASIA-PACIFIC: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 85
TABLE 76 ASIA-PACIFIC: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 86
TABLE 77 ASIA-PACIFIC: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 86
TABLE 78 CHINA: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 87
TABLE 79 CHINA: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 87
TABLE 80 CHINA: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 88
TABLE 81 CHINA: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 88
TABLE 82 INDIA: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 89
TABLE 83 INDIA: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 89
TABLE 84 INDIA: DAIRY CREAM MARKET, BY END USE, 2023–2032 (USD MILLION) 90
TABLE 85 INDIA: DAIRY CREAM MARKET, BY END USE, 2023–2032 (TONS) 90
TABLE 86 JAPAN: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (USD MILLION) 91
TABLE 87 JAPAN: DAIRY CREAM MARKET, BY PRODUCT TYPE, 2023–2032 (TONS) 91
TABLE 88 JAPAN: DAIRY CREAM MARKET