Global Non-Dairy Whipping Agents Market – Industry Trends and Forecast to 2029

Market Analysis and Size

Non-dairy whipping agents are frequently preferred over dairy counterparts due to their lower cost. Non-dairy whipping agents are also available and can be derived from preferred sources or custom-made for a specific application, such as food processing or decoration.

Data Bridge Market Research analyses that the non-dairy whipping agents market was valued at 0.4 billion in 2021 is expected to reach the value of USD 0.56 billion by 2029, at aw CAGR of 4.4% during the forecast period of 2022 to 2029.  

 Market Definition

Non-dairy whipping agents are liquid formulations or spray dried powders that, when combined with water or milk and whipped, produce whipped cream with a desirable texture and flavour. Non-dairy whipping agents are also highly modifiable because their function is not dependent on the presence of dairy cream.

Report Scope and Market Segmentation

Non-Dairy Whipping Agents Market Dynamics

Drivers

• Rising consumption of confectionaries around the world and growing lactose intolerant population

Significant growth in the food and beverage industry around the world is one of the key factors driving the market's positive outlook. Furthermore, growing lactose intolerant population, rising consumption of cupcakes, ice cream, sundaes, hot chocolate, milkshakes, and puddings, particularly among millennials, is propelling market growth. In line with this, the introduction of premium bakeries and confectionery boutiques offering customised and intricately designed cakes and pastries is also helping to drive market growth. Non-dairy whipping agents are a popular decorative ingredient in a wide range of delicacies, themed desserts, and signature confectioneries.

• Rising cases of food borne diseases

As people become more health-conscious, there will be a greater demand for light non-dairy whipping agents with lower fat contents, which will drive market growth. Furthermore, the introduction of flavour-infused whipped creams is expected to increase demand. Furthermore, product innovations like the introduction of sugar-free, organic, and vegan non-dairy whipping agents in new flavours are driving market growth. Other factors such as rising consumer spending power and easy product availability through online retail channels are expected to drive the market forward. Social media plays an important role in product demand because of the growing number of food bloggers and the availability of food-related videos and posts about utilizing non-dairy whipped cream as decorative agent.

Opportunity

The growing chain of fast full service, casual restaurants and fast food restaurants are the main drivers of the global whipped cream market. Furthermore, an increase in disposable income, a higher standard of living, a shift in lifestyle, and an increase in consumer demand for healthy foods with exotic flavours are driving demand in the global non-dairy whipped cream market. Cream market players are introducing new products in a variety of flavours such as strawberry, coconut, and so on. The global cream market attests to a trend in packaging and environmental projects in terms of material resources. Biodegradable and bioplastic materials have emerged as the preferred solution in the cream packaging industry all over the world.

Restraints

Restriction in the market for non-dairy whipping agents can be found in specific types of non-dairy whipping agents, such as those derived from palm oil. Excessive deforestation caused by rising palm oil demand is causing an environmental crisis that will not be sustainable in the long run. This may raise environmental concerns and serve as a potential threat to the market for non-dairy whipping agents.

This non-dairy whipping agents market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the non-dairy whipping agents market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Non-Dairy Whipping Agents Market

The corona virus has spread throughout the world, and most countries are implementing lockdown measures to control the virus's spread in order to protect public health. Except for the food and medical sectors, all business and production activities have been completely halted, resulting in an economic crisis in the country. Manufacturing and production functions have been halted, slowing the business, and inactive trade and transportation have completely disrupted the supply chain, causing companies to face significant losses in the near future.

 Global Non-Dairy Whipping Agents Market Scope

The non-dairy whipping agents market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Liquid Formulations
• Spray Dried Powders

Application

• Confectionary
• Bakery
• Desserts
• Other

Non-Dairy Whipping Agents Market Regional Analysis/Insights

The non-dairy whipping agents market is analysed and market size insights and trends are provided by country, type and application as referenced above.

The countries covered in the non-dairy whipping agents market report are U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa

Asia-Pacific dominates the non-dairy whipping agents market due to the region's increasing adoption by the food and beverage industries. Europe is expected to grow from 2022 to 2029 due to increased product demand in countries such as the United Kingdom, Belgium, Germany, the Netherlands, and France, as well as increased use of whipped creams in pancakes, coffee and cakes.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Non-Dairy Whipping Agents Market Share Analysis

The non-dairy whipping agents market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to non-dairy whipping agents market.

Some of the major players operating in the non-dairy whipping agents market are:

• Arla Foods amba (Denmark)
• GCMMF (India)
• Land O'Lakes, Inc. (US)
• Royal FRIESLANDCAMPINA NV (Netherlands)
• Groupe Lactalis (France)
• Agropur (Canada)
• Dairy Farmers of America, Inc. (US)
• Saputo Inc. (Canada)
• Organic Valley (US)
• Fonterra Co-operative Group Limited (US)
• ASF SE (Germany)
• Cargill, Incorporated (US)
• Kerry group plc (Ireland)
• Conagra Brands (US)
• Rich Products & Solutions Pvt Ltd (US)

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