Sour Cream Market

Sour Cream Market by Types (Organic Sour Cream and Conventional Sour Cream), Applications (Bakery Products, Salad Dressing, Dips, Snacks, Sauces, Ice Cream, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-661
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 182
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The global sour cream market size is projected to expand at a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the ever-expanding applications across several industrial domains.
 

Sour Cream Market Key Takeaways


Sour cream is a dairy-based product that is made by fermenting ordinary cream, which is fat-rich and contains lactic acid bacteria. The bacterial culture is added to the cream to thicken it and give it a sour taste. Sour cream is extensively used as a condiment and topping in a variety of cuisines, as well as in baking, pastries, the dairy industry, and other industrial purposes. Sour cream is heavy in lipids and calories, and commercially manufactured sour cream contains thickening agents like rennet, gelatin, and guar gum, among other things. It is frequently used as a necessary alternative for other goods such as cheese, Greek yoghurt, and other items.

Organic sour creams are in high demand because they include more omega-three fatty acids, CLA (Conjugated Linoleic Acid), antioxidants, and vitamins than ordinary sour creams. CLA is a naturally occurring fatty acid that has gained prominence as a component of weight-loss products. Heluva Good! has released a sour cream Beer-Battered Onion Ring dip with fried delicious yellow onions, beer, and sour cream.

Market Trends, Drivers, Restraints, and Opportunities

  • Growing demand for fat-free sour cream among health-conscious customers is anticipated to push the market expansion during the forecast period.
  • The rapid growth of the sour cream market for lactose-intolerant consumers is a key factor driving the market growth in the coming years.
  • Growing cholesterol problems among consumers are expected to boost the market growth during the forecast period.
  • The presence of stringent government regulations in various countries is expected to impede market expansion.
  • R&D investment and technological advancements in flavor and packaging formats are projected to offer immense opportunities for the market players.

Scope of the Report

The report on the global sour cream market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Sour Cream Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Organic Sour Cream and Conventional Sour Cream) and Applications (Bakery Products, Salad Dressing, Dips, Snacks, Sauces, Ice Cream, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Laiterie Chalifoux, Organic Valley, Cabot Creamery, WhiteWave Services, Uelzena Ingredients, Daisy Brand, and Meggle

 

Market Segment Insights

The organic sour cream segment is projected to hold a large market share
In terms of types, the global sour cream market is segmented into organic sour cream and conventional sour cream. The organic sour cream segment is expected to constitute a key share of the market during the forecast period owing to clean label and natural trend. On the other hand, the conventional sour cream segment is anticipated to expand at a rapid pace during the forecast period.
 

Sour Cream Market By Types


The bakery products segment is anticipated to register at rapid CAGR
On the basis of applications, the global sour cream market is divided into bakery products, salad dressing, dips, snacks, sauces, ice cream, and others. The bakery products segment is expected to represent a key share of the market in the coming years due to increased applicability across numerous industrial fields. On the other hand, the salad dressing, dips, snacks, sauces segments are anticipated to expand at a rapid pace in the coming years.

Europe is expected to dominate the market
On the basis of regions, the global sour cream market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Europe is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to increasing occurrences of lactose intolerance and the availability of dairy substitutes. Furthermore, the rapid uptake of dairy substitutes in Europe has transformed consumer preferences, and dairy-free sour cream is being used in industrial applications. On the other hand, the market of North America is expected to exhibit a rapid growth rate in the coming years due to heavy reliance on dairy products in culinary preparations and baked goods. In addition, because of the rising population that is primarily predisposed to adopting global eating patterns, the Asia-Pacific region is expected to be the fastest expanding market for sour cream.
 

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sour Cream Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Sour Cream Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Sour Cream Market - Supply Chain
  4.5. Global Sour Cream Market Forecast
     4.5.1. Sour Cream Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Sour Cream Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Sour Cream Market Absolute $ Opportunity
5. Global Sour Cream Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Sour Cream Market Size and Volume Forecast by Types
     5.3.1. Organic Sour Cream
     5.3.2. Conventional Sour Cream
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Sour Cream Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Sour Cream Market Size and Volume Forecast by Applications
     6.3.1. Bakery Products
     6.3.2. Salad Dressing
     6.3.3. Dips
     6.3.4. Snacks
     6.3.5. Sauces
     6.3.6. Ice Cream
     6.3.7. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Sour Cream Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Sour Cream Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Sour Cream Demand Share Forecast, 2019-2026
8. North America Sour Cream Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Sour Cream Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Sour Cream Market Size and Volume Forecast by Types
     8.4.1. Organic Sour Cream
     8.4.2. Conventional Sour Cream
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Sour Cream Market Size and Volume Forecast by Applications
     8.7.1. Bakery Products
     8.7.2. Salad Dressing
     8.7.3. Dips
     8.7.4. Snacks
     8.7.5. Sauces
     8.7.6. Ice Cream
     8.7.7. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Sour Cream Demand Share Forecast, 2019-2026
9. Latin America Sour Cream Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Sour Cream Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Sour Cream Market Size and Volume Forecast by Types
     9.4.1. Organic Sour Cream
     9.4.2. Conventional Sour Cream
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Sour Cream Market Size and Volume Forecast by Applications
     9.7.1. Bakery Products
     9.7.2. Salad Dressing
     9.7.3. Dips
     9.7.4. Snacks
     9.7.5. Sauces
     9.7.6. Ice Cream
     9.7.7. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Sour Cream Demand Share Forecast, 2019-2026
10. Europe Sour Cream Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Sour Cream Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Sour Cream Market Size and Volume Forecast by Types
     10.4.1. Organic Sour Cream
     10.4.2. Conventional Sour Cream
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Sour Cream Market Size and Volume Forecast by Applications
     10.7.1. Bakery Products
     10.7.2. Salad Dressing
     10.7.3. Dips
     10.7.4. Snacks
     10.7.5. Sauces
     10.7.6. Ice Cream
     10.7.7. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Sour Cream Demand Share Forecast, 2019-2026
11. Asia Pacific Sour Cream Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Sour Cream Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Sour Cream Market Size and Volume Forecast by Types
     11.4.1. Organic Sour Cream
     11.4.2. Conventional Sour Cream
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Sour Cream Market Size and Volume Forecast by Applications
     11.7.1. Bakery Products
     11.7.2. Salad Dressing
     11.7.3. Dips
     11.7.4. Snacks
     11.7.5. Sauces
     11.7.6. Ice Cream
     11.7.7. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Sour Cream Demand Share Forecast, 2019-2026
12. Middle East & Africa Sour Cream Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Sour Cream Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Sour Cream Market Size and Volume Forecast by Types
     12.4.1. Organic Sour Cream
     12.4.2. Conventional Sour Cream
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Sour Cream Market Size and Volume Forecast by Applications
     12.7.1. Bakery Products
     12.7.2. Salad Dressing
     12.7.3. Dips
     12.7.4. Snacks
     12.7.5. Sauces
     12.7.6. Ice Cream
     12.7.7. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Sour Cream Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Sour Cream Market: Market Share Analysis
  13.2. Sour Cream Distributors and Customers
  13.3. Sour Cream Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Laiterie Chalifoux
     13.4.2. Organic Valley
     13.4.3. Cabot Creamery
     13.4.4. WhiteWave Services
     13.4.5. Uelzena Ingredients
     13.4.6. Daisy Brand

Segments Covered in the Report
The global sour cream market has been segmented on the basis of

Types

  • Organic Sour Cream
  • Conventional Sour Cream

Applications

  • Bakery Products
  • Salad Dressing
  • Dips
  • Snacks
  • Sauces
  • Ice Cream
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Laiterie Chalifoux
  • Organic Valley
  • Cabot Creamery
  • WhiteWave Services
  • Uelzena Ingredients
  • Daisy Brand
  • Meggle

Key players competing in the global sour cream market include Laiterie Chalifoux, Organic Valley, Cabot Creamery, WhiteWave Services, Uelzena Ingredients, Daisy Brand, and Meggle.

Some of these players are investing heavily in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
 

Sour Cream Market By Key Players

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