According to IMARC Group’s latest report, titled “Fresh Cream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026.’ the global fresh cream market reached a volume of 8.2 Million Metric Tons in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report
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The global fresh cream market is primarily being driven by significant growth in the food and beverage industry. It is widely used across multiple cuisines for improving the flavor of rich gravies and enhancing the flavor of coffees, shakes and desserts. Moreover, various product innovations, such as the launch of low-fat, flavored and vegan fresh creams, are favoring the market growth. Other factors, including the convenient availability of fresh cream-based food products through online retail platforms, along with rising health consciousness among the masses, are creating a positive outlook for the market.
Competitive Landscape:
The market is highly fragmented with the presence of both small and large manufacturers who compete in terms of prices and quality. There is an intense competition in the market which makes it difficult for small players to survive. Some of the leading players operating in the market are:
- Nestlé
- Danone
- Sodiaal
- Lactalis Group
- Fonterra
- Amul
Breakup by Region:
On a geographical front, Asia, Europe, Middle East and Africa, North America and South America. Currently, Europe represents the largest consumer of fresh cream accounting for the majority of the total market share.
- Asia Pacific
- Europe
- North America
- Middle East and Africa
- Latin America
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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