Whipping Cream Powder Market Soars with 8% CAGR, Aims to Reach US$1.7 Billion by 2030
The global whipping cream powder market is poised for substantial growth, with a projected CAGR of 8% from 2023 to 2030. By the end of 2030, the market is expected to achieve sales revenue of approximately US$1.7 billion.
Key Market Insights
The whipping cream powder market encompasses the production, distribution, and consumption of powdered whipping cream products. Whipping cream powder is a versatile dairy or non-dairy-based product that, when reconstituted with water, can be whipped to create a creamy and airy texture, similar to freshly whipped cream. It is widely used in the bakery and confectionery industries to make cakes, pastries, desserts, and toppings. The market is witnessing growth due to the increasing demand for bakery products, with manufacturers also exploring plant-based...