Market Overview:
The global sour cream market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for bakery products, salad dressings, dips, snacks, sauces and ice creams; and increasing awareness about the benefits of consuming sour cream. Sour cream is a dairy product that is made by fermenting milk with lactic acid bacteria. It has a thick consistency and a slightly sour taste. It is used as an ingredient in various food items such as bakery products, salads, dips, sauces and ice creams. Sour cream also has several health benefits such as it helps in weight loss, improves digestion and reduces cholesterol levels. The global sour cream market can be segmented on the basis of type into organic sour cream and conventional sour cream; on the basis of application into bakery products, salad dressing,, dips,, snacks,, sauces,, ice creamsand other applications; and on the basis of region into North America., Latin America., Europe., Asia Pacificand Middle East & Africa. The organic segment is projected to grow at a higher CAGR than the conventional segment during the forecast period from 2018 to 2030 owing to rising consumer preference for organic food items. In terms of application,.
Product Definition:
Sour cream is a dairy product that is made by fermenting cream with lactic acid bacteria. It has a thick, creamy texture and a sour, acidic taste. Sour cream is used as a condiment, dip, or ingredient in various recipes.
Organic Sour Cream:
Organic sour cream is a by-product obtained during the production of regular yogurt. It is also known as live or active yogurt. Organic sour cream has several benefits over its conventional counterpart such as it contains more protein, calcium, and vitamin B6 content which boosts immunity and acts as an antioxidant respectively.
The product also provides various health benefits including protection against gastrointestinal disorders like diarrhea.
Conventional Sour Cream:
Conventional sour cream is a thick, plain yogurt with live bacterial cultures. It has been pasteurized and is available in different flavors such as fruit, vanilla, chocolate and coffee. The thickness of the product can vary from semi-firm to quite runny depending upon the fermentation time.
Application Insights:
Sour cream is a rich source of proteins, vitamins, minerals and fatty acids. The various health benefits associated with the product have encouraged its application in several non-dairy products such as sauces and dressings. The demand for vegan food has been increasing over the years owing to consumer preference for plant-based foods due to concerns about animal rights and environmental protection. This trend is expected to positively influence market growth over the forecast period.
The salad dressing segment accounted for more than 30% of global sour cream consumption in 2017 on account of rising awareness among consumers regarding healthy eating habits coupled with an increase in demand for fresh fruits and vegetables at restaurants and fast food joints across North America and Europe. Moreover, dips are also likely to witness significant growth on account of their high protein content which helps strengthen muscles, improve metabolism & lose weight quickly while dieting or being pregnant respectively Sour cream is a rich source of proteins, vitamins, minerals and fatty acids.
Regional Analysis:
North America was the largest regional market in 2017 owing to high demand for flavored dairy products. The U.S., being a major consumer of sour cream, is expected to remain dominant over the forecast period as well due to growing consumption of Mexican food and other ethnic foods across this region.
The presence of numerous producers coupled with changing consumer preferences towards healthy alternatives are likely to boost product demand over the coming years.
Growth Factors:
- Increasing demand for processed and convenience foods, which is driving the growth of the sour cream market.
- Rising disposable income of consumers, which is resulting in an increase in spending on premium food products such as sour cream.
- Growing popularity of western cuisine, especially in developing countries, is propelling the demand for sour cream globally.
- Rapid urbanization and changing lifestyles are leading to an increase in consumption of dairy products such as sour cream across regions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sour Cream Market Research Report
By Type
Organic Sour Cream, Conventional Sour Cream
By Application
Bakery Products, Salad Dressing, Dips, Snacks, Sauces, Ice Cream, Other
By Companies
Laiterie Chalifoux, Organic Valley, Cabot Creamery, WhiteWave Services, Uelzena Ingredients, Daisy Brand, Meggle
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Sour Cream Market Report Segments:
The global Sour Cream market is segmented on the basis of:
Types
Organic Sour Cream, Conventional Sour Cream
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bakery Products, Salad Dressing, Dips, Snacks, Sauces, Ice Cream, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Laiterie Chalifoux
- Organic Valley
- Cabot Creamery
- WhiteWave Services
- Uelzena Ingredients
- Daisy Brand
- Meggle
Highlights of The Sour Cream Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Organic Sour Cream
- Conventional Sour Cream
- By Application:
- Bakery Products
- Salad Dressing
- Dips
- Snacks
- Sauces
- Ice Cream
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sour Cream Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sour cream is a dairy product that is made from milk that has been acidified with lactic acid.
Some of the key players operating in the sour cream market are Laiterie Chalifoux, Organic Valley, Cabot Creamery, WhiteWave Services, Uelzena Ingredients, Daisy Brand, Meggle.
The sour cream market is expected to register a CAGR of 5.5%.
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 Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sour Cream Market Size and Volume Forecast by Type
5.3.1. Organic Sour Cream
5.3.2. Conventional Sour Cream
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sour Cream Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sour Cream Market Size and Volume Forecast by Application
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. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sour Cream Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sour Cream Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sour Cream Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sour Cream Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sour Cream Demand Share Forecast, 2019-2029
9. North 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
9.2. North America Sour Cream Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sour Cream Market Size and Volume Forecast by Application
9.4.1. Bakery Products
9.4.2. Salad Dressing
9.4.3. Dips
9.4.4. Snacks
9.4.5. Sauces
9.4.6. Ice Cream
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sour Cream Market Size and Volume Forecast by Type
9.7.1. Organic Sour Cream
9.7.2. Conventional Sour Cream
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sour Cream Demand Share Forecast, 2019-2029
10. Latin America 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. Latin America Average Pricing Analysis
10.2. Latin America Sour Cream Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sour Cream Market Size and Volume Forecast by Application
10.4.1. Bakery Products
10.4.2. Salad Dressing
10.4.3. Dips
10.4.4. Snacks
10.4.5. Sauces
10.4.6. Ice Cream
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sour Cream Market Size and Volume Forecast by Type
10.7.1. Organic Sour Cream
10.7.2. Conventional Sour Cream
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sour Cream Demand Share Forecast, 2019-2029
11. Europe 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. Europe Average Pricing Analysis
11.2. Europe Sour Cream Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sour Cream Market Size and Volume Forecast by Application
11.4.1. Bakery Products
11.4.2. Salad Dressing
11.4.3. Dips
11.4.4. Snacks
11.4.5. Sauces
11.4.6. Ice Cream
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sour Cream Market Size and Volume Forecast by Type
11.7.1. Organic Sour Cream
11.7.2. Conventional Sour Cream
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sour Cream Demand Share, 2019-2029
12. Asia Pacific 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. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sour Cream Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sour Cream Market Size and Volume Forecast by Application
12.4.1. Bakery Products
12.4.2. Salad Dressing
12.4.3. Dips
12.4.4. Snacks
12.4.5. Sauces
12.4.6. Ice Cream
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sour Cream Market Size and Volume Forecast by Type
12.7.1. Organic Sour Cream
12.7.2. Conventional Sour Cream
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sour Cream Demand Share, 2019-2029
13. Middle East & Africa Sour Cream Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sour Cream Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sour Cream Market Size and Volume Forecast by Application
13.4.1. Bakery Products
13.4.2. Salad Dressing
13.4.3. Dips
13.4.4. Snacks
13.4.5. Sauces
13.4.6. Ice Cream
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sour Cream Market Size and Volume Forecast by Type
13.7.1. Organic Sour Cream
13.7.2. Conventional Sour Cream
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sour Cream Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Sour Cream Market: Market Share Analysis
14.2. Sour Cream Distributors and Customers
14.3. Sour Cream Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Laiterie Chalifoux
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Organic Valley
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cabot Creamery
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. WhiteWave Services
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Uelzena Ingredients
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Daisy Brand
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Meggle
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
