Whipping Topping Market Size, Share Global Analysis Report, 2021 – 2026

Industry Insights

[198+ Pages Report] The global whipping topping market size was assessed to be around USD 8 Billion in 2020 and is expected to grow at a CAGR of 9% from 2021 to 2026 to a value of USD 11 Billion by 2026.

Market Overview

Whipping cream is generally used to add a softer, fluffy, and creamy texture to pastry and bakery products. This texture is expected to stay for a longer time. The demand for this product is found to be growing in household food, soup, meat, bakery, ready-cooked dishes, desserts, ice cream, and homely coffee preparations. Additionally, the inclination toward natural/organic products is expected to further propel the global whipping topping market over the forecast period as the consumers are trying to avoid the consumption of chemical pesticides and fertilizers containing food.

Industry Growth Factors

Growing consumption of foods like ice creams, pies, hot chocolate milkshakes, cupcakes, sundaes, cakes, cheesecake, waffles, and puddings is expected to be the key factor driving the product demand. The increasing use of whipping topping in different deserts such as layered cakes, profiteroles, and also as a decorative component for delicacies like signature cakes and themed deserts is projected to drive the global whipping topping market. Furthermore, the rising demand for 30­36% of fat content due to more health consciousness among consumers will further augment market growth during the forecast period. The availability of whipped creams in different flavors such as vanilla, orange, cinnamon, coffee, rose, chocolate, and kahlua is expected to fuel the demand for the whipping topping market. Moreover, the rising popularity of social media due to a high number of food bloggers & the availability of posts and videos regarding whipping creams’ utilization in pies, cakes, tarts, etc. will bolster the global whipping topping market.

Segmentation Analysis

The global whipping topping market is divided into product, distribution channel, application, and regions.

Based on product, the market is segmented into dairy and non-dairy. The dairy products segment is expected to hold the highest market share during the forecast period due to its preference among retail customers, commercial bakers, and chefs as it is cost-effective compared to vegan products. Moreover, the diverse fat contents make it a preferable option among health-conscious customers. The global whipping topping market is classified into online and offline. The online category is projected to dominate the market due to rising online sales because of the internet usage among consumers to gain better access to different brands and various whipping topping products. The growing opportunities for the sales of whipping cream on the online platform due to reliability and security will drive the demand for whipping topping. The idea of increasing margins by reducing costs as per the vendors will benefit the market over the forecast period. On the basis of application, the whipping topping market is categorized into B2B and B2C. From all these, B2B accounts for the largest market share as the baking industry is flourishing at a rapid rate. Furthermore, the growing demand for natural, whole grains and preservative absent products will drive the demand for low-fat whipping topping. The interest in paying for healthy and costly food products also helps drive this segment.

Report Scope

Regional Analysis

The global whipping topping market is estimated to be led by Europe over the forecast period. The basic reason behind the market growth is the demand for whipping topping markets in regions such as the U.K., Netherlands, Germany, Belgium, and France. Additionally, the use of this product in coffee and pancakes in European regions on a large scale also boost the demand. On the other hand, Asia Pacific exhibits the fastest growth owing to rising investments in capital intensive tools for easy animal rearing and development of milk products in regions such as India and China, The presence of vitamins A, D, E, K, and choline as well as diet-consciousness among consumers is estimated to augment the global whipping topping market expansion.

Competitive Players

Some of the major players dominating the global whipping topping market include

• Granarolo S.p.A
• Rich Graviss Products Pvt. Ltd.
• Gruenewald Manufacturing Company Inc.
• GCMMF-Amul
• Conagra Brands-Reddi Wip
• Cabot Creamery
• Borden Dairy Company
• Gay Lea Foods Co-operative Ltd.
• Narsaria’s
• Hanan Products Co. Inc.

By Product Segment Analysis

• Dairy
  • Light
  • Heavy
  • Others
• Non-dairy

By Distribution Channel Segment Analysis

• Online
• Offline

By Application Segment Analysis

• B2B
• B2C

By Regional Segment Analysis

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA