About Vegan Whipped Cream
Vegan whipped cream is simple cream made from plant-based ingredients rather than dairy milk. The most popular ingredients are base soya, oats, cashew nuts, coconut, etc. It is used in many food industries as an alternative to non-vegan whipped cream. This type of plant-based cream is used in recipes. It is used to decorate cakes, cupcakes in banking.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The global Vegan Whipped Cream market is fragmented due to the presence of various manufacturers at the global and regional levels. The level of competition among the companies in the Vegan Whipped Cream market is intense and manufacturers focus on developing new flavors with nutrition for the customers. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Vegan Whipped Cream market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
FrieslandCampina (Netherlands), So Delicious Dairy Free (Canada), Reddi-Wip (United States), PEAK FOODS (United States), Gay Lea Foods (Canada), Trader Joe's (United States), Schlagfix (Germany), Food Heaven (United Kingdom), Natures Charm (United States), Silk (United States) and DIA Foods (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Vegan Whipped Cream market by Type (Original Whipping Cream, Light Whipping Cream and Others), Application (Food and Beverage, Bakery, Household and Others) and Region.
On the basis of geography, the market of Vegan Whipped Cream has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Vegan Whipped Cream market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavors, the sub-segment i.e. Coconut will boost the Vegan Whipped Cream market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Pouch will boost the Vegan Whipped Cream market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In May 2021 FrieslandCampina had announced the launch of Kievit Vana-Monte V98. The Kievit Vana-Monte V98 delights consumers with a remarkable sensory experience thanks to a pristine clean mouthfeel, a creamy mouthfeel, and a great flavour release. Vegan and gluten-free label alternatives are available for the product. Along with greater interest in food's origin and a desire for a diet that is more diverse and balanced, consumers are becoming more health conscious and more mindful of their own health. A fourth, more recent factor that influences people to eat vegan is said to be greater flavour. Veganism is attracting the attention of mainstream consumers as the demand for plant-based substitutes drives expansion to more market categories and geographic areas.
Market Drivers
- Growing Need for Alternative to Dairy Whipped Cream
- Increasing Demand for Dairy-Free & Vegan Product
Opportunities
- Growing Food and Beverage Industry in The Countries Creating Huge Opportunities for Vegan Whipped Cream Market
- Wide Range of Vegan Whipped Cream Leads Growth in Distribution Markets B2B and B2C
Restraints
- Presence of Several Low-quality Vegan Whipped Cream in the Market in Lower Prices
Challenges
- Market Presence with Numerous Players Pose a Challenge for Vegan Whipped Cream
Key Target Audience
Vegan Whipped Cream Manufacturers, Vegan Whipped Cream International Traders, Vegan Whipped Cream Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.