The global sour cream powder market is poised for steady growth in the coming years, with Future Market Insights (FMI) projecting a market value of USD 2.05 billion by 2032. According to FMI’s latest report, the market is expected to register a Compound Annual Growth Rate (CAGR) of 2% during the forecast period, up from USD 1.68 billion in 2022.
Sour cream powder, a dehydrated form of sour cream with a fat content ranging from 30 to 60%, is gaining traction in various culinary applications, particularly in Europe and North America. This versatile ingredient can be reconstituted with water to form sour cream, making it suitable for a wide range of food preparations.
“The growth of the sour cream powder market is driven by its widespread usage across different recipes and food applications,” stated a Nandini Roy Choudhury, Client Partner at Future Market Insights. “With its convenience and extended shelf life, sour cream powder offers food manufacturers and consumers a convenient alternative to traditional sour cream.”
Sour cream powder is typically produced through a commercial process known as spray drying, where sour cream is dehydrated to form a fine powder. This process helps retain the flavor and texture of sour cream while enhancing its shelf stability.
The increasing demand for convenient food solutions and the growing popularity of sour cream-based dishes are expected to drive the market growth in the forecast period.
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The benefit of sour cream powder is that it can be stored for years, unlike sour cream which has to be consumed within a short duration of time. Also after opening the packet of the sour cream powder, it can be stored in air-tight containers inside a refrigerator.
The sour cream powder is being used in various food processing industries such as dairy, bakery, snack seasonings, sauces and dips and many more. The easy storage and distribution have shifted the consumers from buying sour cream to sour cream powder. The sour cream powder is also being used in the foodservice industry. The lack of unusual taste or odor makes the sour cream powder more appealing especially for the foodservice industry to incorporate into dishes.
Manufacturers of Sour Cream Powder Propelling Demand in North America
Mexico and the U.S. are two countries largely contributing towards the growth of the sour cream powder market in North America. People in North America prefer using sour cream powder for preparing condiments or to form a dipping sauce. Moreover, the strong presence of sour cream powder manufacturers is bolstering the demand for the same in the region.
Thus, North America is expected to register a CAGR of 3% for the sour cream powder market in the assessment period 2022-2032.
Market Competition
- Some of the leading players operating in the global sour cream powder market include Commercial Creamery Company, The Food Source International Inc., Bluegrass Dairy and Food Inc., Dr. Otto SuwelackNachf. GmbH & Co., Tsukuba Dairy Products Co., Ltd, Varesco Group, Barry Family Farm, Vermont Creamery, Rogers and Company Foods, Thrive Life LLC, Walton Feed Inc. Attributed to the presence of such a high number of participants, the market is highly competitive.
- In September 2021, Vermont Creamery debuted in Northeast supermarkets by launching three different sour cream flavors. The company is focusing on increasing its presence in different geographical regions.
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Sour Cream Powder Market: Segmentation
The sour cream powder market is segmented on the basis of type, end use, packaging, and distribution channel.
On the basis of type, the global sour cream powder market is segmented as-
- Low-fat
- Regular
On the basis of end use, the global sour cream powder market is segmented as-
- Food
- Food service (HoReCa)
- Salads and Dressings
- Sauces and Dips
- Snack Seasonings
- Bakery Products
- Dairy Products
- Household/Retail
On the basis of packaging, the global sour cream powder market is segmented as-
- Retail
- Airtight containers
- Paper Bags
- Pouches
- Bulk
On the basis of distribution channel, the global sour cream powder market is segmented as-
- Direct/B2B
- Indirect/B2C
- Hypermarket/Supermarket
- Specialty Stores
- Discount Stores
- Modern Grocery Stores
- Traditional Grocery Stores
- e-Retail
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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