Sour Cream Powder Market

Sour Cream Powder Market Snapshot (2022 to 2032)

Global sour cream powder market is expected to accumulate a market value of USD 1.68 Billion in 2022 and is expected to register a CAGR of 2% by garnering a market value of USD 2.05 Billion during the 2022 to 2032 forecast period. Growth of the market can be attributed to the usage of sour cream powder in different recipes, especially in Europe and North America.

Report Attribute	Details
Estimated Base Year Value (2021)	USD 1.65 Million
Expected Market Value (2022)	USD 1.68 Billion
Anticipated Forecast Value (2032)	USD 2.05 Billion
Projected Growth Rate (2022 to 2032)	2% CAGR

The sour cream powder is dehydrated sour cream with a fat content between 30 and 60%. The sour cream powder when mixed with an appropriate amount of water, formulates into sour cream. This can be used for various food applications.

The sour cream powder is produced on a commercial basis by spray drying the sour cream to form the powder. Sour cream is obtained by fermenting regular cream with bacterial culture to make the cream sour and also thicken the cream.

The lactic acid bacteria used for this process is either introduced deliberately or naturally. The fat content of the sour cream powder is high to give it a thicker consistency, but there is the availability of low-fat sour cream powder in the market for the health-conscious consumers.

Which are Some Prominent Drivers Sour Cream Powder Market?

The benefit of the sour cream powder is that it can be stored for years, unlike the 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 food service industry. The lack of unusual taste or odor makes the sour cream powder more appealing especially for the food service industry to incorporate into dishes.

There have been recent developments in the sour cream powder, and various flavors are being launched into the market. There is ongoing research on manufacturing sour cream powder which is lactose-free for lactose intolerant and vegan consumers.

Production of the sour cream powder instead of sour cream is a good alternative for production cost optimization. The sour cream powder requires extra processing but the overall packaging, storage, and logistics prices are less than the production of the latter.

The sour cream powder being solid, the storage and logistics charges are very less and so is the import charges. Also, packaging of the sour cream powder can be done in an innovative way, which can improve the product conservation and can increase the market value of the product.

What are the Challenges Faced by the Sour Cream Powder Market?

The increasing lactose intolerant population in different regions across the globe is derailing the progress of the sour cream powder market. Although manufacturers of sour cream powders are launching vegan powders, the commercialization of the same is becoming a hurdle for the progress of the sour cream powder market.

Presence of Manufacturers of Sour Cream Powder Propelling Demand in North America?

Mexico and the USA 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 to 2032.

Availability of Milk and Cream Boosting Demand for Sour Cream Powder in Europe?

Europe is the hotspot for sour cream powder market. This is owing to the large availability of milk and cream in the region. Countries like Germany, UK and Russia have shown a growing inclination towards investing in sour cream powder. Moreover, sour cream powder has become an essential ingredient in most recipes in the country. the launch of vegan sour cream powders along with the easy availability of the same is positively influencing the market for sour cream powder.

Thus, owing to the aforementioned factors, Europe is expected to register a CAGR of 5% for sour cream powder in the forecast period 2022 to 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.

Report Scope

Report Attribute	Details
Market Value in 2022	USD 1.68 Billion
Market Value in 2032	USD 2.05 Billion
Growth Rate	CAGR of 2% from 2022 to 2032
Base Year for Estimation	2021
Historical Data	2017 to 2021
Forecast Period	2022 to 2032
Quantitative Units	Revenue in USD Million and CAGR from 2022 to 2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered	Type, End Use, Packaging, Distribution Channel, Region
Regions Covered	North America; Latin America; Europe; East Asia; South Asia & Pacific; MEA
Key Countries Profiled	USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa
Key Companies Profiled	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; Rogers and Company Foods; Thrive Life LLC; Walton Feed Inc.
Customization	Available Upon Request

Key Segments Profiled in the Sour Cream Powder Industry Survey

Type:

• Low-fat
• Regular

End use:

• Food
• Food service (HoReCa)
• Salads and Dressings
• Sauces and Dips
• Snack Seasonings
• Bakery Products
• Dairy Products
• Household/Retail

Packaging:

• Retail
• Airtight containers
• Paper Bags
• Pouches
• Bulk

Distribution Channel:

• Direct/B2B
• Indirect/B2C
• Hypermarket/Supermarket
• Specialty Stores
• Discount Stores
• Modern Grocery Stores
• Traditional Grocery Stores
• e-Retail

Frequently Asked Questions

What is the anticipated growth of the sour cream powder market until 2032?

FMI projects the global sour cream powder market to expand at a 2% value CAGR by 2032

Which region is forecast to be the most lucrative for sour cream powder market growth?

Europe is expected to be the most opportunistic sour cream powder market, expanding at a 5% CAGR

Which are some prominent sour cream powder manufacturers?

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, Vermont Creamery, Barry Family Farm, Rogers and Company Foods, Thrive Life LLC, Walton Feed Incare some prominent sour cream powder manufacturers.