The Sour Cream Market in North America - Forecast to 2023: Analysis by Distribution Channel and Geography - ResearchAndMarkets.com
Sep. 04, 2018
DUBLIN--(BUSINESS WIRE)--Sep 4, 2018--The "North America Sour Cream Market - Segmented by Distribution Channel and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The North American Sour cream market was valued at USD 572 million in 2017 and is expected to register a fast growth rate during 2018-2023.
US is the largest market accounting for 65% of the value sales which is followed by Canada. The North America Sour cream sale volume is expected to witness a CAGR of 2.2%, during the forecast period. North America consumed about 79 million Kg of Sour Cream in 2017.
North America is expected to grow at a fast pace due to high demand of cultured dairy products. Sour cream contains beneficial bacteria, which supports digestive health, thus rising in demand. Increased demand for low fat sour cream, convenient packaging format, consumption of toppings, growing demand for organic whipped cream, and low fat cream has fueled the Sour Cream market growth.
Key HighlightsInnovative Packaging Led the Way US the Largest Market
Notable Market DevelopmentKlondike Cheese Co. launched Adelphos Reduced Fat Sour Cream. The product has 40% less fat than the traditional sour cream. The product has only 25 calories per serving while other leading brands of sour cream product contain an average of 64 calories per serving.
Key Topics Covered
2. Research Approach and Methodology
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. List of Company Profiles
7. Companies CoveredKraft Foods Group Inc. Daisy Brand LLC Dean Foods Unilever PLC Bongrain SA Fonterra Co-Operative Group Limited Meiji Holdings Co. Ltd. Groupe Lactalis Groupe Danone SA Land O'Lakes Kemps LLC
For more information about this report visit https://www.researchandmarkets.com/research/xrvzd3/the_sour_cream?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180904005898/en/
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Related Topics:Milk and Cream
KEYWORD: NORTH AMERICA
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/04/2018 05:40 PM/DISC: 09/04/2018 05:40 PM