North America Sour Cream Market Size (2024 - 2029)

The North American sour cream market is experiencing growth, driven by increased consumer focus on dairy products and the demand for health-oriented options. The pandemic has positively influenced the dairy sector, stabilizing demand at elevated levels. Factors such as the rise in popularity of low-fat and non-dairy alternatives, convenient packaging, and clean label claims are contributing to the expansion of the market. Manufacturers are responding to these trends by introducing innovative products, further propelling the market size.

Market Size of North America Sour Cream Industry

NA Sour Cream Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.50 %
Market Concentration Low

Major Players

North America Sour Cream Market Major Players

*Disclaimer: Major Players sorted in no particular order

North America Sour Cream Market Analysis

The North American sour cream market is forecasted to grow at a CAGR of 3.5% during the forecast period (2022- 2027).

The sudden outbreak of the COVID-19 pandemic has led to the implementation of strict lockdowns across several nations resulting in slight disruptions in the import and export activities of Sour Cream. Nevertheless, the pandemic has had a positive impact on the dairy industry. With consumers now focusing on dairy products, the demand for dairy is stabilizing at a higher level than pre-pandemic. For instance, According to Organisation for Economic Co-operation and Development, Sour Cream had a 17% increase, with sales up 26% during COVID compared to 2019. Sour cream contains beneficial bacteria, which support digestive health, thus, rising in demand. Increased demand for low-fat sour cream, convenient packaging format, consumption of toppings, organic whipped cream, and low-fat cream has fueled the sour cream market growth.

Due to the rising lactose-intolerant and vegan population in the country, there is an increase in the demand for non-dairy sour creams. The region has witnessed an increasing demand for sour cream with clean label claims, such as gluten-free and fat-free. These demands are supported by manufacturers focusing on introducing innovative products, thereby driving the growth of the market studied.

North America Sour Cream Industry Segmentation

Sour cream is mainly described as a dairy product obtained from the fermenting process with regular cream with certain kinds of lactic acid bacteria. The North American sour cream market is segmented based on the type and distribution channels adopted by the manufacturers to distribute their product offerings. The market is segmented b type into dairy and non-dairy. The channels adopted include supermarkets/hypermarkets, convenience stores, online retail stores, and other distribution channels. Based on geography, the United States, Canada, Mexico, and the Rest of North America. The report offers market size and forecasts for the sour cream market in value (USD million) for all the above segments.

By Product Type
Dairy
Non-Dairy
By Distribution Channel
Supermarkets/ Hypermarkets
Convenience Stores
Online Retail Stores
Other Distribution Channels
Geography
United States
Canada
Mexico
Rest of North America
Need A Different Region Or Segment?
Customize Now

North America Sour Cream Market Size Summary

The North American sour cream market is experiencing a steady growth trajectory, driven by evolving consumer preferences and innovative product offerings. The market has shown resilience despite disruptions caused by the COVID-19 pandemic, which initially impacted import and export activities. However, the pandemic also led to a surge in demand for dairy products, including sour cream, as consumers increasingly focused on health benefits such as digestive support. The market is witnessing a shift towards low-fat and organic options, with convenient packaging formats gaining popularity. The rise in lactose intolerance and veganism has further fueled the demand for non-dairy and lactose-free sour cream alternatives, prompting manufacturers to introduce products with clean label claims like gluten-free and fat-free.

The United States leads in sour cream consumption, with Canada and Mexico following closely. Consumers are seeking diverse flavors and innovative uses, such as in dips and spreads, which has encouraged brands to experiment with exotic flavor combinations. The market is characterized by a few major players who are actively launching new products and expanding their offerings to capture a larger consumer base. Companies like Kraft Foods, Daisy Brand LLC, and Saputo Inc. are focusing on product innovation and strategic expansions to maintain their market positions. The introduction of plant-based and cultured sour cream products reflects the industry's response to changing dietary preferences, further contributing to the market's growth potential.

Explore More

North America Sour Cream Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product Type

      1. 2.1.1 Dairy

      2. 2.1.2 Non-Dairy

    2. 2.2 By Distribution Channel

      1. 2.2.1 Supermarkets/ Hypermarkets

      2. 2.2.2 Convenience Stores

      3. 2.2.3 Online Retail Stores

      4. 2.2.4 Other Distribution Channels

    3. 2.3 Geography

      1. 2.3.1 United States

      2. 2.3.2 Canada

      3. 2.3.3 Mexico

      4. 2.3.4 Rest of North America

North America Sour Cream Market Size FAQs

The North America Sour Cream Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029)

Daisy Brand LLC, Dean Foods, Kraft Heinz Company, Organic Valley and Lactalis Group are the major companies operating in the North America Sour Cream Market.

North America Sour Cream Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)