Cream cheese is a spin around even the simplest recipes for bakers and makes them gourmet. If not for cream cheese, some popular delicacies like red velvet cake and cheesecake would never come to rise. The MRFR report suggests that the cream cheese market is estimated to attain USD 9.52 billion by 2032. Furthermore, the analysis predicts that the market will thrive at a healthy CAGR of over 4.70% during the review timeframe.
Market Insight:
The cream cheese market insight continues to thrive as a versatile and beloved dairy product, with an increasing demand driven by evolving consumer preferences and culinary trends. Key factors contributing to its growth include the rising popularity of convenience foods, the expansion of the foodservice industry, and the growing interest in diverse and innovative cream cheese flavors and applications. Health-conscious consumers are also driving demand for low-fat and reduced-calorie cream cheese options. Additionally, the market has witnessed an upsurge in demand for artisanal and plant-based cream cheese alternatives, reflecting a broader shift towards healthier and sustainable food choices. As the global palate becomes more adventurous, and with cream cheese being a staple in various cuisines worldwide, this market shows no signs of slowing down, with promising opportunities for both established brands and new entrants.
What Is Cream Cheese?
Cream cheese refers to a smooth, soft, fresh-tasting cheese made using either cream or a blend of milk and cream. It has a slight, sweet taste with a nice slight tang. It is spreadable, smooth, and used in both sweet and savory dishes. Cream cheese came to rise in 1872 by William Lawrence, an American dairyman of Chester, New York, who happened to come up with a technique of producing cream cheese while trying to prepare Neufchâtel, a type of French cheese. Soon, the ingredient became popular and was produced largely in Philadelphia, US, but is now used widely across the globe.
The preparation process of cream cheese is a bit easy. To make cream cheese, a blend of milk & cream (usually a 2:1 ratio) is heated and mixed with an acidic substance such as vinegar or lemon juice. The mixture has to stir from time to time until it thickens and then breaks into whey and cheese curds. Draw off the whey, transfer the curds in a food processor, and stir until the curd is completely creamy and smooth. The production of cream cheese includes only four simple ingredients such as milk, acid (like lemon juice or vinegar), cream, and salt. It can easily be made at home. Cream cheese is prepared using lactic acid, and it is preferably best to consume it fresh. The ingredient is known to have a short shelf life but can be refrigerated to protect from premature spoilage. When it comes to homemade cream cheese, it is advised to consume it within a week without refrigeration and can be used for two weeks when refrigerated.
What Is Cream Cheese Used For?
Cream cheese has slight, tangy, and sweet flavors making it an ideal choice for savory and sweet dishes. It is used as a base for all Cream Cheese Frostings, Cheesecakes and can also be used with other classic baked confectionaries such as Brownies to provide them a gourmet twist. It also sets well with multiple vegetables, fruits, spices, and herbs and makes it perfect for consumption as spreads and dips.
Nutrition
Several kinds of cream cheese are available for purchase, including flavored, whipped, double-cream, and regular. Thus, its nutritional profile varies with the particular product and brand. Usually, 1 ounce (28 grams) of regular cream cheese offers 99 calories, 10 grams of fat, no fiber, 2 grams of carbs, 2 grams of protein, Riboflavin (vitamin B2): 5% of the DV, and vitamin A: 10% of the daily value. It is rich in fat and comprises a tiny amount of protein and carbs. Whipped cream has low fat and calorie contents per serving.
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Benefits
Along with being a tasty spread, cream cheese also has beneficial properties. Some of the popular benefits offered by cream cheese are listed below:
Rich in vitamin A
It comprises a substantial amount of vitamin A. a single ounce contains 87 mg of vitamin A, which is around 10% of the DV. Vitamin A is highly beneficial for the intestines, lungs, and skin tissues.
Supplies antioxidants
It is an abundant source of antioxidants that protect the body from unstable molecules called free radicals capable of causing cellular damage.
Possess probiotic effects
Cream cheese is prepared with a starter culture from lactic acid bacteria. Some of them are prebiotics, friendly bacteria, which provide health benefits.
Low in lactose
Lactose refers to a kind of sugar found in dairy products such as yogurt, cheese, and milk. A single ounce of cream cheese comprises less than 2 grams of lactose, making it ideal for people with lactose intolerance.
Market Trends
The cream cheese market outlook is poised for steady growth in the coming years, driven by the rising demand for convenience foods and the expanding global foodservice industry. Consumers' evolving preferences for creamy and indulgent flavors, along with the versatility of cream cheese in both sweet and savory dishes, are expected to fuel market expansion. Additionally, the growing popularity of home baking and cooking, as well as the increasing adoption of cream cheese in various culinary applications, will contribute to market growth. Furthermore, manufacturers are likely to focus on product innovation and expanding their product portfolios to cater to diverse consumer tastes, which will further stimulate the cream cheese market's positive outlook. However, market players should also address health-conscious consumers' concerns by offering healthier alternatives and exploring low-fat and reduced-calorie cream cheese options to maintain their competitive edge in this evolving landscape.
Key Players are:
Good Planet Foods (US), Horizn Organic Dairy LLC (US), Alouette Cheese USA LLC (US), Franklin Foods (US), The Kraft Heinz Company (US), Galaxy Nutritional Foods, Inc. (US), Dr-Cow Tree Nut Cheese (US), Parmela Creamery (US), Arla Foods amba (Germany), Miyoko’s Creamery (US), WayFare Health Foods (US), Tofutti Brands, Inc., (US), Kite Hill (US)
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