The global clotted cream market is anticipated to witness a stellar growth during the forecast period 2018 – 2028, owing to the soaring demand from the food processing and food service industry. Rising consumption of dairy-based beverage and snack products by the health conscious population around the world is favoring the growth of the global clotted cream market. The clotted cream market is anticipated to undergo specific market dynamics in countries with emerging economies and a settled market dynamics in the developed countries due to importance of traditional cuisine in the region. For instance traditional cuisines in Europe and North America have helped the market to grow. Rising preference of cuisines of North America and Europe from Middle East and Africa and Asia Pacific is predicted to drive the global clotted cream market during the forecast period.
What are the Latest Happenings in the Clotted Cream Market?
In recent times, there have been couple of new product launches in market which have reshaped the market. For instance last year, in Cheshire, Clotton Hall Dairy which is a renowned dairy farm from U.K launched a complete new series of clotted cream products. The company claimed that the new product line is targeted for both foodservice and consumer end users.
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Which Region to Excel in the Market?
Europe is likely to dominate the market attributed to early initiation of the product which became the primary ingredient in traditional cuisines. The food and processed beverage industry in North America is anticipated to create lucrative opportunity for clotted cream market in years to come. On the other hand, Asia Pacific is anticipated to become the fastest growing market owing to rise in organized retails along with rapid urbanization in the region. Middle East and Africa and Latin America is expected to hold a decent share during the assessed period.