Reddi-Wip is that creamy, white, light and fluffy food, parfait, milkshake accessory. It makes dessert and fruits all the more amazing. Reddi-Wip is brought to you by ConAgra foods. Whether you crave it on top of your frappe and devour right away, or if you let it melt a little and pick up the whipped goodness at the bottom, Reddi-Wip is a perfect addition. Reddi-Wip was actually invented by an inventor in 1948. Well, anyone can whip cream, what he really did was preserve that whipped cream state and put it in a spray can which several people can attest to using to squirt the delicious taste right into their mouth.