Global Non-Dairy Creamer Market Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2023-2028
The ‘Global Non-Dairy Creamer Market Price, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global non-dairy creamer market, assessing the market on the basis of its segments like form, type, flavour, application, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
Non-Dairy Creamer Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 1.48 billion
• Forecast CAGR (2023-2028): 5.5%
• Forecast Market Size (2028): USD 2.05 billion
The surging health consciousness among people is driving the non-dairy creamer market demand as it doesn’t include lactose and is considered healthy due to the existence of several micro and macronutrients. The additional healthy substance in non-dairy creamer substantially contributes to the market growth globally as most of the non-dairy creamers are sugar-free and are made mainly from almonds or coconuts.
Moreover, the rising inclination of consumers toward plant-based creamers is likely to boost the market demand for non-dairy creamers among consumers. Plant-based creamers are considered superior compared to dairy-based creamers as plant-based creamers don’t contain dietary cholesterol, hormonally active complexes, or other elements found in dairy-related products that have negative health consequences.
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The market has further registered a rise in the popularity of non-dairy creamer because of the surging adoption of veganism among people. The increasing disposable income and a rise in urban population coupled with the extensive availability of non-dairy creamer over both distribution channels including online and offline stores are further bolstering the market growth. The surging emergence of different new flavours is likely to create various opportunities for the non-dairy creamer market expansion over the upcoming years.
Non-Dairy Creamer Industry Definition and Major Segments
Non-dairy creamer is a plant oil powder that is created from hydrogenated vegetable oil, glucose syrup, and milk protein. It is also called coffee whiteners with liquid or granular constituents projected to substitute for cream or milk as an additive for hot chocolate, tea, coffee, or other beverages. Non-dairy is generally employed on coffee creamers created from a milk protein, caseinate, instead of cream or milk.
On the basis of form, the market is bifurcated into:
By type, the market is categorised into:
- Low Fat NDC
• High Fat NDC
• Medium Fat NDC
Based on flavour, the non-dairy creamer market is segmented into:
- French Vanilla
• Irish Crème
On the basis of application, the market is segregated into:
• Milk Tea
• Baking Food
• Instant Cereal
• Drinks and Candy
By region, the market is segmented into:
- North America
• Latin America
• Asia Pacific
• Middle East
Non-Dairy Creamer Market Trends
The global non-dairy creamer market is expected to gain momentum during the forecast period on account of the rising consumption of coffee and tea along with ready-to-drink beverages. With the increasing demand for flavoured beverages among lactose intolerant consumers and the emergence of healthier non-dairy creamer substitutes like rice, coconut, and almond milk, the market is expected to boost in the coming timeframe.
Going further, the surging acceptance of coffee culture among various consumers and the growing food and beverage industry along with evolving technology is projected to fuel the non-dairy creamer market sales over the upcoming years. This is on account of the arrival of advanced techniques like spray-drying as well as hydrogenation through which the production of creamer without milk became possible. Also, with technological advancements, the non-dairy creamer production cost became reduced. The rising demand for non-dairy, clean label, healthy food products among users is driving the non-dairy creamer demand in the market.
Based on the region, the Asia Pacific is anticipated to register substantial growth in the non-dairy creamer market share on account of the changing lifestyle of consumers along with the high disposable income of people. This is especially true for emerging economies such as India and China which are also witnessing increased processed food consumption and are further expected to boost the market growth of non-dairy creamer in the region.
The increase in the popularity of non-dairy products among consumers is likely to boost market demand across the region. Meanwhile, North America is holding a considerable market share for non-dairy creamers due to the high production of non-dairy creamer in the region.
Key Market Players
The major players in the global non-dairy creamer market report are:
- Nestle SA
- Dean Foods Co.
- Cargill Inc.
- Fujian Jumbo Grand Food Co., Ltd
- Kerry Group Plc
- Rich Products Corporation
- PT Santos Premium Krimer
- Barry Callebaut AG
- FrieslandCampina Kievit
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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