The dairy-free cream liqueur market was valued at $1.54 Billion in 2021, and is estimated to reach $4.20 Billion by 2031, registering a CAGR of 10.8% from 2022 to 2031. In 2021, dairy-free cream liqueurs made with almond milk occupied the largest market share due to the neutral flavor as well as the creamy texture of the milk. Dairy-free cream liqueur is a type of cream liqueur made from nondairy milk such as almond milk, oat milk, and coconut milk. People with medical conditions such as lactose intolerance or dietary preferences such as veganism are the major consumers of these beverages.
The hospitality industry is rapidly expanding and will continue this trend, especially in the post-covid scenario. Many of these commercial establishments sell spirits and alcoholic beverages as well as food pairings to complement the flavor of the liqueur. Dairy-free cream liqueur is a sweeter liqueur that pairs well with cheese, cakes, and sorbets. In addition, it is used to make a variety of cocktails and desserts. As dairy-free cream liqueur is not widely available, many bars and restaurants are stocking it as a one-of-a-kind offering to their customers. Increase in the number of such commercial establishments is fueling the growth of the dairy-free cream liqueur market.
Consumers worldwide are increasing their spending on recreational activities such as going to bars, pubs, and parties as well as attending various music events and festivals. The consumption of alcohol during such recreational activities is significant, and many such events and establishments offer a variety of offerings to their customers, including dairy-free cream liqueurs. As the global vegan population grows, many engaged stakeholders in the food & beverage industry are developing vegan versions of their products, including cream liqueurs. Many manufacturers are developing vegan cream liqueurs, which is increasing the demand for such liqueurs, thus assisting the market to grow significantly.
Cream liqueurs are created by blending milk, cream, flavoring agents, and spirits. Consumers are seeking vegan cream liqueurs, as the trend of veganism is increasing significantly. Making cream liqueurs at home, on the other hand, is not difficult, and there are numerous recipes available on the internet that provide detailed instructions for making vegan cream liqueurs at home. Consumers are now increasing their consumption of homemade dairy-free cream liqueurs due to the assurance of product quality and the slightly lower costs associated with making such products at home. This increase in household production of dairy-free cream liqueur has a negative impact on the market.
Demand for dairy-free cream liqueurs is increasing significantly around the world, particularly in developing countries. Many new players are entering the dairy-free cream liqueurs market in both developed and developing countries to provide their consumers with a diverse range of dairy-free cream liqueurs. In developing countries, a greater number of local players are expected to emerge to provide consumers with local options for dairy-free cream liqueurs that are less expensive than imported liqueurs. Thus, increase in number of players in the dairy-free cream liqueur market is expected to provide consumers with more options, which promotes the market growth significantly.
The global dairy-free cream liqueur market is segmented into source, flavor, distribution channel, and region. By source, the market is classified into almond, oat, coconut, and others. Depending on flavor, it is categorized into chocolate, caramel, vanilla, strawberry, and others. According to distribution channel, it is bifurcated into on trade and off trade. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Netherlands, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, and rest of LAMEA).
Some of the major players analyzed in this report are Arctic Blue Beverages, Bar Napkin Spirits, LLC, Bottega SPA, Buglisi Recobs Group Inc., Diageo plc, Dirty Cow Chocolate Ltd., Distell Group Limited, Global Brands Limited, Hingston & Co. Limited, Panther Milk, The Reformed Spirits Company Holdings, Tokaj Spirit, Walders, and Zamora Company.
The hospitality industry is rapidly expanding and will continue this trend, especially in the post-covid scenario. Many of these commercial establishments sell spirits and alcoholic beverages as well as food pairings to complement the flavor of the liqueur. Dairy-free cream liqueur is a sweeter liqueur that pairs well with cheese, cakes, and sorbets. In addition, it is used to make a variety of cocktails and desserts. As dairy-free cream liqueur is not widely available, many bars and restaurants are stocking it as a one-of-a-kind offering to their customers. Increase in the number of such commercial establishments is fueling the growth of the dairy-free cream liqueur market.
Consumers worldwide are increasing their spending on recreational activities such as going to bars, pubs, and parties as well as attending various music events and festivals. The consumption of alcohol during such recreational activities is significant, and many such events and establishments offer a variety of offerings to their customers, including dairy-free cream liqueurs. As the global vegan population grows, many engaged stakeholders in the food & beverage industry are developing vegan versions of their products, including cream liqueurs. Many manufacturers are developing vegan cream liqueurs, which is increasing the demand for such liqueurs, thus assisting the market to grow significantly.
Cream liqueurs are created by blending milk, cream, flavoring agents, and spirits. Consumers are seeking vegan cream liqueurs, as the trend of veganism is increasing significantly. Making cream liqueurs at home, on the other hand, is not difficult, and there are numerous recipes available on the internet that provide detailed instructions for making vegan cream liqueurs at home. Consumers are now increasing their consumption of homemade dairy-free cream liqueurs due to the assurance of product quality and the slightly lower costs associated with making such products at home. This increase in household production of dairy-free cream liqueur has a negative impact on the market.
Demand for dairy-free cream liqueurs is increasing significantly around the world, particularly in developing countries. Many new players are entering the dairy-free cream liqueurs market in both developed and developing countries to provide their consumers with a diverse range of dairy-free cream liqueurs. In developing countries, a greater number of local players are expected to emerge to provide consumers with local options for dairy-free cream liqueurs that are less expensive than imported liqueurs. Thus, increase in number of players in the dairy-free cream liqueur market is expected to provide consumers with more options, which promotes the market growth significantly.
The global dairy-free cream liqueur market is segmented into source, flavor, distribution channel, and region. By source, the market is classified into almond, oat, coconut, and others. Depending on flavor, it is categorized into chocolate, caramel, vanilla, strawberry, and others. According to distribution channel, it is bifurcated into on trade and off trade. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, Netherlands, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, and rest of LAMEA).
Some of the major players analyzed in this report are Arctic Blue Beverages, Bar Napkin Spirits, LLC, Bottega SPA, Buglisi Recobs Group Inc., Diageo plc, Dirty Cow Chocolate Ltd., Distell Group Limited, Global Brands Limited, Hingston & Co. Limited, Panther Milk, The Reformed Spirits Company Holdings, Tokaj Spirit, Walders, and Zamora Company.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the dairy free cream liqueur market analysis from 2021 to 2031 to identify the prevailing dairy free cream liqueur market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the dairy free cream liqueur market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global dairy free cream liqueur market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Source
- Oat
- Coconut
- Others
- Almond
By Flavor
- Chocolate
- Caramel
- Vanilla
- Strawberry
- Others
By Distribution Channel
- On Trade
- Off Trade
- Sub Type
- Supermarkets and Hypermarkets
- Specialty Stores
- Convenience Stores
- Online Channels
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- South Africa
- Rest of LAMEA
Key Market Players
- Bottega SPA
- Walders
- Tokaj Spirit
- Panther Milk
- Zamora Company
- Buglisi Recobs Group Inc
- Bar Napkin Spirits, LLC
- Diageo plc.
- Distell Group Limited
- Dirty Cow Chocolate
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: DAIRY FREE CREAM LIQUEUR MARKET, BY SOURCE
CHAPTER 5: DAIRY FREE CREAM LIQUEUR MARKET, BY FLAVOR
CHAPTER 6: DAIRY FREE CREAM LIQUEUR MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: DAIRY FREE CREAM LIQUEUR MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Bottega SPA
- Walders
- Tokaj Spirit
- Panther Milk
- Zamora Company
- Buglisi Recobs Group Inc
- Bar Napkin Spirits, LLC
- Diageo plc.
- Distell Group Limited
- Dirty Cow Chocolate
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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