According to the report, the global non-dairy creamer market is projected to grow at a CAGR of 5.5% between 2023 and 2028. Aided by the growing demand for plant-based alternatives and heightened consumer health consciousness, the market is expected to grow significantly by 2028.
Non-dairy creamers, often crafted from plant-derived milks like almond, coconut, soy, or oat, are becoming increasingly favoured as a milk substitute in coffee, tea, and other beverages. These creamers not only serve the lactose intolerant and vegan demographics but also cater to those seeking lower calorie and healthier options in their diets. While initially launched to provide a longer shelf-life alternative to dairy, they've now found a unique place in the modern consumer's pantry, embodying versatility, health, and taste.
The rising prevalence of lactose intolerance worldwide has been a significant factor propelling the non-dairy creamer market growth. As consumers become more knowledgeable about their dietary needs and the impacts of their food choices on overall health, there has been a palpable shift towards products that align with these preferences. Non-dairy creamers, with their cholesterol-free and often lower calorie profiles, fit seamlessly into this paradigm.
The wellness and fitness wave, sweeping across the globe, further accentuates the market's growth trajectory. Non-dairy creamers, especially those fortified with proteins, vitamins, and essential minerals, are being increasingly viewed as a value-added component in the daily diet. This perception, paired with a burgeoning cafe culture and the rising popularity of home-brewed beverages, has significantly uplifted the product's demand.
Diving deeper into the applications, the food and beverage industry remains a significant contributor to the non-dairy creamer market demand. Non-dairy creamers have found applications beyond beverages, featuring in baked goods, soups, and even breakfast cereals, thanks to their rich and creamy texture. The food processing industry appreciates these creamers for their consistency, ability to impart flavour without overpowering the dish, and their general adaptability.
The allure of non-dairy creamers isn't just limited to their health benefits. The innovation in flavour profiles - from hazelnut and vanilla to unique offerings like matcha and blueberry - offers consumers a diverse palette to choose from, further enhancing their appeal.
Geographically, the Asia Pacific accounts for a significant portion of the non-dairy creamer market share. With its robust coffee culture, especially in countries like Vietnam, Indonesia, and Thailand, coupled with its significant lactose-intolerant population, the region provides a fertile ground for market growth. Meanwhile, North America and Europe, with their increasing vegan populations and a pronounced shift towards health-centric products, are also regions of significant interest.
This high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Non-dairy creamers, often crafted from plant-derived milks like almond, coconut, soy, or oat, are becoming increasingly favoured as a milk substitute in coffee, tea, and other beverages. These creamers not only serve the lactose intolerant and vegan demographics but also cater to those seeking lower calorie and healthier options in their diets. While initially launched to provide a longer shelf-life alternative to dairy, they've now found a unique place in the modern consumer's pantry, embodying versatility, health, and taste.
The rising prevalence of lactose intolerance worldwide has been a significant factor propelling the non-dairy creamer market growth. As consumers become more knowledgeable about their dietary needs and the impacts of their food choices on overall health, there has been a palpable shift towards products that align with these preferences. Non-dairy creamers, with their cholesterol-free and often lower calorie profiles, fit seamlessly into this paradigm.
The wellness and fitness wave, sweeping across the globe, further accentuates the market's growth trajectory. Non-dairy creamers, especially those fortified with proteins, vitamins, and essential minerals, are being increasingly viewed as a value-added component in the daily diet. This perception, paired with a burgeoning cafe culture and the rising popularity of home-brewed beverages, has significantly uplifted the product's demand.
Diving deeper into the applications, the food and beverage industry remains a significant contributor to the non-dairy creamer market demand. Non-dairy creamers have found applications beyond beverages, featuring in baked goods, soups, and even breakfast cereals, thanks to their rich and creamy texture. The food processing industry appreciates these creamers for their consistency, ability to impart flavour without overpowering the dish, and their general adaptability.
The allure of non-dairy creamers isn't just limited to their health benefits. The innovation in flavour profiles - from hazelnut and vanilla to unique offerings like matcha and blueberry - offers consumers a diverse palette to choose from, further enhancing their appeal.
Geographically, the Asia Pacific accounts for a significant portion of the non-dairy creamer market share. With its robust coffee culture, especially in countries like Vietnam, Indonesia, and Thailand, coupled with its significant lactose-intolerant population, the region provides a fertile ground for market growth. Meanwhile, North America and Europe, with their increasing vegan populations and a pronounced shift towards health-centric products, are also regions of significant interest.
Market Segmentation
The market can be divided based on form, type, flavour, application, and region.Market Breakup by Form
- Powder
- Liquid
Market Breakup by Type
- Low Fat NDC
- Medium Fat NDC
- High Fat NDC
Market Breakup by Flavour
- French Vanilla
- Caramel
- Hazelnut
- Irish Crème
- Others
Market Breakup by Application
- Coffee
- Milk Tea
- Baking Food
- Drinks and Candy
- Instant Cereal
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global non-dairy creamer market. Some of the major players explored in the report are as follows:- 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
- Others
About the Publisher
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.This high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Industry Opportunities and Challenges11 Value Chain Analysis16 Industry Events and Developments
3 Report Description
5 Executive Summary
6 Snapshot
8 Global Non-Dairy Creamer Market Analysis
9 Regional Analysis
10 Market Dynamics
12 Regional Price Analysis
13 Feedstock Average Price Trends
14 Trade Data Analysis
15 Competitive Landscape
List of Key Figures and Tables
Companies Mentioned
- Nestle SA
- Dean Foods co.
- Cargill
- Incorporated.
- Fujian Jumbo Grand Food Co. Ltd
- Kerry Group Plc
- Rich Products Corporation
- PT Santos Premium Krimer
- Barry Callebaut AG
- FrieslandCampina Kievit
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 155 |
Published | September 2023 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 1.57 Billion |
Forecasted Market Value ( USD | $ 2.05 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |