Non-Dairy Creamer Market To Garner $2,386.6 Million, Globally, By 2027 At 7.3% CAGR, Says Allied Market Research

Non-Dairy Creamer Market

The growth of the non-dairy creamer market is driven by changes in food & beverage consumption patterns and rise in fitness concern among people

PORTLAND, OR, US, December 5, 2023 /EINPresswire / -- Non-Dairy Creamer Market by Origin (Almond, Coconut, Soy & Others), Form (Powdered & Liquid), Nature (Organic and Conventional), and Sales Channel (Supermarkets/Hypermarkets, Online Stores, Departmental Stores, Online Stores, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027." According to the report, the global non-dairy creamer industry generated $1.73 billion in 2019, and is expected to garner $2.38 billion by 2027, witnessing a CAGR of 7.3% from 2021 to 2027.

Click Here Request Report PDF:

Non-dairy creamer is a lactose-free alternative to the milk-based creamers. It has gained popularity the developed regions such as North American and Europe, owing to adoption of vegan culture. Non-dairy creamers are often used by lactose intolerant population and by people who are on a dairy-free diet. The non-dairy creamer market in the emerging regions such as the Asia-Pacific and LAMEA is in its nascent stage, and surge adoption of dairy-free products is expected to offer potential growth opportunities for the global non-dairy creamer market growth.

Leading Key Players

The major strategies adopted by key players to expand their business include new product launches and business expansion. The key players profiled in the report are Nestlé S.A., White Wave Foods, TreeHouse Foods Inc., Ripple Foods, Nutpods, Super Group Ltd., Laird Superfood, Califia Farms, Kerry Group, and Rich Product Corporation.

Get Your Report Customized:

The growth of the non-dairy creamer market is driven by changes in food & beverage consumption patterns and rise in fitness concern among people. The additional facts that support the growth of the market include increase in café culture, rise in disposable income, and surge in vegan population. However, high cost of non-dairy creamers and availability of low-fat & low calorie milk act as a major restraints of the market. On the contrary, frequent introduction of new flavors is expected to provide numerous opportunities for expansion of the non-dairy creamer industry, globally.

Based on origin, the almond segment accounted for the highest market share in 2019, accounting for nearly one-third of the global non-dairy creamer market, and is expected to maintain its lead position during the forecast period. Moreover, this segment is estimated to register the largest CAGR of 7.6% from 2021 to 2027. This is due to low cholesterol and low-fat content in almond creamers and rise in demand for cholesterol-free products. The research also discusses segments including coconut, soy, and others.

Make an Enquiry:

Based on the non-dairy creamer market forecast by form, the liquid segment accounted for the largest share in the market in 2019, and is expected to remain dominant during the forecast period. However, the powder segment is expected to garner a notable CAGR throughout the forecast.

On the basis of nature, the conventional segment accounted for the largest share in the market, and is expected to remain dominant during the forecast period. However, the organic segment is anticipated to garner the highest CAGR throughout the forecast.

Increase in plant-based product demand, expansion of retail sector, and surge in vegan population drive the growth of the global non-dairy creamer market. However, expensive nature and popularity of low-fat and low cholesterol conventional milk hinder the market growth. On the other hand, rise in consumers who are allergic to dairy products and introduction of different taste & flavors of dairy alternative beverages present new opportunities in the coming years.

Make a Direct Purchase:

Key findings of the study:

Almond segment is projected to witness the highest CAGR of 7.6% in revenue terms during the forecast period.

Depending on nature, the conventional segment is expected to dominate the market in 2027.

Supermarket/hypermarket segment occupied the largest market with maximum value share in 2019, and is expected to grow at the significant CAGR during the forecast period.

U.S. is the largest country in terms of demand and production of non-dairy creamer.

Coconut is anticipated to witness a notable growth rate, registering a CAGR of 7.4% from 2020 to 2027, in value terms.

Check out more related studies published by AMR Research:

Roselle Market -

Emulsifiers Market -

Carnitine Supplements Market -

Leavening Agents Market -

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

MENAFN05122023003118003196ID1107538479