Cold Water-soluble Creamer Market by Product (Dairy Creamer and Nondairy Creamer), Form (Liquid, Powdered, and Granular) and Application (Beverages): Global Opportunity Analysis and Industry Forecast, 2018–2025
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May 2020 |
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Cold water-soluble creamers are ingredients manufactured for the purpose of being added to a cold beverage to impart a superior mouthfeel, due to their rich and creamy texture. They are made up of dairy ingredients such as whole milk or skimmed milk, vegetable oils, and carbohydrates to provide enhanced dispensability, superior solubility, and improved flowing properties in cold beverages. They are used in cold beverages such as coffee, tea, milkshakes, iced beverages, and others.
Increase in urbanization, rise in disposable income, and busy lifestyle of working-class population have fueled the demand for premixed and instant drinks. In addition, rise in consumer preference toward on-the-go beverages such as instant tea, bottled milkshakes, and cold coffee has boosted the growth of the cold water-soluble creamers market, owing to the fact that these creamers are used as a key ingredient in majority of the beverages. Furthermore, rise in trend of cafes serving cold beverages across the globe boosts the growth of the market, as the use of creamer enhances the taste and texture of beverages. However, with rise in number of consumers adopting veganism, the demand for dairy creamers is hindered, thereby negatively impacting the growth of the market.
Trans-fat in creamers is a key ingredient causing health concerns, such as obesity. However, increase in research activities by the manufacturers to eliminate fats from creamers is anticipated to offer remunerative opportunities to expand the market base.
The global cold water-soluble creamers market is segmented based on product, form, application, and region. Depending on product, the market is bifurcated into dairy creamer and nondairy creamer. By form, it is categorized into liquid, powdered, and granular. As per application, it is classified into beverages. Region wise, it is studied across North America, Asia-Pacific, Europe, and LAMEA.
The major players in the market include Royal FrieslandCampina, ALMER MALAYSIA SDN BHD, Fujian Jumbo Grand Food Co., Ltd, Super Group Ltd, Viceroy Holland B.V., Ingredion Group of Companies, PT Sumber Food Ingredient Indonesia, Mokate S.A., Bay Valley Foods, LLC, and Custom Food Group.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an in-depth analysis of the current trends, drivers, and dynamics of the cold water-soluble creamers market to elucidate the prevailing opportunities and tap the investment pockets.
- It offers qualitative trends as well as quantitative analysis of the global market from 2018 to 2025 to assist stakeholders to understand the market scenario.
- In-depth analysis of the key segments demonstrates the type of cold water-soluble creamers and its applications.
- Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
- Key market players are profiled to understand the competitive outlook of the market.
KEY MARKET SEGMENTS
By Type
- dairy Creamer
- Nondairy Creamer
By Form
- Liquid
- Powder
- Granular
By Application
- Beverages
- Coffee
- Tea
- Milkshakes
- Iced Beverages
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Spain
- Rest of Europe
- Asia-Pacific
- India
- China
- Australia
- Japan
- Rest of Asia-Pacific
- LAMEA
- Turkey
- Brazil
- Saudi Arabia
- South Africa
Key Market Players
- Royal FrieslandCampina
- ALMER MALAYSIA SDN BHD
- Fujian Jumbo Grand Food Co., Ltd
- Super Group Ltd
- Viceroy Holland B.V.
- Ingredion Group of Companies
- PT Sumber Food Ingredient Indonesia
- Mokate S.A.
- Bay Valley Foods, LLC
- Custom Food Group.
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