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2020
Non-dairy Creamer Market

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
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A06538
Pages: 240
Jun 2020 | 5827 Views
Author(s) : Sumesh Kumar , Roshan Deshmukh
Tables: 104
Charts: 47
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The global non-dairy creamer market size was valued at $1,730.3 million in 2019, and is projected to reach $2,386.6 million by 2027, registering a CAGR of 7.3% from 2021 to 2027. The almond segment was the highest contributor to the non-dairy creamer market share, in 2019, and is estimated to grow at a CAGR of 7.6% during the forecast period. U.S. is one of the prominent regions in the market that accounted for a sizeable share of the total market in 2019. 

Non-Dairy Creamer Market

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Non-dairy creamer is a beverage additive derived from plant. It does not contain lactose but may contain a milk protein called casein. In addition, it is considered a healthy beverage, owing to presence of a number of macro and micronutrients. Non-dairy creamer has witnessed increased popularity in developing markets, owing to adoption of veganism. Furthermore, rise in health awareness and increase in disposable income have boosted the global non-dairy creamer market growth. Moreover, introduction of additional healthy ingredients in non-dairy creamer significantly contributes toward the growth of the global market. However, high cost of such products and availability of low-fat and low-calorie milk act as the 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 market during the forecast period.

Non-Dairy Creamer Market
By Origin

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Almond was the fastest growing market.

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The global non-dairy creamer market is segmented into origin, form, nature, sales channel, and region. By origin, the market is divided into almond, coconut, soy, and others. Depending on form, it is bifurcated into powdered and liquid. On the basis of nature, it is fragmented into organic and conventional. As per sales channel, the non-dairy creamer market is categorized into supermarkets/hypermarkets, online stores, departmental stores, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Non-Dairy Creamer Market
By Form

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The Liquid segment was the most prominent segment

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Based on the non-dairy creamer market analysis, the almond non-dairy creamer segment generated the highest revenue in 2019, and is expected to remain dominant throughout the forecast period. This is attributed to low cholesterol and fat presence in almond creamers. In addition, the U.S. is expected to be the largest consumer of almond non-dairy creamer, owing to increase in obese population in the region. Furthermore, surge in demand for cholesterol-free products by aged and dieting consumers in countries such as Canada is expected to unfold attractive growth opportunities for this segment in non-dairy creamer market.

Non-Dairy Creamer Market
By Nature

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The Conventional segment was the most prominent segment

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Based on the non-dairy creamer market forecast by form, liquid segment was the most prominent segment in 2019, accounting for the highest share in the global non-dairy creamer market. This is attributed to convenience of use offered by liquid non-dairy creamer and rise in number of lactose intolerant population all around the world. However, the powdered segment is expected to witness the notable growth, owing to easy to storage and longer shelf life of powdered non-dairy creamer.

Non-Dairy Creamer Market
By Sales Channel

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The online stores was the fastest growing segment.

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On the basis of nature, the conventional segment led the market, accounting for the highest share in 2019. However, the organic segment in the non-dairy creamer market is expected to witness the fastest growth throughout the forecast period.

Non-Dairy Creamer Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

North America was the most prominent regionalmarket in 2019.

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As per sales channel, the supermarket/hypermarket dominates the non-dairy creamer market in 2019. This is attributed to the fact that supermarket/hypermarket serve as one-stop solution, which increases their popularity among consumers for shopping. Furthermore, these retail formats offer a wide range of products at a competitive price to customers, and are located at easily accessible areas. However, the online segment in the non-dairy creamer market is expected to witness the fastest growth, owing to increase in penetration of internet and rise in use of smartphones for online shopping, as it allows the consumer to compare products in real time and make informed decisions.

Region wise, North America and Europe are the most prominent markets, owing to high consumption and production of non-dairy creamer in these regions. Asia-Pacific is expected to grow with the highest CAGR throughout the forecast period, owing to surge in affinity of consumers in this region toward non-dairy products.

The players in the non-dairy creamer industry have adopted business expansion as their key development strategy to increase profitability and to strengthen their foothold in the competitive market. They have further relied on product launch to improve their product portfolio and stay relevant in the global market. The key players profiled in the report include 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.

Key Benefits for Stakeholders:

  • The report provides a quantitative analysis of the current trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the market size and segmentation assist to determine the prevailing market opportunities.
  • The major countries in each region are mapped according to their revenue contribution to the non-dairy creamer market. 
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the industry. 

Key Market Segments

  • BY ORIGIN
    • Almond
    • Coconut
    • Soy
    • Others
  • BY FORM
    • Powdered
    • Liquid
  • BY NATURE
    • Organic
    • Conventional
  • BY SALES CHANNEL
    • Supermarkets/Hypermarkets
    • Online Stores
    • Departmental Stores
    • Others
  • BY REGION
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Australia
      • Rest of Asia-Pacific
    • LAMEA
      • Latin America
      • Middle East
      • Africa


Key Market Players

  • Nestlé S.A
  • White Wave Foods
  • TreeHouse Foods Inc
  • Ripple Foods
  • Nutpods
  • Super Group Ltd
  • Laird Superfood
  • Califia Farms
  • Kerry Group
  • Rich Product Corporation
 

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The non-dairy creamer market is expected to witness steady growth even under several unrests such as uncertainty, terrorist attacks, and others. According to the insights of the key opinions of leaders of the industry, the changes in consumer’s perception about dairy, surge in awareness about lactose intolerance, and adoption of vegan culture as the three key factors, which determine the boost of the non-dairy creamer market. At present, consumers’ interest is shifting toward non-dairy products, owing to changes in taste and preference and increase in number of people who are allergic to dairy products. Moreover, availability of a variety of flavors and easy availability of this product have significantly contributed toward growth of the market. However, high cost and easy availability of fat-free dairy are expected to hamper the growth of market.

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FREQUENTLY ASKED QUESTIONS?

A. The global non-dairy creamer market size was valued at $1,730.3 million in 2019.

A. The global non-dairy creamer market is projected to grow at a CAGR of 7.3% from 2021 to 2027.

A. Sample report for Non-Dairy Creamer Market can be found in allied market research official website.

A. High cost and availability of low-fat and low-calorie milk act as the major restraints of the market.

A. The global non-dairy creamer market is segmented into origin, form, nature, sales channel, and region.

A. The growing trend of veganism is expected to shape the market in future.

A. The forecast period for the report is 2021-2027.

A. The key players profiled in the report include 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.

A. Noth-America is the prominent regional market in Non-Dairy Creamer Market.

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