Global Non-Dairy Creamer Market Research Report by Type, Application, Region - Growth Forecast from 2020 to 2029
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“Global Non-Dairy Creamer Market” is an upcoming research report to be published by MarketResearch.biz. The research report will be a detailed study of the non-dairy creamer market. It will include information related to driving factors, key trends, revenue opportunities, restraints, etc. The global non-dairy creamer market report will contain opinions and views of industry experts. This will enable clients to comprehend the current and future market landscape. The report will also include strategies, developments, key players data, mergers & acquisitions, etc. The global non-dairy creamer market is estimated to grow at a CAGR of XX% during the forecast period. Global revenue of the non-dairy creamer market will reach US$ XX million in 2029 from US$ XX million in 2019.
While the main ingredient in a traditional dairy creamer is lactose, a non-dairy creamer contains a lactose-free substance, i.e., casein, a milk-derived protein, that makes it a suitable alternative to dairy products. Non-dairy creamers are included in the diets of people who are lactose intolerant or vegan. Generally, non-dairy creamers are granular and provide a similar texture and taste as that of dairy products.
Owing to the increasing tendency of newer generations to be lactose intolerant, the global non-dairy creamer market has exponential scope for revenue expansion. New customers and consumer trends will open endless opportunities for the global non-dairy market. Aspects like the introduction of new flavors and bases (almond & coconut) are expected to be prominent drivers of the non-dairy creamer market.
Non-dairy products are manufactured to have higher shelf life leading more consumers to opt for them. Another factor that is contributing to the revenue growth of the non-dairy market is that these products are easy to store, and only need to be refrigerated once opened.
Different types of natural products are used to manufacture non-diary creamers. Of them, soy is known to be the highest revenue generators for the non-dairy creamer market. It is estimated that there will be a shift toward almond and coconut milk creamers during the forecast period.
Revenue growth of the global non-dairy market may be affected by the demand for natural products over artificial food products in certain regions.
Negative perceptions of certain products may affect the global non-dairy creamer market. While it has not been proven, some believe that in the long run, non-dairy creamers create health issues in otherwise healthy people.
In terms of the application of non-dairy creamers, the production of various food products depends on the constant supply of non-dairy creamers. The production of foods such as chocolate confectionery, dairy products, infant formula, etc. are also the drivers of the global non-dairy creamers market.
Global Non-Dairy Creamer Market Regional Analysis
The global non-dairy market in North America will see a significant revenue growth during the forecast period, owing to the demand for natural, non-fat, and flavored non-dairy creamers. Low-cost production will also have a positive effect on the non-dairy creamer market in this region. The non-dairy creamer markets in the Asia Pacific and Europe regions will benefit from the rise in demand for these products. Manufacturers will ensure that advancements in distribution channels are met to be able to reach developing countries with disposable incomes. The markets of Latin America, the Middle East & Africa are included in this list. These regions will collectively contribute to the revenue growth of the global non-dairy creamer market.
Global Non-Dairy Creamer Market Segmentation
By Product Type
- Coconut milk
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- The WhiteWave Foods Company
- Cargill Inc.
- Koninklijke FrieslandCampina N.V.
- Sugar Foods Corporation
- Rich Products Corporation
- Pulmuone Foods
- Organic Valley Cooperative
- Wenhui Food Co. Ltd.
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