Press release
Global Coffee Creamer Market || Keyplayers Even lode Foods Limited, The White wave Foods Company, Goya Foods Inc
Coffee Creamer is commonly known as coffee whitener that is used as a substitute for milk. They are manufactured from dairy and non-dairy products such as milk, almond, coconut, soy, and others and are mostly offered by companies in form of liquid or in fine granular substances or in powdered form.Increasing usage of coffee creamers as an additive in tea, coffee, cocoa, cereals, yogurt, and ready-to-drink beverages is a major driving factor of the global coffee creamer market. Further, the coffee creamer has longer shelf life and does not require refrigeration supports the growth of target market. Further, growing awareness regarding consumers related health problems like lactose intolerance and milk allergies also foster the global coffee creamer market over the forecast period. In addition, the demand for non-dairy based creamers is rising among developed countries due to increasing number of vegan consumers which also contributes in expanding the global coffee creamer market. However, increasing concerns about obesity worldwide is a challenge to the global coffee creamer market growth. Therefore, many manufactures are involved in research and development for coffee creamer for weight loss. As most of the coffee creamer contains Tran’s fats to increase the stabilization of the product. Consumption of Tran’s fat in large amounts can lead to higher cholesterol, obesity, blood pressure, diabetes, and risk of heart disorders, which hampers the growth of the global coffee creamer market over the forecast period. Moreover, addition of these whiteners in food products may lead to severe risk factors which also hinder the growth of global coffee creamer market.
Global coffee creamer market has been segmented on the basis of product, application, end-user, and region. On the basis of product, the global Coffee creamer market is segmented into liquid and powdered form creamer On the basis of application, the global Coffee creamer market is segmented into tea, coffee, chocolate based drinks, and others. Further by end-user the global coffee creamer market segment includes household and commercial.
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On the basis of region, the global coffee creamer market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America holds the maximum share in the global coffee creamer market in revenue terms due to the cost effectiveness and longer shelf life. Europe is expected to hold significant share the global coffee creamer market owing to the growing demand for vegan products like veggie pizza, cliff fruit smoothie filled bars etc. In addition Asia-Pacific is estimated to have fastest growth in the global coffee creamer market owing to rising disposable income and corporate profit, which will boost demand for coffee creamer market over the forecast period.
Key players operating in the global coffee creamer market Nestlé S.A., Even lode Foods Limited, The White wave Foods Company, Goya Foods Inc., Gel Foods LLC, Bay Valley Foods LLC, Super Group Ltd., Dean Foods, Suzhou Jaime Foods Industry Co. Ltd., and Zhucheng Dongxiao Biotechnology Co. Ltd.
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