Non-Dairy Creamer Market Expansion, Future Growth Rate, Industry Insights, Top Trends And Forecast To 2033

The Business Research Company recently released a comprehensive report on the Global Non-Dairy Creamer Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, the non-dairy creamer market size has grown strongly in recent years. It will grow from $1.80 billion in 2023 to $1.93 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to rise in lactose intolerance, increase in vegan and plant-based diet trends, increase in coffee consumption, expansion of retail and e-commerce channels, increase in demand for convenience foods, and increase in shelf life compared to dairy.

The non-dairy creamer market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing consumer preference for plant-based diets, rising lactose intolerance and dairy allergies, growing vegan population, expanding retail distribution channels, increasing awareness of health benefits, and increasing demand for convenient and long shelf-life products. Major trends in the forecast period include advancements in flavor and texture, innovation in packaging, advancements in formulation technologies, expanding product innovations, and advancements in ingredient formulations.

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Market Drivers and Trends:

The growing vegan population is expected to propel the growth of the non-dairy creamer market going forward. The vegan population refers to individuals who follow a vegan diet and lifestyle. The growing vegan population is due to increasing awareness of animal welfare, environmental concerns, and the perceived health benefits of a plant-based diet. Non-dairy creamer provides versatility in vegan cooking and baking, making it a popular choice for those looking to avoid dairy while still enjoying creamy and flavorful foods. For instance, in April 2024, according to the Vegan Society, a UK-based registered educational charity, in 2023, around 2.6 million people in Europe are vegan, representing 3.2 up from 2022. Therefore, the growing vegan population is driving the non-dairy creamer market.

Major companies operating in the non-dairy creamer market are focused on developing innovative products, such as plant-based creamers, to cater to the growing demand for natural and sustainable food options among health-conscious consumers. Plant-based creamers refer to non-dairy creamers made from organically grown plant ingredients. For instance, in March 2024, Califia Farms, a US-based food and beverages company, launched Organic Almond Creamers, the only plant-based creamers, and USDA Certified Organic, made with simple ingredients and no gums or oils. It is available in three flavors, including Lavender, Brown Sugar, and Vanilla. The new items coincide with growing consumer demand for alternatives to traditional creamers, especially those that are organic and made with simple, recognizable ingredients. These products represent the latest innovation and commitment to offering various delicious plant-based options that cater to today's consumers' evolving and unique needs.

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Major Key Players of the Market:

Cargill Incorporated, Nestlé S.A., Danone S.A., Royal FrieslandCampina N.V., Kerry Group plc, Land O'Lakes Inc., Rich Products Corporation, Tree House Foods Inc., Blue Diamond Growers, Balchem Corporation, Oatly Group AB, SunOpta Inc., Bay Valley Food LLC, Califia Farms LLC, Laird Superfood Inc., Ripple Foods PBC, PT Lautan Natural Krimerindo, Nutpods, Elmhurst Milked LLC, Minor Figures Inc., Custom Food Group, Nature's Charm, Pacific Foods of Oregon LLC, Buddy Dean, Korn Thai Co. Ltd.

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