Non-Dairy Creamer Market 2021-2027 : Emerging Trends, Growth Opportunities, Growth And Business Strategies

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 reach $707.8 million by 2027, registering a notable CAGR during the forecast period.

Dairy alternative has become a need for consumers who are allergic to conventional milk/milk products. Most of the consumers select these beverages because of intolerances or allergies to cow's milk while others choose them for taste. Consumers allergic to dairy products are eagerly looking for plant-based products for nutrition.

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Non-dairy creamer is a lactose-free alternative to the milk-based creamers. It has gained popularity the developed regions such as North American and Europe, owing to adoption of vegan culture. Non-dairy creamers are often used by lactose intolerant population and by people who are on a dairy-free diet. The non-dairy creamer market in the emerging regions such as the Asia-Pacific and LAMEA is in its nascent stage, and surge adoption of dairy-free products is expected to offer potential growth opportunities for the global non-dairy creamer market growth.

The growth of the non-dairy creamer market is driven by changes in food & beverage consumption patterns and rise in fitness concern among people. The additional facts that support the growth of the market include increase in café culture, rise in disposable income, and surge in vegan population. However, high cost of non-dairy creamers and availability of low-fat & low calorie milk act as a 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 industry, globally.

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The report segments the market based on 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. According to sales channel, it is categorized into supermarkets/hypermarkets, online stores, departmental stores, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major strategies adopted by key players to expand their business include new product launches and business expansion. The key players profiled in the report are 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.

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