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Cold Water Soluble Creamer Market

Market Insights on Cold Water Soluble Creamer covering sales outlook, demand forecast & up-to-date key trends

Cold Water Soluble Creamer Market By Base (Dairy, Non-dairy), Function (Regular, Foaming), End Use (Beverage Mixes, Sauces and Dressings, Ready-to-Drink Beverages, HoReCa/Foodservice) & Region - Forecast 2022-2032

Cold Water Soluble Creamer Market Overview

The global cold water soluble creamer market is estimated to expand at a CAGR of around 6% to 7% during the forecast period 2022-2032. The surging trend of cafes and rising popularity of beverages like such as ice tea and cold coffee is expected to create massive growth prospects for the cold water soluble creamer market.

Attribute

Details

Cold Water Soluble Creamer Market Projected Growth Rate (2022-2032)

6% to 7% CAGR

Cold water soluble creamers are one of the vital ingredient that are specifically manufactured for use in cold beverages and water-based drinks. These creamers are made up of dairy ingredients such as skimmed milk, whole milk, carbohydrates, and vegetable oils to provide superior solubility and enhance dispensability in cold beverages. 

Demand for cold water soluble creamers is rapidly surging across the beverage industry, owing to its ability to provide rich & creamy texture, appealing mouthfeel, enhanced taste, and improved beverage flowing properties among others. Attributed to this, these creamers are extensively being used during the production of beverages such as milkshakes, ice tea, cold coffees, iced beverages, and others.

Cold water soluble creamers are manufactured the same as regular creamers for their addition into cold sauces and beverages. However, for beverages that require foam on the top such as cold coffee, foaming creamers are added along with cold water soluble creamers.

Traditional creamers used do not dissolve properly in beverages that had low temperatures and rise on the beverage surface as oil floats which is clearly visible, resulting in dissatisfaction of the consumers. Thus, several manufacturers producing traditional creamers have shifted their preference towards manufacturing specially designed cold water soluble creamers. This is estimated to favor the growth in the market.

Which are Some Prominent Drivers Spearheading Cold Water Soluble Creamer Market Growth?

The trend of single living is creating deeper inroads, especially across the developed economies such as the U.S., Germany, Canada, the U.K., Japan, and others. Also, increasing fast-paced lifestyle of the population and growing working population across the globe is fueling the demand for ready-to-eat and drink food and beverage products.

On account of this, a swift rise in consumption of on-the-go beverages such as bottled milkshakes, instant ice tea, cold coffees, canned drinks, and others is being witnessed across the beverage industry. As cold water soluble creamers are extensively used in manufacturing aforementioned drinks, increasing sales of these beverages is estimated to augment the demand in the market.

Over the past few years, the vegan population has registered massive growth, owing to rising awareness regarding health, animal welfare, and ethical reasons. For instance, according to the MedAlertHlp Organization, the total number of vegans across the globe has reached approximately 79 Million as of January 2021.e

Thus, to capitalize on this trend, leading players in the market are increasingly focusing on developing novel non-dairy cold water soluble creams for beverages such as soya milk, almond milk, and others. This is projected to bolster the sales of cold water soluble creamer in the global market.

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What are the Challenges Faced by the Cold Water Soluble Creamer Market?

A significant rise in prevalence of conditions such as lactose intolerance is being experienced across the globe, owing to changing eating habits and growing obese population. For instance, according to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), around 68% of the population worldwide was estimated to be suffering from lactose malabsorption in 2020.

As cold water soluble creamers are made using whole milk or skimmed milk, this increasing burden is expected to hinder the sales across the dairy segment in the market.

Why is Asia Pacific Excluding Japan Emerging as an Opportunistic Cold Water Soluble Creamer Market?

As per Future Market Insights, Asia Pacific excluding Japan is estimated to account for the dominant share in the global cold water soluble creamer market between 2022 and 2032.

With increasing consumer spending on leisure activities and growing trend of foodies across Asia Pacific, a significant rise in footfall across hotels and expansion of the hospitality industry is being registered. Hence, leading industry players are aiming at launching novel cafes, restaurants, and hotels to capitalize on the exhibiting opportunities.

For instance, in 2021, Fren Hotels & Resort, a leading hotel chain in India announced its plan of opening 8 new hotels in locations such as Junagadh (Gujarat), and Kevadia (Statue of Unity). As foodservice operators increasingly make use of cold water soluble creamer for cold sauces and other iced beverages, such developments are estimated to augment the sales in the Asia Pacific excluding Japan market.

Nandini Roy Choudhury
Principal Consultant
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How is North America Contributing to the Growth of the Cold Water Soluble Creamer Market?

FMI states that North America is anticipated to projected rapid growth in the global cold water soluble creamer market during the forecast period 2022-2032.

As the consumption of on-the-go beverages and bolted drinks continue to surge across North America, the demand for ingredients used in the production of these beverages is rapidly increasing. Hence, leading manufacturers in the market are increasingly aiming at launching novel products to cater to the surging demand.

For instance, in 2020, Starbucks an American multinational chain of coffeehouses and roastery reserves announced launching its non-dairy creamers with flavors such as hazelnut and caramel. A multiplicity of such product launches are projected to bolster the demand for cold water soluble creamers in the North America market.

Market Competition

Some of the leading players in the cold water soluble creamers market are ALMER MALAYSIA SDN BHD, Ingredion Group of Companies, Royal FrieslandCampina, Bay Valley Foods, LLC, Food Ingredient Indonesia, Custom Food Group, Fujian Jumbo Grand Food Co., Ltd., Mokate S.A., Viceroy Holland B.V., PT Sumber, and Super Group Ltd.

Key participant are aiming at launching new products with innovative flavors and expanding their production capacity to gain edge in the highly competitive market.

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 Scope of Report

Report Attribute

Details

Growth Rate

CAGR of 6% to 7% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Base
  • Function
  • End Use
  • Region

Countries Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Companies Profiled

  • ALMER MALAYSIA SDN BHD
  • Ingredion Group of Companies
  • Royal FrieslandCampina
  • Bay Valley Foods, LLC
  • Food Ingredient Indonesia
  • Custom Food Group
  • Fujian Jumbo Grand Food Co., Ltd.
  • Mokate S.A.
  • Viceroy Holland B.V.
  • PT Sumber
  • Super Group Ltd.

Customization

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Key Segments Profiled in the Cold Water Soluble Creamer Market Survey

By Base:

  • Dairy
  • Non-dairy

By Function:

  • Regular
  • Foaming

By End Use:

  • Beverage Mixes
  • Sauces and Dressings
  • Ready-to-Drink Beverages
  • HoReCa/Foodservice
  • Others

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

FMI projects the sales of cold water soluble creamers in the market is expected to rise at 6% to 7% value CAGR by 2032

The global cold water soluble creamer market is expected to be dominated by Asia Pacific excluding Japan over the forecast period 2022-2032.

ALMER MALAYSIA SDN BHD, Ingredion Group of Companies, Royal FrieslandCampina, Bay Valley Foods, LLC, Food Ingredient Indonesia, Custom Food Group, Fujian Jumbo Grand Food Co., Ltd., Mokate S.A., Viceroy Holland B.V., PT Sumber, and Super Group Ltd. are some of the leading players in the prominent cold water soluble creamer market.

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Nandini Roy Choudhury
Principal Consultant
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Cold Water Soluble Creamer Market