The non-dairy creamer powder market is likely to register a CAGR of 7.3% during the forecast period, and is anticipated to reach a market share of US$ 4.33 Bn in 2032, from US$ 1.86 Bn in 2020, due to its feature of being a clean label alternative to the previous non-dairy creamer powder with high trans-fat level.
Attributes | Details |
Non-Dairy Creamer Powder Market CAGR | 7.3% |
Non-Dairy Creamer Powder Market (2020) | US$ 1.86 Bn |
Non-Dairy Creamer Powder Size (2032) | US$ 4.33 Bn |
Non-dairy creamer powder does not include lactose, which makes it appealing to customers and increasessales of non-dairy creamer powder. Lactose intolerant people have the primarydemand for non-dairy creamer powder.
One of the reasons for the higher demand for non-dairy creamer powder is that it is a type of creamer that is made with either plant-based milk or vegetable oil as a foundation to mimic the taste and consistency of regular creamers that include lactose and are made with dairy products.
The use of non-dairy creamer powder in food processing and foodservice can be found in a wide range of goods. There are various kinds of non-dairy creamer powder available, depending on the fat percentage and the flavors available. Easy availability is boosting the sales of non-dairy creamer powder.
Demand for non-dairy creamer powders that are manufactured with plant-based milk is high as compared to vegetable oil as the creamer's base. The trans-fat in the non-dairy creamer powder with vegetable oil as the foundation is dangerous if consumed in excess. As a result, this non-traditional clean label alternative is in high demand.
Sales of non-dairy creamer powder are high, and revenue generation is at its peak as consumers are willing to pay the premium price. Due to the increased demand for non-dairy creamer powder, producers are also transitioning to the production of plant-based creamer powder.
Furthermore, the inclusion of more healthful components in non-dairy creamers contributes considerably to the globalnon-dairy creamer powder market's growth. The high cost of such goods, as well as the availability of low-fat and low-calorie milk, are the primary market limitations, which hampers the sales of non-dairy creamer powder.
During the projection period, the frequent introduction of new flavors is likely to create several opportunities for the non-dairy creamer powder market share to grow.
Demand for non-dairy creamer powder is higher in developed countries, as people are more aware of current trends, and hence these items are more readily available in these areas. As a result, sales of non-dairy creamer powder are higher in North America, Oceania, and Europe.
In addition, the prevalence of lactose intolerance is higher in these areas, which promotes the demand for non-dairy creamer powder. Due to increased awareness and the introduction of new market participants in this product sector in East Asia and South Asia, the non-dairy creamer powder market share is likely to develop in the coming years.
The sales of non-dairy creamer products are also growing rapidly in the Middle East and Africa, as people in these regions are more interested in quality and innovative products.
Almer Malaysia Sdn. Bhd., Stancodex Pvt. Ltd, FrieslandCampina Kievit BV, PT Santos Premium Krimer, Frusela Ltd, Korn Thai Co. Ltd., Nestlé S.A, Fujian Jumbo Grand Food Co Ltd, Balchem Corporation, CoreFX Ingredients, Compact Industries, Inc., DreamPak LLC, Super Group Ltd., Califia Farms, Viceroy Holland B.V., Custom Food Group,TreeHouse Foods Inc. Company, Shandong Tianjiao Biotech Co., The WhiteWave Foods Company, Cremio JSC, Rich's Products Corp are some major players in the non-dairy creamer powder market holding a substantial non-dairy creamer powder market share.
Report Attribute | Details |
Growth rate | CAGR of 7.3% 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 to 2032 |
Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
Segments covered | Nature, base, type, end use, sales channel, region |
Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
Key companies profiled | Almer Malaysia Sdn. Bhd., Stancodex Pvt. Ltd., PT Santos Premium Krimer, Korn Thai Co. Ltd., Nestlé S.A., Fujian Jumbo Grand Food Co Ltd., Balchem Corporation, Custom Food Group, CoreFX Ingredients, Compact Industries, Inc., DreamPak LLC, Super Group Ltd., Califia Farms, Viceroy Holland B.V., TreeHouse Foods Inc. Company, Shandong Tianjiao Biotech Co. Ltd., FrieslandCampina Kievit BV,Frusela Ltd., The WhiteWave Foods Company, Cremio JSC, Rich's Products Corp |
Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The non-dairy creamer powder market is anticipated to register a CAGR of 7.3% during the forecast period.
The non-dairy creamer powder market share is anticipated to reach US$ 4.33 Bn in 2032.
Demand for non-dairy creamer powder is likely to rise, due to its feature of being a clean label alternative to the previous non-dairy creamer powder with high trans-fat level.
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