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The Non-dairy Creamer Market is Expected to Surpass US$ 3,414.8 Million by 2033 Says Future Market Insights, Inc.

NEWARK, DE / ACCESSWIRE / March 20, 2023 / The non-dairy creamer market is expected to increase from US$ 1,721 million in 2023 to US$ 3,414.8 million in 2033.

An increase in health consciousness, disposable money, and awareness of chemical-free products all have a beneficial impact on market growth.

Non-dairy creams made from hydrogenated vegetable oils are mostly composed of creamy non-dairy fats. For creamy non-dairy applications, manufacturers in the creamy non-dairy fat business employ premium fat substitutes manufactured from hydrogenated vegetable oils. The availability of a wide range of greases with varying melting points allows for a variety of fat substitutes depending on the application.

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The food sector is the primary user of hydrogenated vegetable oil, followed by the cosmetics and personal care industry and the pharmaceutical business. With the growing vegan population and the prevalence of lactose tolerance worldwide, the non-dairy creamer market is expanding globally. Because about 70% of the world's population is lactose intolerant, demand for fatty components of plant origin is likely to rise during the projection period.

Lactose is the primary element in conventional dairy creamer, which is used in the creation of beverages. The non-dairy creamer market counterpart is lactose-free and regarded as a substitute for dairy products such as milk or fresh cream. Non-dairy creamers can be used as a staple component of the diet for those who are lactose intolerant or for vegetarians who choose plant-based goods over animal-derived ones. Vegetable oil is the primary ingredient in non-dairy creamers. They have a similar flavor and feel to dairy products.

Key Points from the Non-dairy Creamer Market

  • The market is expected to surpass US$ 3,414.8 million by 2033.
  • The primary industry factors, such as expanding demand for allergen-free and plant-based additives, younger millennial customers, and increasing veganism, are likely to boost market expansion.
  • Non-dairy creamer market is expected to record a CAGR of 7% during the forecast period 2023 to 2033.
  • East Asia dominated the non-dairy creamer market.

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Key Development in the Non-dairy Creamer Market

  • Highlander Partners, LP, a private equity investment firm focused on mid-market firms, said today that a PCI-based subsidiary of Highlander Partners has purchased ACH Food Companies, Inc. (ACH), a subsidiary of Associated British Foods, Plc. Non-dairy emulsified powders are found in foods like butter, cloth, and cream.
  • March 2022 - Coffee Mate releases a new Drumstick Ice Cream Coffee Creamer. The new creamer tastes like ice cream with hints of milk chocolate, peanuts, and waffle cone.
  • August 2022 - Dunkin' Donuts debuted their latest coffee creamer product, Pumpkin Munchkin creamer. The new flavor is pumpkin-forward, with undertones of sweet doughnut glaze and natural spices. The items are sold in 32oz bottles at supermarkets and local convenience stores around the United States.
  • January 2021 - Coffee Mate, a Nestle SA, debuted three creamer M&Ms milk chocolate, oatmeal crème pie-combination of flavors, cinnamon, brown sugar, and oatmeal cookie creamers.
Future Market Insights, Inc., Monday, March 20, 2023, Press release picture

Key Segment

Form:

  • Powder
  • Liquid

Nature:

  • Organic
  • Conventional

Flavor:

  • Original/Unflavoured
  • French Vanilla
  • Chocolate
  • Coconut
  • Hazelnut
  • Other Flavors

Type:

  • Original
  • Light
  • Fat-free

Base:

  • Plant-based Milk
    • Almond
    • Coconut
    • Others (Soy, Hemp, Cashew)
  • Vegetable Oil

End Use:

  • HoReCa/Foodservice
  • Food and Beverage Processing
    • Food Premixes
    • Soups and Sauces
    • Beverages Mixes
      • Coffee Mixes
      • Tea Mixes
    • Bakery Products and Ice Creams
    • RTD Beverages
    • Infant Food
    • Prepared and Packaged Food
    • Household/Retail

Packaging:

  • Retail
    • Sachets
    • Bags
    • Pouches
    • Canisters
    • Bottles
  • Plastic Jars
  • Bulk

Distribution Channel:

  • Direct
  • Indirect
    • Hypermarkets/Supermarkets
    • Modern Grocery Stores
    • Speciality Stores
    • Online Retail

Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • The Middle East and Africa

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Table of Content

1. Executive Summary | Non-dairy Creamer Market

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.2. Scenario Forecast

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.8. PESTLE and Porter's Analysis

3.9. Regulatory Landscape

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022

4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
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Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
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For Sales Enquiries: sales@futuremarketinsights.com

SOURCE: Future Market Insights Inc.



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