Press Release
Press Release
The non-dairy creamer market is being driven by their rising demand, especially as an alternative to traditional creamers in coffee. Non-dairy creamers are added to an estimated 37 million cups of coffee, annually. Between 2024-2032, the market for plant-based coffee creamers is expected to increase by 20-40%. In North America, a leading non-dairy creamer market, plant-based creamers accounted for nearly 5% of the regional creamer industry, with the market share of the segment expected to grow further in the coming years. In October 2018, plant-based creamers witnessed a growth of over 40% in the US, as compared to 2017.
Globally, the market for non-dairy milk alternatives like soy, almond, and coconut has been growing rapidly over the recent years and has shown a growth of almost 107% since 2016. The non-dairy creamers, on the other hand, have seen a comparatively slower growth, growing moderately over the years. However, the industry might witness a healthy growth in the coming years with manufacturers developing products which match the texture and consistency of the traditional creamers. Oat-based creamers are proving especially popular as their flavour and consistency match those of traditional options. They are also seeing a rising demand due to their high nutritional content. Nestlé, a major player in the non-dairy creamer market, recently launched a vanilla-flavoured, oat milk creamer as part of their brand, Coffee Mate’s Natural Bliss line. The Natural Bliss line of the popular creamer brand comprises of plant-based alternatives to dairy creamers. They have also recently launched a Plant-Based Half and Half made of half almond milk and half coconut cream.
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The major players in the global non-dairy creamer market are Nestlé, Dean Foods, Rich Graviss Products Pvt. Ltd., Cargill, Incorporated, Fujian Jumbo Grand Food Co., Ltd, Super Group Ltd., PT Santos Premium Krimer, Caprimo, Friesland Campina Kievit, Suzhou Jiahe Foods Industry Co., Ltd., and Kerry Inc., among others. The EMR report looks into their capacity, market share, and latest developments like capacity expansions, mergers and acquisitions, and plant turnarounds.
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