Global Non-dairy Creamer Market Growing at a Staggering CAGR of 7.2%

Introduction

Non-dairy creamer, also known as a coffee whitener, is a dairy replacement made from various plant-based sources. It is used in place of milk in beverages like coffee, tea, smoothies, and hot cocoa and can be purchased in liquid or granular form. Almonds, soy, and coconut are some of the non-dairy creamer ingredients that are used the most frequently. The intended market for this product is consumers with lactose intolerance or vegan diets. Even though lactose is absent, the product contains casein, a milk protein. The demand for lactose-free products is anticipated to increase significantly in Asia-Pacific and LAMEA, despite non-dairy products becoming more and more popular in North America and Europe. The global market for non-dairy creamers is expanding due to the rise in the number of vegans and greater awareness of the benefits of dairy substitutes. The rise in health consciousness, increase in disposable income, and awareness of chemical-free products are additional factors that favorably affect market growth.

Market Dynamics

Increasing Demand for Plant-Based and Vegan Products Drives the Market

The increase in demand for vegan food and drink is a significant driver of the global non-dairy creamer market growth. Additionally, consumers have started to favor naturally produced plant-based milk in recent years, and it is anticipated that this trend will continue during the forecast period. This is explained by the extensive range of nutrients, such as vitamins, minerals, protein, healthy fats, and antioxidants, present in natural milk. Additionally, the global non-dairy creamer market has been boosted by the rise in plant-based product consumption as a result of advice from health and nutrition experts and an increase in health consciousness.

Growing Lactose Intolerance in Global Population gives an Opportunity for Exponential Growth

Dairy alternatives are now needed by customers who are allergic to conventional milk or milk products. Most consumers favor drinking these beverages due to allergies or intolerances to cow's milk. Some customers do it, though, because they enjoy the flavor. The rising incidence of lactose intolerance has significantly increased the demand for plant-based foods for nutrition. Although dairy milk used to be thought of as the healthiest food, it is anticipated that as more people experience allergies, there will be a decline in the demand for dairy products. According to a survey by the American Dietetic Association, 87% of dietitians recommend a plant-based diet to some or all of their clients. Lactose intolerance has been found to be more common among people from particular ethnic backgrounds, such as those from Asia, Africa, and the Middle East. Lactase deficiency can affect up to 15% of people with a northern European ancestry, up to 80% of black and Latino people, and up to 100% of American Indian and Asian people, according to American Family Physician. Furthermore, up to 5% of Caucasians in Australia and up to 75% of non-Caucasians, according to the Better Health Channel, are lactose intolerant. Rapid shifts in consumer preferences for non-traditional dairy product substitutes are anticipated to create profitable growth opportunities for the global market.

Market Dynamics

Increasing Demand for Plant-Based and Vegan Products Drives the Market

The increase in demand for vegan food and drink is a significant driver of the global non-dairy creamer market growth. Additionally, consumers have started to favor naturally produced plant-based milk in recent years, and it is anticipated that this trend will continue during the forecast period. This is explained by the extensive range of nutrients, such as vitamins, minerals, protein, healthy fats, and antioxidants, present in natural milk. Additionally, the global non-dairy creamer market has been boosted by the rise in plant-based product consumption as a result of advice from health and nutrition experts and an increase in health consciousness.

Growing Lactose Intolerance in Global Population gives an Opportunity for Exponential Growth

Dairy alternatives are now needed by customers who are allergic to conventional milk or milk products. Most consumers favor drinking these beverages due to allergies or intolerances to cow's milk. Some customers do it, though, because they enjoy the flavor. The rising incidence of lactose intolerance has significantly increased the demand for plant-based foods for nutrition. Although dairy milk used to be thought of as the healthiest food, it is anticipated that as more people experience allergies, there will be a decline in the demand for dairy products. According to a survey by the American Dietetic Association, 87% of dietitians recommend a plant-based diet to some or all of their clients. Lactose intolerance has been found to be more common among people from particular ethnic backgrounds, such as those from Asia, Africa, and the Middle East. Lactase deficiency can affect up to 15% of people with a northern European ancestry, up to 80% of black and Latino people, and up to 100% of American Indian and Asian people, according to American Family Physician. Furthermore, up to 5% of Caucasians in Australia and up to 75% of non-Caucasians, according to the Better Health Channel, are lactose intolerant. Rapid shifts in consumer preferences for non-traditional dairy product substitutes are anticipated to create profitable growth opportunities for the global market.

Key Highlights

• The global non-dairy creamer market was valued at USD 2.13 billion in 2022. It is projected to reach USD 3.98 billion by 2031, growing at a CAGR of 7.2% during the forecast period (2023-2031). 
• Based on origin, the global non-dairy creamer market is bifurcated into almond, soy, and coconut. The almond segment is the highest contributor to the market and is anticipated to grow at a CAGR of 7.5% during the forecast period.
• Based on the form, the global non-dairy creamer market is bifurcated into powdered and liquid. The liquid segment is the highest contributor to the market and is anticipated to grow at a CAGR of 7.3% during the forecast period.
• Based on its nature, the global non-dairy creamer market is bifurcated into organic and conventional. The conventional segment is the highest contributor to the market and is anticipated to grow at a CAGR of 7.4% during the forecast period.
• Based on the sales channel, the global non-dairy creamer market is bifurcated into supermarkets/hypermarkets, online stores, departmental stores, and others. The supermarkets/hypermarkets segment is the highest contributor to the market and is anticipated to grow at a CAGR of 7.2% during the forecast period.
• North America region is the highest contributor to the market and is anticipated to grow at a CAGR of 6.8% during the forecast period.

Competitive Players

Competitive Analysis

The global non-dairy creamer market's major key players are Nestlé S.A, TreeHouse Foods Inc, Ripple Foods, White Wave Foods, Nutpods, Laird Superfood, Califia Farms, Super Group Ltd, Kerry Group, and Rich Product Corporation.

Recent Developments

Market News

• In September 2022, Nestle is to invest Rs. 5000 crores in India to set up new manufacturing plants, make acquisitions, and expansion of its product portfolio.
• In March 2022, Kerry Group inaugurated USD 137 million plants in Georgia with more than 200 employees.
• In May 2022, Kerry Group opened the largest advanced manufacturing facility in Africa. This facility is the most environmentally friendly and consumes less energy to operate.

Segmentation

Global Nondairy Creamer Market: Segmentation

By Origin

• Almond
• Coconut
• Soy

By Form

• Powdered
• Liquid

By Nature

• Organic
• Conventional

By Sales Channel

• Supermarkets/Hypermarkets
• Online Stores
• Departmental Stores

By Regions

• North America
• Europe
• Asia-Pacific
• LAMEA