Non Dairy Creamer Market Forecast Revised in a New FMI Report as COVID-19 Projected to Hold a Massive Impact on Sales in 2020

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A New FMI Study Analyses Growth of Non Dairy
Creamer Market in Light of the Global Corona
Virus Outbreak
Report Id REP-GB-8691 Published On
24-Sep-2019 Category Food and Beverages

• April 2020

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Non Dairy Creamer Market Analysis

• Nearly 2 million metric tons of non-dairy
  creamers were consumed in 2018 totaling a market
  value worth US 2.3 billion. According to FMI's
  latest study, fat-free, plant-based and organic
  are being received positively by consumers,
  encouraging manufacturers to experiment. These
  insights are according to a new research study by
  Future Market Insights (FMI).
• The consumption of non-dairy creamer is expected
  to grow at 5 y-o-y in 2019. Key driving factors
  include,
• Increasing prevalence of lactose intolerance
  condition across the globe
• Growing use of non-dairy creamers as a substitute
  for milk or cream
• Non-dairy products' labeling lacks FDA
  classification
• "The market for dairy products witnessed a strong
  competition from non-dairy alternatives in the
  past decade against the backdrop of increasing
  population of lactose intolerants. Consumer
  sentiments for health have led them to
  distinguish between their purchase of dairy and
  non-dairy products. In addition, non-dairy brands
  are leveraging the health consciousness of
  consumers to communicate the health benefits of
  non-dairy products. However, without FDA
  classification, consumers will remain bemused
  during their purchase, thereby impacting the
  future market growth," says FMI.

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Non Dairy Creamer Market Analysis
Powdered Non-dairy Creamers Top Selling
Category The FMI study finds that powdered
non-dairy creamer consumption remained higher in
2018 and accounted for over 78 of the total
non-dairy creamer consumption. While the
status-quo is expected to continue in the future,
demand for liquid non-dairy creamer is expected
to grow at 5 in 2019. Powdered non-dairy
creamer was the first entrant in the non-dairy
creamer market and its popularity continue to
rise till date. Manufacturers in the field of
non-dairy creamer market have introduced several
packaging and preservation technology advances to
increase the shelf life and deliver a
high-quality product to consumers. Conventional
Non-dairy Creamers Continue to Hold Higher Market
Share As per FMI valuation, the non-dairy
creamer market is witnessing a gradual
penetration of the 'organic trend'. The study
finds that consumption of conventional non-dairy
creamers equaled nearly 94 of demand in 2018.
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Non Dairy Creamer Market Analysis
The projected rise in the consumption of organic
non-dairy creamers can be attributed to consumer
sentiments for natural or organic ingredients in
the non-dairy products. However, a strong brand
image created by non-dairy creamer manufacturers
will continue to fuel the consumption of
conventional non-dairy creamers in the
future. The non-dairy creamer marketplace has
witnessed expanding product portfolio wherein
manufacturers are shifting to introduce flavored
non-dairy creamers. The business strategy is led
by manufacturers' awareness regarding increasing
consumer palate for different flavors in
non-dairy products. The FMI study finds that
French vanilla, chocolate, coconut, hazelnut and
other flavors collectively accounted for over 55
of the total non-dairy creamer consumption in
2018. Original/unflavored non-dairy creamers
accounted for the remaining 45 of the
consumption.
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Non Dairy Creamer Market Analysis
Fat-free Non-dairy Creamers Gaining
Popularity The non-dairy creamer market
manufacturers offer product variants apart from
original non-dairy creamers, such as light and
fat-free variants. FMI shows that light and
fat-free non-dairy creamers will collectively
account for over two-fifth of the overall
non-dairy creamer consumption in 2019.
Consumption of the latter will grow over 5 in
2019, implying increasing consumer preference for
fat-free food products. While the popularity of
new variants is increasing, consumption of
non-dairy creamers with the original nutritional
value will continue to account for a considerable
share in the market. Consumer Preference for
Plant-based Non-dairy Creamers On the Rise FMI
thoroughly studied the consumer preference
landscape wherein increasing demand for
plant-based products was observed in the
non-dairy creamer market also. According to the
FMI study, consumption of plant-based non-dairy
creamer (almond, coconut, soy, hemp and cashew)
will grow at nearly 5 y-o-y in 2019.
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Non Dairy Creamer Market Analysis
Vegetable oil-based non-dairy creamers have
remained a traditional offering by manufacturers
and account for a hefty bulk of the overall
consumption. Food and beverage processing
industry remains a prominent end-user of
non-dairy creamers. As per the study, over 45 of
all the non-dairy creamers are expected to be
consumed in the food and beverage processing
industry. Buoyancy in the food and beverage
processing industry will continue to ensure
significant consumption of non-dairy creamer in
the future, especially in the beverage mixes and
coffee mixes. Household/retail and
Horeca/foodservice industries collectively
accounted for the remaining non-dairy creamer
consumption. The consumption trend is expected to
grow at a significant rate in the coming
years. Direct Distribution Most Preferred
Channel FMI studied different distribution
channels of non-dairy creamer market including
direct and indirect (hypermarket/supermarket,
modern grocery stores, specialty store and online
retail).
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Non Dairy Creamer Market Analysis
The study opines that non-dairy creamers will be
distributed directly as compared to other sales
channels. However, distribution through indirect
sales channel, especially hypermarkets/supermarket
s and online retail will witness a steady rise in
the coming years. Demand for non-dairy creamers
in bulk packaging is expected to remain higher as
compared to the products available in retail
stores in sachets, pouches, bags, canisters,
plastic jars and bottles. Request for covid19
Impact Analysis https//www.futuremarketinsights.
com/covid19/rep-gb-8691 The FMI study opines
significant consumption of non-dairy creamers in
Europe. North America followed by Europe also
registered a notable consumption in 2018, wherein
they collectively accounted for nearly half the
non-dairy creamer consumption. The FMI report
tracks the non-dairy creamer market for the
period 2018-2028. According to the report, the
non-dairy creamer market is projected to grow at
4.8 volume CAGR through 2028.
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Non Dairy Creamer Market Analysis

• Source Link https//www.prnewswire.com/news-relea
  ses/non-dairy-creamer-market-projected-to-register
  -5-5-cagr-through-2028--300790701.html
• More from Food and Beverages Market Intelligence
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• Vitamin Gummies Market
• Fermented Ingredients Market
• About Us
• Future Market Insights (FMI) is a leading market
  intelligence and consulting firm. We deliver
  syndicated research reports, custom research
  reports and consulting services which are
  personalized in nature. FMI delivers a complete
  packaged solution, which combines current market
  intelligence, statistical anecdotes, technology
  inputs, valuable growth insights and an aerial
  view of the competitive framework and future
  market trends.

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Non Dairy Creamer Market Analysis
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