(Entertainment-NewsWire.com, February 08, 2018 ) Global Non-Dairy Creamer Market was worth USD XX.XX billion in 2016 and estimated to be growing at a CAGR of X.XX%, to reach USD XX.XX billion by 2022. A traditional dairy creamer is used in the preparation of beverages and contains lactose as its prime ingredient. The non-dairy counterpart of the same is a lactose free substance and is considered as an alternative to dairy products such as milk or fresh cream.
The variety of uses for non-dairy creamers include as a staple part of diet for people suffering from lactose intolerance and for vegetarians that prefer plant-based products as opposed to animal-derived products. The fundamental ingredient found in non-dairy creamers is vegetable oil. These provide the taste and texture similar to dairy products.
The major factors affecting the non-dairy creamer market includes the rise in the number of lactose intolerant patients. Also driving the market are research and development in the field, the rise in the number of vegetarians leading to preference towards plant based products and increasing incidence of other lifestyle diseases such as obesity and diabetes. Inspite of the numerous positives, the market is still hampered by the negative perception towards some products. Some products are increasingly perceived as a negative influence on the human body inspite of it being perfectly acceptable. Although there are exceptions to this, the trend has resulted in a general restraint for the market growth.
The Global Non-Dairy Creamer market is broadly classified by Applications into Food, Beverages and Other Segments, based on Product Type into Soy, Almond, Coconut Milk Creamers and Others, on the basis of Fat Content Low Fat, Medium Fat and High Fat and based on Distribution Channel into Hypermarkets or Supermarkets, Convenience Stores, Pharmacies or Drugstores, Online and Others. Based on geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. The Non-Dairy Creamer Market is dominated by North America in 2016 with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. Another promising region for the market is Latin America, which is expected to show high growth rates in coming years.
The Non-Dairy Creamer market is highly competitive with a large number of players. Key market players dominating the market with their products include Nestle, The WhiteWave Foods Company, Cargill, Koninklijke FrieslandCampina N.V., Sugar Foods Corporation, Rich Products, Pulmuone Foods, Organic Valley Crop Cooperative, Bigtree Group, Wenhui Food and Dean Foods.
About Market Data Forecast Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
