The coffee creamer market is experiencing steady growth due to the rising popularity of coffee consumption worldwide. With a diverse range of flavors and options, coffee creamers cater to varying consumer preferences, including dairy-based, plant-based, and flavored alternatives. The market is driven by convenience, customization, and the desire for a rich and creamy coffee experience. Innovation, product diversification, and evolving consumer tastes continue to shape the competitive landscape of the coffee creamer market.
The global coffee creamer market is estimated at USD 18.1 Bn in 2022 and is projected to reach USD 31.2 Bn by 2032, at a CAGR of 5.6% from 2022 to 2032. Future Market Insights projects the coffee creamer market to remain steady, exhibiting growth at 5.6% CAGR between 2022 and 2032 in comparison to the CAGR of 4.5% posted between 2017 and 2021.
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Coffee creamer and coffee whitener have begun to take the place of milk and cream among consumers. Since the past several years, there has been a noticeable rise in the number of consumers who are lactose intolerant. Because non-dairy coffee creamers don’t contain lactose, their demand is anticipated to rise soon.
Coffee creamer comes in a variety of flavours and can be used both in baked goods and while brewing coffee. It is more affordable and has a longer shelf life. Additionally, customers who are concerned about their health are favouring plant-based ingredients, which is anticipated to positively impact the rising demand for plant-based coffee creamers.
As an alternative to non-dairy creamers made by hydrogenating vegetable oil, plant-based non-dairy creamers are produced using plant-based milk, such as soy milk, almond milk, coconut milk, etc.
While the growth rate of these plant-based non-dairy creamers is high in the projection years, the cost of production and therefore the cost of these products are high due to the high price of the raw materials affecting the price of these goods. Over the course of the projected period, this is anticipated to favourably impact market growth for coffee creamers.
Key Takeaways from Market Study
- North America is expected to account for the maximum value share of the global market of more than 20% by 2022 end
- Rising consumption of coffee in different regions across the globe is predicted to drive the sales of coffee creamer during the assessment period (2022-2032)
- By product type, non-dairy creamer is expected to account for the maximum market value share of the global market by 2022 end
- In case of form segment, powdered coffee creamers are being preferred over the liquid ones
- Indirect sales channel is expected to account for a higher market value share than direct sales channel by 2032 end
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“Shifting preference towards dairy-free products and plant-based coffee creamers by health-conscious consumers is predicted to show an impressive rise in the demand for coffee creamer in the coming decade”, says a Future Market Insights analyst.
Competitive Landscape
Manufacturers are shifting their focus towards developing coffee creamers in order to address the growing consumption of coffee. The market participants are offering varied products with different flavors owing to increasing consumer’s demand for personalized products based on its usage in different locations around the world.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global coffee creamer market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
Global Coffee Creamer Market By Category
By Product Type, Global Coffee Creamer Market is segmented as:
- Dairy-based Creamer
- Non-dairy Creamer
By Nature, Global Coffee Creamer Market is segmented as:
- Organic
- Conventional
By Form, Global Coffee Creamer Market is segmented as:
- Powder Coffee Creamer
- Liquid Coffee Creamer
By Application, Global Coffee Creamer Market is segmented as:
- Residential
- Commercial
- Cafes and Cafeteria
- Hotels and Restaurants
- Others (Offices, etc.)
By Sales Channel, Global Coffee Creamer Market is segmented as:
- Direct
- Indirect
- Hypermarket/Supermarket
- Modern Grocery Stores
- Specialty Stores
- Convenience Stores
- Online Retail
- Other Channels
By Region, Global Coffee Creamer Market is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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