Coffee Creamer Market Current and Future Trends with Demand & Supply Statistics to 2032
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.
Consumers have started replacing milk or cream with coffee whitener and coffee creamer. A gradual increase in the number of lactose intolerant consumers have been notice since past few years. Non-dairy coffee creamers do not have lactose in them which is why its demand is expected to increase in the near future.
Coffee creamer is available in varied flavors that are added while making coffee and is also used in bakery products. It has a longer shelf-life and is cost-effective. Alongside, the health-conscious consumers are preferring plant-based ingredients which is predicted to contribute well to the increasing demand for plant-based coffee creamers.
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The plant-based non-dairy creamers are manufactured using the plant-based milk such as the soy milk, almond milk, coconut milk, etc. that are alternatives to the non-dairy creamers that are manufactured by hydrogenation of the vegetable oil.
But the cost of production and thus the cost of these plant-based non-dairy creamers are high due to the high price of the raw materials affecting the price of these products whereas, the growth rate of these plant-based non-dairy creamers is high in the forecast years. This is expected to positively influence the coffee creamer market growth over the forecast period.
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.
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.
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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.
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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:
By Form, Global Coffee Creamer Market is segmented as:
- Powder Coffee Creamer
- Liquid Coffee Creamer
By Application, Global Coffee Creamer Market is segmented as:
- Cafes and Cafeteria
- Hotels and Restaurants
- Others (Offices, etc.)
By Sales Channel, Global Coffee Creamer Market is segmented as:
- Modern Grocery Stores
- Specialty Stores
- Convenience Stores
- Online Retail
- Other Channels
By Region, Global Coffee Creamer Market is segmented as:
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa