Coffee Creamer Market size is set to grow by USD 2.67 billion from 2024-2028, growing prominence for online retailing to boost the market growth, Technavio

NEW YORK, June 19, 2024 /PRNewswire/ -- The global coffee creamer market size is estimated to grow by USD 2.67 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.22%  during the forecast period.  Growing prominence for online retailing is driving market growth, with a trend towards clean label movement. However, high cost of raw materials and insufficient internal production poses a challenge. Key market players include ALMER Malaysia SDN BHD, Barry Callebaut AG, CAFEA GmBH, Califia Farms LLC, Chobani Global Holdings LLC, Custom Food Group, Danone SA, DreamPak LLC, Inspire Brands Inc., Fujian Jumbo Grand Food Co. Ltd., Hiland Dairy, Jiangxi Weierbao Food Biological Co. Ltd., Laird Superfood Inc., Nestle SA, nutpods Dairy Free Creamer, Royal FrieslandCampina NV, TURM Sahne GmbH, Viceroy Holland BV, Wenhui Food Industry Co. Ltd., and WhiteWave Services Inc..

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Key Market Trends Fueling Growth

The global coffee creamer market is shifting towards clean-label products due to consumer demand for simple, natural ingredients. Strict regulations from governments, such as the FDA in the US and EFSA in the EU, are driving this trend. Consumers are willing to pay more for sustainable, natural products, as seen with the launch of Danone's Simply Pure coffee creamer. This product, made with only five natural ingredients, reflects the growing importance of animal welfare, biodiversity, and international climate targets. These developments are expected to fuel market growth during the forecast period. 

The Coffee Creamer Market is currently experiencing significant growth, with various players offering a range of products. Claims for these creamers include being free from artificial flavors, sugar, and dairy. The use of natural labels is a trend in this market, with almond, non-dairy, and coconut-based creamers gaining popularity. The market also offers a variety of plant-based and low-calorie options. Delight Foods, for instance, provides a line of plant-based creamers, while Nestle offers Nesquik Almond Milk Creamer. Protein and nut-based creamers are also trending, with brands like Nutpods and Califia Farms offering these options. The market is expected to continue growing, with new products and innovations on the horizon. 

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Market Challenges

• The coffee creamer market relies on a steady supply of raw materials such as milk, butter, almonds, soybeans, and sweeteners. Prices of these essential ingredients can fluctuate due to weather conditions, the economy, and other external factors. Farming materials are susceptible to adverse weather and natural disasters, which can impact production and pricing. External events affecting third-party suppliers, including business issues and natural calamities, can also impact the market. Inaccurate sales forecasting for organic products may lead to excess inventory, potentially hindering market growth.
• The Coffee Creamer Market faces several challenges. The use of artificial flavors in creamers is a concern for health-conscious consumers. Halves of consumers prefer natural flavors, but high production costs make it difficult for companies to offer affordable natural creamers. Choices of milk types and sugar levels add to the complexity. Additionally, the market is competitive with numerous players, making it challenging to differentiate products. Regulations on labeling and ingredient transparency also pose challenges. Lastly, consumer preferences shift frequently, requiring companies to adapt quickly to stay competitive.

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Segment Overview 

This coffee creamer market report extensively covers market segmentation by

1. Type 
• 1.1 Liquid
• 1.2 Powder
2. Channel 
• 2.1 Offline
• 2.2 Online
3. Geography 
• 3.1 North America
• 3.2 Europe
• 3.3 APAC
• 3.4 South America
• 3.5 Middle East and Africa

1.1 Liquid-  The liquid coffee creamer market is experiencing growth due to its convenient packaging options, such as pump bottles and single-use pouches, which make it easy to use without spills. Its ability to be easily soluble in hot or cold beverages reduces preparation time. Nestle's Coffee-mate offers refrigeration-free options, and Amazon.com has entered the market with private label offerings. The non-dairy segment is growing with new flavors like hazelnut and oats, and vendors offer various tastes and natural options to cater to consumer preferences.

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Research Analysis

The Coffee Creamer Market encompasses a wide range of milk and milk substitute-based products, including traditional dairy creamers and non-dairy alternatives such as Almond Milk, Soy Milk, Coconut Milk, and others. These creamers may contain additional ingredients like amino acids, such as leucine and lysine, for enhanced nutritional value. Dry granular products and flavored creamers are also popular offerings in this market. Production sites and capacities vary globally, with new market initiatives continually expanding the product portfolio. Milk substitutes, like Casein and protein concentrate, are used in the production of non-dairy creamers. Seasonal flavors add variety to the market, catering to consumer preferences. Coffee creamers can be prepared in various ways, with some using cream or lactose for traditional recipes. Non-dairy creamers offer lactose-intolerant individuals and vegans an alternative option. Coffee creamers are essential additives that enhance the taste and texture of coffee beverages.

Market Research Overview

The Coffee Creamer Market encompasses various types of creamers used to enhance the taste and texture of coffee. These include dairy-based, plant-based, and powdered creamers. Dairy-based creamers are derived from milk, while plant-based creamers are made from soy, almond, oat, or other plant sources. Powdered creamers are dehydrated forms of liquid cream. The market for coffee creamers is driven by the increasing popularity of coffee consumption and the growing demand for lactose-free and vegan alternatives. The market also includes various flavors, such as vanilla, hazelnut, and cinnamon, to cater to diverse consumer preferences. The use of advanced technology in the production of coffee creamers ensures a consistent and high-quality product. The market is expected to grow significantly in the coming years due to these factors.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

• Type
• Liquid
• Powder
• Channel
• Offline
• Online
• Geography
• North America
• Europe
• APAC
• South America
• Middle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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