New York, According to a new market research report published by Global Insight Services “Coffee Creamer Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Coffee creamer is a type of dairy product or non-dairy product that is added to coffee to create a richer, creamier taste. Coffee creamer is typically made from milk, cream, or a non-dairy alternative such as soy milk. Coffee creamer can also be flavored, such as with vanilla, hazelnut, or mocha.
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Key Trends
The coffee creamer industry has seen a shift in recent years towards plant-based creamers as consumers become more interested in health and sustainability.
Some of the key trends in coffee creamer technology include:
– Plant-based creamers: as mentioned, there is a growing trend for coffee creamers made from plant-based ingredients such as almond milk, coconut milk, and soy milk. These creamers are often seen as being healthier than those made from dairy, and they are also more sustainable as they have a lower impact on the environment.
– Natural flavors: another trend is towards coffee creamers with natural flavors, such as vanilla, chocolate, or caramel. These flavors are seen as being more pure and natural than artificial flavors, and they can also be more easily combined with other ingredients to create unique flavor profiles.
Key Drivers
There are several key drivers of the coffee creamer market. The first is the increasing popularity of coffee and the consequent demand for coffee creamer. The second is the health trend, with consumers becoming more aware of the health benefits of coffee and seeking out coffee creamer that is low in fat and calories. The third is the increasing availability of coffee creamer, with more and more brands entering the market and offering a wider range of products. Finally, the fourth driver is the price, with coffee creamer becoming more affordable as the price of coffee beans decreases.
Market Segments
The coffee creamer market report is bifurcated on the basis of type, form, application, sales channel, and region. On the basis of type, it is segmented into dairy-based creamer and non-dairy creamer. Based on form, it is analyzed across powder and liquid. By application, it is categorized into residential and commercial. By sales channel, it is divided into direct and indirect. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Players
The coffee creamer market report includes players such as Nestlé S.A., Danone SA, Royal FrieslandCampina NV, Land O’Lakes, Inc., Almer Malaysia SDN BHD, Custom Food Group, TreeHouse Foods Inc., Viceroy Holland BV, Stancodex Pvt. Ltd., and Super Group Ltd.
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