The coffee creamer market is experiencing constant expansion as a result of coffee consumption’s growing appeal on a global scale.Coffee creamers come in a broad range of flavours and substitutes, such as dairy-free, plant-based, and flavor-infused solutions, to accommodate a variety of consumer preferences. The primary drivers of the market are convenience, customisation, and the demand for a thick, creamy cup of coffee. The competitive landscape within the coffee creamer market is constantly influenced by factors such as innovation, product variety, and changing consumer desires.
The global market for coffee creamers is projected to increase at a compound annual growth rate (CAGR) of 5.6% from 2022 to 2032, from an estimated USD 18.1 billion in 2022 to USD 31.2 billion. The coffee creamer market is expected to grow at a consistent 5.6% CAGR between 2022 and 2032, according to Future Market Insights, in contrast to the 4.5% CAGR observed between 2017 and 2021.
The global coffee creamer market is undergoing a continuous expansion, fueled by the surging global appeal of coffee consumption. With a wide array of flavors and substitutes, including dairy-free, plant-based, and flavor-infused solutions, coffee creamers cater to diverse consumer preferences. Convenience, customization, and the desire for a rich, creamy cup of coffee are driving market growth. Future Market Insights forecasts a robust compound annual growth rate (CAGR) of 5.6% from 2022 to 2032, projecting market value to escalate from an estimated $18.1 billion in 2022 to $31.2 billion by 2032.
Key Market Dynamics:
- Market Drivers: Convenience, customization, and consumer demand for a rich coffee experience.
- CAGR Projection: Anticipated growth at a consistent 5.6% CAGR between 2022 and 2032, surpassing the 4.5% CAGR observed from 2017 to 2021.
- Consumer Shift: Increasing adoption of coffee creamers and coffee whiteners instead of traditional milk and cream, driven by a rise in lactose-intolerant consumers.
- Diverse Offerings: Coffee creamers available in various flavors for both coffee brewing and baked products, with longer shelf life and affordability.
- Plant-Based Preference: Growing demand for plant-based products, favoring plant-based non-dairy creamers.
Market Insights and Key Takeaways:
- Regional Dominance: North America expected to hold over 20% of the global market value by the end of 2022.
- Product Type Preference: Non-dairy creamer projected to capture the maximum market value share by 2022 end.
- Form Factor: Powdered coffee creamers favored over liquid alternatives.
- Sales Channels: Indirect sales channels, including hypermarkets, supermarkets, and online retail, expected to surpass direct sales by 2032
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Coffee creamer and coffee whitener are beginning to be used by consumers in place of milk and cream. Over the past few years, there has been a noticeable rise in the proportion of consumers who are lactose intolerant. Because non-dairy coffee creamers don’t contain lactose, the market for them is anticipated to grow shortly.
Coffee creamer comes in a variety of flavours and can be used in both baked products and coffee brewing. It is more affordable and has a longer shelf life. Additionally, customers who are concerned about their health are favouring plant-based products, which is anticipated to help the demand for plant-based coffee creamers grow.
As an alternative to non-dairy creamers manufactured by hydrogenating vegetable oil, plant-based non-dairy creamers are made using plant-based milk, such as soy milk, almond milk, coconut milk, etc.
The high cost of the raw ingredients used in their manufacture makes these plant-based non-dairy creamers more expensive overall, despite the substantial predicted growth rate. Over the course of the forecast period, this is anticipated to have a favourable impact on the 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
“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.
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Market Competitiveness and Strategies:
- Innovation Drive: Manufacturers focusing on product development to address the rising consumption of coffee.
- Flavor Diversity: Market participants offering diverse products with different flavors to meet varied global preferences.
- Customized Products: Increasing demand for personalized coffee creamer products based on regional and global usage.
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
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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