According to Future Market Insights (FMI), the USA plant-based creamers market is on a trajectory of exponential growth, with a projected valuation of US$ 1,601.4 million by 2033, experiencing a value-based CAGR of 9.8% from 2023. Plant-based creamers, derived from almond, soy, cashew, oat milk, and vegetable oil, offer consumers a dairy-free alternative packed with rich flavors and textures. With increasing consumer awareness of health and sustainability, the demand for plant-based creamers is skyrocketing, fueled by factors such as rising veganism, lactose intolerance, and the pursuit of clean-label products.
The demand for plant-based creamers in the USA is driven by shifting consumer preferences towards healthier and more sustainable food options. With growing awareness of the detrimental effects of dairy consumption, consumers are turning towards dairy alternatives, such as plant-based creamers, to fulfill their dietary needs. The market is witnessing a surge in demand for low-fat, lactose-free, and non-GMO creamers, catering to the evolving preferences of health-conscious consumers.
“Rising Popularity of veganism across the USA will continue to bolster plant-based creamer sales. Further, introduction of new vegan creamers in the market will boost the market through 2033. Manufacturers are likely to gain significant revenues by focusing on producing varieties that cater to the millennial population.” – says a lead analyst at Future Market Insights (FMI).
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Several factors contribute to the robust growth of the USA plant-based creamers market. Firstly, the rising acceptance of veganism and the demand for plant-based products propel the market forward, as more consumers seek dairy-free alternatives. Secondly, the introduction of new flavors, textures, and formulations in plant-based creamers enhances their appeal and market penetration. Thirdly, the availability of organic options and clean-label products caters to the preferences of discerning consumers, driving market expansion further.
Top Trends Shaping the Industry:
- Rising Acceptance of Veganism: The growing adoption of vegan diets and lifestyles drives the demand for plant-based creamers, catering to the needs of vegan consumers.
- Demand for Dairy Alternatives: With increasing awareness of dairy-related health concerns, consumers seek dairy-free alternatives, boosting plant-based creamer sales.
- Introduction of New Flavors and Formulations: Continuous innovation in flavors and textures enhances the appeal of plant-based creamers, attracting a wider consumer base.
- Availability of Organic Options: The rising demand for organic and clean-label products fuels the growth of organic plant-based creamers in the market.
- Expansion of Production Capacities: Leading manufacturers expand production capacities to meet growing consumer demands and capitalize on market opportunities.
Key Categories Driving Market Growth:
- Organic Plant-based Creamers Segment: With increasing awareness of the benefits of organic products, demand for organic plant-based creamers is set to outpace conventional ones, presenting growth opportunities for investors.
- Low-Fat and Non-GMO Creamers: The rising prevalence of health-conscious consumers drives the demand for low-fat and non-GMO plant-based creamers, supporting market expansion.
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Competitive Landscape: Leading manufacturers in the plant-based creamers market are focusing on expanding production capacities and introducing new products to meet consumer demands. Recent launches include Chobani’s line of vegan coffee creamers and Nestlé’s Coffee-Mate vegan creamers, catering to the growing demand for dairy alternatives.
For instance,
- In August 2021, Danone announced the acquisition of Follow Your Heart, a plant-based food company that produces vegan cheese, mayonnaise, and salad dressings, among other products.
- In June 2021, Laird Superfood announced the launch of a new line of vegan creamers made from coconut milk powder, which included flavors like Original, Cacao, and Turmeric.
USA Plant-based Creamers Market by Category
By Form:
- Powder
- Liquid
By Nature:
- Organic
- Conventional
By Base:
- Soy
- Almond
- Coconut
- Oats
- Hemp
- Rice
- Cashews
By Flavor:
- Original
- French Vanilla
- Chocolate
- Coconut
- Hazelnut
- Others
By End Use:
- HoReCa
- Food & Beverage
- Beverage Mixes
- Coffee Mixes
- Tea Mixes
- Food Premixes
- Soups & Sauces
- Bakery Products
- RTD Beverages
- Infant Food
- Prepared & Packaged
- Beverage Mixes
- Household/Retail
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About Future Market Insights (FMI)
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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