Creamers Market Segmented By Dairy Cream, Non-Dairy Cream Source in Organic and Conventional Nature for Processed Food, Dairy Dessert & Beverages, Retail/Household, Beverage Mixes, Food Services
Industry: Food and Beverages
Published Date: May-2022
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Number of Pages: 300
Report ID: PMRREP33095
The global creamers market is anticipated to expand at a CAGR of 3.6%, thereby increasing from a market valuation of US$ 13.01 Bn in 2022 to US$ 18.48 Bn by the end of 2032.
| Attribute | Key Insights |
|---|---|
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Creamers Market Size (2022E) |
US$ 13.01 Bn |
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Projected Sales of Creamers (2032F) |
US$ 18.48 Bn |
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Value CAGR (2022-2032) |
3.6% |
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Value Share of Top 5 Countries (2022A) |
~46.5% |
Historically, from 2017 to 2021, the global market for creamers registered a compounded annual growth rate of 2.4%. Demand for creamers has increased due to growing interest in home baking, which has resulted in increased demand for dairy goods such as butter, cream, and milk on retail shelves.
Creamers are witnessing growth traction in the food and beverage industry due to an increase in demand for liquid milk to be used in tea and coffee as a result of the growing number of individuals working from home. Other key factors that have driven creamer consumption in recent years have been easy availability, convenient packaging, increased urbanization, improvements in the standard of living, rising middle-class lifestyle changes, and growing disposable income.
Overall, the global creamers market is expected to see steady growth at a CAGR of 3.6% over the forecast period of 2022 to 2032.
“Increasing Demand for Organic Food Products Bolstering Sales of Creamers”
The global creamers market is expanding owing to increasing popularity of vegan food products in developed countries as a result of rising health consciousness and concerns for animal welfare.
Food quality has deteriorated as a result of climate change. Increased consumption of junk food has a negative impact on human health, prompting people to seek chemical-free, healthy, and organic food products. Furthermore, in recent years, there has been an increase in demand for clean-labeled organic products, and organic and plant-based flavors.
Traditionally, creamers have been widely used in the bakery and coffee business; however, in recent years, the product's increasing application in a variety of industries such as alcohol and personal care is expected to drive sales.
“Rising Demand for Low-Cream Fats to Provide Growth Potential for Creamer Producers”
Companies entering this sector are expected to see high potential due to consumers' demand for functional/organic products. Furthermore, there is an increase in demand for fortified yogurt.
Consumers nowadays are more health-conscious than a decade ago, and they have strong preference for healthy and sustainable components and food items. These customers confirm ingredient utilization in the offered food products. Desserts, confectionery, and ice cream are the most popular dairy products worldwide, and they also contain cream-based ingredients. To meet the need for healthier options, industries targeting health-conscious consumers seek high-quality, low-fat creamers for use in their products.
Moreover, factors such as increased government-run health and wellness campaigns aimed at combating obesity and related issues such as heart disease, high blood pressure, and high cholesterol are driving customers to choose healthier options such as low-fat creamers.
“Increasing Plant-Based Beverage Sales Propelling Creamers Market Growth”
The millennial generation has driven up consumption of dairy-free beverages due to increased health and wellness awareness, busy lives, and increased demand for vegan products. Dairy substitutes such as almond milk, soy milk, oat milk, and others are often used in beverages to improve texture and creaminess.
Further, plant-based creamers enhance the viscosity, stability, flavoring, and taste of beverages. Dairy alternatives are also widely utilized as cow milk substitutes. Because of milk allergy and lactose intolerance consumers, there is a growing trend of using plant-based content in beverages, which will drive demand for creamers.
“Green Brand Image - The Way to Go”
The ability to market a sustainable, environmentally-friendly, green brand image helps influence consumers, producers, and farmers to embrace more sustainable practices.
Companies that operate in countries with a largely pasture-based feeding system have a unique opportunity to leverage their green brand image when promoting their products. Furthermore, numerous significant companies in this sector are focusing on launching organic products to gain new customers.
The primary factors limiting the sales of creamers to some extent are increasing incidence of lactose intolerance, health-consciousness that leads to low-fat consumption, and high cost of production.
Overall, the growing rate of lactose intolerance will be a significant obstacle to creamers market expansion.
Why Should Creamer Manufacturers Look towards South Asia & Pacific?
The South Asia & Pacific creamers market is expected to expand at a higher CAGR of 5.5% over the forecast period (2022-2032).
This region accounts for the most milk and milk product consumers. While customers in this region are not well aware of dairy and non-dairy cream products and the characteristics of creamers, the region is seeing a growth in the popularity of creamer products.
Which Country is Showing Promising Growth in the East Asian Market?
In the East Asia creamers market, Japan is expected to witness promising growth during the forecast period at a significant CAGR of 3.4%.
Market share of Japan in the East Asian market is around 56.9%, and is currently valued at US$ 41.2 Mn.
How are Conventional Creamers Matching Up with Organic Creamers?
Based on nature, conventional creamers hold a higher market share; however organic creamers are anticipated to see increasing sales growth because of the ongoing demand for clean-labeled creamer products.
Market value share of organic creamers is 9.1% in 2022 which is projected to be valued at US$ 145.9 Mn by the end of forecast period in the global market.
How are Foodservice Sales of Creamers Faring?
Based on distribution channel, the global creamers market is segmented into business to business and business to consumer.
The foodservice segment holds a major value share in the global market at more than 28.1% in 2022. The current market is expected to be valued at US$ 365.6 Mn.
The creamers industry was hampered as a result of the pandemic, as functions, ceremonies, and foodservice restaurants were badly affected. As only essential occasions were permitted, the foodservice sector suffered, resulting in considerable loss to creamer suppliers. The pandemic hampered a wide range of businesses, including the worldwide food and beverage industry. Lockdowns and the shutdown of manufacturing operations had a substantial impact on supply networks, resulting in a decline in sales. Furthermore, due to raw material and labor constraints, the industrial sector suffered a product-supply gap.
High production costs, and health concerns that lead to low-fat consumption, have been identified as industrial barriers. Going forward, the creamers sector is expected to grow as a result of novel product development with organic cream and low trans-fat products.
Increased product launches with creative ideas such as flavored creamers and low-calorie and low-fat creamers are likely to accelerate market growth. Furthermore, the vast range of applications of dairy and non-dairy creamers, from baking to confectionary items, is anticipated to expand the size of the creamers market.
Companies engaged in the production of creamers are adopting product development and facility expansions as key strategies to create more space for themselves in the market. They are offering products with various certifications for consumers to choose from according to their preferences.
| Attribute | Details |
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Forecast period |
2022-2032 |
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Historical data available for |
2017-2021 |
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Market analysis |
USD Million for Value |
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Key regions covered |
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Key countries covered |
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Key market segments covered |
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Key companies profiled |
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Report coverage |
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Customization & pricing |
Available upon request |
Creamers Market by Source:
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Creamers Market by Distribution Channel:
Creamers Market by End Use:
Creamers Market by Region:
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The global creamers market is worth US$ 13.01 Bn, and is predicted to increase to US$ 18.48 Bn by the end of 2032.
Europe holds a major share of around 43.3% in the global creamers market.
The bakery sub-segment in the processed food segment of the creamers market is anticipated to expand at a steady CAGR of 3.1% during the forecasted period.
Prominent manufacturers of creamers are Saputo Inc., Borden, Schreiber Foods Inc., Meiji Holdings Company, Ltd., GCMMF (Amul) India, Nestle S.A., and Groupe Lactalis S.A.
The North America and Latin America creamers markets are expected to expand at CAGRs of 3.1% and 4.9%, respectively, over the forecast period.
Leading creamer manufacturers hold an approximate share of 40% to 45% in the global market.
