DUBLIN--(BUSINESS WIRE)--The "Global Coffee Creamer Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The coffee creamer market will register a CAGR of over 5% by 2023.
The rising demand for vegan coffee creamers is one of the key factors that will trigger the growth of the global coffee creamer market during the forecast period. Vegan food products are devoid of all animal products, including dairy ingredients such as lactose. Non-dairy creamer does not contain lactose.
The rising demand for non-dairy creamer from the vegan population is fueling the growth of coffee creamer. Consumers are aware of the health benefits of organic products, which will significantly drive the demand for vegan coffee cream during the forecast period. The preference for natural and organic products such as organic coffee creamer is expected to support the growth of the global coffee cream market.
Market Overview
Convenience, good-flavor, and longer shelf life
Coffee creamer is used as a substitute for milk. However, coffee cream can now be used as an additive in tea, cocoa, cereals, yogurt, and ready-to-drink beverages. Unlike most of the milk additives, coffee creamer can be directly added to tea, coffee, and chocolate drinks. Coffee creamer is also available in different convenient packaging such as spray cans, plastic pots, and small single-serve packs. The convenience of use is the key factor driving the use of coffee creamer. Moreover, coffee creamer also maintains its flavor over the period of storage. It has a longer shelf life and does not require refrigeration. Owing to these factors the market is expected to grow during the forecast period.
Health-related issues
Increasing concerns about obesity worldwide is a challenge to the market growth. Coffee creamer contains trans fats to increase the stabilization of the product. Consumption of trans fat in large amounts can lead to higher cholesterol, obesity, blood pressure, diabetes, and risk of heart disorders. This can restrain the growth of the global coffee creamer market during the forecast period.
Competitive Landscape
The market appears to be moderately fragmented. The presence of several companies including Barry Callebaut AG and Danone SA makes the competitive environment intense. Factors such as rising demand for vegan coffee creamers and demand for plant-based coffee creamers will provide considerable growth opportunities to coffee creamer manufacturers.
Barry Callebaut AG, Danone SA, Nestl SA, Royal FrieslandCampina NV, and TURM-Sahne GmbH are some of the major companies covered in this report.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Preface
- Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY TYPE
- Market segmentation by type
- Comparison by type
- Liquid - Market size and forecast 2018-2023
- Powder - Market size and forecast 2018-2023
- Market opportunity by type
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Clean label movement
- Increasing preference for nutritional and healthy coffee creamers
- R&D investment to quickly launch new products as per consumers' tastes
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Barry Callebaut AG
- Danone SA
- Nestl SA
- Royal FrieslandCampina NV
- TURM-Sahne GmbH
For more information about this report visit https://www.researchandmarkets.com/r/ohz29n
