Non-Dairy Foaming Creamer Market
Non-Dairy Foaming Creamer Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Non-Dairy Foaming Creamer Market Size and Growth
The Non-Dairy Foaming Creamer market is experiencing robust growth, driven by rising veganism and lactose intolerance trends. As of 2023, the market size is valued at approximately $2.5 billion, with projections indicating a compound annual growth rate (CAGR) of 7.5% through 2030, reflecting increasing consumer demand for plant-based alternatives.
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Companies Covered (Covid 19 Impact Covered)
◍ FrieslandCampina Kievit(Netherlands)
◍ Kerry (US)
◍ Mokate Ingredients(Poland)
◍ Meggle(Germany)
◍ Santho Holland Food BV(Netherlands)
◍ Custom Food (Malaysia)
◍ Tastiway Sdn. Bhd(Malaysia)
◍ Food Excellence Specialist(Malaysia)
The Non-Dairy Foaming Creamer Market features key players like FrieslandCampina Kievit, Kerry, and Nestle, offering innovative products to meet consumer demand for plant-based options. Companies enhance market growth through R&D, strategic partnerships, and expanded distribution. Examples of sales revenue include:
- Kerry: $7.2 billion (2022)
- FrieslandCampina: $12.3 billion (2022)
- Nestle: $94.4 billion (2022)
◍ PT Lautan Natural Krimerindo(Indonesia)
◍ PT. Santos Premium Krimer(Indonesia)
◍ Almer(Malaysia)
◍ Super Food Ingredients(Singapore)
◍ Suzhou Jiahe Foods Industry(China)
◍ Wenhui Food(China)
◍ Shandong Tianjiao Biotech(China)
◍ Yak-casein(China)
◍ Nestle(US)
◍ Bay Valley Foods(US)
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Market Segmentation
By Application
Chocolate Drinks
Others
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By Product
Coconut Based Products
Palm Based Products
Milk Tea
Market Growth
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$ X Billion USD
