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Plant Based Creamer Market

Global Market Study on Plant-based Creamers: Rising Veganism Trend Across the Globe Shoring Up Demand

Plant Based Creamers Market Segmentation By Product Type- (Regular, Light, Fat-free)

Plant Based Creamers Market Outlook (2023-2033)

The global market for plant based creamers is currently valued at around US$ 8,905.20 Million, and it is anticipated to progress at a CAGR of 4.10% to reach US$ 13,309.17 Million by 2033

Plant Based Creamers Market Size (2023E)

US$ 8,905.20 Million

Projected Sales of Plant Based Creamers (2033F)

US$ 13,309.17 Million

Value CAGR (2023-2033)

4.10%

Value Share of Top 4 Countries (2022E)

62%

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Plant Based Creamers Consumption Analysis (2018-2022) Vs. Market Estimations (2023-2033)

The global plant based creamers market has witnessed significant growth in the historical period registering a CAGR of 4.03% in the historical period and was valued at US$ 8,905.20 Million in 2023.

Plant-based creamers, commonly called tea whiteners or coffee whiteners are liquid or powdered substances intended to substitute milk or cream as an additive to coffee, tea, hot chocolate or other beverages and processed food. Manufacturers are now introducing new plant-based creamer from different sources into the market with varying content of fat, for targeting vegan and health-conscious consumers. Manufacturers are also customizing their plant-based creamer offerings for use in food and beverage processing industries. The global market for plant based creamers is estimated to reach an approximate valuation of US$ 13,309.17 Million in the forecast period.

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What are the Key Trends in the Market for Plant Based Creamers?

Veganism to Boost Plant-based Creamer Market”

In established markets such as North America and Europe, veganism is a popular trend. The population is showing an increasing inclination towards veganism. This section of the population consumes only plant-based products. This trend is also affecting emerging markets such as South Asia and East Asia. This increasing popularity of the vegan trend is expected to bolster the demand for plant-based creamer in the international market place.

  • Danone’s plant-based product offerings have registered nearly double-digit growth across its markets in Europe. This is a result of the increasing popularity of veganism in European countries.

“Demand for Low Fat, Non-GMO, Lactose-Free, Gluten-Free Plant-based Creamer”

The increasing popularity of the dairy-free trend has resulted in a large number of consumers shifting their preference toward non-dairy products. Consumers of plant-based creamer products seek lactose-free, gluten-free, and non-GMO products. The ongoing trend of low-fat non-dairy products such as milk, yogurt, and cream is enabling the manufacturers of plant-based creamers to introduce plant-based creamer products that are low fat, non-GMO, and lactose-free.

  • For Instance, all the products sold under the brand of Nestlé called Coffee-Mate are sold as low fat, non-GMO, lactose-free, and gluten-free plant-based creamer.

“Variations in Flavor, Taste, and Texture”

Taste and texture are what determines success for meat and dairy alternatives. Manufacturers are creating appealing, attractive tastes and textures for their plant-based creamer products, and are focusing on providing real and delicious taste. Consumers seek products with good taste, texture, and flavors with healthy ingredients. These factors will create huge opportunities for the Europe & APAC plant-based creamer market.

  • For Instance, Nestle S.A. provides a wide range of creamers with different flavors and ingredients such as chocolate, vanilla, cinnamon, pumpkin spice, peppermint, etc.

“Customized Plant-based Creamers”

Manufacturers in the global plant-based creamer industry are focused on providing custom plant-based creamer products to food manufacturing, foodservice, and household sectors. These customized plant-based creamers are manufactured according to the requirements of the end-use sector such as bakery, café’s, desserts, and foodservice, processed food industries, and household uses. Thus the demand for plant-based creamer is expected to increase in foreseeable future.

  • For instance, Puratos NV produces plant-based cream toppings, which are used in bakery, dairy, dessert, and household sectors. It also provides customized creamer toppings for these industries.

“Technological Advances in Food Equipment Shaping Industry”

There have been many advancements in recent years in food equipment, which have changed the dynamics of the food processing industry in terms of technology, trends, and also new developments. Advanced technological developments have brought about a huge change in the plant-based creamers market as well.

A few years ago, plant-based creamers were a concept that could only be imagined. However, due to spray drying and hydrogenation techniques, a creamer without milk content was made possible. Additionally, production costs to manufacture products such as plant-based creamers were higher a few years ago. These costs have reduced in recent years due to various advancements, thus increasing the prospects of manufacturers of plant-based creamers.

  • Nestlé’s Coffee-Mate brand launched a new product called Natural Bliss. This product is made from plant-based milk and it is witnessing high sales. Customers have shown a positive response to this product, especially in the region of the Americas.
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Country-wise insights

What are the Regions Dominating the Global Plant-Based Creamer Market?

The global plant-based creamer market is mainly dominated by two regions. Europe and North America together account for more than 60% of the market share in the global plant-based creamer market. These two are also the largest plant-based creamer producing regions and densely populated with the highest number of plant-based creamer manufacturers as well as consumers.

What is the Outlook for the Asia Pacific Plant Based Creamers Market?

Asia Pacific displays a fast increment in growth, attributable to the changing ways of the lifestyle of the consumers. Industrialized and developed countries such as Australia, New Zealand, Japan, Singapore, Hong Kong, and South Korea are major markets for plant-based foods in the Asia Pacific Market. There is also an increase in demand for products in developing countries like India and China due to awareness about the health benefits of plant-based creamers and food. However, this organic trend in the Asia Pacific region is influencing the plant-based creamer market in this region.

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Category-wise insights

What is the Segmental Breakdown of the Plant Based Creamers Market?

The form segment of the plant-based creamer market comprises of powder and liquid forms. Plant-based creamer is available in the market as organic and conventional. On the basis of type, the plant-based creamer market is segmented into regular, light, and fat-free. The base of the plant-based creamer can either be plant-based milk or vegetable oil.

Plant-based creamers are used for industrial processing of food and beverages, foodservice industry, and in household/retail. Plant-based creamer products are sold through the direct sales channel, that is, to business to business customer and via the indirect sales channel that is the retail market.

What are the Factors Responsible for High Consumer Preference for Plant Based Creamers?

The increasing demand for flavors by the end use industry and consumer preference for flavored plant-based creamers such as fruit-based flavors, blend of spices, chocolate based flavors, and others are contributing higher revenue generation in the plant-based creamer market. Manufacturers of plant-based creamers are focused on providing new products with different flavors and tastes to fulfil consumer requirements and attract maximum consumers.

Competitive Dashboard

Manufacturers in the global plant-based creamer industry are focused on providing custom cream products to food manufacturing, foodservice, and household sectors. Also, manufacturers are creating appealing, attractive tastes and textures for their plant-based creamer products, and are focusing on providing real and delicious taste. Thus, the popularity of plant-based creamer is increasing among consumers across the globe.

  • In 2017, Nestlé S.A. launched a new range of coffee creamers- caramel almond milk, vanilla almond milk, hazelnut almond milk, caramel almond milk, and sweet crème coconut milk. These products are sold under the brand name of Coffee-Mate.
  • In the year 2015, FrieslandCampina Kievit expanded its creamer production facility in Makati City, Philippines, to provide creamers to the Southeast Asia region.
  • In 2018, PT Santos Premium Krimer expanded the capacity of its manufacturing creamers through a plant expansion in its main production area in Indonesia.
  • Preserved Food Specialty Co. Ltd. is gradually improving the image of its plant-based creamer with a new formula made from rice bran, and its new factory operations for the extraction of rice bran oil are expected to begin in 2020.

Plant Based Creamers Industry Report Scope

Attribute

Details

Forecast period

2023-2033

Historical data available for

2018-2022

Market analysis

USD million for value

Key regions covered

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa

Key countries covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • Thailand
  • Malaysia
  • Indonesia
  • Australia
  • New Zealand
  • GCC countries
  • Turkey
  • Northern Africa
  • South Africa

Key market segments covered

  • Nature
  • Form
  • Type
  • Source
  • End Use
  • Distribution Channel
  • Region

Key companies profiled

  • Nestle S.A.
  • Danone S.A.
  • Royal FrieslandCampina N.V.
  • Preserved Food Specialty Co. Ltd.
  • Rich Products Corporation
  • PT Santos Premium Krimer
  • Custom Food Group
  • Mokate Group
  • Korn Thai Co. Ltd.
  • Puratos NV
  • Hanan Products Co. Inc.
  • Goodrich Carbohydrates Limited

Report coverage

  • Market forecast
  • Company share analysis
  • Competition intelligence
  • DROT analysis
  • Market dynamics and challenges
  • Strategic growth initiatives

Customization & pricing

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Plant Based Creamers Industry Research by Category

By Nature:

  • Organic
  • Conventional

By Form:

  • Powder
  • Liquid

By Type:

  • Regular
  • Light
  • Fat-free

By Source:

  • Soy Milk
  • Almond Milk
  • Coconut Milk
  • Vegetable Oil
  • Others

By End Use:

  • Food & Beverage Industry
  • Foodservice Industry
  • Retail/Household

By Distribution Channel:

  • Business to Business
  • Business to Consumer
    • Supermarkets/Hypermarkets
    • Specialty Stores
    • Convenience Stores
    • Online Retail

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa

- Companies Covered in This Report -

  • Nestle S.A.
  • Danone S.A.
  • Royal FrieslandCampina N.V.
  • Preserved Food Specialty Co. Ltd.
  • Rich Products Corporation
  • PT Santos Premium Krimer
  • Custom Food Group
  • Mokate Group
  • Korn Thai Co. Ltd.
  • Puratos NV
  • Hanan Products Co. Inc.
  • Goodrich Carbohydrates Limited

- Frequently Asked Questions -

The global market for plant based creamers has a value of US$ 8,905.20 Mn in 2023.

The global market for plant based creamers has a value CAGR of 4.03% from 2018-2022.

The global market for plant based creamers has a value of US$ 13,309.17 Mn in 2033.

The global market for plant based creamers has a value CAGR of 4.10% from 2023-2033.

The top players hold more than 25-30% of the market share. They include Nestlé’, Danone, Royal Friesland, Campina N.V., Rich Products Corporation.

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