Market Overview:
The global non-dairy creamer fats market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for plant-based foods and beverages, owing to their health benefits. In addition, the growing awareness about the ill effects of dairy consumption is propelling the demand for non-dairy creamer fats. On the basis of type, soybean oil accounted for a major share of the global non-dairy creamer fats market in 2018. Soybean oil is rich in omega fatty acids that offer various health benefits such as reducing inflammation and improving heart health. It also helps in weight loss and reduces bad cholesterol levels in blood vessels. These factors are expected to drive its demand over the forecast period.
Product Definition:
Non-dairy creamer fats are a type of vegetable oil that is used to improve the texture and flavor of food. It is also used as an emulsifier, which helps to keep ingredients like water and oil from separating. Non-dairy creamer fats are important because they add flavor and richness to food, and they also help to preserve it.
Soybean Oil:
Soybean oil is a vegetable oil that is extracted from soybeans. It has high nutritional value and can be used as an alternative for the conventional animal fats like butter, lard, etc. Soybean oil contains omega-6 fatty acids and antioxidants which help in reducing the risk of heart diseases, cancer & diabetes among others.
The global non-dairy creamer fats market was valued at USD 2 billion in 2014.
Lauric Oil:
Lauric acid is a fatty acid found in the tropical fruits and coconut oil. It has antimicrobial, anti-fungal, antiviral properties that are beneficial for skin and hair. Lauric acid also helps to reduce acne by decreasing hormone production in the body. Apart from this, it is also used as an antioxidant which protects cell damage caused by free radicals present in the body.
Application Insights:
The residential application segment led the global non-dairy creamer fats market in 2017. Non-dairy creamer is widely used in households as a substitute for dairy cream and is gaining popularity due to its health benefits, which include lower cholesterol levels and reduced risk of heart diseases. In addition, growing awareness about healthy lifestyle practices has resulted in increased consumption of non-dairy products including vegan yogurt and ice cream. This trend will positively influence the growth of the global market over the forecast period.
Non-dairy creamer is also used extensively across commercial applications such as hotels, restaurants, cafes along with grocery stores and supermarkets owing to increasing consumer demand for flavored beverages that can be consumed during workout or while watching TV at home.
Regional Analysis:
Asia Pacific was the largest market for global non-dairy creamer fats and accounted for a revenue share of over 35.0% in 2017 owing to growing population, increasing disposable income levels, and changing food habits. The region is expected to continue its dominance over the forecast period on account of rising demand from developing countries such as China and India.
China is one of the major producers of soybean oil globally with high production levels that are beyond self-sufficiency requirements thus leading to huge exports worldwide. In addition, increasing per capita consumption levels coupled with rising awareness about health benefits associated with these products are projected to drive industry growth in this region during the forecast period.
Europe has been witnessing an increase in demand for plant-based alternatives owing to consumer concerns regarding animal welfare along with environmental impacts involved in raising livestock animals especially cows; which leads them toward consuming dairy products on a regular basis (2).
Growth Factors:
- Increasing demand for dairy-free and vegan food products: The global non-dairy creamer fats market is expected to benefit from the increasing demand for dairy-free and vegan food products. This is because non-dairy creamer fats are used as a substitute for dairy creamers in various food applications, thereby catering to the needs of consumers who are looking for lactose-free and animal product–free options.
- Rising awareness about the health benefits of non-dairy creamer fats: There is a growing awareness among consumers about the health benefits of consuming non-dairy creamer fats, which is driving their demand worldwide. Non-dairy creamer fats offer several health benefits such as weight loss, improved heart health, reduced cholesterol levels, and prevention of chronic diseases such as cancer and diabetes.
- Growing popularity of plantbased diets: The popularity of plantbased diets has been on the rise in recent years, with an increasing number of people opting for vegetarian or vegan lifestyles due to concerns about animal welfare and environmental sustainability issues. This is benefiting the growth prospects of the global non‑dairy creamer fats market as these types of diets typically require use of substitutes for dairy creamers like soy milk or almond milk instead thereof . 4) Technological advancements in production processes: The globalnon‑diary cremefatsmarketis witnessing technological advancements in production processes that are helping manufacturers improve product qualityand increase efficiencyin manufacturing operations
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-dairy Creamer Fats Market Research Report
By Type
Soybean Oil, Lauric Oil, Palm Oil, Others
By Application
Residential, Hotels, Restaurants, and Cafes, Others
By Companies
Cargill, Wilmar International, Archer Daniels Midland, Kerry, Nestle, Centra Foods, Evonik Industries, Henry Lamotte Oils GmbH, Bay Valley Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Non-dairy Creamer Fats Market Report Segments:
The global Non-dairy Creamer Fats market is segmented on the basis of:
Types
Soybean Oil, Lauric Oil, Palm Oil, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Hotels, Restaurants, and Cafes, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill
- Wilmar International
- Archer Daniels Midland
- Kerry
- Nestle
- Centra Foods
- Evonik Industries
- Henry Lamotte Oils GmbH
- Bay Valley Foods
Highlights of The Non-dairy Creamer Fats Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soybean Oil
- Lauric Oil
- Palm Oil
- Others
- By Application:
- Residential
- Hotels, Restaurants, and Cafes
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Non-dairy Creamer Fats Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Non-dairy creamers are fats that are not derived from dairy products. They can be made from plant oils, such as sunflower oil or soybean oil, or they can be made from animal fats, such as butter.
Some of the major companies in the non-dairy creamer fats market are Cargill, Wilmar International, Archer Daniels Midland, Kerry, Nestle, Centra Foods, Evonik Industries, Henry Lamotte Oils GmbH, Bay Valley Foods.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Non-dairy Creamer Fats Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Non-dairy Creamer Fats Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Non-dairy Creamer Fats Market - Supply Chain
4.5. Global Non-dairy Creamer Fats Market Forecast
4.5.1. Non-dairy Creamer Fats Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Non-dairy Creamer Fats Market Size (000 Units) and Y-o-Y Growth
4.5.3. Non-dairy Creamer Fats Market Absolute $ Opportunity
5. Global Non-dairy Creamer Fats Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Non-dairy Creamer Fats Market Size and Volume Forecast by Type
5.3.1. Soybean Oil
5.3.2. Lauric Oil
5.3.3. Palm Oil
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Non-dairy Creamer Fats Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Non-dairy Creamer Fats Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Hotels, Restaurants, and Cafes
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Non-dairy Creamer Fats Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Non-dairy Creamer Fats Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Non-dairy Creamer Fats Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Non-dairy Creamer Fats Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Non-dairy Creamer Fats Demand Share Forecast, 2019-2026
9. North America Non-dairy Creamer Fats Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Non-dairy Creamer Fats Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Non-dairy Creamer Fats Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Hotels, Restaurants, and Cafes
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Non-dairy Creamer Fats Market Size and Volume Forecast by Type
9.7.1. Soybean Oil
9.7.2. Lauric Oil
9.7.3. Palm Oil
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Non-dairy Creamer Fats Demand Share Forecast, 2019-2026
10. Latin America Non-dairy Creamer Fats Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Non-dairy Creamer Fats Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Non-dairy Creamer Fats Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Hotels, Restaurants, and Cafes
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Non-dairy Creamer Fats Market Size and Volume Forecast by Type
10.7.1. Soybean Oil
10.7.2. Lauric Oil
10.7.3. Palm Oil
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Non-dairy Creamer Fats Demand Share Forecast, 2019-2026
11. Europe Non-dairy Creamer Fats Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Non-dairy Creamer Fats Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Non-dairy Creamer Fats Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Hotels, Restaurants, and Cafes
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Non-dairy Creamer Fats Market Size and Volume Forecast by Type
11.7.1. Soybean Oil
11.7.2. Lauric Oil
11.7.3. Palm Oil
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Non-dairy Creamer Fats Demand Share, 2019-2026
12. Asia Pacific Non-dairy Creamer Fats Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Non-dairy Creamer Fats Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Non-dairy Creamer Fats Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Hotels, Restaurants, and Cafes
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Non-dairy Creamer Fats Market Size and Volume Forecast by Type
12.7.1. Soybean Oil
12.7.2. Lauric Oil
12.7.3. Palm Oil
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Non-dairy Creamer Fats Demand Share, 2019-2026
13. Middle East & Africa Non-dairy Creamer Fats Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Non-dairy Creamer Fats Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Non-dairy Creamer Fats Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Hotels, Restaurants, and Cafes
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Non-dairy Creamer Fats Market Size and Volume Forecast by Type
13.7.1. Soybean Oil
13.7.2. Lauric Oil
13.7.3. Palm Oil
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Non-dairy Creamer Fats Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Non-dairy Creamer Fats Market: Market Share Analysis
14.2. Non-dairy Creamer Fats Distributors and Customers
14.3. Non-dairy Creamer Fats Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cargill
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Wilmar International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Archer Daniels Midland
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kerry
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nestle
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Centra Foods
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Evonik Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Henry Lamotte Oils GmbH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bay Valley Foods
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
