Market Overview:
The global non-dairy toppings 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%. The market growth can be attributed to the increasing demand for plant-based milk alternatives and rising awareness about the health benefits of non-dairy toppings. Based on type, soy milk is expected to account for a major share of the global non-dairy toppings market during the forecast period. This can be attributed to its high nutritional value and growing popularity among consumers as a dairy alternative. Coconut milk is also anticipated to witness significant growth during the forecast period, owing to its numerous health benefits such as weight loss and improved digestion. Based on application, bakery segment is expected dominate the global non-dairy toppings market throughout the forecast period. This can be attributedtothe increasing demand for healthy bakery products among consumers across globe .
Product Definition:
Non-dairy toppings are plant-based ingredients that are used to top off desserts or other dishes. They can be used to add flavor, sweetness, and texture to food items. Non-dairy toppings are important because they provide a way for people who cannot consume dairy products to enjoy the same flavors and textures as those who can.
Soy Milk:
Soy milk is a beverage made from soybeans. It has been gaining popularity in the dairy-free topping market on account of its nutritional value and low-calorie content. Soy milk provides 6 grams of protein per serving, along with vitamins A & E and calcium. The product also contains isoflavones, which have the ability to reduce cancer risk as well as regulate thyroid function.
Vegetable Oil:
Vegetable oil is a liquid extracted from the seeds, nuts, and fruits of plants. The most commonly used vegetable oils are soybean, canola, sunflower, corn oil (maize or maize kernel oil), palm kernel/palm Oil and cottonseed oil. These oils are used as cooking ingredients as well as for their taste and flavor in food products like bakery items & confectioneries and ready to eat foods among others.
Application Insights:
Beverage application dominated the global non-dairy toppings market, accounting for over 30.0% share of the overall revenue in 2017. Non-dairy toppings are used in various beverages such as smoothies, milkshakes, juices and energy drinks on account of their health benefits and ability to improve nutrition profile of food & beverage products. Furthermore, increasing consumption of functional beverages is expected to drive demand for non-dairy toppings over the forecast period.
The bakery segment accounted for a significant share in 2017 owing to rising consumer preference towards bakery products with added nutritional value including calcium and vitamin B6 among others which help maintain brain health along with improving vision & hearing function among other functions present in dairy products like protein etc., The use of these ingredients helps enhance taste while maintaining nutritional value thereby boosting product demand globally over the forecast period.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing vegan population and awareness about non-dairy products. The region is expected to maintain its dominance over the forecast period due to increasing consumption of soy, almond, coconut and other plant-based milk as a substitute for conventional dairy products.
Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 on account of rising demand for packaged food items from emerging economies including China and India. Furthermore, increased spending power among consumers will boost product adoption in this region over the forecast period. Increasing health consciousness among people will also support growth during this period.
Growth Factors:
- Increasing demand for plant-based milk and dairy-free products: The global non-dairy toppings market is expected to grow at a CAGR of 6.5% from 2018 to 2023, owing to the increasing demand for plant-based milk and dairy-free products. This is mainly due to the growing awareness about the health benefits of plant-based foods over animal based foods.
- Rising inclination towards healthy and nutritious food options: Consumers are increasingly inclining towards healthy and nutritious food options, which is driving the growth of the non-dairy toppings market. Non dairy toppings are considered as a healthier option as they are low in fat and calories, compared to their dairy counterparts.
- Growing vegan population: The number of vegans across the globe has been increasing rapidly in recent years, which is boosting the growth of the non -dairy toppings market . Veganism refers to a lifestyle choice that excludes all forms of animal exploitation or cruelty, including meat, eggs, honey etc., making it an ideal choice for those looking for vegan alternatives for diary products .
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-Dairy Toppings Market Research Report
By Type
Soy Milk, Vegetable Oil, Almond Milk, Coconut Milk, Others
By Application
Bakery, Confectionery, Processed Fruits, Frozen Desserts, Beverage, Others
By Companies
Rich Products, Puratos, Hanan Products, Dawn Food Products, Conagra Brands, FrieslandCampina Kievit, So Delicious, Pinnacle Foods, Schlagfix, Goodrich Foodtech
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Non-Dairy Toppings Market Report Segments:
The global Non-Dairy Toppings market is segmented on the basis of:
Types
Soy Milk, Vegetable Oil, Almond Milk, Coconut Milk, 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
Bakery, Confectionery, Processed Fruits, Frozen Desserts, Beverage, 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:
- Rich Products
- Puratos
- Hanan Products
- Dawn Food Products
- Conagra Brands
- FrieslandCampina Kievit
- So Delicious
- Pinnacle Foods
- Schlagfix
- Goodrich Foodtech
Highlights of The Non-Dairy Toppings 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:
- Soy Milk
- Vegetable Oil
- Almond Milk
- Coconut Milk
- Others
- By Application:
- Bakery
- Confectionery
- Processed Fruits
- Frozen Desserts
- Beverage
- 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 Toppings 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.
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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 toppings are items that can be added to a vegan or vegetarian meal to make it more flavorful and nutritious. These toppings can include things like avocado, salsa, hummus, tahini sauce, and so on.
Some of the major players in the non-dairy toppings market are Rich Products, Puratos, Hanan Products, Dawn Food Products, Conagra Brands, FrieslandCampina Kievit, So Delicious, Pinnacle Foods, Schlagfix, Goodrich Foodtech.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Non-Dairy Toppings 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 Toppings 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 Toppings Market - Supply Chain
4.5. Global Non-Dairy Toppings Market Forecast
4.5.1. Non-Dairy Toppings Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Non-Dairy Toppings Market Size (000 Units) and Y-o-Y Growth
4.5.3. Non-Dairy Toppings Market Absolute $ Opportunity
5. Global Non-Dairy Toppings 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 Toppings Market Size and Volume Forecast by Type
5.3.1. Soy Milk
5.3.2. Vegetable Oil
5.3.3. Almond Milk
5.3.4. Coconut Milk
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Non-Dairy Toppings 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 Toppings Market Size and Volume Forecast by Application
6.3.1. Bakery
6.3.2. Confectionery
6.3.3. Processed Fruits
6.3.4. Frozen Desserts
6.3.5. Beverage
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Non-Dairy Toppings 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 Toppings 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 Toppings 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 Toppings 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 Toppings Demand Share Forecast, 2019-2029
9. North America Non-Dairy Toppings 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 Toppings 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 Toppings Market Size and Volume Forecast by Application
9.4.1. Bakery
9.4.2. Confectionery
9.4.3. Processed Fruits
9.4.4. Frozen Desserts
9.4.5. Beverage
9.4.6. 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 Toppings Market Size and Volume Forecast by Type
9.7.1. Soy Milk
9.7.2. Vegetable Oil
9.7.3. Almond Milk
9.7.4. Coconut Milk
9.7.5. 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 Toppings Demand Share Forecast, 2019-2029
10. Latin America Non-Dairy Toppings 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 Toppings 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 Toppings Market Size and Volume Forecast by Application
10.4.1. Bakery
10.4.2. Confectionery
10.4.3. Processed Fruits
10.4.4. Frozen Desserts
10.4.5. Beverage
10.4.6. 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 Toppings Market Size and Volume Forecast by Type
10.7.1. Soy Milk
10.7.2. Vegetable Oil
10.7.3. Almond Milk
10.7.4. Coconut Milk
10.7.5. 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 Toppings Demand Share Forecast, 2019-2029
11. Europe Non-Dairy Toppings 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 Toppings 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 Toppings Market Size and Volume Forecast by Application
11.4.1. Bakery
11.4.2. Confectionery
11.4.3. Processed Fruits
11.4.4. Frozen Desserts
11.4.5. Beverage
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Non-Dairy Toppings Market Size and Volume Forecast by Type
11.7.1. Soy Milk
11.7.2. Vegetable Oil
11.7.3. Almond Milk
11.7.4. Coconut Milk
11.7.5. Ohers
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 Toppings Demand Share, 2019-2029
12. Asia Pacific Non-Dairy Toppings 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 Toppings 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 Toppings Market Size and Volume Forecast by Application
12.4.1. Bakery
12.4.2. Confectionery
12.4.3. Processed Fruits
12.4.4. Frozen Desserts
12.4.5. Beverage
12.4.6. 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 Toppings Market Size and Volume Forecast by Type
12.7.1. Soy Milk
12.7.2. Vegetable Oil
12.7.3. Almond Milk
12.7.4. Coconut Milk
12.7.5. 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 Toppings Demand Share, 2019-2029
13. Middle East & Africa Non-Dairy Toppings 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 Toppings 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 Toppings Market Size and Volume Forecast by Application
13.4.1. Bakery
13.4.2. Confectionery
13.4.3. Processed Fruits
13.4.4. Frozen Desserts
13.4.5. Beverage
13.4.6. 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 Toppings Market Size and Volume Forecast by Type
13.7.1. Soy Milk
13.7.2. Vegetable Oil
13.7.3. Almond Milk
13.7.4. Coconut Milk
13.7.5. 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 Toppings Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Non-Dairy Toppings Market: Market Share Analysis
14.2. Non-Dairy Toppings Distributors and Customers
14.3. Non-Dairy Toppings Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Rich Products
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Puratos
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hanan Products
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dawn Food Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Conagra Brands
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FrieslandCampina Kievit
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. So Delicious
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pinnacle Foods
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Schlagfix
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Goodrich Foodtech
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