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FMI’s Detailed Report on Non Dairy Creamer Market Offers Projections of Potential Impact of Corona Virus Outbreak

Nearly 2 million metric tons of non-dairy creamers were consumed in 2018 totaling a market value worth US$ 2.3 billion. According to FMI's latest study, fat-free, plant-based and organic are being received positively by consumers, encouraging manufacturers to experiment. These insights are according to a new research study by Future Market Insights (FMI).<br><br>

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FMI’s Detailed Report on Non Dairy Creamer Market Offers Projections of Potential Impact of Corona Virus Outbreak

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  1. A New FMI Study Analyses Growth of Non Dairy Creamer Market in Light of the Global Corona Virus Outbreak April 2020 Report Id : REP-GB-8691 Published On : 24-Sep-2019 Category : Food and Beverages www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research # Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  4. Non Dairy Creamer Market Analysis Nearly 2 million metric tons of non-dairy creamers were consumed in 2018 totaling a market value worth US$ 2.3 billion. According to FMI's latest study, fat-free, plant-based and organic are being received positively by consumers, encouraging manufacturers to experiment. These insights are according to a new research study by Future Market Insights (FMI). The consumption of non-dairy creamer is expected to grow at 5% y-o-y in 2019. Key driving factors include, • Increasing prevalence of lactose intolerance condition across the globe • Growing use of non-dairy creamers as a substitute for milk or cream • Non-dairy products' labeling lacks FDA classification "The market for dairy products witnessed a strong competition from non-dairy alternatives in the past decade against the backdrop of increasing population of lactose intolerants. Consumer sentiments for health have led them to distinguish between their purchase of dairy and non-dairy products. In addition, non-dairy brands are leveraging the health consciousness of consumers to communicate the health benefits of non-dairy products. However, without FDA classification, consumers will remain bemused during their purchase, thereby impacting the future market growth," says FMI. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. Non Dairy Creamer Market Analysis Powdered Non-dairy Creamers Top Selling Category The FMI study finds that powdered non-dairy creamer consumption remained higher in 2018 and accounted for over 78% of the total non-dairy creamer consumption. While the status-quo is expected to continue in the future, demand for liquid non-dairy creamer is expected to grow at 5% in 2019. Powdered non-dairy creamer was the first entrant in the non-dairy creamer market and its popularity continue to rise till date. Manufacturers in the field of non-dairy creamer market have introduced several packaging and preservation technology advances to increase the shelf life and deliver a high-quality product to consumers. Conventional Non-dairy Creamers Continue to Hold Higher Market Share As per FMI valuation, the non-dairy creamer market is witnessing a gradual penetration of the 'organic trend'. The study finds that consumption of conventional non-dairy creamers equaled nearly 94% of demand in 2018. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. Non Dairy Creamer Market Analysis The projected rise in the consumption of organic non-dairy creamers can be attributed to consumer sentiments for natural or organic ingredients in the non-dairy products. However, a strong brand image created by non-dairy creamer manufacturers will continue to fuel the consumption of conventional non-dairy creamers in the future. The non-dairy creamer marketplace has witnessed expanding product portfolio wherein manufacturers are shifting to introduce flavored non-dairy creamers. The business strategy is led by manufacturers' awareness regarding increasing consumer palate for different flavors in non-dairy products. The FMI study finds that French vanilla, chocolate, coconut, hazelnut and other flavors collectively accounted for over 55% of the total non-dairy creamer consumption in 2018. Original/unflavored non-dairy creamers accounted for the remaining 45% of the consumption. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. Non Dairy Creamer Market Analysis Fat-free Non-dairy Creamers Gaining Popularity The non-dairy creamer market manufacturers offer product variants apart from original non-dairy creamers, such as light and fat-free variants. FMI shows that light and fat-free non-dairy creamers will collectively account for over two-fifth of the overall non-dairy creamer consumption in 2019. Consumption of the latter will grow over 5% in 2019, implying increasing consumer preference for fat-free food products. While the popularity of new variants is increasing, consumption of non-dairy creamers with the original nutritional value will continue to account for a considerable share in the market. Consumer Preference for Plant-based Non-dairy Creamers On the Rise FMI thoroughly studied the consumer preference landscape wherein increasing demand for plant-based products was observed in the non-dairy creamer market also. According to the FMI study, consumption of plant-based non-dairy creamer (almond, coconut, soy, hemp and cashew) will grow at nearly 5% y-o-y in 2019. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  8. Non Dairy Creamer Market Analysis Vegetable oil-based non-dairy creamers have remained a traditional offering by manufacturers and account for a hefty bulk of the overall consumption. Food and beverage processing industry remains a prominent end-user of non-dairy creamers. As per the study, over 45% of all the non-dairy creamers are expected to be consumed in the food and beverage processing industry. Buoyancy in the food and beverage processing industry will continue to ensure significant consumption of non-dairy creamer in the future, especially in the beverage mixes and coffee mixes. Household/retail and Horeca/foodservice industries collectively accounted for the remaining non-dairy creamer consumption. The consumption trend is expected to grow at a significant rate in the coming years. Direct Distribution Most Preferred Channel FMI studied different distribution channels of non-dairy creamer market including direct and indirect (hypermarket/supermarket, modern grocery stores, specialty store and online retail). www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

  9. Non Dairy Creamer Market Analysis The study opines that non-dairy creamers will be distributed directly as compared to other sales channels. However, distribution through indirect sales channel, especially hypermarkets/supermarkets and online retail will witness a steady rise in the coming years. Demand for non-dairy creamers in bulk packaging is expected to remain higher as compared to the products available in retail stores in sachets, pouches, bags, canisters, plastic jars and bottles. Request for covid19 Impact Analysis: https://www.futuremarketinsights.com/covid19/rep-gb-8691 The FMI study opines significant consumption of non-dairy creamers in Europe. North America followed by Europe also registered a notable consumption in 2018, wherein they collectively accounted for nearly half the non-dairy creamer consumption. The FMI report tracks the non-dairy creamer market for the period 2018-2028. According to the report, the non-dairy creamer market is projected to grow at 4.8% volume CAGR through 2028. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 9 © 2019 Future Market Insights, All Rights Reserved

  10. Non Dairy Creamer Market Analysis Source Link: https://www.prnewswire.com/news-releases/non-dairy-creamer-market- projected-to-register-5-5-cagr-through-2028--300790701.html More from Food and Beverages Market Intelligence: • Cacao Beans Market • Vitamin Gummies Market • Fermented Ingredients Market About Us Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 10 © 2019 Future Market Insights, All Rights Reserved

  11. Non Dairy Creamer Market Analysis Contact Us: Mr. Abhishek Budholiya Future Market Insights 616 Corporate Way, Suite 2-9018, Valley Cottage, NY 10989, United States T: +1-347-918-3531 F: +1-845-579-5705 T (UK): +44(0)20-7692-8790 Sales: sales@futuremarketinsights.com Press Office: Press@futuremarketinsights.com Future Market Insights Click here to Order a free sample For more insights on the Non Dairy Creamer Market, you can request a report sample with full TOC www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 11 © 2019 Future Market Insights, All Rights Reserved

  12. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 12 © 2019 Future Market Insights, All Rights Reserved

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