Coffee whitener is a substance that is generally in liquid form or granules, which is intended to substitute milk as an additive to coffee. It is also called a coffee whitener. The rise in vegan culture, that avoids the consumption of all animal products including the dairy products are expected to boost the market growth for non-dairy coffee whitener. These non-dairy coffee whiteners do not contain lactose, which is why they are highly preferable in demand.
MARKET SCOPE
The "Global Coffee Whitener Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the coffee whitener market with detailed market segmentation by nature, form and distribution channel. The report provides key statistics on the market status of the leading coffee whitener market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on nature, the global coffee whitener market is segmented into organic, conventional.
- On the basis of form, the market is segmented into dry and liquid.
- Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, convenience stores, online retail, and others.
MARKET DYNAMICS
Drivers:
- Surging consumption of coffee whitener as a preservative and flavouring agent.
- Rising urbanization and increasing per capita disposable income to boost market growth of coffee whitener.
- Coffee whitener is used as an essential ingredient in several cuisines due to which it is gaining demand across the globe. Rising trend of gourmet cooking is boosting the consumption of coffee whitener as a food dressing.
- New market players are entering the market owing to the easy availability of raw materials and low capital requirement.
Restraints:
- Unorganized retail sector in few developing countries
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The coffee whitener market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the coffee whitener market in these regions.
IMPACT OF COVID-19 ON COFFEE WHITENER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities. Moreover, on one side due to this pandemic, the population have encouraged to adopt the food ingredients which is free from lactose as awareness of health is increasing among the people.
MARKET PLAYERS
The report covers key developments in the coffee whitener market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from coffee whitener market are anticipated to lucrative growth opportunities in the future with the rising demand for coffee whitener in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the coffee whitener market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Barry Callebaut
- MEGGLE GmbH and Co. KG
- FrieslandCampina Food and Beverages.
- Fujian Jumbo Grand Food Co., Ltd.
- Nestle
- Super Coffee
- WhiteWave Services, Inc.
- Yearrakarn Co., Ltd.
- Custom Food Group BHD
- Deutsche Extrakt Kaffee (DEK)
- Food Care Group
- KRUGER GROUP
- CALIFIA FARMS, LLC.
- Elmhurst Milked Direct LLC
- Chobani, LLC
- Nut Pods Dairy-Free Creamer
- SO DELICIOUS
- Starbucks Corporation.
- D'LECTA
- GCMMF (AMUL)