Global Non-Dairy Toppings Market, By Type (Whip Cream, Pouring Cream, Spooning, Others), Form (Liquid, Powder, Frozen), Base Ingredient (Soy Milk, Vegetable Oil, Almond Milk, Coconut Milk, Others), Application (Bakery, Confectionery, Processed Fruits, Frozen Desserts, Beverage, Others), Distribution Channel (Specialty Food Stores, E-Commerce, Modern Stores, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Non-Dairy Toppings Market
The non-dairy toppings market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 7.08% in the forecast period of 2021 to 2028. The increasing number of lactose intolerant consumers across the globe is escalating the growth of non-dairy toppings market.
Non-dairy toppings refer to dairy-free products which are utilized as substitutes to dairy-based toppings having similar applications as their dairy-based counterparts. These toppings possess base ingredients including vegetable oil, soy milk, hemp milk, almond milk, rice milk and others. These are found in different types of forms such as powder, liquid and frozen formats.
The rising applications of non-dairy toppings in the bakery sector and the rise in the cases of lactose intolerance among people globally are the major factors driving the non-dairy toppings market. The increasing collaborations among prominent players and strategic product launches such as innovations of new flavors accelerate the non-dairy toppings market growth. The rise in the popularity of vegetarianism leading people to incline towards vegan products, adoption of new innovations such as plant based dairy products and high demand of chocolates and confectionery foods among population influence the non-dairy toppings market. The rise in consumption of ready-to-eat foods due to busy work life and growing ethnic food preferences and high demand for non-dairy products from the lactose intolerant consumers propels the non-dairy toppings market. Additionally, the growth in population globally, shift in consumer preferences, change in lifestyle, awareness regarding the product and increase in disposable income positively affect the non-dairy toppings market. Furthermore, new product offerings to cater diversified taste and preference of consumers, introduction of vegan label products and the large availability of raw materials including vegetable oil, coconut milk and soy milk especially in Asian countries extend profitable opportunities to the non-dairy toppings market players in the forecast period of 2021 to 2028.
On the other hand, the shift in consumer preference essential products and the categorization of the raw materials in the non-essential category due to the outbreak of pandemic are the factors expected to obstruct the non-dairy toppings market growth. The disruption in the supply and demand chain because of the COVID-19 impact is projected to challenge the non-dairy toppings market in the forecast period of 2021-2028.
This non-dairy toppings market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on non-dairy toppings market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Non-Dairy Toppings Market Scope and Market Size
The non-dairy toppings market is segmented on the basis of type, form, base ingredient, application and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the non-dairy toppings market is segmented into whip cream, pouring cream, spooning and others.
- On the basis of form, the non-dairy toppings market is segmented into liquid, powder and frozen.
- On the basis of base ingredient, the non-dairy toppings market is segmented into soy milk, vegetable oil, almond milk, coconut milk and others.
- On the basis of application, the non-dairy toppings market is segmented into bakery, confectionery, processed fruits, frozen desserts, beverage and others.
- On the basis of distribution channel, the non-dairy toppings market is segmented into specialty food stores, e-commerce, modern stores and others.
Global Non-Dairy Toppings Market Country Level Analysis
The non-dairy toppings market is analyzed and market size, volume information is provided by country, type, form, base ingredient, application and distribution channel as referenced above.
The countries covered in the global non-dairy toppings market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the non-dairy toppings market because of the rising adoption of vegetarianism, increasing demand for vegan products, presence of chocolate and confectionery foods in daily diet and growing demand for non-milk foods products due to high consumption of confectionary items among people in the region. Asia-Pacific is expected to witness the significant growth during the forecast period of 2021-2028 because of the presence of key players and the rise in popularity of vegan branded products among dairy products consumers.
The country section of the non-dairy toppings market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Non-Dairy Toppings Market Share Analysis
The non-dairy toppings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to non-dairy toppings market.
The major players covered in the non-dairy toppings market report are Miskin Foods Pvt Ltd., Shanghai Hi-Road Food Technology Co. Ltd, Ornima Bakery, PURATOS, Moonlite Foods Inc, Davars, Hanan Products Co., Inc., Rich’s, Dawn Food Products, Inc., Conagra Brands, Inc., FrieslandCampina Kievit, So Delicious Dairy Free, SCHLAGFIX, Goodrich Foodtech Ltd., Soyfoods Center among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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