The industry that creates and distributes Non-Dairy Toppings Market substitutes for customary dairy-based toppings like whipped cream and ice cream is known as the non-dairy toppings market. These dairy substitutes are used to meet the rising demand for vegan and dairy-free food options. They are made from plant-based ingredients like soy, almond, coconut, and oat. Manufacturers of non-dairy toppings, food and beverage producers, and retail chains are important market participants. The market is being driven by the rising demand for plant-based food options and the expanding knowledge of the environmental and health advantages of non-dairy goods.
Animal-based products are increasingly taking a backseat, driven by steady rise in the number of vegans around the globe. Higher levels of awareness about nutrition, health, environment, and animal cruelty, especially among the massive millennial demographic, is driving demand for non-dairy toppings. Despite reduced demand from the foodservice sector, higher demand for convenience and RTE foods, and greater health consciousness among consumers during the COVID-19 pandemic has created opportunities for growth where the liquid form of non-dairy toppings is most widely used across different sectors.
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Segmentation of Non-Dairy Toppings Industry Research
- By Type :
- Whipped Cream
- Pouring Cream
- Spooning
- Others
- By Base Ingredient :
- Soy Milk
- Vegetable Oils
- Almond Milk
- Coconut Milk
- Others
- By Form :
- Liquid
- Powder
- Frozen
- By Application :
- Bakery
- Confectionery
- Processed Fruits
- Frozen Desserts
- Beverages
- Others
- By Distribution Channel :
- Direct Sales
- Indirect Sales
- Modern Stores
- Specialty Food Stores
- e-Commerce
- By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Takeaways from Non-Dairy Toppings Market Study
- The global non-dairy toppings market was hit hard by the COVID-19 pandemic, with growth going south bound at -7.1% in 2020. However, 2021 will see the return of normal growth at around 7.5%.
- Western Europe currently accounts for more than 25% in the non-dairy toppings market, but is expected to reflect steady decline in market share through 2031. Asia Pacific excluding Japan is expected to portray a higher growth rate of over 11% during the forecast period.
- The U.S. is set to hold over 15% of global market share.
- Germany holds a leading share of over 20% in Western Europe, while China and India are lucrative markets in APEJ.
- Based on base ingredient, demand for vegetable oil accounts for a higher share in the market, and is expected to display a healthy growth rate through the forecast period.
- In terms of product, whipped cream accounts for a higher share in the non-dairy toppings market, and is expected to portray strong growth during the forecast period.
- Demand for non-dairy toppings in bakery applications is expected to be the highest in comparison to other end uses, and is expected to double by 2031.
- More than 40% application of non-dairy toppings will be in bakery products.
- Modern stores to account for the most sales of non-dairy toppings across the world.
Key Companies Profiled
- Rich Products
- Puratos
- Hanan Products
- Dawn Foods
- Conagra Brands
- Pinnacle Foods
- Goodrich Foodtech
- Schlagfix
Competitive Landscape
Major producers of non-dairy toppings are focusing on new product introductions, as well as strategic mergers and acquisitions, to boost their market positions and diversify their product lines.
For illustration:
- Conagra Brands unveiled two new non-dairy Reddi-wip whipped topping flavors, including almond and coconut. These meals offer just 10 calories per serving and don’t include any artificial flavors or preservatives
Contact:
US Sales Office:
11140 Rockville Pike
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Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
