"Non-dairy toppings market forecast, trend analysis and competition tracking – global market insights, 2018-2028" is a comprehensive research report covering several facets of non-dairy toppings market revealing vital insights on sales and demand projections. The non-dairy toppings market covers forecasts for a period of 10 years, from 2018 till 2028 along with a year-on-year growth rate. The report on non-dairy toppings market provides historical data, current non-dairy toppings scenario and future non-dairy toppings market projections for the said period. Analysis on various dynamics influencing the growth of the non-dairy toppings market is also included in the report.
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Rising Veganism Trend Likely to Boost Demand for Non-Dairy Toppings
The increasing demand for vegan food products have fuelled the demand for non-dairy toppings across the globe. Millennials being the central drivers, the trend of increasing preference towards non-dairy toppings across developed and emerging economies is expected to drive the non-dairy toppings market growth. According to Good Food Institute and PBFA (Plant Based Foods Association), the sale of plant-based products rose by 8.1% in 2017 in the United States, consequently presenting potential avenues for non-dairy toppings producers. The growing veganism trend is not limited to developed countries alone – China is quickly emerging as a lucrative market for vegan products.
Non-Dairy Toppings Emerge as a Viable Culinary Option for Lactose Intolerant Demographic
Significant rise in lactose intolerant population is expected to drive the demand for plant-based food products such as non-dairy toppings. According to NIDDK (National Institute of Diabetes and Digestive and Kidney Diseases), about 68% of the global population is facing lactose malabsorption leading to lactose intolerance. Growing lactose intolerance has triggered demand for lactose free products such as non-dairy toppings, in turn fueling their adoption at a significant pace.
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Adoption of UHT Technology Gaining Ground among Manufacturers
Apart from nutritional benefits, the demand for non-dairy toppings is also influenced by their production methods. Producers of non-dairy toppings are adopting UHT (Ultra High Temperature) technology. UHT provides non-dairy toppings, especially whipped creams, with higher stability, prevents syneresis and enhanced fat reduction. Moreover, non-dairy toppings produced from UHT do not curdle and can be combined with any color or flavors. Benefits of UHT-processed non-dairy toppings are likely to impact growth of the non-dairy toppings market during the forecast period.
Competitive Landscape
The non-dairy toppings market report covers analysis on various key players involved in the production and distribution of non-dairy toppings across the globe. Profiles of key companies such as ConAgra Brands Inc., FrieslandCampina Kievit, and Puratos NV have been included in the competitive landscape section of the report. Key facets including growth strategies, financials, product portfolios, innovations and developments and overall SWOT of these companies is covered here.
Segmentation
The non-dairy toppings market has been segmented in detail to cover every angle of the non-dairy toppings market impacting its growth. The non-dairy toppings market is segmented on the basis of base ingredient (soy milk, vegetable oil, almond milk, coconut milk, others), by form (liquid, powder, frozen), by application (bakery, confectionery, processed fruits, frozen desserts, beverage, others), by type (whip cream, pouring cream, spooning cream, others), by distribution channel (direct and indirect – modern stores, specialty food stores, e-commerce, others) and by region (North America, Latin America, Western Europe, Eastern Europe, Japan, Asia Pacific excluding Japan and Middle East and Africa).
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