Latin America Non-Dairy Creamer Market was worth USD XX.XX billion in 2021 and estimated to be growing at a CAGR of X.XX%, to reach USD XX.XX billion by 2027
A traditional dairy creamer is used in the preparation of beverages and contains lactose as its prime ingredient. The non-dairy counterpart of the same is a lactose free substance and is considered as an alternative to dairy products such as milk or fresh cream.The variety of uses for non-dairy creamers include as a staple part of diet for people suffering from lactose intolerance and for vegetarians that prefer plant-based products as opposed to animal-derived products. The fundamental ingredient found in non-dairy creamers is vegetable oil. These provide the taste and texture similar to dairy products.The major factors affecting the non-dairy creamer market includes the rise in the number of lactose intolerant patients. Also driving the market are research and development in the field, the rise in the number of vegetarians leading to preference towards plant based products and increasing incidence of other lifestyle diseases such as obesity and diabetes. Inspite of the numerous positives, the market is still hampered by the negative perception towards some products. Some products are increasingly perceived as a negative influence on the human body inspite of it being perfectly acceptable. Although there are exceptions to this, the trend has resulted in a general restraint for the market growth.
by Applications
Food
Beverages
Other Segments
based on Product Type
Soy
Almond
Coconut Milk
Creamers
on the basis of
Fat Content Low Fat
Medium Fat and High Fat
based on Distribution Channel
Hypermarkets or Supermarkets,
Convenience Stores,
Pharmacies or Drugstores,
Argentina
Brazil
Mexico
The Latin American region is one that offers immense scope for development in the forecast years as is evident from the high growth rate of the region. In spite of having only a minor market share, the CAGR of the region is the second highest globally only behind Asia-Pacific. This market is one that shows promise in the coming years.
Nestle
The WhiteWave Foods Company
Cargill
Sugar Foods Corporation
Rich Products
Pulmuone Foods
Organic Valley Crop Cooperative
Bigtree Group
Wenhui Food
Dean Foods
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