The Growing Popularity of Non-Dairy Toppings: A Market Analysis
According to a market research report by FactMR, the global non-dairy toppings market was valued at over US$ 1.3 billion in 2020, and is expected to register a CAGR of 6.5% from 2021 to 2031. Non-dairy toppings are used as substitutes for traditional dairy-based toppings such as whipped cream and buttercream, and are popular among people who follow a vegan or lactose-free diet.
The report states that the increasing demand for plant-based food products, along with the growing vegan population, is driving the growth of the non-dairy toppings market. In addition, the rising number of lactose intolerant individuals and the increasing awareness about the health benefits of plant-based diets are also contributing to the market growth.
Based on product type, the report categorizes the non-dairy toppings market into whipped cream alternatives, frosting, and others. Among these, whipped cream alternatives are the most popular, owing to their versatility and ability to be used in a wide range of applications.
Geographically, North America is the largest market for non-dairy toppings, due to the high demand for plant-based food products in the region. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, owing to the increasing popularity of vegan and plant-based diets in countries such as China and India.
Some of the key players in the non-dairy toppings market include Rich Products Corporation, Puratos Group, Barry Callebaut AG, Ingredion Incorporated, and Dawn Food Products Inc
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
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