During the five years to 2014, many companies and individuals temporarily reduced spending on coffee creamer by buying a private-label product or using less of it daily. However, demand for coffee creamer bounced back quickly because it is a relatively low-cost product. Additionally, the price of coffee creamer rose as companies marked up products to account for rising input costs, thus offsetting the slight decline in coffee consumption. Looking forward, the industry is projected to benefit from rising disposable income and corporate profit, which will boost demand for more expensive products. Nonetheless, input prices will continue to rise, posing a challenge to industry operators.
This industry manufactures dairy and nondairy coffee creamers in powdered and liquid form. The production of other products, such as half and half, whipping cream, ice cream mix, milk or milk substitutes, sour cream, cheese or powdered beverages, is excluded from this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.