Coffee-Mate Market Report 2023

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GLOBAL COFFEE-MATE MARKET REPORT 2023
Global,Regional,CountryAnalysis
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INTRODUCTION
Coffee-mate is a lactose-free coffee creamer. It
is available in powdered, liquid, and
concentrated liquid forms. Coffee-mate is used to
make the coffee richer, smoother, and creamier.
Coffee mates or creamers include liquids,
powders, concentrates, reduced fat and
sugar-free, as well as a variety of flavors. The
growing demand for vegan coffee creamers and
increasing preference for healthy coffee
contribute to the market growth of coffee-mates.
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KEY INSIGHTS
MARKET SIZE USD 18.50 billion
2022
FORECAST USD 28.39 billion
2030
CAGR 5.5
2023- 2030
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REVENUE MARKET SHARE BY SEGMENTS 2022

• Powdered Coffee-Mate
• Liquid Coffee-Mate

Type Segment

• Cafe
• Restruant
• Office

Application segment

• Supermarkets
• Online Stores
• Convenience Stores

Distribution channel
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Global Coffee-Mate Market Revenue share for 2022
North America 66
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Growing preference for healthy coffee creamers is
expected to drive the growth of the coffee-mate
market.
Drivers
The high cost of non-dairy creamers is expected
to hinder the market growth of coffee-mates.
Restraints
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AUTHOR'S PERSPECTIVE

• The Global Coffee-Mate Market is witnessing
  significant growth in the near future.
• Liquid coffee-mates are widely demanded in the
  market owing to their convenience in handling and
  storage they can be easily stored under cold
  temperatures and tightly capped after the first
  use.
• In 2023, the Powdered Coffee-Mate segment
  accounted for noticeable share of global
  Coffee-Mate Market and is projected to experience
  significant growth in the near future.
• The Caf segment is expected to expand at the
  significant CAGR retaining position throughout
  the forecast period.

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KEY PLAYERS
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