Market Overview 

Non-Dairy Toppings refrain from the use of dairy extracts and eliminate animal-based milk products during their production and processing, catering to customers who have adopted a diet that excludes dairy and animal products. The non-dairy toppings primarily include whipped cream, along with other variants such as poured cream and liquid & frozen toppings. 

Market Dynamics  

The increased spending on toppings by a proliferating number of lactose-intolerant consumers and gradual consumer shift towards veganism and non-animal food products are the primary factors driving the market growth. The growing adoption of non-dairy diet routines by fitness enthusiasts, in a bid to lower saturated fats and sugar intake for maintenance of a healthy weight, is also a primary factor that would influence the growth of the market during the forecast period significantly. The broad availability of non-dairy topping items in restaurants and packaged food products is spurred by the growing consumer demand for dairy-free bakery and processed fruit offerings, bolstering prospects of market growth in the ensuing years. The gradual increase in consumers adopting the path of veganism in their daily food habits would further propel market growth prospects. However, limitations to the availability of specific raw materials and fragmented nature of final product pricing might hamper the market growth. The uncertainty in product pricing structure has led to fluctuations in prices ranging from affordable to very high rates, which might act as a barrier to market growth. The rising product incorporation in ready-to-eat bakery and confectionery food items would provide lucrative opportunities for the market in the coming years. The expansion of bakery offerings to include non-dairy toppings as well would present crucial vendors with new possibilities of product sales and business expansion over the forecast period. 

Market Segmentation 

The global Non-Dairy Toppings market is mainly classified based on Type, Application, and Distribution Channel. Type is segmented into Soy Milk, Vegetable Oil, Almond Milk, Coconut Milk, and Others. By Application, the market is bifurcated into Bakery & Confectionery, Beverages, Frozen Desserts, Processed Fruits, and Others. By Distribution Channel, the market is further categorized into Retail Stores, Convenience Stores, Online Stores, and Others. 

The Almond Milk segment by Type holds a significant market share in terms of the overall value owing to the lower amount of calories present in almond milk products when compared to other alternatives. The presence of the high amount of optimum potassium and vitamins in almond milk, with minimal saturated fats that do not cause weight gain, would further boost chances of segment growth in the ensuing years. 

In terms of Application, the Bakery & Confectionery segment holds a significant share and is leading in terms of overall market volume. The rising demand for the use of non-dairy toppings on takeaway bakery items and low fat-based confectionery products would instigate the growth of the segment over the forecast period. 

Regional Analysis 

Based on geography, the global Non-Dairy Toppings market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, Russia, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America. At the same time, the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa. 

Europe is the leading region and holds a substantial share in terms of overall market value owing to the rising number of vegan consumers and increased health-conscious awareness among the general population about the benefits of non-dairy food diet. 

Competitive landscape 

The Non-Dairy Toppings market is relatively fragmented, with several global and regional companies operating with an expansive range of product offerings and extensive product delivery networks. The ability of local companies to cater to consumer demands in remote areas would further intensify the overall market competitiveness. 

Key players operating in the Non-Dairy Toppings industry include Conagra Brands, Inc., Dawn Food Products, Inc., FrieslandCampina Kievit BV, Goodrich Carbohydrates Limited, Hanan Products Company Inc., Ornima Bakery, Puratos N.V., Rich Products Corporation, Schlagfix, and So Delicious Inc. 

The launch of new products after thorough research & development and diversification of business opportunities through strategic partnerships and tactical acquisitions are the primarily followed business strategies of top players looking to capture substantial market share during the forecast period. 

Covid-19 Impact Analysis 

The spread and proliferation of infected cases due to the Covid-19 pandemic has presented severe challenges to the growth prospects of the Non-Dairy Toppings market, with restrictions on the movement of goods and people instilling lockdown measures in almost all major countries around the globe. The closing down of foodservice joints and food processing units, as a result, has hampered the demand and sale of non-dairy toppings for an extended period. The limitations to the full-time resumption of work activities inside facilities catering to the production of non-dairy toppings have further hindered the market growth. The general confinement of people inside their houses, and reduction in non-essential outdoor activities, steps taken to curb the spread of the virus, have diminished the requirement of non-dairy toppings. The uncertainty over the expiry timeline of bakery and frozen food products with non-dairy toppings would also act as potential barriers to the growth of the market in the coming months. 

Non-Dairy Toppings Market Key Segments: 

By Type 

• Soy Milk 
• Vegetable Oil 
• Almond Milk 
• Coconut Milk 
• Others 

By Application 

• Bakery & Confectionery 
• Beverages 
• Frozen Desserts 
• Processed Fruits 
• Others 

By Distribution Channel 

• Retail Stores 
• Convenience Stores 
• Online Stores 
• Others 

Key Global Non-Dairy Toppings Industry Players 

• Conagra Brands, Inc. 
• Dawn Food Products, Inc. 
• FrieslandCampina Kievit BV 
• Goodrich Carbohydrates Limited 
• Hanan Products Company Inc. 
• Ornima Bakery 
• Puratos N.V. 
• Rich Products Corporation 
• Schlagfix So Delicious Inc. 

What Report Provides 

• Full in-depth analysis of the parent Industry 
• Important changes in the market and its dynamics 
• Segmentation details of the market 
• Former, on-going, and projected market analysis in terms of volume and value 
• Assessment of niche industry developments 
• Market share analysis 
• Key strategies of major players 
• Emerging segments and regional growth potential