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Global Fermented Drink Market to reach USD 5.68 billion by the end of 2029

Global Fermented Drink Market Size study & Forecast, by Type (Fermented beverages, Alcoholic Beverages, Non-alcoholic beverages), by Source (Dairy products, Fruits, Vegetables, Others), by Distribution Channel (Supermarkets/Hypermarkets, convenience stores, online/offline Retail stores, Others) and Regional Analysis, 2022-2029

Product Code: OIRFB-48084004
Publish Date: 20-03-2023
Page: 200

Global Fermented Drink Market is valued at approximately USD 3.59 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.90% over the forecast period 2022-2029. Fermented beverages are flavorful beverage mixes that contain ethanol, a type of alcohol made by fermenting grains, fruits, and other sugar sources. Fermentation is a natural process in which yeast or bacteria combine sugars to produce alcohol and carbon dioxide. Beer, wine and spirits are the most common fermented beverages. Fermented beverages have become one of the most commonly consumed beverages worldwide. In recent years, with the gradual improvement of fermentation technology and increased investment in research and development of other processing technologies, we not only meet the growing demand for fermented beverages. Several recent new product launches are the result of developing new products with improved taste and versatility combined with strong marketing support. Several new product launches during the forecast period are expected to improve the market outlook for fermented beverages.

However, Transportation service and inventory shortage issues will bring heavy losses to fruit and vegetable producers, limit the market, and challenge the fermented beverages market during the forecast period. On the other hand, increasing penetration of e-commerce platforms, especially in developing countries, and strict laws guaranteeing the production of high-quality organic beverages will drive the growth of market value.

The key regions considered for the Global Fermented Drink Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominates the market due to rising consumer interest towards therapeutic products containing probiotic bacteria. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as an expansion of the fermented dairy products market. Dairy products used to be fermented, but new technologies and innovations are drawing consumers towards commercialized fermented dairy products which significantly grow the market in the forecast period.

Major market player included in this report are:
Bayer AG (Germany)
DSM (Netherlands)
Amway (U.S.)
The Nature’s Bounty Co. (U.S.)
GlaxoSmithKline plc. (U.K.)
Nestlé SA (Switzerland)
Mead Johnson & Company, LLC. (U.S.)
Medifast, Inc. (U.S.)
PepsiCo Inc. (KeVita Inc.) (US)
Health Food Manufacturers’ Association (U.K.)

Recent Developments in the Market:
 In October 2021; A new product Vegan Kimchi which is claimed to be 100% vegan, gluten free and more convenient, is added by Nasoya in their product portfolio.
 In Aug 2021; A new Alcoholic beverage Hard MTN Dew was produced by the Boston beer company and PepsiCo in an announced business partnership.
 In July 2021; The Boston beer company and Beam Suntory announced a long-term business partnership to expand and grow as one of the fastest-growing alcohol beverages.
Global Fermented Drink Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Source, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Fermented Beverages

By Source:
Dairy Products

By Distribution Channel:
Convenience Store
Online/offline Retail Store

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Fermented Drink Market, by region, 2019-2029 (USD Billion)
1.2.2. Fermented Drink Market, by Type, 2019-2029 (USD Billion)
1.2.3. Fermented Drink Market, by Source, 2019-2029 (USD Billion)
1.2.4. Fermented Drink Market, by Distribution channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Fermented Drink Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Fermented Drink Market Dynamics
3.1. Fermented Drink Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing popularity of Fermented Drinks Growing prevalence of digestive disorders
3.1.2. Market Challenges High Transportation and warehousing Cost
3.1.3. Market Opportunities Strict laws for high-quality organic beverages Increasing E-commerce platform penetration
Chapter 4. Global Fermented Drink Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Fermented Drink Market, by Type
6.1. Market Snapshot
6.2. Global Fermented Drink Market by Type, Performance – Potential Analysis
6.3. Global Fermented Drink Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Fermented Drink Market, Sub Segment Analysis
6.4.1. Fermented Beverages
6.4.2. Non-Alcoholic
6.4.3. Alcoholic
Chapter 7. Global Fermented Drink Market, by Source
7.1. Market Snapshot
7.2. Global Fermented Drink Market by Source, Performance – Potential Analysis
7.3. Global Fermented Drink Market Estimates & Forecasts by Source 2019-2029 (USD Billion)
7.4. Fermented Drink Market, Sub Segment Analysis
7.4.1. Dairy Products
7.4.2. Fruits
7.4.3. Vegetables
7.4.4. others
Chapter 8. Global Fermented Drink Market, by Distribution Channel
8.1. Market Snapshot
8.2. Global Fermented Drink Market by Distribution Channel, Performance – Potential Analysis
8.3. Global Fermented Drink Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
8.4. Fermented Drink Market, Sub Segment Analysis
8.4.1. Supermarkets/Hypermarkets
8.4.2. Convenience Store
8.4.3. Online/offline Retail Store
8.4.4. Others
Chapter 9. Global Fermented Drink Market, Regional Analysis
9.1. Fermented Drink Market, Regional Market Snapshot
9.2. North America Fermented Drink Market
9.2.1. U.S. Fermented Drink Market Type breakdown estimates & forecasts, 2019-2029 Source breakdown estimates & forecasts, 2019-2029 Distribution Channel breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Fermented Drink Market
9.3. Europe Fermented Drink Market Snapshot
9.3.1. U.K. Fermented Drink Market
9.3.2. Germany Fermented Drink Market
9.3.3. France Fermented Drink Market
9.3.4. Spain Fermented Drink Market
9.3.5. Italy Fermented Drink Market
9.3.6. Rest of Europe Fermented Drink Market
9.4. Asia-Pacific Fermented Drink Market Snapshot
9.4.1. China Fermented Drink Market
9.4.2. India Fermented Drink Market
9.4.3. Japan Fermented Drink Market
9.4.4. Australia Fermented Drink Market
9.4.5. South Korea Fermented Drink Market
9.4.6. Rest of Asia Pacific Fermented Drink Market
9.5. Latin America Fermented Drink Market Snapshot
9.5.1. Brazil Fermented Drink Market
9.5.2. Mexico Fermented Drink Market
9.6. Rest of The World Fermented Drink Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Bayer AG (Germany) Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Dutch State Mine (DSM) (Netherlands)
10.2.3. Amway Corporation Ltd. (U.S.)
10.2.4. The Nature’s Bounty Co. (U.S.)
10.2.5. GlaxoSmithKline PLC. (U.K.)
10.2.6. Nestlé SA (Switzerland)
10.2.7. Mead Johnson & Company, LLC. (U.S.)
10.2.8. Medifast, Inc. (U.S.)
10.2.9. PepsiCo Inc. (KeVita Inc.) (US)
10.2.10. Health Food Manufacturers’ Association (U.K.)
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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