Global Fermented Beverages Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 4.6 % through 2020 to 2026, reaching nearly US$ XX Bn. The Global Fermented Beverages Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Fermented Beverages report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Fermented Beverages Market Overview:
Urbanization has resulted in a fast-paced lifestyle where the nutrient requirement has increased and consumption of natural food has decreased. Fermented Beverages are products made by extracting juice from natural elements like Grains, Fruits, Vegetables, etc. These Beverages provide all health-required nutrients in readily available form. With ease in availability and presence of all-natural elements, Fermented Beverages are preferred by people. Fermented Beverages are available in both Alcoholic and Non-Alcoholic types. Increased population, rise in spendable income, and improved lifestyle have resulted in growth in the Fermented Beverages Market. These beverages consist range of beverages from essential nutrients to energy boosters. With such a wide range of applications and a large existing customer base, the Global Fermented Beverages Market is growing.
Global Fermented Beverages Market Dynamics:
Issues related to transportation and storage of food products like fruits and vegetables are difficult to resolve. This has resulted in making processed food products and selling them at a higher price, a profitable business. Farmers are selling their food products to the Food Process industry rather than in the open market. Beverages are thus easy to make with low capital cost and high-profit business with an assured customer base. Fermented Beverages are preferred by people as a boosting food product. Beverages made from natural elements like Fruits, vegetables, and tea is consumed by people as a necessary nutrient requirement and energy drinks. Alcoholic beverages are consumed by a large number of people around the world. Habits, Preferences, and improvement in lifestyle have resulted in increased consumption of alcoholic beverages. In general, rising population and increased consumption have resulted in increased consumption of both Alcoholic and Non-Alcoholic Beverages. With ease in availability of natural food products and ever-rising demand, Fermented Beverages Market is rising. Fermented Beverages are consumed by people from all age groups and genders throughout the year and on various occasions, making them a product in high demand with high consumption. This has resulted in growth in the Global Fermented Beverages Market.
Change in Cost and availability according to different regions is the major restraining factor here. Different Social and Religious norms are limiting the growth of the Global Fermented Beverages Market.
Global Fermented Beverages Market Segment Analysis:
The Global Fermented beverages Market is segmented on the basis of By Product Type, this consists of categorization of beverages based on presence or absence of alcohol. By Product Type, this segment is divided into two types are Alcoholic and Non-Alcoholic. It is observed that Non-Alcoholic Fermented Beverages are dominating the Fermented Beverages Market. By Source, this consists of food products from which Fermented Beverage is extracted from. Different sources for fermented beverages are Grains, Fruits, Dairy, Tea, Vegetables, and various others. It is observed that Dairy products are consumed predominantly in the Fermented Beverages Market. Different types of hot and cold, soft and hard drinks are available in this segment. A rising trend of fusion of two beverages is changing the market. By Distribution Channels, this consists of the use of various mediums by people for purchasing Fermented Beverages. Different mediums like Supermarkets and near-to-home convenience stores are used for purchasing Fermented Beverages. Different brands have started their outlets to establish direct contact with customers. This has resulted in making Specialty Store the most preferred place to purchase Fermented Beverages by customers. It is observed that near-to-home Convenience Stores are the most preferred medium for purchasing Fermented Beverages. Players in this industry should focus on different distribution channels to expand their business. To know about the Research Methodology :- Request Free Sample Report The above Pie chart shows different sources used for making Fermented Beverages. This pie chart also shows preference given for the type of Fermented Beverage that helps new entrants to focus on the type of product. It is observed that Dairy products dominate the Global Fermented Beverages market. Beverages made from milk and milk products are consumed on daily basis by people around the world. The daily need for proteins and calcium is fulfilled by these products, resulting in a steady number of customers and rising demand. Fermented Beverages made from Fruits come in the second position. Fast-paced life has resulted in little time for eating healthy and natural food products like fruits and vegetables. Beverages made from these natural elements are preferred by people on a large scale as they supply the essential nutrients, in readily available form. The same is the reason for Fermented Beverages made from Vegetables to come in the third position. Tea is the preferred beverage by people around the world. From making a fresh start of the day to evening beverage, tea is consumed on large scale. This has resulted in making Tea Beverages come in the fourth position. Beverages made from grains consist of both alcoholic and non-alcoholic beverages. With a wide range of consumption of both types of beverages, Beverages made from Grains hold considerable market share. Various other beverages are consumed by people around the world.
Global Fermented Beverages Market Regional Insights
The above image shows the presence of the Global Fermented Beverages Market. Preference for Ready to eat food products in snacks has resulted in the emergence of a new market. Improvement in preservation techniques increased the consumable lifespan of food. All these factors combined with a fast-paced lifestyle gave non-stop demand for Fermented Beverages Products. For this sector, North America is the biggest market. The Ever-Increasing population and need for alternative food products and snacks have created a need for Fermented Beverages. Europe comes in second place. Here, Fermented Beverages are considered to be an alternative for Regular meals. Improvement in technology and the presence of various recreational mediums have made Europe the second-biggest market for Fermented Beverages. The Condition of the European market is similar to North America and thus new Fermented Beverages products are introduced constantly in these markets. The Asia-Pacific comes in third place. Ever-rising population, developing economies, and increased food consumption have resulted in making Asia-Pacific the biggest market with the future seen as a global dominant. South America has big potential, but the growth rate is very slow in this region. The Middle East and Africa’s market has shown very little growth in Fermented Beverages Market. The objective of the report is to present a comprehensive analysis of the global Fermented Beverages market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Fermented Beverages market dynamics, structure by analyzing the market segments and Project the global Fermented Beverages market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Fermented Beverages market make the report investor’s guide.
Global Fermented Beverages Market Scope: Inquire before buying
Global Fermented Beverages Market, by Region
• North America • Europe • Asia Pacific • Middle East and Africa • South America
Global Fermented Beverages Market Key Players
• Nestle SA • Reed’s Inc. • Red Bull Inc. • Hain Celestial Group • Kevita Inc. • The Coca Cola Company • Pepsico Inc. • Anheuser-Busch InBev • Bright Food Group • Groupe Danone • The Kefir Company • Lifeway Foods Inc. • Makana Beverages Inc. • Dohler GmbH • Caldwell Bio Fermentation Inc. • Burke Beverages Inc. • ACE Cider • Beaver Brewing Company • Wild Flavors Inc. • Portland Cider Company