The global fermented drinks market is poised to register a CAGR of XX% to reach USD XX billion, by 2022. The increasing trend of alcoholic beverages and growing consumer demand for natural ingredients is driving the market.
In 2016, KeVita, the producer of probiotic drinks and Kombucha, was acquired by PepsiCo., to expand the company’s portfolio and R&D.
Lifeway Foods Inc is expanding the business to Ireland, with the kefir smoothie’s launch. The production is supported by West Cork milk from Clóna Dairies.
The Growth in Alcoholic Beverages = Growth in the Fermented Drinks Market
The alcoholic beverage is one of the trillion markets of the F&B sector. The market is driven by the wide availability and adoptability and the increasing social gatherings. The alcoholic beverages market was recorded at 1.3 trillion in 2015 and is expected to cross 1.5 trillion, by 2022.
The growth of alcoholic beverages is expected to drive the fermented drinks market, which is anticipated to have a great impact for 1-2 years. Further, this impact is expected to be the minimum, during the forecast period, owing to the rising controversies related to alcoholic beverages and the consumption decline.
The market has been segmented by type (alcoholic and non-alcoholic), raw material (grains, fruits, dairy, others), distributional channel (online stores, super markets, health stores, others) and region (North America, South America, Europe, the Middle East & Africa and Asia-Pacific).
Grains Dominate the Segment Due to Growth in Alcoholic Beverages
The increase in demand for alcoholic beverages is affecting the growth of grains in this segment, as grains, such as sorghum, wheat, rye, barley, rice and millets, are the major ingredients for the preparation of alcoholic beverages. The same is expected to continue, during the forecast period.
Asia Pacific is Spearheaded Nation gor the Fermented Drinks
Asia-Pacific, traditionally applies the method of fermentation in its drinks and foods. With the growing health benefits awareness, the naturally performed fermentation has gained attention and spread across the regions. Europe as the most health oriented nation, is in the second position and is expected to register a CAGR of 4.5%, during the forecast period.
The market is fragmented into small and big players in the industry. The market is influenced by the consumer preferences. However, owing to the price competition, product innovations and distribution are the major factors to be considered.
Some of the key players are:
Lifeway Foods Inc
The Kefir Company
Our report on fermented drinks covers the following:
- Fermented drinks market trends & dynamics
- Latest News & fermented drinks developments
- Porter’s five forces analysis
- Investment scope
- Deep-dive insights
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Market Definition
2. Research Approach & Methodology
2.2 Research Designs
2.3 Study Timelines
2.4 Study Phases
2.4.1 Secondary Research
2.4.2 Discussion Guide
2.4.3 Market Engineering & Econometric Modelling
2.4.4 Expert Validation
3. Market Overview
3.1.1 Growth in Consumption of Alcoholic Beverages
3.1.2 Demand for Functional Beverages
3.1.3 Increasing Demand for Natural Ingredients Market
3.2.1 Availability of Raw Materials
3.3.1 High scope in Developing Economies
3.3.2 New product Developments and Innovations
3.4 Porter's Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products & Services
3.4.5 Degree of Competition
4. Market Segmentation
4.1 By Raw material
4.2 By Type
4.2.1 Alcoholic Beverages
4.2.2 Non-Alcoholic Beverages
4.3 By Distribution Channel
4.3.1 Online Stores
4.3.2 Super Market/Hyper Markets
4.3.3 Health Stores
4.4 By Region
4.4.1 North America
18.104.22.168 United States
22.214.171.124 United Kingdom
4.4.3 Asia Pacific
4.4.4 South America
126.96.36.199 South africa
5. Competitive Landscape
5.1 Strategy Adopted by Key players
5.2 Most active companies in the past five years
5.3 Market Share Analysis
6. Company Profiles
6.1 Hain Celestial Group
6.2 Kevita Inc.
6.3 Red Bull Inc.
6.4 Makana Beverages Inc.
6.5 The Coca Cola Company
6.6 Lifeway Foods Inc.
6.7 Groupe Danone
6.8 The Kefir Company
6.10 Reed’s Inc.
- Dsm Nutritional Products
- Bioprocess Algae
- Neptune Wellness Solutions (Biogroga)
- Qualitas Health
- Nordic Naturals
- Simris Alg
- Terravia (Solazyme)
- Xiamen Huison Biotech
- Nature's Way (Ascenta Health)
- Synthetic Genomics