The global fermented no-dairy beverage market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 3.2 billion by 2030. The dairy free drinkable yogurts segment is expected to account for the largest share of the market in terms of value, followed by fermented juices and kefir. The modern trade segment is expected to account for the largest share of the market in terms of volume, followed by supermarkets and convenience stores. North America is expected to be the fastest growing region in terms of value during the forecast period, while Asia Pacific will be fastest growing region in terms of volume.
Some Of The Growth Factors Of This Market:
- The global population is increasing and the demand for dairy products is also increasing.
- The global population is aging and the demand for fermented non-dairy beverages will increase as a result of this demographic shift.
- There are many health benefits associated with fermented non-dairy beverages, such as improved gut health, reduced risk of cardiovascular disease, and increased bone density.
- Fermented non-dairy beverages are becoming more popular in Western countries due to their perceived health benefits and taste profile that appeals to consumers in these regions who may not like the taste of dairy products or have lactose intolerance or other milk allergies/intolerances.
- Fermented Non-Dairy Beverages are becoming more popular in Eastern countries due to their perceived health benefits.
Industry Growth Insights published a new data on “Fermented Non-Dairy Beverage Market”. The research report is titled “Fermented Non-Dairy Beverage Market research by Types (Dairy Free Drinkable Yogurts, Fermented Juices, Non-Dairy Kefir, Others), By Applications (Modern Trade, Supermarket, Convenience Store, Online Stores, Others), By Players/Companies Thurella AG, Fentimans, KeVita Inc., Good Karma Foods Inc., Health-Ade Llc, Nestle, Millennium Products Inc., Konings NV, GT's Living Foods”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fermented Non-Dairy Beverage Market Research Report
By Type
Dairy Free Drinkable Yogurts, Fermented Juices, Non-Dairy Kefir, Others
By Application
Modern Trade, Supermarket, Convenience Store, Online Stores, Others
By Companies
Thurella AG, Fentimans, KeVita Inc., Good Karma Foods Inc., Health-Ade Llc, Nestle, Millennium Products Inc., Konings NV, GT's Living Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Fermented Non-Dairy Beverage Market Report Segments:
The global Fermented Non-Dairy Beverage market is segmented on the basis of:
Types
Dairy Free Drinkable Yogurts, Fermented Juices, Non-Dairy Kefir, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Modern Trade, Supermarket, Convenience Store, Online Stores, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thurella AG
- Fentimans
- KeVita Inc.
- Good Karma Foods Inc.
- Health-Ade Llc
- Nestle
- Millennium Products Inc.
- Konings NV
- GT's Living Foods
Highlights of The Fermented Non-Dairy Beverage Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dairy Free Drinkable Yogurts
- Fermented Juices
- Non-Dairy Kefir
- Others
- By Application:
- Modern Trade
- Supermarket
- Convenience Store
- Online Stores
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fermented Non-Dairy Beverage Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fermented non-dairy beverages are made from plant-based ingredients and contain probiotics, enzymes, and other beneficial bacteria. They can be enjoyed as a refreshing drink or used in recipes.
Some of the key players operating in the fermented non-dairy beverage market are Thurella AG, Fentimans, KeVita Inc., Good Karma Foods Inc., Health-Ade Llc, Nestle, Millennium Products Inc., Konings NV, GT's Living Foods.
The fermented non-dairy beverage market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fermented Non-Dairy Beverage Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fermented Non-Dairy Beverage Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fermented Non-Dairy Beverage Market - Supply Chain
4.5. Global Fermented Non-Dairy Beverage Market Forecast
4.5.1. Fermented Non-Dairy Beverage Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fermented Non-Dairy Beverage Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fermented Non-Dairy Beverage Market Absolute $ Opportunity
5. Global Fermented Non-Dairy Beverage Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fermented Non-Dairy Beverage Market Size and Volume Forecast by Type
5.3.1. Dairy Free Drinkable Yogurts
5.3.2. Fermented Juices
5.3.3. Non-Dairy Kefir
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fermented Non-Dairy Beverage Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fermented Non-Dairy Beverage Market Size and Volume Forecast by Application
6.3.1. Modern Trade
6.3.2. Supermarket
6.3.3. Convenience Store
6.3.4. Online Stores
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fermented Non-Dairy Beverage Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fermented Non-Dairy Beverage Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fermented Non-Dairy Beverage Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fermented Non-Dairy Beverage Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fermented Non-Dairy Beverage Demand Share Forecast, 2019-2026
9. North America Fermented Non-Dairy Beverage Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fermented Non-Dairy Beverage Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fermented Non-Dairy Beverage Market Size and Volume Forecast by Application
9.4.1. Modern Trade
9.4.2. Supermarket
9.4.3. Convenience Store
9.4.4. Online Stores
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fermented Non-Dairy Beverage Market Size and Volume Forecast by Type
9.7.1. Dairy Free Drinkable Yogurts
9.7.2. Fermented Juices
9.7.3. Non-Dairy Kefir
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fermented Non-Dairy Beverage Demand Share Forecast, 2019-2026
10. Latin America Fermented Non-Dairy Beverage Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fermented Non-Dairy Beverage Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fermented Non-Dairy Beverage Market Size and Volume Forecast by Application
10.4.1. Modern Trade
10.4.2. Supermarket
10.4.3. Convenience Store
10.4.4. Online Stores
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fermented Non-Dairy Beverage Market Size and Volume Forecast by Type
10.7.1. Dairy Free Drinkable Yogurts
10.7.2. Fermented Juices
10.7.3. Non-Dairy Kefir
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fermented Non-Dairy Beverage Demand Share Forecast, 2019-2026
11. Europe Fermented Non-Dairy Beverage Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fermented Non-Dairy Beverage Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fermented Non-Dairy Beverage Market Size and Volume Forecast by Application
11.4.1. Modern Trade
11.4.2. Supermarket
11.4.3. Convenience Store
11.4.4. Online Stores
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fermented Non-Dairy Beverage Market Size and Volume Forecast by Type
11.7.1. Dairy Free Drinkable Yogurts
11.72. Fermented Juices
11.7.3. Non-Dairy Kefir
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fermented Non-Dairy Beverage Demand Share, 2019-2026
12. Asia Pacific Fermented Non-Dairy Beverage Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fermented Non-Dairy Beverage Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fermented Non-Dairy Beverage Market Size and Volume Forecast by Application
12.4.1. Modern Trade
12.4.2. Supermarket
12.4.3. Convenience Store
12.4.4. Online Stores
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fermented Non-Dairy Beverage Market Size and Volume Forecast by Type
12.7.1. Dairy Free Drinkable Yogurts
12.7.2. Fermented Juices
12.7.3. Non-Dairy Kefir
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fermented Non-Dairy Beverage Demand Share, 2019-2026
13. Middle East & Africa Fermented Non-Dairy Beverage Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fermented Non-Dairy Beverage Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fermented Non-Dairy Beverage Market Size and Volume Forecast by Application
13.4.1. Modern Trade
13.4.2. Supermarket
13.4.3. Convenience Store
13.4.4. Online Stores
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fermented Non-Dairy Beverage Market Size and Volume Forecast by Type
13.7.1. Dairy Free Drinkable Yogurts
13.7.2. Fermented Juices
13.7.3. Non-Dairy Kefir
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fermented Non-Dairy Beverage Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fermented Non-Dairy Beverage Market: Market Share Analysis
14.2. Fermented Non-Dairy Beverage Distributors and Customers
14.3. Fermented Non-Dairy Beverage Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Thurella AG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fentimans
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. KeVita Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Good Karma Foods Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Health-Ade Llc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nestle
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Millennium Products Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Konings NV
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. GT's Living Foods
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook