Market Overview:
The global fermented foods and drinks market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for healthy and nutritious food products, rising awareness about the health benefits of fermented foods and drinks, and growing trend of consuming probiotic-rich food products. The global fermented vegetables market is projected to grow at a CAGR of 7.1% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for healthy and nutritious food products, rising awareness about the health benefits of fermented vegetables, and growing trend of consuming probiotic-rich food products. The global fermented dairy products market is projected to grow at a CAGR of 5.8% during the forecast period from 2018to 2030 .
Product Definition:
Fermented foods and drinks are those that have been through a process of bacterial or yeast fermentation. During this process, sugars in the food or drink are broken down into acids or alcohols. The end products of fermentation can vary depending on the type of bacteria or yeast used, but generally these foods and drinks have a sour flavor and a slightly higher acidity than their unfermented counterparts. Fermentation has been used for centuries to preserve foodstuffs, and it also produces some nutrients that are beneficial for human health. Some common fermented foods and drinks include sauerkraut, kombucha, pickles, yogurt, beer, wine, and kefir.
Fermented Vegetables:
Fermented vegetables are pickled, sun-dried or fermentation process in which food is preserved by microorganisms such as bacteria, fungi and yeast. Fermented foods have probiotic effect on human body; they help to improve gut health and reduce the risk of several diseases including cancer.
The global fermented vegetable market size was valued at USD 2.5 billion in 2015.
Fermented Dairy Products:
Fermented dairy products are foods that have been fermented using bacteria and/or microorganisms. The fermentation process aids in the production of vitamins, proteins, enzymes, and other nutrients. Fermented dairy products include yogurt, kefir cheese & drinks (lactose-free & non-lactose), sour cream & yogurt creams.
Application Insights:
The retail application segment accounted for the largest share of over 70.0% in 2017. The growth can be attributed to growing consumer preference for probiotic products and healthy food, which has a positive impact on market demand. Moreover, rising health concerns among consumers are encouraging retailers to introduce new and innovative products in the fermented food & drinks category, thereby driving the segment growth.
Fermented dairy products accounted for a significant share in retail application owing to their high nutritional value and functional benefits such as gut healing properties that help improve digestion and nutrient absorption along with providing immunity against bacterial infection due to lactic acid production process during fermentation process. This is likely to drive product demand in near future as well.
Regional Analysis:
Europe emerged as the largest regional market in 2017 owing to high demand for probiotics-based functional foods and beverages. The region is expected to maintain its dominance over the forecast period due to increasing consumption of dairy products, such as yogurt and cheese, which are rich sources of probiotics. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 owing mainlyto rising product demand in China and India on account of growing consumer awareness regarding health benefits associated with fermented food items. Moreover, increasing number of retail stores specialized in selling healthy lifestyle products will boost industry growth over the next eight years.
The U.S., being a developed economy has been experiencing an increase in per capita income since 1970s resulting into higher spending capacity among consumers; subsequently driving overall industry growth across all regions except Middle East & Africa (MEA).
Growth Factors:
- Increasing awareness about the health benefits of fermented foods and drinks is driving the market growth.
- Rising demand for probiotic-rich food and drinks is another major factor propelling the market growth.
- Growing popularity of fermented foods among millennials is contributing to the market expansion.
- Rapid urbanization coupled with changing lifestyle habits is fueling the demand for fermented foods and drinks across regions worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Fermented Foods & Drinks Market Research Report
By Type
Fermented Vegetables, Fermented Dairy Products, Fermented Drinks
By Application
Retail, Super Market/Hyper Markets, Convenience Stores
By Companies
Coca Cola, Balance Water, Cargill, Comexim, Conagra Foods, Dr Pepper, DSM, Eklo Water, Danone, Grupo Petrópolis, Coca Cola, Hint Water, Nestle, Suntory Beverage & Food, PepsiCo
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Fermented Foods & Drinks Market Report Segments:
The global Fermented Foods & Drinks market is segmented on the basis of:
Types
Fermented Vegetables, Fermented Dairy Products, Fermented Drinks
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
Retail, Super Market/Hyper Markets, Convenience Stores
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:
- Coca Cola
- Balance Water
- Cargill
- Comexim
- Conagra Foods
- Dr Pepper
- DSM
- Eklo Water
- Danone
- Grupo Petrópolis
- Coca Cola
- Hint Water
- Nestle
- Suntory Beverage & Food
- PepsiCo
Highlights of The Fermented Foods & Drinks 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:
- Fermented Vegetables
- Fermented Dairy Products
- Fermented Drinks
- By Application:
- Retail
- Super Market/Hyper Markets
- Convenience Stores
- 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 Foods & Drinks 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.
How you may use our products:
- 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 foods and drinks are those that have been intentionally or unintentionally treated with bacteria, yeast, or other microorganisms in an effort to improve their flavor, texture, or nutritional value.
Some of the key players operating in the fermented foods & drinks market are Coca Cola, Balance Water, Cargill, Comexim, Conagra Foods, Dr Pepper, DSM, Eklo Water, Danone, Grupo Petr³polis, Coca Cola, Hint Water, Nestle, Suntory Beverage & Food, PepsiCo.
The fermented foods & drinks market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fermented Foods & Drinks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fermented Foods & Drinks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fermented Foods & Drinks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fermented Foods & Drinks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fermented Foods & Drinks Market Size & Forecast, 2020-2028
4.5.1 Fermented Foods & Drinks Market Size and Y-o-Y Growth
4.5.2 Fermented Foods & Drinks Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fermented Vegetables
5.2.2 Fermented Dairy Products
5.2.3 Fermented Drinks
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Super Market/Hyper Markets
6.2.3 Convenience Stores
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fermented Foods & Drinks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fermented Foods & Drinks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fermented Vegetables
9.6.2 Fermented Dairy Products
9.6.3 Fermented Drinks
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Super Market/Hyper Markets
9.10.3 Convenience Stores
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fermented Vegetables
10.6.2 Fermented Dairy Products
10.6.3 Fermented Drinks
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Super Market/Hyper Markets
10.10.3 Convenience Stores
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fermented Vegetables
11.6.2 Fermented Dairy Products
11.6.3 Fermented Drinks
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Super Market/Hyper Markets
11.10.3 Convenience Stores
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fermented Vegetables
12.6.2 Fermented Dairy Products
12.6.3 Fermented Drinks
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Super Market/Hyper Markets
12.10.3 Convenience Stores
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fermented Vegetables
13.6.2 Fermented Dairy Products
13.6.3 Fermented Drinks
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Super Market/Hyper Markets
13.10.3 Convenience Stores
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fermented Foods & Drinks Market: Competitive Dashboard
14.2 Global Fermented Foods & Drinks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Coca Cola
14.3.2 Balance Water
14.3.3 Cargill
14.3.4 Comexim
14.3.5 Conagra Foods
14.3.6 Dr Pepper
14.3.7 DSM
14.3.8 Eklo Water
14.3.9 Danone
14.3.10 Grupo Petrópolis
14.3.11 Coca Cola
14.3.12 Hint Water
14.3.13 Nestle
14.3.14 Suntory Beverage & Food
14.3.15 PepsiCo
