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Fermented drinks are made up from fermentation of various natural crops and products- honey, grapes, apple, other fruits, chocolate, syrups, wheat, maize, millet, exotic plant, palm tree raisins etc. Fermented drinks are segmented into alcoholic and non-alcoholic. Alcoholic include beer, cider, and perry, 4–6% alcohol by volume; wines, 9–13% alcohol; spirits (e.g. brandy, gin, rum, vodka, whisky) made by distilling fermented liquor, 38–45% alcohol; liqueurs made from distilled spirits, sweetened and flavoured, 20–40% alcohol; and fortified wines. Fermented probiotic drinks are dark Tea, basi, kvass, kefir, toddy, makgeolli (Makkoli), huangjiu.etc.
One of the major factor for Fermented Drinks Market to grow is change in lifestyle and increase in population of people. People are now moving towards non-alcoholic fermented beverages due to increased health consciousness. Many companies are coming up with innovations in products to attract the customers which has significantly increased the product market. Health promoting characteristics of the product have also led to an increased consumption. Fermented beverages have occupied a significant portion within the functional food market. However, the health claims associated with the fermented beverages need to be verified which could be a hindrance for the industry.
Fermented drinks are rich in probiotic bacteria so by consuming fermented drinks you are adding beneficial bacteria and enzymes to your overall intestinal flora, increasing the health of your gut microbiome and digestive system and enhancing the immune system.it improves Digestion and absorption, Synthesis and availability of nutrients, Immune functions, Phytic Acid, Mood and behaviour.
Geographically, the product market can be divided into five regions viz., North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). North America has contributed major share in the global market, followed by Europe. Asia Pacific has growing economies that are forecasted to boost the market growth in the region. Change in lifestyle and growing population has led to a substantial growth of the industry in Asia Pacific.
Fermented drinks Market : Product Types
Fermented drinks Market : Application/ End User
Fermented drinks Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Malt Flour Market:
Geographical analysis of Fermented drinks Market includes :
Global Fermented Drinks Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 4196.63 million |
Forecast Value (2031) |
USD 6521.51 million |
CAGR (2025-2030) |
6.5 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Fermented Drinks Market was valued at around USD 4196.63 million in 2023 & estimated to reach USD 6521.51 million by 2030.
Fermented Drinks Market is likely to grow at Compound Annual Growth Rate (CAGR) of 6.5% between 2024 to 2030.
Fermented Drinks Market is dominated by the Alcoholic Beverages segment and the North America region holds the highest market share in 2023.
Some of the top key players in the Fermented Drinks Market are Hain Celestial Group,Kevita Inc.,Red Bull Inc.,Makana Beverages Inc.,The Coca Cola Company,Lifeway Foods Inc.,Groupe Danone,The Kefir Company,Nestle,Reed?s Inc.
Primary driving factors for the growth of the Fermented Drinks Market include People are now moving towards non-alcoholic fermented beverages due to increased health consciousness.
Yes, the report includes COVID 19 impact on the market.
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