Market Summary
Research Methodology on Fermented Drinks Market
Introduction
Fermented drinks are considered one of the oldest and most popular beverages across the world and are consumed for a variety of reasons from taste to health benefits. The wellness beverages industry has also been seeing an upward trend in the past years due to consumers' preferences for healthier options. Fermented drinks are a subcategory of the wellness and beverage industry and encompass a wide range of drinks such as kombucha, kefir, yoghurt, cider, and other probiotic beverages. In this research report, the development and growth of the global fermented drinks market are studied for the period from 2023 to 2030.
Research Methodology
The research methodology adopted for this report is a combination of primary and secondary research. The primary research includes interviews of key personnel from key organisations related to the global fermented drinks market, along with data extracted from reliable and authentic sources from public and private reports related to this market. The secondary research included desk research, which include secondary data gathered from various sources which included journals, published reports, and websites.
The research was conducted systematically to understand the top trends, drivers, and challenges in the market. A Porter’s Five Forces Framework has been used to analyze the market, and factors such as substitutability, rivalry, supplier and buyer roles, threats of new entrants and the threat of substitutes. This is a comprehensive report comprising industry data from established and emerging players in this market.
The other aim of this research study was to understand customer behaviour related to the market. Social media channels such as Facebook, Twitter, and Instagram were analysed to understand customer sentiment. Online surveys and questionnaires were conducted to gather insights from the target consumer segment. Furthermore, focus group sessions were conducted to gain a better understanding of the current consumer demand for various fermented drinks.
The research team conducted market segmentation to understand aspects such as applications, geography, and product types in the market. The segmentation process helped to understand customers’ preferences when it comes to fermented drinks and also helped to identify opportunities for market expansion and growth in different regions.
Estimates and forecasts for the global fermented drinks market have been made based on the value and volume of the market. The historical prices, gross margins, sales volume, revenue, supply and demand analysis, and SWOT analysis were considered while estimating the data for this market. The size and share of key markets were also estimated using top-down and bottom-up methodologies.
The market estimates and forecasts have been prepared considering the current market scenario and available data from both primary and secondary sources. All assumptions made while preparing the market estimates have been mentioned in the report. All data and information gathered, analyzed and presented in this report have been collected from reliable sources such as news articles, press releases, corporate filings, SEC filings, websites and other reliable sources.
Conclusion
The research process followed for this report was a systematic and thorough process that has enabled the gathering of comprehensive data and insights necessary for the growth of the global fermented drinks market, which has also been studied in-depth in the report. Furthermore, this report also helps provide an in-depth analysis of the global fermented drinks market and the competitive landscape of the market.
Market Size & Forecast
Report Attribute/Metric | Details |
Market Size 2023 | USD 4.13 billion |
Market Size 2024 | USD 4.37 billion |
Market Size 2032 | USD 6.533234518 billion |
Compound Annual Growth Rate (CAGR) | 5.14%(2024-2032) |
Base Year | 2023 |
Market Forecast Period | 2024-2032 |
Historical Data | 2019- 2021 |
Market Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Source, Type, Distribution Channel, and Region |
Geographies Covered | North America, Europe, AsiaPacific, and the Rest of the World |
Countries Covered | The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | Döhler (Germany), Sula Vineyards Pvt. Ltd (India), Caldwell Bio Fermentation Canada Inc. (Canada), KeVita, Inc. (California), Lifeway Foods, Inc. (the US), Nestlé S.A. (Switzerland), PepsiCo Inc. (the US), Heineken (Netherlands), The Kefir Company (New Zealand), Yakult Honsha Co., Ltd. (Japan), Puna Noni Naturals (the US), The Coca Cola Company (the US). |
Key Market Opportunities | Increasing technological improvement in the fermentation process. |
Key Market Dynamics | Increasing demand for cultured dairy products, Rising frequency of health issues, Rising innovations, and the launch of freshly enhanced goods |
Major Players
Market Segmentation
Fermented Drinks Source Outlook (USD Billion, 2018-2032)
- Fruits
- Vegetables
- Grains
- Milk
- Others
Fermented Drinks Type Outlook (USD Billion, 2018-2032)
- Alcoholic
- Non-alcoholic
Fermented Drinks Distribution Channel Outlook (USD Billion, 2018-2032)
- Store-Based
- Non-Store-Based
Fermented Drinks Regional Outlook (USD Billion, 2018-2032)
- North AmericaOutlook (USD Billion, 2018-2032)
- North America Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- North America Fermented Drinks by Type
- North America Fermented Drinks by Source
- Alcoholic
- Non-alcoholic
- North America Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- USOutlook (USD Billion, 2018-2032)
- US Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- US America Fermented Drinks by Type
- North America Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- US Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- CANADAOutlook (USD Billion, 2018-2032)
- CANADA Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- CANADA Fermented Drinks by Type
- US Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- CANADA Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- EuropeOutlook (USD Billion, 2018-2032)
- Europe Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- Europe Fermented Drinks by Type
- Europe Fermented Drinks by Source
- Alcoholic
- Non-alcoholic
- Europe Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- Europe Fermented Drinks by Type
- Europe Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- Germany Outlook (USD Billion, 2018-2032)
- Germany Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- Germany Fermented Drinks by Type
- Alcoholic
- Non-alcoholic
- Germany Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- FranceOutlook (USD Billion, 2018-2032)
- France Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- France Fermented Drinks by Type
- Germany Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- France Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- UKOutlook (USD Billion, 2018-2032)
- UK Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- UK Fermented Drinks by Type
- France Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- UK Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- ITALYOutlook (USD Billion, 2018-2032)
- ITALY Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- ITALY Fermented Drinks by Type
- UK Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- ITALY Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- SPAINOutlook (USD Billion, 2018-2032)
- Spain Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- Spain Fermented Drinks by Type
- ITALY Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- Spain Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- Rest Of EuropeOutlook (USD Billion, 2018-2032)
- Rest Of Europe Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- Rest Of Europe Fermented Drinks by Type
- Spain Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- REST OF EUROPE Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- Asia-PacificOutlook (USD Billion, 2018-2032)
- Asia-Pacific Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- Asia-Pacific Fermented Drinks by Type
- Asia-Pacific Fermented Drinks by Source
- Alcoholic
- Non-alcoholic
- Asia-Pacific Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- ChinaOutlook (USD Billion, 2018-2032)
- China Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- China Fermented Drinks by Type
- Asia-Pacific Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- China Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- JapanOutlook (USD Billion, 2018-2032)
- Japan Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- Japan Fermented Drinks by Type
- China Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- Japan Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- India Outlook (USD Billion, 2018-2032)
- India Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- India Fermented Drinks by Type
- Japan Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- India Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- AustraliaOutlook (USD Billion, 2018-2032)
- Australia Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- Australia Fermented Drinks by Type
- India Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- Australia Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- Rest of Asia-PacificOutlook (USD Billion, 2018-2032)
- Rest of Asia-Pacific Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- Rest of Asia-Pacific Fermented Drinks by Type
- Australia Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- Rest of Asia-Pacific Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- Rest of the WorldOutlook (USD Billion, 2018-2032)
- Rest of the World Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- Rest of the World Fermented Drinks by Type
- Rest of the World Fermented Drinks by Source
- Alcoholic
- Non-alcoholic
- Rest of the World Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- Middle EastOutlook (USD Billion, 2018-2032)
- Middle East Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- Middle East Fermented Drinks by Type
- Rest of the World Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- Middle East Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- AfricaOutlook (USD Billion, 2018-2032)
- Africa Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- Africa Fermented Drinks by Type
- Middle East Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- Africa Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- Latin AmericaOutlook (USD Billion, 2018-2032)
- Latin America Fermented Drinks by Source
- Fruits
- Vegetables
- Grains
- Others
- Latin America Fermented Drinks by Type
- Africa Fermented Drinks by Distribution Channel
- Alcoholic
- Non-alcoholic
- Latin America Fermented Drinks by Distribution Channel
- Store-Based
- Non-Store-Based
- Latin America Fermented Drinks by Distribution Channel
- Rest of Asia-Pacific Fermented Drinks by Distribution Channel
- REST OF EUROPE Fermented Drinks by Distribution Channel
- CANADA Fermented Drinks by Distribution Channel
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