Global Fermented Drinks Market Size study & Forecast, by Type (Alcoholic Beverages, Non-alcoholic Beverages), by Distribution Channel (On-trade, Off-trade) and Regional Analysis, 2023-2030

PUBLISHED: November 15, 2023

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Global Fermented Drinks Market is valued at approximately USD 3.80 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.90% over the forecast period 2023-2030. Fermented drinks are delicious blends that contain ethanol, an alcohol type produced by fermenting grains, fruits, and other sugar sources. The market for fermented drinks is driven by the rising popularity of probiotic foods and drinks among consumers. However, issues with transportation services and low warehouse storage are causing significant losses to fruit and vegetable growers, which is hindering market growth. Fermentation is a natural process where yeast or bacteria combine with sugar to create alcohol and carbon dioxide. Beer, wine, and spirits are the most common fermented beverages.

The factor that drives the market such as the rising demand for probiotic drinks from health-conscious consumers. According to the International Food Council's 2021 Food and Health Survey found that 40% of shoppers consider plant-based food and beverages to be healthier. Fermented drinks have become more popular due to consumers' preference for optimal hydration and increased health consciousness. The market value is expected to grow in the forecasted period, driven by the increasing penetration of e-commerce platforms, especially in developing economies. The fermentation process not only improves the taste and aroma of dairy products but also extends their shelf life, in addition to their health benefits. However, the risk of contamination by non-desirable bacteria is a major hindrance to market growth during the forecast period from 2023 to 2030.

The key regions considered for the Global Fermented Drinks Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 due to increasing consumer preference for therapeutic products containing probiotic bacteria. Asia Pacific is expected to grow significantly over the forecast period, owing to factors such as increasing awareness of a healthy diet, technological development, media influence, and growing consumer demand. According to the Yakult Honsha Co. Ltd's Annual Report, it was clear that food and beverage sales, including the fermented milk drink Yakult, in Asia and the Oceanic region increased by 11.5% in 2021 compared to 2020. According to a report by Financial Express in 2020, India has 12 million retail outlets located in convenient spots near residential areas, making it easy for nearby residents to access products.

Major market player included in this report are:

PepsiCo Inc.
Yakult Honsha Co. Ltd
Nestle S.A.
Danone S.A.
Anheuser-Busch InBev SA/NV
Paine Schwartz Partners (Suja Life LLC)
Kerry Inc.
Boston Beer Company
Cosmos Food Co., Inc.
Lallemand Inc.

Recent Developments in the Market:

In March 2021, Superbrewed Food, launched a fermented microbial protein with dairy-free cheeses, introducing a new dimension to the dairy alternative market. The bacterial protein, consisting of dairy-free cheeses, could differentiate itself in the market with its unique microbial fermentation.
In August 2021, The Boston Beer Company and PepsiCo announced plans to collaborate and produce HARD MTN DEW alcoholic beverages, combining Boston Beer's expertise in alcoholic beverages with PepsiCo's iconic and beloved brand.
In June 2022, Danone North America launched the Activia+ multi-benefit probiotic yogurt drink, which includes billions of active and live probiotics to support gut health, in addition to being a good source of zinc and vitamins D and C.
In November 2022, Arla Foods Ingredients launched a fermented protein drink that uses 100% whey-based hydrolysates Lacprodan HYDRO.365 and Nutrilac FO-8571 to maximize fermented protein beverages. The whey-based solution enables the production of clear, high-protein fermented beverages by significantly reducing cloudiness and sedimentation.

Global Fermented Drinks Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Distribution Channel, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Alcoholic Beverages
Non-alcoholic Beverages

By Distribution Channel:

On-trade
Off-trade

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Fermented Drinks Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Fermented Drinks Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Fermented Drinks Market, by Distribution Channel, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Fermented Drinks Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Fermented Drinks Market Dynamics

3.1. Fermented Drinks Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing popularity of fermented drinks
  - 3.1.1.2. Shift in consumers diet pattern
- 3.1.2. Market Challenges
  - 3.1.2.1. Poor transportation and storage service
  - 3.1.2.2. Risk of contamination
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing penetration of e-commerce platforms
  - 3.1.3.2. Extended the shelf life of dairy products

Chapter 4. Global Fermented Drinks Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Fermented Drinks Market, by Type

5.1. Market Snapshot
5.2. Global Fermented Drinks Market by Type, Performance - Potential Analysis
5.3. Global Fermented Drinks Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Fermented Drinks Market, Sub Segment Analysis
- 5.4.1. Alcoholic Beverages
- 5.4.2. Non-alcoholic Beverages

Chapter 6. Global Fermented Drinks Market, by Distribution Channel

6.1. Market Snapshot
6.2. Global Fermented Drinks Market by Distribution Channel, Performance - Potential Analysis
6.3. Global Fermented Drinks Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
6.4. Fermented Drinks Market, Sub Segment Analysis
- 6.4.1. On-trade
- 6.4.2. Off-trade

Chapter 7. Global Fermented Drinks Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Fermented Drinks Market, Regional Market Snapshot
7.4. North America Fermented Drinks Market
- 7.4.1. U.S. Fermented Drinks Market
  - 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. Distribution Channel breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Fermented Drinks Market
7.5. Europe Fermented Drinks Market Snapshot
- 7.5.1. U.K. Fermented Drinks Market
- 7.5.2. Germany Fermented Drinks Market
- 7.5.3. France Fermented Drinks Market
- 7.5.4. Spain Fermented Drinks Market
- 7.5.5. Italy Fermented Drinks Market
- 7.5.6. Rest of Europe Fermented Drinks Market
7.6. Asia-Pacific Fermented Drinks Market Snapshot
- 7.6.1. China Fermented Drinks Market
- 7.6.2. India Fermented Drinks Market
- 7.6.3. Japan Fermented Drinks Market
- 7.6.4. Australia Fermented Drinks Market
- 7.6.5. South Korea Fermented Drinks Market
- 7.6.6. Rest of Asia Pacific Fermented Drinks Market
7.7. Latin America Fermented Drinks Market Snapshot
- 7.7.1. Brazil Fermented Drinks Market
- 7.7.2. Mexico Fermented Drinks Market
7.8. Middle East & Africa Fermented Drinks Market
- 7.8.1. Saudi Arabia Fermented Drinks Market
- 7.8.2. South Africa Fermented Drinks Market
- 7.8.3. Rest of Middle East & Africa Fermented Drinks Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. PepsiCo Inc.
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Yakult Honsha Co. Ltd
- 8.3.3. Nestle S.A.
- 8.3.4. Danone S.A.
- 8.3.5. Anheuser-Busch InBev SA/NV
- 8.3.6. Paine Schwartz Partners (Suja Life LLC)
- 8.3.7. Kerry Inc.
- 8.3.8. Boston Beer Company
- 8.3.9. Cosmos Food Co., Inc.
- 8.3.10. Lallemand Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Fermented Drinks Market, report scope
TABLE 2. Global Fermented Drinks Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Fermented Drinks Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Fermented Drinks Market estimates & forecasts by Distribution Channel 2020-2030 (USD Billion)
TABLE 5. Global Fermented Drinks Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Fermented Drinks Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Fermented Drinks Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Fermented Drinks Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Fermented Drinks Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Fermented Drinks Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Fermented Drinks Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Fermented Drinks Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Fermented Drinks Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Fermented Drinks Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Fermented Drinks Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Fermented Drinks Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Fermented Drinks Market
TABLE 70. List of primary sources, used in the study of global Fermented Drinks Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered