Fermented Non-dairy Non-alcoholic Beverages Market to Reach a Valuation of ~US$ 3.2 Bn by 2029

According to a new study by TMR, the sales of fermented non-dairy non-alcoholic beverages are expected to reach ~376,100 metric tons in 2019, and record a Y-o-Y growth of ~5% over 2019 to 2029. Growth of the fermented non-dairy non-alcoholic beverages market remains driven by a slew of factors, which range from increasing vegan population, rising number of lactose intolerant individuals, and rising number of smart consumers, owing to which, awareness about probiotics is increasing.

𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 -https://www.transparencymarketresearch.com/fermented-non-dairy-non-alcoholic-beverages-market.html

The idea of fermented non-dairy non-alcoholic beverages is quite niche, and had to be taken into consideration, as the number of people suffering from the adverse effects of consuming alcohol has increased, starting from drinking and driving, road accidents, to long-term health effects, even among the younger generation. Hence, an alternative to alcohol that is healthy and gives the same flavor is fermented non-dairy non-alcoholic beverages, which are also brewed in the same way as alcoholic drinks, and impart them the same taste too, but have zero alcohol content.

Fermented non-dairy non-alcoholic beverages are segmented into four product types, out of which, fermented soft drinks are expected to hold a prominent share of ~60% in 2019. This segment will be covering a major portion of consumers, mostly in the 18-24 age group.

fermented non dairy non alcoholic beverages market share

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=31439

Fermented Non-dairy Non-alcoholic Beverages Market: Preferential Inclination towards Non-dairy Products

Growing concerns about health and wellness have led to consumers changing their lifestyles and habits. These have transformed their food preferences as well. Due to this shift, the demand for non-dairy products has increased, as the side effects of consuming dairy products have a long history of problems associated with them. Out of them, obesity is the major cause behind various life-threatening diseases such as osteoarthritis, rheumatoid arthritis, and cardiovascular diseases.

The number of people suffering from lactose intolerance has been increasing year over year. According to the latest survey performed in 2018 by Office on Women Health, around 30 - 50 million Americans are lactose intolerant. In women, it increases the risk of osteoarthritis.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=31439

Nutritional Thrust through Innovative Ingredients Driving Demand

There has been increasing trust by the millennial population on fermented non-dairy non-alcoholic beverages, owing to their nutritional value and health benefits. Besides, millennials are also ready to spend more on good quality products. Moreover, manufacturers are investing huge amounts on research so as to launch innovative products in order to attract a range of consumers, in the process, enhancing their product portfolios. They are launching flavored products in various untapped fermented non-dairy non-alcoholic beverages markets, such as MEA, to enhance the sales of these beverages in such regions.

Fermented Non-dairy Non-alcoholic Beverages Market: Competitive Landscape

Some of the prominent players operating in the global fermented non-dairy non-alcoholic beverages market have been profiled in the study. Key players operating in the fermented non-dairy non-alcoholic beverages market are Thurella AG, KeVita, Inc, Good Karma Foods, Inc., Millennium Products Inc., Health-Ade Llc., Konings NV, Bionade GmbH, Reed's, Inc., and other fermented non-dairy non-alcoholic beverage players.

𝐈𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 | 𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/checkout.php?rep_id=31439<ype=S

Global Fermented Non-dairy Non-alcoholic Beverages Market: Segmentation

The global fermented non-dairy non-alcoholic beverages market has been segmented into product, sales channel, and region.

𝐆𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭:

Ginger Oil Market - https://icrowdnewswire.com/2022/11/24/ginger-oil-market-is-projected-to-rise-at-a-cagr-of-9-1-from-2020-to-2030/

APAC Pet Food Market - https://www.transparencymarketresearch.com/asia-pacific-pet-food-market.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

This release was published on openPR.