Press release
Fermented Non-dairy Non-alcoholic Beverages Market To Boost Incredible Growth: 2019, Share Valuation and Industry Size
The Fermented Non-dairy Non-alcoholic Beverages market has seen rapid growth as consumers increasingly seek healthy, plant-based alternatives. Fermented drinks like kombucha, kefir, and probiotic-rich beverages are gaining popularity due to their health benefits, including improved gut health, digestion, and immune system support. This category excludes dairy and alcohol, focusing on fermentation from fruits, vegetables, and grains. The rising interest in veganism, lactose intolerance concerns, and demand for functional beverages are key drivers of market expansion.Market Size and Growth
The global market for fermented non-dairy non-alcoholic beverages was valued at approximately US$ 1.9 Bn in 2019 and is projected to grow at a compound annual growth rate (CAGR) of 5% from 2019 to 2029.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=31439
Market Segmentation
By Service Type:
Ready-to-drink beverages
Beverage concentrates
By Sourcing Type:
Organic ingredients
Conventional ingredients
By Application:
Functional beverages (health and wellness)
General consumption beverages
By Industry Vertical:
Food and beverage
Nutraceuticals
Pharmaceuticals
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Regional Analysis
North America: The largest market share is held by North America due to the high prevalence of health-conscious consumers and the growing popularity of vegan diets. The U.S. leads in product innovation, especially in kombucha and kefir.
Europe: Europe is a significant market with increasing adoption of plant-based diets and fermented beverages, particularly in Germany and the U.K. Consumers are gravitating towards products offering both health benefits and sustainability.
Asia Pacific: With its rich history of fermented foods and drinks, Asia Pacific has a growing market for non-dairy beverages, particularly in urban areas of Japan, China, and India where plant-based alternatives are rising in demand.
Latin America and Middle East & Africa: These regions are emerging markets, showing increasing demand due to improving economic conditions and growing consumer awareness of functional foods and beverages.
๐๐ฅ๐๐๐ ๐๐ง ๐๐ซ๐๐๐ซ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.transparencymarketresearch.com/checkout.php?rep_id=31439<ype=S
Market Drivers and Challenges
Drivers:
Increasing demand for plant-based and vegan beverages.
Rising consumer awareness of gut health and probiotics.
Growth in functional beverage consumption due to the health benefits of fermentation.
Development of clean-label and organic products that appeal to health-conscious buyers.
Challenges:
High production costs, particularly for organic ingredients.
Shorter shelf life compared to traditional non-fermented beverages.
Consumer skepticism towards unfamiliar fermented beverages in certain regions.
Market Trends
Rise of Functional Ingredients: Manufacturers are infusing beverages with additional functional ingredients like adaptogens, botanicals, and prebiotics to further enhance the health benefits of fermented drinks.
Sustainability and Eco-conscious Packaging: Companies are investing in sustainable packaging solutions, such as biodegradable bottles and eco-friendly cans, to appeal to environmentally aware consumers.
Growth in E-commerce Sales: With the rise of online retail platforms, sales of fermented beverages have surged as consumers seek easy access to niche products.
Competitive Landscape
The market is highly competitive, with key players focusing on innovation, product development, and expanding distribution networks. Major companies in the market include:
GT's Living Foods (leading in kombucha)
PepsiCo (via its Tropicana brand)
KeVita (a subsidiary of PepsiCo)
Hain Celestial Group
Brew Dr. Kombucha
These companies are investing in R&D to create new flavors and formulations while also targeting new geographical markets. Small-scale local players are also emerging, bringing artisanal and regional varieties of fermented beverages to the market.
Future Outlook
The Fermented Non-dairy Non-alcoholic Beverages market is set for significant expansion in the coming years, fueled by the ongoing consumer shift towards healthier lifestyles and plant-based diets. Innovations in fermentation techniques, combined with the development of new flavors and functional properties, will continue to drive market growth. Furthermore, regulatory changes favoring natural ingredients and health-promoting beverages will likely create more opportunities for growth.
Key Market Study Points
Understanding consumer preference shifts toward functional beverages.
Analyzing the impact of fermentation on the nutritional profile of non-dairy beverages.
Assessing the potential of emerging markets like Asia Pacific and Latin America.
Identifying trends in ingredient sourcing, especially organic and sustainable raw materials.
Browse More Reports by TMR:
๐๐๐ฅ๐ง๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ (ใฏใซใๅธๅ ด )- https://www.prnewswire.com/news-releases/walnut-market-size-is-projected-to-reach-usd-11-1-billion-at-a-4-3-cagr-by-2031---transparency-market-research-inc-302032434.html
๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐ ๐ฅ๐จ๐ฎ๐ซ ๐๐๐ซ๐ค๐๐ญ (Marchรฉ ร la farine fonctionnel) - https://www.prnewswire.com/news-releases/functional-flour-market-worth-usd-147-3-billion-by-2031--at-7-6-cagr---report-by-transparency-market-research-inc-302024373.html
About Us:
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.
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