Global Fermented Non Dairy Non Alcoholic Beverages Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 3.59 Billion |
Market Size (Forecast Year) |
USD 4.91 Billion |
CAGR |
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Major Markets Players |
Global Fermented Non-Dairy Non-Alcoholic Beverages Market, By Source (Fruits, Vegetables, Cereals, and Others), Type (Dairy Free, Drinkable Yogurts, Fermented Soft Drinks, Fermented Juices, and Non-Dairy Kefir), Distribution Channel (Retail Stores, Department Store, Super Market, Hypermarket, Specialty Store, and E-commerce) – Industry Trends and Forecast to 2031.
Fermented Non-Dairy Non-Alcoholic Beverages Market Analysis and Size
The fermented non-dairy non-alcoholic beverages market is witnessing remarkable growth driven by advancements in production methods and technology. Innovations such as plant-based fermentation and probiotic enhancement are reshaping the sector. Consumer demand for healthier alternatives and sustainable practices also fuel this trend. With the latest methods, these beverages offer unique flavors and nutritional benefits, positioning them as key players in the beverage industry's evolution.
The global fermented non-dairy non-alcoholic beverages market size was valued at USD 3.59 billion in 2023, is projected to reach USD 4.91 billion by 2031, with a CAGR of 4.0% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2024 to 2031 |
Base Year |
2023 |
Historic Years |
2022 (Customizable to 2016 - 2021) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Source (Fruits, Vegetables, Cereals, and Others), Type (Dairy Free, Drinkable Yogurts, Fermented Soft Drinks, Fermented Juices, and Non-Dairy Kefir), Distribution Channel (Retail Stores, Department Store, Super Market, Hypermarket, Specialty Store, and E-commerce) |
Countries Covered |
U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA) |
Market Players Covered |
Good Karma Foods (U.S.), Health-Ade LLC (U.S.), Konings (Belgium), Fentimans (U.K.), Lifeway Foods, Inc. (U.S.), GT's Living Foods (U.S.), Chr. Hansen Holding A/S (Denmark), Probi (Sweden), ORIKA (South Korea), DuPont (U.S.), Yakult Honsha Co., Ltd. (Japan), General Mills Inc. (U.S.), and A.G.M. Foods Pty. Ltd. (Australia) |
Market Opportunities |
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Market Definition
Fermented non-dairy non-alcoholic beverages are a diverse category of drinks crafted through fermentation of non-animal-derived ingredients, such as fruits, vegetables, or grains. Examples include kombucha, made from fermented tea, water kefir from sugar water, and coconut water kefir. These beverages offer probiotic benefits, a tangy taste profile, and are popular choices for those seeking alternatives to dairy or alcohol.
Fermented Non-Dairy Non-Alcoholic Beverages Market Dynamics
Drivers
- Rise in Veganism and Plant-Based Diets
The surge in veganism and plant-based diets has propelled the demand for non-dairy beverage alternatives. Fermented options such as coconut milk or almond milk kefir resonate with this demographic seeking nutritious, cruelty-free choices. This trend has prompted manufacturers to innovate and offer diverse plant-based options, driving growth in the fermented non-dairy beverage market. As more consumers prioritize ethical and sustainable food choices, the market for these products continues to expand rapidly.
- Lactose Intolerance and Dairy Allergies
The rising prevalence of lactose intolerance and dairy allergies has spurred demand for non-dairy beverages. Fermented non-dairy options, such as coconut milk kefir and almond milk yogurt, offer flavorful and nutritious alternatives for individuals avoiding dairy. This trend has fueled market growth as consumers seek satisfying beverages that cater to their dietary needs without compromising taste or nutrition.
Opportunities
- Retail Expansion and Distribution Channels
The retail expansion and diversified distribution channels for fermented non-dairy beverages have catalyzed market growth, enhancing consumer accessibility and convenience. Major supermarket chains now prominently feature a wide array of options, from kombucha to coconut milk kefir, alongside traditional dairy products. Specialty health food stores offer curated selections catering to niche preferences, while online platforms facilitate direct-to-consumer sales, ensuring a seamless purchasing experience for health-conscious consumers worldwide.
- Innovative Product Offerings
The continuous introduction of new and innovative fermented non-dairy beverage options, catering to diverse preferences, is driving market growth. For instance, companies are offering a wide range of flavors such as mango, turmeric, and matcha, using alternative ingredients such as oat milk, hemp milk, and pea protein. Additionally, creative packaging formats such as eco-friendly pouches and recyclable bottles enhance consumer appeal, contributing to the expansion of the market.
Restraints/Challenges
- Limited Shelf Life
Limited shelf life poses a significant hurdle for fermented non-dairy non-alcoholic beverages, necessitating efficient distribution channels and logistics to minimize waste. This challenge restricts market growth by increasing costs and reducing profitability, as manufacturers must contend with product spoilage and expiration issues.
- Supply Chain Issues
Supply chain issues, particularly in sourcing non-dairy alternatives consistently, hinder the fermented non-dairy non-alcoholic beverages market. Maintaining quality ingredients throughout the year poses challenges, impacting product availability and reliability. This instability undermines consumer trust and limits market growth potential.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In 2021, an investigation by the Office on Women's Health in America revealed a correlation between osteoarthritis in women and lactose consumption, despite 30–50 million Americans being lactose intolerant
- In 2021, Good Karma Foods debuted nutrient-rich, low-sugar Flaxmilk Omega-3 + Protein ready-to-drink beverages, fortified with vitamin A, vitamin D, calcium, and plant-based protein. The product's launch on Amazon marked a strategic move, anticipating a 45% annual sales growth
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Fermented Non-Dairy Non-Alcoholic Beverages Market Scope
The market is segmented on the basis of source, type and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Fruits
- Vegetables
- Cereals
- Others
Type
- Dairy Free
- Drinkable Yogurts
- Fermented Soft Drinks
- Fermented Juices
- Non-Dairy Kefir
Distribution Channel
- Retail Stores
- Department Store
- Super Market
- Hypermarket
- Specialty Store
- E-commerce
Fermented Non-Dairy Non-Alcoholic Beverages Market Regional Analysis/Insights
The market is analysed and market size insights and trends are provided by country, source, type and distribution channel as referenced above.
The countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Middle East and Africa is expected to show significant growth in the fermented non-dairy non-alcoholic beverages market. This growth trajectory is attributed to escalating demand and increasing disposable income, signaling a promising forecast period fueled by evolving consumer preferences and expanding market opportunities.
Asia Pacific is expected to dominate the fermented non-dairy non-alcoholic beverages market, propelled by high beverage consumption rates. This region's preference for fermented non-dairy options fuels market growth, reflecting a shift towards healthier alternatives and driving innovation in the non-alcoholic beverage sector.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Fermented Non-Dairy Non-Alcoholic Beverages Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- Good Karma Foods (U.S.)
- Health-Ade LLC (U.S.)
- Konings (Belgium)
- Fentimans (U.K.)
- Lifeway Foods, Inc. (U.S.)
- GT's Living Foods (U.S.)
- Chr. Hansen Holding A/S (Denmark)
- Probi (Sweden)
- ORIKA (South Korea)
- DuPont (U.S.)
- Yakult Honsha Co., Ltd. (Japan)
- General Mills Inc. (U.S.)
- A.G.M. Foods Pty. Ltd. (Australia)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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