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

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

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
Nestlé 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


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

Companies Mentioned
PepsiCo Inc.
Yakult Honsha Co. Ltd
Nestlé 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.

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