Global Fermented Non-Alcoholic Non-Dairy Beverages Market to Grow with a CAGR of 4.1% through 2028
The global fermented non-alcoholic
non-dairy beverages market is experiencing robust growth driven by health and
wellness trends, the plant-based revolution, and the ongoing flavor innovation
and diverse product offerings.
According to the TechSci Research
report, “Fermented Non-Alcoholic
Non-Dairy Beverages Market – Global Industry Size, Share, Trends, Competition,
Opportunity, and Forecast, 2018-2028F”, the Global Fermented
Non-Alcoholic Non-Dairy Beverages market stood at USD3.72 billion in 2022 and
is anticipated to grow with a CAGR of 4.1% in the forecast period, 2024-2028.
Fermented non-alcoholic non-dairy beverages have witnessed a surge in
popularity worldwide, reflecting shifting consumer preferences towards
healthier, plant-based alternatives to traditional dairy and sugary drinks.
This dynamic and evolving market has seen significant growth in recent years,
with various factors contributing to its expansion.
The global fermented non-alcoholic
non-dairy beverages market encompasses a wide range of products, including
kombucha, kefir, probiotic drinks, and various fermented plant-based beverages.
These products undergo a natural fermentation process, often involving bacteria
and yeast cultures, which imparts unique flavors, textures, and nutritional
benefits. The market's growth is driven by an increasing awareness of the
health benefits associated with fermented non-dairy options, as well as the
growing prevalence of lactose intolerance, dairy allergies, and the desire for
probiotic-rich choices.
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Consumer demand for healthier beverage
options has been a driving force in the market's growth. Fermented non-dairy
beverages are often perceived as more natural and better for gut health due to
their probiotic content, aligning with the broader health and wellness trend.
The rise of plant-based diets and
lifestyles, including veganism and vegetarianism, has contributed to the
popularity of fermented non-dairy beverages. These products cater to
individuals seeking plant-based alternatives to traditional dairy products.
Manufacturers are continually innovating
to offer a wide variety of flavors and formulations to cater to diverse
consumer preferences. Unique and exotic flavor profiles are gaining traction in
the market.
Many fermented non-dairy beverages are
marketed as functional beverages, emphasizing their health benefits beyond
basic hydration. These functions may include immune support, digestion
improvement, and energy enhancement.
Premium and artisanal fermented beverage
brands are gaining prominence, appealing to consumers willing to pay a premium
for high-quality and unique products. There is a growing emphasis on
sustainability within the industry, with manufacturers exploring
environmentally friendly packaging materials and sustainable sourcing of
ingredients.
The market is witnessing regional
variations in consumer preferences and tastes, leading to the development of
region-specific products and flavors.
The global fermented non-alcoholic
non-dairy beverages market is segmented based on product type, source, sales
channel, and region.
Based on the product type, the market is
segmented into dairy free drinkable yogurts, fermented soft drinks, fermented
juices, non-dairy kefir and others. Among these, dairy free drinkable yogurts
segment has a significant share in the global fermented non-alcoholic non-dairy
beverages market during the forecast period. Increasing consumer awareness of
lactose intolerance, dairy allergies, ethical concerns, and health-conscious
choices has driven the demand for dairy alternatives. Dairy-free drinkable
yogurts offer a compelling option for those seeking a plant-based alternative
that mimics the taste and texture of traditional dairy yogurt. The global
emphasis on health and wellness has led consumers to seek functional and
nutritious beverages. Dairy-free drinkable yogurts often contain probiotics,
vitamins, and minerals, making them attractive choices for individuals looking
to improve their digestive health and overall well-being.
Based on region, the market is segmented
into North America, Europe, Asia Pacific, Middle East & Africa, and South
America. Among these, the Asia Pacific region has a significant share of the
global fermented non-alcoholic non-dairy beverages market during the forecast
period. The Asia Pacific region has a rich cultural heritage of fermented foods
and beverages. Fermentation is deeply ingrained in the culinary traditions of
many countries in the region, such as South Korea, Japan, China, and India.
This cultural acceptance and familiarity with fermentation processes have
created a natural affinity for fermented non-dairy beverages. The Asia Pacific
region is known for its diverse consumer preferences and tastes. This diversity
has given rise to a wide variety of fermented non-alcoholic non-dairy
beverages, ranging from traditional offerings like Japanese amazake and Indian
lassi to innovative and fusion creations that cater to local palates.
Major companies operating in the global
fermented non-alcoholic non-dairy beverages market are:
- KeVita Inc.
- Millennium
Products Inc.
- Konings NV
- GT’S Living
Foods
- Lifeway Foods
Inc.
- General
Mills, Inc
- PepsiCo, Inc.
- DuPont de
Nemours, Inc.
- Danone S.A.
- AGM Foods PTY
Ltd.
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“The global fermented non-alcoholic
non-dairy beverages market is a dynamic and evolving industry driven by
health-conscious consumer preferences, dietary shifts toward plant-based
options, and a desire for flavorful and functional beverages. While facing
regulatory challenges and increasing competition, this market offers ample
opportunities for growth and innovation. As consumers continue to prioritize
their health and seek new and unique beverage experiences, the market is poised
to expand further and diversify in the coming years. Manufacturers,
entrepreneurs, and stakeholders in this industry must remain agile and
responsive to consumer trends to capitalize on these opportunities.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“Fermented Non-Alcoholic Non-Dairy Beverages
Market By Product Type (Dairy Free Drinkable Yogurts, Fermented Soft Drinks,
Fermented Juices, Non-Dairy Kefir and Others), By Source (Fruits, Vegetables,
Cereals, Others), By Sales Channel (Supermarkets/Hypermarkets, Convenience
Stores, Online, and Others), By Region, By Competition Forecast &
Opportunities, 2018-2028F, has evaluated the future
growth potential of the fermented non-alcoholic non-dairy beverages market
globally and provides statistics and information on market structure, size,
share, and future growth. The report provides cutting-edge market intelligence
and helps decision-makers to make sound investment decisions. Besides, the
report also identifies the emerging trends along with essential drivers,
challenges, and opportunities present in the market of fermented non-alcoholic
non-dairy beverages globally.
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