Fermented Beverages Market Scope
Fermented beverages are complex solutions of chemical compounds originating from the fruit, vegetables, grains, and others. The fermented beverage market has high growth prospects owing to changing lifestyle standards and a rise in disposable income. Further, technological advancement in the fermentation techniques, increasing demand for alcoholic beverages, and rising demand from developing economies expected to drive the demand for fermented beverages market over the forecasted period.
The market study is being classified by Type (Alcoholic Fermented Beverages and Non-Alcoholic Fermented Beverages) and major geographies with country level break-up. According to AMA, the Global Fermented Beverages market is expected to see growth rate of 6.12%
Market players are focusing on partnerships, collaborations, and new product launches in order to increase their offerings in the fermented beverages market. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product offerings. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Fermented Beverages market throughout the predicted period.
Döhler (Germany), Sula Vineyards Pvt. Ltd (India), Puna Noni Naturals (United States), Caldwell Bio Fermentation Canada Inc. (Canada), KeVita, Inc. (California), Lifeway Foods, Inc. (United States), Nestlé S.A. (Switzerland), The Kefir Company (New Zealand) and Yakult Honsha Co., Ltd. (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are The Coca Cola Company (United States) and Groupe Danone (France).
AdvanceMarketAnalytics has segmented the market of Global Fermented Beverages market by Type, Application and Region.
On the basis of geography, the market of Fermented Beverages has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Raw Material, the sub-segment i.e. Grains will boost the Fermented Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel , the sub-segment i.e. Distribution Channel will boost the Fermented Beverages market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
“According to the FSS Act 2006, Alcoholic Beverages come under the definition of food and so the FSSAI has framed and notified the Food Safety and Standards (Alcoholic Beverages Standards) Regulation, 2018. These regulations are specifying the standards for the following Alcoholic beverages. Distilled alcoholic beverage (brandy, country liquor, gin, rum, vodka and whisky, liquors or alcoholic cordial) wines, and beer. Moreover, these regulations have also specified labeling requirements for alcoholic beverages which are in addition to the labeling requirements of Food Safety and Standards (Packaging and Labelling) Regulations, 2011. The specific labeling requirements are as follows are a declaration of alcohol content, labeling of a standard drink, not to contain any nutritional information, no health claim restriction on words non-intoxicating, labeling of wine, allergen warning, and statutory warning.”
- Technological Advancement in the Production Process of Fermented Beverages
- Growing Investment in Food & Beverages Industry
- Growing Demand for Alcoholic Beverages
- Rising Awareness about Advantages of Fermented Beverages
- Increasing Demand for Functional Beverages
- Rising Demand from the Developing Economies
- Stringent Government Regulations Regarding Fermented Beverages
- Lack of Awareness in the Emerging Economies
Key Target AudienceFermented Beverages Manufacturers, Fermented Beverages Distributors, Research and Development Institutes, Potential Investors, Raw Material Suppliers, Trade Associations and Industry Bodies, Research Organizations, and Consulting Firms and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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