Global Fermented Non-Dairy Non-Alcoholic Beverages Market was valued US$ xxXX Mn in 2019 and is expected to grow US$ xxXX Mn by 2027, at a CAGR of xxXX% during the forecast period.
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Fermentation is a metabolic process that converts carbohydrates into acid, gases, or alcohol. In recent years, demand for non-dairy based non-alcoholic beverages has increased, because of the fluctuating of consumers towards vegan diets. Fermented non-dairy non-alcoholic beverages offer several nutritional values which are helpful for well-being.
Fermented beverages are naturally made from herbal infusions, fruit juices, green & black tea, soaked grains, etc. These drinks are mostly a good source of useful bacteria, probiotics, and yeasts, include probiotic beverages like kombucha, tepache, milk kefir, water kefir, beet kvass, and whey sodas. For example, in Feb 2018, Good Karma Foods had launched new ready-to-drink beverages, which contains nutrient-packed, low-sugar Flaxmilk Omega-3 + Protein plant. This product is augmented with vitamin A, vitamin D, calcium, and plant-based protein. The company had also launched it on the e-commerce website Amazon for the first-time and expected a selling growth of 45% year by year.
The growth of the global fermented non-dairy non-alcoholic beverages market is boosting due tobecause of the increasing demand for nutritious and healthy food. Similarly, rising buyer inclination for different flavors, effective distribution channels, increasing outlets for beverages are the factors enhancing the demand for the global fermented non-dairy non-alcoholic beverages market.
Producers of fermented non-dairy non-alcoholic beverages market are spending a massive amount on R&D to launch an advanced product. They are launching the product with flavors to invite customers. So, increasing the launch of the new product by the producer is the factor drivingforcing the growth of the market. But, to make these beverages sweeter, a good amount of sugar is being used, which can cause other health issues, like diabetes, high blood sugar. For example, Iin 2018, as stated by the investigation by the office on women’s health in America women are suffering from osteoarthritis, because of the consumption of lactose while about 30–50 million Americans are lactose intolerant. Thus, the number of people suffering from lactose intolerance has been increasing year over yet remains one of the restraints to the growth of the fermented non-dairy non-alcoholic beverages market.
By region, Region-wise, Asia Pacific is expected to hold the largest market share in the fermented non-dairy non-alcoholic beverages market, thanks to the high intake of soft drinks in China and other Asian countries. Conversely, North America is expected to grow at the highest CAGR in the forecast period (2019-2027), because of the increasing consciousness about the vigorous lifestyle among the consumers.
The objective of the report is to present a comprehensive analysis of the Global Fermented Non-Dairy Non-Alcoholic Beverages Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Fermented Non-Dairy Non-Alcoholic Beverages Market dynamics, structure by analyzing the market segments and project the Global Fermented Non-Dairy Non-Alcoholic Beverages Market size. Clear representation of competitive analysis of key players By Product Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Fermented Non-Dairy Non-Alcoholic Beverages Market make the report investor’s guide.
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Global Fermented Non-Dairy Non-Alcoholic Beverages Market, By Product Type
• Dairy Free Drinkable Yogurts
• Fermented Soft Drinks
• Fermented Juices
• Non-Dairy Kefir
Global Fermented Non-Dairy Non-Alcoholic Beverages Market, By Distribution Channel
• Retail stores
• Department store
• Super market
• Specialty store
Global Fermented Non-Dairy Non-Alcoholic Beverages Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Fermented Non-Dairy Non-Alcoholic Beverages Market
• Thurella AG
• Good Karma Foods Inc.
• Health-Ade LLC.
• KeVita Inc.
• Millennium Products Inc.
• Fentimans Ltd.
• Konings NV
• GT’S LIVING FOODS
• Lifeway Foods Inc.
• Bionade GmbH
• Reed’s, Inc.
• General Mills, Inc
• PepsiCo, Inc.
• China-Biotics Inc.
• Yakult Honsha Co. Ltd.
• Probi AB
• DuPont de Nemours, Inc.
• Chr. Hansen A/S
• Lifeway Foods
• Danone S.A.
• AGM Foods PTY Ltd.
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