December 2, 2022

The growing popularity of fermented drinks can have a tremendous impact on the market, states Fortune Business Insights, in a report, titled “Fermented Food and Drinks Market Size, Share & Industry Analysis, By Type (Fermented Beverages, [Non-alcoholic, Alcoholic], Fermented Foods, [Vegetables, Dairy Products, Meat] Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, Others)and Regional Forecast, 2022-2029.” The growing number of health-conscious consumers are expected to foster the healthy growth of the market.

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The report on the fermented food and drinks market features:

  • Exceptional insights into the market
  • All-inclusive facts and figures
  • Latest industry development
  • Data about the prominent players
  • Dominating regions in the market
  • COVID-19 Effect

Fortune Business Insights™ lists out all the fermented food and drinks market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:

  • DuPont de Numerous Inc.
  • PepsiCo Inc.
  • Yakult Honsha Co. Ltd.
  • Kerry Inc.
  • Nestle S.A.
  • Lallemand Inc.
  • Constellation Brands Inc.
  • Danone
  • Fonterra Co-operative Group
  • Cosmos Food Co.

Key Players Assessment in this Research:

  • The report offers detailed analysis of leading companies in the market across the globe.
  • It provides details of the major vendors involved in this market
  • A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and the manufactured products is incorporated in the report.
  • The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
  • The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.

Report Aim & Scope:

  • An overview of the market based on geographical scope, segmentation and financial performance of key players is presented in the report.
  • The report presents the estimated market size by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
  • Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
  • The report presents current trends in the industry and future scope of the market in North America, Asia Pacific, Europe, Latin America and Europe.
  • The various parameters accelerating the growth of the market are incorporated in the research report.
  • The report analyzes growth rate, market size and valuation of the market during the forecast period.

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Market Driver:

Introduction of New Kefir Culture to Stimulate Growth

The introduction of innovative products by prominent companies can have an outstanding effect on the market during the forecast period. For instance, in August 2018, DuPont de Numerous Inc. announced the launch of new kefir culture in the South American market. The new kefir culture ‘Choozit’ is based on the real freeze-dried kefir grains. The growing awareness about the benefits of fermented foods such as vegetables, meat, and dairy products is expected to promote the growth of the market. Moreover, the increasing health consciousness among populations is expected to aid the expansion of the market. Fermented food and drinks are rich sources of probiotics, offering several health benefits such as boosting immunity, improving gut health, weight management, preventing obesity, and others. Furthermore, fermentation not only provides fermented products an exclusive sensory attributes but also improves the nutritive value and digestibility of foods. The fermentation of the food and drinks improves the flavor and taste of the product.

However,  the risk of contamination by non-desirable microbes results in adverse effects and toxicity, which, in turn, is expected to hamper the growth of the market.

Increasing R&D by Key Players to Reinforce Market

The key players operating in the market are focused on R&D and base expansions to increase their prominence in the market. For instance, in June 2018, Evolve Biosystems, Inc., announced the expansion of its Evolve’s infant probiotics product, Evivo, in the U.S. market and worldwide. The company received the funding of USD 40 Mn from the Bill and Melinda Gates Foundation and Horizons Ventures for the expansion of accessibility. Moreover, The increasing product launch by eminent companies can further bolster the healthy growth of the market in the forthcoming years. For instance, in October 2019, Bottlebrush Ferments, a London-based company expanded its product portfolio with the launch of new kimchi containing probiotics and gut-friendly enzymes to benefit the gut microflora.

The Global Fermented Food and Drinks Market Research/Analysis Report Contains Answers to your following Questions:

  • Which Manufacturing Technology is used for Fermented Food and Drinks? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Fermented Food and Drinks Market? What are Their Company Profile, Their Product Information, and Contact Information?
  • What Was Global Market Status of Fermented Food and Drinks Market? What Was Capacity, Production Value, Cost and PROFIT of Fermented Food and Drinks Market?
  • What Is Current Market Status of Fermented Food and Drinks Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Fermented Food and Drinks Market Trends by Taking Applications and Types in Consideration?
  • What Are Projections of Global Fermented Food and Drinks Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • What Is Fermented Food and Drinks Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Fermented Food and Drinks Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Fermented Food and Drinks Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Fermented Food and Drinks Industry?

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Regional Analysis:

Increasing Vegetarian Population to Aid Expansion in North America

North America is expected to experience considerable growth owing to the increasing vegetarian population. The high consumption of probiotic-rich food can improve the prospects of the market in the region. The increasing product availability owing to the presence of prominent market players such as DuPont de Numerous Inc., PepsiCo Inc. can have an outstanding impact on the market in North America. The increasing product availability coupled with collaborations among key players can contribute significantly to the growth of the market. For instance, in October 2016, PepsiCo Inc. announced the complete acquisition of KeVita, a probiotic drink producer, and distributor. This acquisition will help PepsiCo to increase its footprint in the ferment drink market. The market in Asia Pacific is expected to rise tremendously owing to the leading producers of different kinds of fermented foods such as kimchi, tempeh, and others in China and South Korea. The consumer demand for healthy food products is expected to further promote the market in Asia Pacific.

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