Latest News - Fermented Food And Drinks Market: Fermented alcoholic and non-alcoholic drinks are expected to lead the Product segment during 2024-2028

The Fermented Food And Drinks Market is being driven by Advances in packaging methods

The Fermented Food And Drinks Market is expected to grow at a CAGR of 6.78% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 845.3 billion. In the realm of health and wellness, fermented foods and drinks have emerged as a significant market trend, driven by their inherent probiotic properties. Probiotics, produced through the process of fermentation, offer a myriad of health benefits. Cultured dairy products, including yogurt, kefir, raw cheese, raw milk, and whey, not only provide essential vitamins and minerals but also contribute to maintaining a healthy gut microbiome. Similarly, vegetables such as cabbage, cucumber, beetroot, carrot, and pepper undergo lacto-fermentation, preserving their nutritional value while enhancing their probiotic content. The consumption of probiotics has been linked to improved immune system functioning, reducing the incidence of respiratory infections. Furthermore, incorporating probiotics into a child's diet can help reduce the risk of acquiring influenza and frequent sickness. With the increasing recognition of these benefits, healthcare professionals are advocating for the inclusion of probiotic-rich foods in daily diets. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Fermented alcoholic and non-alcoholic drinks
  • Fermented diary food and drinks
  • Fermented bakery food
  • Others
• Distribution Channel
  • Hypermarkets and supermarkets
  • Independent retailers and convenience store
  • Specialty food stores
  • Online retailers
• Geography
  • APAC
    • China
    • Japan
  • Europe
    • France
    • Germany
  • North America
    • US
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Advances in packaging methods
• Increasing marketing initiatives
• Various market strategies by vendors

However, the market also witnesses some limitations, which are as follows:

• Presence of substitute products
• Adverse weather conditions
• Stringent regulations and guidelines

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Market Scope in Fermented Food And Drinks Market Research Report

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Research Analysis Overview

The Fermented Food and Drinks Market has witnessed significant growth in recent years due to the increasing consumer interest in functional beverages as remedies for various health problems, including digestive disorders. One such popular functional beverages is Kombucha, a fermented tea that offers numerous health benefits. The fermentation process enhances the antioxidant activity and bioactive molecule content of these drinks, making them a desirable option for consumers seeking wellness and health. Innovations in the fermented food and drinks market continue to emerge, with a focus on improving taste, digestibility, nutritive value, and sensory attributes. The market also caters to consumer preferences for longer shelf life and weight management, with obesity prevention being a key driver. The fermentation procedure used in producing these foods and drinks can vary, with some offering unique culinary experiences. The nutritional content and texture of fermented foods and drinks also play a significant role in their appeal. Overall, the fermented food and drinks market is expected to continue growing as consumers seek natural remedies for health problems and a desire for healthier food and beverage options.

Market Research Overview

The Fermented Food and Drinks market encompasses vendors engaged in the production and packaging of minimally processed foods and meats, excluding those specializing in food processing equipment, alcoholic and non-alcoholic beverages, and mineral waters. According to Technavio, the market's size is determined by the consolidated revenue generated by these vendors. Key growth drivers include the health benefits linked to the consumption of minimally processed foods, such as vegetables, which are rich in essential nutrients including potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/