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Published Date: 2017-10-05Number of Pages: 210

Fermented Non-Dairy Non-Alcoholic Beverages Market (Product Type – Dairy Free Drinkable Yogurts, Fermented Soft Drinks, Fermented Juices, and Non-Dairy Kefir; Sales Channel – Modern Trade, Specialty Stores, Convenience Stores, and Online Retailers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Global Fermented Non-Dairy Non-Alcoholic Beverages Market: Snapshot

The global fermented non-dairy non-alcoholic beverages market is rising steadily driven by a number of favorable factors. The rising acceptance of the notion that fermented non-dairy non-alcoholic beverages are beneficial for improving gut health is leading to their increasing adoption. Further, increasing shift to vegan diets due to religious restrictions or generally due to the belief that vegetarian diet helps to stay healthy in the long run is driving the adoption of fermented non-dairy non-alcoholic beverages.

However, factors such as product offerings from large beverage manufacturers is preventing regional drinks such as kvass and coconut kefir to penetrate in the global fermented non-dairy non-alcoholic beverages market. Further, low awareness about fermented non-dairy non-alcoholic beverages among individuals in developing countries is also restraining the market’s growth.

As per a report by Transparency Market Research (TMR), the global fermented non-dairy non-alcoholic beverages market is expected to be worth US$1,655.1 mn by the end of 2017. Expanding at 5.2% CAGR between 2017 and 2025, the global fermented non-dairy non-alcoholic beverages market is expected to be valued at US$2,483.8 mn by 2025-end.

global fermented non dairy non alcoholic beverages

Fermented Soft Drinks to Stay Attractive Product Segment in Forthcoming Years

The report studies the global fermented non-dairy non-alcoholic beverages market based on a few parameters, viz. product type, sales channel, and region. The segmentation of the worldwide fermented non-dairy non-alcoholic beverages market by product type could include dairy free drinkable yogurts, fermented juices, fermented soft drinks, and non-dairy kefir. Of them, fermented soft drinks is estimated to hold 59.7% of market share in the global fermented non-dairy non-alcoholic beverages market by 2017-end.

As per the sales channel classification, the market could be divided into modern trade, specialty stores, convenience stores, online retailers, and other retailing formats. Amongst all, the segment of specialty stores is anticipated to hold 25.7% of the market by the end of 2017.

The global fermented non-dairy non-alcoholic beverages market is also studied on the basis of region in this report. North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa have been considered as the key regional markets for fermented non-dairy non-alcoholic beverages across the world.

North America to Display Leading Growth Rate through 2025

Asia Pacific currently stands the leading regional market for fermented non-dairy non-alcoholic beverages market and is anticipated to lead the overall market in 2017. This is mainly because of high consumption of fermented soft drinks in China and other Asian countries. Vis-à-vis revenue, the region is anticipated to gain significant market share in the overall market by 2025 end.

North America, among all, is expected to display the leading CAGR of 5.9% between 2017 and 2025. This is attributed to high per capita disposable income and considerably high spending on foods that are associated with health benefits. Furthermore, vast investments on R&D from companies that are based in North America is boding well for the growth of this regional market.

The Middle East and Africa is a relatively new market for fermented non-dairy non-alcoholic beverages market. Leading players are seeking to enter countries in this region where fermented non-dairy beverages have low penetration. The presence of fewer key players and high cost of premium products account for the slow growth rate of this regional market.

Thurella AG, Good Karma Foods Inc., Health-Ade Llc, FENTIMANS, KeVita Inc., Millennium Products Inc., Konings NV, and GT’S LIVING FOODS are the key companies that operate in the global fermented non-dairy non-alcoholic beverages market.

Global Fermented Non-Dairy Non-Alcoholic Beverages Market: Overview

This report provides forecast and analysis of the global fermented non-dairy non-alcoholic beverages market. It provides historical data of 2016 along with estimated data of 2017, and forecast data up to 2025 in terms of revenue (US$ Mn). The report also includes macroeconomic indicators along with an outlook on fermented non-dairy non-alcoholic beverages for global market. It includes drivers and restraints of the global fermented non-dairy non-alcoholic beverages market and their impact on each region during the forecast period. The report also comprises the study of current issues with consumers and opportunities for fermented non-dairy non-alcoholic beverages products. It also includes value chain analysis.

In order to provide users of this report with comprehensive view of the market, we have included detailed competitiveness analysis and market key players and strategy overview. The dashboard provides detailed comparison of fermented non-dairy non-alcoholic beverages manufacturers on parameters such as total revenue, product offerings, and key strategy. The study encompasses market attractiveness analysis by diaper type and region.

Global Fermented Non-Dairy Non-Alcoholic Beverages Market: Market Segmentation

The report includes fermented non-dairy non-alcoholic beverages market company profiles and the revenue generated from the companies across North America, Latin America, Europe, APAC and MEA. By product type, the global fermented non-dairy non-alcoholic beverages market is segmented into as dairy free drinkable yogurts, fermented soft drinks, fermented juices, and non-dairy Kefir. By sales channel, the global fermented non-dairy non-alcoholic beverages market is segmented into modern trade, specialty stores, convenience stores, online retailers, and other retailing formats.

Global Fermented Non-Dairy Non-Alcoholic Beverages Market: Research Methodology

For the calculation of revenue collection of average regional prices were obtained through primary quotes from numerous fermented non-dairy non-alcoholic beverages manufacturers, retailers and distributors. All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Country demand patterns have been considered while estimating the market for various end users of fermented non-dairy non-alcoholic beverages in the different regions. Top-down approach has been used to estimate the fermented non-dairy non-alcoholic beverages market by countries. Global market numbers by product type has been derived using the bottom-up approach, which is cumulative of each country’s demand. Company-level market share has been derived on the basis of fermented non-dairy non-alcoholic beverages penetration. The market has been forecast based on constant currency rates.

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, and Hoover’s, and company annual reports and publications.

Global Fermented Non-Dairy Non-Alcoholic Beverages Market: Competitive Analysis

The report provides detailed competitive and company profiles of key participants operating in the global market. Some of the major companies operating in the Global Fermented non-dairy non-alcoholic beverages market are Thurella AG., KeVita, Inc., Good Karma Foods, Inc., Millennium Products Inc., Health-Ade Llc. and Konings NV., FENTIMANS, and GT’S LIVING FOODS.

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 Sales Channel

  • Modern Trade
  • Specialty Stores
  • Convenience Stores
  • Online Retailers
  • Other Retailing Formats

Global fermented non-dairy non-alcoholic Beverages market – By Region

  • North America
  • Latin America
  • Europe
  • APAC
  • MEA


 
 
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