Home / Food & Beverage / Fermented Beverages Market By Raw Material Type (Raw Material Type, Grains, Fruit Juice, Vegetable), By Type (Alcoholic Beverages, Non-alcoholic Beverages) - Growth, Future Prospects And Competitive Analysis, 2016 - 2023

Fermented Beverages Market By Raw Material Type (Raw Material Type, Grains, Fruit Juice, Vegetable), By Type (Alcoholic Beverages, Non-alcoholic Beverages) - Growth, Future Prospects And Competitive Analysis, 2016 - 2023

Published: Jan 2017 | Report Code: 58304-01-17

Fermented beverages are beverages prepared with the process called fermentation. In this process, sugar is converted into acids, gases or alcohol. It occurs in yeast and bacteria and in some case of lactic acid fermentation it also occurs in oxygen-starved muscle cells. Global fermented beverages was valued at US$ 747.55 Bn in 2015, and is expected to reach US$ 1,061.05 Bn by 2023, expanding at a CAGR of 5.0% from 2016 to 2023.

Global fermented beverages are segmented on the basis of raw material such as grains, fruit juices, vegetables, and other raw materials. In 2015, grains was observed to be the largest application segment in global fermented beverages market and projected to maintain its dominance during the forecast period of 2016-2023. Rising demand for alcoholic drinks such as beer, wine and cider made up from various grains such as barley, rye, corn, sorghum, wheat, rice and millets is expected to fuel the growth of this segment over the forecast period. In terms of value, the grains segment stood at US$ 421.92 Bn with 56.44% market share in 2015. In 2016 to 2023, fruit juices raw material segment is expected to witness highest growth of 5.2% due to increasing consumer inclination towards healthy products.

On the basis of type global fermented beverages market is segmented as alcoholic beverage and non- alcoholic beverage. In 2015, alcoholic beverage was observed to be the largest segment by type in global fermented beverages market and projected to maintain its dominance during the forecast period of 2016-2023. Global fermented beverages market is segmented as per regions into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. In 2015, Asia Pacific was observed to be the largest market with over 37.20% revenue share in global fermented beverages. The segment is projected to grow at significant CAGR of 5.3% during the forecast period and expected to gain 80 basis points by 2023. Europe is the second largest market and expected to grow at the CAGR of 4.9% during the forecast period.

 Fermented Beverages Market

The report titled “Global Fermented Beverages Market - Growth, Future Prospects, and Competitive Analysis, 2016 – 2023” offers strategic insights into the global fermented beverages market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on raw material type, type and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2015 & 2023. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the fermented beverages industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global fermented beverages market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above mentioned factors.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Fermented Beverages Market Overview
2.2 Market Snapshot: Fermented Beverages
2.3 Global Fermented Beverages by Raw Material, 2015
2.4 Global Fermented beverages by Type, 2015
2.5 Global Fermented Beverages by Regions, 2015

Chapter 3 Global Fermented Beverages Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.1.1 Rapid growth in HNWI population
3.2.1.2 Growing Array of Products
3.2.2 Challenges
3.2.2.1 Stringent Regulations and Licensing Procedures
3.2.2.2 High Degree of Competition
3.2.3 Opportunities
3.2.3.1 Increasing medical benefits
3.2.3.2 Growing demand from Emerging Economies
3.3 Attractive Investment Proposition: Global Fermented Beverages Market
3.4 Market Positioning of Key Players

Chapter 4 Global Fermented Beverages Market, By Raw Material Type
4.1 Overview
4.1.1 Global Fermented Beverages Market Share by Raw Material Type, 2015 (Value %)
4.2 Raw Material Type
4.2.1 Global Fermented Beverage Market Revenue, by Raw Material type, 2013-2023 (US$ Bn)
4.2.2 Grains
4.2.2.1 Global Fermented Beverage Market Revenue, by Grains Raw Material type, 2013-2023 (US$ Bn)
4.2.3 Fruit Juice
4.2.3.1 Global Fermented Beverage Market Revenue, by Fruit Juice Raw Material type, 2013-2023 (US$ Bn)
4.2.4 Vegetable
4.2.4.1 Global Fermented Beverage Market Revenue, by Vegetable Raw Material type, 2013-2023 (US$ Bn)
4.2.5 Other Raw Material
4.2.5.1 Global Fermented Beverage Market Revenue, by Other Raw Material type, 2013-2023 (US$ Bn)

Chapter 5 Global Fermented Beverages Market, By Type
5.1 Overview
5.1.1 Global Fermented Beverage Market Revenue, by type, 2013-2023 (US$ Bn)
5.2 Alcoholic Beverages
5.2.1 Global Fermented Beverage Market Revenue, by Alcoholic Beverages, 2013-2023 (US$ Bn)
5.3 Non-alcoholic Beverages
5.3.1 Global Fermented Beverage Market Revenue, by Non-alcoholic Beverages, 2013-2023 (US$ Bn)

Chapter 6 Global Fermented Beverages Market, By Regions
6.1 Overview
6.1.1 Global Fermented Beverages Market Share by Regions, 2015 (Value %)
6.2 North America
6.2.1 North America Fermented Beverage Market Revenue, by Country, 2013-2023 (US$ Bn)
6.2.2 North America Fermented Beverage Market Revenue, by Raw Material type, 2013-2023 (US$ Bn)
6.2.2.1 North America Fermented Beverage Market Revenue, by Grains Raw Material type, 2013-2023 (US$ Bn)
6.2.2.2 North America Fermented Beverage Market Revenue, by Fruit Juice Raw Material type, 2013-2023 (US$ Bn)
6.2.2.3 North America Fermented Beverage Market Revenue, by Vegetable Raw Material type, 2013-2023 (US$ Bn)
6.2.2.4 North America Fermented Beverage Market Revenue, by Other Raw Material type, 2013-2023 (US$ Bn)
6.2.3 North America Fermented Beverage Market Revenue, by Type, 2013-2023 (US$ Bn)
6.2.3.1 North America Fermented Beverage Market Revenue, by Alcoholic Beverages, 2013-2023 (US$ Bn)
6.2.3.2 North America Fermented Beverage Market Revenue, by Non-alcoholic Beverages, 2013-2023 (US$ Bn)
6.3 Europe
6.3.1 Europe Fermented Beverage Market Revenue, by Country, 2013-2023 (US$ Bn)
6.3.2 Europe Fermented Beverage Market Revenue, by Raw Material Type, 2013-2023 (US$ Bn)
6.3.2.1 Europe Fermented Beverage Market Revenue, by Grains Raw Material type, 2013-2023 (US$ Bn)
6.3.2.2 Europe Fermented Beverage Market Revenue, by Fruit Juice Raw Material type, 2013-2023 (US$ Bn)
6.3.2.3 Europe Fermented Beverage Market Revenue, by Vegetable Raw Material type, 2013-2023 (US$ Bn)
6.3.2.4 Europe Fermented Beverage Market Revenue, by Other Raw Material type, 2013-2023 (US$ Bn)
6.3.3 Europe Fermented Beverage Market Revenue, by Type, 2013-2023 (US$ Bn)
6.3.3.1 Europe Fermented Beverage Market Revenue, by Alcoholic Beverages, 2013-2023 (US$ Bn)
6.3.3.2 Europe Fermented Beverage Market Revenue, by Non-alcoholic Beverages, 2013-2023 (US$ Bn)
6.4 Asia Pacific
6.4.1 Asia Pacific Fermented Beverage Market Revenue, by Country, 2013-2023 (US$ Bn)
6.4.2 Asia Pacific Fermented Beverage Market Revenue, by Raw Material type, 2013-2023 (US$ Bn)
6.4.2.1 Asia Pacific Fermented Beverage Market Revenue, by Grains Raw Material type, 2013-2023 (US$ Bn)
6.4.2.2 Asia Pacific Fermented Beverage Market Revenue, by Fruit Juice Raw Material type, 2013-2023 (US$ Bn)
6.4.2.3 Asia Pacific Fermented Beverage Market Revenue, by Vegetable Raw Material type, 2013-2023 (US$ Bn)
6.4.2.4 Asia Pacific Fermented Beverage Market Revenue, by Other Raw Material type, 2013-2023 (US$ Bn)
6.4.3 Asia Pacific Fermented Beverage Market Revenue, by Type, 2013-2023 (US$ Bn)
6.4.3.1 Asia Pacific Fermented Beverage Market Revenue, by Alcoholic Beverages, 2013-2023 (US$ Bn)
6.4.3.2 Asia Pacific Fermented Beverage Market Revenue, by Non-alcoholic Beverages, 2013-2023 (US$ Bn)
6.5 Latin America
6.5.1 Latin America Fermented Beverage Market Revenue, by Country, 2013-2023 (US$ Bn)
6.5.2 Latin America Fermented Beverage Market Revenue, by Raw Material type, 2013-2023 (US$ Bn)
6.5.2.1 Latin America Fermented Beverage Market Revenue, by Grains Raw Material type, 2013-2023 (US$ Bn)
6.5.2.2 Latin America Fermented Beverage Market Revenue, by Fruit Juice Raw Material type, 2013-2023 (US$ Bn)
6.5.2.3 Latin America Fermented Beverage Market Revenue, by Vegetable Raw Material type, 2013-2023 (US$ Bn)
6.5.2.4 Latin America Fermented Beverage Market Revenue, by Other Raw Material type, 2013-2023 (US$ Bn)
6.5.3 Latin America Fermented Beverage Market Revenue, by Type, 2013-2023 (US$ Bn)
6.5.3.1 Latin America Fermented Beverage Market Revenue, by Alcoholic Beverages, 2013-2023 (US$ Bn)
6.5.3.2 Latin America Fermented Beverage Market Revenue, by Non-alcoholic Beverages, 2013-2023 (US$ Bn)
6.6 Middle East & Africa
6.6.1 Middle East & Africa Fermented Beverage Market Revenue, by Raw Material type, 2013-2023 (US$ Bn)
6.6.1.1 Middle East & Africa Fermented Beverage Market Revenue, by Grains Raw Material type, 2013-2023 (US$ Bn)
6.6.1.2 Middle East & Africa Fermented Beverage Market Revenue, by Fruit Juice Raw Material type, 2013-2023 (US$ Bn)
6.6.1.3 Middle East & Africa Fermented Beverage Market Revenue, by Vegetable Raw Material type, 2013-2023 (US$ Bn)
6.6.1.4 Middle East & Africa Fermented Beverage Market Revenue, by Other Raw Material type, 2013-2023 (US$ Bn)
6.6.2 Middle East & Africa Fermented Beverage Market Revenue, by Type, 2013-2023 (US$ Bn)
6.6.2.1 Middle East & Africa Fermented Beverage Market Revenue, by Alcoholic Beverages, 2013-2023 (US$ Bn)
6.6.2.2 Middle East & Africa Fermented Beverage Market Revenue, by Non-alcoholic Beverages, 2013-2023 (US$ Bn)

7. Company Profiles

7.1. Hain Celestial Group
7.1.1. Business Description
7.1.2. Product Positions/Portfolio
7.1.3. Financial Overview
7.1.4. News Coverage
7.2. Kevita Inc.
7.3. Red Bull Inc.
7.4. Makana Beverages Inc.
7.5. The Coca Cola Company
7.6. Lifeway Foods Inc.
7.7. Groupe Danone
7.8. The Kefir Company
7.9. Nestle
7.10. Reed’s Inc.
7.11. Other notable Players

List Of Table :

TABLE 1 Market Snapshot: Fermented Beverages
TABLE 2 Global Fermented Beverage Market Revenue, by Raw Material type, 2013-2023 (US$ Bn)
TABLE 3 Global Fermented Beverage Market Revenue, by Grains Raw Material type, 2013-2023 (US$ Bn)
TABLE 4 Global Fermented Beverage Market Revenue, by Fruit Juice Raw Material type, 2013-2023 (US$ Bn)
TABLE 5 Global Fermented Beverage Market Revenue, by Vegetable Raw Material type, 2013-2023 (US$ Bn)
TABLE 6 Global Fermented Beverage Market Revenue, by Other Raw Material type, 2013-2023 (US$ Bn)
TABLE 7 Global Fermented Beverage Market Revenue, by type, 2013-2023 (US$ Bn)
TABLE 8 Global Fermented Beverage Market Revenue, by Alcoholic Beverages, 2013-2023 (US$ Bn)
TABLE 9 Global Fermented Beverage Market Revenue, by Non-alcoholic Beverages, 2013-2023 (US$ Bn)
TABLE 10 Global Fermented Beverage Market Revenue, by Country,2013-2023 (US$ Bn)
TABLE 11 North America Fermented Beverage Market Revenue, by Raw Material type, 2013-2023 (US$ Bn)
TABLE 12 North America Fermented Beverage Market Revenue, by Grains Raw Material type, 2013-2023 (US$ Bn)
TABLE 13 North America Fermented Beverage Market Revenue, by Fruit Juice Raw Material type, 2013-2023 (US$ Bn)
TABLE 14 North America Fermented Beverage Market Revenue, by Vegetable Raw Material type, 2013-2023 (US$ Bn)
TABLE 15 North America Fermented Beverage Market Revenue, by Other Raw Material type, 2013-2023 (US$ Bn)
TABLE 16 North America Fermented Beverage Market Revenue, by Type, 2013-2023 (US$ Bn)
TABLE 17 North America Fermented Beverage Market Revenue, by Alcoholic Beverages, 2013-2023 (US$ Bn)
TABLE 18 North America Fermented Beverage Market Revenue, by Non-alcoholic Beverages, 2013-2023 (US$ Bn)
TABLE 19 Europe Fermented Beverage Market Revenue, by Country, 2013-2023 (US$ Bn)
TABLE 20 Europe Fermented Beverage Market Revenue, by Raw Material Type, 2013-2023 (US$ Bn)
TABLE 21 Europe Fermented Beverage Market Revenue, by Grains Raw Material type, 2013-2023 (US$ Bn)
TABLE 22 Europe Fermented Beverage Market Revenue, by Fruit Juice Raw Material type, 2013-2023 (US$ Bn)
TABLE 23 Europe Fermented Beverage Market Revenue, by Vegetable Raw Material type, 2013-2023 (US$ Bn)
TABLE 24 Europe Fermented Beverage Market Revenue, by Other Raw Material type, 2013-2023 (US$ Bn)
TABLE 25 Europe Fermented Beverage Market Revenue, by Type, 2013-2023 (US$ Bn)
TABLE 26 Europe Fermented Beverage Market Revenue, by Alcoholic Beverages, 2013-2023 (US$ Bn)
TABLE 27 Europe Fermented Beverage Market Revenue, by Non-alcoholic Beverages, 2013-2023 (US$ Bn)
TABLE 28 Asia Pacific Fermented Beverage Market Revenue, by Country, 2013-2023 (US$ Bn)
TABLE 29 Asia Pacific Fermented Beverage Market Revenue, by Raw Material type, 2013-2023 (US$ Bn)
TABLE 30 Asia Pacific Fermented Beverage Market Revenue, by Grains Raw Material type, 2013-2023 (US$ Bn)
TABLE 31 Asia Pacific Fermented Beverage Market Revenue, by Fruit Juice Raw Material type, 2013-2023 (US$ Bn)
TABLE 32 Asia Pacific Fermented Beverage Market Revenue, by Vegetable Raw Material type, 2013-2023 (US$ Bn)
TABLE 33 Asia Pacific Fermented Beverage Market Revenue, by Other Raw Material type, 2013-2023 (US$ Bn)
TABLE 34 Asia Pacific Fermented Beverage Market Revenue, by Type, 2013-2023 (US$ Bn)
TABLE 35 Asia Pacific Fermented Beverage Market Revenue, by Alcoholic Beverages, 2013-2023 (US$ Bn)
TABLE 36 Asia Pacific Fermented Beverage Market Revenue, by Non-alcoholic Beverages, 2013-2023 (US$ Bn)
TABLE 37 Latin America Fermented Beverage Market Revenue, by Country, 2013-2023 (US$ Bn)
TABLE 38 Latin America Fermented Beverage Market Revenue, by Raw Material type, 2013-2023 (US$ Bn)
TABLE 39 Latin America Fermented Beverage Market Revenue, by Grains Raw Material type, 2013-2023 (US$ Bn)
TABLE 40 Latin America Fermented Beverage Market Revenue, by Fruit Juice Raw Material type, 2013-2023 (US$ Bn)
TABLE 41 Latin America Fermented Beverage Market Revenue, by Vegetable Raw Material type, 2013-2023 (US$ Bn)
TABLE 42 Latin America Fermented Beverage Market Revenue, by Other Raw Material type, 2013-2023 (US$ Bn)
TABLE 43 Latin America Fermented Beverage Market Revenue, by type, 2013-2023 (US$ Bn)
TABLE 44 Latin America Fermented Beverage Market Revenue, by Alcoholic Beverages, 2013-2023 (US$ Bn)
TABLE 45 Latin America Fermented Beverage Market Revenue, by Non-alcoholic Beverages, 2013-2023 (US$ Bn)
TABLE 46 Middle East & Africa Fermented Beverage Market Revenue, by Raw Material type, 2013-2023 (US$ Bn)
TABLE 47 Middle East & Africa Fermented Beverage Market Revenue, by Grains Raw Material type, 2013-2023 (US$ Bn)
TABLE 48 Middle East & Africa Fermented Beverage Market Revenue, by Fruit Juice Raw Material type, 2013-2023 (US$ Bn)
TABLE 49 Middle East & Africa Fermented Beverage Market Revenue, by Vegetable Raw Material type, 2013-2023 (US$ Bn)
TABLE 50 Middle East & Africa Fermented Beverage Market Revenue, by Other Raw Material type, 2013-2023 (US$ Bn)
TABLE 51 Middle East & Africa Fermented Beverage Market Revenue, by Type, 2013-2023 (US$ Bn)
TABLE 52 Middle East & Africa Fermented Beverage Market Revenue, by Alcoholic Beverages, 2013-2023 (US$ Bn)
TABLE 53 Middle East & Africa Fermented Beverage Market Revenue, by Non-alcoholic Beverages, 2013-2023 (US$ Bn)

List Of Figure :

FIG. 1 Global Fermented Beverages Market: Research Methodology
FIG. 2 Global Fermented Beverages by Raw Material (US$ Bn), 2015
FIG. 3 Global Fermented Beverages by Type (US$ Bn), 2015
FIG. 4 Global Fermented Beverages by Regions, 2015
FIG. 5 Attractive Investment Proposition: Global Fermented Beverages Market , By Type
FIG. 6 Market Positioning of Key Players
FIG. 7 Global Fermented Beverages Market Share by Raw Material Type, 2015 (Value %)
FIG. 8 Global Fermented Beverages Market Share by Regions, 2015 (Value %)

The global fermented beverages market can be categorized on the basis of raw material type as:

  • Grains
    • Barley
    • Rye
    • Corn
    • Sorghum
    • Wheat
    • Rice
    • Millet
  • Fruit juice
    • Grapes
    • Apples
    • Pears
    • Plums
    • Cherries
    • Pineapples
    • Bananas or plantains
    • Coconut
    • Others (Ginger, Pomegrenade and etc.)
  • Vegetables
    • Cassava
    • Ginger root juice
    • Potato
    • Sugarcane juice, or molasses
    • Others (Agave juice among etc.)
  • Other Raw Materials
    • Sap of Arenga pinnata, Coconut, Borassus flabellifer
    • Honey
    • Milk
    • Sugar

By raw material type the market is broadly segmented into four major categories such as grains, fruit juice, vegetables and other raw materials. In 2015, grains segment accounted for 56.44% share of the market and is projected to maintain its supremacy during the forecast period of 2016 to 2023. Grains such as barley, rye, corn, sorghum, wheat and rice are highly used in the production of fermented beverages such as beer, wine, kvass and boza among others. Fruit juice segment accounted for the second largest share of the market and projected to witness healthy growth in comparison to other segments. It is projected to grow at a CAGR of 5.2% from 2016 to 2023. Fermented drinks made from fruit juices offer a better alternative to strong alcohol drinks.

Vegetable segment is gaining momentum owing to rising demand for ginger beer and potato beer. Shift in trend towards well made, traditional and healthier products is propelling market growth. However, other raw materials segment is projected to witness below average growth rate during the forecast period of 2016 to 2023.

Fermented Beverages Market

The global fermented beverages market can be categorized on the basis of type as:

  • Alcoholic
    • Beer
    • Wine
    • Cider
  • Non-Alcoholic
    • Kombucha
    • Kefir
    • Others (sima, boza and etc.)

In Alcoholic beverages, beer and wine together accounted for more than 95.00% share of the market and projected to maintain their market hold over the next six years. Beer is likely one of the oldest beverages and is certainly the first form of alcohol. Made by the fermentation of starches – cereal grains, rice, corn, etc. accounted for more than 65.00% share of the market in 2015. Just as beer, wine is also made by fermenting starches. This fermentation process is what gives these beverages their alcohol content. Another very popular alcoholic drink cider is made by fermentation of apples. It is a gluten free alternative to strong alcohol drinks such as beer. Cider segment is projected to witness healthy growth in comparison to other alcoholic beverages over the next six years. Innovation in product packaging and health benefits associated with it are some of the major factors propelling the market growth for cider.

Fermented Beverages Market

In non-alcoholic beverages, kombucha accounted for 18.39% share of the market in 2015 and projected to witness fastest growth over the next six years. The market is witnessing growth owing to shift in consumer preferences towards healthy beverages coupled with rise in disposable income and changing lifestyle of individuals. Moreover, rising demand for fortified food and beverages products is another factor contributing towards the market growth. Kefir is gaining popularity owing to its functional benefits. The global kefir market is projected to grow at a CAGR of 11.4% from 2016 to 2023.  Due to the increased popularity of kefir, the market leader Lifeway Food Inc. launched a series of products ranging from flavored kefir and Greek-style kefir to organic kefir. Other segment which includes sima and boza is projected to witness substantial growth over the next six years. 

On the basis of geography, the global fermented beverages market is segmented as per following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa

In 2015, Asia Pacific accounted for the largest share in the fermented beverages market and is projected to grow at a healthy growth rate over the next six years. Changing lifestyles coupled with rise in disposable incomes, growing urbanization are some of the factors fueling the market growth. Demand from China, India, Vietnam and Australia among others is fueling the growth of the market in this region. For beer, China is by far the largest market, due to its extremely competitive nature is also highly fragmented.  Asia Pacific was followed by Europe, where demand from U.K. and Germany is boosting the market but growth is projected to be highest from countries in Eastern Europe.

Fermented Beverages Market

North America accounted for the third largest share but projected to grow at significant rate during the forecast period owing rise in demand for kombucha, kefir and beer. Globally, demand for kombucha and kefir is high in developed markets, especially in the U.S. and in some countries of Europe. Emerging economies will be experiencing a strong upsurge in the demand for non-alcoholic beverages in the future.

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