According to a new study by TMR, sales of fermented non-dairy non-alcoholic beverages are expected to reach ~376,100 metric tons in 2019, and record a YoY growth of ~5% over 2019 to 2029. Growth of the fermented non- Dairy non-alcoholic beverages market remains driven by a slew of factors, which range from increasing vegan population, rising number of lactose intolerant individuals, and rising number of smart consumers, owed to which, awareness about probiotics is increasing.
𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 –https://www.transparencymarketresearch.com/fermented-non-dairy-non-alcoholic-beverages-market.html
The idea of fermented non-dairy non-alcoholic beverages is quite niche, and had to be taken into consideration, as the number of people suffering from the adverse effects of alcohol consumption has increased, starting from drinking and driving, road accidents, to long term health effects, even among the younger generation. Hence, an alternative to alcohol that is healthy and gives the same flavor is fermented non-dairy non-alcoholic drinks, which are also brewed in the same way as alcoholic drinks, imparting them the same taste too, but having zero alcohol content.
Fermented non-dairy non-alcoholic beverages are segmented into four product types, out of which, fermented soft drinks are expected to hold a prominent share of ~60% in 2019. This segment will be covering a major portion of consumers, mostly in the 18-24 age group.
fermented non dairy non alcoholic beverages market share
𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=31439
Fermented Non-dairy Non-alcoholic Beverages Market: Preferential Inclination towards Non-dairy Products
Growing concerns about health and wellness have led consumers to change their lifestyles and habits. These have transformed their food preferences as well. Due to this shift, the demand for non-dairy products has increased, as the side effects of consuming dairy products have a long history of problems associated with them. Out of them, obesity is the major cause behind various life-threatening diseases such as osteoarthritis, rheumatoid arthritis, and cardiovascular diseases.
The number of people suffering from lactose intolerance has been increasing year over year. According to the latest survey conducted in 2018 by the Office on Women’s Health, around 30 – 50 million Americans are lactose intolerant. In women, it increases the risk of osteoarthritis.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 –https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=31439
Nutritional Thrust through Innovative Ingredients Driving Demand
There has been increasing trust by the millennial population on fermented non-dairy non-alcoholic beverages, owing to their nutritional value and health benefits. Besides, millennials are also ready to spend more on good quality products. Moreover, manufacturers are investing huge amounts on research so as to launch innovative products in order to attract a range of consumers, in the process, enhancing their product portfolios. They are launching flavored products in various untapped fermented non-dairy non-alcoholic beverages markets, such as MEA, to enhance the sales of these beverages in such regions.
Fermented Non-dairy Non-alcoholic Beverages Market: Competitive Landscape
Some of the prominent players operating in the global fermented non-dairy non-alcoholic beverages market have been profiled in the study. Key players operating in the fermented non-dairy non-alcoholic beverages market are Thurella AG, KeVita, Inc., Good Karma Foods, Inc., Millennium Products Inc., Health-Ade Llc., Konings NV, Bionade GmbH, Reed’s, Inc. , and other fermented non-dairy non-alcoholic beverage players.
Global Fermented Non-dairy Non-alcoholic Beverages Market: Segmentation
The global fermented non-dairy non-alcoholic beverages market has been segmented into product, sales channel, and region.
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