The fermented food and beverage market is estimated to be worth US$ 575.6 billion in 2024 and is projected to be valued at US$ 1.25 trillion in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 8.10%.
Increasing consumer demand for fermented products for their probiotic benefits and digestive health support. This trend is driving demand for a wide range of fermented foods and beverages, including kombucha, kimchi, kefir, and fermented dairy products
Increasing application of fermented foods and beverages in bakeries & confectionery, dairy products, alcoholic beverages, non-alcoholic beverages, infant formula, dietary supplements, etc will continue to boost the growth of the fermented foods and beverages market during the forecast period.
Get Your Sample Report Now! https://www.futuremarketinsights.com/reports/sample/rep-gb-15280
As customers become more conscious of environmental issues, they are favoring fermented foods that are packed and produced sustainably. In response, companies are giving environmental practices top priority during the production and delivery phases, utilizing ideas like upcycling and packaging that produces no waste.
Fermented foods are being enhanced with functional ingredients to address certain health issues like immune support, gut health, and mental wellness, in addition to the benefits of traditional probiotics.
The potential uses for fermented foods and beverages are growing, and this trend is propelling product innovation in both directions. The market for fermented food and beverages is expanding rapidly due to customer demand for natural, organic, and sustainable food and drink options.
Key Takeaways
- From 2019 to 2023, the fermented food and beverage market expanded at a CAGR of 7.5%.
- Based on ingredient type, the probiotics segment is expected to have a market share of 31.3% in 2024.
- The demand for fermented food and beverages in China is predicted to grow at a CAGR of 5.9% through 2034.
- In the United States, the fermented food and beverage industry is estimated to register a CAGR of 4.7% from 2024 to 2034.
- Germany is projected to expand by a CAGR of 5.7% between 2024 and 2034.
- The fermented food and beverage market in Japan is anticipated to record a CAGR of 6.2% during 2034.
“The increasing awareness of the health benefits associated with consuming fermented products is driving the fermented food and beverage market,” -says Nandini Roy Choudhury (client Partner for Food and Beverages at Future Market Insights, Inc.)
Competitive Landscape
The market players operating in the market are investing in research and development to create unique fermented food and beverage products that cater to evolving consumer preferences.
In order to meet the needs of various customer demographics and dietary preferences, market companies frequently diversify the range of fermented products in their product portfolios.
- Nestle utilizes post-harvest natural fermentation to provide a distinctive, fruity coffee flavor
- Dupont developed MicroGARD Fermentates, which help suppress microbial growth derived from premium ingredients like milk, wheat, and sugar.
Key Companies Profiled
- Cargill Inc.
- BASF SE
- Archer Daniels Midland Company
- Koninklijke DSM N.V.
- Dupont De Nemours and Company
- Fonterra Co-Operative Group Limited
- Nestlé SA
- Yakult
- AB InBev
More Valuable Insights Available
Future Market Insights offers an unbiased global fermented food and beverage market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034
To understand opportunities in the fermented food and beverage industry, the industry is segmented based on Ingredient Type (Prebiotics, Probiotics, Vitamins, Industrial Enzymes, Organic Acid, Amino Acids, Others) By Fermentation Process (Anaerobic Fermentation, Aerobic Fermentation, Continuous Fermentation, Batch Fermentation, Others) By End Use (Bakery & Confectionery, Dairy Products, Alcoholic Beverages, Non-alcoholic Beverages, Infant Formula, Dietary Supplements, Vegetables and Meat, Animal Feed Products, Fermented Chilli Sauce, Fermented Fish Sauce, Others) Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East and Africa).
About the Food and Beverage Division at Future Market Insights
The food and beverage team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With over 100+ reports and one million+ data points, the team has analyzed the industry lucidly in 50+ countries for over a decade. The team briefly analyzes key trends, including competitive landscape, profit margin, and research development efforts.
Drive Your Growth Strategy: Purchase the Report for Key Insights! https://www.futuremarketinsights.com/checkout/15280
Fermented Food and Beverage Market – Key Segments
By Ingredient Type:
- Prebiotics
- Probiotics
- Vitamins
- Industrial Enzymes
- Organic Acid
- Amino Acids
- Others
By Fermentation Process:
- Anaerobic Fermentation
- Aerobic Fermentation
- Continuous Fermentation
- Batch Fermentation
- Others
By End Use:
- Bakery & Confectionery
- Dairy Products
- Alcoholic Beverages
- Non-alcoholic Beverages
- Infant Formula
- Dietary Supplements
- Vegetables and Meat
- Animal Feed Products
- Fermented Chilli Sauce
- Fermented Fish Sauce
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
