Global Fermented Food and Drinks Market 2023-2027

Global Fermented Food and Drinks Market 2023-2027

Technavio has been monitoring the fermented food and drinks market and it is poised to grow by $846.73 bn during 2023-2027, accelerating at a CAGR of 7.16% during the forecast period. Our report on the fermented food and drinks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advances in packaging methods, increasing marketing initiatives, and various market strategies by vendors.

Technavio's fermented food and drinks market is segmented as below:

By Product

  • Fermented alcoholic and non-alcoholic
  • Fermented diary food and drinks
  • Fermented bakery food
  • Others
By Distribution Channel
  • Hypermarkets and supermarkets
  • Independent retailers and convenience store
  • Specialty food stores
  • Online retailers
By Geography
  • APAC
  • Europe
  • North America
  • South America
  • Middle East and Africa
This study identifies the rise in popularity of probiotics as one of the prime reasons driving the fermented food and drinks market growth during the next few years. Also, growth in organized retailing globally and growing demand from millennials will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the fermented food and drinks market covers the following areas:
  • Fermented food and drinks market sizing
  • Fermented food and drinks market forecast
  • Fermented food and drinks market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fermented food and drinks market vendors that include Anheuser Busch InBev SA, Carlsberg AS, Chobani Global Holdings LLC, Chr Hansen Holding AS, COFCO Corp., Constellation Brands Inc., Danone, DuPont de Nemours Inc., Fonterra Cooperative Group Ltd., General Mills Inc., Heineken NV, Koninklijke DSM NV, Lifeway Foods Inc., Nestle SA, PepsiCo Inc., Suntory Beverage and Food Ltd., The Coca Cola Co., The Kraft Heinz Co., Treasury Wine Estates Ltd., and Yakult Honsha Co. Ltd. Also, the fermented food and drinks market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Product
      • Table Executive Summary – Chart on Market Segmentation by Distribution Channel
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global fermented food and drinks market 2017 - 2021
      • Table Historic Market Size – Data Table on Global fermented food and drinks market 2017 - 2021 ($ billion)
    • Geography Segment Analysis 2017 - 2021
      • Table Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • Product Segment Analysis 2017 - 2021
      • Table Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • Distribution Channel Segment Analysis 2017 - 2021
      • Table Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ billion)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size – Country Segment 2017 - 2021 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Product
    • Market segments
      • Table Chart on Product - Market share 2022-2027 (%)
      • Table Data Table on Product - Market share 2022-2027 (%)
    • Comparison by Product
      • Table Chart on Comparison by Product
      • Table Data Table on Comparison by Product
    • Fermented alcoholic and non-alcoholic drinks – Market size and forecast 2022-2027
      • Table Chart on Fermented alcoholic and non-alcoholic drinks - Market size and forecast 2022- 2027 ($ billion)
      • Table Data Table on Fermented alcoholic and non-alcoholic drinks - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Fermented alcoholic and non-alcoholic drinks - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Fermented alcoholic and non-alcoholic drinks - Year-over-year growth 2022- 2027 (%)
    • Fermented diary food and drinks - Market size and forecast 2022-2027
      • Table Chart on Fermented diary food and drinks - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Fermented diary food and drinks - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Fermented diary food and drinks - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Fermented diary food and drinks - Year-over-year growth 2022-2027 (%)
    • Fermented bakery food - Market size and forecast 2022- 2027
      • Table Chart on Fermented bakery food - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Fermented bakery food - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Fermented bakery food - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Fermented bakery food - Year-over-year growth 2022-2027 (%)
    • Others - Market size and forecast 2022-2027
      • Table Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Others - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Others - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product ($ billion)
  • Market Segmentation by Distribution Channel
    • Market segments
      • Table Chart on Distribution Channel - Market share 2022-2027 (%)
      • Table Data Table on Distribution Channel - Market share 2022-2027 (%)
    • Comparison by Distribution Channel
      • Table Chart on Comparison by Distribution Channel
      • Table Data Table on Comparison by Distribution Channel
    • Hypermarkets and supermarkets - Market size and forecast 2022-2027
      • Table Chart on Hypermarkets and supermarkets - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Hypermarkets and supermarkets - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Hypermarkets and supermarkets - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Hypermarkets and supermarkets - Year-over-year growth 2022-2027 (%)
    • Independent retailers and convenience store – Market size and forecast 2022-2027
      • Table Chart on Independent retailers and convenience store - Market size and forecast 2022- 2027 ($ billion)
      • Table Data Table on Independent retailers and convenience store - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Independent retailers and convenience store - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Independent retailers and convenience store - Year-over-year growth 2022- 2027 (%)
    • Specialty food stores - Market size and forecast 2022- 2027
      • Table Chart on Specialty food stores - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Specialty food stores - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Specialty food stores - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Specialty food stores - Year-over-year growth 2022-2027 (%)
    • Online retailers - Market size and forecast 2022-2027
      • Table Chart on Online retailers - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Online retailers - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Online retailers - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Online retailers - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Distribution Channel
      • Table Market opportunity by Distribution Channel ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • Japan - Market size and forecast 2022-2027
      • Table Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • France - Market size and forecast 2022-2027
      • Table Chart on France - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on France - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on France - Year-over-year growth 2022-2027 (%)
      • Table Data Table on France - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Advances in packaging methods
      • Increasing marketing initiatives
      • Various market strategies by vendors
    • Market challenges
      • Presence of substitute products
      • Adverse weather conditions
      • Stringent regulations and guidelines
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Rise in popularity of probiotics
      • Growth in organized retailing globally
      • Growing demand from millennials
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Anheuser Busch InBev SA
      • Table Anheuser Busch InBev SA - Overview
      • Table Anheuser Busch InBev SA - Business segments
      • Table Anheuser Busch InBev SA - Key offerings
      • Table Anheuser Busch InBev SA - Segment focus
    • Carlsberg AS
      • Table Carlsberg AS - Overview
      • Table Carlsberg AS - Business segments
      • Table Carlsberg AS - Key offerings
      • Table Carlsberg AS - Segment focus
    • Chobani Global Holdings LLC
      • Table Chobani Global Holdings LLC - Overview
      • Table Chobani Global Holdings LLC - Product / Service
      • Table Chobani Global Holdings LLC - Key offerings
    • Chr Hansen Holding AS
      • Table Chr Hansen Holding AS - Overview
      • Table Chr Hansen Holding AS - Business segments
      • Table Chr Hansen Holding AS - Key news
      • Table Chr Hansen Holding AS - Key offerings
      • Table Chr Hansen Holding AS - Segment focus
    • COFCO Corp.
      • Table COFCO Corp. - Overview
      • Table COFCO Corp. - Product / Service
      • Table COFCO Corp. - Key offerings
    • Constellation Brands Inc.
      • Table Constellation Brands Inc. - Overview
      • Table Constellation Brands Inc. - Business segments
      • Table Constellation Brands Inc. - Key offerings
      • Table Constellation Brands Inc. - Segment focus
    • Danone
      • Table Danone - Overview
      • Table Danone - Business segments
      • Table Danone - Key news
      • Table Danone - Key offerings
      • Table Danone - Segment focus
    • DuPont de Nemours Inc.
      • Table DuPont de Nemours Inc. - Overview
      • Table DuPont de Nemours Inc. - Business segments
      • Table DuPont de Nemours Inc. - Key offerings
      • Table DuPont de Nemours Inc. - Segment focus
    • Fonterra Cooperative Group Ltd.
      • Table Fonterra Cooperative Group Ltd. - Overview
      • Table Fonterra Cooperative Group Ltd. - Business segments
      • Table Fonterra Cooperative Group Ltd. - Key news
      • Table Fonterra Cooperative Group Ltd. - Key offerings
      • Table Fonterra Cooperative Group Ltd. - Segment focus
    • General Mills Inc.
      • Table General Mills Inc. - Overview
      • Table General Mills Inc. - Business segments
      • Table General Mills Inc. - Key news
      • Table General Mills Inc. - Key offerings
      • Table General Mills Inc. - Segment focus
    • Heineken NV
      • Table Heineken NV - Overview
      • Table Heineken NV - Business segments
      • Table Heineken NV - Key offerings
      • Table Heineken NV - Segment focus
    • Koninklijke DSM NV
      • Table Koninklijke DSM NV - Overview
      • Table Koninklijke DSM NV - Business segments
      • Table Koninklijke DSM NV - Key news
      • Table Koninklijke DSM NV - Key offerings
      • Table Koninklijke DSM NV - Segment focus
    • Nestle SA
      • Table Nestle SA - Overview
      • Table Nestle SA - Business segments
      • Table Nestle SA - Key news
      • Table Nestle SA - Key offerings
      • Table Nestle SA - Segment focus
    • The Kraft Heinz Co.
      • Table The Kraft Heinz Co. - Overview
      • Table The Kraft Heinz Co. - Business segments
      • Table The Kraft Heinz Co. - Key offerings
      • Table The Kraft Heinz Co. - Segment focus
    • Yakult Honsha Co. Ltd.
      • Table Yakult Honsha Co. Ltd. - Overview
      • Table Yakult Honsha Co. Ltd. - Business segments
      • Table Yakult Honsha Co. Ltd. - Key offerings
      • Table Yakult Honsha Co. Ltd. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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