Fermented Food and Drinks Market Research Report By Type (Dairy Products, Bakery Products, Soy Products, Tea, Coffee, and Wine, Other Fermented Products), By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retailers, Specialty Stores, Other Distribution Channels), By Packaging Type (Bottles and Cans, Pouches and Bags, Tubs and Containers, Other Packaging Types), By Health Benefits (Probiotics for Gut Health, Antioxidants for Immunity, Reduced Risk of Chronic Diseases, Other Health Benefits) and By Regional (N

Global  Fermented Food and Drinks Market Overview

Fermented Food and Drinks Market Size was estimated at 656.69 (USD Billion) in 2022. The Fermented Food and Drinks Market Industry is expected to grow from 712.25(USD Billion) in 2023 to 1,478.7 (USD Billion) by 2032. The Fermented Food and Drinks Market CAGR (growth rate) is expected to be around 8.46% during the forecast period (2024 - 2032)

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Fermented Food and Drinks Market Trends Highlighted

The Fermented Food and Drinks Market is driven by the increasing consumer demand for healthy and functional products. With the growing awareness of the health benefits associated with fermented foods and drinks, such as improved gut health and immunity, consumers are seeking these products to enhance their overall well-being. Furthermore, the rising popularity of plant-based diets and veganism is creating opportunities for fermented plant-based products, such as kombucha and plant-based yogurts. Recent trends in the market include the emergence of innovative flavors and formats, such as flavored kefirs and probiotic shots, as well as the increasing use of fermentation in the production of alcoholic beverages, such as hard kombucha. The market for Fermented Food and Drinks presents significant growth potential for manufacturers who can meet the evolving consumer demand for healthy, functional, and innovative products.

Fermented Food and Drinks Market Drivers

Rising Health Consciousness and Demand for Functional Foods

Many people nowadays recognize the health benefits associated with the consumption of fermented foods and drinks. They are rich in probiotics or good bacteria that can improve digestive health and protect the immune system. Moreover, they provide an excellent source of vitamins, minerals, and antioxidants, making the popularity of these goods increase. Thus, the Fermented Food and Drinks Market Industry tends to grow considerably in the near future, given a constant health consciousness and demand for functional foods.

Growth of the Vegan and Vegetarian Population

The growing vegan and vegetarian population is another determinant of the Fermented Food and Drinks Market. Fermented foods are a source of necessary amounts of protein and other substances for vegans and vegetarians. In addition to this, they are a good complement to plant-based nutrition due to their variety and unique taste. Hence, thev market for fermented food is likely to follow the tendency of increasing demand for such products.

Expansion of the Food and Beverage Industry

Futher development of the food and beverage industry is also one of the reasons for the growth of the market of Fermented Food and Drinks. In particular, companies in these sectors have started to exploit the advantages of adding fermented ingredients to their products, in particular due to improvements in flavor, texture and shelf-life. As a result, the demand for fermented foods and drinks is increasing both among consumers and food and beverage companies.

Fermented Food and Drinks Market Segment Insights

Fermented Food and Drinks Market Type Insights

Types Dairy Products Bakery Products Soy Products Tea, Coffee, and Wine Other Fermented Products Dairy Products accounted for the highest market share in 2023, and this type is anticipated to continue leading the market between 2024 and 2032 due to the increasing consumption of fermented dairy products such as yogurt, kefir, and cheese. Bakery Products are expected to be the fastest-growing segment over the forecast period, mainly due to the increasing consumption of fermented bakery products. The Soy Products segment is also expected to exhibit substantial growth owing to the fact that fermented soy products such as natto, miso, and tempeh are a rich source of protein and various essential nutrients.Tea, Coffee, and Wine are the most popular fermented beverages that have been consumed by humans from time immemorial and are expected to maintain their popularity over the forecast period. Other Fermented Products include sauerkraut, kimchi, and miso, among other foods and drinks that meet the definition of fermented products, and these products are expected to play a crucial role in the growth of the market over the forecast period. The market is witnessing significant growth owing to the increasing demand for fermented foods and drinks due to the health benefits of these products

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Fermented Food and Drinks Market Distribution Channel Insights

Distribution Channel is a key segment of the Fermented Food and Drinks Market. In 2024, Supermarkets and Hypermarkets lead the segment with 32.5% of the market revenue share. Convenience Stores segment is estimated to register a CAGR of 7.8% during 2024-2032 due to increasing consumer preference for convenient shopping options. Online Retailers is another prominent segment, expected to register a CAGR of 8.3% through 2032, owing to the growing popularity of e-commerce and home delivery services. The Specialty Stores segment holds a significant market share, catering to consumers seeking specialized Fermented Food and Drinks products.Other Distribution Channels, including traditional markets and food service establishments, also contribute significantly to the market growth.

Fermented Food and Drinks Market Packaging Type Insights

The Fermented Food and Drinks Market is segmented into Bottles and Cans, Pouches and Bags, Tubs and Containers, and Other Packaging Types. Among these, the Bottles and Cans segment accounted for the largest revenue share in 2023 and is projected to maintain its dominance throughout the forecast period. The convenience and durability of bottles and cans make them a preferred choice for manufacturers and consumers alike. Pouches and Bags are expected to witness the fastest growth rate during the forecast period owing to their lightweight and flexible nature, which makes them ideal for on-the-go consumption.Tubs and Containers are commonly used for larger sizes and bulk packaging and are expected to account for a significant share of the market. Other Packaging Types, such as Tetra Paks and Aseptic Bags, are gaining popularity due to their ability to preserve the freshness and quality of Fermented Food and Drinks.

Fermented Food and Drinks Market Health Benefits Insights

The health benefits segment is a key driver of the Fermented Food and Drinks Market growth. Probiotics for gut health is a major trend, with consumers increasingly seeking out fermented foods and drinks that contain live bacteria to improve their digestive health. Antioxidants for immunity are another important health benefit, as fermented foods and drinks are rich in antioxidants that can help boost the immune system and protect against chronic diseases. Reduced risk of chronic diseases is also a major health benefit associated with fermented foods and drinks, as studies have shown that these products can help to reduce the risk of heart disease, stroke, and some types of cancer.Other health benefits of fermented foods and drinks include improved cognitive function, reduced inflammation, and weight management. The growing awareness of the health benefits of fermented foods and drinks is expected to drive market growth in the coming years.

Fermented Food and Drinks Market Regional Insights

The Fermented Food and Drinks Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America is expected to hold the largest market share in 2023, owing to the increasing demand for fermented food and beverages such as kombucha, kefir, and yogurt. Europe is expected to be the second-largest market, followed by APAC. The APAC region is expected to witness the highest growth rate during the forecast period due to the rising disposable income and changing dietary habits in countries such as China and India.South America and MEA are expected to have a relatively smaller market share but are expected to grow at a steady pace during the forecast period.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Fermented Food and Drinks Market Key Players And Competitive Insights

The major players in the Fermented Food and Drinks Market industry are continuously looking to gain competitive advantages through R investment, portfolio expansion, and strategic acquisition of technology startups. The top players in the Fermented Food and Drinks Market are focused on developing new products to meet the changing consumer preferences of searching for healthier and more sustainable foods. Moreover, these players are also focused on fostering product differentiation and expanding the portfolio of products through acquisitions. The leading companies in the Fermented Food and Drinks Market are characterized by a high level of competition, and resulting, they tend to focus on raising brand awareness through their marketing efforts. The competitive environment is enriched by the entrance of new players on the market landscape, particularly from developing countries that are able to leverage their lower cost bases to gain a bigger share of the market.One of the top companies, Danone, holding a prominent place in the Fermented Food and Drinks Market, is, in fact, one of the leader companies in the industry. The firm holds a strong market presence across the globe and offers a diversified product range within the fermented food and drink market. Danone has been historically one of the leading companies in the industry that employed the focus on innovation. The main advantage that the company enjoys is its strong commitment to sustainability, which goes in line with addressing the consumer demands for healthier and more sustainable products. Moreover, Danone boasts a strong distribution network and a wide customer base.Another top company, Nestlé, is another leader in the Fermented Food and Drinks Market. The firm is a giant in the food and beverages market and offers a diverse product range, including fermented foods and drinks. Similarly to Danone, the company is very innovation-focused and leverages the R to create a variety of new product solutions that satisfy consumer needs. Furthermore, Nestlé, too, has a presence and solid distribution networks across the world. The company's focus on sustainability and commitment to offering healthy and nutritious foods have supported its presence in the industry.

Key Companies in the Fermented Food and Drinks Market Include

• The Hain Celestial Group


• Kraft Heinz


• Yakult


• Danone


• PepsiCo


• General Mills


• Campbell Soup Company


• Meggle


• Nestle


• Unilever

Fermented Food and Drinks Market Industry Developments

The Fermented Food and Drinks Market is projected to grow from USD 712.25 billion in 2023 to USD 1478.7 billion by 2032, exhibiting a CAGR of 8.46% during the forecast period. Increasing consumer awareness about the health benefits associated with Fermented Food and Drinks, such as improved digestion, boosted immunity, and reduced risk of chronic diseases, is driving the market growth. Moreover, the rising popularity of plant-based fermented foods and beverages, such as kombucha, kefir, and tempeh, is further contributing to market expansion. Strategic initiatives by key players, such as product launches, acquisitions, and partnerships, are also supporting market growth. Recent market developments include the launch of innovative fermented food and beverage products, such as plant-based yogurt alternatives and probiotic-infused beverages. Additionally, the growing adoption of e-commerce platforms for the distribution of Fermented Food and Drinks is providing convenience to consumers and expanding market reach.

Fermented Food and Drinks Market Segmentation Insights

Fermented Food and Drinks Market Type Outlook

• Dairy Products


• Bakery Products


• Soy Products


• Tea, Coffee, and Wine


• Other Fermented Products

Fermented Food and Drinks Market Distribution Channel Outlook

• Supermarkets and Hypermarkets


• Convenience Stores


• Online Retailers


• Specialty Stores


• Other Distribution Channels

Fermented Food and Drinks Market Packaging Type Outlook

• Bottles and Cans


• Pouches and Bags


• Tubs and Containers


• Other Packaging Types

Fermented Food and Drinks Market Health Benefits Outlook

• Probiotics for Gut Health


• Antioxidants for Immunity


• Reduced Risk of Chronic Diseases


• Other Health Benefits

Fermented Food and Drinks Market Regional Outlook

• North America


• Europe


• South America


• Asia-Pacific


• Middle East and Africa

Fermented Food and Drinks Market Report Scope