Market Share of Fermented Foods and Beverages Industry
The fermented foods and beverages market witnessed dominance from Nestlé S.A., Danone S.A., and Yakult H.S. Other prominent players include Fonterra Co-operative Group (Nurture), PepsiCo Inc. (Kevita), Chobani Inc., and BioGaia, among others. The alcoholic beverage segment in the fermented foods and beverages market is dominated by major players, such as AB InBev, Heineken, Constellation Brands, and many others.
The leading companies focus on launching innovative, low-calorie, and natural ingredient-based products that taste good. Huge investments have been made in R&D to develop products for specific needs. The increasing prevalence of health problems among the growing population is expected to drive the demand for fermented foods. Moreover, the increasing innovations and launches of newly enhanced products by emerging and key market players will drive the market in the forecasted period.
Fermented Foods and Beverages Market Leaders
Fonterra Co-operative Group Limited
Constellation Brands, Inc.
Yakult Honsha Co. Ltd
*Disclaimer: Major Players sorted in no particular order