Growing concerns about health and wellness have led to consumers changing 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. 

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The number of people suffering from lactose intolerance has been increasing year over year. According to the latest survey performed in 2018 by Office on Women Health, around 30 – 50 million Americans are lactose intolerant. In women, it increases the risk of osteoarthritis. 

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. 

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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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Fermented Non-dairy Non-alcoholic Beverages Market by Product

  • Drinkable Non-dairy Yogurts
  • Fermented Soft Drinks
  • Fermented Juices
  • Non-dairy Kefir

Fermented Non-dairy Non-alcoholic Beverages Market by Sales Channel

  • Modern Trade
  • Convenience Stores
  • Specialty Stores
  • Online Retailers
  • Other Retailing Formats

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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