The global fermented beverages market showcases significant variance in volumes by country. China leads with 3.18 million metric tons, experiencing a modest growth of 0.39% in 2023. Burkina Faso and Tanzania saw notable declines of over 2%, while South Korea grew by 0.68%. African countries like Cameroon, Ethiopia, Angola, and Kenya display positive growth trends, with Ethiopia rising by 1.53%. Conversely, markets such as Nigeria and Canada face sharp decreases, 37.07% and 18.12% respectively.
Future trends to watch: The market is expected to see shifting dynamics with growth in Asian and select African regions driven by increasing consumer interest in health-oriented and traditional beverages. Sustainable and innovative production techniques and a focus on non-alcoholic segments could also catalyze market changes.
Top countries in Fermented Beverages Market Size Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,180 | 2023 | +0.44% | +0.39% | View data |
| 2 | 2 Burkina Faso | 3,010 | 2023 | -0.69% | -2.09% | View data |
| 3 | 3 Tanzania | 2,180 | 2023 | -2.37% | -2.09% | View data |
| 4 | 4 Uganda | 1,960 | 2023 | -1.51% | -1.64% | View data |
| 5 | 5 South Korea | 1,560 | 2023 | +0.52% | +0.68% | View data |
| 6 | 6 Cameroon | 1,040 | 2023 | +0.39% | +0.27% | View data |
| 7 | 7 Ethiopia | 863 | 2023 | +1.77% | +1.53% | View data |
| 8 | 8 Benin | 857 | 2023 | +0.23% | +0.14% | View data |
| 9 | 9 Japan | 743 | 2023 | -0.93% | -0.5% | View data |
| 10 | 10 Angola | 717 | 2023 | +1.41% | +0.89% | View data |
