The global fermented beverages demand varies significantly by country, with China leading the market at 3.24 million metric tons, followed by Burkina Faso (3.01) and Tanzania (2.22). While some markets like New Zealand and Finland exhibit substantial growth with an increase of 5.92%, countries such as Nigeria have experienced a sharp decline of 34.75%. Notable increases were also seen in the United States (2.46%) and Lithuania (5.92%). In contrast, developed markets like Japan and Australia witnessed slight declines of -0.5% and -4.56%, respectively.
Future trends to watch for include:
- China continuing to lead the market and shaping demand patterns.
- Potential recovery of previously declining markets like Nigeria and Australia.
- Increasing interest in fermented beverages in emerging markets, expected to drive growth in countries such as Lithuania and New Zealand.
- Monitoring the impact of health trends and consumer preferences on global demand.
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,240 | 2023 | 0% | 0% | View data |
| 2 | 2 Burkina Faso | 3,010 | 2023 | -0.69% | -2.09% | View data |
| 3 | 3 Tanzania | 2,220 | 2023 | -2.33% | -2.05% | 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 | 1,430 | 2023 | +0.28% | +0.23% | 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 Angola | 782 | 2023 | +1.3% | +0.89% | View data |
| 10 | 10 Japan | 743 | 2023 | -0.93% | -0.5% | View data |