In 2023, China led global fermented beverages demand with a significant market share, followed by Burkina Faso and Tanzania. Countries like South Korea and Cameroon have seen minor growth, whereas Nigeria experienced a substantial decline. Notably, Western markets like the United States showed slight growth, while European countries remained stable or saw decreases.
Future trends suggest potential growth in demand from developing markets, particularly in Africa and Asia, driven by urbanization and changing consumer preferences. Expect increased emphasis on innovative beverages catering to health-conscious consumers, which could reshape market dynamics.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 15.87 | 2023 | 0% | 0% | View data |
| 2 | 2 Burkina Faso | 14.75 | 2023 | -0.69% | -2.09% | View data |
| 3 | 3 Tanzania | 10.88 | 2023 | -2.33% | -2.05% | View data |
| 4 | 4 Uganda | 9.6 | 2023 | -1.51% | -1.64% | View data |
| 5 | 5 South Korea | 7.63 | 2023 | +0.52% | +0.68% | View data |
| 6 | 6 Cameroon | 6.99 | 2023 | +0.28% | +0.23% | View data |
| 7 | 7 Ethiopia | 4.23 | 2023 | +1.77% | +1.53% | View data |
| 8 | 8 Benin | 4.2 | 2023 | +0.23% | +0.14% | View data |
| 9 | 9 Angola | 3.83 | 2023 | +1.3% | +0.89% | View data |
| 10 | 10 Japan | 3.64 | 2023 | -0.93% | -0.5% | View data |
