Kombucha Market to reach US$ 1,884.9 Mn by 2030

A recent market study published by Future Market Insights on the Kombucha Market offers global industry analysis for 2015-2019 & opportunity assessment for 2020-2030. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical and current growth parameters of the kombucha market, the growth prospects for the market are obtained with maximum precision.

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The popularity of kombucha is rising at an accelerated pace. By 2030 alone, the global kombucha market value is expected to reach US$ 1,884.9 Mn, according to the Future Market Insights. The market is unlikely to lose its momentum any time soon. Between 2020 and 2030 it is projected to rise at a CAGR of 16%, despite the current interruptions in logistics due to the unprecedented spread of COVID-19.

“The sales of organic products has outperformed growth witnessed in the non-organic sector, with considerable increase in the purchase of functional food and beverages. Spurred by this, the kombucha sales is expected to rise as consumers post COVID-19 outbreak are likely to seek out products derived from organic sources and packed with health benefits,” said a lead analyst at FMI

Kombucha Market Outlook & Key Findings
Kombucha market likely to grow at over 16% in 2020, as covid-19 pushed consumption in Europe and US
Growing consumer interest in fermented drinks a key growth driver
Small craft brands challenging industry Goliaths, creating opportunities for local kombucha producers
Newfound kombucha popularity in emerging markets leading to clarion calls for developing Standard of Identity
Kombucha’s much-hyped ‘problem’ remains a challenge, as brands struggle to maintain under 0.5% threshold throughout shelf life

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The FMI study delves deeper into the prevailing dynamics to offer interesting insights into the kombucha market. Some of these are:

Kombucha is available in a gamut of flavors, ranging from berries to herbs and spices. Growth witnessed in the herbs and spices segment is expected to rise at 18% over the forecast period.
North America and Europe are expected to remain the dominant markets for kombucha. Collaborations between popular kombucha brands and local restaurants and cafes will give significant impetus to the market across these regions.
Expansion of organic retail shops to bode well for the kombucha market. Flavored kombucha is often among the best-selling products in these stores.
Heightened focus on health and wellness among consumers due to COVID-19 outbreak will enable the market gain pace in the coming years.
Leading suppliers in Kombucha Market

The kombucha market place is witnessing the entry of new players, albeit at a local or regional level. With an estimated 400+ kombucha players, innovative flavors, personalized packaging, clean-label claims, and social media marketing have become key avenues for forging a distinct brand identity. Some of the key players in the kombucha market are,

GT’s Living Foods
KeVita
Humm Kombucha
Reed’s, Inc.
Kombucha Wonder Drink
Strappa Live Kombucha
Equinox Kombucha
Pronatura
Carpe Diem
Yogi Tea
Heal Probiotics
Kombucha Wonder Drink
Niangmeipu
Buchi

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Table Of Content

1. Executive Summary

2. Market Overview

3. Market Background

4. Market Dynamics

5. Consumer Sentiment Analysis

6. Value Chain Analysis

7. Global Kombucha Market Pricing Analysis

8. Global Kombucha Market Demand / Consumption (Size in US$ Mn) Analysis

9. Global Kombucha Market Analysis 2015-2019 and Forecast 2020-2030, By Flavour

Contact Us:
Mr. Debashish Roy
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United Arab Emirates
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About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.

This release was published on openPR.