Press release
Kombucha Market Hits USD 13,787 Million in 2030, Forecasts 22.9% CAGR (2022-2030)
Key Points and Statistics on the Kombucha Market:● The global kombucha market size is projected to expand to USD 13,787 million by 2030, growing at a CAGR of 22.9% from 2022 to 2030.
● North America accounted for over 48% of the total market shares in 2021.
● The Asia-Pacific region is expected to observe the highest CAGR from 2022 to 2030.
● In terms of flavors, the flavored segment accounted for over 59.1% of the overall market share in 2021.
● Among distribution channels, the supermarket segment engaged more than 41% of the total market share.
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Kombucha Market Overview and Analysis:
The market is driven by escalating demand for organic, clean-label functional beverages and increasing usage in the hospitality sector. However, lack of clinical research and various government restrictions on the amount of alcohol in beverages pose challenges.
Latest Kombucha Market Trends and Innovations
The kombucha market is witnessing rapid expansion of the internet retail industry and increased demand for organic products. Kombucha is high in vitamin B12 and is widely used to improve digestive health and as an immunity booster. In addition, the market is seeing a growing number of new product launches, such as kombucha-based sparkling waters and kombucha-infused coffees.
Major Growth Drivers of the Kombucha Market
The growth of the kombucha market is being driven by a number of factors, including:
● The increasing demand from the health-conscious population: Kombucha is seen as a healthy alternative to sugary soft drinks and is increasingly being consumed by people who are looking for ways to improve their overall health and well-being.
● The proliferation of the food service industry globally: Kombucha is becoming increasingly popular in restaurants and bars, and is being offered as a healthier alternative to alcoholic beverages.
● The rising popularity of kombucha as an alternative to aerated drinks: Kombucha is a naturally carbonated beverage that is often seen as a healthier alternative to sugary soft drinks.
Key Challenges Facing the Kombucha Industry
The kombucha industry is facing a number of challenges, including:
● Lack of clinical research to back health claims: There is limited clinical research to support the health claims that are often made about kombucha. This lack of research could deter some consumers from trying kombucha.
● Government restrictions on alcohol content: In some countries, kombucha is regulated as an alcoholic beverage, which can limit its distribution and marketing.
● Regulatory concerns related to kombucha's alcohol content: There is some concern that kombucha could be harmful to children and pregnant women due to its alcohol content. This concern could lead to stricter regulations on kombucha, which could make it more difficult for companies to market and sell their products.
Market Segmentation Insights:
● By Flavors:
○ Natural
○ Flavored
● By Distribution Channel:
○ Supermarkets
○ Health Stores
○ Online Stores
Overview by Region of the Kombucha Market:
North America holds the largest share of the global market, with significant growth expected in the Asia-Pacific region due to increasing demand for probiotics and fortified beverages.
Kombucha Market Table of Content:
CHAPTER 1. Industry Overview of Kombucha Market
CHAPTER 2. Research Approach
CHAPTER 3. Market Dynamics And Competition Analysis
CHAPTER 4. Kombucha Market By Flavors
CHAPTER 5. Kombucha Market By Distribution Channel
CHAPTER 6. North America Kombucha Market By Country
CHAPTER 7. Europe Kombucha Market By Country
CHAPTER 8. Asia Pacific Kombucha Market By Country
CHAPTER 9. Latin America Kombucha Market By Country
CHAPTER 10. Middle East & Africa Kombucha Market By Country
CHAPTER 11. Player Analysis Of Kombucha Market
CHAPTER 12. Company Profile
Key Players:
Kombucha Wonder Drink, Reed's, Inc., Live Soda Kombucha, Millennium Products, Inc., The Hain Celestial Group, Nesalla Kombucha, Revive Kombucha, Makana Beverages Inc., Kosmic Kombucha, Red Bull Gmbh (Austria), Townshend's Tea Company, Cell - Nique Corporation, The Humm Kombucha, Buchi Kombucha, and Gt's Kombucha.
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