Press release
Kombucha Market to Scale New Heights with Novel Product Launches by 2030 | Asheville Kombucha Mamas, LLC, Brew Dr. Kombucha, GT's Living Foods
Kombucha Market
Report Scope:
This comprehensive study provides an accurate overview of the worldwide kombucha market. Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by product, distribution channel, and region in the study, which offers a comprehensive picture of the state of the market.
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Market Definition:
The term "kombucha" describes a kind of sweetened, fermented alcoholic beverage that is popular due to its practicality and health advantages. Green or black tea is used to make the sparkling fermented beverage, which is then fermented by yeast or bacteria. There are several flavors of the beverage available.
Drivers and Trends:
The availability of kombucha in both cans and bottles, which aligns with the expanding mainstream penchant for on-the-go convenience, encourages customers to buy.
Kombucha is becoming increasingly popular among customers looking for food and beverage options that promote their health.
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Top Companies:
Prominent companies in the worldwide market place a strong emphasis on strategic acquisitions as a means of bolstering their R&D capabilities and gaining a competitive edge that will enable them to offer users cutting-edge products. Here are the top companies in the kombucha market:
Asheville Kombucha Mamas
LLC
Brew Dr. Kombucha
GT's Living Foods
Hain Celestial
Humm Kombucha
KeVita.com
Kosmic Kombucha
LIVE Soda
LLC
NessAlla Kombucha
PepsiCo Inc.
KeVita
Pure Steeps Beverage
LLC
Reeds Inc.
Remedy Drinks.
Revive Drinks
Suja Life
LLC
Country-Wise Insights:
According to regional research, in 2023, North America led the market. The local market has grown as people seek a superior and healthier alternative to regular soft drinks. Also, the Asia Pacific area is expected to experience the fastest growth over the forecast period. The product's continuous demand in the Asia Pacific area is due to increased awareness and visibility in countries.
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Segmental Outlook:
North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
Kombucha Market Report Highlights
In 2023, the Conventional segment dominated with the highest revenue share. The uptick in demand for traditional kombucha is in harmony with the growing enthusiasm for health-conscious hydration and the widespread adoption of functional beverages among consumers. While capitalizing on these rising trends, kombucha is simultaneously evolving and innovating to propel growth within this segment.
The Off-trade segment claimed the leading market share throughout the forecast period. These beverages are becoming more readily available through various distribution channels, including supermarkets, convenience stores, health stores, and online retailers. The introduction of innovative flavors is captivating an expanding consumer base, as companies offer unique options like lavender, watermelon, peach, and passionfruit alongside their original beverages, promoting them through off-trade platforms. Noteworthy sellers of these beverages include InstaCart, Drizly, Minibar Delivery (ReserveBar Express Corp.), Total Wine, and others.
In 2023, North America secured the leading position in the market. The regional market has experienced rapid growth as consumers increasingly lean towards a superior and healthier alternative to traditional soft drinks. In the U.S. and Canada, there is a growing demand for a lifestyle that emphasizes ethical practices, sustainability, and low sugar, contributing to the heightened popularity of this beverage. Within this region, the product has emerged as a preferred distinctive beverage, appreciated for its potential health benefits associated with fermented foods and probiotics.
The Asia-Pacific region accounted for the fastest growth in the Kombucha Market due to local vendors' active development of technologically advanced and competitively priced Kombuchas. It focuses on addressing the market's needs that have contributed to increased market share. The availability of high-quality and affordable stents from local vendors has been a key driver of growth in the region.
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Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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