Kombucha Market Size, by Top Companies, Regional Growth, and Forecast 2032
Kombucha Market Outline
The kombucha market worth
to be more than USD 8.94 Billion by the end of 2032. Between 2020 and 2032, the
market shall record a striking growth rate of 19.5%, adds MRFR.
Growth Boosters and
Impediments
Kombucha helps bolster body
functioning, digestive health, and helps augment mood along with the energy
levels. kombucha’s escalating preference among consumers is in response to its
unique taste and flavor as well as the fizziness. The consumption rate is also
surging owing to the beverage’s ability to treat arthritis, and cancer, along
with numerous degenerative disorders. Other benefits include facilitating body
detox, fostering metabolism, and connective tissues, while alleviating
headaches.
Most of the vendors are
investing substantially in product innovation to meet with the surging consumer
inclination towards functional, tasty and healthy beverages. Other tactical
measure taken up by the bran ds include advertising on the social media. Social
media channels bolster the brand awareness among people, and are therefore,
experiencing a strong demand among most of the players. Meanwhile, aesthetic
packaging of the products and infusion of different healthy ingredients as well
as flavors such as lemon, ginger, berries, and coffee spark the interest of the
consumers. Brands are forming alliance with various distribution centers, such
as health stores, hypermarkets and supermarkets, to augment their presence in
the worldwide kombucha market size.
The incredible expansion
rate of the global retail industry paired with the soaring popularity of
e-commerce channels will prove to be great business opportunities for the
manufacturers. Renowned firms are increasingly choosing online channels to sell
their products, given the low expenditure in comparison to the conventional
retail outlets.
Prominent Companies
The prominent kombucha
producers are Gt’s Kombucha (U.S.), Makana Beverages Inc. (U.S.), Kosmic
Kombucha (U.S.), Kombucha Wonder Drink (U.S.), Buchi Kombucha (U.S.), Live Soda
Kombucha (U.S.), Reed’s Inc (U.S.), Kevita, Inc. (Canada), Nesalla Kombucha
(U.S.), and more.
Segmental Review
The major types available
in the worldwide kombucha market ovevriew include green tea, black tea, and more. Out
of these, green tea should gain maximum traction in the years ahead, due to the
host of health advantages in conjunction with surging health awareness across
the globe.
Packaging-wise, the key
segments can be metal, glass, plastic, and more. Plastic packaging will be the
top segment in the following years.
Kombucha is available on
store based and non-store-based distribution channels.
Regional Status
Kombucha market in North
America is the biggest shareholder in the worldwide market, headed by Canada as
well as the United States. Both these economies have a vast number of eminent
manufacturers, coupled with mass-preferred foodservice brands including
Starbucks that sell kombucha under their own labels. Majority of the brands
strive to cater to the constantly rising demand for excellence and are trying
to further establish themselves in the kombucha industry.
The European market’s
stunning growth is mostly due to contributions from France, Spain, Italy, and
Germany. A massive consumer base in these countries, with significant awareness
regarding different healthy products for better immunity and well-being, lead
to kombucha’s booming sales. Sound economic conditions plus the mounting health
consciousness raise the preference for kombucha, accompanied by the emerging
preventative care trend in the region.
The fastest paced market
growth will be experienced by Asia Pacific, where launch of new flavors by the
brands is quite prevalent. With the alarming surge in obesity, diabetes, and
various other lifestyle-based ailments, most of the consumers prefer healthy
and functional drinks like kombucha. In the wake of the escalating urbanization
rate, more and more convenience stores, restaurants, and retail stores have
been cropping up in cities, with kombucha being one of the most bestsellers.
Recent News
January 2022
TricorBraun, the reputed
rigid packaging developer (US) has acquired beverage packaging firms, Vessel
Packaging (Vessel) and Zuckerman Honickman (ZH). Vessel serves numerous
beverage markets, such as kombucha, wine, sparkling water, beer, coffee, cider,
and ready-to-drink all over North America.
NOTE: Our Team of Researchers are
Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of
Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York,
New York 10013, United States of America
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