Global Herbs and Spices Kombucha Market, By Type (Bacteria, Yeast, Mold and Others), Product (Organic and Inorganic), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Health Stores, Online Retailers and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Herbs and Spices Kombucha Market
Data Bridge Market Research analyses that the global herbs and spices kombucha market will project a CAGR of 26.60% for the forecast period of 2022-2029. Growth and expansion of the food and beverages industry, growing focus on innovations by the food and beverages sector, rising consumer consciousness towards the consumption of rich and exotic herbs and spices, changings tastes and preferences of consumers and increasing personal disposable income by the major companies are the major factors attributable to the growth of herbs and spices kombucha market.
Kombucha is a fermented tea which is manufactured by adding sugar and symbiotic bacteria and yeast colonies in black or distilled green tea. Depending upon the duration of fermentation, kombucha’s taste may differ from sweet to vinegar like. Kombucha is a widely consumed to detoxify the body and spices and herbs are one of the most popular kombucha flavors. It boosts up the energy levels, improves the functioning of immunity system, tackles the frequent mood swings, improves digestion and treats a wide range of chronic diseases such as arthritis, diabetes, cardiovascular diseases, and other degenerative diseases.
Rising personal disposable income and growing prevalence of variety of human diseases, including HIV-AIDS and cardiovascular diseases are the major factors fostering the growth of the herbs and spices kombucha market. Changing lifestyle, westernization, rising research and development initiatives taken by major companies especially in the developing economies, surging health awareness and ever-rising global population are acting as herbs and spices kombucha market growth determinants. Improving distribution channel, rising application in medicine and drug manufacturing processes, growing demand for healthy food and beverage items for improved immunity, increased awareness about the medicinal properties of kombucha and growing adoption of urban lifestyle will further induce growth in the herbs and spices kombucha market value.
However, rising inventory carrying cost will pose a major challenge to the growth of the herbs and spices kombucha market. Fluctuations in the prices of machinery equipment and supply chain disruptions owing to the pandemic will further restrict the scope of growth for the herbs and spices kombucha market. High cost associated with the research and development activities, lack of awareness about kombucha as a healthy beverage in the underdeveloped economies and availability of alternatives will also hamper the herbs and spices kombucha market growth rate.
This herbs and spices kombucha market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on herbs and spices kombucha market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Herbs and Spices Kombucha Market Scope and Market Size
The herbs and spices kombucha market is segmented on the basis of type, product and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the herbs and spices kombucha market is segmented into bacteria, yeast, mold and others.
- Based on product, the herbs and spices kombucha market is segmented into organic and inorganic.
- On the basis of distribution channel, the herbs and spices kombucha market is further segmented into supermarkets/hypermarkets, convenience stores, health stores, online retailers and others.
Herbs and Spices Kombucha Market Country Level Analysis
The herbs and spices kombucha market is analyses and market size, volume information is provided by country, type, product and distribution channel as referenced above.
The countries covered in the herbs and spices kombucha market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the herbs and spices kombucha market and will continue to flourish its trend of dominance during the forecast period owing to the increasing research and development by manufacturers to cater innovative flavoured products. Asia-Pacific region will score the high acceptance of kombucha as functional beverage, rising consumer awareness about advantages of kombucha in Asian countries, growing population, changing lifestyle, and increasing personal disposable income.
The country section of the herbs and spices kombucha market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Herbs and Spices Kombucha Market Share Analysis
The herbs and spices kombucha market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to herbs and spices kombucha market.
Some of the major players operating in the herbs and spices kombucha market are Asheville Kombucha Mamas, LLC, GT's Living Foods, The Hain Celestial Group, Makana Beverages, Inc., PEPSICO, Wonder Drink, Kosmic Kombucha, Drink Live, Manta Media Inc., NessAlla Kombucha, RED BULL, Reed's, Inc., Revive Drinks., Humm Kombucha, Health-Ade LLC, Woodies, Cell-Nique Corporation, Vinovathemes and BREW DR. TEA COMPANY among others.