Global Kombucha Market, Ingredient Type (Yeast, Bacteria, Mold, Others), Product (Organic, Non-Organic), Type (Original, Flavored), Flavor (Herbs and Spices, Citrus, Berries, Apple, Coconut & Mangoes, Flowers), Packaging Type (Glass Bottles, Cans), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Health Stores, Online Retailers, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, 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 2028
The kombucha market is expected to witness market growth at a rate of 22.35% in the forecast period of 2021 to 2028 and is expected to reach USD 54.19 billion by 2028. Data Bridge Market Research report on kombucha market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The expansion of beverage sector globally is escalating the growth of kombucha market.
Kombucha refers to a type of fermented alcoholic beverage possessing a sweet taste and is generally used because of its functionality and health benefits. The sparkling fermented beverage is produced from green or black tea, fermented from bacteria or yeast. The drink is available in numerous flavors.
The rise in the consumption of alcoholic beverages among population across the globe, acts as one of the major factors driving the growth of kombucha market. The increase in the consumer preference towards consumer preference for functional drinks over carbonated drinks and juices owning to the rise in awareness regarding the inherent nutritional benefits of kombucha accelerate the market growth. The increase in demand for the product because of its various benefits such as it assists in enhancing digestive health, body functioning and lifting up mood and energy levels and the rise in the trend of the beverage because of its unique flavor and fizzy taste further influence the market. Additionally, easy manufacturing process, rise in demand for fortified food and beverage products, surge in disposable income and changing lifestyle of individuals positively affect the kombucha market. Furthermore, research and development and innovations to expand applicability extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, incidences of beverage recall and presence of regulations for the usage of microorganisms are expected to obstruct the market growth. Complex supply chain and high inventory carrying cost and long time required for regulatory approval are projected to challenge the kombucha market in the forecast period of 2021 to 2028.
This 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 localized 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 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.
Kombucha Market Scope and Market Size
The kombucha market is segmented on the basis of ingredient type, product, type, flavor, packaging type and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of ingredient type, the kombucha market is segmented into yeast, bacteria, mold and others.
- On the basis of product, the kombucha market is segmented into organic and non-organic.
- On the basis of type, the kombucha market is segmented into original and flavored.
- On the basis of flavor, the kombucha market is segmented into herbs and spices, citrus, berries, apple, coconut & mangoes and flowers.
- On the basis of packaging type, the kombucha market is segmented into glass bottles and cans.
- On the basis of distribution channel, the kombucha market is segmented into supermarkets/hypermarkets, convenience stores, health stores, online retailers and others.
Global Kombucha Market Country Level Analysis
The kombucha market is analyzed and market size, volume information is provided by country, ingredient type, product, type, flavor, packaging type and distribution channel as referenced above.
The countries covered in the global kombucha market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, 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 dominates the kombucha market because of the changing consumer preferences and the rising middle-class population within the region. Europe is expected to witness the fastest growth during the forecast period of 2021-2028 because of the rise in demand for sports and energy nutrition products among working professionals and new product developments in the region.
The country section of the 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 Kombucha Market Share Analysis
The 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 kombucha market.
The major players covered in the kombucha market report are KeVita.com; Asheville Kombucha Mamas, LLC; Buchi Kombucha; humm kombucha; Hain Celestial; Revive Kombucha; Kosmic Kombucha; LIVE Soda, LLC; Wonder Drink Kombucha; AUSTRALIAN ORGANIC FOOD & BEVERAGE CO PTY LTD; GT’S LIVING FOODS; THE COCA-COLA COMPANY; NessAlla Kombucha; The Bu Kombucha; BREW DR. KOMBUCHA; Health-Ade, LLC; Hudson River Foods, Inc.; Remedy Drinks and rok Kombucha among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.