Over the course of the projection period, the Kombucha Market share is expected to rise at a compound annual growth rate (CAGR) of 20.9%, posting an incremental growth of USD 4,693.89 million. Market Players will have enormous expansion prospects because of the health benefits of kombucha. In order to compete in the fragmented kombucha industry, manufacturers are implementing growth methods including lowering prices and growing their local consumer base.
Technavio’s report on “Kombucha Market by Distribution Channel and Geography - Forecast and Analysis 2023-2027” provides a detailed market analysis of the prevalent market forces, trends, and challenges that are likely to impact the market in focus.
Snapshot of Kombucha Market Analysis
The kombucha market is segmented by the following:
The offline segment of the kombucha market is expected to experience considerable increase throughout the projected period, as per the segmentation of distribution channels. Geographically, the rising consumer inclination for functional drinks will support the expansion of the kombucha market in North America.Over the course of the projection period, North America will account for 33% of the market's growth. The US is North America's largest kombucha market.
The market for kombucha will be directly impacted by its health benefits. Furthermore, the key kombucha market trends that will favorably affect the industry's expansion include things like innovative packaging and stepped-up marketing campaigns. However, elements like the availability of fake kombucha beverages would impede the expansion of the kombucha sector.
Some of the major kombucha market players are Asheville Kombucha Mamas LLC, Brew Dr. Kombucha, Drink Artisan Ltd., GTs Living Foods, Health Ade LLC, Holy Kombucha Inc., Humm Kombucha LLC, Kosmic Kombucha, LIVE Soda LLC, Margaret River Kombucha Co. Pty Ltd., NessAlla Kombucha, PepsiCo Inc., Red Bull GmbH, Remedy Drinks, Revive Drinks, Rowdy Mermaid Kombucha, Suja Life LLC, The coca-cola co., and The Hain Celestial Group Inc. that comes with wide range of offerings for the consumers. Our research comprises both qualitative and quantitative studies of core companies with a deeper comprehension of the business environment.
For insights on market size, growth momentum, potential for regional expansion, market player analysis, and other variables impacting market growth,Purchase our best-selling report on Kombucha Market.
Precise market size estimation during the forecast period 2023-2027.
CAGR of the kombucha market forecast during 2023-2027.
Market-level data on units, average selling prices, and values of the kombucha market share.
Prediction on the upcoming trends, drivers, and factors that challenge the growth of the kombucha market.
Kombucha industry growth across North America, Europe, APAC, South America, and Middle East and Africa.
