USD 2.59 billion
Report ID:
SQMIG30F2020 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
86
|Figures:
76
Global Kombucha Market size was valued at USD 2.59 billion in 2021 and is poised to grow from USD 3 billion in 2022 to USD 9.62 billion by 2030, growing at a CAGR of 15.7% in the forecast period (2023-2030).
Kombucha is a fermented tea beverage made by adding a symbiotic culture of bacteria and yeast (SCOBY) to sweetened tea. The fermentation process produces a tangy, slightly sweet drink that is believed to have several health benefits, including improved digestion and immune function. Kombucha has gained popularity in recent years as a healthier alternative to soda and other sugary drinks. It is available in a variety of flavors and is often sold in health food stores and supermarkets. In terms of regional market share, North America and Europe are the largest markets for kombucha. In North America, the United States accounts for the 40% of the market share, while in Europe, Germany is the largest market. These regions are expected to dominate the market in the coming years, although Asia-Pacific is expected to see significant growth in the market share. Within the Asia-Pacific region, China is expected to be the largest market for kombucha due to the increasing popularity of healthy beverages among consumers. Other countries in the region, such as India, Japan, and Australia, are also expected to see growth in the market.
Global Market Size
USD 2.59 billion
Largest Segment
Traditional Kombucha
Fastest Growth
Traditional Kombucha
Growth Rate
15.7% CAGR
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Global Kombucha market is segmented by type, flavor, distribution channel, and region. Based on type, the market can be segmented into traditional kombucha and flavoured kombucha. Based on flavor, the market is segmented into berry, and citrus. Based on distribution channel, the market is segmented into Offline retail and Online retail. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Analysis by Type
By type, the market can be segmented into traditional kombucha and flavoured kombucha. Traditional kombucha dominated the market due to its original form and longer history of consumption. The traditional kombucha market has a well-established customer base, and consumers tend to trust the original form of the beverage over the flavored variants. Additionally, traditional kombucha is associated with various health benefits, including improved gut health, better digestion, and boosted immunity.
Flavored kombucha, on the other hand, is the fastest-growing segment of the kombucha market. The flavored kombucha segment has grown significantly in recent years, and the trend is expected to continue. Flavored kombucha appeals to a broader audience due to its unique taste, and it provides kombucha manufacturers with the opportunity to experiment with different flavors and ingredients. Additionally, flavored kombucha is often marketed as a healthier alternative to sugary beverages, which has contributed to its growing popularity.
Analysis by Flavor
By flavor, the market can be segmented into berry and citrus. Berry-flavored kombucha dominated the market, primarily due to its popularity in North America and Europe, where consumers have a preference for fruit-based beverages. The berry flavor category includes various types of berries, such as strawberry, blueberry, raspberry, and others, which provide consumers with a range of options to choose from. Additionally, berry-flavored kombucha is often marketed as a healthy alternative to sugary fruit juices and sodas, which has contributed to its growing popularity. Citrus-flavored kombucha is the fastest-growing flavor category in the market. Citrus flavors, such as lemon, lime, and grapefruit, have gained popularity due to their refreshing taste and perceived health benefits. Citrus fruits are a rich source of vitamin C, which is essential for the immune system, and consumers often choose citrus-flavored kombucha as a way to boost their immunity. Additionally, the trend towards natural and organic beverages has contributed to the growing popularity of citrus-flavored kombucha.
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North America dominated the global market, with a significant demand for healthy beverages among consumers. The market is expected to continue to grow due to increasing awareness of the health benefits of kombucha and the rising popularity of functional beverages.
On other hand, APAC is the fastest-growing market for kombucha due to the increasing demand for healthy and natural beverages. Other countries in the region, such as Japan and India, are also seeing growth in the market, driven by factors such as rising disposable incomes, increasing awareness of the health benefits of kombucha, and growing health-consciousness among consumers.
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Drivers
Increasing consumer awareness about the health benefits
Restraints
Limited availability of raw materials
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The global kombucha market is highly competitive, with a large number of regional and international players operating in the market. The market is characterized by the presence of several established players, as well as many new entrants, which are introducing innovative and unique flavors and packaging to attract customers. To remain competitive, players in the kombucha market are focusing on product innovation, expanding their distribution channels, and investing in marketing and promotional activities. They are also increasingly adopting sustainable practices to appeal to environmentally-conscious consumers.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global kombucha market analysis, the market is driven by increasing consumer awareness of the health benefits of kombucha, as well as a growing interest in natural and functional beverage options. The market is highly competitive, with many established players and new entrants offering unique flavors and packaging to attract customers. Key market trends include the popularity of low-sugar and sugar-free products, as well as the adoption of sustainable practices. The market is expected to continue to grow in the coming years as demand for healthier beverage options increases.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 2.59 billion |
Market size value in 2031 | USD 9.62 billion |
Growth Rate | 15.7% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Kombucha Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Kombucha Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Kombucha Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Kombucha Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG30F2020
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