The Asia Pacific Craft Soda Market would witness market growth of 5.6% CAGR during the forecast period (2022-2028).
Craft soda is an example of a specialty or premium beverage product that is upending the beverage industry and capturing an increasing market share, posing new difficulties for the more established mass producers of beverages. The appeal of artisanal sodas stems from a number of factors. First off, there has been a noticeable shift in consumer preferences, with people becoming more concerned with their health and drawn to higher-end goods. The demand from consumers for goods with natural elements rather than synthetic ones has increased. Additionally, people are becoming more conscious of their sugar intake. By providing beverage goods that satisfy these criteria, one can capitalize on these relatively recent consumer interests to boost beverage sales.
These days, young individuals are increasingly health conscious, and as a result, they favor drinking craft soda as a more wholesome alternative to standard soft drinks and alcoholic beverages. Craft soda is made in relatively small batches, and it can be easily distinguished due to the fact that it is packaged in bottles that contain natural tastes such as root beer, crème soda, ginger soda, and fruity flavors such as cherry, berry, orange, and so on. Crafted soda is a healthy alternative to carbonated drinks as well as to alcoholic beverages, and it is becoming increasingly popular.
Companies are also launching new, healthier soft drinks in the region. In recent decades, Coca-Cola and Pepsi re-entered India's non-alcoholic beverage sector. Since then, many Indian and multinational companies have tried to enter the market. India is a major market for beverage companies. Due to macroeconomic factors, India's non-alcoholic beverage sector is one of the world's fastest-growing. Low per capita consumption suggests a potential volume increase. Annual per capita bottle consumption is likely to rise in the soft drinks sector. These factors are anticipated to contribute to the growth of craft soda over the projection period.
The China market dominated the Asia Pacific Craft Soda Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $76.5 million by 2028. The Japan market is experiencing a CAGR of 5% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 6.2% during (2022 - 2028).
Based on Flavor, the market is segmented into Cola, Tropical Fruits, Berries and Others. Based on Packaging, the market is segmented into Glass, Cans, Plastic and Others. Based on Distribution Channel, the market is segmented into Off-Trade and On-Trade. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Craft Soda Market is Projected to reach USD 901.2 Million by 2028, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., The Coca Cola Company, Reed’s, Inc., Jones Soda Co., Appalachian Brewing Company, The Original Craft Soda Company, SIPP eco beverage Co., Inc., and The Boylan Bottling Company.
Scope of the Study
Market Segments Covered in the Report:
By Flavor
- Cola
- Tropical Fruits
- Berries
- Others
By Packaging
- Glass
- Cans
- Plastic
- Others
By Distribution Channel
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- PepsiCo, Inc.
- The Coca Cola Company
- Reed’s, Inc.
- Jones Soda Co.
- Appalachian Brewing Company
- The Original Craft Soda Company
- SIPP eco beverage Co., Inc.
- The Boylan Bottling Company
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Craft Soda Market, by Flavor
1.4.2 Europe Craft Soda Market, by Packaging
1.4.3 Europe Craft Soda Market, by Distribution Channel
1.4.4 Europe Craft Soda Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Craft Soda Market
Chapter 4. Europe Craft Soda Market by Flavor
4.1 Europe Cola Market by Country
4.2 Europe Tropical Fruits Market by Country
4.3 Europe Berries Market by Country
4.4 Europe Others Market by Country
Chapter 5. Europe Craft Soda Market by Packaging
5.1 Europe Glass Market by Country
5.2 Europe Cans Market by Country
5.3 Europe Plastic Market by Country
5.4 Europe Others Market by Country
Chapter 6. Europe Craft Soda Market by Distribution Channel
6.1 Europe Off-Trade Market by Country
6.2 Europe On-Trade Market by Country
Chapter 7. Europe Craft Soda Market by Country
7.1 Germany Craft Soda Market
7.1.1 Germany Craft Soda Market by Flavor
7.1.2 Germany Craft Soda Market by Packaging
7.1.3 Germany Craft Soda Market by Distribution Channel
7.2 UK Craft Soda Market
7.2.1 UK Craft Soda Market by Flavor
7.2.2 UK Craft Soda Market by Packaging
7.2.3 UK Craft Soda Market by Distribution Channel
7.3 France Craft Soda Market
7.3.1 France Craft Soda Market by Flavor
7.3.2 France Craft Soda Market by Packaging
7.3.3 France Craft Soda Market by Distribution Channel
7.4 Russia Craft Soda Market
7.4.1 Russia Craft Soda Market by Flavor
7.4.2 Russia Craft Soda Market by Packaging
7.4.3 Russia Craft Soda Market by Distribution Channel
7.5 Spain Craft Soda Market
7.5.1 Spain Craft Soda Market by Flavor
7.5.2 Spain Craft Soda Market by Packaging
7.5.3 Spain Craft Soda Market by Distribution Channel
7.6 Italy Craft Soda Market
7.6.1 Italy Craft Soda Market by Flavor
7.6.2 Italy Craft Soda Market by Packaging
7.6.3 Italy Craft Soda Market by Distribution Channel
7.7 Rest of Europe Craft Soda Market
7.7.1 Rest of Europe Craft Soda Market by Flavor
7.7.2 Rest of Europe Craft Soda Market by Packaging
7.7.3 Rest of Europe Craft Soda Market by Distribution Channel
Chapter 8. Company Profiles
8.1 PepsiCo, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.5.3 Acquisition and Mergers:
8.2 The Coca Cola Company
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Partnerships, Collaborations, and Agreements:
8.2.4.2 Product Launches and Product Expansions:
8.3 Appalachian Brewing Company
8.3.1 Company Overview
8.4 Reed’s, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Recent strategies and developments:
8.4.3.1 Partnerships, Collaborations, and Agreements:
8.4.3.2 Product Launches and Product Expansions:
8.5 The Original Craft Soda Company
8.5.1 Company Overview
8.6 SIPP eco beverage Co., Inc.
8.6.1 Company Overview
8.7 The Boylan Bottling Company
8.7.1 Company Overview
8.8 Jones Soda Co.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Product Launches and Product Expansions:
TABLE 1 Europe Craft Soda Market, 2018 - 2021, USD Million
TABLE 2 Europe Craft Soda Market, 2022 - 2028, USD Million
TABLE 3 Europe Craft Soda Market by Flavor, 2018 - 2021, USD Million
TABLE 4 Europe Craft Soda Market by Flavor, 2022 - 2028, USD Million
TABLE 5 Europe Cola Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Cola Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Tropical Fruits Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Tropical Fruits Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Berries Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Berries Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Craft Soda Market by Packaging, 2018 - 2021, USD Million
TABLE 14 Europe Craft Soda Market by Packaging, 2022 - 2028, USD Million
TABLE 15 Europe Glass Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Glass Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Cans Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Cans Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Plastic Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Plastic Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Craft Soda Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 24 Europe Craft Soda Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 25 Europe Off-Trade Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Off-Trade Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe On-Trade Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe On-Trade Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Craft Soda Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Craft Soda Market by Country, 2022 - 2028, USD Million
TABLE 31 Germany Craft Soda Market, 2018 - 2021, USD Million
TABLE 32 Germany Craft Soda Market, 2022 - 2028, USD Million
TABLE 33 Germany Craft Soda Market by Flavor, 2018 - 2021, USD Million
TABLE 34 Germany Craft Soda Market by Flavor, 2022 - 2028, USD Million
TABLE 35 Germany Craft Soda Market by Packaging, 2018 - 2021, USD Million
TABLE 36 Germany Craft Soda Market by Packaging, 2022 - 2028, USD Million
TABLE 37 Germany Craft Soda Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 38 Germany Craft Soda Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 39 UK Craft Soda Market, 2018 - 2021, USD Million
TABLE 40 UK Craft Soda Market, 2022 - 2028, USD Million
TABLE 41 UK Craft Soda Market by Flavor, 2018 - 2021, USD Million
TABLE 42 UK Craft Soda Market by Flavor, 2022 - 2028, USD Million
TABLE 43 UK Craft Soda Market by Packaging, 2018 - 2021, USD Million
TABLE 44 UK Craft Soda Market by Packaging, 2022 - 2028, USD Million
TABLE 45 UK Craft Soda Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 46 UK Craft Soda Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 47 France Craft Soda Market, 2018 - 2021, USD Million
TABLE 48 France Craft Soda Market, 2022 - 2028, USD Million
TABLE 49 France Craft Soda Market by Flavor, 2018 - 2021, USD Million
TABLE 50 France Craft Soda Market by Flavor, 2022 - 2028, USD Million
TABLE 51 France Craft Soda Market by Packaging, 2018 - 2021, USD Million
TABLE 52 France Craft Soda Market by Packaging, 2022 - 2028, USD Million
TABLE 53 France Craft Soda Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 54 France Craft Soda Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 55 Russia Craft Soda Market, 2018 - 2021, USD Million
TABLE 56 Russia Craft Soda Market, 2022 - 2028, USD Million
TABLE 57 Russia Craft Soda Market by Flavor, 2018 - 2021, USD Million
TABLE 58 Russia Craft Soda Market by Flavor, 2022 - 2028, USD Million
TABLE 59 Russia Craft Soda Market by Packaging, 2018 - 2021, USD Million
TABLE 60 Russia Craft Soda Market by Packaging, 2022 - 2028, USD Million
TABLE 61 Russia Craft Soda Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 62 Russia Craft Soda Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 63 Spain Craft Soda Market, 2018 - 2021, USD Million
TABLE 64 Spain Craft Soda Market, 2022 - 2028, USD Million
TABLE 65 Spain Craft Soda Market by Flavor, 2018 - 2021, USD Million
TABLE 66 Spain Craft Soda Market by Flavor, 2022 - 2028, USD Million
TABLE 67 Spain Craft Soda Market by Packaging, 2018 - 2021, USD Million
TABLE 68 Spain Craft Soda Market by Packaging, 2022 - 2028, USD Million
TABLE 69 Spain Craft Soda Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Spain Craft Soda Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Italy Craft Soda Market, 2018 - 2021, USD Million
TABLE 72 Italy Craft Soda Market, 2022 - 2028, USD Million
TABLE 73 Italy Craft Soda Market by Flavor, 2018 - 2021, USD Million
TABLE 74 Italy Craft Soda Market by Flavor, 2022 - 2028, USD Million
TABLE 75 Italy Craft Soda Market by Packaging, 2018 - 2021, USD Million
TABLE 76 Italy Craft Soda Market by Packaging, 2022 - 2028, USD Million
TABLE 77 Italy Craft Soda Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 78 Italy Craft Soda Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Craft Soda Market, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Craft Soda Market, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Craft Soda Market by Flavor, 2018 - 2021, USD Million
TABLE 82 Rest of Europe Craft Soda Market by Flavor, 2022 - 2028, USD Million
TABLE 83 Rest of Europe Craft Soda Market by Packaging, 2018 - 2021, USD Million
TABLE 84 Rest of Europe Craft Soda Market by Packaging, 2022 - 2028, USD Million
TABLE 85 Rest of Europe Craft Soda Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 86 Rest of Europe Craft Soda Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 87 key information – PepsiCo, Inc.
TABLE 88 key information – The Coca Cola Company
TABLE 89 Key Information – Appalachian Brewing Company
TABLE 90 Key Information – Reed’s, Inc.
TABLE 91 Key Information – The Original Craft Soda Company
TABLE 92 Key Information – SIPP eco beverage Co., Inc.
TABLE 93 Key Information – The Boylan Bottling Company
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: PepsiCo, Inc.
FIG 3 Recent strategies and developments: Reed’s, Inc.