According to a new report, published by KBV research, The Global Hard Kombucha Market size is expected to reach $367.7 million by 2028, rising at a market growth of 40.1% CAGR during the forecast period.
The Organic market is exhibiting a CAGR of 40.9% during (2022 - 2028). Because kombucha is becoming more and more popular with consumers, more companies are anticipated to produce it with an organic label. Most informed consumers have started looking for organic items as a result of growing public awareness of the harmful effects of synthetic products on human health and the environment.
The Flavored market is leading the segment in the Global Hard Kombucha Market by Product Type in 2021; thereby, achieving a market value of $280.1 Million by 2028. The increasing tendency of consumer preferences for flavors, taste, healthy ingredients, and quality, is propelling the development of the flavored kombucha segment. In addition, expanding expendable income enables customers to try new flavors in foods & beverages daily.
The Food Service market is showcasing a CAGR of 41.4% during (2022 - 2028). Consumers' rising consumption of drinks with a moderate alcohol content, especially among millennials and the younger generation, is driving market demand. People are drinking less alcohol and are more soberly interested, which has increased the market for low-alcohol beverages.
The North America market dominated the Global Hard Kombucha Market by Region in 2021; thereby, achieving a market value of $133.1 Million by 2028. The Europe market is poised to grow at a CAGR of 40.6% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 41.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/hard-kombucha-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Boochcraft, Unity Vibration Kombucha, Flying Embers, Odell Brewing Co., Remedy Drinks, Jiant, GT’S Living Goods LLC, Buddha's Brew, Inc. and Ummi kombucha (Exotic Margin SA)
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Companies Profiled
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