Kombucha Market to grow by USD 3.56 Billion from 2021 to 2026 | Asheville Kombucha Mamas LLC, Brew Dr. Kombucha, Drink Artisan Ltd. and more among the key companies in the market – Technavio
NEW YORK, Nov. 14, 2023 /PRNewswire/ — The kombucha market size is to grow by USD 3.56 billion from 2021 to 2026 and register a CAGR of 19.36%, according to Technavio’s latest market research report estimates. Some of the major companies in the kombucha market include 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. To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 companies operating in the market. To leverage the current opportunities, market companies must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the kombucha market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.Technavio offers an up-to-date analysis of the current global market scenario and the overall market environment. Read Sample Report
Kombucha Market 2021-2026: Segmentation
Distribution ChannelOfflineOnlineType OrganicNon-OrganicGeography North AmericaEuropeAPACSouth AmericaMiddle East and Africa
The kombucha market share growth by the offline segment will be significant during the forecast period. This segment includes hypermarkets, convenience stores, and supermarkets. The main factor for the growth is the convenient location of these stores near residential areas. However, the growing popularity of hypermarkets and hypermarkets, where consumers tend to buy in bulk, has caused sales in other channels to decline. In addition, the increase in numbers worldwide is due to increasing urbanization and changing lifestyles of consumers.
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Special coverage on the Russia–Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recessionGlobal competitiveness and key competitor positionsMarket presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report
Kombucha Market 2022-2026: Market Dynamics
Key Drivers
The health benefits of kombucha are key factors driving market growth. Kombucha promotes healthy digestion, due to fermentation with a live population of bacteria and yeast. The effects of glucuronic acid digestive are increased because of the enzymes contained in it which help break down proteins and saccharides, increasing the efficiency of the digestive system. In addition, the antioxidants protect the body from related diseases and inflammation by neutralizing the effects of free oxygen radicals. Kombucha also helps to eliminate toxins and further boost energy levels through the formation of iron, which is released during fermentation. Hence, these factors are expected to drive market growth during the forecast period.
Major Trends- Packaging innovations and increasing marketing initiatives is a major trend in the market.
Major Challenge- The availability of counterfeit kombucha drinks is one of the significant challenges restricting the market growth.
Kombucha Market 2022-2026: Key Highlights
CAGR of the market during the forecast period 2022-2026Detailed information on factors that will assist kombucha market growth during the next five yearsEstimation of the kombucha market size and its contribution to the parent marketPredictions on upcoming trends and changes in consumer behaviorThe growth of the kombucha marketAnalysis of the market’s competitive landscape and detailed information on companiesComprehensive details of factors that will challenge the growth of kombucha market companies.
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Table of Contents
Executive Summary
Market Landscape
Market Sizing
Historic Market Size
Five Forces Analysis
Market Segmentation by Distribution Channel
Market Segmentation by Type
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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SOURCE Technavio