Global Kombucha Market Projected To Hit USD 8.80 Billion At A 14.4% CAGR By 2028- Report By Introspective Market Research

Market Overview:
The Kombucha market estimated at USD 3.43 Billion in the year 2021, is projected to reach a revised size of USD 8.80 Billion by 2028, growing at a CAGR of 14.4% over the analysis period 2022-2028. Analysis period {2023-2030}

Kombucha, also known as Kombucha tea, is a fermented beverage made from tea, sugar, bacteria and yeast. During the fermentation process, a culture of bacteria and yeast called a SCOBY is formed, creating a fizzy, sweet-sour, vinegar-flavoured drink. Kombucha is low in calories and contains beneficial lactic acid bacteria that act as a probiotic and provide B vitamins. It is a popular choice for those looking for a dairy-free probiotic and is increasingly available in stores. Due to the increasing market demand and health benefits, the kombucha industry is expected to experience significant growth in the future.

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Analysis of the Top Market Players:
Hain Celestial Group (US), KeVita Inc. (US), Cell - Nique Corporation (US), Kosmic Kombucha (US) , LIVE Soda LLC (US), GT's Kombucha (US), Makana Beverages Inc. (US), Nesalla Kombucha (US), Mother Kombucha (US), Pure Steeps Beverage LLC (US), Red Bull GmbH (Austria), Reeds Inc. (US), Revive Kombucha (US), The Humm Kombucha LLC (US), Townshend's Tea Company (US) and Other Major Players

Market Dynamics:
Driver:
The growing demand for kombucha is due to its health benefits, which have made it a popular choice among consumers. With the development of non-alcoholic organic Kombucha drinks, it has found its place alongside organic soft drinks and tea. Several studies have supported the positive effects of kombucha on gut health, calorie burning, belly fat reduction, blood sugar control and cholesterol reduction. The added benefits of increased metabolism, reduced inflammation and potential cancer prevention have increased its popularity. Millennials are especially interested in the appealing flavours of Kombucha, which is driving sales in supermarkets and health food stores.

Opportunities:
The kombucha market is growing significantly worldwide due to various factors. One of the main drivers is the increasing consumption of alcohol and other fermented beverages among the general population. Consumers are switching to functional drinks instead of carbonated drinks because they are aware of the nutritional value they offer. Kombucha's sour taste and fizzy nature make it a popular substitute for sodas and other fortified drinks. Its health benefits, such as better digestion and improved mood, as well as its unique flavour and effervescence, continue to fuel its growing popularity.

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Key Chapter Will Be Provided In The Report
• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis

Segmentation of The Kombucha Market
By Type
• Regular
• Flavored

By Source
• Yeast
• Mold
• Bacteria
• Other

By Distribution Channel
• Supermarkets & Hypermarkets
• Specialty Stores
• Convenience Stores
• Online Retail

Regional Analysis of The Kombucha Market
North America Dominates the Global Kombucha Market and The Region Is Expected to Maintain Its Dominance Over the Forecast Period. The North America Region with its countries like the United States and Canada registers the largest sales numbers in the Kombucha Market, these Sales in the region are on the rise because of kombucha's reputation as a health and energy drink. People in the region are getting more conscious about their health which is indicated by the declined sales of Soda, with a decline of more than 1.2 % in 2016 and a decline of more than 25% in the sales of full-calorie soda in the last 20 years.
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

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Key Industry Developments in the Kombucha Market
In June 2022, Remedy Drinks, the leading global maker of gut-friendly and no-sugar live-cultured drinks, announced its expansion throughout the U.S. with its presence across national retailers and multiple distribution channels. Additionally, the brand has also announced a new flavor, Mango Passion, to its refreshing range of sparkling kombucha drinks that will be craft-made and authentically brewed, and will be produced in small-batchs.

In July 2021, Nova Easy Kombucha, a brand manufacturing innovative beverage, launched its new product line of high-performance non-alcoholic kombucha that features a pre-workout 'Power' kombucha blend comprising naturally-derived caffeine to boost performance, and 'Recovery' blend, formulated with probiotics to promote a healthy gut. The products are designed for health-conscious consumers seeking an all-natural, and low-sugar option.

Key Points Covered in Kombucha Market Report:
• Kombucha Overview, Definition and Classification Market drivers and barriers
• Kombucha Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Kombucha Market
• Kombucha Capacity, Production, Revenue (Value) by Region (2023-2030)
• Kombucha Supply (Production), Consumption, Export, Import by Region (2023-2030)
• Kombucha Production, Revenue (Value), Price Trend by Type
• Kombucha Manufacturers Profiles/Analysis Kombucha Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing

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