kombucha market

What Health Benefits Are Driving the Kombucha Market to Reach $12.36 Billion by 2031?

Kombucha Market - 2024-2031 Meticulous Research , a leading global market research firm, has released its latest report on the global kombucha market, titled Kombucha Market Global Opportunity Analysis and Industry Forecast (2024-2031). According to the findings, the kombucha market is poised to grow at a remarkable rate, reaching $12.36 billion by 2031, with a compound annual growth rate (CAGR) of 19.9% from 2024 to 2031. Request For Sample Report: https://www.meticulousresearch.com/request-sample- report/cp_id=6029? Key Market Drivers and Challenges: The growth of the kombucha market is largely driven by several key factors. An increasing health consciousness among consumers, particularly in Western countries, has fueled the demand for functional beverages that offer health benefits. Additionally, the rising popularity of fermented tea beverages like kombucha, known for their probiotic content and gut health benefits, has significantly contributed to this market expansion. The growing shift towards natural and organic products also plays a critical role in boosting kombucha s demand. Moreover, rising concerns over gastrointestinal health are prompting many consumers to embrace kombucha as a natural alternative to conventional soft drinks. However, despite these drivers, the market faces certain hurdles. Strict regulatory requirements around production processes and health claims, coupled with high production costs, are limiting growth. Additionally, taste preferences vary greatly among consumers, creating challenges for brands to cater to diverse needs. Consumer Preferences and Market Trends: One of the most notable trends in the kombucha market is the growing inclination of consumers toward functional beverages. These beverages, which go beyond hydration to provide specific health benefits, align perfectly with the rising interest in wellness and organic products. Additionally, consumers are exploring a variety of flavors, which has led to a surge in demand for flavored kombucha. These new and innovative beverages offer not just taste but also functional properties, such as improved digestion and boosted immunity. Market Segmentation and Key Players: The kombucha market is divided into several segments, including product type, flavor, nature, packaging type, and distribution channels. Each of these segments plays a vital role in shaping the market's current and future landscape. Product Type: The conventional kombucha segment is expected to hold a dominant share of the market, accounting for 96.7% of the market in 2024. The popularity of conventional kombucha is largely driven by its affordability, consumer familiarity, and rich probiotic content, which aligns with the growing focus on gut health. Flavor: Among the types of kombucha, flavored variants are expected to capture a significant market share in 2024. The growing preference for innovative, premium beverages Page 1 of 3 Meticulous Research| sales@meticulousresearch.com

Kombucha Market - 2024-2031 and the health-conscious consumer s interest in functional ingredients contribute to the rising demand for flavored kombucha. Nature: Organic kombucha is anticipated to lead the market due to the increasing consumer demand for organic and sustainable products. Organic kombucha offers health- conscious consumers a choice free from synthetic pesticides and fertilizers, further aligning with global sustainability trends. Packaging Type: Bottles, especially glass bottles, dominate the kombucha packaging segment. Glass bottles not only help preserve the flavor and quality of the beverage but also enhance its premium image. Their ability to protect against light and air while showcasing the effervescence and natural color of kombucha makes them the preferred choice for both manufacturers and consumers. Distribution Channels: Supermarkets and hypermarkets are expected to maintain the largest share in the kombucha distribution market. These retail outlets are expanding their shelf space for kombucha products, making it easier for consumers to access these beverages. The vast distribution networks of supermarkets and hypermarkets also ensure that kombucha products reach a wide audience in various regions. Regional Market Dynamics: The kombucha market is analyzed across several key regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America: This region is expected to maintain its dominant position, holding 48.6% of the global market in 2024. The North American kombucha market is forecast to be valued at $1,685.3 million in 2024, driven by a strong food and beverage industry, growing awareness about the health benefits of kombucha, and the increasing demand for low-calorie, non- carbonated beverages. The rising prevalence of obesity and other health issues is prompting consumers in the region to opt for healthier beverage alternatives. Europe and Asia-Pacific: Europe and Asia-Pacific are expected to follow North America in market share. The European market is growing rapidly due to rising health awareness and a preference for organic and functional beverages. In Asia-Pacific, countries like China and Japan are increasingly adopting kombucha, particularly due to the strong cultural connection with fermented foods and beverages. Latin America and the Middle East & Africa: Although kombucha consumption in these regions is currently limited, the market is showing signs of growth as more consumers become aware of the health benefits associated with kombucha. Competitive Landscape: The kombucha market features a highly competitive environment, with both global and regional players vying for market share. Leading companies in the kombucha space include The Coca-Cola Company, PepsiCo Inc., Molson Coors Beverage Company, The Hain Celestial Group, Health-Ade LLC, Reed's Inc., GT s Living Foods LLC, Brew Page 2 of 3 Meticulous Research| sales@meticulousresearch.com

Kombucha Market - 2024-2031 Dr. Kombucha, and Remedy Drinks Pty LTD. These companies are engaged in product innovation, strategic partnerships, and expanding their distribution networks to strengthen their market presence. Buy Now: https://www.meticulousresearch.com/Checkout/34235575? About Meticulous Research Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to detail. With meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 Meticulous Research| sales@meticulousresearch.com