World kombucha tea market generated $2.3 billion in 2020, and is predicted to achieve $4.5 billion by 2028, manifesting a CAGR of 8.6% from 2021 to 2028.
WILMINGTON, DELAWARE, UNITED STATES, Could 3, 2024 /EINPresswire.com/ — The demand for kombucha tea is anticipated to rise through the forecast interval, because it presents a number of well being advantages to shoppers. Improve within the variety of eating places and cafés & bars serving kombucha tea is anticipated to drive the market. Area-wise, North America amassed the utmost share in 2020, and is anticipated to dominate the market through the forecast interval.
Kombucha tea is a fermented inexperienced tea or black tea, which is related to a variety of health-promoting advantages such because it helps to spice up immunity and protects in opposition to most cancers. Growth of distribution channels similar to on-line shops, supermarkets, hypermarkets, and meals service has made kombucha tea simply obtainable to clients, which, in flip, contributes towards the market progress. Furthermore, ready-to-drink kombucha tea is without doubt one of the new traits gaining excessive traction within the world market.
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Key gamers of the worldwide kombucha tea market analyzed within the analysis embody Treatment Drinks, The Coca-Cola Firm, Humm Kombucha, LIVE Kombucha Soda, Asheville Kombucha Mamas, LL, Marin Kombucha, PepsiCo, Inc., Toyo Kombucha, GT’s Dwelling Meals, and Brew Dr. Kombucha.
The outbreak of coronavirus has positively impacted the kombucha tea market together with all levels of provide chain and worth chain. Owing to the COVID-19 outbreak, shoppers have turn out to be extra involved about their total well being & wellness. That is attributed to the truth that they’ve acknowledged that COVID-19 is impacting their psychological & bodily well-being. This, in flip, is propelling the demand for wellness drinks, together with kombucha tea, which is anticipated to spice up the expansion of the worldwide kombucha tea market.
COVID-19 state of affairs:
The pandemic elevated the notice about their well being and health. This has created a surge in a requirement for kombucha tea throughout the globe, particularly in North America.
Demand for useful drinks through the pandemic has motivated market gamers to spice up manufacturing to fulfill the demand.
Nevertheless, poor transportation amenities and lack of workforce hindered the manufacturing and provide chains.
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The report segments the worldwide kombucha tea market on the premise of nature, product kind, gross sales channel, and area.
Primarily based on product kind, the flavored section accounted for the biggest market share in 2020, contributing to greater than two-thirds of the overall share, and is anticipated to keep up the lead all through the forecast interval. The identical is estimated to witness the quickest CAGR of 9.2% from 2021 to 2028. The report additionally covers the common product kind section.
Primarily based on nature, the traditional section contributed to the very best market share in 2020, attributing to greater than four-fifths of the overall market share, and is anticipated to dominate the market through the forecast interval. Alternatively, the natural section is anticipated to manifest the quickest CAGR of 13.4% from 2021 to 2028.
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Primarily based on area, North America contributed to the very best share in 2020, holding greater than two-fifths of the overall share, and is anticipated to keep up dominance all through the forecast interval. The worldwide kombucha tea market throughout Europe is anticipated to exhibit the quickest CAGR of 11.9% through the forecast interval.
David Correa
Allied Market Analysis
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