The Europe Craft Soda Market would witness market growth of 4.8% CAGR during the forecast period (2022-2028).
The word "craft" often refers to a skill-based activity, such as manufacturing something by hand. When it comes to craft soda, one typically considers regionally manufactured drinks that provide a higher standard and a more genuine experience. For their specialty craft soda lines, several craft soda bottlers maintain a small batch philosophy.
For those who prefer soft drinks, artisanal soda also known as craft soda is among the best substitutes. The needs of today's consumers are evolving along with the times. The value of these items frequently stems from their meticulous preparation and careful ingredient choice in small amounts. However, on an industrial scale, big corporations are now placing their brands of craft soda on their product lists since they have long recognized the value of a vintage aesthetic.
According to a consumer-driven campaign, people want clarity about food. People want simple ingredient lists. The movement has revived interest in craft soda and commodities manufactured with natural sweeteners like stevia and agave, which are healthier. As a result, clean-label drinks are growing faster than traditional ones. Non-alcoholic and low-alcohol drinks are popular in European markets. Many Europeans want low-alcohol and sugar thirst-quenchers. The average Millennial's hectic lifestyle includes wanting to party yet not be hangover at work. In the future, non-alcoholic drinks would gain popularity, which are tempting health-conscious consumers looking for firm innovations that save calories and sugar. Due to changing tastes and preferences, the craft soda market would grow in the coming years.
The Germany market dominated the Europe Craft Soda Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $60.8 million by 2028. The UK market is showcasing a CAGR of 3.9% during (2022 - 2028). Additionally, The France market would register a CAGR of 5.6% during (2022 - 2028).
Based on Flavor, the market is segmented into Cola, Tropical Fruits, Berries and Others. Based on Packaging, the market is segmented into Glass, Cans, Plastic and Others. Based on Distribution Channel, the market is segmented into Off-Trade and On-Trade. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Craft Soda Market will Hit $901.2 Million by 2028, at a CAGR of 5.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., The Coca Cola Company, Reed’s, Inc., Jones Soda Co., Appalachian Brewing Company, The Original Craft Soda Company, SIPP eco beverage Co., Inc., and The Boylan Bottling Company.
By Flavor
By Packaging
By Distribution Channel
By Country
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