North America Craft Soda Market Size, Share & Industry Trends Analysis Report By Flavor (Cola, Tropical Fruits, Berries and Others), By Packaging (Glass, Cans, Plastic), By Distribution Channel, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Craft Soda Market would witness market growth of 4.6% CAGR during the forecast period (2022-2028).
Craft soda is a soft drink made from natural ingredients in small batches. Most often manufactured without sucrose or high-fructose corn syrup, craft soda has only trace levels of preservatives. Craft soda frequently uses novel flavors and ingredients. According to some of the research, makers of craft soda must be independent of large soft drink producers, authentic, tiny, or even local market-only. Even still, those large corporations are making various efforts to cash in on the popularity of these kinds of beverages with products that resemble artisan sodas.
A general trend towards adopting a healthy lifestyle as well as drinking healthier beverages translates to a change toward consuming healthier meals & beverages. This demand is met by craft soda because it is typically created with natural ingredients, some of which boost energy or have other particular health advantages.
Beverages, especially water, are an important part of a healthy diet. It not only keeps people hydrated, but depending on what people drink, it can also give them vitamins, energy, and minerals. For example, the 2015 Canadian Community Health Survey (CCHS) was the first time in a decade that nutrition, food, and drink consumption was recorded using a 24-hour recall. Previous analyses of the 2004 CCHS – Nutrition and the 2015 CCHS – Nutrition show that changes in the way people drink can explain some of the changes in how many calories they eat and how much sugar they eat overall. Owing to this, the regional market is predicted to expand in the upcoming years.
The US market dominated the North America Craft Soda Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $218.6 million by 2028. The Canada market is exhibiting a CAGR of 7% during (2022 - 2028). Additionally, The Mexico market would experience a CAGR of 6.1% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Craft Soda Market is Predict to reach $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.
Scope of the Study
Market Segments Covered in the Report:
- Tropical Fruits
By Distribution Channel
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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.
- The Boylan Bottling Company
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