The Global Craft Soda Market is Predict to reach $901.2 Million by 2028, at a CAGR of 5.2%

Published Date: 24-Nov-2022

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Craft Soda Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Craft Soda Market size is expected to reach $901.2 million by 2028, rising at a market growth of 5.2% CAGR during the forecast period.

The Tropical Fruits market is showcasing a CAGR of 5.4% during (2022 - 2028). The worldwide industry has seen considerable developments in terms of improvements to products and services. Organizations are launching innovative tastes while keeping consumers' health and well-being in mind in order to address the market's rising challenges and dynamic consumer choices.

The Glass market acquired the high revenue share in the Global Craft Soda Market by Packaging in 2021, thereby, achieving a market value of $454.7 million by 2028. Craft soda stored in glass bottles helps to maintain the level of carbon dioxide concentration within the beverage for an extended period of time, which ensures that neither the taste nor the quality of the product is compromised. Glass bottles typically come in appealing packaging and are fairly convenient; as a result, customers like and feel more at ease with these products.

The On-Trade market has high growth rate of 6.3% during (2022 - 2028). The increased use of soda at public establishments including restaurants, bars, hotels, and nightclubs is the primary force behind the segment's expansion. The consumers prefer drinking craft sodas and other carbonated beverages while dining out or staying in hotels. It is anticipated that the industry will experience growth throughout the forecast period as a result of sustained increases in consumers' disposable personal income.

The North America market dominated the Global Craft Soda Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $303 million by 2028. The Europe market is anticipated to grow at a CAGR of 4.8% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 5.6% during (2022 - 2028).

Full Report: https://www.kbvresearch.com/craft-soda-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Craft Soda Market Segmentation

By Flavor

  • Cola
  • Tropical Fruits
  • Berries
  • Others

By Packaging

  • Glass
  • Cans
  • Plastic
  • Others

By Distribution Channel

  • Off-Trade
  • On-Trade

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • 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

Unique Offerings from KBV Research

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Related Reports:

North America Craft Soda Market Future Scope & Opportunities 2022-2028

Europe Craft Soda Market Size & Growth Forecast 2022-2028

Asia Pacific Craft Soda Market Size, Share & Industry Outlook to 2028

LAMEA Craft Soda Market Growth, Trends & Forecasts 2022-2028

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