At a CAGR of 23.1%, Kombucha Market Trend 2030 : Increasing Awareness of The Health Denefits | Reports and Data

The global Kombucha Market is expected to reach USD 19.26 Billion by 2030, according to a new report by Reports and Data. This can be mainly associated with the growing demand in developing economies inclination towards preventive healthcare and increasing awareness of the health benefits of kombucha consumption. Komchucha offers a range of health benefits. For instance, Kombucha, particularly with green tea, affects as an antioxidant in the liver, reducing the liver toxicity caused by toxic chemicals, sometimes by at least 70%. The beverage is mostly consumed by dancers and athletes, as they often suffer from arthritis pains muscle strains, and common aches.

A belief that the benefits of kombucha are common to drinking other teas or having any other fermented foods, may hinder the growth of the market during the forecast period. On August 2017, KeVita introduced its new products Roots Beer and Blueberry Basil for their Brew Kombucha product lines. On December 2016, Humm Kombucha opened their new production facility which is of 4000 sq. foot area and capable of filling up 1.5 million bottles/ month, allowing the company to double its production. This is supposed to increase the production capacity of the company.

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Key Players covered in this report are: GT’s Living Foods, KeVita.com, Brew Dr. Kombucha, Humm Kombucha, Reeds Inc., Suja Life, LLC, NessAlla Kombucha, Revive Drinks, Remedy Drinks., and Hain Celestial.

Further key findings from the report suggest

• By distribution channels the market is segmented into supermarkets, health stores, online stores and others. The supermarkets played a prominent role in distributing this product in 2018, and will witness a growth rate of 23.1% during the forecast period. Several retailers have tied up with brewers for the distribution of this beverage.
• By flavor the market is segmented into original and flavored (herbs and spices, citrus, berries, flowers, apple, coconut, mangoes and others). The flavored products are gaining popularity due to innovations in tastes and flavors by producers, and are expected to witness a higher growth rate of 18.9% during the forecast period.
• By packaging the market is segmented into glass bottles and cans. The cans segment is expected to witness the highest market growth, and is expected to grow at a CAGR of 18.7% during the forecast period.
• By applications the market is segmented into beverages, baked goods, confectionery, dairy products and processed foods. The beverage segment holds the largest share of the market in 2018 and will witness a growth rate of 15.3% during the forecast period, since it is preferred mostly with tea, particularly green tea.
• Regional segmentation is based on North America, Europe, Asia Pacific and Latin America. North America dominates the global market, in 2018 with 29.0% of the market, which is attributed to the consumption of kombucha as a health drink.

Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)

• • Natural
  • Flavored

Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)

• • Dairy Products
  • Beverages
  • Bakery and Confectionery
  • Processed Foods
  • Others

Distribution Channel (Revenue, USD Billion; Volume, Kilo Tons; 2019-2030)

• • Hypermarkets or Supermarkets
  • Convenience Stores
  • Online Stores
  • Pharmacies and Medical Stores

Key Regional Markets Covered in the Report:

• North America (U.S., Canada, Mexico)
• Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Major Points covered in this report are as below:

• The Kombucha industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.

• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.

• The Kombucha Market report provides key statistics on the market status of the Kombucha manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

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