Booming Kombucha Market Health Benefits and Diverse Flavors Drives Growth
The kombucha market size is expected to nearly double in size by 2029. In 2024, the market was estimated at US$2.4 billion, and it's projected to reach US$5.9 billion by 2029. Growing at a rate of 19.4% during the forecast period.
/EIN News/ -- Chicago, May 01, 2024 (GLOBE NEWSWIRE) -- Kombucha is a type of fermented tea that has gained popularity for its potential health benefits. It is made by fermenting sweetened tea with a symbiotic culture of bacteria and yeast (SCOBY). During the fermentation process, the SCOBY consumes the sugars in the tea, producing various acids and enzymes. This results in a tangy, slightly effervescent beverage with a unique flavor profile. The global kombucha market is estimated at $2.4 billion in 2024 and is projected to reach $5.9 billion by 2029, at a CAGR of 19.4% during the forecast period.
Kombucha is often consumed for its probiotic properties, which may support gut health, although scientific research on its benefits is ongoing. Additionally, kombucha can be flavored with fruits, herbs, or spices to create different taste variations.
Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=211406364
Key Players in Kombucha Market
- GT's Living Foods (US)
- Brew Dr. (US)
- SYSTM Foods Inc. (US)
- Health-Ade LLC (US)
- Tropicana Brands Group (US)
- MOMO Kombucha (UK)
- GO Kombucha (UK)
- Harris Freeman (US)
- Kosmic Kombucha (US)
- Equinox Kombucha (UK)
- Remedy Drinks (Australia)
- Soulfresh Global Pty Ltd (Australia)
Conventional Kombucha Leads the Charge, Backed by Perceived Health Benefits
The conventional kombucha segment holds the largest market share, capitalizing on the widely recognized health benefits associated with the fermentation process. Kombucha's rich composition of polyphenols, organic acids, and vitamins positions it as a natural and nutrient-rich option for health-conscious consumers.
Flavored Kombucha Segment to Witness the Fastest Growth
The flavored kombucha segment is poised for the fastest growth rate. This segment caters to a wider audience by offering a variety of exciting taste profiles, from fruity and floral to spicy and tangy. Flavored kombucha not only broadens consumer choice but also serves as an entry point for those new to the beverage. Additionally, the inclusion of flavors like hibiscus and ginger enhances the drink's nutritional value by incorporating specific health benefits associated with each ingredient.
Online Retailers Emerge as the Leading Distribution Channel
The online retail segment is experiencing explosive growth within the kombucha market. This surge is primarily driven by the convenience and ease of access offered by e-commerce platforms. Online retailers provide a vast selection of kombucha products, catering to a variety of dietary needs and health preferences. Furthermore, detailed product descriptions, customer reviews, and doorstep delivery options further enhance the online buying experience.
Request Sample Pages of Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=211406364
North America Takes the Lead in Kombucha Consumption
The North American region currently holds the largest market share for kombucha. This dominance can be attributed to the increasing health consciousness among consumers, particularly regarding gut health and overall well-being. The growing demand for natural and organic products further strengthens the market for organic kombucha, offering a healthier alternative to sugary sodas and artificially flavored drinks.
Browse Related Reports:
Nutraceutical Ingredients Market
Functional Food Ingredients Market
Food and Beverage Market Research Reports
About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.com
EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.