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5.1% CAGR to take Global Craft Soda Market to USD 1058.2 Mn by 2028

Craft soda, also known as specialty, small-batch, or artisanal soda, is a kind of soda drink brewed in small batches and contain natural ingredients, including natural sweeteners like pure cane sugar, stevia, and honey.

Craft sodas can cost three times as much as a traditional one and they often are in four packs, rather than six- or 12-packs. For instance, a four-pack of 12-ounce glass bottles of Dry Sparkling, a juniper-flavored soda, costs $5.99, for example, and contain less soda than a regular carbonated beverage. With traditional colas and other soft drinks under attack by nutritionists, craft soft drinks — also known as artisanal, specialty or small-batch soda — are capturing share by hyping premium and natural ingredients, creative flavors, limited runs, unusual packaging or their local roots.

Due to the COVID-19 pandemic, the global Craft Soda market size is estimated to be worth US$ 744 million in 2021 and is forecast to a readjusted size of US$ 1058.2 million by 2028 with a CAGR of 5.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Craft Soda market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Craft Soda landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Global Craft Soda key players include Pepsi Co, Reed’s, Inc., Appalachian Brewing Co, Boylan Bottling Co, etc. Global top four manufacturers hold a share about 8%.

North America is the largest market, with a share over 98%, followed by Europe, have a share about 1 percent.

In terms of product, Natural is the largest segment, with a share over 60%. And in terms of application, the largest application is Young Adults, followed by Teenagers, Middle-aged and Elderly, ect.

This report focuses on Craft Soda volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Craft Soda market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America and Europe., etc.

Request for a free sample or purchase this report at: https://www.themarketreports.com/report/global-craft-soda-market-research-report

The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Natural Craft Soda
  • Organic Craft Soda

Segment by Application

  • Teenagers
  • Young Adults
  • Middle-aged and Elderly

By Company

  • Pepsi
  • Jones Soda Co
  • Reed’s, Inc.
  • Appalachian Brewing Co
  • Boylan Bottling Co
  • SIPP eco beverage co. Inc.
  • Crooked Beverage Co.
  • JustCraft Soda
  • Gus
  • Q Drinks
  • Tuxen Brewing Company

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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