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Booming Kombucha Market Health Benefits and Diverse Flavors Drives Growth

Wednesday, May 01, 2024 09:30 AM | GlobeNewswire via QuoteMedia

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.

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.

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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.

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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.

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