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According to our LPI (LP Information) latest study, the global Craft Soda market size was valued at US$ 727.8 million in 2023. With growing demand in downstream market, the Craft Soda is forecast to a readjusted size of US$ 1044.1 million by 2030 with a CAGR of 5.3% during review period.
The research report highlights the growth potential of the global Craft Soda market. Craft Soda are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Craft Soda. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Craft Soda market.
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.
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.
Key Features:
The report on Craft Soda market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Craft Soda market. It may include historical data, market Segmentation by Type (e.g., Natural Craft Soda, Organic Craft Soda), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Craft Soda market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Craft Soda market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Craft Soda industry. This include advancements in Craft Soda technology, Craft Soda new entrants, Craft Soda new investment, and other innovations that are shaping the future of Craft Soda.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Craft Soda market. It includes factors influencing customer ' purchasing decisions, preferences for Craft Soda product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Craft Soda market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Craft Soda market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Craft Soda market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Craft Soda industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Craft Soda market.
Market Segmentation:
Craft Soda market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Natural Craft Soda
- Organic Craft Soda
Segmentation by application
- Teenagers
- Young Adults
- Middle-aged and Elderly
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- 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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Craft Soda market?
What factors are driving Craft Soda market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Craft Soda market opportunities vary by end market size?
How does Craft Soda break out type, application?