The kombucha market is gaining popularity owing to its various health benefits such as high antioxidant levels, presence of probiotics, and detoxification properties. Kombucha helps promote gut health, boost immunity, hydrate the body and provides a pleasant taste.
The Global Kombucha Market Size is estimated to be valued at US$ 3.92 billion in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Rising health consciousness among people has been a major factor fueling the growth of the kombucha market. Increasing awareness about various health benefits of kombucha such as improved digestion, detoxification and boosted immunity has accelerated its demand. Kombucha aids colon health due to the presence of probiotics and is also known to hydrate the body naturally making it popular among health conscious people. Additionally, the availability of kombucha in various innovative flavors has attracted many young consumers towards this niche beverage. Growing inclination towards organic and plant-based products is another key trend driving the kombucha market.
Segment Analysis
The global kombucha market is dominated by the organic segment. Due to increasing consumer preference for organic and natural products, the organic segment accounts for over 65% share of the global market. With rising health consciousness, consumers are switching to organic kombucha owing to its organic ingredients and potential health benefits.
Key Takeaways
The global kombucha market is expected to witness high growth over the forecast period of 2024 to 2031. The market is driven by rising awareness about the health benefits of kombucha and growth in commercial production of kombucha drinks. The global Kombucha Market is estimated to be valued at US$ 3.92 billion in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2024 to 2031.
Regional analysis
North America currently dominates the global kombucha market, accounting for over 40% share. The US is the major revenue generating country due to high consumer awareness and demand for healthy beverage alternatives. Europe is the second largest and fastest growing regional market for kombucha due to rising popularity of probiotic drinks in countries like Germany, UK and France.
Key players
Key players operating in the kombucha market are Vinci, Bouygues, Grupo ACS, Hochtief, Balfour Beatty, Laing O’Rourke, Bechtel, Kiewit, HOCHTIEF, Skanska. Vinci and Bouygues collectively account for over 15% of the global market share due to their strong distribution network and portfolio of commercial brands. Grupo ACS has a significant presence in the European kombucha market through its acquisition of several local brands in recent years.
Get More Insights on This Topic: https://www.ukwebwire.com/kombucha-market-demand-growth-and-regional-outlook-by-2030/
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