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The demand for kombucha tea and other beverages is constantly increasing due to the various health benefits associated with it. The market has seen phenomenal growth in recent years and is the fastest growing in the functional beverage industry. Growing consumer awareness of the benefits of this drink is an important factor contributing to the growth of this market.
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Demand for natural and healthy products drives growth in Global Kombucha Market Global Kombucha Market estimated to cross USD 7 billion by 2025 North America accounts for the dominant share in Global Kombucha Market Market overview: The global Kombucha Market was at USD 1.67 billion in 2019, and it is predicted that it will reach a valuation of USD 7.05 billion by 2025. Kombucha is used in fields such as pharmaceuticals and drugs, and kombucha drinks are recognized around the world for their detoxification, vitality, and general health support properties. Kombucha is made from sugar, bacteria, black tea, and yeast. Citrus fruits, mangoes, berries, herbs and spices, coconuts, apples and flowers are other essences of kombucha. It is a functional drink that contains bacteria and yeasts that convert sugar into ethanol and acetic acid. Acetic acid is what gives kombucha its characteristic bitter taste. Drinking kombucha has numerous health benefits like in AIDS treatment, aging, loss of appetite, arthritis, atherosclerosis, cancer, constipation, and diabetes, but there is no proper evidence to support these claims. Recent developments: On March 5, 2019, Revive Kombucha announced the launch of Revive Sparkling Kombucha, a traditionally fermented, room temperature stable craft beer. On August 13, 2018, Brew Dr. Kombucha announced the release of a limited edition kombucha, Harvest for the fall season. This limited-edition vintage is available in a variety of flavors, including apricot and tarragon. Market Drivers and Restrains: The demand for kombucha tea and other beverages is constantly increasing due to the various health benefits associated with it. The market has seen phenomenal growth in recent years and is the fastest growing in the functional beverage industry. Growing consumer awareness of the benefits of this drink is an important factor contributing to the growth of this market. As a result, companies operating in the market are supposed to experience higher returns from manufacturing them. Increasing health problems and changing lifestyle are some of the factors driving the kombucha market. The global market for kombucha is growing with an increased awareness of the health benefits and demand for healthy beverages. Major beverage brands have focused on making this drink,
which is driving the growth of the global Kombucha market. However, the alcohol content of beverages is an important factor preventing the growth of the Kombucha market. To know more read: https://www.marketdataforecast.com/press-releases/kombucha-market Report is segmented as: The Kombucha market is segmented according to the types and flavors. By type, the kombucha market is segmented into bacteria, yeast, and fungi. Depending on the type of flavor, the market is divided into Herbs and Spices, Citrus, Coconut and Mango, Apples, Strawberries and Flowers. Geographical Segmentation: The global kombucha market was dominated by North America and had the largest share. This growth may be due to an increased awareness of the health benefits associated with kombucha tea. Asia Pacific is another important regional market due to its high disposable income, especially in China and India, along with the growing demand for fortified beverages. Latin America is likely to show modest growth over the outlook period, and growing demand for Kombucha beverages, along with significant economic growth in countries such as Brazil, Venezuela and Argentina, is likely to drive demand in the region going forward. Impact of COVID-19 on Kombucha Market The demand for kombucha is increasing due to its superior nutritional and immune properties amid coronavirus pandemic. Additionally, the consumer mindset of following a healthy lifestyle, especially during these testing times, is expected to further increase the demand for superfoods during the COVID-19 season. Key market players: The key players in the market includes Reed's Inc., GT's Kombucha Company, Kombucha Wonder Drink, Live Soda Kombucha, Makana Beverages Inc, Kosmic Kombucha, Red Bull GmbH, NessAlla Kombucha, Buchi Kombucha, Reed's, Inc., Townshend's Tea Company, GT's Key players in the market like Kombucha, Cell- Nique Corporation, KeVita, Inc., Hain Celestial Group, HummKombucha LLC, Revive Kombucha, and LIVE Kombucha. View sample and decide:
https://www.marketdataforecast.com/press-releases/kombucha-market/request-https://www.marketdataforecast.com/press-releases/kombucha-market/request- sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. For more information: Contact Us: Abhishek Shukla Sales Manager at Market Data Forecast Email: abhishek@marketdataforecast.com Tel: +1-888-702-9626
