Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports

The kombucha manufacturers in the United Kingdom are confronted by a rising trend of changing lifestyles, great demand for fortified food and beverages, and heightened awareness of healthcare needs. As a result, the kombucha drinks market in the United Kingdom is predicted to expand at a strong CAGR during the forecast period.

 

NEWARK, Del: The global kombucha market is going to reach US$ 17.1 billion by 2033, growing at a CAGR of 17.4% between 2022 and 2033. The kombucha drinks market is expected to generate an absolute dollar opportunity of approximately US$ 13.7 billion by 2033.

Each year, unsafe alcohol consumption kills approximately 3 million people, accounting for 5.3% of all deaths, according to the World Health Organization (WHO).

This has resulted in a shift in consumer drinking patterns towards low- and non-alcoholic kombucha drink. Consumers, particularly Millennials, are embracing a better lifestyle and prefer non-alcoholic and healthier alternatives to alcoholic beverages. This in results boosts the kombucha sales.

Get Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-7815 

Growth Guideposts

Another element boosting kombucha market profit growth is the growing demand from diabetics to cut back on the quantity of sugar they typically consume in their diet. The product gives green tea’s advantages.

According to studies, regularly drinking kombucha lowers cholesterol, controls blood sugar levels, helps burn calories, and reduces belly fat. These have a substantial impact on the market’s revenue growth. For beer drinkers, hard kombucha has also gained popularity as an alternative. Due to its low alcohol content, kombucha drink is a fantastic substitute for low-alcohol beverages.

Due to the numerous advantages of probiotic wellbeing, customers are turning to kombucha drink as a substitute because it is a relatively healthier option. It is available in a large number of eateries, cafes, hotels, catering establishments, and other companies.

Another important aspect driving market revenue growth is escalating demand from the hospitality industry.

Global Market Is Adjudicated by Regular Flavored Kombucha 

As more people are willing to try new things, regular kombucha is in style. Variants of flavoured kombucha bottles are selling better than ever. The market’s dominant category is regular kombucha.

By 2033, the herbs and spices category might potentially control a sizeable portion of the global Kombucha market. Since major companies concentrate on creating flavoured fermented kombucha tea with various distinctive kombucha flavors by blending herbs and spices.

Talk to Our Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-7815 

Regional Outlook

Between 2023 and 2033, North America may hold a sizeable portion of the hard kombucha market. In terms of market share, Europe trailed North America because of its robust distribution network and rising consumer awareness in the U.S. The demand for probiotic beverages and other functional beverages is expected to increase among office workers, which could fuel the rise.

During the forecast period, the hard kombucha market is anticipated to develop at the significant CAGR of 18.5% in Asia Pacific. Due to the easy manufacture of kombucha-based drinks and rising alcoholic beverage consumption. Growing health concerns among people and a number of governments increasing discretionary expenditures to promote alcohol could fuel kombucha industry expansion.

Key Takeaways

Competitive Landscape

A small number of significant international players have helped to consolidate the hard kombucha market. A number of businesses, including The Coca-Cola Company, Molson Coors Beverage Company, The Humm Kombucha LLC, The Hain Celestial Group, and Revive Kombucha, are concentrating on new product releases and strategic acquisitions to grow and strengthen their businesses.

Key players, who are using a variety of methods, such as new product releases, the growth of product portfolios, and mergers and acquisitions, have a majority of the market share.

Use promo code ->> FMITODAY to get flat 20% discount@ https://www.futuremarketinsights.com/checkout/7815 

Recent Development

  • Expansion

A firm called “GT’s Living Foods” has expanded the flavour options for its synergy Kombucha line in 2021. These two new summer variations, California Citrus and Lemon Berry, have drawn interest from potential customers and helped expand the client base.

  • Acquisition

Tetley Harris Food Group, which was originally a division of Tata Consumers Product firm, was fully acquired by US-based Harris Tea Company in April 2021, according to an announcement. The company strives to provide comprehensive end-to-end services to its clients.

Table of Content

  1. Executive Summary | Kombucha Market

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

  1. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

Top Reports Related To Food and Beverage Market Insights

Kombucha Tea Market Size: The global kombucha tea market is expected to reach a market valuation of US$ 1,655.6 Mn by 2022, increasing at a CAGR of 12.3% by 2022-2032.

Protease Market Share: The market research conducted by FMI suggests that the global protease market is expected to reach a valuation of US$ 4.6 billion by 2033.

Herbal Tea Market Trends: The global herbal tea market is forecasted to be valued at US$ 3,700 Million in 2022. During the forecast period ranging from 2022-2032, sales of herbal tea are expected to grow at a CAGR of 7.1%, to be valued at US$ 7,339.9 Million.

Black Tea Extracts Market Value: Global black tea extracts demand is anticipated to be valued at US$ 132.2 Million in 2022, forecast to grow at a CAGR of 5.9% to be valued at US$ 210.2 Million from 2022 to 2032.

Organic Tea Market Growth: The global organic tea market Size is expected to reach a market valuation of US$ 1.2 Bn by the year 2022, accelerating at a CAGR of 8.2% by 2022-2032.

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

LinkedIn| TwitterBlogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts