The recently published report titled, “Kombucha Market: Opportunity Analysis and Future Assessment 2022-2030” in the database of the Reports and Insights be of assistance to a paradigm solution for clearer and greater understanding of the market. It is beneficial in determining the size of the market for particular products. These leading players functioning in this market are in rigorous competition in terms of innovation, technology, product pricing and product development. Moreover, the market study helps in establishing sales prophecies for its products and therefore, creating symmetrical adjustment between demand and supply of its products.
The report is titled as ‘Kombucha Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the kombucha market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Kombucha market is expected to grow with significant rate in the near future.
The global kombucha market in 2020 is estimated for more than US$ 2.1 Bn and expected to reach a value of US$ 8.5 Bn by 2028 with a significant CAGR of 19.3%.
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Kombucha is a fermented drink that is effervescent sweetened green or black tea drinks. Due to its beneficial properties, this drinks is also referred to as a functional beverage. It is prepared with the help of kombucha culture, which is put into a broth of sugared tea. The chemical process involves the decomposition of sucrose into fructose and glucose. And these are further converted into gluconic acid and acetic acid, the substance that is present in the beverage. Kombucha is also recorded to have vitamin C and accounts to have less than 1% alcohol. Kombucha tea claims to be beneficial during the treatment procedure of asthma, cataracts, diabetes, gout, etc.
Kombucha Market Dynamics
Rapidly changing lifestyle and increasing per capita income are the major factors that propel the growth of this market. Moreover, easy production procedure, growing health awareness and increasing research & development activities also robust the demand for kombucha beverage in the global market.
Additionally, the elevated demand for kombucha in emerging economies coupled with the increasing demand for functional beverages creates more growth opportunities for this market, globally. However, the regulations associated with the application of microbes and complex supply chain may restrict the growth of this market.
The global kombucha market is expected to increase at a significant CAGR over the forecast period owing to the increasing disposable income, growth in demand of fortified foods & beverage products along with the rising health awareness concern among the consumers.
Additionally, the research and innovations in the field of food & beverage industries are also the major factors fueling the growth of this market, globally.
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