Kombucha Tea Market Witness a Spike in Growth Pace Recent Improvements in Pricing Models: FMI-2022-2032
The global kombucha
tea market is set to witness growth at a CAGR of 12.3% and is
anticipated to reach a valuation of around USD 5,234.6 Mn by 2032.
One of the primary factors driving the global kombucha
tea market is the growing demand for convenience packaging.
Busy lifestyles and time constraints across the globe have increased the
demand for on-the-go food items.
This is increasing the sales of kombucha tea that can
be easily carried in the pocket. To capitalize on this, key players are adding
attractive packaging, which extends the shelf life of kombucha
tea storage.
Kombucha tea manufacturers are also constantly providing
consumers with more creative products in terms of flavors. The kombucha
tea innovation is done to meet consumer demand for a healthy and
nutritious drink without compromising the flavor, taste, texture, and
nutritional properties of the product.
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Key Takeaways from Market Study
- Organic
kombucha tea is expected to grow at a lucrative 13.8% CAGR during the
forecast period.
- North
America kombucha tea market is expected to dominate the global market in
2022, with a share of around 24.1% by 2032
- In
terms of sales channels, modern trade is expected to have a dominant share
in 2022
- Online
retail stores are expected to grow at a rapid pace during the forecast
period.
- In
terms of product type, green tea is expected to dominate the global market
in 2022
- Black
kombucha tea is expected to grow at a rapid pace during the forecast
period.
“Manufacturers of kombucha tea are focusing on
increasing product transparency. They are also putting together dedicated teams
to devise legal marketing strategies to ensure proper kombucha tea
representation to woo consumers.” says a Future Market Insights
analyst.
Competitive Landscape
Kombucha tea manufacturers are introducing new products to
cater to consumers’ diverse preferences and tastes. Kombucha tea market
trends such as changing consumer preferences toward non-alcoholic beverages and
increased consumption of healthier beverages, key players are focusing on
expanding their product portfolio.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an
impartial analysis of the global kombucha tea market, presenting historical
data (2017-2021) and estimation statistics for the forecast period of
2022-2032.
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Kombucha Tea Market by Category
By Nature:
- Organic
- Conventional
By Product Type:
- Green
Tea
- Black
Tea
- Oolong
Tea
- Others
By Flavor Type:
- Regular/Unflavored
- Flavored
By Sales Channel:
- Modern
Trade
- Convenience
Stores
- Traditional
Grocery Stores
- Specialty
Stores
- Online
Retail Stores
- Others
By Region:
- North
America
- Latin
America
- Europe
- East
Asia
- South
Asia
- Oceania
- Middle
East and Africa
About Food & Beverage Division at Future
Market Insights
The Food
& Beverage team at Future Market Insights provides all the necessary
insights and consulting analysis to fulfill the unique business intelligence
needs of clients worldwide. With a catalog of more than 500 reports pertaining
to the latest statistics and analysis from the food & beverage industry,
the team is happy to help with every business intelligence research and
consulting requirement.
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