Global Craft Soda Market to Reach $915.4 Million by 2030
The global market for Craft Soda estimated at US$700.3 Million in the year 2023, is expected to reach US$915.4 Million by 2030, growing at a CAGR of 3.9% over the period 2023-2030. Natural Craft Soda, one of the segments analyzed in the report, is expected to record 3.3% CAGR and reach US$518.4 Million by the end of the analysis period. Growth in the Organic Craft Soda segment is estimated at 4.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $186.1 Million, While China is Forecast to Grow at 6% CAGR
The Craft Soda market in the U.S. is estimated at US$186.1 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$190.4 Million by the year 2030 trailing a CAGR of 6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.1% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.
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