Soda Maker Market Size, Share & Trends Analysis Report By Mode Of Operation (Electric, Manual), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2023 - 2030

Soda Maker Market Size, Share & Trends Analysis Report By Mode Of Operation (Electric, Manual), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2023 - 2030

Soda Maker Market Growth & Trends

The global soda maker market size is estimated to reach USD 1,552.2 million in 2030, registering a CAGR of 7.5% from 2023 to 2030, according to a new report by Grand View Research, Inc.The popularity of soda makers is being driven by the growing demand for healthier beverages. Many people are looking for ways to reduce their sugar intake, and soda makers are a great way to do this. Soda makers allow users to create sparkling water without the added sugars and calories that are found in store-bought sodas.

Several players have been introducing soda makers to expand their consumer base in this niche market. These developments and innovation strategies have had a positive impact on the soda water market. An increasing number of companies have also been introducing new products to gain a competitive edge.

The manual soda maker was the leading segment with a revenue share of over 74% in 2022. The growing popularity of manual soda makers is a positive trend for the environment. By using manual soda makers, consumers can reduce their reliance on disposable plastic bottles and cans. This can help to reduce plastic waste and pollution.

The offline channel held the leading segment with a revenue share of over 71% in 2022. Offline channels are typically located in convenient locations, such as shopping malls or grocery stores. This makes it easy for consumers to browse and compare different models of soda makers before making a purchase.

The growing awareness about health and wellness among consumers in North America is a major driver of the demand for soda makers.Health organizations, government agencies, and non-profit groups in the U.S. and Canada have launched educational campaigns to inform the public about the health risks associated with sugary beverages. These campaigns often promote alternatives like soda makers as a healthier choice.

Soda Maker Market Report Highlights

• Based on mode of operation, the manual segment is projected to register the fastest growth during the forecast period since they are typically less expensive than electric soda makers. This makes them a more attractive option for budget-conscious consumers
• Based on distribution channel, the online segment is expected to register the fastest CAGR during the forecast period since online platforms can help manufacturers increase brand awareness among potential customers. This is because online platforms allow manufacturers to reach a large number of people with their marketing messages
• North America is projected to be the fastest-growing CAGR regional market over the forecast period. The beverage companies in the region have responded to the demand for healthier beverage alternatives by introducing a wide range of flavored sparkling water products, often infused with natural flavors or fruit essences

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