Global Craft Soda Market Growth 2023-2029
Craft soda, also known as specialty, small-batch, or artisanal soda, is a kind of soda drink brewed in small batches and contain natural ingredients, including natural sweeteners like pure cane sugar, stevia, and honey.
Craft sodas can cost three times as much as a traditional one and they often are in four packs, rather than six- or 12-packs. For instance, a four-pack of 12-ounce glass bottles of Dry Sparkling, a juniper-flavored soda, costs $5.99, for example, and contain less soda than a regular carbonated beverage. With traditional colas and other soft drinks under attack by nutritionists, craft soft drinks -- also known as artisanal, specialty or small-batch soda -- are capturing share by hyping premium and natural ingredients, creative flavors, limited runs, unusual packaging or their local roots.
LPI (LP Information)' newest research report, the “Craft Soda Industry Forecast” looks at past sales and reviews total world Craft Soda sales in 2022, providing a comprehensive analysis by region and market sector of projected Craft Soda sales for 2023 through 2029. With Craft Soda sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Craft Soda industry.
This Insight Report provides a comprehensive analysis of the global Craft Soda landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Craft Soda portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Craft Soda market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Craft Soda and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Craft Soda.
The global Craft Soda market size is projected to grow from US$ 727.8 million in 2022 to US$ 1044.1 million in 2029; it is expected to grow at a CAGR of 1044.1 from 2023 to 2029.
Global Craft Soda key players include Pepsi Co, Reed’s, Inc., Appalachian Brewing Co, Boylan Bottling Co, etc. Global top four manufacturers hold a share about 8%.
North America is the largest market, with a share over 98%, followed by Europe, have a share about 1 percent.
In terms of product, Natural is the largest segment, with a share over 60%. And in terms of application, the largest application is Young Adults, followed by Teenagers, Middle-aged and Elderly, ect.
This report presents a comprehensive overview, market shares, and growth opportunities of Craft Soda market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Natural Craft Soda
Organic Craft Soda
Segmentation by application
Teenagers
Young Adults
Middle-aged and Elderly
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Pepsi
Jones Soda Co
Reed’s, Inc.
Appalachian Brewing Co
Boylan Bottling Co
SIPP eco beverage co. Inc.
Crooked Beverage Co.
JustCraft Soda
Gus
Q Drinks
Tuxen Brewing Company
Key Questions Addressed in this Report
What is the 10-year outlook for the global Craft Soda market?
What factors are driving Craft Soda market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Craft Soda market opportunities vary by end market size?
How does Craft Soda break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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