The Kombucha Tea Global Market Report 2023 by The Business Research Company, provides kombucha tea market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Kombucha Tea Global Market Report 2023, the market size is expected to grow from $2.33 billion in 2022 to $2.81 billion in 2023 at a compound annual growth rate (CAGR) of 20.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global kombucha tea is expected to grow to $5.8 billion in 2027 at a CAGR of 19.9%.
The increasing number of health-conscious consumers is significantly driving the growth of the kombucha tea market. Some experts believe that because kombucha includes good live bacteria, it can help to improve the efficiency of a variety of bodily functions and is often preferred by health-conscious consumers.
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The kombucha tea market is segmented:
1) By Flavor Type: Fruits, Regular/Original, Herbs And Spices, Flowers, Others Flavor Types
2) By Packaging Type: Glass Bottles, Aluminum Cans, PET Bottles, Other Packaging Types
3) By Distribution Channel: Supermarkets And Hypermarkets, Online Retailers, Health Stores, Convenience Stores
Technological advancements are a key trend gaining popularity in the kombucha tea market. Companies in the kombucha market are focusing on technologies to retain the original flavours and nutrition of kombucha. For instance, Taiwan-based biotechnology company, Ming Chyi Biotechnology Ltd. (MCB), uses a patented micro-encapsulation technology that applies adequate temperature and pressure to preserve the original flavour and nutritional values of kombucha. The micro-encapsulation technology is also used to spray-dry the kombucha liquid to obtain a powder that retains kombucha’s most original features.
The kombucha tea market report table of contents includes:
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