Craft Soda Market will reach 890 million US$ by the end of 2025
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 $5.99, for example, and contain less soda than a regular carbonated beverage. With traditional colas and other soft drinks under attack by nutritionists, craft soft drinks also known as artisanal, specialty or small-batch soda are capturing share by hyping premium and natural ingredients, creative flavors, limited runs, unusual packaging or their local roots.
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North America is the biggest production areas for Craft Soda, taking over 94.97% market share in 2017 (based on output volume), Europe followed the second, with about 4.10% market share. The Consumption market is also concentrated in North America and Europe for now, while sales of Craft Soda in Asia countries may see significant growth in the future.
In the international market, the marketing channels characteristic differ from company to company. The international leading companies prefer setting up factories directly into aimed market, and taking own sales department to expand market. The giant companies are more likely to set their own big agents in some major countries and regions taking charge of regional business building their international market position. Companies in developing countries such as China and India, in contrast, put more effort on relatively direct selling business.
The global Craft Soda market is valued at 600 million US$ in 2018 and will reach 890 million US$ by the end of 2025, growing at a CAGR of 5.1% during 2019-2025.
The objectives of this study are to define, segment, and project the size of the Craft Soda market based on company, product type, end user and key regions.
This report studies the global market size of Craft Soda in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Craft Soda in these regions. This research report categorizes the global Craft Soda market by top players/brands, region, type and end user. This report also studies the global Craft Soda market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
- Pepsi
- Jones Soda Co
- Reeds, Inc.
- Appalachian Brewing Co
- Boylan Bottling Co
- SIPP eco beverage co. Inc.
- Crooked Beverage Co.
- JustCraft Soda
- Gus
- Q Drinks
- Tuxen Brewing Company
Market size by Product
- Natural Craft Soda
- Organic Craft Soda
Market size by End User
- Teenagers
- Young Adults
- Middle-aged and Elderly
Market size by Region
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Singapore
- Malaysia
- Philippines
- Thailand
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Russia
- Central & South America
- Brazil
- Rest of Central & South America
- Middle East & Africa
- GCC Countries
- Turkey
- Egypt
- South Africa
Highlights of the Global Craft Soda report:
- A complete backdrop analysis, which includes an assessment of the Craft Soda Market
- An objective assessment of the trajectory of the market
- Market segmentation up to the second or third level
- Reporting and evaluation of recent industry developments
- Important changes in market dynamics
- Emerging niche segments and regional markets
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
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