During the forecast period, the kombucha tea market is expected to grow at a steady CAGR of 12%. The market is expected to generate US$ 1.72 billion in revenue in 2023, with a value of US$ 5.4 billion by 2033.
The growing need for easy packaging is one of the major factors affecting the global kombucha tea market. Due to busy lifestyles and time constraints, there is a growing need for food products that can be consumed on the move.
As a result, pocket-sized kombucha tea is becoming increasingly popular. Important companies are utilising appealing packaging to take advantage of this, prolonging the kombucha tea’s storage shelf life.
Additionally, kombucha tea manufacturers always provide consumers with new, tasty varieties. In order to address consumer demand for a healthy beverage while maintaining the flavour, taste, texture, and nutritional advantages of the original product, kombucha tea was developed.
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Key Takeaways from Market Study
- Organic kombucha tea is expected to grow at a lucrative 13.8% CAGR during the forecast period.
- North America kombucha tea market is expected to dominate the global market in 2022, with a share of around 24.1% by 2032
- In terms of sales channels, modern trade is expected to have a dominant share in 2022
- Online retail stores are expected to grow at a rapid pace during the forecast period.
- In terms of product type, green tea is expected to dominate the global market in 2022
- Black kombucha tea is expected to grow at a rapid pace during the forecast period.
“Manufacturers of kombucha tea are focusing on increasing product transparency. They are also putting together dedicated teams to devise legal marketing strategies to ensure proper kombucha tea representation to woo consumers.” says a Future Market Insights analyst.
Competitive Landscape
Kombucha tea manufacturers are introducing new products to cater to consumers’ diverse preferences and tastes. Kombucha tea market trends such as changing consumer preferences toward non-alcoholic beverages and increased consumption of healthier beverages, key players are focusing on expanding their product portfolio.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an impartial analysis of the global kombucha tea market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
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Kombucha Tea Market by Category
By Nature:
- Organic
- Conventional
By Product Type:
- Green Tea
- Black Tea
- Oolong Tea
- Others
By Flavor Type:
- Regular/Unflavored
- Flavored
By Sales Channel:
- Modern Trade
- Convenience Stores
- Traditional Grocery Stores
- Specialty Stores
- Online Retail Stores
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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