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Global Craft Soda Market Set to Grow with CAGR of 8.3% By 2026 With Leading Players

Author: Swami Verma
by Swami Verma
Posted: Nov 09, 2019
craft soda

Global craft soda market is expected to register a substantial CAGR of 5.1% in the forecast period of 2019-2026. They are produced from natural ingredients, containing few or no preservatives, and are brewed in tiny lots. The report includes market shares of craft soda market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Analysis: Global Craft Soda Market

Global craft soda market is expected to register a substantial CAGR of 5.1% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed to the rapid urbanization coupled with increasing consumption.

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Competitive Analysis:

Global craft soda market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of craft soda market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Definition: Global Craft Soda Market

Craft soda is a craft drink that is usually preferred as a healthy alternative to regular carbonated beverages. They are produced from natural ingredients, containing few or no preservatives, and are brewed in tiny lots. They are accessible in combinations of different fruit flavours that are either combined or used alone with traditional soda flavours such as ginger ale, root bear and sarsaparilla among others.

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Market Restraints:

  • Increasing social awareness towards environmental concern may restrict the market growth
  • Strict government initiatives regarding energy conservation will hamper the growth of the market in the forecast period
Market Segmentation: Global Craft Soda Market

By Product Type

  • Natural
  • Organic

By Target Consumer

  • Teenagers
  • Young Adults
  • Middle-Aged Adults

Distribution Channel

  • Supermarkets & Hypermarkets
  • Food Service & Drinking Places
  • Convenience & Specialty Stores
  • Online Stores
  • Other

By Packaging Type

  • Bottles
  • Cans
  • Others

Key Market Competitors:

Few of the major competitors currently working in global craft soda market are Reeds inc., PepsiCo, JONES SODA CO., Celeste Cathryn Digital, Appalachian Brewing Company, BOYLAN BOTTLING, crookedbevco, THE COCA-COLA COMPANY, Q Tonic.

Key Insights in the report:

  • Competitive analysis of key competitors involved in the market
  • Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
  • Market drivers and restraints analysis along with the analysis of the market structure

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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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About the Author

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.

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Author: Swami Verma

Swami Verma

India

Member since: Oct 29, 2019
Published articles: 17

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