Craft Soda Market: size was valued at US$ 617.41 Mn. in 2022 and the total Craft Soda revenue is expected to grow at 3.5% through 2023 to 2029, reaching nearly US$ 785.52 Mn.
Craft Soda Market Overview:
The purpose of this report is to provide a thorough examination of the Craft Soda Market by segments and geographics. The study goes into great detail on the primary factors influencing the Craft Soda market's growth. The study also offers a comprehensive analysis of the market's value chain.
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Market Scope:
The "Global Craft Soda Market Analysis" is a detailed investigation of the Craft Soda market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Craft Soda market as well as detailed market segmentation by application, end-use, and geography. The Craft Soda market is expected to develop substantially over the forecast period. The study contains critical information on the market positions of the leading Craft Soda players, as well as noteworthy industry trends and opportunities.
The research method used to assess and anticipate the Craft Soda market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segment estimation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Craft Soda market was calculated using the revenue of significant enterprises.
Segmentation:
With a market share of 62% in 2022, the organic craft soda category dominated the market by Product Type. Demand for organic craft soda is rising as a result of rising health concerns and strong market penetration. A non-traditionally flavoured soft drink called Organic Craft soda is produced for people looking for alternatives. Customers that are more concerned with their health are predicted to drive the industry. A craft soda product manufactured with natural components is thought to be a healthier option than a typical soft drink made with artificial additives by about 60% of Americans.With 58.2% of the market share in 2022, the indirect segment dominated the Craft Soda market by distribution channel. This increase is a result of the rising popularity.
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Key Players:
The major players covered in the Craft Soda market report are
• Appalachian Brewing Co
• SIPP eco beverage co., Inc.
• Wild Poppy Company
• Boylan Bottling Co.
• Tuxen Brewing Co.
• Justcraft Soda
• Five Star Soda
• Batch Craft Soda
• Brooklyn Organics
• Blue Sky
• Dry Soda Co
• Excel Bottling
• Bai brands
• Reed's
• Pepsi
• Jones Soda Co.
• The Original Craft Soda Company
• Crooked Beverage Co
• The Coca-Cola Company
• Q Drinks
• Crooked Beverage Co.
• Dr Pepper Snapple Group, Inc
• Peak Drive Beverages
• Cannonborough Beverage Co.
• Phillips Soda Works
• Gus
Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Craft Soda Market:
Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the Craft Soda market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the Craft Soda industry,
Key Questions Answered in the Craft Soda Market Report are:
- Which segment grabbed the largest share in the Craft Soda market?
- What was the competitive scenario of the Craft Soda market in 2021?
- Which are the key factors responsible for the Craft Soda market growth?
- Which region held the maximum share in the Craft Soda market in 2021?
