Fermented Tea Market size is expected to reach USD 12.6 billion by 2028
Fermented Tea Industry Overview The global fermented tea market size was valued at USD 3.9 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 15.8% from 2021 to 2028. Rising awareness towards gut health and improvement of immunity levels, rise in disposable income, and inclination towards organic products are expected to drive the market. Additionally, the pandemic has accelerated the demand for immunity-boosting products. Also, consumers are preferring sparkling drinks as a substitute over alcohol as it provides a similar amount of tartness. In 2020, Kombucha Brewers International (KBI) released code practices for kombucha manufacturers to create transparency among consumers. Gather more insights about the market drivers, restrains and growth of the Global Fermented Tea Market Companies in the industry are increasing their production abilities by expanding their product line and partnering with retail...