Kombucha Market is expected to expand at a CAGR of 15.6% from 2022 to 2030
Kombucha Industry Overview The global kombucha market size is expected to reach USD 9.70 billion by 2030, according to a new report by Grand View Research, Inc. Furthermore, the market is expected to expand at a 15.6% CAGR from 2022 to 2030. The market has reported rapid growth in recent years and has caught consumers’ attention recently, as kombucha is considered to be a functional beverage. Growing consumer awareness of functional beverages has escalated the demand for kombucha. The product has grown into a commercial product in the U.S. and several companies are producing it, and the variety of kombuchas is increasing rapidly. Kombucha Market Segmentation Grand View Research has segmented the global kombucha market on the basis of product, distribution channel, and region: Based on the Product Insights, the market is segmented into Conventional and Hard. Conventional kombucha accounted for a dominant share of 98.4% of the global revenue in 2021. The ...