(I-BusinessNews.Com, May 15, 2023 ) As per Maximize Market research, the total global market for “Hard Kombucha Market” was USD 40.90 Mn in 2022 and is expected to grow at a CAGR of 23.76 percent over the forecast period to reach USD 181.88 Mn by 2029.
Hard Kombucha Market Report Scope and Research Methodology
The Hard Kombucha Market report is a combination of secondary and primary data, which makes it error-free and authentic. It provides a detailed analysis of current, past, and future market dynamics including opportunities, drivers, restraints, and challenges. The bottom-up approach was used to estimate the Hard Kombucha Market size.
The demand for hard kombucha is predicted to rise due to the changing consumer preference toward health-oriented fermented beverages. This trend is being driven by a growing awareness of the potential health advantages of fermented drinks, such as kombucha, which can enhance digestion and boost immune system function.
Hard Kombucha Market Regional Insights
North America was the primary market for alcoholic beverages, and it also held the largest share of the global hard kombucha market revenue. The demand for alcoholic beverages in North America is being fueled by a diverse range of age groups, including baby boomers, millennials, and Gen Z. Meanwhile, the Asia Pacific region is predicted to experience the most rapid growth in the hard kombucha market between 2022 and 2030.
Beer Market- The market size is expected to reach USD 1229.77 billion by 2029 at a CAGR of 9.3 percent during the forecast period.
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