Kombucha Market by Distribution Channel and Geography - Forecast and Analysis 2020-2024
The kombucha market size has the potential to grow by USD 2094.62 mn during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. Market Competitive Analysis The market is fragmented. Brew Dr. Kombucha, GTs Living Foods, Health-Ade LLC, Humm Kombucha LLC, Kosmic Kombucha, LIVE Soda LLC, PepsiCo Inc., Rowdy Mermaid Kombucha, Suja Life LLC, and The Hain Celestial Group Inc. are some of the major market participants. Factors such as the health benefits of kombucha, new product launches, and availability of kombucha in different forms will offer immense growth opportunities. However, availability of counterfeit kombucha drinks, availability of substitute beverages, and lack of product standardization guidelines may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. ...