The craft soda market is expected to grow from USD 587.75 million in 2020 to USD 855.22 million by 2028, at a CAGR of 4.8% during the forecast period 2021-2028.
A craft soda is a craft drink usually preferred as a healthy alternative to traditional carbonated beverages. While standard soft drinks are under review by nutritionists, craft soda, also known as artisanal soda, specialty, or small-batch, is increasing share due to its natural and finest ingredients, inventive flavors, different packaging, etc., and its strong local presence. They are made with natural ingredients, containing few preservatives, and are brewed in tiny lots. They are available in combinations of various fruit flavors, which are either combined with traditional soft drink flavoring such as sarsaparilla, root beer and ginger ale, among others. A craft soda can cost three times as much as a common one, and they usually are in four-packs rather than six- or 12-packs.
The factors driving the market are the rising population in developing countries and the increasing consumer disposable income, rising demand for clean label and the organic source, growing concerns about obesity and shifting consumer preferences towards natural and organic drinks, the shifting consumer preference from high sugar drinks to low sugar mid-calorie beverages. The factors restraining the market growth are strict government initiatives regarding energy conservation and increasing social awareness towards environmental concern.
This study delivers a comprehensive analysis of target consumer, product type, flavor, distribution channel and region. The target consumer segment includes middle-aged adults, young adults, and teenagers. The young adults' segment holds the largest market share due to growing health concerns and increasing awareness regarding soft drinks. The product type segment includes organic and natural. The organic segment holds the largest market share, owing to the global trend of organic food & beverage. The flavor segment includes tropical fruits, passion fruit, orange, berries, and root beer. Orange and root beer hold the largest market share. The distribution channel segment includes direct and indirect. The indirect segment holds the largest market share due to the rising popularity of e-commerce websites among consumers worldwide.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America holds the largest market share due to people shifting towards healthy drinks and increasing health concerns. The Asia-Pacific region is anticipated to grow and has the most significant share high growth rate in the craft soda market due to the faster adoption of western market offerings.
Some key players operating in the craft soda market Jones Soda Co, Boylan Bottling Co, Crooked Beverage Co, SIPP eco beverage co. Inc, Pepsi, ReedÕsInc, Tuxen Brewing Company, Q Drinks, Appalachian Brewing Co, The Coca-Cola Company, JustCraft Soda, and Gus.
For this study, Fior Markets Research has segmented the global craft soda market report based on target consumer, product type, flavor, distribution channel and region:
The Global Craft Soda Market Analysis and Forecast, By Target Consumer
The Global Craft Soda Market Analysis and Forecast, By Product Type
The Global Craft Soda Market Analysis and Forecast, By Flavor
The Global Craft Soda Market Analysis and Forecast, By Distribution Channel
The Global Craft Soda Market Analysis and Forecast, By Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Target Consumer
4.3.2. Market Attractiveness Analysis By Product Type
4.3.3. Market Attractiveness Analysis By Flavor
4.3.4. Market Attractiveness Analysis By Distribution Channel
4.3.5. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising health concerns and growing willingness of the young adults for authentic beverages
5.2.2. Rising awareness of consumers about unhealthy ingredients used in soft drinks.
5.2.3. Strict government guidelines for artificial ingredients and labelling and packaging
5.3. Restraints
5.3.1.Increasing social awareness towards environmental concern
5.3.2.Strict government initiative regarding energy conservation
6. Global Craft Soda Market Analysis and Forecast, By Target Consumer
6.1. Segment Overview
6.2.Middle-Aged Adults
6.3. Young Adults
6.4.Teenagers
7. Global Craft Soda Market Analysis and Forecast, By Product Type
7.1. Segment Overview
7.2.Organic
7.3.Natural
8. Global Craft Soda Market Analysis and Forecast, By Flavor
8.1. Segment Overview
8.2. Tropical Fruits
8.3. Passion Fruit
8.4.Orange
8.5. Berries
8.6. Root Beer
9. Global Craft Soda Market Analysis and Forecast, By Distribution Channel
8.1. Segment Overview
8.2. Direct
8.3. Indirect
10. GlobalCraft Soda Market Analysis and Forecast, By Regional Analysis
10.1. Segment Overview
10.2.North America
10.2.1. US
10.2.2. Canada
10.2.3. Mexico
10.3. Europe
10.3.1. UK
10.3.2. Germany
10.3.3. Italy
10.3.4. Spain
10.3.5. Russia
10.3.6.Rest of Europe
10.4. Asia-Pacific
10.4.1. India
10.4.2. Japan
10.4.3. China
10.4.4. South Korea
10.4.5. Australia
10.4.6. Rest of Asia-Pacific (APAC)
10.5. Latin America
10.5.1. Brazil
10.6.Middle East & Africa
10.6.1. Saudi Arabia
10.6.2. U.A.E.
10.6.3. South Africa
10.6.4.Rest of Middle East and Africa (MEA)
11. GlobalCraft Soda Market-Competitive Landscape
11.1. Overview
11.2. Market Share of Key Players in Global Craft SodaMarket
11.2.1. Global Company Market Share
11.2.2. North America Company Market Share
11.2.3. Europe Company Market Share
11.2.4. APAC Company Market Share
11.3.Competitive Situations and Trends
11.3.1. Product Launches and Developments
11.3.2. Partnerships, Collaborations, and Agreements
11.3.3. Mergers & Acquisitions
11.3.4. Expansions
12. Company Profiles
12.1.Jones Soda Co
12.1.1. Business Overview
12.1.2. Company Snapshot
12.1.3. Company Market Share Analysis
12.1.4. Company Product Portfolio
12.1.5. Recent Developments
12.1.6. SWOT Analysis
12.2.Boylan Bottling Co
12.2.1. Business Overview
12.2.2. Company Snapshot
12.2.3. Company Market Share Analysis
12.2.4. Company Product Portfolio
12.2.5. Recent Developments
12.2.6. SWOT Analysis
12.3.Crooked Beverage Co
12.3.1. Business Overview
12.3.2. Company Snapshot
12.3.3. Company Market Share Analysis
12.3.4. Company Product Portfolio
12.3.5. Recent Developments
12.3.6. SWOT Analysis
12.4.SIPP eco beverage co. Inc
12.4.1. Business Overview
12.4.2. Company Snapshot
12.4.3. Company Market Share Analysis
12.4.4. Company Product Portfolio
12.4.5. Recent Developments
12.4.6. SWOT Analysis
12.5.Pepsi
12.5.1. Business Overview
12.5.2. Company Snapshot
12.5.3. Company Market Share Analysis
12.5.4. Company Product Portfolio
12.5.5. Recent Developments
12.5.6. SWOT Analysis
12.6.ReedÕs Inc
12.6.1. Business Overview
12.6.2. Company Snapshot
12.6.3. Company Market Share Analysis
12.16.4. Company Product Portfolio
12.6.5. Recent Developments
12.6.6. SWOT Analysis
12.7.Tuxen Brewing Company
12.7.1. Business Overview
12.7.2. Company Snapshot
12.7.3. Company Market Share Analysis
12.7.4. Company Product Portfolio
12.7.5. Recent Developments
12.7.6. SWOT Analysis
12.8.Q Drinks
12.8.1. Business Overview
12.8.2. Company Snapshot
12.8.3. Company Market Share Analysis
12.8.4. Company Product Portfolio
12.8.5. Recent Developments
12.8.6. SWOT Analysis
12.9.Appalachian Brewing Co
12.9.1. Business Overview
12.9.2. Company Snapshot
12.9.3. Company Market Share Analysis
12.9.4. Company Product Portfolio
12.9.5. Recent Developments
12.9.6. SWOT Analysis
12.10.The Coca-Cola Company
12.10.1. Business Overview
12.10.2. Company Snapshot
12.10.3. Company Market Share Analysis
12.10.4. Company Product Portfolio
12.10.5. Recent Developments
12.10.6.SWOT Analysis
12.11.JustCraft Soda
12.11.1. Business Overview
12.11.2. Company Snapshot
12.11.3. Company Market Share Analysis
12.11.4. Company Product Portfolio
12.11.5. Recent Developments
12.11.6. SWOT Analysis
12.12.Gus
12.12.1. Business Overview
12.12.2. Company Snapshot
12.12.3. Company Market Share Analysis
12.12.4. Company Product Portfolio
12.12.5. Recent Developments
12.12.6. SWOT Analysis
List of Table
1. Global Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
2. Global Middle-Aged Adults, Craft Soda Market, By Region, 2018-2028 (USD Million)
3. Global Young Adults, Craft Soda Market, By Region, 2018-2028 (USD Million)
4. Global Teenagers, Craft Soda Market, By Region, 2018-2028 (USD Million)
5. Global Craft Soda Market, By Product Type 2018-2028(USD Million)
6. Global Organic, Craft Soda Market, ByRegion, 2018-2028 (USD Million)
7. Global Natural,Craft Soda Market, By Region, 2018-2028 (USD Million).
8. Global Craft Soda Market, By Flavor 2018-2028 (USD Million)
9. Global Tropical Fruits, Craft Soda Market, By Region, 2018-2028 (USD Million)
10. Global Passion Fruit, Craft Soda Market,By Region, 2018-2028 (USD Million)
11. Global Orange, Craft Soda Market, By Region, 2018-2028 (USD Million)
12. Global Berries, Craft Soda Market, By Region, 2018-2028 (USD Million)
13. Global Root Beer, Craft Soda Market, By Region, 2018-2028 (USD Million)
14.Global Craft Soda Market, ByDistribution Channel, 2018-2028 (USD Million)
15. Global Direct, Craft Soda Market, By Region, 2018-2028 (USD Million)
16. GlobalIndirect, Craft Soda Market, By Region, 2018-2028 (USD Million)
17. North America Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
18. North America Craft Soda Market, By Product Type, 2018-2028 (USD Million)
19. North America Craft Soda Market, By Flavor, 2018-2028 (USD Million)
20. North America Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
21. U.S Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
22. U.S. Craft Soda Market, By Product Type, 2018-2028 (USD Million)
23. U.S. Craft Soda Market, By Flavor, 2018-2028 (USD Million)
24. U.S. Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
25. Canada Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
26. Canada Craft Soda Market, By Product Type, 2018-2028 (USD Million)
27. Canada Craft Soda Market, By Flavor, 2018-2028 (USD Million)
28. Canada Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
29. Mexico Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
30. MexicoCraft Soda Market, By Product Type, 2018-2028 (USD Million)
31. Mexico Craft Soda Market, By Flavor, 2018-2028 (USD Million)
32. Mexico Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
33. Europe Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
34. Europe Craft Soda Market, By Product Type, 2018-2028 (USD Million)
35. Europe Craft Soda Market, By Flavor, 2018-2028 (USD Million)
36. Europe Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
37. U.K. Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
38. U.K. Craft Soda Market, By Product Type, 2018-2028 (USD Million)
39. U.K. Craft Soda Market, By Flavor, 2018-2028 (USD Million)
40. U. K. Craft Soda Market, By Distribution Channel 2018-2028 (USD Million)
41. Germany Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
42. Germany Craft Soda Market, By Product Type, 2018-2028 (USD Million)
43. Germany Craft Soda Market, By Flavor, 2018-2028 (USD Million)
44. Germany Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
45. Italy Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
46. Italy Craft Soda Market, By Product Type, 2018-2028 (USD Million)
47. Italy Craft Soda Market, By Flavor, 2018-2028 (USD Million)
48. Italy Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
49. France Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
50. France Craft Soda Market, By Product Type, 2018-2028 (USD Million)
51. France Craft Soda Market, By Flavor, 2018-2028 (USD Million)
52. France Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
53. Russia Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
54. Russia Craft Soda Market, By Product Type, 2018-2028 (USD Million)
55. Russia Craft Soda Market, By Flavor, 2018-2028 (USD Million)
56. Russia Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
57. Spain Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
58. Spain Craft Soda Market, By Product Type, 2018-2028 (USD Million)
59. Spain Craft Soda Market, By Flavor, 2018-2028 (USD Million)
60. Spain Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
61. Asia-Pacific Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
62. Asia-Pacific Craft Soda Market, By Product Type, 2018-2028 (USD Million)
63. Asia-Pacific Craft Soda Market, By Flavor, 2018-2028 (USD Million)
64. Asia-Pacific Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
65. India Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
66. India Craft Soda Market, By Product Type, 2018-2028 (USD Million)
67. India Craft Soda Market, By Flavor, 2018-2028 (USD Million)
68. India Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
69. Japan Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
70. Japan Craft Soda Market, By Product Type, 2018-2028 (USD Million)
71. Japan Craft Soda Market, By Flavor, 2018-2028 (USD Million)
72. Japan Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
73. China Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
74. China Craft Soda Market, By Product Type, 2018-2028 (USD Million)
75. China Craft Soda Market, By Flavor, 2018-2028 (USD Million)
76. China Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
77. Australia Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
78. Australia Craft Soda Market, By Product Type, 2018-2028 (USD Million)
79. Australia Craft Soda Market, By Flavor, 2018-2028 (USD Million)
80. Australia Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
81. Latin America Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
82. Latin America Craft Soda Market, By Product Type, 2018-2028 (USD Million)
83. Latin America Craft Soda Market, By Flavor, 2018-2028 (USD Million)
84. Latin America Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
85. Brazil Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
86. Brazil Craft Soda Market, By Product Type, 2018-2028 (USD Million)
87. Brazil Craft Soda Market, By Flavor, 2018-2028 (USD Million)
88. Brazil Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
89. Middle East & Africa Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
90. Middle East & Africa Craft Soda Market, By Product Type, 2018-2028 (USD Million)
91. Middle East & Africa Craft Soda Market, By Flavor, 2018-2028 (USD Million)
92. Middle East & Africa Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
93. Saudi Arabia Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
94. Saudi Arabia Craft Soda Market, By Product Type, 2018-2028 (USD Million)
95. Saudi Arabia Craft Soda Market, By Flavor, 2018-2028 (USD Million)
96. Saudi Arabia Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
97. UAE Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
98. UAE Craft Soda Market, By Product Type, 2018-2028 (USD Million)
99. UAE Craft Soda Market, By Flavor, 2018-2028 (USD Million)
100. UAE Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
101. Saudi Africa Craft Soda Market, By Target Consumer, 2018-2028 (USD Million)
102. Saudi Africa Craft Soda Market, By Product Type, 2018-2028 (USD Million)
103. Saudi Africa Craft Soda Market, By Flavor, 2018-2028 (USD Million)
104. Saudi Africa Craft Soda Market, By Distribution Channel, 2018-2028 (USD Million)
List of Figures
1.Global Craft SodaMarket Segmentation
2. Global Craft SodaMarket: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Craft SodaMarket Attractiveness Analysis By Target Consumer
9. Global Craft SodaMarket Attractiveness Analysis By Product Type
10. Global Craft SodaMarket Attractiveness Analysis By Flavor
11. Global Craft SodaMarket Attractiveness Analysis By Distribution Channel
12.Global Craft Soda Market Attractiveness Analysis By Region
13.Global Craft SodaMarket: Dynamics
14. Global Craft Soda Market Share ByTarget Consumer (2021 & 2028)
15. Global Craft Soda Market Share By Product Type (2021 & 2028)
16. Global Craft Soda Market Share By Flavor (2021 & 2028)
17.Global Craft SodaMarket Share By Distribution Channel (2021 & 2028)
18.Global Craft SodaMarket Share By Region (2021 & 2028)
19. Global Craft SodaMarket Share By Company (2020)
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