Market Overview:
The global craft soda market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for natural and organic craft sodas, increasing awareness about the benefits of craft sodas, and growing popularity of artisanal food products. In terms of type, the natural craft soda segment is expected to lead the market during the forecast period owing to its health benefits over conventional carbonated drinks. In terms of application, teenagers are expected to be the largest consumer segment during the forecast period owing to their preference for innovative and trendy products.
Product Definition:
Craft soda is a term used to describe artisanal or specialty sodas. These sodas are typically made with natural ingredients and flavors, and often come in unique packaging. Craft sodas are becoming increasingly popular, as consumers seek out more unique and healthier options.
Natural Craft Soda:
Natural craft soda is a clear, carbonated beverage made from natural ingredients. It has no color and no added sugar. The product was initially launched as a low-calorie alternative to traditional colas in the U.S., where obesity is an endemic problem and consumers are looking for any possible solution to stay fit throughout the day.
The drink contains zero calories, thus making it suitable for weight management programs by dieticians across the world.
Organic Craft Soda:
Organic craft soda is a carbonated soft drink produced using only natural ingredients. The product contains no artificial flavors or colors and has low sodium content as compared to other soft drinks. It is produced using organic tap water, flavoring agents, such as herbs and spices, along with some natural essential oils for taste.
Application Insights:
Application segments include teenagers, young adults, middle-aged and elderly. The application of craft soda is more among the younger generation as compared to older population. Among all applications, the usage of natural soda is higher in teenage population followed by usage in middle-aged and elderly people. Usage rates are relatively same for organic and natural types among all age groups as both serve as a great substitute to regular colas or carbonated drinks which are full of calories but devoid of any nutritional value.
The consumption rate for craft beverages amongst male population between 18 to 24 years was highest at around 35% in 2017 due largely to its use during sports events such as basketball games played at local levels or national level where it is served after game time with snacks prepared by respective food vendors who cater specifically on these occasions leading to increased sales overall thus driving demand over the forecast period for this product segment globally.
Regional Analysis:
North America dominated the global craft soda market in terms of revenue with a share of more than 40.0% in 2017. This is attributed to the high consumption of carbonated beverages among teenagers, young adults, and middle-aged and elderly people in this region. The U.S., which is one of the largest consumers of carbonated soft drinks across North America, has been witnessing a significant rise in demand for craft sodas over the past few years owing to their unique flavors and characteristics as compared to other conventional counterparts available at supermarkets/hypermarkets.
Asia Pacific is expected to be one of the fastest growing regional markets with a CAGR exceeding 5% from 2018 to 2030 owing its increasing consumption among teenagers, young adults, and middle-aged & elderly people who are looking for alternatives regarding health issues caused by sugar intake along with flavor improvements due to artificial sweeteners used within these beverages (Ref).
Growth Factors:
- Increasing demand for Craft Soda from health-conscious consumers.
- Rising disposable income of the middle-class population in developing countries.
- Proliferation of small and independent craft soda producers globally.
- Growing popularity of artisanal food products among millennials and Gen Zers .
Scope Of The Report
Report Attributes
Report Details
Report Title
Craft Soda Market Research Report
By Type
Natural Craft Soda, Organic Craft Soda
By Application
Teenagers, Young Adults, Middle-aged and Elderly
By Companies
Pepsi, Jones Soda Co, Reed’s, Inc., Appalachian Brewing Co, Boylan Bottling Co, SIPP eco beverage co. Inc., Crooked Beverage Co., JustCraft Soda, Gus, Q Drinks, Tuxen Brewing Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Craft Soda Market Report Segments:
The global Craft Soda market is segmented on the basis of:
Types
Natural Craft Soda, Organic Craft Soda
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Teenagers, Young Adults, Middle-aged and Elderly
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pepsi
- Jones Soda Co
- Reed’s, Inc.
- Appalachian Brewing Co
- Boylan Bottling Co
- SIPP eco beverage co. Inc.
- Crooked Beverage Co.
- JustCraft Soda
- Gus
- Q Drinks
- Tuxen Brewing Company
Highlights of The Craft Soda Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Natural Craft Soda
- Organic Craft Soda
- By Application:
- Teenagers
- Young Adults
- Middle-aged and Elderly
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Craft Soda Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Craft soda is a type of carbonated soft drink that is made with natural flavors and ingredients. It can be enjoyed as an alternative to traditional sodas, or used in recipes.
Some of the key players operating in the craft soda market are Pepsi, Jones Soda Co, Reed¢â‚¬â„¢s, Inc., Appalachian Brewing Co, Boylan Bottling Co, SIPP eco beverage co. Inc., Crooked Beverage Co., JustCraft Soda, Gus, Q Drinks, Tuxen Brewing Company.
The craft soda market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Craft Soda Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Craft Soda Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Craft Soda Market - Supply Chain
4.5. Global Craft Soda Market Forecast
4.5.1. Craft Soda Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Craft Soda Market Size (000 Units) and Y-o-Y Growth
4.5.3. Craft Soda Market Absolute $ Opportunity
5. Global Craft Soda Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Craft Soda Market Size and Volume Forecast by Type
5.3.1. Natural Craft Soda
5.3.2. Organic Craft Soda
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Craft Soda Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Craft Soda Market Size and Volume Forecast by Application
6.3.1. Teenagers
6.3.2. Young Adults
6.3.3. Middle-aged and Elderly
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Craft Soda Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Craft Soda Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Craft Soda Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Craft Soda Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Craft Soda Demand Share Forecast, 2019-2026
9. North America Craft Soda Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Craft Soda Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Craft Soda Market Size and Volume Forecast by Application
9.4.1. Teenagers
9.4.2. Young Adults
9.4.3. Middle-aged and Elderly
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Craft Soda Market Size and Volume Forecast by Type
9.7.1. Natural Craft Soda
9.7.2. Organic Craft Soda
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Craft Soda Demand Share Forecast, 2019-2026
10. Latin America Craft Soda Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Craft Soda Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Craft Soda Market Size and Volume Forecast by Application
10.4.1. Teenagers
10.4.2. Young Adults
10.4.3. Middle-aged and Elderly
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Craft Soda Market Size and Volume Forecast by Type
10.7.1. Natural Craft Soda
10.7.2. Organic Craft Soda
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Craft Soda Demand Share Forecast, 2019-2026
11. Europe Craft Soda Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Craft Soda Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Craft Soda Market Size and Volume Forecast by Application
11.4.1. Teenagers
11.4.2. Young Adults
11.4.3. Middle-aged and Elderly
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Craft Soda Market Size and Volume Forecast by Type
11.7.1. Natural Craft Soda
11.7.2. Organic Craft Soda
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Craft Soda Demand Share, 2019-2026
12. Asia Pacific Craft Soda Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Craft Soda Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Craft Soda Market Size and Volume Forecast by Application
12.4.1. Teenagers
12.4.2. Young Adults
12.4.3. Middle-aged and Elderly
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Craft Soda Market Size and Volume Forecast by Type
12.7.1. Natural Craft Soda
12.7.2. Organic Craft Soda
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Craft Soda Demand Share, 2019-2026
13. Middle East & Africa Craft Soda Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Craft Soda Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Craft Soda Market Size and Volume Forecast by Application
13.4.1. Teenagers
13.4.2. Young Adults
13.4.3. Middle-aged and Elderly
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Craft Soda Market Size and Volume Forecast by Type
13.7.1. Natural Craft Soda
13.7.2. Organic Craft Soda
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Craft Soda Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Craft Soda Market: Market Share Analysis
14.2. Craft Soda Distributors and Customers
14.3. Craft Soda Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pepsi
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Jones Soda Co
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Reeds, Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Appalachian Brewing Co
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Boylan Bottling Co
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SIPP eco beverage co. Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Crooked Beverage Co.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. JustCraft Soda
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gus
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Q Drinks
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tuxen Brewing Company
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
