Market Research Report
Asia Pacific Kombucha Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||597073|
|Published||Content info||73 Pages
Delivery time: 2-3 business days
|Asia Pacific Kombucha Market Forecast 2019-2027|
|Published: February 5, 2019||Content info: 73 Pages||
The Asia-Pacific kombucha market was estimated to be at $XX million in 2018. The market is anticipated to rise with 27.22% CAGR over the forecast period of 2019-2027, generating a total worth of $XX million by the end of 2027. The rising demand for fortified food and beverages coupled with the simple manufacturing process of kombucha are expected to drive Asia Pacific kombucha market growth. The growing regulation clarity related to the functional foods, the rapid shift towards preventive healthcare and rising health awareness encouraged the population of the developing nations to adopt fortified food and beverages.
The Asia-Pacific Kombucha market is segmented on the basis of consumer demographics, distribution channels, flavors and types. A growing trend for discretionary income spending on healthcare along with rising government support is primarily driving the market growth. Because of the growing health issues in the region many consumers are increasingly relying on health drinks and fortified foods. This is acting as a potential opportunity for the market to grow. However, factors like the highly regulated nature of the food and beverages market coupled with the lengthy approval lag times are considerably restraining the market growth.
KeVita, Inc. (Acquired By PepsiCo), The Humm Kombucha LLC, Unity Vibration, GT's Kombucha, Kombucha Wonder Drink, Reed's Inc., Live Soda Kombucha, Nessalla Kombucha, Makana Beverages Inc., Kosmic Kombucha, Bucha Live Kombucha, Revive Kombucha, Townshend's Tea, Red Bull GmbH and Hain Celestial Group are some of the well-known players in the APAC kombucha market.