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Market Research Report
Europe Kombucha Market Forecast 2019-2027 |
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Published by | Inkwood Research | Product code | 597074 | ||||
Published | Content info | 77 Pages Delivery time: 1-2 business days |
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Europe Kombucha Market Forecast 2019-2027 | ||
Published: February 5, 2019 | Content info: 77 Pages |
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The revenue generated by the Europe kombucha market is predicted to accelerate with a CAGR of 24.55%, raising a total of $XX million by the end of the forecast period of 2019-2027, an up from its 2018 revenue of $XX million. People in this region are adopting kombucha drinks because of their associated health benefits.
Kombucha market in Europe extends its application into the food & beverages industry, i.e., it is used in coffee, tea, energy drinks, energy supplements, juices, etc. Consumption pattern of beverages in Europe is very dynamic since people opt for a healthier lifestyle. Non-alcoholic beverages are consumed on a large scale by people as they act as an energy source for the human body. Kombucha drinks are known to have several benefits including the ability for detoxification, improving digestion, and it even helps in preventing chronic ailments like diabetes and cancer. The German market is expected to evolve with the highest CAGR by the end of 2027. The emergence of numerous kombucha manufacturing startups in Germany have positively influenced the market's demand. Kombucha market in Germany is expected to rise due to changing lifestyles of the individuals. However, the key challenge for the German Kombucha market is the huge inventory costs involved.
Reed's Inc., The Humm Kombucha LLC, Live Soda Kombucha, Makana Beverages Inc., Unity Vibration, Revive Kombucha, Kosmic Kombucha, Red Bull GmbH, KeVita, Inc. (Acquired By PepsiCo), Hain Celestial Group, GT's Kombucha, Kombucha Wonder Drink, Townshend's Tea, Bucha Live Kombucha and Nessalla Kombucha are few of the reigning companies in the European kombucha market.