PUBLISHER: Inkwood Research | PRODUCT CODE: 1193412
PUBLISHER: Inkwood Research | PRODUCT CODE: 1193412
The North America kombucha market is evaluated to grow with a CAGR of 14.43% during the forecast period, 2023-2032. The region's market growth is attributed to factors such as the increasing number of domestic manufacturers and the targeted focus on expanding their product offerings.
The North America kombucha market growth analysis includes the assessment of the United States and Canada. An increasing number of manufacturers in Canada, concentrate on augmenting their product offerings that extend to various other markets. As a result, this provides the country with lucrative opportunities across the region's thriving kombucha market. For instance, Montreal's Rise Kombucha, Canada's primary and leading kombucha company, expanded to the United States.
On the other hand, major kombucha market players have also stabilized their presence across the Canadian market through distinct strategies. In particular, GT's Kombucha continues to offer its products through airport outlets in the country, as well as convenience stores. Likewise, Tonica Kombucha distributes its products throughout Canada and targets over 450 outlets. These include Select Loblaws, Whole Foods Market, etc. Therefore, such factors are anticipated to fuel the market growth in Canada during the forecast period.
Key players operating in the market are: GT's Living Foods, Brew Dr. Kombucha, Revive Kombucha, Health-Ade Kombucha, PepsiCo Inc (KeVita Kombucha), The Hain Celestial Group Inc, etc.