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Craft Soda Market is expected to reach USD 1054.51 Million by 2030 and is expected to undergo a CAGR of 5.50% during the forecast period of 2030

09-13-2024 08:37 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Data Bridge Market Research Private Ltd

/ PR Agency: Data Bridge Market Research
"Craft Soda Market Segmentation: Identifying Core Segments

Global Craft Soda Market, By Product Type (Natural and Organic), Target Consumer (Teenagers, Young Adults, Middle-Aged and Adults), Distribution Channel (Supermarkets and Hypermarkets, Food Service and Drinking Places, Convenience and Specialty Stores, Online Stores and Other), Packaging Type (Bottles, Cans, and Others), By Flavor (Cola, Tropical Fruits, Berries, Others) - Industry Trends and Forecast to 2030.

Craft Soda Market CAGR Etimation

 Data Bridge Market Research analyses that the Global Craft Soda Market which was USD 687.12 Million in 2022 is expected to reach USD 1054.51 Million by 2030 and is expected to undergo a CAGR of 5.50% during the forecast period of 2022 to 2030

Explore Further Details about This Research Craft Soda Market Report https://www.databridgemarketresearch.com/reports/global-craft-soda-market

Craft Soda Market Growth or Demand Increase or Decrease for What Contains:

**Craft Soda Market Analysis**

In 2022, the craft soda market is witnessing steady growth driven by shifting consumer preferences towards healthier and more artisanal beverage options. The market is experiencing a surge in demand for craft sodas due to the rising awareness about the harmful effects of traditional sodas containing artificial ingredients and high sugar content. Craft sodas are also gaining popularity among millennials and Gen Z consumers who are seeking unique flavors and premium quality beverages. The market is characterized by a diverse range of flavors, natural ingredients, and creative packaging, which appeals to a niche segment of consumers looking for innovative and authentic beverage experiences.

**Segments:**

- By Type:
- Flavored Craft Soda
- Natural Craft Soda
- Organic Craft Soda
- By Distribution Channel:
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retail

In 2030, the craft soda market is projected to witness significant growth as consumers continue to prioritize health and wellness, leading to an increased demand for natural and organic beverages. The market is expected to expand globally, with emerging economies showing a growing appetite for craft sodas. Manufacturers are focusing on developing new and unique flavor profiles to cater to evolving consumer preferences and differentiate themselves in a competitive market landscape. Innovation in packaging, marketing strategies, and distribution channels are also key factors driving the growth of the craft soda market in 2030.

**Market Players:**

- Jones Soda Co.
- Appalachian Brewing Co.
- Boylan Bottling Co.
- Reed's, Inc.
- SIPP eco beverage co.
- Q Drinks
- The Original Craft Soda Company Ltd.

Overall, the craft soda market is poised for continued growth and innovation as consumers seek healthier alternatives to traditional sodas. The market players are expected to invest in R&D to introduce new flavors and variants to cater to diverse consumer preferences and expand their market reach. With the rising popularity of craft beverages and the increasing focus on sustainability and natural ingredients, the craft soda marketThe craft soda market is currently undergoing a transformation fueled by consumers' evolving preferences towards healthier and more unique beverage options. The shift away from traditional sodas towards craft sodas can be attributed to increased awareness of health issues related to artificial ingredients and high sugar content in mass-produced beverages. Craft sodas are positioned as a premium and artisanal alternative, appealing particularly to younger demographics such as millennials and Gen Z who prioritize authenticity and flavor innovation. The market segmentation based on types such as flavored craft soda, natural craft soda, and organic craft soda reflects the diverse preferences of consumers who are looking for distinct taste experiences.

In terms of distribution channels, supermarkets/hypermarkets, convenience stores, and online retail platforms play critical roles in reaching a wider consumer base and enhancing accessibility to craft sodas. The convenience of online shopping has further contributed to the market growth, allowing consumers to explore a wider range of craft soda options and make informed purchasing decisions. Additionally, the craft soda market's projected growth in 2030 is driven by the increasing emphasis on health and wellness, as more consumers seek out natural and organic beverage choices to support their lifestyle preferences.

Market players in the craft soda industry have been actively engaged in product innovation, focusing on developing new flavors, refining packaging designs, and adopting strategic marketing approaches to differentiate their brands in a competitive landscape. Companies such as Jones Soda Co., Appalachian Brewing Co., and Boylan Bottling Co. have established themselves as key players in the craft soda market, leveraging their expertise in crafting unique and high-quality beverages to capture consumer interest. Collaborations with retailers, sponsorship of events, and engaging social media campaigns are some of the strategies employed by market players to strengthen their market presence and engage with consumers.

Looking forward, the craft soda market is expected to witness continued growth and evolution, driven by ongoing consumer demand for healthier and more personalized beverage options. The industry's focus on sustainability, natural ingredients, and flavor diversity will shape the competitive dynamics, prompting market players to innovate and adapt to changing**Market Players:**

- Appalachian Brewing Company (U.S.)
- SIPP ECO BEVERAGE CO, INC (U.S.)
- Boylan Bottling (U.S.)
- PepsiCo, Inc (U.S.)
- Jones Soda Co.(U.S.)
- Reed's Inc. (U.S.)
- Tuxen Brewing (Denmark)
- Organic soda pops (U.S.)
- Batch Craft Soda (U.S.)
- The Coca-Cola Company (U.S.)
- Dry Soda (U.S.)
- Craft Soda Co. (U.S.)
- Keurig Dr Pepper Inc. (U.S.)

The craft soda market is currently undergoing a transformation fueled by consumers' evolving preferences towards healthier and more unique beverage options. The shift away from traditional sodas towards craft sodas can be attributed to increased awareness of health issues related to artificial ingredients and high sugar content in mass-produced beverages. Craft sodas are positioned as a premium and artisanal alternative, appealing particularly to younger demographics such as millennials and Gen Z who prioritize authenticity and flavor innovation. The market segmentation based on types such as flavored craft soda, natural craft soda, and organic craft soda reflects the diverse preferences of consumers who are looking for distinct taste experiences.

In terms of distribution channels, supermarkets/hypermarkets, convenience stores, and online retail platforms play critical roles in reaching a wider consumer base and enhancing accessibility to craft sodas. The convenience of online shopping has further contributed to the market growth, allowing consumers to explore a wider range

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Data Bridge Market Research:

Today's trends are a great way to predict future events!

Data Bridge Market Research is a market research and consulting firm known for its innovative and unique approach, coupled with unparalleled resilience and integrated methods. We are committed to identifying prime market opportunities and delivering insightful information to help your business excel in the marketplace. Data Bridge provides customized solutions to complex business challenges, ensuring a seamless decision-making process. Founded in Pune in 2015, Data Bridge is the result of profound wisdom and extensive experience.

Contact Us:

Data Bridge Market Research

US: +1 614 591 3140

UK: +44 845 154 9652

APAC: +653 1251 975

Email:- corporatesales@databridgemarketresearch.com

 "

Contact Us:

Data Bridge Market Research

US: +1 614 591 3140

UK: +44 845 154 9652

APAC : +653 1251 975

Email: corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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