Uploaded on Mar 17, 2021
Craft sodas are specialty drinks which are manufactured in small batches. They contain all-natural ingredients with variation in natural flavors such as root beer, ginger ale, and crème soda; fruit varieties like orange and cherry; and include natural sweeteners such as pure cane sugar, honey, and stevia, among others. They are mainly available in bottles and cans across the globe.
Craft Soda Market Research Report to 2023
CRAFT SODA MARKET REPORT 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
CRAFT SODA MARKET 2020
Craft Soda Market 2020: Industry Survey, Growth, Competitive
Landscape and Forecasts to 2023
Craft sodas are specialty drinks which are manufactured in small batches. They contain all-natural ingredients
with variation in natural flavors such as root beer, ginger ale, and crème soda; fruit varieties like orange and
cherry; and include natural sweeteners such as pure cane sugar, honey, and stevia, among others. They are
mainly available in bottles and cans across the globe.
The global craft soda market has been segregated, by category, into conventional and organic. The conventional
segment is expected to dominate the global craft soda market during the assessment period. However, the
organic segment is expected to grow at a higher CAGR during the forecast period owing to the rising preference
of consumers for organic products. The awareness towards the benefits of organic products is expected to drive
the growth of the segment.
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CRAFT SODA MARKET 2020
MARKET HIGHLIGHTS
The global craft soda market has been segregated, by packaging type, into bottles and cans. The bottles segment
is expected to dominate the global craft soda market during the assessment period. However, the cans segment
is expected to grow at the highest CAGR during the forecast period owing to its on-the-go convenience.
The global market for craft soda has also been classified, by distribution channel, as store-based and non-store
based; with store-based segment being sub divided to supermarkets & hypermarkets, convenience stores, and
others. The store-based segment is expected to dominate the market wherein supermarkets & hypermarkets
are expected to hold a prominent share. However, the convenience store segment is expected to register the
highest CAGR during the forecast period. The convenience stores are expanding their range of beverages in the
shelves which is expected to boost the growth of this segment.
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CRAFT SODA MARKET 2020
REGIONAL ANALYSIS
On the basis of region, the global craft soda market has been segmented by North America, Europe, Asia-Pacific,
and RoW. North America is expected to dominate the global craft soda market. Also, the growing demand for
organic craft soda in the US is projected to further assist the growth of the market in this region. Europe is also
estimated to hold a prominent share in the global craft soda market with growing demand for craft beverages.
The craft soda market in Asia-Pacific is expected to grow rapidly with growing preference for flavored
carbonated drinks among the consumers. Emerging markets such as China, India, and Australia are projected to
majorly contribute to the growth of the craft soda market in this region. Manufacturers have a high growth
potential in these regions to penetrate their products in the untapped markets.
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CRAFT SODA MARKET 2020
Application & Major Players in this Research:
Craft Soda Market Prominent Players:
• Dr Pepper Snapple Group, Inc (US)
• Appalachian Brewing Company (US)
• Peak Drive Beverages (Canada)
• Cannonborough Beverage Co. (US)
• Five Star Soda (US)
• Brix Soda Company (US)
• Phillips Soda Works (Canada)
• Bucksnort Soda Company ltd. (US)
• Tuxen Brewing Company (Denmark)
• Batch Craft Soda (US)
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