Craft Soda Market size was valued at US$ 617.41 Mn. in 2022 and the total Craft Soda revenue is expected to grow at 3.5% through 2023 to 2029, reaching nearly US$ 785.52 Mn.

Market overview :

The market research study Craft Soda investigates and assesses the market's position during the forecast period. It is comprehensive research that focuses on primary and secondary drivers, market share, leading segments, and regional analysis. The study also examines prominent persons, big partnerships, mergers, and acquisitions, as well as current innovation and corporate strategy.

Market Scope:

We looked at the Craft Soda Market from every perspective possible, using both primary and secondary research methodologies. This increased our understanding of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, and customer habits, among other things. The data is then compiled and assessed using a range of market estimation and data validation methodologies. Furthermore, we have an in-house data forecasting system that forecasts market growth until 2029.

Following the completion of market engineering, which included calculations for market statistics, market size estimations, market projections, market breakdown, and data triangulation, extensive primary research was conducted to obtain information and verify and validate key numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.

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Segmentation:

By Packaging

During the projected period, the Glass bottle segment is anticipated to increase at the fastest rate. Because CO2 cannot easily escape through glass, soda in a glass bottle will remain longer. The soda won't get flat and will taste great when users open the bottle. Glass bottles don't hold as much soda and are more expensive, which is their only drawback.
By Product Type

In 2022, the organic craft soda sector led the market and had a 62% market share. Demand for organic craft soda is rising as a result of rising health concerns and strong market penetration. A non-traditionally flavoured soft drink called Organic Craft soda is produced for people looking for alternatives. Customers that are more concerned with their health are predicted to drive the industry. A craft soda product manufactured with natural components is thought to be a healthier option than a typical soft drink made with artificial additives by about 60% of Americans.

By Distribution Channel

With 58.2% of the market share in 2022, the indirect segment led the Craft Soda market. This increase can be ascribed to e-commerce websites becoming more and more popular with consumers worldwide. Customers may more easily obtain a variety of craft sodas in different sorts and flavours thanks to the indirect category.

by Packaging
• Cans
• Glass
• Others

by Product Type
• Conventional
• Organic

by Flavor
• Passion Fruit
• Root Beer
• Orange
• Tropical Fruits
• Berries
• Others

by Distribution Channel
• Indirect
• Direct

Key Players:

Primary and secondary research are used to identify industry leaders, and primary and secondary research are used to estimate market revenue. The core study included in-depth interviews with key thought leaders and industry specialists such as seasoned front-line employees, CEOs, and marketing personnel. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing personnel were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff and marketing personnel, while secondary research included a review of the main manufacturers' annual and financial reports. Secondary data is utilized to compute percentage splits, market shares, growth rates, and global market breakdowns, which are then checked using primary data. The players highlighted in this report are as follows:

• Appalachian Brewing Co
• SIPP eco beverage co., Inc.
• Wild Poppy Company
• Boylan Bottling Co.
• Tuxen Brewing Co.
• Justcraft Soda
• Five Star Soda
• Batch Craft Soda
• Brooklyn Organics
• Blue Sky
• Dry Soda Co
• Excel Bottling
• Bai brands
• Reed's
• Pepsi
• Jones Soda Co.
• The Original Craft Soda Company
• Crooked Beverage Co
• The Coca-Cola Company
• Q Drinks
• Crooked Beverage Co.
• Dr Pepper Snapple Group, Inc
• Peak Drive Beverages
• Cannonborough Beverage Co.
• Phillips Soda Works
• Gus

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Regional Analysis:

The research includes both qualitative and quantitative data and provides an in-depth look into the Craft Soda industrial sector by region. It provides an overview and prediction of the global Craft Soda market segment by segment. It also projects and estimates the market size for five key regions from 2022 to 2029: North America, Europe, Asia-Pacific, the Middle East, Africa, and South America. The Craft Soda market in each area is further segmented into regions and sectors. The research studies and anticipates a wide range of nations, as well as current trends and opportunities in the sector.

COVID-19 Impact Analysis on Craft Soda Market:

We investigated and analyzed the Global Craft Soda Business Expansion Strategy post-COVID-19, by organizational strategic analysis, landscape, category, utilization, and leading countries, which encapsulates and analyses the global Craft Soda industry's potential, providing statistical data on market trends, growth regulators, major challenges, PORTER analysis, and market entry strategy analysis, prospects, and forecasts. The primary goal of the study is to provide industrial enterprises with a strategic analysis of COVID-19's impact. Simultaneously, this research examined key nations' marketplaces and emphasized their market potential in post-pandemic situations.

Key Questions Answered in the Craft Soda Market Report are:

What are the most promising high-growth opportunities in the global Craft Soda sector, as defined by product category, End User, and Region?
Which Craft Soda market segments will expand the fastest, and why?
Which regions will have the fastest growth, and why?
What are the primary elements influencing Craft Soda market dynamics? What are the primary drivers and obstacles in the Craft Soda market?
What are the Craft Soda market's weaknesses and threats?


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