Craft Soda Market Regional Landscape, Production, Sales & Consumption Status Report By 2023
“The factors that are playing a major role in the growth of craft soda market are the growing concern among populace regarding obesity, the rising demand for natural sweeteners with lowcalorie content, the changing lifestyle, and the high demand from youngsters. However, strict government policy and the increasing social awareness among populace may restrain the overall market growth in the years to come.�
Global craft soda market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Craft soda is a soft drink that is flavored carbonated drink is an alternative to attract consumers. The factors that are playing a major role in the growth of craft soda market are the growing concern among populace regarding obesity, the rising demand for natural sweeteners with low-calorie content, the changing lifestyle, and the high demand from youngsters. However, strict government policy and the increasing social awareness among populace may restrain the overall market growth in the years to come. The market is segmented based on product type, packaging, flavor, distribution channel, and region. Organic and natural craft soda are the product types that could be explored in craft soda market in the forecast period. Organic craft soda sector accounted for the substantial market share of craft soda and is estimated to lead the overall market in the years to come. The reason could be the growing health-conscious populace. Also, the natural sector is estimated to grow at the fastest pace in the years to come. Cans, glass, pouches, and P.E.T are the packaging types that could be explored in craft soda market in the forecast period. Glass sector accounted for the substantial market share of craft soda and is estimated to continue its dominance in the years to come. Based on the flavors, tropical fruits, root beer, passion fruit, orange, and others could classify the market in the forecast period. Root beer and orange sectors are estimated to account for the majority share of the market and are estimated to lead the overall market in the years to come. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/craft-soda-market