Burden of COVID-19 on the Market & Rehabilitation Plan | Global Kombucha Market 2020–2024 | Health Benefits of Kombucha to Boost Growth | Technavio
Technavio has been monitoring the global kombucha market and it is poised to grow by USD 2094.62 million during 2020–2024, progressing at a CAGR of over 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Brew Dr. Kombucha, GTs Living Foods, Health-Ade LLC, Humm Kombucha LLC, Kosmic Kombucha, LIVE Soda LLC, PepsiCo Inc., Rowdy Mermaid Kombucha, Suja Life LLC, and The Hain Celestial Group Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The health benefits of kombucha has been instrumental in driving the growth of the market.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/kombucha-market-industry-analysis
Kombucha Market 2020–2024: Segmentation
Kombucha Market is segmented as below:
- Distribution Channel
- Geographic Landscape
- Hypermarkets And Supermarkets
- Convenience Stores
- Others
- North America
- Europe
- APAC
- MEA
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41084
Kombucha Market 2020–2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The kombucha market report covers the following areas:
- Kombucha Market Size
- Kombucha Market Trends
- Kombucha Market Industry Analysis
This study identifies the packaging innovations and increasing marketing initiatives as one of the prime reasons driving the Kombucha Market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.