Market Overview
Alcoholic
Kombucha Market is projected to achieve a value of USD 42.6 Million in 2023,
with a linear behavior in the market growth it is forecasted to achieve a value
of USD 277.6 Million by 2033 with a CAGR of 23.5% during the forecast period
2023-2033.
Alcoholic
kombucha is a fermented beverage that combines the probiotic-rich qualities of
traditional kombucha with alcohol content. Kombucha, in its non-alcoholic form,
is made by fermenting sweetened tea with a symbiotic culture of bacteria and
yeast (SCOBY), resulting in a fizzy, tangy, and slightly sour drink.
To
create alcoholic kombucha, the fermentation process is allowed to continue
beyond what is typical for regular kombucha. This extended fermentation period
allows the yeast to convert more of the sugar in the tea into alcohol. As a
result, alcoholic kombucha has an alcohol by volume (ABV) content, typically
ranging from about 2% to 7%, though it can sometimes be higher depending on the
production methods and length of fermentation.
There Are Some Key Findings From Alcoholic Kombucha
Market Surveys Conducted In 2023:
·
Demographics: Alcoholic
kombucha is most popular among millennials and Gen Z consumers, with over 70%
of consumers in these age groups reporting that they have tried alcoholic
kombucha.
·
Price: Consumers are
willing to pay a premium for alcoholic kombucha, with the average price per can
ranging from $5 to $7.
·
Purchase drivers:
Consumers are most likely to purchase alcoholic kombucha from brands that they
trust and recognize, and from brands that use organic and natural ingredients.
·
Alcoholic kombucha is
most popular in urban areas. Nearly 60% of alcoholic kombucha consumers live in
urban areas.
·
Alcoholic kombucha is
consumed most often at home. Over 70% of alcoholic kombucha consumers consume
the beverage at home, while about 30% consume it at bars and restaurants.
Market Scope
Report Attributes |
Description |
Market Size in 2022 |
USD
42.6 Million |
Market Forecast in 2033 |
USD 277.6
Million |
CAGR % 2023-2033 |
23.5% |
Base Year |
2022 |
Historic Data |
2016-2021 |
Forecast Period |
2023-2031 |
Report USP |
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
Growth Drivers |
Growing demand for natural and organic products in alcohol industry Consumers are increasingly seeking
healthier beverage options, and alcoholic kombucha aligns with this trend. Rising Demand for Functional Beverages |
Segments Covered |
Type, application
and end-user |
Regional Scope |
North America, Europe, APAC, South
America and Middle East and Africa |
Country Scope |
U.S.; Canada; U.K.;
Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China;
India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil;
Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies |
Boochcraft, Kombucha Wonder Drink, GT's
Living Foods, Brooklyn Kombucha, Health-Ade Kombucha, Brew Dr. Kombucha, Humm
Kombucha, Flying Embers Kombucha, JuneShine Hard Kombucha, Crook & Marker
Hard Kombucha, Two Roads Hard Kombucha |
Market Dynamics
Increasing
consumer demand for healthier and more functional alcoholic beverages are one
of the primary factor that is propelling alcoholic kombucha market. Consumers
are looking for alcoholic beverages that are lower in calories, sugar, and
carbohydrates, and that offer additional health benefits. Alcoholic kombucha
fits this bill, as it is typically lower in calories and sugar than traditional
alcoholic beverages, and it is a good source of probiotics.
Growing Awareness Of The Health Benefits Of Kombucha:
Kombucha is a fermented tea beverage that has been consumed for centuries for
its health benefits. Kombucha is thought to support gut health, boost the
immune system, and improve digestion. Alcoholic kombucha provides the same
health benefits as traditional kombucha, with the added bonus of a small amount
of alcohol.
The Rising Popularity Of Craft Brewing And Artisanal
Beverages: Consumers are increasingly interested in
trying new and unique food and beverage products. Craft brewing and artisanal
beverages have become very popular in recent years, and alcoholic kombucha is
part of this trend. Alcoholic kombucha is often produced by small, independent
breweries, and it is offered in a variety of unique and innovative flavors.
The Increasing Availability Of Alcoholic Kombucha In
Retail Stores And Online: Alcoholic kombucha is
becoming more widely available in retail stores and online. This is making it
easier for consumers to find and purchase alcoholic kombucha products.
The
alcoholic kombucha market is still in its early stages of development, but it
is growing rapidly. As more consumers become aware of the health benefits of
alcoholic kombucha and the availability of alcoholic kombucha products
increases, the market is expected to continue to grow in the coming years.
Competition From Other Alcoholic Beverages:
Alcoholic kombucha competes with other alcoholic beverages, such as beer, wine,
and spirits. These established alcoholic beverages have a strong brand presence
and a loyal customer base.
High Price Point:
Alcoholic kombucha is typically more expensive than traditional alcoholic
beverages. This is due to the fact that alcoholic kombucha is a more complex
product to produce, which is further restricting the alcoholic kombucha market
growth.
Limited Availability:
Alcoholic kombucha is not yet as widely available as traditional alcoholic
beverages. This can make it difficult for consumers to find and purchase
alcoholic kombucha products.
Market Type Analysis
The
alcoholic kombucha market is segmented by type into original and flavored. The
flavored segment is expected to hold a larger market share accounting around
51% in 2023 and beyond. This is due to the growing consumer preference for new
and innovative flavors. Additionally, flavored alcoholic kombucha is often
perceived as being more accessible to new consumers than original alcoholic
kombucha, which may have a stronger, more sour flavor.
Market Product Analysis
The
alcoholic kombucha market is segmented by product into conventional and hard.
The hard kombucha segment is expected to hold a larger market share of around
65% in 2023. This is due to the growing consumer preference for alcoholic
kombucha with a higher alcohol content. Hard kombucha is typically perceived as
being more refreshing and flavorful than conventional alcoholic kombucha, which
has a lower alcohol content.
Market Alcohol By Volume (ABV) Content Analysis
The
6.0% to 10.0% ABV segment is the largest and fastest-growing segment of the
alcoholic kombucha market. This is due to the growing consumer preference for
alcoholic kombucha with a higher alcohol content. Hard kombucha is typically
perceived as being more refreshing and flavorful than conventional alcoholic
kombucha, which has a lower alcohol content.
The
up to 5.0% ABV segment is the second-largest segment of the market. This
segment is likely to attract consumers who are looking for a healthier
alternative to traditional alcoholic beverages, as alcoholic kombucha with a
lower ABV content is typically lower in calories and sugar.
The
others (> 10.0% ABV) segment is the smallest segment of the alcoholic
kombucha market. This is likely due to the fact that alcoholic kombucha with a
higher ABV content is perceived as being more similar to traditional alcoholic
beverages, such as beer and wine.
The
alcoholic kombucha market is still in its early stages of development, but it
is growing rapidly. The 6.0% to 10.0% ABV segment is expected to continue to
hold the largest market share in the coming years, as consumers continue to
seek out alcoholic kombucha with a higher alcohol content.
Market Regional Analysis
The
alcoholic kombucha market is segmented by region into North America, Europe,
Asia Pacific, and the Rest of the World. North America is expected to hold the
largest market share of around 50% in 2023. This is due to the early adoption
of alcoholic kombucha in the region and the presence of major players such as
Boochcraft and JuneShine.
Europe
is expected to grow rapidly in the coming years, due to the increasing
awareness of the health benefits of kombucha and the growing popularity of
craft brewing in the region. The Asia Pacific market is also expected to grow
rapidly, due to the rising disposable income and the increasing demand for
Western-style food and beverages in the region.
The
alcoholic kombucha market is still in its early stages of development in the
Rest of the World, but it is expected to grow significantly in the coming
years. This is due to the increasing awareness of the health benefits of
kombucha and the growing popularity of craft brewing in emerging markets.
Competitive
Analysis
Some
of the major companies operating within the Alcoholic Kombucha market are Boochcraft,
JuneShine, Flying Embers, Kombucha Wonder Drink, GT's Living Foods, Brooklyn
Kombucha, Health-Ade Kombucha, Brew Dr. Kombucha, Humm Kombucha, Two Roads Hard
Kombucha, Crook & Marker Hard Kombucha, Angry Orchard Hard Kombucha and
others.
The
alcoholic kombucha market is still relatively new and fragmented, with no
single company dominating the market share. Boochcraft and JuneShine are the
two largest players in the market, with a combined market share of over 25%.
Other leading players, such as Flying Embers and Kombucha Wonder Drink, likely
have market shares in the single digits.
The
alcoholic kombucha market is expected to continue to grow rapidly in the coming
years, and this is likely to lead to increased competition among the leading
players. However, Boochcraft and JuneShine are well-positioned to maintain
their market leadership positions, given their strong brand recognition and
distribution networks.
By Type
·
Original
·
Flavored
o Herbs
& Spices
o Fruits
o Flowers
o Others
By Product
·
Conventional
·
Hard
By Alcohol Volume (ABV) Content
·
Up to 5.0% ABV
·
6.0% to 10.0% ABV
·
Others
By Distribution Channel
·
On Trade
·
Off Trade
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The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
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An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Global Alcoholic Kombucha market was valued at USD 42.6 Million in 2022 and is estimated to reach value of 277.2 million by 2033.
China, Japan, India, Spain, Brazil, France and Italy are the fastest growing countries within the global market.
AerCap Holdings N.V., GE Capital Aviation Services and SMBC Aviation Capital are the top 3 companies in the market, with AerCap Holdings N.V. a share of more than 15%.
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