Global Craft Soda Market is estimated to be US$ 14.39 billion by 2030 with a CAGR of 4.9% during the

Abhi795419 May, 2022Business

Global Craft Soda Market accounted for US$ 8.90 billion in 2020 and is estimated to be US$ 14.39 billion by 2030 and is anticipated to register a CAGR of 4.9%. Traditional small batch made soda products are known as craft soda or micro manufacturers. Craft sodas are flavoured carbonated liquids that are commonly classified as soft drinks. Craft soda is classified as a non-traditional soft drink flavouring that appeals to a wide range of consumers looking for alternatives. Private labels and local companies have dominated the craft soda business over the last few years, with private labels and local players dominating the market all over the world. The craft soda market is predicted to increase at a significant rate over the forecast period. The expanding youth population in the region with a high youth population share, as well as its positioning in the market as an alternative to boring soft drink offerings internationally, are likely to fuel the craft soda industry.