Craft Soda Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research presents an extensive analysis of the global Craft Soda Market, offering a comprehensive overview of key market dynamics, growth drivers, challenges, and emerging trends. This report provides valuable insights into the structure of the craft soda market, presenting exclusive data and statistics that forecast the market's growth trajectory from 2023 to 2030.

The global craft soda market is forecast to expand at a CAGR of 5.3% and thereby increase from a value of US$7.5 Bn in 2023 to US$10.8 Bn by the end of 2030.

Key Insights:

Craft Soda Market Size (2023E): USD 7.5 Billion
Projected Market Value (2030F): USD 10.8 Billion
Global Market Growth Rate (CAGR 2023 to 2030): 5.3%
Historical Market Growth Rate (CAGR 2018 to 2022): 4.7%

Craft Soda Market - Report Scope:

The craft soda market comprises a diverse range of artisanal, small-batch sodas that differentiate themselves from mainstream carbonated beverages through unique flavors, high-quality ingredients, and often, reduced sugar content. Craft sodas appeal to consumers seeking distinctive taste experiences and premium beverage options. The market growth is driven by shifting consumer preferences toward natural, authentic, and locally produced products, as well as the desire for innovative and exotic flavors. Craft soda producers often focus on sustainable and eco-friendly practices, further enhancing their appeal to environmentally conscious consumers.

Market Growth Drivers:

The global craft soda market is fueled by a consumer shift towards unique and premium beverage choices. Craft sodas, with their emphasis on quality ingredients, natural flavors, and unconventional combinations, cater to the demand for differentiated and authentic taste experiences. The movement towards healthier lifestyles and the preference for beverages with fewer artificial additives drive the market, with craft sodas often positioned as a healthier alternative to traditional sodas. Furthermore, the growing trend of supporting local and independent businesses contributes to the popularity of craft sodas, as many producers operate on a smaller scale.

Market Restraints:

Despite the positive growth outlook, the craft soda market faces challenges related to distribution and shelf space. Craft sodas, often produced by smaller, independent companies, may encounter difficulties in securing prominent shelf placements in retail outlets dominated by large beverage corporations. Distribution challenges, including logistical complexities and cost considerations, can limit the reach of craft sodas to a broader consumer base. Additionally, pricing dynamics, as craft sodas are generally positioned at a premium price point, may influence purchasing decisions, particularly in price-sensitive markets.

Market Opportunities:

The craft soda market presents opportunities for innovation and diversification. Producers can capitalize on evolving consumer preferences by introducing new and unique flavors, experimenting with natural sweeteners, and exploring functional ingredients. Collaboration with local businesses, restaurants, and cafes can enhance visibility and accessibility. Furthermore, embracing eco-friendly packaging and sustainable practices aligns with the growing demand for environmentally conscious products, creating a competitive edge in the market.

Key Questions Answered in the Report:

What factors are driving the growth of the craft soda market globally?
How are consumer preferences evolving, and what impact does this have on craft soda trends?
What challenges and opportunities exist for craft soda producers in the current market landscape?
Who are the key players contributing to the craft soda market, and what strategies are they employing to maintain market share?
How is the craft soda market expected to evolve in different regions around the world?

Competitive Intelligence and Business Strategy:

Key players in the global craft soda market, including Reed's Inc., Jones Soda Co., and Boylan Bottling Co., focus on differentiation through unique flavors, high-quality ingredients, and brand positioning. These companies invest in marketing strategies that highlight the artisanal and premium nature of their sodas, connecting with consumers seeking distinctive taste experiences. Collaborations with local retailers, restaurants, and cafes enhance visibility, while innovative packaging and sustainable practices contribute to brand image and appeal.

Key Companies Profiled:

Jones Soda Co.
Appalachian Brewing Co.
Reed's Inc.
PepsiCo, Inc.
The Original Craft Soda Company
The Coca-Cola Company
Crooked Beverage Co.
SIPP eco beverage co. Inc.
Boylan Bottling Co.
Wild Poppy Company
Others

Craft Soda Market Research Segmentation:

Craft sodas encompass a wide range of flavors and styles, catering to diverse consumer preferences. The market segmentation includes variations in flavor profiles, packaging formats, and distribution channels.

By Flavor:

Cola
Tropical Fruits
Berries
Others

By Packaging:

Glass
Cans
Plastic
Others

By Distribution Channel:

On-Trade
Off-Trade
B2C

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33773

1. Executive Summary

1.1. Global Craft Soda Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Application Lifecycle Analysis
2.4. Craft Soda Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Craft Soda Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Craft Soda Market Outlook: Flavor
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Flavor, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Flavor, 2023 - 2030
  - 3.3.3.1. Cola
  - 3.3.3.2. Tropical Fruits
  - 3.3.3.3. Berries
  - 3.3.3.4. Others
3.4. Market Attractiveness Analysis: Flavor
3.5. Global Craft Soda Market Outlook: Packaging
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Packaging, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Packaging, 2023 - 2030
  - 3.5.3.1. Glass
  - 3.5.3.2. Cans
  - 3.5.3.3. Plastic
  - 3.5.3.4. Others
3.6. Market Attractiveness Analysis: Packaging
3.7. Global Craft Soda Market Outlook: Distribution Channel
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Distribution Channel, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
  - 3.7.3.1. On-Trade
  - 3.7.3.2. Off-Trade
  - 3.7.3.3. B2C
3.8. Market Attractiveness Analysis: Distribution Channel

4. Global Craft Soda Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Craft Soda Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Flavor
- 5.3.3. By Packaging
- 5.3.4. By Distribution Channel
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Flavor, 2023 - 2030
- 5.5.1. Cola
- 5.5.2. Tropical Fruits
- 5.5.3. Berries
- 5.5.4. Others
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Packaging, 2023 - 2030
- 5.6.1. Glass
- 5.6.2. Cans
- 5.6.3. Plastic
- 5.6.4. Others
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
- 5.7.1. On-Trade
- 5.7.2. Off-Trade
- 5.7.3. B2C
5.8. Market Attractiveness Analysis

6. Europe Craft Soda Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Flavor
- 6.3.3. By Packaging
- 6.3.4. By Distribution Channel
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Flavor, 2023 - 2030
- 6.5.1. Cola
- 6.5.2. Tropical Fruits
- 6.5.3. Berries
- 6.5.4. Others
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Packaging, 2023 - 2030
- 6.6.1. Glass
- 6.6.2. Cans
- 6.6.3. Plastic
- 6.6.4. Others
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
- 6.7.1. On-Trade
- 6.7.2. Off-Trade
- 6.7.3. B2C
6.8. Market Attractiveness Analysis

7. East Asia Craft Soda Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Flavor
- 7.3.3. By Packaging
- 7.3.4. By Distribution Channel
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Flavor, 2023 - 2030
- 7.5.1. Cola
- 7.5.2. Tropical Fruits
- 7.5.3. Berries
- 7.5.4. Others
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Packaging, 2023 - 2030
- 7.6.1. Glass
- 7.6.2. Cans
- 7.6.3. Plastic
- 7.6.4. Others
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
- 7.7.1. On-Trade
- 7.7.2. Off-Trade
- 7.7.3. B2C
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Craft Soda Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Flavor
- 8.3.3. By Packaging
- 8.3.4. By Distribution Channel
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Flavor, 2023 - 2030
- 8.5.1. Cola
- 8.5.2. Tropical Fruits
- 8.5.3. Berries
- 8.5.4. Others
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Packaging, 2023 - 2030
- 8.6.1. Glass
- 8.6.2. Cans
- 8.6.3. Plastic
- 8.6.4. Others
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
- 8.7.1. On-Trade
- 8.7.2. Off-Trade
- 8.7.3. B2C
8.8. Market Attractiveness Analysis

9. Latin America Craft Soda Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Flavor
- 9.3.3. By Packaging
- 9.3.4. By Distribution Channel
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Flavor, 2023 - 2030
- 9.5.1. Cola
- 9.5.2. Tropical Fruits
- 9.5.3. Berries
- 9.5.4. Others
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Packaging, 2023 - 2030
- 9.6.1. Glass
- 9.6.2. Cans
- 9.6.3. Plastic
- 9.6.4. Others
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
- 9.7.1. On-Trade
- 9.7.2. Off-Trade
- 9.7.3. B2C
9.8. Market Attractiveness Analysis

10. Middle East & Africa Craft Soda Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Flavor
- 10.3.3. By Packaging
- 10.3.4. By Distribution Channel
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Flavor, 2023 - 2030
- 10.5.1. Cola
- 10.5.2. Tropical Fruits
- 10.5.3. Berries
- 10.5.4. Others
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Packaging, 2023 - 2030
- 10.6.1. Glass
- 10.6.2. Cans
- 10.6.3. Plastic
- 10.6.4. Others
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Distribution Channel, 2023 - 2030
- 10.7.1. On-Trade
- 10.7.2. Off-Trade
- 10.7.3. B2C
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Analog IC
- 11.2.3. Apparent Application Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Jones Soda Co.
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Application
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Appalachian Brewing Co.
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Application
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Reed's Inc.
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Application
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. PepsiCo, Inc.
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Application
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. The Original Craft Soda Company
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Application
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. The Coca-Cola Company
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Application
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Crooked Beverage Co.
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Application
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. SIPP eco beverage co. Inc.
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Application
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Boylan Bottling Co.
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Application
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. Wild Poppy Company
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Application
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy
- 11.3.11. Others

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations