Latest Research Study Titled, “Craft Soda Market By Product Type, Target Consumer, And Distribution Channel - Global Industry Analysis And Forecast To 2023”, Published By Crystal Market Research
The global Craft Soda Market was worth USD 0.48 billion in 2014 and is expected to reach approximately USD 0.66 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 3.53% during the forecast period. Increasing population in emerging nations alongside the rising level of disposable income of consumers is anticipated to positively affect the product business in the coming years. Furthermore, the developing health concerns and rising awareness with respect to the usage of organic products are probably going to additionally support this growth. The switching inclination of consumers from sugar-loaded beverages to low-sugar or mid-calorie beverages and picking craft soda as a substitute for alcoholic beverages is anticipated to cultivate industry development amid the conjecture period. Furthermore, developing concern toward obesity and switching inclinations of consumers toward natural beverages are reshaping the worldwide craft soda industry.
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