Latin America Kombucha Market Size, Share, Growth (2022-2027)
Latin America Kombucha Market was worth USD 112.75 million in 2022 and estimated to be growing at a CAGR of 25.6%, to reach USD 349.48 million by 2027
kombucha is a beneficial beverage prepared by fermenting tea with microbes. Kombucha, also referred to as tea mushroom is a type of fermented, slightly effervescent black or green tea drink that is intended as functional beverage for their health benefits. Kombucha is made by fermenting the team using a symbiotic colony of bacteria and yeast (SCOBY). Kombucha has been promoted with claims that it can treat a wide variety of human illnesses, including AIDS, cancer, cardiovascular diseases, and diabetes.
Primary factors accounted for driving the market are the high prevalence of chronic diseases, increasing health awareness among individuals, changing lifestyles driving individuals to opt for functional foods and beverages and rising disposable income. However, factors like storage problems, adverse effects caused by contaminated Kombucha and stringent regulations are the factors restricting the growth of the market.
Latin America Kombucha Market Segmentation:
The Latin American market for Kombucha is segmented
based on
Types
Flavours
Based on Type
Bacteria
Yeast
Mould
Based on Flavours –
Herbs & Spices
Citrus, Berries
Apple
Coconut & Mangoes
Flowers
Latin America Kombucha Market Geographical Classification:
Brazil
Argentina
Mexico
Rest of Latin America
Latin America Kombucha Market Regional Analysis:
Brazil is leading the market regionally, due to the presence of market leaders and the increasing popularity of the health benefits of Kombucha among individuals. Argentina is expected to grow the fastest owing to its increasing disposable income, growing government initiatives to manufacture Kombucha and growing adoption rate. Yeast fermented Kombucha holds the major share in the market due to its cost advantage and ease of handling while bacterial Kombucha is expected to grow at a higher CAGR due to its increasing adoption and applications.
Leading Key Companies Covered in this research report are:
Millennium Products, Inc.
Reed’s, Inc.
The Hain Celestial Group
Revive Kombucha
Kosmic Kombucha
Nique Corporation
Buchi Kombucha
GT's Kombucha
Townshend’s Tea Company
The Humm Kombucha Llc
Red Bull Gmbh, Makana Beverages Inc.
Nesalla Kombucha
Live Soda Kombucha
Kombucha Wonder Drink
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