Market overview 

Craft soda is a special, small-batch, or artisanal soda that is a kind of soda drink that is brewed in small batches and it contains natural ingredients. The craft soda includes natural sweeteners like stevia, pure cane sugar and honey. The craft soda costs about three times as a traditional type of soda. These sodas are often in four packs, rather than 6-or 12-packs. The traditional colas and other soft drinks are now being replaced by craft sodas. 

Craft sodas are beverages that are generally preferred as an alternative which is much healthier than regular drinks that use carbonated water. These sodas are made with natural ingredients and contain few and no preservatives that can harm the body. The craft sodas are available in combinations of various fruits flavours that are combined with conventional sodas such as root bear, ginger ale, and sarsaparilla. 

The global craft soda market share report presents the growing demand for the beverages among the health-conscious population. The growing popularity of craft soda has inspired the beverage manufacturers to bring innovations in their product offerings and expand the key players in their product portfolio with artisanal roots. The global craft soda market report is studied based on the historical and future prospects of the market. 

Market segmentation

The global craft soda market report presents the market scenario that has been segmented based on the packaging type, category, and distribution channel. 

Based on the category, the global craft soda market can be split into:

• Organic
• Conventional 

And based on the packaging type, the global craft soda market can be classified into:

• Cans
• Bottles 
• Others

And overall based on the distribution channel, the global market can be divided into:

• Non-store based
• Store based

And with the store based segments, the global market can be subdivided into:

• Convenience stores
• Supermarkets and hypermarkets
• Others

To get more info: https://www.marketresearchfuture.com/press-release/craft-soda-market

Regional analysis 

The global craft soda market has been expanding extensively as for the regions of Europe (Germany, UK, France, Italy, Spain and the rest of Europe), North America (Canada, Mexico, US), Asia-Pacific (India, Japan, China, Australia, New Zealand), and the Rest of the World. The North American region will be witnessed to dominate the market in the forecast period till 2023. In this region, the US will be a major contributor to the growth of the craft soda market among the consumers. The soda market has been a growing market for the manufacturers and key players. The rising population with health consciousness and rapidly increasing awareness for the use and benefits of craft soda among people is responsible for the growth of the global craft soda market. 

Industry news

Jones Soda, a Washington-based beverage company, has announced that it has become the first corporate sponsor of The Race All-Star Esports Battle. The initiative was introduced by Torque Esports. This race has been developed in form of a new alternative virtual event due to sudden event cancellations in Formula 1, Formula E and other races got affected due to the coronavirus outbreak.