Soda Maker Market Expected to Expand $1,769.29M By 2032,CAGR:7.4%

Soda Maker Market Size Worth $1,769.29 Million By 2032 | CAGR: 7.4%


The global soda maker market size is expected to reach USD 1,769.29 million by 2032, according to a new study by Polaris Market Research. The report “Soda Maker Market Share, Size, Trends, Industry Analysis Report, By Type (Electric, Manual), By End Use (Residential, Commercial), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The increasing popularity of soda makers is closely linked to the rising demand for healthier beverage options. As more individuals become conscious of their sugar intake, they seek alternatives to traditional sugary sodas. Soda makers have emerged as a solution to this concern. These devices empower users to produce sparkling water without the inclusion of excess sugars and calories typically present in commercially available sodas.

By using soda makers, individuals can carbonate water at home, allowing for the creation of fizzy beverages without relying on pre-packaged, sugary sodas from stores. This process grants consumers full control over the ingredients, ensuring that no additional sugars or calories are introduced during carbonation. Consequently, homemade sparkling water becomes a healthier alternative, meeting the demand for beverages that are not only refreshing but also low in sugar, aligning with the growing emphasis on health-conscious choices in today's consumer market.

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The market has witnessed notable growth due to strategic initiatives employed by various companies. One such strategy involves the introduction of soda makers, a move aimed at broadening their customer reach within this specialized market. These introductions are indicative of the industry's innovative approach to meeting consumer demands and preferences. Additionally, the market has experienced positive effects from these innovative strategies. By offering diverse soda maker options, companies can cater to a wider range of consumer needs and preferences, enhancing their competitive position. Moreover, the introduction of new products serves to gain a competitive edge in this dynamic market landscape.

As more companies enter this niche market, the overall competition intensifies. Consequently, this environment fosters a culture of innovation, encouraging companies to continually enhance their offerings. This innovation not only benefits the companies themselves by differentiating them from competitors but also provides consumers with a broader array of choices, leading to a vibrant and diverse soda water market. The continual introduction of new products not only attracts new customers but also keeps existing ones engaged, contributing to the overall growth and vitality of the market.

Soda Maker Market Report Highlights

  • Manual segment held the largest share, as they are less expensive compared to electric ones, and are well suited for budget conscious population
  • Online segment will grow at the rapid pace, owing to wider reach, discounts, better deals, and innovative campaigns for attract younger generation
  • North America held the largest share, on account of rise in consumption of soda in different flavors among general population
  • The global players include AARKE AB, CO-Z, Drinkpod, i-Drink Products, iSi GmbH, Mysoda, SodaStream, and Sparkel Beverage Systems

Polaris Market Research has segmented the soda maker market report based on type, end use, distribution channel, and region:

Soda Maker, Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Manual
  • Electric

Soda Maker, End Use Outlook (Revenue - USD Million, 2019 - 2032)

  • Residential
  • Commercial
    • Hotels
    • Bars & pubs
    • Others

Soda Maker, Distribution Channel Outlook (Revenue - USD Million, 2019 - 2032)

  • Online
  • Offline

Soda Maker, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

Soda Maker Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 996.49 million

Revenue forecast in 2032

USD 1769.29 million

CAGR

7.4% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD million and CAGR from 2023 to 2032

Segments covered

By Type, By End Use, By Distribution Channel, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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