The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The growing popularity of functional beverages is propelling the kvass market ahead. A functional beverage is a non-alcoholic beverage that contains herbs, vitamins, minerals, amino acids, or other fresh fruit or vegetables. Kvass is a functional beverage that has been shown to improve the immune system, cleanse the blood, and treat digestive issues.

The global kvass market is expected to grow from $2.63billion in 2022 to $2.94 billion in 2023 at a compound annual growth rate (CAGR) of 11.7%. The market is expected to reach $4.36 billion in 2027 at a CAGR of 10.3%.

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Global Kvass Market Segments Include:

• By Type: Bread Flavor, Milk Flavor, Other Types
• By Packaging Type: Bottle, Can, Other Packaging Types
• By Price Point: Premium, Mass
• By Distribution Channel: Supermarket, Convenience Store, E-Commerce, Food service, Other Distribution Channels
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe is the largest region in the global kvass market in 2021.

Major Market Players in the kvass market include All Stars Beverages Inc., Bryanskpivo OAO, Carlsberg Group, Coca-Cola Company, Gubernija AB, Kvass Beverages LLC, Ochakovo Company, PepsiCo Inc.

Product innovations are a crucial trend that is gaining traction in the kvass market. To maintain their market position, major kvass companies are launching novel products such as Kolo-Cola Kvass.

The Kvass Global Market Report 2023  provides a kvass market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The kvass market forecast analyzes kvass market size, kvass market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Kvass is a traditional fermented beverage created by fermenting bread or rye flour with water and sugar, and it is frequently flavored with fruits, herbs, or spices. It is used as both a probiotic and a refreshing beverage.

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