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Soda Maker Market size was valued at over USD 1 billion in 2022 and is expected to grow at a CAGR of over 5% during the forecast period. The rising consumer preferences for on-the-go drinks and different flavors & tastes are driving the industry. The increasing demand for low-calorie and low-carb soda is augmenting the soda maker market growth. Adding artificial sweeteners to SodaStream flavors lowers their calorie counts. The expansion of the overall functional beverage market and the increasing consumer health awareness are propelling the growth of low-calorie beverages. The easy availability of low-calorie or no-calorie beverages in marketplaces such as Walmart and convenience stores is further driving business share.
Soda makers are more cost-effective and convenient for customers, who prefer soda & carbonated beverages on a regular basis. They allow easy customization of drinks according to consumer preferences. Many soda makers are portable, making them easy to carry and more convenient. They can create drinks using natural ingredients and without the use of artificial colors, additives, flavors, and sweeteners. These soda drinks contain less sugar and fewer calories, making them healthy alternatives to industrially-produced soft drinks.
Carbonated water has a low pH value. High usage of carbonated water can lead to acidic erosion of the teeth. Similarly, a lack of cleaning & maintenance of machines using carbonated water can lead to bacterial infections. These associated side effects will hinder soda maker market trends during the forecast period.
Based on type, the non-electric segment is expected to develop significantly throughout forecast period. These machines do not require electricity and are more convenient to use as they can be easily installed in any place without access to a power supply. Some local vendors use these machines in portable truck shops. These machines make drinks stay fresh & delicious for hours. Soda drinks can be prepared quickly & easily using these machines.
Based on application, the commercial segment is expected to grow significantly during the forecast period. Soda makers are used in various establishments such as hotels, restaurants, cafes, bars, and cafes. They are also used by large food companies to produce soft drinks. These machines are equipped with features such as automatic carbonation, large carbonation tanks, and high-pressure compressors, making them suitable for commercial applications.
Asia Pacific soda maker market is expected to grow steadily over the projected period. The expanding beverage industry is augmenting regional market growth. The APAC market is driven by changing eating habits, increasing youth, and the growing demand for soft drinks in the region. To meet new challenges, companies are innovating and developing products considering the health & well-being of consumers in the region. The rising health awareness and demand for sugar-free & nutritional beverages are some major factors driving the market growth of soda makers.
Some major players in the soda maker market are SodaStream, AG, Hamilton Beach, and iSODA, KitchenAid. The introduction of new technologies helps manufacturers to develop innovative products that appeal to consumer preferences, contributing to global market growth. Major players engage in mergers & acquisitions and product innovations as key strategies to achieve integration and product optimization.
The soda maker market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue in USD from 2018 to 2032 for the following segments:
By Service
By Product
By Material
By Application
The above information has been provided for the following regions and countries: