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Soda Maker Market, By Service (Electric, Non-electric), By Product (Countertop, Portable), By Material (Steel, Plastic, Glass), By Application, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032

  • Report ID: GMI5590

Soda Maker Market Size

Soda Maker Market size is projected to grow at a lucrative CAGR from 2024 to 2032. The rising consumer preferences for on-the-go drinks and different flavors & tastes are increasing the demand for soda makers. The thriving functional beverage sector and the strong consumer health awareness are driving the preference for low-calorie beverages. The easy availability of marketplaces, such as Walmart and convenience stores is further increasing the product appeal.

According to the World Population Review report, the U.S. has the highest $54,854 of gross disposable income worldwide. This population with high disposable income will positively influence the business of convenient appliances.  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 also portable, making them easy to carry and more convenient. However, limited consumer awareness, high upfront costs, availability of cheaper alternatives, and the growing concerns about the taste and quality of homemade carbonated beverages may impede the industry gains to some extent.

Soda Maker Market Trends

The growing emphasis on health and wellness is driving the demand for soda makers that allow consumers to create their own carbonated beverages using natural ingredients. The rising environmental consciousness is encouraging increased adoption of soda makers as an eco-friendly alternative to single-use plastic bottles. Additionally, customization and convenience are driving innovation designs, with features, such as adjustable carbonation levels and sleek as well as compact designs for easy storage. The integration of smart technology, including Bluetooth connectivity and mobile apps for recipe customization and tracking, is gaining traction among tech-savvy consumers, indicating a shift towards more advanced and connected soda maker solutions.

Soda Maker Market Analysis

The non-electric segment is estimated to accumulate sizeable share of the soda maker industry by 2032. This is owing to the growing demand for eco-friendly and portable soda makers, as they eliminate the need for electricity and reduce carbon footprint. The simplicity and ease of use of non-electric soda makers appeals to consumers seeking convenience and flexibility in creating carbonated beverages. The affordability and accessibility of non-electric models also makes them an ideal choice to a wide range of consumers, including those in regions with unreliable electricity supply and outdoor enthusiasts looking for on-the-go refreshment options.

Soda maker market value from the commercial application segment is anticipated to rise at notable pace through 2032, due to the increasing demand for customizable beverage options in restaurants, cafes, and bars. The cost-effectiveness of producing in-house carbonated beverages compared to purchasing pre-packaged drinks is driving businesses to invest in soda makers to increase profitability. Furthermore, freshly carbonated beverages help enhance customer satisfaction and loyalty. The trend of healthier beverage choices is also encouraging businesses to offer homemade sodas using natural ingredients.

Asia Pacific soda maker industry share is expected to witness considerable progression between 2024 and 2032. The increasing health consciousness among consumers is creating a high demand for homemade and healthier beverage options. The rapid urbanization and rising disposable incomes are boosting the adoption of convenient home appliances like soda makers. Growing environmental awareness is encouraging consumers to switch to eco-friendly alternatives from bottled drinks. Moreover, innovative product offerings and aggressive marketing strategies by key players along with the rising trend of DIY culture and customization is increasing the interest in soda makers across the region.

Soda Maker Market Share

Some of the major soda maker companies are:

  • SodaStream
  • AG
  • Hamilton Beach
  • iSODA
  • KitchenAid

Major soda maker industry players are adopting mergers & acquisitions and product innovations as key strategies to achieve integration and product optimization. The introduction of new technologies is also helping these manufacturers to develop innovative products that are appealing to consumer preferences.

Soda Maker Industry News:

  • In December 2022, Glacier Fresh, a provider of water filtration solutions, unveiled two groundbreaking soda makers: the Sparkin Cold Soda Maker and the Sodaology Soda Maker.

What Information does this report contain?

Historical data coverage: 2018 to 2023; Growth Projections: 2024 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.
Authors: Avinash Singh

Frequently Asked Questions (FAQ) :

Global market size for soda maker crossed USD 1 billion in 2022 and is expected to grow at over 5% CAGR during 2023-2032, driven by the growing consumer inclination toward on-the-go drinks with distinctive flavors & tastes.

Soda makers market size from the non-electric segment is primed to witness significant expansion by 2032, credited to their easier installation and ability to work without electricity.

Soda maker industry share from the commercial application segment is anticipated to register commendable growth through 2032, owing to the escalating construction of commercial spaces such as hotels, restaurants, cafes, bars, and cafes.

Asia Pacific soda maker industry is anticipated to garner an appreciable valuation by 2032 due to changing food habits and expanding youth population.

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