South Korea Nitro-infused Beverages Market Size & Outlook
South Korea nitro-infused beverages market, 2018-2030 (US$M)
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South Korea nitro-infused beverages market highlights
- The South Korea nitro-infused beverages market generated a revenue of USD 0.9 million in 2021 and is expected to reach USD 5.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 22.3% from 2022 to 2030.
- In terms of segment, nitro coffee was the largest revenue generating type in 2021.
- Nitro Soft Drinks is the most lucrative type segment registering the fastest growth during the forecast period.
Nitro-infused beverages market data book summary
| Market revenue in 2021 | USD 0.9 million |
| Market revenue in 2030 | USD 5.8 million |
| Growth rate | 22.3% (CAGR from 2021 to 2030) |
| Largest segment | Nitro coffee |
| Fastest growing segment | Nitro Soft Drinks |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nitro Coffee, Nitro Tea, Nitro Soft Drinks |
| Key market players worldwide | RISE Brewing Co., Starbucks Corp, Califia Farms, Monster Beverage Corp, PepsiCo Inc, AG Barr PLC, Lucky Jack Cold Brew Coffee, Caveman Foods, Left Hand Brewing Company, Quivr, Bona Fide Nitro Coffee and Tea, NITRO Beverage, Beanly, BeatBox Beverages |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.3% of the global nitro-infused beverages market in 2021.
- Country-wise, Canada is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China nitro-infused beverages market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 17.2 million by 2030.
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Nitro-infused Beverages Market Scope
Nitro-infused Beverages Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea nitro-infused beverages market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nitro-infused beverages market will help companies and investors design strategic landscapes.
Nitro coffee was the largest segment with a revenue share of 55.56% in 2021. Horizon Databook has segmented the South Korea nitro-infused beverages market based on nitro coffee, nitro tea, nitro soft drinks covering the revenue growth of each sub-segment from 2018 to 2030.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea nitro-infused beverages market databook
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Our clientele includes a mix of nitro-infused beverages market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea nitro-infused beverages market , including forecasts for subscribers. This country databook contains high-level insights into South Korea nitro-infused beverages market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea nitro-infused beverages market size, by type, 2018-2030 (US$M)
South Korea Nitro-infused Beverages Market Outlook Share, 2021 & 2030 (US$M)
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