Craft Soda Market Research Report – Global Forecast till 2027

Craft Soda Market Research Report: Information by Category (Conventional and Organic), Packaging Type (Bottles, Cans and others), Distribution Channel (Store Based, Non-store Based) and Region (North America, Europe, Asia-Pacific and RoW) - Global Forecast till 2027

ID: MRFR/F-B & N/5901-HCR | February 2021 | Region: Global | 90 pages

Market Scenario


Craft soda is an artisanal beverage which is generally preferred as a healthy alternative to regular carbonated drinks. They are made with natural ingredients and contain few or no preservatives and are brewed in small batches. They are available in combinations of various fruits flavors which are either combined with traditional soda flavors such as ginger ale, root beer, and sarsaparilla or are used alone.


The growing demand for beverages with natural ingredients among the escalating health-conscious population is expected to drive the growth of the craft soda market. The growing popularity of crafted beverages including craft soda has inspired the beverage manufacturers to bring innovations in their product offerings and expand their product portfolio with artisanal roots. For instance, in February 2018, Coca-Cola launched two fruit flavoured sodas; Georgia peach and California raspberry in the US market to capitalize on the growing popularity of craft soda.


Segmentation


The global craft soda market has been segmented based on category, packaging type, distribution channel, and region.


By category, the global market has been classified as conventional and organic.


On the basis of packaging type, the global market has been divided into bottles, cans, and others.


The global market has also been segregated, on the basis of distribution channel, into store based and non-store based, with the store based segment sub-divided into supermarkets & hypermarkets, convenience stores, and others. 


The global craft soda market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American craft soda market has further been segmented into the US, Canada, and Mexico. The European craft soda market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The craft soda market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The craft soda industry in the rest of the world has been segmented into South America, the Middle East, and Africa.


Regional Market Summary


Global Craft Soda Market Share (%), by Region, 2017


Craft Soda Market


Source: Secondary Sources and MRFR Analysis


North America is expected to dominate the market for craft soda during the forecast period owing to the high consumption of carbonated drinks. The US is witnessed to be the major contributor to the growth of the craft soda market in North America with increased demand for organic craft soda among the consumers. Europe is also expected to hold a significant share of the global craft soda market with growing inclination towards alternatives for alcohol among the consumers. The market in Asia-Pacific is projected to register the highest CAGR during the forecast period and create a favourable market for the manufacturers. The rising health conscious population along with increasing awareness for craft soda among the consumers is expected to drive the growth of the market.     


Global Market, by Category



  • Conventional

  • Organic


Global Market, by Packaging Type



  • Bottles

  • Cans

  • Others


Global Market, by Distribution Channel



  • Store based

    • Supermarkets & Hypermarkets

    • Convenience Stores

    • Others



  • Non-store based


Global Market, by Region



  • North America

    • US

    • Canada

    • Mexico



  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific



  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Key Players in the Global Craft Soda Market



  • Dr Pepper Snapple Group, Inc (US)

  • Appalachian Brewing Company (US)

  • Peak Drive Beverages (Canada)

  • Cannonborough Beverage Co. (US)

  • Five Star Soda (US)

  • Brix Soda Company (US)

  • Phillips Soda Works (Canada)

  • Bucksnort Soda Company ltd. (US)

  • Tuxen Brewing Company (Denmark)

  • Batch Craft Soda (US)


Intended Audience



  • Craft soda producers/processors

  • Beverage manufacturers

  • Breweries

  • Raw material suppliers and distributors

  • Retailers, wholesalers, and distributors

  • Traders, exporters, and importers



Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :


North America will spearhead the craft soda market.

Store-based segment will have the largest share in the craft soda market.

Popularity of crafted beverage and demand for beverages made with natural ingredients are the key factors driving the craft soda market.

Key players profiled in the craft soda market include Batch Craft Soda (US), Tuxen Brewing Company (Denmark), Bucksnort Soda Company ltd. (US), Phillips Soda Works (Canada), Brix Soda Company (US), Five Star Soda (US), Cannonborough Beverage Co. (US), Peak Drive Beverages (Canada), Appalachian Brewing Company (US), and Dr Pepper Snapple Group, Inc (US).

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Market Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

5 Market Dynamics of Global Craft Soda Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. Global Craft Soda Market, by Category

6.1 Introduction

6.2 Conventional

6.2.1 Market Estimates & Forecast, 2020–2027

6.2.2 Market Estimates & Forecast, by Region, 2020–2027

6.3 Organic

6.3.1 Market Estimates & Forecast, 2020–2027

6.3.2 Market Estimates & Forecast, by Region, 2020–2027

7. Global Craft Soda Market, by Packaging Type

7.1 Introduction

7.2 Bottles

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Cans

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 Others

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Craft Soda Market, by Distribution Channel

8.1 Introduction

8.2 Store Based

8.2.1 Supermarkets & Hypermarkets

8.2.1.1 Market Estimates & Forecast, 2020–2027

8.2.1.2 Market Estimates & Forecast, by Region, 2020–2027

8.2.2 Convenience Stores

8.2.2.1 Market Estimates & Forecast, 2020–2027

8.2.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.2.3 Others

8.2.3.1 Market Estimates & Forecast, 2020–2027

8.2.3.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Non-store Based

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

9. Global Craft Soda Market, by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, by Category, 2020–2027

9.2.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.2.5 US

9.2.5.1 Market Estimates & Forecast, 2020–2027

9.2.5.2 Market Estimates & Forecast, by Category, 2020–2027

9.2.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.5.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2020–2027

9.2.6.2 Market Estimates & Forecast, by Category, 2020–2027

9.2.6.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.6.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.2.7 Mexico

9.2.7.1 Market Estimates & Forecast, 2020–2027

9.2.7.2 Market Estimates & Forecast, by Category, 2020–2027

9.2.7.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.7.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3 Europe

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, by Category, 2020–2027

9.3.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.5 Germany

9.3.5.1 Market Estimates & Forecast, 2020–2027

9.3.5.2 Market Estimates & Forecast, by Category, 2020–2027

9.3.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.2.5.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.6 France

9.3.6.1 Market Estimates & Forecast, 2020–2027

9.3.6.2 Market Estimates & Forecast, by Category, 2020–2027

9.3.6.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.6.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.7 Italy

9.3.7.1 Market Estimates & Forecast, 2020–2027

9.3.7.2 Market Estimates & Forecast, by Category, 2020–2027

9.3.7.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.7.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.8 Spain

9.3.8.1 Market Estimates & Forecast, 2020–2027

9.3.8.2 Market Estimates & Forecast, by Category, 2020–2027

9.3.8.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.8.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.9 UK

9.3.9.1 Market Estimates & Forecast, 2020–2027

9.3.9.2 Market Estimates & Forecast, by Category, 2020–2027

9.3.9.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.9.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.10 Rest of Europe

9.3.10.1 Market Estimates & Forecast, 2020–2027

9.3.10.2 Market Estimates & Forecast, by Category, 2020–2027

9.3.10.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.3.10.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4 Asia-Pacific

9.4.1 Market Estimates & Forecast, 2020–2027

9.4.2 Market Estimates & Forecast, by Category, 2020–2027

9.4.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.5 China

9.4.5.1 Market Estimates & Forecast, 2020–2027

9.4.5.2 Market Estimates & Forecast, by Category, 2020–2027

9.4.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.5.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.6 India

9.4.6.1 Market Estimates & Forecast, 2020–2027

9.4.6.2 Market Estimates & Forecast, by Category, 2020–2027

9.4.6.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.6.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.7 Japan

9.4.7.1 Market Estimates & Forecast, 2020–2027

9.4.7.2 Market Estimates & Forecast, by Category, 2020–2027

9.4.7.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.7.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.8 Australia & New Zealand

9.4.8.1 Market Estimates & Forecast, 2020–2027

9.4.8.2 Market Estimates & Forecast, by Category, 2020–2027

9.4.8.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.8.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.9 Rest of Asia-Pacific

9.4.9.1 Market Estimates & Forecast, 2020–2027

9.4.9.2 Market Estimates & Forecast, by Category, 2020–2027

9.4.9.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.4.9.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5 Rest of the World (RoW)

9.5.1 Market Estimates & Forecast, 2020–2027

9.5.2 Market Estimates & Forecast, by Category, 2020–2027

9.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.5.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5.5 South America

9.5.5.1 Market Estimates & Forecast, 2020–2027

9.5.5.2 Market Estimates & Forecast, by Category, 2020–2027

9.5.5.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.5.5.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5.6 The Middle East

9.5.6.1 Market Estimates & Forecast, 2020–2027

9.5.6.2 Market Estimates & Forecast, by Category, 2020–2027

9.5.6.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.5.6.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5.7 Africa

9.5.7.1 Market Estimates & Forecast, 2020–2027

9.5.7.2 Market Estimates & Forecast, by Category, 2020–2027

9.5.7.3 Market Estimates & Forecast, by Packaging Type, 2020–2027

9.5.7.4 Market Estimates & Forecast, by Distribution Channel, 2020–2027

10. Company Landscape

9.1 Introduction

9.2 Market Strategy

9.3 Key Development Analysis

(Expansions/ Mergers and Acquisitions/ Joint Ventures/ New Product Developments/ Agreements/ Investments

11. Company Profiles

11.1 Dr Pepper Snapple Group, Inc

11.1.1 Company Overview

11.1.2 Financial Updates

11.1.3 Product/Business Segment Overview

11.1.4 Strategy

11.1.5 Key Developments

11.1.6 SWOT Analysis

11.2 Appalachian Brewing Company

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Product/Business Segment Overview

11.2.4 Strategy

11.2.5 Key Developments

11.2.6 SWOT Analysis

11.3 Peak Drive Beverages

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Product/Business Segment Overview

11.3.4 Strategy

11.3.5 Key Developments

11.3.6 SWOT Analysis

11.4 Cannonborough Beverage Co.

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Product/Business Segment Overview

11.4.4 Strategy

11.4.5 Key Developments

11.4.6 SWOT Analysis

11.5 Five Star Soda

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Product/Business Segment Overview

11.5.4 Strategy

11.5.5 Key Developments

11.5.6 SWOT Analysis

11.6 Brix Soda Company

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Product/Business Segment Overview

11.6.4 Strategy

11.6.5 Key Developments

11.6.6 SWOT Analysis

11.7 Phillips Soda Works

11.7.1 Company Overview

11.7.2 Financial Updates

11.7.3 Product/Business Segment Overview

11.7.4 Strategy

11.7.5 Key Developments

11.7.6 SWOT Analysis

11.8 Bucksnort Soda Company ltd.

11.8.1 Company Overview

11.8.2 Financial Updates

11.8.3 Product/Business Segment Overview

11.8.4 Strategy

11.8.5 Key Developments

11.8.6 SWOT Analysis

11.9 Tuxen Brewing Company

11.9.1 Company Overview

11.9.2 Financial Updates

11.9.3 Product/Business Segment Overview

11.9.4 Strategy

11.9.5 Key Developments

11.9.6 SWOT Analysis

11.10 Batch Craft Soda

11.10.1 Company Overview

11.10.2 Financial Updates

11.10.3 Product/Business Segment Overview

11.10.4 Strategy

11.10.5 Key Developments

11.10.6 SWOT Analysis

12. Conclusion

LIST OF TABLES

Table 1 Global Craft Soda Market, by Region, 2020–2027 (USD Million)

Table 2 Global Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 3 Global Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 4 Global Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 5 North America: Craft Soda Market, by Country, 2020–2027 (USD Million)

Table 6 North America: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 7 North America: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 8 North America: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 9 US: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 10 US: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 11 US: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 12 Canada: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 13 Canada: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 14 Canada: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 15 Mexico: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 16 Mexico: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 17 Mexico: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 18 Europe: Craft Soda Market, by Country, 2020–2027 (USD Million)

Table 19 Europe: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 20 Europe: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 21 Europe: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 22 Germany: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 23 Germany: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 24 Germany: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 25 France: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 26 France: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 27 France: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 28 Italy: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 29 Italy: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 30 Italy: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 31 Spain: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 32 Spain: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 33 Spain: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 34 UK: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 35 UK: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 36 UK: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 37 Rest of Europe: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 38 Rest of Europe: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 39 Rest of Europe: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 40 Asia-Pacific: Craft Soda Market, by Country, 2020–2027 (USD Million)

Table 41 Asia-Pacific: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 42 Asia-Pacific: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 43 Asia-Pacific: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 44 China: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 45 China: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 46 China: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 47 India: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 48 India: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 49 India: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 50 Japan: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 51 Japan: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 52 Japan: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 53 Australia and New Zealand: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 54 Australia and New Zealand: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 55 Australia and New Zealand: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 56 Rest of Asia-Pacific: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 57 Rest of Asia-Pacific: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 58 Rest of Asia-Pacific: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 59 Rest of the World (RoW): Craft Soda Market, by Country, 2020–2027 (USD Million)

Table 60 Rest of the World (RoW): Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 61 Rest of the World (RoW): Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 62 Rest of the World (RoW): Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 63 South America: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 64 South America: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 65 South America: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 66 Middle East: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 67 Middle East: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 68 Middle East: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

Table 69 Africa: Craft Soda Market, by Category, 2020–2027 (USD Million)

Table 70 Africa: Craft Soda Market, by Packaging Type, 2020–2027 (USD Million)

Table 71 Africa: Craft Soda Market, by Distribution Channel, 2020–2027 (USD Million)

LIST OF FIGURES

FIGURE 1 Global Craft Soda Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of Global Craft Soda Market

FIGURE 4 Value Chain of Global Craft Soda Market

FIGURE 5 Share of Global Craft Soda Market in 2020, by Country (%)

FIGURE 6 Global Craft Soda Market, by Region, 2020–2027,

FIGURE 7 Global Craft Soda Market Size, by Category, 2020

FIGURE 8 Share of Global Craft Soda Market, by Category, 2020–2027 (%)

FIGURE 9 Global Craft Soda Market Size, by Packaging Type, 2020

FIGURE 10 Share of Global Craft Soda Market, by Packaging Type, 2020–2027 (%)

FIGURE 11 Global Craft Soda Market Size, by Distribution Channel, 2020

FIGURE 12 Share of Global Craft Soda Market, by Distribution Channel, 2020–2027 (%)