Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. At the same time, regulations are being put in place across Asia Pacific to reduce the amount of sugar in beverages. The global Sparkling Water market size was valued at USD 49582.82 million in 2022 and is expected to expand at a CAGR of 10.66 Persent during the forecast period, reaching USD 91059.83. From the rise of premium and functional waters to the growing demand for sustainable packaging, the bottled water market is constantly evolving. DUBLIN--(BUSINESS WIRE)--The "Sparkling Water Market Size, Share & Trends Analysis Report by Product, by Distribution Channel, by Region, and Segment Forecasts, 2021-2028" report has been added to . Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. This market covers all packaged still, sparkling and flavoured water. Furthermore, membership programs offered by these stores include benefits such as discounts and access to unlimited free delivery to enhance the shopping experience of the customers. Chapter 5: Provides the analysis of various market segments according to product type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. At what CAGR is the functional water market projected to grow in the forecast period (2021-2028)? Is there a problem with this press release? Regional market sizes, concerning products by types, by application, and by players, are also provided. Learn more about how Statista can support your business. The market is likely to grow from USD 13.80 billion in 2021 to USD 22.97 billion in 2028 at a CAGR of 7.55% during 2021-2028. Free business intelligence platform with subscription, 4. liability for the information given being complete or correct. Sparkling water market - Key market driver analysis. We are GDPR and CCPA compliant! Sparkling Water Market - Competitive and Segmentation Analysis: This Sparkling Water Market report offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2017-2023. The market is likely to experience moderate growth to record a CAGR of 3.2% throughout the forecast period 2022 - 2027. Henceforth, functional ingredients added to water are quickly emerging as a distinct and recognizable category. Convenience stores are expected to witness greater traction in the foreseeable future owing to their penetration and personalized purchasing experiences. The report was very accurate and as per my requirements. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Key brands' market share of bottled sparkling water in the U.S. 2021 Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales Are you interested in testing our business solutions? We value your investment and offer free customization with every report to fulfil your exact research needs. People are better able to buy bulk food and other groceries in supermarkets. This report can help to understand the relevant market and consumer trends that are driving the Sparkling Water market. The demand from sparkling water is significantly increasing owing to health benefits associated with it such as weight management, improves digestion, and provides . Its capability to help decrease the intake of sugar upsurges the consumption of the product as it helps to prevent consumers against diabetes. The document outlines the marketplace size, marketplace traits, and market increase for zzzz industry, categorized with the aid of using kind, utility, and patron sector. The shift in consumers shopping behavior is one of the major factors driving sales through the online channel. The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the pandemic. The report will incorporate these insights. Key factors that are driving the sparkling water market growth include increasing consumer preference for healthy alternatives for carbonated and other types of sugary soft drinks, and new product launches on a global level. The MarketWatch News Department was not involved in the creation of this content. July 16, 2021. This product is a market research report. The innovation in bottling (packaging) technology, coupled with a strengthening retail distribution scenario, further facilitates the market for functional ingredients enriched water. Report moreover done a pastel evaluation within the business enterprise to study key influencers and boundaries to entry. The active principles from a variety of super fruits, herbal extracts, and other plant-based ingredients are known to not only serve the functional role of synthetic additives but also substantially increase the nutritional profiles of specialty water. The botanical ingredients are associated with immune support as well as another possible physical, mental and emotional attributes. Which product segment accounted for the largest sparkling water market share? It's positioning as the quintessential health drink continues to resonate with consumers. The flavored variants are increasingly preferred owing to their taste, dizziness, and health benefits. This is foreseen to bode well for the regional market in the coming years. Im 66, we have more than $2 million, I just want to golf can I retire. Fortune Business Insights says that the value of the market was at USD 12.86 billion in 2020 and is projected to reach USD 22.97 billion by 2028. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. For the 52 weeks ended May 17, 2020, private labels held a market share. 2.2 Global Sugar-Free Sparkling Water Revenue Market Share by Manufacturers (2017-2022) 2.3 Sugar-Free Sparkling Water Market Share by Company Type (Tier 1, Tier 2 and Tier 3) Addition or alteration to country, regional & segment scope. We use cookies to enhance your experience. This is due to its added nutrients compared to spring water and the fact that mineral water is less processed than sparkling . Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. Looking forward to work together on similar projects, We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. Get a Sample PDF of report: https://www.360marketupdates.com/enquiry/request-sample/22380166. The report also includes company description, major business, Sparkling Water product introduction, recent developments and Sparkling Water sales by region, type, application and by sales channel. The enhanced waters are generally micronutrients-fortified, hence a dominating segment. The global sparkling water market is expected to grow at a compound annual growth rate of 12.6% from 2021 to 2028 to reach USD 76.95 billion by 2028. b. Natural/mineral sparkling water contributed to the highest share of more than 60% in the global revenue in 2020. Chapter 6: Provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. 1. The sparkling water market [compound annual growth rate] (CAGR) from 2015-2019 was 15.8% compared to 5.8% for still water." When it comes to healthy hydration, bottled water, flavored still and sparkling waters, and enhanced waters are in high demand because of the healthy hydration they provide on the go. For instance, in January 2020, Keurig Dr Pepper Inc. acquired Limitless, a U.S.-based caffeinated sparkling water company. In addition, due to the increasing standard of living, many people switch from carbonated water to functional ingredients added water. Feb 09, 2023 (The Expresswire) -- Proliferating demand for fortified beverage is a key factor that drives the markets growth. The Research report on Sparkling Water Market Growth for 2023 provides a comprehensive analysis of the industry, including revenue projections, regional growth opportunities, business strategies, product offerings, and end-user analysis. This text provides general information. Which region is expected to hold the highest share in the market? Am I crazy? After my mother died, my cousin took her designer purse, and my aunt took 8 paintings from her home then things really escalated, It broke me: Everyone says you need power of attorney, but nobody tells you how hard it is to use. Vous pouvez modifier vos choix tout moment en cliquant sur le lien Tableau de bord sur la vie prive prsent sur nos sites et dans nos applications. Looking forward to work together in the future, It has been a delightful experience working with you guys. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. Whats our next move? The global functional water market size was USD 12.86 billion in 2020 and is projected to grow from USD 13.80 billion in 2021 to USD 22.97 billion in 2028 at a CAGR of 7.55% during 2021-2028. Clicking on the following button will update the content below. Remarkable job and great efforts by your research team. To use individual functions (e.g., mark statistics as favourites, set This product is a market research report. To know how our report can help streamline your business, Speak to Analyst, Supermarkets/Hypermarkets to Dominate owing to Growing Trend of Impulse Grocery Buying. Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. The growing consumer preference for sparkling water over sodas and sugary carbonated drinks is projected to drive the market over the forecast period. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Sparkling water is one of the fastest . The spring bottled water segment accounted for revenue share of over 17.0% in 2016; Mineral bottled water accounted for the largest market share in 2016 and is expected to witness a CAGR of 7.3% over the forecast period. Mergers & acquisitions and product launches are among the key strategies taken up by the market players. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term. Hence, several consumers consider carbonated water as a healthier alternative to soda and sugary carbonated drinks. Which is the key factor driving the market? This is a very good piece of work and will be very helpful to us going forward. Product Movement Analysis & Market Share, 2020 & 2028, 6.1. Explore purchase options. Am I crazy? After my mother died, my cousin took her designer purse, and my aunt took 8 paintings from her home then things really escalated, It broke me: Everyone says you need power of attorney, but nobody tells you how hard it is to use, What's next for bonds in 2023 after the worst year in history. Beverage Industry Magazine. Innovative Product Development Efforts by Manufacturers to Drive Market Growth. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Flavored sparkling water costs around US$ 1.72 and normal or unflavoured costs around US$ 0.70, which has positively impacted the demand of the plain market. It looks quite comprehensive and the data is exactly what I was looking for. According to the International Bottled Water Association (IBWA), bottled water businesses have boosted their production capacity to cater to this surge in demand, which, in turn, has benefitted the market. Based on the category, plain is expected to dominate the market over the forecast period. The report provides qualitative and quantitative insights on the functional water industry and detailed analysis on the market size & growth rate for all possible segments in the market. You can also contact MarketWatch Customer Service via our Customer Center. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Caffeinated sparkling water is calorie- and sugar-free but contains added caffeine to boost energy levels. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. Avail customized purchase options to meet your exact research needs. The brand was closely followed by Private Label which accounted for 16.6% of the US sparkling water market share. Competitive Landscape and Sparkling Water Market Share Analysis. That is why different water brands have different tastes as per their bottling sources. The global market should be understood from its parent/related markets viz. Healthy hydration, affordably nutritional, and refreshingly thirst-quenching attributes of functional ingredients enriched water are some of the major growth pillars in the global marketplace. Market Overview: We earn $400,000 and spend beyond our means. It provides a quantitative analysis of the market size and development potential of each region in the next six years. Contact the source provider Comtex at editorial@comtex.com. Sparkling Ice held 17.2% of the total sparkling water market share in the US in 2021. Even before the COVID-19 pandemic, functional ingredients added water had overtaken soft drinks to become the largest consuming beverage by volume in the U.S. Trends contributing to the products rising consumption are also its health and wellness attributes, convenience, and more low-calorie carbonated drinks than ever before. All Rights Reserved. The functional hydration experience has become a key focus for most soft drinks giants, which are either innovating on the composition of the product or creating a context where consumers are lured to purchase it. As per U.S. Food and Drug Administration (FDA), Sparkling mineral water is . The increase in demand for flavored bubbly and fizzy hydration products is projected to drive the segment growth. Which distribution channel led the sparkling water market? The rising consumer interest in health and wellness has put a spotlight on functional nutrition. In Europe, there is a strong demand for sparkling water in several countries, such as Germany, the U.K., Italy, Spain, France, and the Netherlands, where the product is often served with meals in restaurants. These drinks are a good substitute for coffee drinks, sweetened teas, and conventional energy drinks. Their social media handles are filled with images of athletes (runners, swimmers, skaters, tennis players), and their cans feature striking and elegant animal prints. Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. Non-alcoholic beverages and soft drinks in the United States, Get the best reports to understand your industry, Non-alcoholic beverages in the United States. This study bestows production and revenue data by type, and during the historical period and forecast period. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. We earn $400,000 and spend beyond our means. Feb 23, 2023 (The Expresswire) -- The Research report on " Sparkling Water Market " Growth for 2023 provides a comprehensive analysis of the industry, including revenue projections, regional. Key players are launching new products in the market in accordance with the demands of health-conscious consumers. Your transaction & personal information is safe and secure. The sparkling product segment accounted for the highest revenue share of more than 72% in 2020 and is estimated to expand further at a steady CAGR from 2021 to 2028. Changing Eating Patterns and Increased Focus on Health. Get a sample PDF of the report at - https://www.marketresearchguru.com/enquiry/request-sample/17205643. Portfolio expansion, i.e., new product development, remains one of the most preferred strategies by key market players worldwide. Profit from the additional features of your individual account. The global Sparkling Water market is expected to grow significantly by 2027 expanding at a reasonable CAGR of around 11% during the forecast period (2021-2027). 5.1. Key companies in the Global Sparkling Water Market include Talking Rain, Nestl, PepsiCo, Inc., Keurig Dr Pepper Inc., The Coca, Cola Company, SANPELLEGRINO S.P.A, Danone S.A. and RHODIUS Mineralquellen und Getrnke GmbH & Co. KG. These solutions appear in the form of functional foods, as they have the additional function of providing nutritional and health benefits. There has been a rapid evolution in hydrating experience water ensuring sleep quality and water for the body-detox are some of the interesting innovations in this category. This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2016 to 2028. The major players covered in the Sparkling Water market report are: Get a sample copy of the Sparkling Water Market report 2023. Based on ingredient analysis, the market is divided into micronutrient, botanical extract, and others. to incorporate the statistic into your presentation at any time. Regional Movement Analysis & Market Share, 2020 & 2028, 8.1. https://www.marketresearchguru.com/enquiry/request-sample/17205643, https://www.marketresearchguru.com/enquiry/pre-order-enquiry/17205643, https://marketresearchguru.com/enquiry/request-covid19/17205643, https://marketresearchguru.com/purchase/17205643, https://marketresearchguru.com/TOC/17205643#TOC, Sparkling Water Market 2023 Share Analysis: Understanding How Your Business Stacks Up Against Competitors. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. North America held the largest share of over 35.0% in 2020. Thank you!, I recommend Fortune Business Insights for their honesty and flexibility. Bottled Water in Denmark (2019) - Market Sizes. The others segment dominated the market and held a share of 36.4% in 2020. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. With the growing trend of leading a healthy lifestyle among all age groups, people around the globe are gradually shifting to healthy and innovative drinks, including sparkling water. This report segments the global Sparkling Water market comprehensively. This report aims to provide a comprehensive presentation of the global market for Sparkling Water, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sparkling Water. mesurer votre utilisation de nos sites et applications. Get full access to all features within our Business Solutions. As a Premium user you get access to the detailed source references and background information about this statistic. The bottled water sales have recently surpassed soft drinks sales in the United States The bottled water sector is thus a leading horse prompting companies to invest and expand their functional offerings. Supermarkets and hypermarkets hold sway in the distribution channels for the product sales this retail distribution is leading based on the variety, availability, and accessibility of enhanced water. Share article Citrus-ly Good Recipes! Furthermore, over the past few years, an increase in the number of commercial advertisements for bottled water has been playing an important role in boosting brand visibility. Please create an employee account to be able to mark statistics as favorites. With this information, the ones in rate might be capable of create new techniques, which consciousness available in the marketplace possibilities in order to advantage them, making their commercial enterprise efforts profitable with inside the process. COVID-19 and Russia-Ukraine War Influence Analysis: The readers in the section will understand how the Sparkling Water market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The various benefits that sparkling water is providing include helping to stay hydrated longer, reduce weight, maintain blood pressure, and others. Moreover, the bundling strategy and economical pricing are responsible for higher sales of functional ingredients added water among supermarkets. Moreover, the easy availability of this product across distribution channels is anticipated to boost the growth of this segment. Statista. Price still remains the major factor influencing the purchasing patterns of all the functional beverages, including enhanced water; however, brands justifying their premium offerings with the host of label claims are expected to fetch higher sales margins. The global functional water market size was USD 12.86 billion in 2020. Find your information in our database containing over 20,000 reports, U.S. bottled water sales volume amounted to approximately 15 billion gallons, four main brands generating around one billion U.S. dollars in sales each, what drives the popularity of the beverage. Privacy Policy. Short Summery About Sparkling Water Market: The global Sparkling Water market size was valued at USD 49582.82 million in 2022 and is expected to expand at a CAGR of 10.66 Persent during the forecast period, reaching USD 91059.83 million by 2028.The sparkling water is a form of non-Alcohlic beverage available as carbonated water. North America Functional Water Market Size, 2020 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. Chapter 4: Consumption of Sparkling Water in regional level and country level. Very satisfied with the overall report as it has helped me to build strategies for my business, This is regarding the recent report I bought from Fortune Business insights. Complimentary 10 hours free analyst time for market review, 3. Europe is the second-largest market for functional ingredients enriched water. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Global bottled water consumption 2007-2017, New Zealand: market share of soft drinks 2019, by category, Market share of leading bottled water companies worldwide 2015, Volume of bottled water sold in the U.S. 2010-2021, Per capita consumption of bottled water in the U.S. 1999-2021, Volume growth of bottled water in the U.S. 2007-2020, Sales volume of bottled water in the United States from 2010 to 2021 (in billion gallons), Sales volume growth of bottled water in the United States from 2007/08 to 2019/20, Leading vendors of bottled water in the U.S. 2020, based on sales, Leading vendors of bottled water in the United States in 2020, based on sales (in million U.S. dollars), Per capita consumption of bottled water in the United States from 1999 to 2021 (in gallons), Trade value of water exported from the United States from 2016 to 2020 (in million U.S. dollars), Trade volume of water exported from the United States from 2016 to 2020 (in 1,000 liters), Trade value of water imported to the United States from 2016 to 2020 (in million U.S. dollars), Trade volume of water imported to the United States from 2016 to 2019 (in million liters), Volume of U.S. water imports 2020, by country, Trade volume of water imported to the United States in 2020, by leading country (in million liters), Value of U.S. water imports 2020, by country, Trade value of water imported to the United States in 2020, by leading country (in million U.S. dollars), Value of U.S. water exports 2020, by country, Trade value of water exported from the United States in 2020, by leading country (in million U.S. dollars), Volume of U.S. water exports 2020, by country, Trade volume of water exported from the United States in 2020, by leading country (in million liters), Sales of the leading bottled still water brands in the U.S. 2022, Sales of the leading bottled still water brands in the United States in 2022 (in million U.S. dollars), Key brands' market share of bottled still water in the U.S. 2022, Market share of the leading bottled still water brands in the United States in 2022, based on sales, Sales of the leading bottled sparkling water brands in the U.S. 2021, Sales of the leading seltzer, bottled sparkling/mineral water brands of the United States in 2021 (in million U.S. dollars), Key brands' market share of bottled sparkling water in the U.S. 2021, Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales, Dollar sales growth of sparkling water in the U.S. 2021, by brand, Sales value growth of sparkling water in the United States in 2021, by brand. Discounted price for multiple reports across domains, 2. Nonetheless, the utilization of novel ingredients is gaining traction. Additionally, the Sparkling Water market report highlights various market growth plans, technological advancements, gross-margin analysis, and country-level and regional-level data, providing a comprehensive understanding of the current and future market situation.

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