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. We earn $400,000 and spend beyond our means. Functional beverages as a whole have robustly emerged as a preferred drink over soft drinks due to lower sugar content and lack of synthetic additives such as colors, flavors, and preservatives. Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. grapefruit, lemon, lime, coconut and sparkling water. Which region is expected to hold the highest share in the market? Sparkling Water Market Size Worth $55.3 Billion by 2028 at 11.7% CAGR, COVID-19 Impact and Global Analysis by The Insight Partners What you need to know from Costco's earnings call. It is available in many flavors and is devoid of sugar content and many other additives, unlike soda water. Learn more about how Statista can support your business. Avail customized purchase options to meet your exact research needs. As a Premium user you get access to background information and details about the release of this statistic. The product is a PDF. 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. Innovative Product Development Efforts by Manufacturers to Drive Market Growth. Looking forward to work together in the future, It has been a delightful experience working with you guys. To Understand How Covid-19 Impact Is Covered in This Report - https://marketresearchguru.com/enquiry/request-covid19/17205643. Visit a quote page and your recently viewed tickers will be displayed here. Product Movement Analysis & Market Share, 2020 & 2028, 6.1. 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. These solutions appear in the form of functional foods, as they have the additional function of providing nutritional and health benefits. Moreover, the wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels. By product, the natural/mineral segment held the largest share of more than 60.0% in 2020. 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. In this section, the readers will gain an understanding of the key players competing. Market size is based on retail (off trade) and non-retail (on trade) sales. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. Specialists have also laid their focus on the upcoming business prospects. 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. This is a 1-5 user license, allowing up to five users have access to the product. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. Competitive Landscape and Sparkling Water Market Share Analysis. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! Free upgrade to enterprise license (allows to share across all company locations), 5. In 2021, the global top five players had a share approximately % in terms of revenue. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive, Please pass on our sincere thanks to the whole team at Fortune Business Insights. For instance, PepsiCo Inc. is launching a new drink that is intended to help consumers relax before bed, called Driftwell. July 16, 2021. Jon Stewart to GOP state senator: You dont give a flying f about gun violence. Key global players, recent developments & their impact on the industry, 1. The Global Sparkling Water Market is estimated to be worth $76.95 billion by 2028. It provides a quantitative analysis of the market size and development potential of each region in the next six years. Moreover, the easy availability of this product across distribution channels is anticipated to boost the growth of this segment. 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. North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region. This website uses cookies to ensure you get the best experience. Various studies suggested that sparkling water is not as harmful as sodas for dental and bone health. 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) This is due to its added nutrients compared to spring water and the fact that mineral water is less processed than sparkling . 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. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. statistic alerts) please log in with your personal account. These launches are increasing product visibility in the market and are anticipated to boost the market growth over the forecast period. The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the . The brand was closely followed by Private Label which accounted for 16.6% of the US sparkling water market share. Sparkling Water Market Size, Share & Trends Analysis Report By Product (Natural/Mineral, Caffeinated), By Distribution Channel (Hypermarket & Supermarket, Online), By Region, And Segment Forecasts . Proliferating demand for fortified beverage is a key factor that drives the markets growth. The Sparkling Water market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue (USD millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. The online distribution channel is expected to register the fastest growth rate of 13.3% from 2021 to 2028. Proliferating Demand for Fortified Beverage to Support Market Growth. Feb 09, 2023 (The Expresswire) -- The market in South America is expected to grow strongly, driven by strong demand for flavored, hygienic, and clean drinking water in the region. Total U.S. sales through supermarkets, drug stores, gas and convenience stores, mass merchandisers, military commissaries and select club and dollar retail chains for the 52 weeks ended May 16, 2021. During the initial months of the Covid-19 pandemic, a majority of public places and offices were shut, which led to a significant drop in the commercial demand for sparkling water. We value your investment and offer free customization with every report to fulfil your exact research needs. 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. Thank you!, I recommend Fortune Business Insights for their honesty and flexibility. You only have access to basic statistics. Then you can access your favorite statistics via the star in the header. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. It provides a quantitative analysis of the market size and development potential of each market segment in the next six years. Is there a problem with this press release? under its LaCroix brand. HVAC (Heating, Ventilation, & Air Conditioning), Sparkling Water Market Analysis Report - Industry Size, Trends, Insights, Market Share, Competition, Opportunities, and Growth Forecasts by Segments, 2022 to 2029, Alcoholic Infused Sparkling Water Market Analysis Report - Industry Size, Trends, Insights, Market Share, Competition, Opportunities, and Growth Forecasts by Segments, 2022 to 2029, Bottled Water Market Size, Share & Trends Analysis Report by Product (Spring Water, Purified Water, Mineral Water, Sparkling Water), by Distribution Channel (On-trade, Off-trade), by Region, and Segment Forecasts, 2022-2030, Alcoholic Sparkling Water Market Outlook in 2023 and Beyond: Market Size, Market Share, Growth Opportunities, Trends, Forecasts by Types, Applications and Companies to 2030, Global Sparkling Water Market - Forecasts from 2022 to 2027. The Global Sparkling Water Market was estimated to be valued at $29.71 billion in 2020. For the 52 weeks ended May 17, 2020, private labels held a market share. 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. The global sparkling water market size is expected to reach USD 76.95 billion by 2028 and is expected to expand at a CAGR of 12.6% with the natural/mineral segment holding the largest share of . Copyright 2002-2023 Research and Markets. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Sparkling Water Market Size, Share & Trends Analysis Report by Product (Natural/Mineral, Caffeinated), by Distribution Channel (Hypermarket & Supermarket, Online), by Region, and Segment Forecasts, 2021-2028 Report 58 Pages April 2021 Region: Global Grand View Research ID: 5318373 Description Table of Contents Companies Mentioned Methodology . Regional market sizes, concerning products by types, by application, and by players, are also provided. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. The report offers qualitative insights on the latest trends, business developments, demand patterns, and an overview of the regional market, including the current and projected CAGR (Compound Annual Growth Rate) status, and updates on leading manufacturers. Our support available to help you 24 hours a day, five days a week. The growing interest among individuals in drinks providing a pleasurable bubbly sensation is driving the demand for sparkling water in the forecast period. Mandarin Orange Cream Popsicles Pureed mandarins, creamy greek yogurt and . View Recipe. Chapter 4: Consumption of Sparkling Water in regional level and country level. This report has studied every segment and provided the market size using historical data. As of 2021, the global sparkling water industry has a market size of $33.43 billion. However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. In, Beverage Industry Magazine. https://www.fortunebusinessinsights.com/industry-reports/functional-water-market-100279, Balance Water Company LLC. https://www.360marketupdates.com/enquiry/request-sample/22380166, https://www.360marketupdates.com/enquiry/pre-order-enquiry/22380166, https://www.360marketupdates.com/purchase/22380166, Sparkling Water Market 2023 Size, Share, Top Players Resorch report Forecast 2029. Some prominent players in the global sparkling water market include: RHODIUS Mineralquellen und Getrnke GmbH & Co. KG, Revenue in USD million/billion and CAGR from 2021 to 2028, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, North America; Europe; Asia Pacific; Central & South America; Middle East & Africa, U.S.; Germany; U.K.; Italy; Spain; France; China; India; Brazil. The demand for a product with performance enhancement, cognitive enhancement, immune boosting, and other properties is increasing, which is a positive factor for the market. The market is segmented by ingredient, distribution channel, and region. [Online]. The shift in consumers shopping behavior is one of the major factors driving sales through the online channel. 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. The market is likely to experience moderate growth to record a CAGR of 3.2% throughout the forecast period 2022 - 2027. The Black Razzberry, Beach Plum, and Guava Sao Paulo are zero-sugar, zero-calorie sparkling waters which feature natural essences. A paid subscription is required for full access. Chart. (July 16, 2021). Complimentary 10 hours free analyst time for market review, 3. These advertisements highlight the quality and hydration benefits of the product, and also emphasize taste and convenience. Consumer health and improved brand awareness have led to an increase in demand for premium bottled water. The MarketWatch News Department was not involved in the creation of this content. Please wait while we are processing your request Sparkling Water Market Share & Trends Report, 2021-2028. RHODIUS Mineralquellen und Getrnke GmbH & Co. KG. Sparkling Water Market Introduction: Sparkling water contains minerals, such as calcium, magnesium, and sodium, and it is naturally carbonated. The growing consumer preference for sparkling water over sodas and sugary carbonated drinks is projected to drive the market over the forecast period. Sparkling Water market was valued at USD 49582.82 million in 2022 and reaching USD 91059.83 million by 2028.. Measure the growth data collected through surveys, focus groups, secondary sources or other methods. Free trial, before you make a purchase decision. Growing at a CAGR of 7.55%, the market will exhibit steady growth in the forecast period (2021-2028). I appreciate the timeliness and responsiveness of you and your team., (applicable to 1 report only for the same license type), The global functional water market is likely to grow from $13.80 billion in 2021 to $22.97 billion in 2028 at a CAGR of 7.55% in forecast period, 2021-2028, 2020 Fortune Business Insights . We never share your personal data. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. This graph presents the market share of the leading bottled sparkling water brands in the United States in 2020. No purchase commitment. We use cookies to enhance your experience. What is the sparkling water market growth? Remarkable job and great efforts by your research team. Consumers are increasingly seeking fortified food and drink products for certain functional benefits such as energy, relaxation, mental focus, and health support. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. Sparkling water is generally just water infused with pressurized carbon dioxide. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. The ideal entry-level account for individual users. The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. This market covers all packaged still, sparkling and flavoured water. However, with more relaxations on rules, the market for the aforementioned functional ingredients added water has started gaining traction again. 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. Nonetheless, the utilization of novel ingredients is gaining traction. North America leads the global sparkling water market share, at 35%. In. In terms of production side, this report researches the Sparkling Water Faucet and Dispenser production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2023, and forecast to 2028. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. By Application (, Hypermarkets and supermarkets, On-trade, Independent retailers, Convenience stores, Others), Many companies have established official economic ties with the organization, and individual advisors from all over the world have joined forces with it. Statista. The global sparkling water market is projected to grow at a CAGR of 12. . Bottled Water in Denmark by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2019. Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. 6. Mergers & acquisitions and product launches are among the key strategies taken up by the market players. Functional ingredients enriched with water is a delicious solution for those who are trying to achieve a healthy level of hydration but have trouble meeting the daily recommended amount of water. Regional and Private Label Brands Eye Expansions to Penetrate New Markets. 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. HAVE A QUESTION? The product is a PDF. Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Report moreover done a pastel evaluation within the business enterprise to study key influencers and boundaries to entry. $77 Billion Market Size 12.5% CAGR Europe Dominating Region 2022-2030 Forecast Period Segmentation By Type Natural/Mineral Sparkling Water Caffeinated Sparkling Water By Distribution Channel Store-Based Non-Store-Based As a Premium user you get access to the detailed source references and background information about this statistic. Thus, the consumer demand for natural and subtle flavors drinks is expected to drive the functional ingredients enriched water market in this region. This report also outlines the market trends of each segment and consumer behaviors impacting the Sparkling Water market and what implications these may have on the industry's future. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. 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). Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and . Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. Use Ask Statista Research Service. The botanical ingredients are associated with immune support as well as another possible physical, mental and emotional attributes. "Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales." Furthermore, the product has a number of advantages; for instance, it helps improve digestion and may help relieve constipation. Feb 23, 2023 (The Expresswire) -- Nous, Yahoo, faisons partie de la famille de marques Yahoo. Whats our next move? Focuses on the key global Sugar-Free Sparkling Water players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. If you are an admin, please authenticate by logging in again. 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. The others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. As per U.S. Food and Drug Administration (FDA), Sparkling mineral water is . 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. The sparkling water market is expected to grow from US$ 23,271.30 million in 2021 to US$ 55,298.58 million by 2028; it is estimated to grow at a CAGR of 11.7% from 2021 to 2028. 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. 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. Get full access to all features within our Business Solutions. That is why different water brands have different tastes as per their bottling sources. 02-22-2023 01:21 AM CET | IT, New Media & Software Press release from: Insightace Analytics In addition, we are constantly inclined to conform to the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective. This is due to the dominance of plain or unflavoured sparkling water due to its lower price range. Which is the leading segment based on ingredient in the functional water market? 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. The growing demand for natural and healthy water among consumers is driving the segment. (New York, U.S.), North America (By Ingredient, Distribution Channel, and By Country), Europe (By Ingredient, Distribution Channel, and By Country), Asia Pacific (By Ingredient, Distribution Channel, and By Country), Rest of Asia Pacific (By Distribution Channel), Rest of the World (By Ingredient, Distribution Channel, and By Country), Rest of the World (By Distribution Channel), Granular Research on Specified Regions or Segments, Companies Profiled based on User Requirement, Broader Insights Pertaining to a Specific Segment or Region, Breaking Down Competitive Landscape as per Your Requirement, Other Specific Requirement on Customization. Benefits such as improved intake, better digestion, and enhanced bone and heart health are influencing consumers to drink sparkling water. This report can help to understand the relevant market and consumer trends that are driving the Sparkling Water market. High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. North America held the largest share of over 35.0% in 2020. Due to varying update cycles, statistics can display more up-to-date Sales of the leading bottled still water brands in the U.S. 2022, Key brands' market share of bottled still water in the U.S. 2022, Sales of the leading bottled sparkling water brands in the U.S. 2021, Per capita consumption of bottled water in the U.S. 1999-2021. 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. Supermarket/Hypermarkets is expected to be the leading distribution channel for the sales of the product. In addition to eating correctly, consumers are increasingly aware of the importance of drinking correctly. By Type (, Unflavored, Fruit-flavored). 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. For more details, please read our privacy policy. Apart from business strategies, the study includes current developments and key financials. Your transaction & personal information is safe and secure. 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In Europe, quick-service restaurants are expanding at a notable growth rate. Key players of bottled water are launching sparkling water to gain maximum market share. This is foreseen to bode well for the regional market in the coming years. The others segment dominated the market and held a share of 36.4% in 2020. Changing Eating Patterns and Increased Focus on Health. Access to this and all other statistics on 80,000 topics from, Show sources information Currently, you are using a shared account. 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. Global Sparkling Water Market: Segment Analysis The research report includes specific segments by region (country), by company, by Type and by Application. 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. Portfolio expansion, i.e., new product development, remains one of the most preferred strategies by key market players worldwide. This acquisition has widened Keurig Dr Peppers water portfolio and through this acquisition, the company entered the caffeinated sparkling water market.