Key players of bottled water are launching sparkling water to gain maximum market share. 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. 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 in South America is expected to grow strongly, driven by strong demand for flavored, hygienic, and clean drinking water in the region. North America leads the global sparkling water market share, at 35%. The increase in demand for flavored bubbly and fizzy hydration products is projected to drive the segment growth. The MarketWatch News Department was not involved in the creation of this content. As per U.S. Food and Drug Administration (FDA), Sparkling mineral water is . The fortified water drink contains 200 mg of L-theanine and 10% of the daily value of magnesium. Explore purchase options. 02-22-2023 01:21 AM CET | IT, New Media & Software Press release from: Insightace Analytics 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. This new sparkling beverage has no carbohydrates, sweeteners, or sodium, and has a unique flavor of the hibiscus flower. Consumers are looking for dietary solutions to solve stress, lethargy, and weakened immunity because of their hectic lifestyles. The major players covered in the Sparkling Water market report are: Get a sample copy of the Sparkling Water Market report 2023. 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). The rising consumer preference for healthy alternatives to soft drinks is the major factor driving the segment. 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. In this article, we'll dive into the latest consumer trends and insights, as well as highlight the top companies in the industry. The report offers various insights on the overview of related markets, recent industry developments such as mergers & acquisitions, the regulatory scenario in key countries, and key market trends. The others segment dominated the market and held a share of 36.4% in 2020. Beverage Industry Magazine. Product Movement Analysis & Market Share, 2020 & 2028, 6.1. The latest growing trend in this market is the rising demand for water fortified with minerals, vitamins, antioxidants, and more. Copyright 2023 MarketWatch, Inc. All rights reserved. Proliferating Demand for Fortified Beverage to Support Market Growth. The product is a PDF. The developed market of North America is a clear leading region for functional ingredients added water sales owing to its robust growth in the U.S. You can also contact MarketWatch Customer Service via our Customer Center. The brand was closely followed by Private Label which accounted for 16.6% of the US sparkling water market share. Mergers & acquisitions and product launches are among the key strategies taken up by the market players. Caffeinated sparkling water is calorie- and sugar-free but contains added caffeine to boost energy levels. Key global players, recent developments & their impact on the industry, 1. This is foreseen to bode well for the regional market in the coming years. Frequency of water consumption worldwide 2017, by country, U.S. consumer beverage preference during the Super Bowl 2017, Manufacturing: Beverage & Tobacco Products in the U.S. 2022 - Industry Insights & Data Analysis, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. Proliferating demand for fortified beverage is a key factor that drives the markets growth. Free upgrade to enterprise license (allows to share across all company locations), 5. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. This study bestows production and revenue data by type, and during the historical period and forecast period. The report will incorporate these insights. "Market Intelligence that Adds Flavour to Your Success", Region : Global | Format: PDF | Report ID: FBI100279. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Clicking on the following button will update the content below. 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. Register in seconds and access exclusive features. The hypermarket and supermarket and convenience stores together held a significant share in 2020. The online distribution channel is expected to register the fastest CAGR of 13.3% from 2021 to 2028. Estimates on production and value are based on the price in the supply chain at which the Sparkling Water are procured by the manufacturers. Sparkling Water Market2023 | with CAGR 10.66 Persent stands refers to the average rate at which an investment or market grows over a specified period. The others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. The imposed lockdown and stay-at-home orders led people to work from home and work out at home, which initially impacted the sales of energy and sports drink. 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. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. At what CAGR is the functional water market projected to grow in the forecast period (2021-2028)? Moreover, the wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels. Sparkling Water Market size was valued at USD 27.9 billion in 2020 and is anticipated to grow at a CAGR of 11.98% during forecast period.The "sparkle" in sparkling water can also occur naturally, or it can be made artificially using a sparkling water system. Manufacturers are launching products with claims that go beyond vitamin-enhanced hydration, capitalizing on the popularity of fortified waters. 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. A paid subscription is required for full access. Which distribution channel is expected to dominate the global market? 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. Looking forward to work together in the future, It has been a delightful experience working with you guys. Global Sparkling Water Market Report (119 Pages) offers unique and essential statistics, data, information, trends, and competitive landscape details for this specific industry sector. Chapter 14: The main points and conclusions of the report. Then you can access your favorite statistics via the star in the header. Consumers are exhibiting an ever-growing inclination towards exotic ingredients and bold flavors that not only appeal to the palette but also are functional in terms of the overall nutritional profile. Bottled Water in Denmark by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2019. The global sparkling water market size was estimated at USD 29.71 billion in 2020 and is expected to reach USD 33.43 billion in 2021. b. For the 52 weeks ended May 17, 2020, private labels held a market share. The global market should be understood from its parent/related markets viz. For instance, in January 2020, Keurig Dr Pepper Inc. acquired Limitless, a U.S.-based caffeinated sparkling water company. Distribution Channel Movement Analysis & Market Share, 2020 & 2028, 7.1. The growing demand for natural and healthy water among consumers is driving the growth of this market. Which is the key factor driving the market? 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. $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 Market size is based on retail (off trade) and non-retail (on trade) sales. Benefits offered by online platforms, including shopping from the comfort of ones home, doorstep delivery, free shipping, subscription services, and discounts, are attracting millennials and the younger generation to opt for this channel. In 2021, the global top five players had a share approximately % in terms of revenue. The market is growing, owing to innovative product launches by companies and rising consumer inclination towards the product. RHODIUS Mineralquellen und Getrnke GmbH & Co. KG. 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. The product is a PDF. under its LaCroix brand. These drinks are a good substitute for coffee drinks, sweetened teas, and conventional energy drinks. 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. Learn more about how Statista can support your business. 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 functional ingredients added water market is experiencing a strong emergence of small private-label brands embarking on offering enhanced convenience and value-for-money. We are happy to help. The list of the top five brands is rounded by La Croix, Bubly, and Perrier, which held respective 13.2%, 8.5%, and 7% of the sparkling water . This is a very good piece of work and will be very helpful to us going forward. 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. You need at least a Starter Account to use this feature. Please fill out the form below for a free PDF report sample & These solutions appear in the form of functional foods, as they have the additional function of providing nutritional and health benefits. Final Report will add the analysis of the impact of COVID-19 on this industry. (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. The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. This product is a market research report. 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. For instance, in February 2021, PepsiCo, Inc. introduced five new caffeinated sparkling water flavors, namely mango passion fruit, blood orange grapefruit, triple berry, blueberry pomegranate, and citrus cherry flavors, under its bubbly brand. 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. The global marketplace has witnessed a growing inclination towards all-natural and plant-based ingredients that are easily recognizable and accepted owing to their widely known health benefits. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. 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. No purchase commitment. This report has studied every segment and provided the market size using historical data. You need a Statista Account for unlimited access. Copyright 2002-2023 Research and Markets. 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. We value your investment and offer free customization with every report to fulfil your exact research needs. Chapter 3: Production/output, value of Sparkling Water by region/country. Im 66, we have more than $2 million, I just want to golf can I retire. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. on: Celebrate citrus this season with fresh recipes featuring some of your favorite citrus like grapefruits, lemons, mandarins, blood oranges and so much more! functional beverages and bottled water both of these sectors exhibit strong dominance of key global brands intensely seeking the consolidation of the overall market. Nestl; PepsiCo, Inc.; National Beverage Corp.; Talking Rain; Keurig Dr Pepper Inc.; The Coca-Cola Company; Danone S.A.; SANPELLEGRINO S.P.A.; Clear Cut Phocus; Caribou Coffee Operating Company, Inc.; Hiball; RHODIUS Mineralquellen und Getrnke GmbH & Co. KG; AQUA Carpatica; Northwest Coffee; Volay Brands, LLC; WakeWater Beverage Co.; Big Watt Cold Beverage Co. Free report customization (equivalent up to 8 analysts working days) with purchase. Based on ingredient analysis, the market is divided into micronutrient, botanical extract, and others. Get a sample PDF of the report at - https://www.marketresearchguru.com/enquiry/request-sample/17205643. Based on product type: this report displays the production, revenue, price, and market share and growth rate of each type, primarily split into: On the basis of the end users/applications: this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including: Sparkling Water Market - Regional Analysis: Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Sparkling Water in these regions, from 2015 to 2027, covering, Inquire more and share questions if any before the purchase on this report at https://www.360marketupdates.com/enquiry/pre-order-enquiry/22380166. 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. The enhanced waters are generally micronutrients-fortified, hence a dominating segment. As people's awareness of obesity and diet-related diseases increases, the food and beverage industry is increasingly focusing on adding more fiber to beverages to obtain benefits such as calorie reduction, weight control, and promoting digestive health. With 25.3 percent of market share, the private-label still water category dominates the water category, while market share in the seltzer/sparkling/mineral bottled waters category is more evenly distributed between private label (17.7 percent); Sparkling Ice (16 percent); and La Croix (12.6 percent), it reports. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! Sparkling Water Market was valued at USD 32.03 billion in 2021 and is expected to reach USD 58.41 billion by 2029, registering a CAGR of 7.80% during the forecast period of 2022-2029. This website uses cookies to ensure you get the best experience. 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. 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. Convenience stores are expected to witness greater traction in the foreseeable future owing to their penetration and personalized purchasing experiences. 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. The demand for natural functional drinks is growing as consumers are now more inclined towards safe, clean-labeled, and hygienic ingredients. Your transaction & personal information is safe and secure. The data offered to us was exactly what we were looking for. Which distribution channel led the sparkling water market? Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and . 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. 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. dvelopper et amliorer nos produits et services. This market covers all packaged still, sparkling and flavoured water. Drawing on insights from the IndexBox market report, we'll take a closer look at what's driving growth and innovation in . Currently, you are using a shared account. Our support available to help you 24 hours a day, five days a week. Accessed March 04, 2023. https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/, Beverage Industry Magazine. 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. Sparkling Bottled Water Market Growth and Forecast (2022-2027): According to the research report, the global sparkling bottled water market is expected to experience healthy growth rate in the near future. Please select an option from the list below. In addition to eating correctly, consumers are increasingly aware of the importance of drinking correctly. How much is the global functional water market worth? By continuing to visit this site you agree to our use of cookies . The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. Sparkling water is one of the fastest . Innovative Product Development Efforts by Manufacturers to Drive Market Growth. Sparkling water market - Key market driver analysis. For more details, please read our privacy policy. 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. Functional ingredients added water continues on a solid growth trajectory and, in fact, grew rapidly in the first half of 2020. Key players are launching new products in the market in accordance with the demands of health-conscious consumers. 495.00. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Health Benefits of Product to Drive Sales during COVID-19 Pandemic. This is an enterprise license, allowing all employees within your organization access to the product. To analyze the Sugar-Free Sparkling Water with respect to individual growth trends, future prospects, and their contribution to the total market. Chapter 11: Production and supply forecast, global and regional, Chapter 12: Consumption and demand forecast, global and regional. 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. Show publisher information Further, mergers and acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner. 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. You can also contact MarketWatch Customer Service via our Customer Center. 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. It provides a quantitative analysis of the market size and development potential of each market segment in the next six years. Regional Movement Analysis & Market Share, 2020 & 2028, 8.1. 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. This is due to its added nutrients compared to spring water and the fact that mineral water is less processed than sparkling . Nous, Yahoo, faisons partie de la famille de marques Yahoo. The rise in CAGR is attributable to this markets demand and growth, returning to pre-pandemic levels once the pandemic is over. Chapter 9: Analysis of sales channel, distributors and customers. Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. Asia Pacific market for functional water is also set to experience a significant growth rate as consumers are becoming increasingly aware of the benefits of specialty offerings. In the face of this "push" in government regulation and the "pull" of growing consumer demand for healthier options, more businesses and regulatory requirements for APAC beverage manufacturers are paying more attention to their products' functional properties. Thank you!, I recommend Fortune Business Insights for their honesty and flexibility. 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. It's also known as seltzer. In. 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. 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 are GDPR and CCPA compliant! 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 Some of the prominent players reviewed in the research report include: Get Sample Copy of Sparkling Water Market Report. What are the factors driving the 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. "The quality of research they have done for us has been excellent.". 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.
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