The sparkling water market competitive landscape provides details by competitor. Use Ask Statista Research Service. Statista assumes no Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. 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. A paid subscription is required for full access. The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the pandemic. Regional and Private Label Brands Eye Expansions to Penetrate New Markets. 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. People also appreciate the artistic and easy-to-see bottle designs, along with attractive labels and stylish bottle shapes that set them apart from the usual water bottles they are used to seeing. Regional market sizes, concerning products by types, by application, and by players, are also provided. The growing consumer preference for sparkling water over sodas and sugary carbonated drinks is projected to drive the market over the forecast period. You can only download this statistic as a Premium user. The rise in CAGR is attributable to this markets demand and growth, returning to pre-pandemic levels once the pandemic is over. Addition or alteration to country, regional & segment scope. 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. How much is the global functional water market worth? It is available in many flavors and is devoid of sugar content and many other additives, unlike soda water. Currently, you are using a shared account. 5.1. You can also contact MarketWatch Customer Service via our Customer Center. Caffeinated sparkling water is calorie- and sugar-free but contains added caffeine to boost energy levels. Feb 23, 2023 (The Expresswire) -- 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 others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. The growing demand for natural and healthy water among consumers is driving the segment. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. 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 . Micronutrient Segment to Dominate due to Growing Consumer Inclination towards Natural Ingredients. Which product segment accounted for the largest sparkling water market share? Flavoured Sparkling Water Unflavoured Sparkling Water . Consumers look for better-for-you alternatives to carbonated soft drinks (CSDs), and the innovation in flavor is driving the functional ingredients enriched water category's success. 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. Furthermore, the product has a number of advantages; for instance, it helps improve digestion and may help relieve constipation. 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. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. 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. dvelopper et amliorer nos produits et services. It will be easily available in North America starting December 2021. Natural/mineral sparkling water held the largest share of more than 60.0% in 2020. This product is a market research report. 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. 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. 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. 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. The others segment dominated the market and held a share of 36.4% in 2020. Product Movement Analysis & Market Share, 2020 & 2028, 6.1. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. 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. 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. By Type (, Unflavored, Fruit-flavored). Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. Final Report will add the analysis of the impact of COVID-19 on this industry. We never share your personal data. 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. Proliferating Demand for Fortified Beverage to Support Market Growth. This website is secure and your personal details are safe. For instance, PepsiCo Inc. is launching a new drink that is intended to help consumers relax before bed, called Driftwell. The product is a PDF. Europe is the second-largest market for functional ingredients enriched water. Market size is based on retail (off trade) and non-retail (on trade) sales. To use individual functions (e.g., mark statistics as favourites, set This section of the report provides key insights regarding various regions and the key players operating in each region. What is the sparkling water market growth? Manufacturers are launching products with claims that go beyond vitamin-enhanced hydration, capitalizing on the popularity of fortified waters. This statistic is not included in your account. The major players covered in the Sparkling Water market report are: Get a sample copy of the Sparkling Water Market report 2023. That is why different water brands have different tastes as per their bottling sources. Report moreover done a pastel evaluation within the business enterprise to study key influencers and boundaries to entry. 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. The product is a PDF. As a result, manufacturers are incorporating a plethora of herbs and spices in the drinks because of their inherent health benefits. Get a Sample PDF of report: https://www.360marketupdates.com/enquiry/request-sample/22380166. Sparkling Water Market size is expected to reach US$ 82.81 Bn by 2029, at a CAGR of 12% during the forecast period. 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. [Online]. North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. They have additional health benefits, and these benefits can range from increased energy to hydration and probiotic energy. 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. Global Sparkling Water Market: Segment Analysis The research report includes specific segments by region (country), by company, by Type and by Application. The sparkling bottled water market in the United States is. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Is there a problem with this press release? Request a Free sample to learn more about this report. 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. This is a 1-5 user license, allowing up to five users have access to the product. This is a single user license, allowing one user access to the product. These drinks are a good substitute for coffee drinks, sweetened teas, and conventional energy drinks. 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. Purchase this Report (Price 2900 USD for a Single-User License) -https://marketresearchguru.com/purchase/17205643, 1.1 Product Overview and Scope of Sparkling Water, 1.3 Sparkling Water Segment by Application, 2.1 Global Sparkling Water Production Market Share by Manufacturers (2017-2022), 2.2 Global Sparkling Water Revenue Market Share by Manufacturers (2017-2022), 2.3 Sparkling Water Market Share by Company Type (Tier 1, Tier 2 and Tier 3), 2.4 Global Sparkling Water Average Price by Manufacturers (2017-2022), 2.5 Manufacturers Sparkling Water Production Sites, Area Served, Product Types, 2.6 Sparkling Water Market Competitive Situation and Trends, 3.1 Global Production of Sparkling Water Market Share by Region (2017-2022), 3.2 Global Sparkling Water Revenue Market Share by Region (2017-2022), 3.3 Global Sparkling Water Production, Revenue, Price and Gross Margin (2017-2022), 3.4 North America Sparkling Water Production, 4 Global Sparkling Water Consumption by Region, 4.1 Global Sparkling Water Consumption by Region, 5.1 Global Production Market Share by Type (2017-2022), 5.2 Global Revenue Market Share by Type (2017-2022), 6.1 Global Production Market Share by Application (2017-2022), 6.2 Global Revenue Market Share by Application (2017-2022), 6.3 Global Price by Application (2017-2022), 8 Sparkling Water Manufacturing Cost Analysis, 8.2 Proportion of Manufacturing Cost Structure, 8.3 Manufacturing Process Analysis of Sparkling Water, 9 Marketing Channel, Distributors and Customers, 11.1 Global Forecasted Production of Sparkling Water by Region (2023-2028), 11.2 North America Production, Revenue Forecast (2023-2028), 11.3 Europe Production, Revenue Forecast (2023-2028), 11.4 China Production, Revenue Forecast (2023-2028), 11.5 Japan Production, Revenue Forecast (2023-2028), 12.1 Global Forecasted Demand Analysis of Sparkling Water, 12.2 North America Forecasted Consumption of by Country, 12.3 Europe Market Forecasted Consumption of by Country, 12.4 Asia Pacific Market Forecasted Consumption of by Region, 12.5 Latin America Forecasted Consumption of by Country, 13 Forecast by Type and by Application (2023-2028), 13.1 Global Production, Revenue and Price Forecast by Type (2023-2028), 13.2 Global Forecasted Consumption of Sparkling Water by Application (2023-2028), 15.1.3 Market Breakdown and Data Triangulation, For Detailed TOC - https://marketresearchguru.com/TOC/17205643#TOC, Food Grade Stainless Steel Container Market, The Future of 3D IC Flip Chip Product Market, The Rise of Wigs and Wig Accessories Market, Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Sparkling Water Market 2023 Share Analysis: Understanding How Your Business Stacks Up Against Competitors, COMTEX_425123747/2598/2023-02-23T05:15:23. Get in touch with us. 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 botanical ingredients are associated with immune support as well as another possible physical, mental and emotional attributes. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. With the growing awareness regarding the importance of leading a healthy lifestyle, people are switching to sparkling water due to the presence of a variety of minerals, including sodium, magnesium, and calcium, in the product. The shift in consumers shopping behavior is one of the major factors driving sales through the online channel. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. 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 sparkling bottled water market in the United States is dominant, accounting for 12% of total North American sales. This report can help to understand the relevant market and consumer trends that are driving the Sparkling Water market. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Consumers are increasingly seeking fortified food and drink products for certain functional benefits such as energy, relaxation, mental focus, and health support. You need a Statista Account for unlimited access. Europe accounted for a significant share in 2020. All rights reserved. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. 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. grapefruit, lemon, lime, coconut and sparkling water. The fortified water drink contains 200 mg of L-theanine and 10% of the daily value of magnesium. Sparkling water market - Key market driver analysis. The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. For instance, in July 2021, National Beverage Corporation, an American beverage manufacturer, released a trio of new flavors of the sparkling water under its LaCroix brand. 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. To Understand How Covid-19 Impact Is Covered in This Report - https://marketresearchguru.com/enquiry/request-covid19/17205643. The micronutrient is expected to be the leading segment based on ingredient in the global market during the forecast period. 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. Thus, the consumer demand for natural and subtle flavors drinks is expected to drive the functional ingredients enriched water market in this region. liability for the information given being complete or correct. Apart from business strategies, the study includes current developments and key financials. Beverage Industry Magazine. 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. 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. Moreover, the bundling strategy and economical pricing are responsible for higher sales of functional ingredients added water among supermarkets. It provides a quantitative analysis of the market size and development potential of each market segment in the next six years. Specialists have also laid their focus on the upcoming business prospects. This text provides general information. Free business intelligence platform with subscription, 4. They have been introducing several new beverages and food items inspired by national as well as international cuisines in order to further their footprint in an increasingly competitive environment. For instance, a Swedish company, Vitamin Well, is asking brand ambassadors to reinforce its motto: "rich in function, low in calories." The global functional water market growth will be propelled by the development of innovative products and the launch of new flavors by manufacturers. Copyright 2002-2023 Research and Markets. The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. HAVE A QUESTION? data than referenced in the text. These advertisements highlight the quality and hydration benefits of the product, and also emphasize taste and convenience. B1U has launched a series of functional infused water with no sugar or artificial sweeteners. 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 . Due to varying update cycles, statistics can display more up-to-date The online distribution channel is expected to register the fastest growth rate of 13.3% from 2021 to 2028. All Rights Reserved. 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. We are GDPR and CCPA compliant! The emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. Business Solutions including all features. This study bestows production and revenue data by type, and during the historical period and forecast period. Based on our analysis, the market exhibited a growth of 8.33% in 2020 than the average year-on-year growth during 2017-2019. Their social media handles are filled with images of athletes (runners, swimmers, skaters, tennis players), and their cans feature striking and elegant animal prints. 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. Complimentary 10 hours free analyst time for market review, 3. Privacy Policy. The demand from sparkling water is significantly increasing owing to health benefits associated with it such as weight management, improves digestion, and provides . Whats our next move? Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. As a Premium user you get access to the detailed source references and background information about this statistic. The report will incorporate these insights. The Black Razzberry, Beach Plum, and Guava Sao Paulo are zero-sugar, zero-calorie sparkling waters which feature natural essences. Please select an option from the list below. 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. If you are an admin, please authenticate by logging in again. The data offered to us was exactly what we were looking for. Report Coverage & Deliverables PDF report & online dashboard will help you understand: Competitive benchmarking Historical data & forecasts The Global Sparkling Water Market is estimated to be worth $76.95 billion by 2028. North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region.
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