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Copyright 2023 MarketWatch, Inc. All rights reserved. Caffeinated sparkling water is calorie- and sugar-free but contains added caffeine to boost energy levels. The rising consumer interest in health and wellness has put a spotlight on functional nutrition. What are the factors driving the sparkling water market. Visit a quote page and your recently viewed tickers will be displayed here. Global markets are presented by Sparkling Water type, along with growth forecasts through 2028. The hypermarket and supermarket and convenience stores together held a significant share in 2020. This product is a market research report. Understanding the segments helps in identifying the importance of different factors that aid the market growth. 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. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! 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. Clicking on the following button will update the content below. Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. Thus, the consumer demand for natural and subtle flavors drinks is expected to drive the functional ingredients enriched water market in this region. Report moreover done a pastel evaluation within the business enterprise to study key influencers and boundaries to entry. The market is likely to experience moderate growth to record a CAGR of 3.2% throughout the forecast period 2022 - 2027. This product is a market research report. They have additional health benefits, and these benefits can range from increased energy to hydration and probiotic energy. The emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. Please fill out the form below for a free PDF report sample & Growing at a CAGR of 7.55%, the market will exhibit steady growth in the forecast period (2021-2028). For instance, in May 2019, National Beverage Corp. launched a new flavor, Hi-Biscus! It is available in many flavors and is devoid of sugar content and many other additives, unlike soda water. The global sparkling water market is projected to grow at a CAGR of 9.28%, from a market size of US$2,134.246 million in 2020 to a market size of US$3,973.293 million by 2027. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. 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. "Market Intelligence that Adds Flavour to Your Success", Region : Global | Format: PDF | Report ID: FBI100279. In Asian region, Thailand, Malaysia, Sri Lanka, and the Philippines have introduced a sugar-sweetened beverage (SSB) tax in the past two years, while several other countries, including Vietnam, Australia, New Zealand, and Singapore, have also introduced a sugar-sweetened beverage. functional beverages and bottled water both of these sectors exhibit strong dominance of key global brands intensely seeking the consolidation of the overall market. 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. 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. Whats our next move? 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. As consumers continue to search for complete solutions that can meet their health and wellness needs, functional beverages, especially those containing immune-enhancing ingredients, may continue to receive attention. 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. Chapter 13: Forecast by type and by application. Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales [Graph]. Evolving dietary consumption pattern is a key market trend. This is a 1-5 user license, allowing up to five users have access to the product. b. 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 is due to the dominance of plain or unflavoured sparkling water due to its lower price range. Based on distribution channel, the market is categorized into supermarkets/hypermarkets, convenience stores, online retail, and others. Changing Eating Patterns and Increased Focus on Health. 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. 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 . Thus, the demand for drinks featuring these ingredients has grown and is expected to grow in the future. The brand was closely followed by Private Label which accounted for 16.6% of the US sparkling water market share. Currently, you are using a shared account. As a result, manufacturers are incorporating a plethora of herbs and spices in the drinks because of their inherent health benefits. For instance, in 2020, Ocean Spray Cranberries, Inc., an American-based company, launched B1U, a new series of functional beverages made with simple ingredients and in recyclable packaging. 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. This market covers all packaged still, sparkling and flavoured water. Sparkling water is generally just water infused with pressurized carbon dioxide. $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 Competitive Landscape and Sparkling Water Market Share Analysis. The market is growing, owing to innovative product launches by companies and rising consumer inclination towards the product. North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. The others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. This will assist the users to be attentive and make informed decisions related to business. For instance, PepsiCo Inc. is launching a new drink that is intended to help consumers relax before bed, called Driftwell. The sparkling bottled water market in the United States is. to incorporate the statistic into your presentation at any time. 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. RHODIUS Mineralquellen und Getrnke GmbH & Co. KG. 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. 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. Choose reports from a database of more than 10,000 reports. This is foreseen to bode well for the regional market in the coming years. 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. Copyright 2023 Grand View Research, Inc. All rights reserved. Sparkling Water Market Size, Share & Trends Analysis Report By Product (Natural/Mineral, Caffeinated), By Distribution Channel (Hypermarket & Supermarket, Online), By Region, And Segment Forecasts . This report segments the global Sparkling Water market comprehensively. The increasing demand for fortified drinks with the inclusion of essential ingredients like vitamins, minerals, amino acids, and proteins is anticipated to drive the market for functional ingredients enriched water. [Online]. That is why different water brands have different tastes as per their bottling sources. We use cookies to enhance your experience. Flavoured Sparkling Water Unflavoured Sparkling Water . Consumers are looking for dietary solutions to solve stress, lethargy, and weakened immunity because of their hectic lifestyles. This report can help to understand the relevant market and consumer trends that are driving the Sparkling Water market. Sparkling Ice held 17.2% of the total sparkling water market share in the US in 2021. The largest sparkling water brand in the world is San Pellegrino, with $901 million in sales and a market share of 4.9%. Free trial, before you make a purchase decision. Asia Pacific market for functional water is also set to experience a significant growth rate as consumers are becoming increasingly aware of the benefits of specialty offerings. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Further, mergers and acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner. The global market should be understood from its parent/related markets viz. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, revenue, , price, gross margin, product introduction, recent development, etc. Estimates on production and value are based on the price in the supply chain at which the Sparkling Water are procured by the manufacturers. Sparkling Water Market size is expected to reach US$ 82.81 Bn by 2029, at a CAGR of 12% during the forecast period. Some of the key questions answered in this report: Sparkling Water Market - Covid-19 Impact and Recovery Analysis: We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. Proliferating Demand for Fortified Beverage to Support Market Growth. North America held the largest share of over 35.0% in 2020. Due to varying update cycles, statistics can display more up-to-date 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. 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 FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. Share article Citrus-ly Good Recipes! 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. For more details, please read our privacy policy. We are GDPR and CCPA compliant! "Market Share of The Leading Seltzer, Bottled Sparkling/Mineral Water Brands in The United States in 2021, Based on Sales. Which product segment accounted for the largest sparkling water market share? 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. We never share your personal data. This section of the report provides key insights regarding various regions and the key players operating in each region. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. The global functional water market size was USD 12.86 billion in 2020. All Rights Reserved. Hypermarkets and Supermarkets Independent Retailers Convenience Stores Online Retailers , Inquire or Share Your Questions If Any Before the Purchasing This Report - https://www.marketresearchguru.com/enquiry/pre-order-enquiry/17205643. b. The online distribution channel is expected to register the fastest growth rate of 13.3% from 2021 to 2028. North America is expected to hold the highest market share. Their social media handles are filled with images of athletes (runners, swimmers, skaters, tennis players), and their cans feature striking and elegant animal prints. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. In. In, Beverage Industry Magazine. Key players of bottled water are launching sparkling water to gain maximum market share. Our support available to help you 24 hours a day, five days a week. 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 . Feb 09, 2023 (The Expresswire) -- Privacy Policy. 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. statistic alerts) please log in with your personal account. To analyze the Sugar-Free Sparkling Water with respect to individual growth trends, future prospects, and their contribution to the total market. Henceforth, functional ingredients added to water are quickly emerging as a distinct and recognizable category. 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. Get full access to all features within our Business Solutions. The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the . Benefits such as improved intake, better digestion, and enhanced bone and heart health are influencing consumers to drink sparkling water. Free upgrade to enterprise license (allows to share across all company locations), 5. Contact the source provider Comtex at editorial@comtex.com. 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. Learn more about how Statista can support your business. Market Overview: Get a Sample PDF of report: https://www.360marketupdates.com/enquiry/request-sample/22380166.
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sparkling water market share