Based on distribution channel, the market is categorized into supermarkets/hypermarkets, convenience stores, online retail, and others. This factor mainly promotes the growth of this segment. 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. Europe is the second-largest market for functional ingredients enriched water. The Global Sparkling Water Market is estimated to be worth $76.95 billion by 2028. Health Benefits of Product to Drive Sales during COVID-19 Pandemic. Are you interested in testing our business solutions? 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$3,973.293 million by 2027. Sparkling Water market was valued at USD 49582.82 million in 2022 and reaching USD 91059.83 million by 2028.. Measure the growth data collected through surveys, focus groups, secondary sources or other methods. They have also talked about the growth opportunities that the segment may pose in the future. data than referenced in the text. It provides a quantitative analysis of the market size and development potential of each market segment in the next six years. North America leads the global sparkling water market share, at 35%. Henceforth, functional ingredients added to water are quickly emerging as a distinct and recognizable category. Statista assumes no Based on product type: this report displays the production, revenue, price, and market share and growth rate of each type, primarily split into: On the basis of the end users/applications: this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including: Sparkling Water Market - Regional Analysis: Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Sparkling Water in these regions, from 2015 to 2027, covering, Inquire more and share questions if any before the purchase on this report at https://www.360marketupdates.com/enquiry/pre-order-enquiry/22380166. Flavored sparkling water costs around US$ 1.72 and normal or unflavoured costs around US$ 0.70, which has positively impacted the demand of the plain market. Copyright 2023 MarketWatch, Inc. All rights reserved. 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. Our support available to help you 24 hours a day, five days a week. An Infographic Representation of Functional Water Market, To get information on various segments, share your queries with us. After COVID-19, consumers have become more anxious, and they have started giving priority to immune health. Si vous ne souhaitez pas que nos partenaires et nousmmes utilisions des cookies et vos donnes personnelles pour ces motifs supplmentaires, cliquez sur Refuser tout. 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). As a Premium user you get access to the detailed source references and background information about this statistic. Moreover, the bundling strategy and economical pricing are responsible for higher sales of functional ingredients added water among supermarkets. Estimates on production and value are based on the price in the supply chain at which the Sparkling Water are procured by the manufacturers. The global functional water market size was USD 12.86 billion in 2020. Get in touch with us. In addition to eating correctly, consumers are increasingly aware of the importance of drinking correctly. 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. Final Report will add the analysis of the impact of COVID-19 on this industry. In addition, due to the increasing standard of living, many people switch from carbonated water to functional ingredients added water. 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. Free upgrade to enterprise license (allows to share across all company locations), 5. Privacy Policy. dvelopper et amliorer nos produits et services. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Which region dominated the sparkling water market? Along with this, the report provides an elaborative analysis of the market dynamics and competitive landscape. Share article Citrus-ly Good Recipes! (July 16, 2021). Functional ingredients added water continues on a solid growth trajectory and, in fact, grew rapidly in the first half of 2020. The most important key figures provide you with a compact summary of the topic of "Bottled water market in the United States" and take you straight to the corresponding statistics. The growing demand for natural and healthy water among consumers is driving the growth of this market. Nonetheless, the utilization of novel ingredients is gaining traction. liability for the information given being complete or correct. Chapter 3: Production/output, value of Sparkling Water by region/country. 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. The demand for natural functional drinks is growing as consumers are now more inclined towards safe, clean-labeled, and hygienic ingredients. Manufacturers are launching products with claims that go beyond vitamin-enhanced hydration, capitalizing on the popularity of fortified waters. Access to this and all other statistics on 80,000 topics from, Show sources information The fortified water drink contains 200 mg of L-theanine and 10% of the daily value of magnesium. The innovation in bottling (packaging) technology, coupled with a strengthening retail distribution scenario, further facilitates the market for functional ingredients enriched water. Thus, the consumer demand for natural and subtle flavors drinks is expected to drive the functional ingredients enriched water market in this region. The global functional water market size was USD 12.86 billion in 2020 and is projected to grow from USD 13.80 billion in 2021 to USD 22.97 billion in 2028 at a CAGR of 7.55% during 2021-2028. The global sparkling water market size was valued at USD 29.71 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.6% from 2021 to 2028. This report segments the global Sparkling Water market comprehensively. Which distribution channel led the sparkling water market? It provides a quantitative analysis of the market size and development potential of each region in the next six years. Consumers are looking for dietary solutions to solve stress, lethargy, and weakened immunity because of their hectic lifestyles. For instance, in May 2019, National Beverage Corp. launched a new flavor, Hi-Biscus! The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Sparkling Water Market Size is anticipated to reach USD 77 Billion by 2030, registering a CAGR of 12.5% during 2022-2030. We earn $400,000 and spend beyond our means. Sparkling Water Market size is expected to reach US$ 82.81 Bn by 2029, at a CAGR of 12% during the forecast period. Evolving dietary consumption pattern is a key market trend. Together with the optimistic revenue projections. 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. 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) The market is segmented by ingredient, distribution channel, and region. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. For instance, PepsiCo Inc. is launching a new drink that is intended to help consumers relax before bed, called Driftwell. 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. The sparkling water market competitive landscape provides details by competitor. 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. Copyright 2023 Grand View Research, Inc. All rights reserved. Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. You can only download this statistic as a Premium user. 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. Feb 09, 2023 (The Expresswire) -- Discounted price for multiple reports across domains, 2. The MarketWatch News Department was not involved in the creation of this content. functional beverages and bottled water both of these sectors exhibit strong dominance of key global brands intensely seeking the consolidation of the overall market. 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. Complimentary 10 hours free analyst time for market review, 3. The emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. You can also contact MarketWatch Customer Service via our Customer Center. Please do not hesitate to contact me. The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the . This product is a market research report. 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. 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 market is growing, owing to innovative product launches by companies and rising consumer inclination towards the product. 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. All Rights Reserved. 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. 495.00. 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. [Online]. Nous, Yahoo, faisons partie de la famille de marques Yahoo. You need a Statista Account for unlimited access. Chapter 14: The main points and conclusions of the report. Thus, the demand for drinks featuring these ingredients has grown and is expected to grow in the future. The latest growing trend in this market is the rising demand for water fortified with minerals, vitamins, antioxidants, and more. Sparkling Water Market Size, Share & Trends Analysis Report By Product (Natural/Mineral, Caffeinated), By Distribution Channel (Hypermarket & Supermarket, Online), By Region, And Segment Forecasts . Caffeinated sparkling water is calorie- and sugar-free but contains added caffeine to boost energy levels. 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. This market covers all packaged still, sparkling and flavoured water. 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. Im 66, we have more than $2 million, I just want to golf can I retire? These drinks are a good substitute for coffee drinks, sweetened teas, and conventional energy drinks. A paid subscription is required for full access. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. 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. Convenience stores help consumers on the go stay hydrated, and with consumers increasingly looking for healthier options, there are plenty of opportunities to promote and grow sales of functional ingredients added water. This product is a market research report. 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. See for yourself. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! 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 botanical ingredients are associated with immune support as well as another possible physical, mental and emotional attributes. 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 major players covered in the Sparkling Water market report are: Get a sample copy of the Sparkling Water Market report 2023. $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 The global functional water market growth will be propelled by the development of innovative products and the launch of new flavors by manufacturers. 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. 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. 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 . Then you can access your favorite statistics via the star in the header. In addition to these mentioned factors, it encompasses several other factors that have contributed to the market's growth in recent years. It additionally affords the proper insights and evaluation which are crucial to layout powerful commercial enterprise techniques and set the proper direction for improved boom for all enterprise gamers involved. To Understand How Covid-19 Impact Is Covered in This Report - https://marketresearchguru.com/enquiry/request-covid19/17205643. This statistic is not included in your account. We are GDPR and CCPA compliant! The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. We are happy to help. 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. Market size is based on retail (off trade) and non-retail (on trade) sales. The global market should be understood from its parent/related markets viz. Sparkling Ice held 17.2% of the total sparkling water market share in the US in 2021. 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 document analyzes the effect of the pandemic on the zzzz market from a international and nearby angle. Mergers & acquisitions and product launches are among the key strategies taken up by the market players. This will assist the users to be attentive and make informed decisions related to business. However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. online dashboard trial. Chapter 9: Analysis of sales channel, distributors and customers. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. (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. Based on ingredient analysis, the market is divided into micronutrient, botanical extract, and others. July 16, 2021. Is there a problem with this press release? The online distribution channel is expected to register the fastest CAGR of 13.3% from 2021 to 2028. The sparkling product segment accounted for the highest revenue share of more than 72% in 2020 and is estimated to expand further at a steady CAGR from 2021 to 2028. North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. Your transaction & personal information is safe and secure. Sparkling Water Market Introduction: Sparkling water contains minerals, such as calcium, magnesium, and sodium, and it is naturally carbonated. 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. 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. "The quality of research they have done for us has been excellent.". 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. on: Celebrate citrus this season with fresh recipes featuring some of your favorite citrus like grapefruits, lemons, mandarins, blood oranges and so much more! The global sparkling water market is projected to grow at a CAGR of 12. . Request a Free sample to learn more about this report. This is due to its added nutrients compared to spring water and the fact that mineral water is less processed than sparkling . 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. Their social media handles are filled with images of athletes (runners, swimmers, skaters, tennis players), and their cans feature striking and elegant animal prints. 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. 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. We know where we will be getting business intelligence from in the future., Thank you for sending the market report and data. Furthermore, the product has a number of advantages; for instance, it helps improve digestion and may help relieve constipation. 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. Avail customized purchase options to meet your exact research needs. 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. We value your investment and offer free customization with every report to fulfil your exact research needs. Benefits such as improved intake, better digestion, and enhanced bone and heart health are influencing consumers to drink sparkling water. Profit from the additional features of your individual account. North America held the largest share of over 35.0% in 2020. Please fill out the form below for a free PDF report sample & 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. What is the sparkling water market growth? This text provides general information. Choose reports from a database of more than 10,000 reports. For more details, please read our privacy policy. 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. Europe accounted for a significant share in 2020. Regional and Private Label Brands Eye Expansions to Penetrate New Markets. Drawing on insights from the IndexBox market report, we'll take a closer look at what's driving growth and innovation in . 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. Distribution Channel Movement Analysis & Market Share, 2020 & 2028, 7.1. Moreover, the wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels. The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. Free business intelligence platform with subscription, 4. Which region is expected to hold the highest share in the market? Each license type allows a set number of users to access the report. The report will incorporate these insights. This report has studied every segment and provided the market size using historical data. This section of the report provides key insights regarding various regions and the key players operating in each region. Its capability to help decrease the intake of sugar upsurges the consumption of the product as it helps to prevent consumers against diabetes. Hence, several consumers consider carbonated water as a healthier alternative to soda and sugary carbonated drinks. Contact the source provider Comtex at editorial@comtex.com. Clicking on the following button will update the content below. The sparkling bottled water market in the United States is dominant, accounting for 12% of total North American sales.