Growing at a CAGR of 7.55%, the market will exhibit steady growth in the forecast period (2021-2028). Along with this, the report provides an elaborative analysis of the market dynamics and competitive landscape. 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. Sparkling Water Market Share & Trends Forecast Report 2028 Some of the prominent players reviewed in the research report include: Get Sample Copy of Sparkling Water Market Report. Global Sparkling Water Market Report (119 Pages) offers unique and essential statistics, data, information, trends, and competitive landscape details for this specific industry sector. 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. Which distribution channel led the sparkling water market? The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. 5.1. These launches are increasing product visibility in the market and are anticipated to boost the market growth over the forecast period. 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. Flavoured Sparkling Water Unflavoured Sparkling Water . Chart. This graph presents the market share of the leading bottled sparkling water brands in the United States in 2020. Europe accounted for a significant share in 2020. To know how our report can help streamline your business, Speak to Analyst, Supermarkets/Hypermarkets to Dominate owing to Growing Trend of Impulse Grocery Buying. Manufacturers are launching products with claims that go beyond vitamin-enhanced hydration, capitalizing on the popularity of fortified waters. Sparkling Water Market Size, Share & Trends Analysis Report by Product (Natural/Mineral, Caffeinated), by Distribution Channel (Hypermarket & Supermarket, Online), by Region, and Segment Forecasts, 2021-2028. Innovative Product Development Efforts by Manufacturers to Drive Market Growth. The product is a PDF. 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 major players covered in the Sparkling Water market report are: Get a sample copy of the Sparkling Water Market report 2023. All Rights Reserved. We use cookies to enhance your experience. Who are the key players in the sparkling water market? 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. Sparkling Water Market Size, Share, Growth | Industry Analysis 2027 Competitive Landscape and Sparkling Water Market Share Analysis. "Market Intelligence that Adds Flavour to Your Success", Region : Global | Format: PDF | Report ID: FBI100279. 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. (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 growing demand for natural and healthy water among consumers is driving the segment. Sparkling Water Market size is expected to reach US$ 82.81 Bn by 2029, at a CAGR of 12% during the forecast period. 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. 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 caffeinated segment is projected to register the fastest CAGR of 12.6% from 2021 to 2028. 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. To Understand How Covid-19 Impact Is Covered in This Report - https://marketresearchguru.com/enquiry/request-covid19/17205643. In addition to these mentioned factors, it encompasses several other factors that have contributed to the market's growth in recent years. As consumers are seeking sparkling water with added benefits, manufacturers are trying to launch new variants of the product with caffeine in it. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. 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. 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. Sparkling Water Market Size, Share & Trends Analysis Report by Product Consumer health and improved brand awareness have led to an increase in demand for premium bottled water. Remarkable job and great efforts by your research team. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. North America leads the global sparkling water market share, at 35%. Explore purchase options. It provides a quantitative analysis of the market size and development potential of each region in the next six years. How much is the global functional water market worth? By product, the natural/mineral segment held the largest share of more than 60.0% in 2020. The global sparkling water market is expected to grow at a compound annual growth rate of 12.6% from 2021 to 2028 to reach USD 76.95 billion by 2028. b. Natural/mineral sparkling water contributed to the highest share of more than 60% in the global revenue in 2020. Evolving dietary consumption pattern is a key market trend. At the same time, regulations are being put in place across Asia Pacific to reduce the amount of sugar in beverages. "Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales." 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. Benefits such as improved intake, better digestion, and enhanced bone and heart health are influencing consumers to drink sparkling water. Sparkling water is generally made out of mineral water due to the presence of less amount of solid minerals and naturally present carbon dioxide.The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Sparkling Water market covering all its essential aspects.For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. This acquisition has widened Keurig Dr Peppers water portfolio and through this acquisition, the company entered the caffeinated sparkling water market. Citrus-ly Good Recipes! | Sprouts Farmers Market Market size is based on retail (off trade) and non-retail (on trade) sales. In 2021, the global top five players had a share approximately % in terms of revenue. For the 52 weeks ended May 17, 2020, private labels held a market share. Our support available to help you 24 hours a day, five days a week. Together with the optimistic revenue projections. Micronutrient Segment to Dominate due to Growing Consumer Inclination towards Natural Ingredients. The rise in CAGR is attributable to this markets demand and growth, returning to pre-pandemic levels once the pandemic is over. 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. This section of the report provides key insights regarding various regions and the key players operating in each region. 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. Functional Water Market Size & Share | Growth Report [2028] 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. See for yourself. Sparkling Water Market Definition, Segmentation, Revenue, 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. Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. Copyright 2002-2023 Research and Markets. The spring bottled water segment accounted for revenue share of over 17.0% in 2016; Mineral bottled water accounted for the largest market share in 2016 and is expected to witness a CAGR of 7.3% over the forecast period. Natural/mineral sparkling water held the largest share of more than 60.0% in 2020. Flavored Water Market Size & Share Report, 2021-2028 - Grand View Research The latest growing trend in this market is the rising demand for water fortified with minerals, vitamins, antioxidants, and more. Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. 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 MarketWatch News Department was not involved in the creation of this content. The global functional water market size was USD 12.86 billion in 2020. b. By Type (, Unflavored, Fruit-flavored). Request a Free sample to learn more about this report. Sparkling water is generally just water infused with pressurized carbon dioxide. North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. 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. However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region. 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. This statistic is not included in your account. Sparkling Water Market Size, Share & Trends Analysis Report By Product In. We value your investment and offer free customization with every report to fulfil your exact research needs. 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. Product Movement Analysis & Market Share, 2020 & 2028, 6.1. Sparkling Bottled Water Market - Market Data Forecast Regional Movement Analysis & Market Share, 2020 & 2028, 8.1. Mergers & acquisitions and product launches are among the key strategies taken up by the market players. Sparkling Water Market Size, Share, Growth, Industry Forecast till 20 We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Complimentary 10 hours free analyst time for market review, 3. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. Moreover, the wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels. The report was very accurate and as per my requirements. Sparkling Water Market Size, Share, Analysis, Demand As a Premium user you get access to background information and details about the release of this statistic. 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 influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Feb 23, 2023 (The Expresswire) -- After COVID-19, consumers have become more anxious, and they have started giving priority to immune health. The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. Sparkling Water Market - Competitive and Segmentation Analysis: This Sparkling Water Market report offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2017-2023. 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) 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. Chapter 3: Production/output, value of Sparkling Water by region/country. 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. It looks quite comprehensive and the data is exactly what I was looking for. 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. The emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. The sparkling bottled water market in the United States is. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. Its capability to help decrease the intake of sugar upsurges the consumption of the product as it helps to prevent consumers against diabetes. The 15 Largest Sparkling Water Brands In The World - Zippia Get a sample PDF of the report at - https://www.marketresearchguru.com/enquiry/request-sample/17205643. The active principles from a variety of super fruits, herbal extracts, and other plant-based ingredients are known to not only serve the functional role of synthetic additives but also substantially increase the nutritional profiles of specialty water. 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 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. 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. 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. 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. This product is a market research report. That is why different water brands have different tastes as per their bottling sources. Beverage Industry Magazine. At what CAGR is the functional water market projected to grow in the forecast period (2021-2028)? Proliferating Demand for Fortified Beverage to Support Market Growth. Available: https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/, Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales, Available to download in PNG, PDF, XLS format, Volume of bottled water sold in the U.S. 2010-2021, Volume growth of bottled water in the U.S. 2007-2020, Leading vendors of bottled water in the U.S. 2020, based on sales, Volume of U.S. water imports 2020, by country, Value of U.S. water imports 2020, by country, Value of U.S. water exports 2020, by country, Volume of U.S. water exports 2020, by country, Key brands' market share of bottled sparkling water in the U.S. 2021, Dollar sales growth of sparkling water in the U.S. 2021, by brand, Bottled water market: volume growth by country 2011, Bottled water market: volume share in Western Europe by country 2011, Packaged water: global market value share 2015, by category, Bottled water market: volume share worldwide 2015-2020, by country, Bottled water market: volume in Western Europe 2006-2011, Segment growth of bottled water in the U.S. 2015, Bottled water market: volume share worldwide by type 2006-2011, Sparkling and mineral water dollar sales in U.S. c-stores 2021, by brand, Sparkling and mineral water unit sales in U.S. c-stores 2021, by brand, Sparkling water retail sales value in South Korea 2012-2016, Sparkling water sales in convenience stores in South Korea 2014-2016, Top bottled water brand market share in China 2018, Bottled water retail sales growth in China 2014-2019, Retail sales value of sparkling unflavored bottled water in China 2011-2019, Sparkling water sales in independent grocers in South Korea 2014-2016, Per capita consumption of flavored water in the U.S. 2010-2022, Bottled water market in the United States, Non-alcoholic beverages and soft drinks in the United States, Find your information in our database containing over 20,000 reports, Perrier was ranked as the fifth leading bottled sparkling water brand, per capita consumption of bottled water in the United States. The ideal entry-level account for individual users. You can also contact MarketWatch Customer Service via our Customer Center. Availability of Substitutes Including Energy and Sports Drinks to Hamper Market Growth. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. 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. Sparkling Water Market Size, Share and Trends Analysis Report Sparkling Ice held 17.2% of the total sparkling water market share in the US in 2021. For instance, PepsiCo Inc. is launching a new drink that is intended to help consumers relax before bed, called Driftwell. liability for the information given being complete or correct. https://www.fortunebusinessinsights.com/industry-reports/functional-water-market-100279, Balance Water Company LLC. The wide availability of substitutes like plant-based waters, which provide the same health benefits as functional ingredients enriched water, is anticipated to hamper the growth of this market. U.S. bottled water market - statistics & facts | Statista 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. This factor mainly promotes the growth of this segment. 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. Sparkling Water Market Share & Trends Report, 2021-2028 Very satisfied with the overall report as it has helped me to build strategies for my business, This is regarding the recent report I bought from Fortune Business insights. It's also known as seltzer. 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. Currently, you are using a shared account. The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. Business Solutions including all features. What are the factors driving the sparkling water market. This text provides general information. The report covered all the points and was very detailed. 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. North America Functional Water Market Size, 2020 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. 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