Which distribution channel led the sparkling water market? By product, the natural/mineral segment held the largest share of more than 60.0% in 2020. Henceforth, functional ingredients added to water are quickly emerging as a distinct and recognizable category. Sparkling Water Market Size is anticipated to reach USD 77 Billion by 2030, registering a CAGR of 12.5% during 2022-2030. 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. Citrus-ly Good Recipes! | Sprouts Farmers Market For instance, in January 2020, Keurig Dr Pepper Inc. acquired Limitless, a U.S.-based caffeinated sparkling water company. 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. Chapter 5: Provides the analysis of various market segments according to product type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. Regional Movement Analysis & Market Share, 2020 & 2028, 8.1. It provides a quantitative analysis of the market size and development potential of each market segment in the next six years. If you are an admin, please authenticate by logging in again. Sparkling Water Market Report 2021: Market Size is Expected to be 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. Health Benefits of Product to Drive Sales during COVID-19 Pandemic. No purchase commitment. Drawing on insights from the IndexBox market report, we'll take a closer look at what's driving growth and innovation in . Sparkling Ice held 17.2% of the total sparkling water market share in the US in 2021. The caffeinated segment is projected to register the fastest CAGR of 12.6% from 2021 to 2028. 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. 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. 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. Please create an employee account to be able to mark statistics as favorites. 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. Functional beverages as a whole have robustly emerged as a preferred drink over soft drinks due to lower sugar content and lack of synthetic additives such as colors, flavors, and preservatives. You only have access to basic statistics. Sparkling water is generally just water infused with pressurized carbon dioxide. 2023 Sugar-Free Sparkling Water Market: Competitive Analysis of Major 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. 495.00. North America Functional Water Market Size, 2020 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. It will be easily available in North America starting December 2021. $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 Consumer trends are shifting towards impulsive purchases of food and beverages. The flavored variants are increasingly preferred owing to their taste, dizziness, and health benefits. The global sparkling water market is projected to grow at a CAGR of 12. . Key global players, recent developments & their impact on the industry, 1. All Rights Reserved. The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. 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. Chapter 11: Production and supply forecast, global and regional, Chapter 12: Consumption and demand forecast, global and regional. All rights reserved. This is a single user license, allowing one user access to the product. 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. In addition to these mentioned factors, it encompasses several other factors that have contributed to the market's growth in recent years. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. 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. Convenience stores are expected to witness greater traction in the foreseeable future owing to their penetration and personalized purchasing experiences. online dashboard trial. You need at least a Starter Account to use this feature. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. The various benefits that sparkling water is providing include helping to stay hydrated longer, reduce weight, maintain blood pressure, and others. Benefits such as improved intake, better digestion, and enhanced bone and heart health are influencing consumers to drink sparkling water. We use cookies to enhance your experience. We know where we will be getting business intelligence from in the future., Thank you for sending the market report and data. Moreover, the bundling strategy and economical pricing are responsible for higher sales of functional ingredients added water among supermarkets. The shift in consumers shopping behavior is one of the major factors driving sales through the online channel. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. The growing demand for natural and healthy water among consumers is driving the growth of this market. Proliferating Demand for Fortified Beverage to Support Market Growth. Contact the source provider Comtex at editorial@comtex.com. Its capability to help decrease the intake of sugar upsurges the consumption of the product as it helps to prevent consumers against diabetes. View Recipe. Looking forward to work together in the future, It has been a delightful experience working with you guys. The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. Flavored Water Market Size & Share Report, 2021-2028 - Grand View Research 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. It is available in many flavors and is devoid of sugar content and many other additives, unlike soda water. This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2016 to 2028. Thus, the consumer demand for natural and subtle flavors drinks is expected to drive the functional ingredients enriched water market in this region. What are the factors driving the sparkling water market. Some of the prominent players reviewed in the research report include: Get Sample Copy of Sparkling Water Market Report. 2021 State of the Beverage Industry: Bottled water bubbling over with Global Sparkling Water Market Report 2021: Natural/Mineral 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. Whats our next move? Report moreover done a pastel evaluation within the business enterprise to study key influencers and boundaries to entry. 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 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. Whats our next move? This is foreseen to bode well for the regional market in the coming years. 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. Complimentary 10 hours free analyst time for market review, 3. Please select an option from the list below. According to the International Bottled Water Association (IBWA), bottled water businesses have boosted their production capacity to cater to this surge in demand, which, in turn, has benefitted the market. Supermarket/Hypermarkets is expected to be the leading distribution channel for the sales of the product. 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. Key players are launching new products in the market in accordance with the demands of health-conscious consumers. Danone S.A., The Coca-Cola Company, PepsiCo Inc., and Nestle S.A. are some of the top players in the market. From the rise of premium and functional waters to the growing demand for sustainable packaging, the bottled water market is constantly evolving. 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. This will assist the users to be attentive and make informed decisions related to business. Sparkling Water Market size is expected to reach US$ 82.81 Bn by 2029, at a CAGR of 12% during the forecast period. "Market Share of The Leading Seltzer, Bottled Sparkling/Mineral Water Brands in The United States in 2021, Based on Sales. 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. Regional and Private Label Brands Eye Expansions to Penetrate New Markets. Functional ingredients enriched water sales are thus benefiting from the overarching consumer trend to better-for-your alternatives such as unnatural and high-sugar drinks. Thus, the demand for drinks featuring these ingredients has grown and is expected to grow in the future. The report covered all the points and was very detailed. The emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. DUBLIN--(BUSINESS WIRE)--The "Sparkling Water Market Size, Share & Trends Analysis Report by Product, by Distribution Channel, by Region, and Segment Forecasts, 2021-2028" report has been added to . Which region dominated the sparkling water market? This is due to the dominance of plain or unflavoured sparkling water due to its lower price range. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. This is a 1-5 user license, allowing up to five users have access to the product. Chapter 13: Forecast by type and by application. 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. However, with more relaxations on rules, the market for the aforementioned functional ingredients added water has started gaining traction again. Free upgrade to enterprise license (allows to share across all company locations), 5. 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. Bottled Water in China (2023) - Market Sizes - Market size data Global markets are presented by Sparkling Water type, along with growth forecasts through 2028. 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. 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. 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 rising consumer preference for healthy alternatives to soft drinks is the major factor driving the segment. Moreover, the easy availability of this product across distribution channels is anticipated to boost the growth of this segment. Get a sample PDF of the report at - https://www.marketresearchguru.com/enquiry/request-sample/17205643. This factor mainly promotes the growth of this segment. Show publisher information They have additional health benefits, and these benefits can range from increased energy to hydration and probiotic energy. Sparkling Water Market Size, Share, Growth, Industry Forecast till 20 Accessed March 04, 2023. https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/, Beverage Industry Magazine. For instance, a Swedish company, Vitamin Well, is asking brand ambassadors to reinforce its motto: "rich in function, low in calories." 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. After COVID-19, consumers have become more anxious, and they have started giving priority to immune health. We earn $400,000 and spend beyond our means. We never share your personal data. 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. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. 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 $22.97 billion in 2028 at a CAGR of 7.55% in forecast period, 2021-2028, 2020 Fortune Business Insights . I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive, Please pass on our sincere thanks to the whole team at Fortune Business Insights. Consumer health and improved brand awareness have led to an increase in demand for premium bottled water. liability for the information given being complete or correct. Price still remains the major factor influencing the purchasing patterns of all the functional beverages, including enhanced water; however, brands justifying their premium offerings with the host of label claims are expected to fetch higher sales margins. Flavored sparkling water costs around US$ 1.72 and normal or unflavoured costs around US$ 0.70, which has positively impacted the demand of the plain market. b. 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. Based on ingredient analysis, the market is divided into micronutrient, botanical extract, and others. The demand for a product with performance enhancement, cognitive enhancement, immune boosting, and other properties is increasing, which is a positive factor for the market. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. The innovation in bottling (packaging) technology, coupled with a strengthening retail distribution scenario, further facilitates the market for functional ingredients enriched water. Visit a quote page and your recently viewed tickers will be displayed here. Key players of bottled water are launching sparkling water to gain maximum market share. Hence, several consumers consider carbonated water as a healthier alternative to soda and sugary carbonated drinks. Global Sparkling Water Market: Segment Analysis The research report includes specific segments by region (country), by company, by Type and by Application. 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. Sparkling Water Market Size, Share & Trends Analysis Report By Product Global Bottled Water Market Size, Share & Trends Analysis Sparkling Water Market 2023 Size, Share, Top Players Resorch report This product is a market research report. 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. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. Sparkling Water Market Size & Share: Industry Report, 2022 - 2027 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. Chapter 9: Analysis of sales channel, distributors and customers. These launches are increasing product visibility in the market and are anticipated to boost the market growth over the forecast period. functional beverages and bottled water both of these sectors exhibit strong dominance of key global brands intensely seeking the consolidation of the overall market. With this information, the ones in rate might be capable of create new techniques, which consciousness available in the marketplace possibilities in order to advantage them, making their commercial enterprise efforts profitable with inside the process. Thank you!, I recommend Fortune Business Insights for their honesty and flexibility. Which distribution channel is expected to dominate the global market? North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region. Copyright 2023 MarketWatch, Inc. All rights reserved. Sparkling Water Market - Global Industry Analysis and Forecast | 2029 The enhanced waters are generally micronutrients-fortified, hence a dominating segment. The Black Razzberry, Beach Plum, and Guava Sao Paulo are zero-sugar, zero-calorie sparkling waters which feature natural essences. Changing Eating Patterns and Increased Focus on Health. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. 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. To Understand How Covid-19 Impact Is Covered in This Report - https://marketresearchguru.com/enquiry/request-covid19/17205643. People are better able to buy bulk food and other groceries in supermarkets. Which is the key factor driving the market? Key Findings of the World Bottled Water Market Report 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. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Beverage Industry Magazine. The sparkling bottled water market in the United States is. Sparkling Bottled Water Market is Predicted to Register a CAGR of 7.5% 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. Remarkable job and great efforts by your research team. 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. [Online]. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and . B1U has launched a series of functional infused water with no sugar or artificial sweeteners. In, Beverage Industry Magazine. The others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. Product Movement Analysis & Market Share, 2020 & 2028, 6.1. That is why different water brands have different tastes as per their bottling sources. Sparkling water is one of the fastest . Copyright 2023 MarketWatch, Inc. All rights reserved. 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. 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. Sparkling Water Market Size, Share, Analysis, Demand The market is likely to experience moderate growth to record a CAGR of 3.2% throughout the forecast period 2022 - 2027. Manufacturers are launching products with claims that go beyond vitamin-enhanced hydration, capitalizing on the popularity of fortified waters. 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. North America is expected to hold the highest market share. The product is a PDF. The market is segmented by ingredient, distribution channel, and region. North America leads the global sparkling water market share, at 35%. Learn more about how Statista can support your business. "Market Intelligence that Adds Flavour to Your Success", Region : Global | Format: PDF | Report ID: FBI100279. grapefruit, lemon, lime, coconut and sparkling water. 6. Europe is the second-largest market for functional ingredients enriched water. In 2021, the global top five players had a share approximately % in terms of revenue. statistic alerts) please log in with your personal account. Evolving dietary consumption pattern is a key market trend. Caffeinated sparkling water is calorie- and sugar-free but contains added caffeine to boost energy levels. Specialists have also laid their focus on the upcoming business prospects. This can be seen in the rising demand for beverages that contain ingredients with health and wellness value. However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. Report Coverage & Deliverables PDF report & online dashboard will help you understand: Competitive benchmarking Historical data & forecasts Based on distribution channel, the market is categorized into supermarkets/hypermarkets, convenience stores, online retail, and others. (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.
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