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. Various studies suggested that sparkling water is not as harmful as sodas for dental and bone health. 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 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. To analyze the Sugar-Free Sparkling Water with respect to individual growth trends, future prospects, and their contribution to the total market. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Thus, the demand for drinks featuring these ingredients has grown and is expected to grow in the future. How much is the global functional water market worth? The largest sparkling water brand in the world is San Pellegrino, with $901 million in sales and a market share of 4.9%. Portfolio expansion, i.e., new product development, remains one of the most preferred strategies by key market players worldwide. grapefruit, lemon, lime, coconut and sparkling water. North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region. Market size is based on retail (off trade) and non-retail (on trade) sales. We value your investment and offer free customization with every report to fulfil your exact research needs. The shift in consumers shopping behavior is one of the major factors driving sales through the online channel. Please create an employee account to be able to mark statistics as favorites. Competitive Landscape and Sparkling Water Market Share Analysis. North America Functional Water Market Size, 2020 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. Which distribution channel is expected to dominate the global market? Use Ask Statista Research Service. This website is secure and your personal details are safe. Statista. dvelopper et amliorer nos produits et services. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. This will assist the users to be attentive and make informed decisions related to business. Distribution Channel Movement Analysis & Market Share, 2020 & 2028, 7.1. "Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales." The product is a PDF. 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. 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. In, Beverage Industry Magazine. During the initial months of the Covid-19 pandemic, a majority of public places and offices were shut, which led to a significant drop in the commercial demand for sparkling water. The MarketWatch News Department was not involved in the creation of this content. Chapter 11: Production and supply forecast, global and regional, Chapter 12: Consumption and demand forecast, global and regional. In this article, we'll dive into the latest consumer trends and insights, as well as highlight the top companies in the industry. Chapter 13: Forecast by type and by application. The data offered to us was exactly what we were looking for. For instance, in May 2019, National Beverage Corp. launched a new flavor, Hi-Biscus! Visit a quote page and your recently viewed tickers will be displayed here. For the purpose of this study, Grand View Research has segmented the global sparkling water market report on the basis of product, distribution channel, and region: Product Outlook (Revenue, USD Million, 2016 - 2028), Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028), Regional Outlook (Revenue, USD Million, 2016 - 2028). Understanding the segments helps in identifying the importance of different factors that aid the market growth. 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. In addition to eating correctly, consumers are increasingly aware of the importance of drinking correctly. 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. We know where we will be getting business intelligence from in the future., Thank you for sending the market report and data. The sparkling bottled water market in the United States is. This is due to the dominance of plain or unflavoured sparkling water due to its lower price range. 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. The sparkling bottled water market in the United States is dominant, accounting for 12% of total North American sales. Our support available to help you 24 hours a day, five days a week. Which is the key factor driving the market? Access to this and all other statistics on 80,000 topics from, Show sources information Report moreover done a pastel evaluation within the business enterprise to study key influencers and boundaries to entry. Furthermore, the product has a number of advantages; for instance, it helps improve digestion and may help relieve constipation. What are the factors driving the sparkling water market. There has been a rapid evolution in hydrating experience water ensuring sleep quality and water for the body-detox are some of the interesting innovations in this category. 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. The emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. 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. These advertisements highlight the quality and hydration benefits of the product, and also emphasize taste and convenience. The various benefits that sparkling water is providing include helping to stay hydrated longer, reduce weight, maintain blood pressure, and others. An Infographic Representation of Functional Water Market, To get information on various segments, share your queries with us. 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. (July 16, 2021). 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. Based on our analysis, the market exhibited a growth of 8.33% in 2020 than the average year-on-year growth during 2017-2019. Looking forward to work together in the future, It has been a delightful experience working with you guys. 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 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. 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. Focuses on the key global Sugar-Free Sparkling Water players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. You can only download this statistic as a Premium user. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Key players are launching new products in the market in accordance with the demands of health-conscious consumers. Moreover, the bundling strategy and economical pricing are responsible for higher sales of functional ingredients added water among supermarkets. 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. 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. Contact the source provider Comtex at editorial@comtex.com. . North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. Which region dominated the sparkling water market? Please do not hesitate to contact me. Avail customized purchase options to meet your exact research needs. After COVID-19, consumers have become more anxious, and they have started giving priority to immune health. Proliferating Demand for Fortified Beverage to Support Market Growth. Functional ingredients added water continues on a solid growth trajectory and, in fact, grew rapidly in the first half of 2020. 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. Is there a problem with this press release? This is a single user license, allowing one user access to the product. 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. Europe accounted for a significant share in 2020. Copyright 2002-2023 Research and Markets. All rights reserved. Free upgrade to enterprise license (allows to share across all company locations), 5. Health Benefits of Product to Drive Sales during COVID-19 Pandemic. Is there a problem with this press release? 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 report was very accurate and as per my requirements. 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. 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. Sparkling Ice held 17.2% of the total sparkling water market share in the US in 2021. Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales [Graph]. Convenience stores are expected to witness greater traction in the foreseeable future owing to their penetration and personalized purchasing experiences. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. Mandarin Orange Cream Popsicles Pureed mandarins, creamy greek yogurt and . North America is expected to hold the highest market share. Copyright 2023 MarketWatch, Inc. All rights reserved. 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. 5.1. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. 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. 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. The report offers qualitative insights on the latest trends, business developments, demand patterns, and an overview of the regional market, including the current and projected CAGR (Compound Annual Growth Rate) status, and updates on leading manufacturers. 6. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. We earn $400,000 and spend beyond our means. This factor mainly promotes the growth of this segment. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. In Europe, there is a strong demand for sparkling water in several countries, such as Germany, the U.K., Italy, Spain, France, and the Netherlands, where the product is often served with meals in restaurants. 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. Which region is expected to hold the highest share in the market? Sparkling Water Market Size is anticipated to reach USD 77 Billion by 2030, registering a CAGR of 12.5% during 2022-2030. Key companies in the Global Sparkling Water Market include Talking Rain, Nestl, PepsiCo, Inc., Keurig Dr Pepper Inc., The Coca, Cola Company, SANPELLEGRINO S.P.A, Danone S.A. and RHODIUS Mineralquellen und Getrnke GmbH & Co. KG. The sparkling water market competitive landscape provides details by competitor. The rising consumer preference for healthy alternatives to soft drinks is the major factor driving the segment. Availability of Substitutes Including Energy and Sports Drinks to Hamper Market Growth. The hypermarket and supermarket and convenience stores together held a significant share in 2020. At the same time, regulations are being put in place across Asia Pacific to reduce the amount of sugar in beverages. 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. 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 study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. For instance, in January 2020, Keurig Dr Pepper Inc. acquired Limitless, a U.S.-based caffeinated sparkling water company. Get full access to all features within our Business Solutions. Olha will help you find what you are looking for. 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. This report segments the global Sparkling Water market comprehensively. The innovation in bottling (packaging) technology, coupled with a strengthening retail distribution scenario, further facilitates the market for functional ingredients enriched water. Sparkling water is one of the fastest . We are happy to help. $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 Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. Complimentary 10 hours free analyst time for market review, 3. Each license type allows a set number of users to access the report. Along with this, the report provides an elaborative analysis of the market dynamics and competitive landscape. 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. Please fill out the form below for a free PDF report sample & Due to varying update cycles, statistics can display more up-to-date You need at least a Starter Account to use this feature. As per U.S. Food and Drug Administration (FDA), Sparkling mineral water is . 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. In 2021, the global top five players had a share approximately % in terms of revenue. We never share your personal data. Consumer health and improved brand awareness have led to an increase in demand for premium bottled water. By continuing to visit this site you agree to our use of cookies . No purchase commitment. With 25.3 percent of market share, the private-label still water category dominates the water category, while market share in the seltzer/sparkling/mineral bottled waters category is more evenly distributed between private label (17.7 percent); Sparkling Ice (16 percent); and La Croix (12.6 percent), it reports. 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) 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. "Market Intelligence that Adds Flavour to Your Success", Region : Global | Format: PDF | Report ID: FBI100279. The enhanced waters are generally micronutrients-fortified, hence a dominating segment. This website uses cookies to ensure you get the best experience. statistic alerts) please log in with your personal account. HAVE A QUESTION? You need a Statista Account for unlimited access. Report Coverage & Deliverables PDF report & online dashboard will help you understand: Competitive benchmarking Historical data & forecasts High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. The others segment dominated the market and held a share of 36.4% in 2020.
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