sparkling water market share sparkling water market share

In Asian region, Thailand, Malaysia, Sri Lanka, and the Philippines have introduced a sugar-sweetened beverage (SSB) tax in the past two years, while several other countries, including Vietnam, Australia, New Zealand, and Singapore, have also introduced a sugar-sweetened beverage. 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. This graph presents the market share of the leading bottled sparkling water brands in the United States in 2020. In addition to eating correctly, consumers are increasingly aware of the importance of drinking correctly. The growing demand for natural and healthy water among consumers is driving the segment. "Market Share of The Leading Seltzer, Bottled Sparkling/Mineral Water Brands in The United States in 2021, Based on Sales. To use individual functions (e.g., mark statistics as favourites, set HAVE A QUESTION? Benefits such as improved intake, better digestion, and enhanced bone and heart health are influencing consumers to drink sparkling water. 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. Whats our next move? [Online]. 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. 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. mesurer votre utilisation de nos sites et applications. The global sparkling water market size is expected to reach USD 76.95 billion by 2028 and is expected to expand at a CAGR of 12.6% with the natural/mineral segment holding the largest share of . 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. 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) Feb 23, 2023 (The Expresswire) -- Which region dominated the sparkling water market? 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. This is foreseen to bode well for the regional market in the coming years. 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. 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. 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 led the global sparkling water market and held the largest share of over 35.0% in 2020. b. Mandarin Orange Cream Popsicles Pureed mandarins, creamy greek yogurt and . Regional Movement Analysis & Market Share, 2020 & 2028, 8.1. This product is a market research report. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. They have additional health benefits, and these benefits can range from increased energy to hydration and probiotic energy. Thank you!, I recommend Fortune Business Insights for their honesty and flexibility. 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. North America Functional Water Market Size, 2020 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. Chart. As a Premium user you get access to background information and details about the release of this statistic. Global Sparkling Water Market Report (119 Pages) offers unique and essential statistics, data, information, trends, and competitive landscape details for this specific industry sector. Nonetheless, the utilization of novel ingredients is gaining traction. You can also contact MarketWatch Customer Service via our Customer Center. (July 16, 2021). 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. Report Coverage & Deliverables PDF report & online dashboard will help you understand: Competitive benchmarking Historical data & forecasts 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. The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the . 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. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and . They have also talked about the growth opportunities that the segment may pose in the future. 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. 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 global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the pandemic. Copyright 2023 MarketWatch, Inc. All rights reserved. You only have access to basic statistics. Functional ingredients enriched with water is a delicious solution for those who are trying to achieve a healthy level of hydration but have trouble meeting the daily recommended amount of water. At what CAGR is the functional water market projected to grow in the forecast period (2021-2028)? The micronutrient is expected to be the leading segment based on ingredient in the global market during the forecast period. By product, the natural/mineral segment held the largest share of more than 60.0% in 2020. This acquisition has widened Keurig Dr Peppers water portfolio and through this acquisition, the company entered the caffeinated sparkling water market. It's positioning as the quintessential health drink continues to resonate with consumers. This product is a market research report. By continuing to visit this site you agree to our use of cookies . You need at least a Starter Account to use this feature. Manufacturers are launching products with claims that go beyond vitamin-enhanced hydration, capitalizing on the popularity of fortified waters. Innovative Product Development Efforts by Manufacturers to Drive Market Growth. An Infographic Representation of Functional Water Market, To get information on various segments, share your queries with us. The sparkling water market competitive landscape provides details by competitor. 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. 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. Bottled Water in Denmark (2019) - Market Sizes. The others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. The data offered to us was exactly what we were looking for. functional beverages and bottled water both of these sectors exhibit strong dominance of key global brands intensely seeking the consolidation of the overall market. Report moreover done a pastel evaluation within the business enterprise to study key influencers and boundaries to entry. Which is the key factor driving the market? under its LaCroix brand. 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. Consumers are increasingly seeking fortified food and drink products for certain functional benefits such as energy, relaxation, mental focus, and health support. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. This text provides general information. As consumers are seeking sparkling water with added benefits, manufacturers are trying to launch new variants of the product with caffeine in it. We value your investment and offer free customization with every report to fulfil your exact research needs. Chapter 9: Analysis of sales channel, distributors and customers. 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. Health Benefits of Product to Drive Sales during COVID-19 Pandemic. Each license type allows a set number of users to access the report. 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. See for yourself. Free upgrade to enterprise license (allows to share across all company locations), 5. "The quality of research they have done for us has been excellent.". Show publisher information The Global Sparkling Water Market is estimated to be worth $76.95 billion by 2028. As a result, manufacturers are incorporating a plethora of herbs and spices in the drinks because of their inherent health benefits. The shift in consumers shopping behavior is one of the major factors driving sales through the online channel. We earn $400,000 and spend beyond our means. Danone S.A., The Coca-Cola Company, PepsiCo Inc., and Nestle S.A. are some of the top players in the market. The rising consumer interest in health and wellness has put a spotlight on functional nutrition. Sparkling Water Market - Competitive and Segmentation Analysis: This Sparkling Water Market report offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2017-2023. Sparkling Water market was valued at USD 49582.82 million in 2022 and reaching USD 91059.83 million by 2028.. Measure the growth data collected through surveys, focus groups, secondary sources or other methods. As per U.S. Food and Drug Administration (FDA), Sparkling mineral water is . Flavored sparkling water costs around US$ 1.72 and normal or unflavoured costs around US$ 0.70, which has positively impacted the demand of the plain market. The global sparkling water market is projected to grow at a CAGR of 12. . For instance, PepsiCo Inc. is launching a new drink that is intended to help consumers relax before bed, called Driftwell. 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. 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. 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. Which is the leading segment based on ingredient in the functional water market? Regional market sizes, concerning products by types, by application, and by players, are also provided. 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. That is why different water brands have different tastes as per their bottling sources. Europe is the second-largest market for functional ingredients enriched water. This report segments the global Sparkling Water market comprehensively. The caffeinated segment is projected to register the fastest CAGR of 12.6% from 2021 to 2028. Please create an employee account to be able to mark statistics as favorites. 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. This is a 1-5 user license, allowing up to five users have access to the product. Copyright 2023 MarketWatch, Inc. All rights reserved. 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 report will incorporate these insights. Beverage Industry Magazine. Copyright 2023 Grand View Research, Inc. 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 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. 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. Proliferating Demand for Fortified Beverage to Support Market Growth. Apart from business strategies, the study includes current developments and key financials. However, with more relaxations on rules, the market for the aforementioned functional ingredients added water has started gaining traction again. It looks quite comprehensive and the data is exactly what I was looking for. Their social media handles are filled with images of athletes (runners, swimmers, skaters, tennis players), and their cans feature striking and elegant animal prints. 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. This is due to the dominance of plain or unflavoured sparkling water due to its lower price range. Based on distribution channel, the market is categorized into supermarkets/hypermarkets, convenience stores, online retail, and others. The various benefits that sparkling water is providing include helping to stay hydrated longer, reduce weight, maintain blood pressure, and others. Consumer health and improved brand awareness have led to an increase in demand for premium bottled water. 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. These drinks are a good substitute for coffee drinks, sweetened teas, and conventional energy drinks. 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. Sparkling Bottled Water Market Growth and Forecast (2022-2027): According to the research report, the global sparkling bottled water market is expected to experience healthy growth rate in the near future. The report was very accurate and as per my requirements. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. In this article, we'll dive into the latest consumer trends and insights, as well as highlight the top companies in the industry. The ideal entry-level account for individual users. 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. Some of the prominent players reviewed in the research report include: Get Sample Copy of Sparkling Water Market Report. 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. Request a Free sample to learn more about this report. The report provides qualitative and quantitative insights on the functional water industry and detailed analysis on the market size & growth rate for all possible segments in the market. online dashboard trial. Total U.S. sales through supermarkets, drug stores, gas and convenience stores, mass merchandisers, military commissaries and select club and dollar retail chains for the 52 weeks ended May 16, 2021. 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. This market covers all packaged still, sparkling and flavoured water. This factor mainly promotes the growth of this segment. Micronutrient Segment to Dominate due to Growing Consumer Inclination towards Natural Ingredients. The report also includes company description, major business, Sparkling Water product introduction, recent developments and Sparkling Water sales by region, type, application and by sales channel. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Various studies suggested that sparkling water is not as harmful as sodas for dental and bone health. 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. The list of the top five brands is rounded by La Croix, Bubly, and Perrier, which held respective 13.2%, 8.5%, and 7% of the sparkling water . Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Addition or alteration to country, regional & segment scope. North America held the largest share of over 35.0% in 2020. Clicking on the following button will update the content below. The increase in demand for flavored bubbly and fizzy hydration products is projected to drive the segment growth. Sparkling water market - Key market driver analysis. Proliferating demand for fortified beverage is a key factor that drives the markets growth. Availability of Substitutes Including Energy and Sports Drinks to Hamper Market Growth. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. 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 growing demand for natural and healthy water among consumers is driving the growth of this market. liability for the information given being complete or correct. 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. Then you can access your favorite statistics via the star in the header. For more details, please read our privacy policy. Jon Stewart to GOP state senator: You dont give a flying f about gun violence. 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. Which distribution channel is expected to dominate the global market? The global market should be understood from its parent/related markets viz. Feb 09, 2023 (The Expresswire) -- This report can help to understand the relevant market and consumer trends that are driving the Sparkling Water market. Competitive Landscape and Sparkling Water Market Share Analysis. Access to this and all other statistics on 80,000 topics from, Show sources information Due to varying update cycles, statistics can display more up-to-date 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. This is a very good piece of work and will be very helpful to us going forward. 5.1. 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 value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! Flavoured Sparkling Water Unflavoured Sparkling Water . Moreover, the bundling strategy and economical pricing are responsible for higher sales of functional ingredients added water among supermarkets. 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. "Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales." Currently, you are using a shared account. 1. Sparkling water is one of the fastest . 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. 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. At the same time, regulations are being put in place across Asia Pacific to reduce the amount of sugar in beverages. (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. Supermarket/Hypermarkets is expected to be the leading distribution channel for the sales of the product. This statistic is not included in your account. This will assist the users to be attentive and make informed decisions related to business. The MarketWatch News Department was not involved in the creation of this content. Europe accounted for a significant share in 2020. 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. 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 largest sparkling water brand in the world is San Pellegrino, with $901 million in sales and a market share of 4.9%. Business Solutions including all features. North America leads the global sparkling water market share, at 35%. Contact the source provider Comtex at editorial@comtex.com. 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. Chapter 4: Consumption of Sparkling Water in regional level and country level. The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. To Understand How Covid-19 Impact Is Covered in This Report - https://marketresearchguru.com/enquiry/request-covid19/17205643. 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. Looking forward to work together in the future, It has been a delightful experience working with you guys. However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. b. b. 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. The Global Sparkling Water Market was estimated to be valued at $29.71 billion in 2020. 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. To analyze the Sugar-Free Sparkling Water with respect to individual growth trends, future prospects, and their contribution to the total market. We know where we will be getting business intelligence from in the future., Thank you for sending the market report and data. Key players of bottled water are launching sparkling water to gain maximum market share. Sparkling Water Market Size, Share and Trends Analysis Report 2023-2030. 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. to incorporate the statistic into your presentation at any time. The functional ingredients added water market is experiencing a strong emergence of small private-label brands embarking on offering enhanced convenience and value-for-money. The online distribution channel is expected to register the fastest growth rate of 13.3% from 2021 to 2028. 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. Statista assumes no 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 MarketWatch News Department was not involved in the creation of this content.