sparkling water market share
How much is the global functional water market worth? The sparkling water market is expected to grow from US$ 23,271.30 million in 2021 to US$ 55,298.58 million by 2028; it is estimated to grow at a CAGR of 11.7% from 2021 to 2028. 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 global functional water market size was USD 12.86 billion in 2020. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. From the rise of premium and functional waters to the growing demand for sustainable packaging, the bottled water market is constantly evolving. 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. You need a Statista Account for unlimited access. 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. 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. Discounted price for multiple reports across domains, 2. The sparkling water market competitive landscape provides details by competitor. 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. The fortified water drink contains 200 mg of L-theanine and 10% of the daily value of magnesium. This report segments the global Sparkling Water market comprehensively. This is due to its added nutrients compared to spring water and the fact that mineral water is less processed than sparkling . Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Access to this and all other statistics on 80,000 topics from, Show sources information The product is a PDF. 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. 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. Which distribution channel led the sparkling water market? Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. 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. People also appreciate the artistic and easy-to-see bottle designs, along with attractive labels and stylish bottle shapes that set them apart from the usual water bottles they are used to seeing. 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 market is likely to experience moderate growth to record a CAGR of 3.2% throughout the forecast period 2022 - 2027. Moreover, the easy availability of this product across distribution channels is anticipated to boost the growth of this segment. This website is secure and your personal details are safe. 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 online distribution channel is expected to register the fastest CAGR of 13.3% from 2021 to 2028. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. Contact the source provider Comtex at editorial@comtex.com. 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. The emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. The MarketWatch News Department was not involved in the creation of this content. 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. Key global players, recent developments & their impact on the industry, 1. 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. Market Overview: This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. 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. Choose reports from a database of more than 10,000 reports. It's positioning as the quintessential health drink continues to resonate with consumers. Sparkling water market - Key market driver analysis. By product, the natural/mineral segment held the largest share of more than 60.0% in 2020. This website uses cookies to ensure you get the best experience. 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. 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 various benefits that sparkling water is providing include helping to stay hydrated longer, reduce weight, maintain blood pressure, and others. Revenue of the cosmetic & beauty industry in the U.S. 2002-2022, Value of the leading global textile exporters in 2021, by country, Vegetable oils: global consumption 2013/14 to 2022/23, by oil type, Cocoa bean production worldwide 2019/20-2021/22, by country, World coffee per capita consumption: major consumer countries 2015, Cosmetics Industry in the U.S. - statistics & facts, Profit from additional features with an Employee Account. Which is the leading segment based on ingredient in the functional water market? Proliferating Demand for Fortified Beverage to Support Market Growth. Chapter 11: Production and supply forecast, global and regional, Chapter 12: Consumption and demand forecast, global and regional. These drinks are a good substitute for coffee drinks, sweetened teas, and conventional energy drinks. Based on ingredient analysis, the market is divided into micronutrient, botanical extract, and others. What is the sparkling water market growth? 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. See for yourself. Together with the optimistic revenue projections. Sparkling Water Market Size is anticipated to reach USD 77 Billion by 2030, registering a CAGR of 12.5% during 2022-2030. As consumers are seeking sparkling water with added benefits, manufacturers are trying to launch new variants of the product with caffeine in it. The global Sparkling Water market is expected to grow significantly by 2027 expanding at a reasonable CAGR of around 11% during the forecast period (2021-2027). This new sparkling beverage has no carbohydrates, sweeteners, or sodium, and has a unique flavor of the hibiscus flower. 495.00. Who are the key players in the sparkling water market? The data offered to us was exactly what we were looking for. Regional Movement Analysis & Market Share, 2020 & 2028, 8.1. 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. 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 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. It provides a quantitative analysis of the market size and development potential of each region in the next six years. 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. 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. This product is a market research report. This is an enterprise license, allowing all employees within your organization access to the product. Manufacturers are launching products with claims that go beyond vitamin-enhanced hydration, capitalizing on the popularity of fortified waters. 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. Use Ask Statista Research Service. 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. The increase in demand for flavored bubbly and fizzy hydration products is projected to drive the segment growth. 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. 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 most important key figures provide you with a compact summary of the topic of "Bottled water market in the United States" and take you straight to the corresponding statistics. The 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. The largest sparkling water brand in the world is San Pellegrino, with $901 million in sales and a market share of 4.9%. People are better able to buy bulk food and other groceries in supermarkets. Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales [Graph]. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. 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. The micronutrient is expected to be the leading segment based on ingredient in the global market during the forecast period. 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. North America held the largest share of over 35.0% in 2020. Thank you!, I recommend Fortune Business Insights for their honesty and flexibility. Contact the source provider Comtex at editorial@comtex.com. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. Which is the key factor driving the market? 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. By Application (, Hypermarkets and supermarkets, On-trade, Independent retailers, Convenience stores, Others), Many companies have established official economic ties with the organization, and individual advisors from all over the world have joined forces with it. 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. 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. 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. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. You need at least a Starter Account to use this feature. Flavoured Sparkling Water Unflavoured Sparkling Water . Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. For the 52 weeks ended May 17, 2020, private labels held a market share. For instance, in February 2021, PepsiCo, Inc. introduced five new caffeinated sparkling water flavors, namely mango passion fruit, blood orange grapefruit, triple berry, blueberry pomegranate, and citrus cherry flavors, under its bubbly brand. Availability of Substitutes Including Energy and Sports Drinks to Hamper Market Growth. 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. However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. (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. Consumer health and improved brand awareness have led to an increase in demand for premium bottled water. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. For instance, in January 2020, Keurig Dr Pepper Inc. acquired Limitless, a U.S.-based caffeinated sparkling water company. They have also talked about the growth opportunities that the segment may pose in the future. Which product segment accounted for the largest sparkling water market share? The others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. 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 Global Sparkling Water Market is estimated to be worth $76.95 billion by 2028. This is a single user license, allowing one user access to the product. Sparkling Ice held 17.2% of the total sparkling water market share in the US in 2021. Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. Beverage Industry Magazine. High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Then you can access your favorite statistics via the star in the header. 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 market covers all packaged still, sparkling and flavoured water. The hypermarket and supermarket and convenience stores together held a significant share in 2020. Mandarin Orange Cream Popsicles Pureed mandarins, creamy greek yogurt and . Natural/mineral sparkling water held the largest share of more than 60.0% in 2020. Free business intelligence platform with subscription, 4. Short Summery About Sparkling Water Market: The global Sparkling Water market size was valued at USD 49582.82 million in 2022 and is expected to expand at a CAGR of 10.66 Persent during the forecast period, reaching USD 91059.83 million by 2028.The sparkling water is a form of non-Alcohlic beverage available as carbonated water. Chapter 4: Consumption of Sparkling Water in regional level and country level. Im 66, we have more than $2 million, I just want to golf can I retire. Copyright 2023 Grand View Research, Inc. All rights reserved. [Online]. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Portfolio expansion, i.e., new product development, remains one of the most preferred strategies by key market players worldwide. These advertisements highlight the quality and hydration benefits of the product, and also emphasize taste and convenience. This graph presents the market share of the leading bottled sparkling water brands in the United States in 2020. 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. Show publisher information Statista assumes no 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. Chapter 14: The main points and conclusions of the 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. Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. Key players are launching new products in the market in accordance with the demands of health-conscious consumers. 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. Please select an option from the list below. The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. These launches are increasing product visibility in the market and are anticipated to boost the market growth over the forecast period. Consumers are increasingly seeking fortified food and drink products for certain functional benefits such as energy, relaxation, mental focus, and health support. Are you interested in testing our business solutions? They have additional health benefits, and these benefits can range from increased energy to hydration and probiotic energy. The report was very accurate and as per my requirements. 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. online dashboard trial. For more details, please read our privacy policy. Global Sparkling Water Market: Segment Analysis The research report includes specific segments by region (country), by company, by Type and by Application. Based on distribution channel, the market is categorized into supermarkets/hypermarkets, convenience stores, online retail, and others. Product Movement Analysis & Market Share, 2020 & 2028, 6.1. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and . As a Premium user you get access to the detailed source references and background information about this statistic. 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. Hypermarkets and Supermarkets Independent Retailers Convenience Stores Online Retailers , Inquire or Share Your Questions If Any Before the Purchasing This Report - https://www.marketresearchguru.com/enquiry/pre-order-enquiry/17205643. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Global bottled water consumption 2007-2017, New Zealand: market share of soft drinks 2019, by category, Market share of leading bottled water companies worldwide 2015, Volume of bottled water sold in the U.S. 2010-2021, Per capita consumption of bottled water in the U.S. 1999-2021, Volume growth of bottled water in the U.S. 2007-2020, Sales volume of bottled water in the United States from 2010 to 2021 (in billion gallons), Sales volume growth of bottled water in the United States from 2007/08 to 2019/20, Leading vendors of bottled water in the U.S. 2020, based on sales, Leading vendors of bottled water in the United States in 2020, based on sales (in million U.S. dollars), Per capita consumption of bottled water in the United States from 1999 to 2021 (in gallons), Trade value of water exported from the United States from 2016 to 2020 (in million U.S. dollars), Trade volume of water exported from the United States from 2016 to 2020 (in 1,000 liters), Trade value of water imported to the United States from 2016 to 2020 (in million U.S. dollars), Trade volume of water imported to the United States from 2016 to 2019 (in million liters), Volume of U.S. water imports 2020, by country, Trade volume of water imported to the United States in 2020, by leading country (in million liters), Value of U.S. water imports 2020, by country, Trade value of water imported to the United States in 2020, by leading country (in million U.S. dollars), Value of U.S. water exports 2020, by country, Trade value of water exported from the United States in 2020, by leading country (in million U.S. dollars), Volume of U.S. water exports 2020, by country, Trade volume of water exported from the United States in 2020, by leading country (in million liters), Sales of the leading bottled still water brands in the U.S. 2022, Sales of the leading bottled still water brands in the United States in 2022 (in million U.S. dollars), Key brands' market share of bottled still water in the U.S. 2022, Market share of the leading bottled still water brands in the United States in 2022, based on sales, Sales of the leading bottled sparkling water brands in the U.S. 2021, Sales of the leading seltzer, bottled sparkling/mineral water brands of the United States in 2021 (in million U.S. dollars), Key brands' market share of bottled sparkling water in the U.S. 2021, Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales, Dollar sales growth of sparkling water in the U.S. 2021, by brand, Sales value growth of sparkling water in the United States in 2021, by brand.
sparkling water market share