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The shift in consumers shopping behavior is one of the major factors driving sales through the online channel. See for yourself. Sparkling Water Market2023 | with CAGR 10.66 Persent stands refers to the average rate at which an investment or market grows over a specified period. This product is a market research report. 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 . Chapter 11: Production and supply forecast, global and regional, Chapter 12: Consumption and demand forecast, global and regional. Our support available to help you 24 hours a day, five days a week. Furthermore, over the past few years, an increase in the number of commercial advertisements for bottled water has been playing an important role in boosting brand visibility. 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. 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. At what CAGR is the functional water market projected to grow in the forecast period (2021-2028)? Visit a quote page and your recently viewed tickers will be displayed here. Portfolio expansion, i.e., new product development, remains one of the most preferred strategies by key market players worldwide. 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. Market Overview: Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales [Graph]. Chart. Sparkling Water Market Size, Share & Trends Analysis Report By Product (Natural/Mineral, Caffeinated), By Distribution Channel (Hypermarket & Supermarket, Online), By Region, And Segment Forecasts . Manufacturers are launching products with claims that go beyond vitamin-enhanced hydration, capitalizing on the popularity of fortified waters. B1U has launched a series of functional infused water with no sugar or artificial sweeteners. Visit a quote page and your recently viewed tickers will be displayed here. Proliferating Demand for Fortified Beverage to Support Market Growth. Chapter 4: Consumption of Sparkling Water in regional level and country level. "Market Intelligence that Adds Flavour to Your Success", Region : Global | Format: PDF | Report ID: FBI100279. 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. In addition to eating correctly, consumers are increasingly aware of the importance of drinking correctly. Based on our analysis, the market exhibited a growth of 8.33% in 2020 than the average year-on-year growth during 2017-2019. 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. Consumer health and improved brand awareness have led to an increase in demand for premium bottled water. Product Movement Analysis & Market Share, 2020 & 2028, 6.1. Caffeinated sparkling water is calorie- and sugar-free but contains added caffeine to boost energy levels. 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. mesurer votre utilisation de nos sites et applications. 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. The increase in demand for flavored bubbly and fizzy hydration products is projected to drive the segment growth. 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 . 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. Show publisher information Proliferating demand for fortified beverage is a key factor that drives the markets growth. You can also contact MarketWatch Customer Service via our Customer Center. b. However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. All rights reserved. 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. b. The product is a PDF. 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. 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. Are you interested in testing our business solutions? Privacy Policy. Learn more about how Statista can support your business. Moreover, the bundling strategy and economical pricing are responsible for higher sales of functional ingredients added water among supermarkets. For instance, PepsiCo Inc. is launching a new drink that is intended to help consumers relax before bed, called Driftwell. 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. Health Benefits of Product to Drive Sales during COVID-19 Pandemic. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). The largest sparkling water brand in the world is San Pellegrino, with $901 million in sales and a market share of 4.9%. It looks quite comprehensive and the data is exactly what I was looking for. grapefruit, lemon, lime, coconut and sparkling water. 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. 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. 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. 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. Based on ingredient analysis, the market is divided into micronutrient, botanical extract, and others. 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. Mergers & acquisitions and product launches are among the key strategies taken up by the market players. How much is the global functional water market worth? 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. 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. Sparkling Water Market Size, Share and Trends Analysis Report 2023-2030. In 2021, the global top five players had a share approximately % in terms of revenue. Sparkling water market - Key market driver analysis. This statistic is not included in your account. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. This product is a market research report. Micronutrient Segment to Dominate due to Growing Consumer Inclination towards Natural Ingredients. As per U.S. Food and Drug Administration (FDA), Sparkling mineral water is . Which region is expected to hold the highest share in the market? Some of the key questions answered in this report: Sparkling Water Market - Covid-19 Impact and Recovery Analysis: We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. 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 readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. Convenience stores are expected to witness greater traction in the foreseeable future owing to their penetration and personalized purchasing experiences. Currently, you are using a shared account. Understanding the segments helps in identifying the importance of different factors that aid the market growth. 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. The growing demand for natural and healthy water among consumers is driving the growth of this market. 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 hypermarket and supermarket and convenience stores together held a significant share in 2020. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and . Looking forward to work together in the future, It has been a delightful experience working with you guys. Please fill out the form below for a free PDF report sample & 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. 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. b. 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 Ice held 17.2% of the total sparkling water market share in the US in 2021. 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. Regional market sizes, concerning products by types, by application, and by players, are also provided. In addition to these mentioned factors, it encompasses several other factors that have contributed to the market's growth in recent years. Copyright 2023 MarketWatch, Inc. All rights reserved. The caffeinated segment is projected to register the fastest CAGR of 12.6% from 2021 to 2028. Global Sparkling Water Market: Segment Analysis The research report includes specific segments by region (country), by company, by Type and by Application. 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. 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. The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the . Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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). After COVID-19, consumers have become more anxious, and they have started giving priority to immune health. This will assist the users to be attentive and make informed decisions related to business. The market in South America is expected to grow strongly, driven by strong demand for flavored, hygienic, and clean drinking water in the region. Copyright 2023 Grand View Research, Inc. All rights reserved. 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. Moreover, the easy availability of this product across distribution channels is anticipated to boost the growth of this segment. Their social media handles are filled with images of athletes (runners, swimmers, skaters, tennis players), and their cans feature striking and elegant animal prints. 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. The demand from sparkling water is significantly increasing owing to health benefits associated with it such as weight management, improves digestion, and provides . Thus, the demand for drinks featuring these ingredients has grown and is expected to grow in the future. Evolving dietary consumption pattern is a key market trend. Copyright 2002-2023 Research and Markets. We earn $400,000 and spend beyond our means. Each license type allows a set number of users to access the report. By product, the natural/mineral segment held the largest share of more than 60.0% in 2020. The global market should be understood from its parent/related markets viz. Functional ingredients added water continues on a solid growth trajectory and, in fact, grew rapidly in the first half of 2020. 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. North America Functional Water Market Size, 2020 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. Apart from business strategies, the study includes current developments and key financials. 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. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. statistic alerts) please log in with your personal account. Which distribution channel is expected to dominate the global market? Discounted price for multiple reports across domains, 2. As soon as this statistic is updated, you will immediately be notified via e-mail. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. 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. The botanical ingredients are associated with immune support as well as another possible physical, mental and emotional attributes. . Global Sparkling Water Market Report (119 Pages) offers unique and essential statistics, data, information, trends, and competitive landscape details for this specific industry sector. Get a Sample PDF of report: https://www.360marketupdates.com/enquiry/request-sample/22380166. North America is expected to hold the highest market share. 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. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. You need a Statista Account for unlimited access. This study bestows production and revenue data by type, and during the historical period and forecast period. This document analyzes the effect of the pandemic on the zzzz market from a international and nearby angle. Copyright 2023 MarketWatch, Inc. All rights reserved. to incorporate the statistic into your presentation at any time. 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. This report has studied every segment and provided the market size using historical data. Bottled Water in Denmark by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2019. Contact the source provider Comtex at editorial@comtex.com. liability for the information given being complete or correct. Available: https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/, Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales, Available to download in PNG, PDF, XLS format, Volume of bottled water sold in the U.S. 2010-2021, Volume growth of bottled water in the U.S. 2007-2020, Leading vendors of bottled water in the U.S. 2020, based on sales, Volume of U.S. water imports 2020, by country, Value of U.S. water imports 2020, by country, Value of U.S. water exports 2020, by country, Volume of U.S. water exports 2020, by country, Key brands' market share of bottled sparkling water in the U.S. 2021, Dollar sales growth of sparkling water in the U.S. 2021, by brand, Bottled water market: volume growth by country 2011, Bottled water market: volume share in Western Europe by country 2011, Packaged water: global market value share 2015, by category, Bottled water market: volume share worldwide 2015-2020, by country, Bottled water market: volume in Western Europe 2006-2011, Segment growth of bottled water in the U.S. 2015, Bottled water market: volume share worldwide by type 2006-2011, Sparkling and mineral water dollar sales in U.S. c-stores 2021, by brand, Sparkling and mineral water unit sales in U.S. c-stores 2021, by brand, Sparkling water retail sales value in South Korea 2012-2016, Sparkling water sales in convenience stores in South Korea 2014-2016, Top bottled water brand market share in China 2018, Bottled water retail sales growth in China 2014-2019, Retail sales value of sparkling unflavored bottled water in China 2011-2019, Sparkling water sales in independent grocers in South Korea 2014-2016, Per capita consumption of flavored water in the U.S. 2010-2022, Bottled water market in the United States, Non-alcoholic beverages and soft drinks in the United States, Find your information in our database containing over 20,000 reports, Perrier was ranked as the fifth leading bottled sparkling water brand, per capita consumption of bottled water in the United States. 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. Final Report will add the analysis of the impact of COVID-19 on this industry. Which distribution channel led the sparkling water market? For instance, in May 2019, National Beverage Corp. launched a new flavor, Hi-Biscus! Your transaction & personal information is safe and secure. You can also contact MarketWatch Customer Service via our Customer Center. The Black Razzberry, Beach Plum, and Guava Sao Paulo are zero-sugar, zero-calorie sparkling waters which feature natural essences. Sparkling water is generally just water infused with pressurized carbon dioxide. 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. 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. What are the factors driving the sparkling water market. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. The demand for natural functional drinks is growing as consumers are now more inclined towards safe, clean-labeled, and hygienic ingredients. Distribution Channel Movement Analysis & Market Share, 2020 & 2028, 7.1. These advertisements highlight the quality and hydration benefits of the product, and also emphasize taste and convenience. 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 global functional water market size was USD 12.86 billion in 2020. The bottled water sales have recently surpassed soft drinks sales in the United States The bottled water sector is thus a leading horse prompting companies to invest and expand their functional offerings. This is an enterprise license, allowing all employees within your organization access to the product. Fortune Business Insights says that the value of the market was at USD 12.86 billion in 2020 and is projected to reach USD 22.97 billion by 2028. We are happy to help. This can be seen in the rising demand for beverages that contain ingredients with health and wellness value. 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. In, Beverage Industry Magazine. If you are an admin, please authenticate by logging in again. As of 2021, the global sparkling water industry has a market size of $33.43 billion. 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! Use Ask Statista Research Service. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Natural/mineral sparkling water held the largest share of more than 60.0% in 2020. Various studies suggested that sparkling water is not as harmful as sodas for dental and bone health. Chapter 9: Analysis of sales channel, distributors and customers. Share article Citrus-ly Good Recipes! The others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. 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.