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Changing Eating Patterns and Increased Focus on Health. Sparkling Water Market Size, Share, Growth | Industry Analysis 2027 In this article, we'll dive into the latest consumer trends and insights, as well as highlight the top companies in the industry. Then you can access your favorite statistics via the star in the header. The market in South America is expected to grow strongly, driven by strong demand for flavored, hygienic, and clean drinking water in the region. 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. The online distribution channel is expected to register the fastest growth rate of 13.3% from 2021 to 2028. 5.1. Understanding the segments helps in identifying the importance of different factors that aid the market growth. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. Sparkling Water Market Size, Share, Growth, Industry Forecast till 20 In addition to eating correctly, consumers are increasingly aware of the importance of drinking correctly. The micronutrient is expected to be the leading segment based on ingredient in the global market during the forecast period. Their social media handles are filled with images of athletes (runners, swimmers, skaters, tennis players), and their cans feature striking and elegant animal prints. The ideal entry-level account for individual users. 2023 Sugar-Free Sparkling Water Market: Competitive Analysis of Major 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. Consumers look for better-for-you alternatives to carbonated soft drinks (CSDs), and the innovation in flavor is driving the functional ingredients enriched water category's success. The global market should be understood from its parent/related markets viz. Avail customized purchase options to meet your exact research needs. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Copyright 2002-2023 Research and Markets. Drawing on insights from the IndexBox market report, we'll take a closer look at what's driving growth and innovation in . 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. 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. 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. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. 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. 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. This report can help to understand the relevant market and consumer trends that are driving the Sparkling Water market. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Consumers are looking for dietary solutions to solve stress, lethargy, and weakened immunity because of their hectic lifestyles. Sparkling Water Market Size & Share: Industry Report, 2022 - 2027 "Market Intelligence that Adds Flavour to Your Success", Region : Global | Format: PDF | Report ID: FBI100279. $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 This document analyzes the effect of the pandemic on the zzzz market from a international and nearby angle. All Rights Reserved. 2021 State of the Beverage Industry: Bottled water bubbling over with 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 graph presents the market share of the leading bottled sparkling water brands in the United States in 2020. 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. Thus, the consumer demand for natural and subtle flavors drinks is expected to drive the functional ingredients enriched water market in this region. Feb 23, 2023 (The Expresswire) -- 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. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. By product, the natural/mineral segment held the largest share of more than 60.0% in 2020. (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. Clicking on the following button will update the content below. Sparkling Water Market Share & Trends Forecast Report 2028 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. 02-22-2023 01:21 AM CET | IT, New Media & Software Press release from: Insightace Analytics Functional ingredients added water continues on a solid growth trajectory and, in fact, grew rapidly in the first half of 2020. This can be seen in the rising demand for beverages that contain ingredients with health and wellness value. The flavored variants are increasingly preferred owing to their taste, dizziness, and health benefits. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. This product is a market research report. This factor mainly promotes the growth of this segment. 1. Together with the optimistic revenue projections. 6. Get full access to all features within our Business Solutions. Sparkling Water Market Size, Share & Trends Analysis Report By Product (Natural/Mineral, Caffeinated), By Distribution Channel (Hypermarket & Supermarket, Online), By Region, And Segment Forecasts . You can also contact MarketWatch Customer Service via our Customer Center. Based on ingredient analysis, the market is divided into micronutrient, botanical extract, and others. 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 Report 58 Pages April 2021 Region: Global Grand View Research ID: 5318373 Description Table of Contents Companies Mentioned Methodology ", Beverage Industry Magazine, Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales Statista, https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/ (last visited March 04, 2023), Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales [Graph], Beverage Industry Magazine, July 16, 2021. Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. Global Sparkling Water Faucet And Dispenser Industry - Industry Reports These advertisements highlight the quality and hydration benefits of the product, and also emphasize taste and convenience. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Based on our analysis, the market exhibited a growth of 8.33% in 2020 than the average year-on-year growth during 2017-2019. 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. North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region. North America held the largest share of over 35.0% in 2020. Copyright 2023 Grand View Research, Inc. All rights reserved. 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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 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. Global Sparkling Water Market Report 2021: Natural/Mineral The demand for natural functional drinks is growing as consumers are now more inclined towards safe, clean-labeled, and hygienic ingredients. 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. You can also contact MarketWatch Customer Service via our Customer Center. For instance, in 2020, Ocean Spray Cranberries, Inc., an American-based company, launched B1U, a new series of functional beverages made with simple ingredients and in recyclable packaging. It's positioning as the quintessential health drink continues to resonate with consumers. It additionally affords the proper insights and evaluation which are crucial to layout powerful commercial enterprise techniques and set the proper direction for improved boom for all enterprise gamers involved. The others segment dominated the market and held a share of 36.4% in 2020. 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. This product is a market research report. 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. Sparkling Water Market Size is anticipated to reach USD 77 Billion by 2030, registering a CAGR of 12.5% during 2022-2030. Which distribution channel led the sparkling water market? Danone S.A., The Coca-Cola Company, PepsiCo Inc., and Nestle S.A. are some of the top players in the market. Chapter 11: Production and supply forecast, global and regional, Chapter 12: Consumption and demand forecast, global and regional. 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. Sparkling water market - Key market driver analysis. The growing demand for natural and healthy water among consumers is driving the growth of this market. 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. 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. This report has studied every segment and provided the market size using historical data. 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. Our support available to help you 24 hours a day, five days a week. Market size is based on retail (off trade) and non-retail (on trade) sales. 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 enhanced waters are generally micronutrients-fortified, hence a dominating segment. 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 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. This market covers all packaged still, sparkling and flavoured water. Please wait while we are processing your request Sparkling Water Market Share & Trends Report, 2021-2028. Discounted price for multiple reports across domains, 2. The various benefits that sparkling water is providing include helping to stay hydrated longer, reduce weight, maintain blood pressure, and others. Its capability to help decrease the intake of sugar upsurges the consumption of the product as it helps to prevent consumers against diabetes. 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. North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. 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 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. Commercial Sparkling Water Dispenser Market Size, Industry Share 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. As a result, manufacturers are incorporating a plethora of herbs and spices in the drinks because of their inherent health benefits. These solutions appear in the form of functional foods, as they have the additional function of providing nutritional and health benefits.
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