Sparkling Water Market Introduction: Sparkling water contains minerals, such as calcium, magnesium, and sodium, and it is naturally carbonated. They have also talked about the growth opportunities that the segment may pose in the future. The major players covered in the Sparkling Water market report are: Get a sample copy of the Sparkling Water Market report 2023. 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. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. You can only download this statistic as a Premium user. I appreciate the timeliness and responsiveness of you and your team., (applicable to 1 report only for the same license type), The global functional water market is likely to grow from $13.80 billion in 2021 to $22.97 billion in 2028 at a CAGR of 7.55% in forecast period, 2021-2028, 2020 Fortune Business Insights . DUBLIN--(BUSINESS WIRE)--The "Sparkling Water Market Size, Share & Trends Analysis Report by Product, by Distribution Channel, by Region, and Segment Forecasts, 2021-2028" report has been added to . Consumers are exhibiting an ever-growing inclination towards exotic ingredients and bold flavors that not only appeal to the palette but also are functional in terms of the overall nutritional profile. Final Report will add the analysis of the impact of COVID-19 on this industry. Sparkling Water Market Size & Share: Industry Report, 2022 - 2027 Global Sparkling Water Market Report (119 Pages) offers unique and essential statistics, data, information, trends, and competitive landscape details for this specific industry sector. We are GDPR and CCPA compliant! Henceforth, functional ingredients added to water are quickly emerging as a distinct and recognizable category. Sparkling Water Market size is expected to reach US$ 82.81 Bn by 2029, at a CAGR of 12% during the forecast period. Sparkling Water Market Size, Share, Growth | Industry Analysis 2027 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. 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. Mergers & acquisitions and product launches are among the key strategies taken up by the market players. Which distribution channel led the sparkling water market? This factor mainly promotes the growth of this segment. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! The wide availability of substitutes like plant-based waters, which provide the same health benefits as functional ingredients enriched water, is anticipated to hamper the growth of this market. The global marketplace has witnessed a growing inclination towards all-natural and plant-based ingredients that are easily recognizable and accepted owing to their widely known health benefits. The growing interest among individuals in drinks providing a pleasurable bubbly sensation is driving the demand for sparkling water in the forecast period. The report offers qualitative insights on the latest trends, business developments, demand patterns, and an overview of the regional market, including the current and projected CAGR (Compound Annual Growth Rate) status, and updates on leading manufacturers. 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. Learn more about how Statista can support your business. Copyright 2023 MarketWatch, Inc. All rights reserved. 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. Proliferating Demand for Fortified Beverage to Support Market Growth. Whats our next move? 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. Asia Pacific market for functional water is also set to experience a significant growth rate as consumers are becoming increasingly aware of the benefits of specialty offerings. The 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). Copyright 2023 Grand View Research, Inc. All rights reserved. Accessed March 04, 2023. https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/, Beverage Industry Magazine. Which distribution channel is expected to dominate the global market? These drinks are a good substitute for coffee drinks, sweetened teas, and conventional energy drinks. This is foreseen to bode well for the regional market in the coming years. Product Movement Analysis & Market Share, 2020 & 2028, 6.1. The flavored natural/mineral and caffeinated sparkling water segment is expected to register a faster growth rate during forecast years as compared to the unflavored segment owing to the increasing launch of fruit-flavored drinks. 2020 State of the Beverage Industry: All bottled water segments see 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. The Global Sparkling Water Market was estimated to be valued at $29.71 billion in 2020. statistic alerts) please log in with your personal account. 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. How much is the global functional water market worth? 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. High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Key players of bottled water are launching sparkling water to gain maximum market share. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Contact the source provider Comtex at editorial@comtex.com. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. Manufacturers are launching products with claims that go beyond vitamin-enhanced hydration, capitalizing on the popularity of fortified waters. All Rights Reserved. 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. Global markets are presented by Sparkling Water type, along with growth forecasts through 2028. July 16, 2021. Use Ask Statista Research Service. The market is growing, owing to innovative product launches by companies and rising consumer inclination towards the product. 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. The ideal entry-level account for individual users. For instance, PepsiCo Inc. is launching a new drink that is intended to help consumers relax before bed, called Driftwell. Who are the key players in the sparkling water market? In 2021, the global top five players had a share approximately % in terms of revenue. The sparkling bottled water market in the United States is. To use individual functions (e.g., mark statistics as favourites, set Evolving dietary consumption pattern is a key market trend. Innovative Product Development Efforts by Manufacturers to Drive Market Growth. For instance, in May 2019, National Beverage Corp. launched a new flavor, Hi-Biscus! The MarketWatch News Department was not involved in the creation of this content. Global Sparkling Water Market Report 2021: Natural/Mineral In addition, due to the increasing standard of living, many people switch from carbonated water to functional ingredients added water. This is a single user license, allowing one user access to the product. Consumer trends are shifting towards impulsive purchases of food and beverages. 02-22-2023 01:21 AM CET | IT, New Media & Software Press release from: Insightace Analytics 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 brand was closely followed by Private Label which accounted for 16.6% of the US sparkling water market share. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. 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 rise in CAGR is attributable to this markets demand and growth, returning to pre-pandemic levels once the pandemic is over. Bottled Water in Denmark by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2019. You can also contact MarketWatch Customer Service via our Customer Center. functional beverages and bottled water both of these sectors exhibit strong dominance of key global brands intensely seeking the consolidation of the overall market. Visit a quote page and your recently viewed tickers will be displayed here. Sparkling Water Market Size, Share & Trends Analysis Report by Product Based on our analysis, the market exhibited a growth of 8.33% in 2020 than the average year-on-year growth during 2017-2019. 2021 State of the Beverage Industry: Bottled water bubbling over with Copyright 2002-2023 Research and Markets. With the growing trend of leading a healthy lifestyle among all age groups, people around the globe are gradually shifting to healthy and innovative drinks, including sparkling water. Register in seconds and access exclusive features. This study bestows production and revenue data by type, and during the historical period and forecast period. Privacy Policy. Get a sample PDF of the report at - https://www.marketresearchguru.com/enquiry/request-sample/17205643. 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. Our support available to help you 24 hours a day, five days a week. Free trial, before you make a purchase decision. 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. Avail customized purchase options to meet your exact research needs. It looks quite comprehensive and the data is exactly what I was looking for. We are happy to help. As a result, manufacturers are incorporating a plethora of herbs and spices in the drinks because of their inherent health benefits. 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. This website uses cookies to ensure you get the best experience. Furthermore, membership programs offered by these stores include benefits such as discounts and access to unlimited free delivery to enhance the shopping experience of the customers. Copyright 2023 MarketWatch, Inc. All rights reserved. Moreover, the wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels. 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. The sparkling water market competitive landscape provides details by competitor. This graph presents the market share of the leading bottled sparkling water brands in the United States in 2020. Business Solutions including all features. For more details, please read our privacy policy. Specialists have also laid their focus on the upcoming business prospects. 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. Are you interested in testing our business solutions? U.S. sparkling water market value, 2015-2021 | Statista 34 Sparkling Water Statistics That Will Make You Salivate Regional market sizes, concerning products by types, by application, and by players, are also provided. Complimentary 10 hours free analyst time for market review, 3. Key Findings of the World Bottled Water Market Report Key global players, recent developments & their impact on the industry, 1. The growing consumer preference for sparkling water over sodas and sugary carbonated drinks is projected to drive the market over the forecast period. The rising consumer preference for healthy alternatives to soft drinks is the major factor driving the segment. Clicking on the following button will update the content below. 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) Please fill out the form below for a free PDF report sample & Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region. 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 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. The botanical ingredients are associated with immune support as well as another possible physical, mental and emotional attributes. 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. 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. Nous, Yahoo, faisons partie de la famille de marques Yahoo. 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. This product is a market research report. This section of the report provides key insights regarding various regions and the key players operating in each region. 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. Global Sparkling Water Faucet And Dispenser Industry - Industry Reports Sparkling Water Market - Global Industry Analysis and Forecast | 2029 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. liability for the information given being complete or correct. Feb 23, 2023 (The Expresswire) -- The Research report on " Sparkling Water Market " Growth for 2023 provides a comprehensive analysis of the industry, including revenue projections, regional. After COVID-19, consumers have become more anxious, and they have started giving priority to immune health. 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 The caffeinated segment is projected to register the fastest CAGR of 12.6% from 2021 to 2028. North America leads the global sparkling water market share, at 35%. Please wait while we are processing your request Sparkling Water Market Share & Trends Report, 2021-2028. The enhanced waters are generally micronutrients-fortified, hence a dominating segment. 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. Growing at a CAGR of 7.55%, the market will exhibit steady growth in the forecast period (2021-2028). U.S. bottled water market - statistics & facts | Statista 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. 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 .