This product is a market research report. The MarketWatch News Department was not involved in the creation of this content. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Is there a problem with this press release? Key players of bottled water are launching sparkling water to gain maximum market share. Sparkling Water Market Size is anticipated to reach USD 77 Billion by 2030, registering a CAGR of 12.5% during 2022-2030. Health Benefits of Product to Drive Sales during COVID-19 Pandemic. Due to varying update cycles, statistics can display more up-to-date The Global Sparkling Water Market is estimated to be worth $76.95 billion by 2028. 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. 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. "The quality of research they have done for us has been excellent.". People are better able to buy bulk food and other groceries in supermarkets. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and . These drinks are a good substitute for coffee drinks, sweetened teas, and conventional energy drinks. This study bestows production and revenue data by type, and during the historical period and forecast period. 6. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! 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. 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. 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. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. 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. 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. 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. This section of the report provides key insights regarding various regions and the key players operating in each region. 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 Black Razzberry, Beach Plum, and Guava Sao Paulo are zero-sugar, zero-calorie sparkling waters which feature natural essences. We earn $400,000 and spend beyond our means. See for yourself. 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. 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. Accessed March 04, 2023. https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/, Beverage Industry Magazine. 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. Addition or alteration to country, regional & segment scope. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Supermarkets and hypermarkets hold sway in the distribution channels for the product sales this retail distribution is leading based on the variety, availability, and accessibility of enhanced water. 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. From the rise of premium and functional waters to the growing demand for sustainable packaging, the bottled water market is constantly evolving. Chapter 13: Forecast by type and by application. The product is a PDF. This factor mainly promotes the growth of this segment. Furthermore, the product has a number of advantages; for instance, it helps improve digestion and may help relieve constipation. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. As soon as this statistic is updated, you will immediately be notified via e-mail. North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region. The MarketWatch News Department was not involved in the creation of this content. The caffeinated segment is projected to register the fastest CAGR of 12.6% from 2021 to 2028. The sparkling water market competitive landscape provides details by competitor. Mergers & acquisitions and product launches are among the key strategies taken up by the market players. The market is growing, owing to innovative product launches by companies and rising consumer inclination towards the product. Which region is expected to hold the highest share in the market? 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 global market should be understood from its parent/related markets viz. 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. 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. Chapter 9: Analysis of sales channel, distributors and customers. Together with the optimistic revenue projections. The latest growing trend in this market is the rising demand for water fortified with minerals, vitamins, antioxidants, and more. We value your investment and offer free customization with every report to fulfil your exact research needs. In this article, we'll dive into the latest consumer trends and insights, as well as highlight the top companies in the industry. 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. 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. Report moreover done a pastel evaluation within the business enterprise to study key influencers and boundaries to entry. It provides a quantitative analysis of the market size and development potential of each market segment in the next six years. Get full access to all features within our Business Solutions. 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. This document analyzes the effect of the pandemic on the zzzz market from a international and nearby angle. 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. Henceforth, functional ingredients added to water are quickly emerging as a distinct and recognizable category. 1. The emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. As a Premium user you get access to background information and details about the release of this statistic. 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. 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.
sparkling water market share