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. Based on ingredient analysis, the market is divided into micronutrient, botanical extract, and others. Moreover, the easy availability of this product across distribution channels is anticipated to boost the growth of this segment. No purchase commitment. Changing Eating Patterns and Increased Focus on Health. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. Then you can access your favorite statistics via the star in the header. Based on the category, plain is expected to dominate the market over the forecast period. This report segments the global Sparkling Water market comprehensively. Register in seconds and access exclusive features. 02-22-2023 01:21 AM CET | IT, New Media & Software Press release from: Insightace Analytics We earn $400,000 and spend beyond our means. 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. For the 52 weeks ended May 17, 2020, private labels held a market share. 495.00. 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. 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. Thus, the consumer demand for natural and subtle flavors drinks is expected to drive the functional ingredients enriched water market in this region. 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. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Mandarin Orange Cream Popsicles Pureed mandarins, creamy greek yogurt and . High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Please select an option from the list below. Which is the key factor driving the market? It looks quite comprehensive and the data is exactly what I was looking for. 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. Sparkling Water Market size is expected to reach US$ 82.81 Bn by 2029, at a CAGR of 12% during the forecast period. The brand was closely followed by Private Label which accounted for 16.6% of the US sparkling water market share. under its LaCroix brand. North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. In this section, the readers will gain an understanding of the key players competing. This product is a market research report. online dashboard trial. It provides a quantitative analysis of the market size and development potential of each market segment in the next six years. Due to varying update cycles, statistics can display more up-to-date 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. For instance, PepsiCo Inc. is launching a new drink that is intended to help consumers relax before bed, called Driftwell. Danone S.A., The Coca-Cola Company, PepsiCo Inc., and Nestle S.A. are some of the top players in the market. Moreover, the bundling strategy and economical pricing are responsible for higher sales of functional ingredients added water among supermarkets. 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. However, with more relaxations on rules, the market for the aforementioned functional ingredients added water has started gaining traction again. The others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. 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. All rights reserved. The largest sparkling water brand in the world is San Pellegrino, with $901 million in sales and a market share of 4.9%. Please wait while we are processing your request Sparkling Water Market Share & Trends Report, 2021-2028. People are better able to buy bulk food and other groceries in supermarkets. Innovative Product Development Efforts by Manufacturers to Drive Market Growth. 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 emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. $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 Report moreover done a pastel evaluation within the business enterprise to study key influencers and boundaries to entry. The flavored variants are increasingly preferred owing to their taste, dizziness, and health benefits. 5.1. 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. 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. By continuing to visit this site you agree to our use of cookies . Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. 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 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). Published by Statista Research Department , Oct 7, 2016 This statistic shows the sales value of sparkling water in the United States from 2015 to 2016, and provides a forecast until 2021. We use cookies to enhance your experience. Functional ingredients enriched with water is a delicious solution for those who are trying to achieve a healthy level of hydration but have trouble meeting the daily recommended amount of water. Feb 23, 2023 (The Expresswire) -- Access to this and all other statistics on 80,000 topics from, Show sources information Get in touch with us. 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. The global sparkling water market size was valued at USD 29.71 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.6% from 2021 to 2028. The latest growing trend in this market is the rising demand for water fortified with minerals, vitamins, antioxidants, and more. 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. This graph presents the market share of the leading bottled sparkling water brands in the United States in 2020. Specialists have also laid their focus on the upcoming business prospects. 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. Beverage Industry Magazine. 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 . Regional and Private Label Brands Eye Expansions to Penetrate New Markets. Manufacturers are launching products with claims that go beyond vitamin-enhanced hydration, capitalizing on the popularity of fortified waters. Remarkable job and great efforts by your research team. 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. Which product segment accounted for the largest 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. For instance, in May 2019, National Beverage Corp. launched a new flavor, Hi-Biscus! The sparkling water market competitive landscape provides details by competitor. 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. (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. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Report Coverage & Deliverables PDF report & online dashboard will help you understand: Competitive benchmarking Historical data & forecasts To analyze the Sugar-Free Sparkling Water with respect to individual growth trends, future prospects, and their contribution to the total market. . Europe is the second-largest market for functional ingredients enriched water. The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. Moreover, the wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels. 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. The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. 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. Learn more about how Statista can support your business. Bottled Water in Denmark (2019) - Market Sizes. This is foreseen to bode well for the regional market in the coming years. 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. Various studies suggested that sparkling water is not as harmful as sodas for dental and bone health. What are the factors driving the sparkling water market. It's positioning as the quintessential health drink continues to resonate with consumers. The rising consumer interest in health and wellness has put a spotlight on functional nutrition. The Black Razzberry, Beach Plum, and Guava Sao Paulo are zero-sugar, zero-calorie sparkling waters which feature natural essences. As per U.S. Food and Drug Administration (FDA), Sparkling mineral water is . Copyright 2023 Grand View Research, Inc. All rights reserved. The rise in CAGR is attributable to this markets demand and growth, returning to pre-pandemic levels once the pandemic is over. 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. For instance, a Swedish company, Vitamin Well, is asking brand ambassadors to reinforce its motto: "rich in function, low in calories." b. 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. 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. Its capability to help decrease the intake of sugar upsurges the consumption of the product as it helps to prevent consumers against diabetes. Micronutrient Segment to Dominate due to Growing Consumer Inclination towards Natural Ingredients. 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. 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. 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. Which distribution channel led the sparkling water market? The rising consumer preference for healthy alternatives to soft drinks is the major factor driving the segment. 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. 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. 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 can be seen in the rising demand for beverages that contain ingredients with health and wellness value. 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 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. By Type (, Unflavored, Fruit-flavored). Proliferating Demand for Fortified Beverage to Support Market Growth. Addition or alteration to country, regional & segment scope. This website is secure and your personal details are safe. The active principles from a variety of super fruits, herbal extracts, and other plant-based ingredients are known to not only serve the functional role of synthetic additives but also substantially increase the nutritional profiles of specialty water. Complimentary 10 hours free analyst time for market review, 3.

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