As a Premium user you get access to background information and details about the release of this statistic. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive, Please pass on our sincere thanks to the whole team at Fortune Business Insights. Market size is based on retail (off trade) and non-retail (on trade) sales. Chapter 3: Production/output, value of Sparkling Water by region/country. 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. It will be easily available in North America starting December 2021. For the 52 weeks ended May 17, 2020, private labels held a market share. This new sparkling beverage has no carbohydrates, sweeteners, or sodium, and has a unique flavor of the hibiscus flower. 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. This document analyzes the effect of the pandemic on the zzzz market from a international and nearby angle. Sparkling Water Market Size is anticipated to reach USD 77 Billion by 2030, registering a CAGR of 12.5% during 2022-2030. Competitive Landscape and Sparkling Water Market Share Analysis. Im 66, we have more than $2 million, I just want to golf can I retire. under its LaCroix brand. 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. This graph presents the market share of the leading bottled sparkling water brands in the United States in 2020. 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. Market Overview: Benefits offered by online platforms, including shopping from the comfort of ones home, doorstep delivery, free shipping, subscription services, and discounts, are attracting millennials and the younger generation to opt for this channel. By Type (, Unflavored, Fruit-flavored). You need a Statista Account for unlimited access. 1. Global Sparkling Water Market: Segment Analysis The research report includes specific segments by region (country), by company, by Type and by Application. statistic alerts) please log in with your personal account. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. (July 16, 2021). Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. https://www.fortunebusinessinsights.com/industry-reports/functional-water-market-100279, Balance Water Company LLC. Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. You need at least a Starter Account to use this feature. Show publisher information The global sparkling water market is projected to grow at a CAGR of 9.28%, from a market size of US$2,134.246 million in 2020 to a market size of US$3,973.293 million by 2027. 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. The major players covered in the Sparkling Water market report are: Get a sample copy of the Sparkling Water Market report 2023. Register in seconds and access exclusive features. 5.1. Key global players, recent developments & their impact on the industry, 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. Bottled Water in Denmark by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2019. Convenience stores are expected to witness greater traction in the foreseeable future owing to their penetration and personalized purchasing experiences. online dashboard trial. Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. 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. b. 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. For more details, please read our privacy policy. Regional market sizes, concerning products by types, by application, and by players, are also provided. Flavoured Sparkling Water Unflavoured Sparkling Water . The MarketWatch News Department was not involved in the creation of this content. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. Even before the COVID-19 pandemic, functional ingredients added water had overtaken soft drinks to become the largest consuming beverage by volume in the U.S. Trends contributing to the products rising consumption are also its health and wellness attributes, convenience, and more low-calorie carbonated drinks than ever before. Thus, the consumer demand for natural and subtle flavors drinks is expected to drive the functional ingredients enriched water market in this region. Manufacturers are launching products with claims that go beyond vitamin-enhanced hydration, capitalizing on the popularity of fortified waters. 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. 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. Copyright 2023 MarketWatch, Inc. All rights reserved. The sparkling bottled water market in the United States is. You can only download this statistic as a Premium user. The global market should be understood from its parent/related markets viz. Functional ingredients enriched water sales are thus benefiting from the overarching consumer trend to better-for-your alternatives such as unnatural and high-sugar drinks. 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. 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 demand from sparkling water is significantly increasing owing to health benefits associated with it such as weight management, improves digestion, and provides . Sparkling water is generally just water infused with pressurized carbon dioxide. Are you interested in testing our business solutions? Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. People are better able to buy bulk food and other groceries in supermarkets. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. The imposed lockdown and stay-at-home orders led people to work from home and work out at home, which initially impacted the sales of energy and sports drink. The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the . The sparkling water market competitive landscape provides details by competitor. Sparkling Water Market size is expected to reach US$ 82.81 Bn by 2029, at a CAGR of 12% during the forecast period. Danone S.A., The Coca-Cola Company, PepsiCo Inc., and Nestle S.A. are some of the top players in the market. Copyright 2023 Grand View Research, Inc. All rights reserved. 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. 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 players of bottled water are launching sparkling water to gain maximum market share. Then you can access your favorite statistics via the star in the header. 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. Some of the key players operating in the sparkling water market are 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, and RHODIUS Mineralquellen und Getrnke GmbH & Co. KG. 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. Consumers are looking for dietary solutions to solve stress, lethargy, and weakened immunity because of their hectic lifestyles. 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. Based on our analysis, the market exhibited a growth of 8.33% in 2020 than the average year-on-year growth during 2017-2019. Contact the source provider Comtex at editorial@comtex.com. 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. 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. 02-22-2023 01:21 AM CET | IT, New Media & Software Press release from: Insightace Analytics 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. 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. Sparkling Ice held 17.2% of the total sparkling water market share in the US in 2021. Addition or alteration to country, regional & segment scope. However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. 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. 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. 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. The growing demand for natural and healthy water among consumers is driving the growth of this market. Purchase this Report (Price 2900 USD for a Single-User License) -https://marketresearchguru.com/purchase/17205643, 1.1 Product Overview and Scope of Sparkling Water, 1.3 Sparkling Water Segment by Application, 2.1 Global Sparkling Water Production Market Share by Manufacturers (2017-2022), 2.2 Global Sparkling Water Revenue Market Share by Manufacturers (2017-2022), 2.3 Sparkling Water Market Share by Company Type (Tier 1, Tier 2 and Tier 3), 2.4 Global Sparkling Water Average Price by Manufacturers (2017-2022), 2.5 Manufacturers Sparkling Water Production Sites, Area Served, Product Types, 2.6 Sparkling Water Market Competitive Situation and Trends, 3.1 Global Production of Sparkling Water Market Share by Region (2017-2022), 3.2 Global Sparkling Water Revenue Market Share by Region (2017-2022), 3.3 Global Sparkling Water Production, Revenue, Price and Gross Margin (2017-2022), 3.4 North America Sparkling Water Production, 4 Global Sparkling Water Consumption by Region, 4.1 Global Sparkling Water Consumption by Region, 5.1 Global Production Market Share by Type (2017-2022), 5.2 Global Revenue Market Share by Type (2017-2022), 6.1 Global Production Market Share by Application (2017-2022), 6.2 Global Revenue Market Share by Application (2017-2022), 6.3 Global Price by Application (2017-2022), 8 Sparkling Water Manufacturing Cost Analysis, 8.2 Proportion of Manufacturing Cost Structure, 8.3 Manufacturing Process Analysis of Sparkling Water, 9 Marketing Channel, Distributors and Customers, 11.1 Global Forecasted Production of Sparkling Water by Region (2023-2028), 11.2 North America Production, Revenue Forecast (2023-2028), 11.3 Europe Production, Revenue Forecast (2023-2028), 11.4 China Production, Revenue Forecast (2023-2028), 11.5 Japan Production, Revenue Forecast (2023-2028), 12.1 Global Forecasted Demand Analysis of Sparkling Water, 12.2 North America Forecasted Consumption of by Country, 12.3 Europe Market Forecasted Consumption of by Country, 12.4 Asia Pacific Market Forecasted Consumption of by Region, 12.5 Latin America Forecasted Consumption of by Country, 13 Forecast by Type and by Application (2023-2028), 13.1 Global Production, Revenue and Price Forecast by Type (2023-2028), 13.2 Global Forecasted Consumption of Sparkling Water by Application (2023-2028), 15.1.3 Market Breakdown and Data Triangulation, For Detailed TOC - https://marketresearchguru.com/TOC/17205643#TOC, Food Grade Stainless Steel Container Market, The Future of 3D IC Flip Chip Product Market, The Rise of Wigs and Wig Accessories Market, Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Sparkling Water Market 2023 Share Analysis: Understanding How Your Business Stacks Up Against Competitors, COMTEX_425123747/2598/2023-02-23T05:15:23.