After COVID-19, consumers have become more anxious, and they have started giving priority to immune health. . The others segment dominated the market and held a share of 36.4% in 2020. Health Benefits of Product to Drive Sales during COVID-19 Pandemic. Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. You can only download this statistic as a Premium user. Changing Eating Patterns and Increased Focus on Health. 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. 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 sparkling bottled water market in the United States is. As a result, manufacturers are incorporating a plethora of herbs and spices in the drinks because of their inherent health benefits. Key players are launching new products in the market in accordance with the demands of health-conscious consumers. 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 . You only have access to basic statistics. Drawing on insights from the IndexBox market report, we'll take a closer look at what's driving growth and innovation in . 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. Discounted price for multiple reports across domains, 2. A paid subscription is required for full access. Sparkling Ice held 17.2% of the total sparkling water market share in the US in 2021. The market is growing, owing to innovative product launches by companies and rising consumer inclination towards the product. 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. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. Caffeinated sparkling water is calorie- and sugar-free but contains added caffeine to boost energy levels. If you are an admin, please authenticate by logging in again. The growing interest among individuals in drinks providing a pleasurable bubbly sensation is driving the demand for sparkling water in the forecast period. In Asian region, Thailand, Malaysia, Sri Lanka, and the Philippines have introduced a sugar-sweetened beverage (SSB) tax in the past two years, while several other countries, including Vietnam, Australia, New Zealand, and Singapore, have also introduced a sugar-sweetened beverage. Chapter 4: Consumption of Sparkling Water in regional level and country level. Then you can access your favorite statistics via the star in the header. The others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. Product Movement Analysis & Market Share, 2020 & 2028, 6.1. Please do not hesitate to contact me. In addition to these mentioned factors, it encompasses several other factors that have contributed to the market's growth in recent years. This report segments the global Sparkling Water market comprehensively. 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; Caribou Coffee Operating Company, Inc.; Hiball; RHODIUS Mineralquellen und Getrnke GmbH & Co. KG; AQUA Carpatica; Northwest Coffee; Volay Brands, LLC; WakeWater Beverage Co.; Big Watt Cold Beverage Co. Free report customization (equivalent up to 8 analysts working days) with purchase. All rights reserved. 1. This acquisition has widened Keurig Dr Peppers water portfolio and through this acquisition, the company entered the caffeinated sparkling water market. statistic alerts) please log in with your personal account. In this article, we'll dive into the latest consumer trends and insights, as well as highlight the top companies in the industry. Chapter 6: Provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. As consumers continue to search for complete solutions that can meet their health and wellness needs, functional beverages, especially those containing immune-enhancing ingredients, may continue to receive attention. It looks quite comprehensive and the data is exactly what I was looking for. You need a Statista Account for unlimited access. 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. Profit from the additional features of your individual account. The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. Chapter 2: Detailed analysis of Sparkling Water manufacturers competitive landscape, price, output and revenue market share, latest development plan, merger, and acquisition information, etc. We use cookies to enhance your experience. The botanical ingredients are associated with immune support as well as another possible physical, mental and emotional attributes. Get a sample PDF of the report at - https://www.marketresearchguru.com/enquiry/request-sample/17205643. 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. From the rise of premium and functional waters to the growing demand for sustainable packaging, the bottled water market is constantly evolving. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. For instance, in January 2020, Keurig Dr Pepper Inc. acquired Limitless, a U.S.-based caffeinated sparkling water company. 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. Frequency of water consumption worldwide 2017, by country, U.S. consumer beverage preference during the Super Bowl 2017, Manufacturing: Beverage & Tobacco Products in the U.S. 2022 - Industry Insights & Data Analysis, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. The latest growing trend in this market is the rising demand for water fortified with minerals, vitamins, antioxidants, and more. Benefits such as improved intake, better digestion, and enhanced bone and heart health are influencing consumers to drink sparkling water. https://www.fortunebusinessinsights.com/industry-reports/functional-water-market-100279, Balance Water Company LLC. Consumers are looking for dietary solutions to solve stress, lethargy, and weakened immunity because of their hectic lifestyles. 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. The shift in consumers shopping behavior is one of the major factors driving sales through the online channel. However, with more relaxations on rules, the market for the aforementioned functional ingredients added water has started gaining traction again. 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 . No purchase commitment. Sparkling water market - Key market driver analysis. The sparkling water market competitive landscape provides details by competitor. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. Based on our analysis, the market exhibited a growth of 8.33% in 2020 than the average year-on-year growth during 2017-2019. The growing consumer preference for sparkling water over sodas and sugary carbonated drinks is projected to drive the market over the forecast period. 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. 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. The emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. To analyze the Sugar-Free Sparkling Water with respect to individual growth trends, future prospects, and their contribution to the total market. 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. 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. 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 report covered all the points and was very detailed. In this section, the readers will gain an understanding of the key players competing. Bottled Water in Denmark by Mintel Market Sizes provides you with annual year-end market size data, most recently updated in 2019. Your transaction & personal information is safe and secure. It provides a quantitative analysis of the market size and development potential of each market segment in the next six years. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. Some prominent players in the global sparkling water market include: RHODIUS Mineralquellen und Getrnke GmbH & Co. KG, Revenue in USD million/billion and CAGR from 2021 to 2028, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, North America; Europe; Asia Pacific; Central & South America; Middle East & Africa, U.S.; Germany; U.K.; Italy; Spain; France; China; India; Brazil. 495.00. In 2021, the global top five players had a share approximately % in terms of revenue. By continuing to visit this site you agree to our use of cookies . Privacy Policy. 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. 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 . This website is secure and your personal details are safe. Chapter 13: Forecast by type and by application. The growing demand for natural and healthy water among consumers is driving the segment. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. 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. Free trial, before you make a purchase decision. Learn more about how Statista can support your business. This is a very good piece of work and will be very helpful to us going forward. Micronutrient Segment to Dominate due to Growing Consumer Inclination towards Natural Ingredients. Sparkling Water Market - Competitive and Segmentation Analysis: This Sparkling Water Market report offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2017-2023. This product is a market research report. 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. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. This study bestows production and revenue data by type, and during the historical period and forecast period. 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 document outlines the marketplace size, marketplace traits, and market increase for zzzz industry, categorized with the aid of using kind, utility, and patron sector. 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 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. Chart. North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. Proliferating Demand for Fortified Beverage to Support Market Growth. Specialists have also laid their focus on the upcoming business prospects. 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. Please select an option from the list below. The hypermarket and supermarket and convenience stores together held a significant share in 2020. 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. This will assist the users to be attentive and make informed decisions related to business. The Black Razzberry, Beach Plum, and Guava Sao Paulo are zero-sugar, zero-calorie sparkling waters which feature natural essences. "The quality of research they have done for us has been excellent.". 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. 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. Whats our next move? The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the pandemic. Sparkling Water Market size was valued at USD 27.9 billion in 2020 and is anticipated to grow at a CAGR of 11.98% during forecast period.The "sparkle" in sparkling water can also occur naturally, or it can be made artificially using a sparkling water system. We value your investment and offer free customization with every report to fulfil your exact research needs. Global Sparkling Water Market Report (119 Pages) offers unique and essential statistics, data, information, trends, and competitive landscape details for this specific industry sector. By product, the natural/mineral segment held the largest share of more than 60.0% in 2020. dvelopper et amliorer nos produits et services. 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. Danone S.A., The Coca-Cola Company, PepsiCo Inc., and Nestle S.A. are some of the top players in the market. The online distribution channel is expected to register the fastest growth rate of 13.3% from 2021 to 2028. The global functional water market growth will be propelled by the development of innovative products and the launch of new flavors by manufacturers. 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. North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region. 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. Thus, the demand for drinks featuring these ingredients has grown and is expected to grow in the future. This is a single user license, allowing one user access to the product. What are the factors driving the sparkling water market. Chapter 3: Production/output, value of Sparkling Water by region/country. Manufacturers are launching products with claims that go beyond vitamin-enhanced hydration, capitalizing on the popularity of fortified waters. Share article Citrus-ly Good Recipes! This graph presents the market share of the leading bottled sparkling water brands in the United States in 2020. 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. Copyright 2023 MarketWatch, Inc. All rights reserved. Contact the source provider Comtex at editorial@comtex.com. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and . The increase in demand for flavored bubbly and fizzy hydration products is projected to drive the segment growth. Clicking on the following button will update the content below. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. 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. 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). HAVE A QUESTION? Business Solutions including all features. This report has studied every segment and provided the market size using historical data. 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. View Recipe. 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 demand for natural functional drinks is growing as consumers are now more inclined towards safe, clean-labeled, and hygienic ingredients. Feb 09, 2023 (The Expresswire) -- Natural/mineral sparkling water held the largest share of more than 60.0% in 2020. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. At what CAGR is the functional water market projected to grow in the forecast period (2021-2028)? This website uses cookies to ensure you get the best experience. Regional Movement Analysis & Market Share, 2020 & 2028, 8.1. See for yourself. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term. 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. Understanding the segments helps in identifying the importance of different factors that aid the market growth. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Global Sparkling Water Market: Segment Analysis The research report includes specific segments by region (country), by company, by Type and by Application. Competitive Landscape and Sparkling Water Market Share Analysis. The report will incorporate these insights. 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. 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. "Market Intelligence that Adds Flavour to Your Success", Region : Global | Format: PDF | Report ID: FBI100279. North America Functional Water Market Size, 2020 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. Which distribution channel led the sparkling water market? The global sparkling water market is expected to grow at a compound annual growth rate of 12.6% from 2021 to 2028 to reach USD 76.95 billion by 2028. b. Natural/mineral sparkling water contributed to the highest share of more than 60% in the global revenue in 2020. Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales [Graph].