In the face of this "push" in government regulation and the "pull" of growing consumer demand for healthier options, more businesses and regulatory requirements for APAC beverage manufacturers are paying more attention to their products' functional properties. Sparkling water is generally made out of mineral water due to the presence of less amount of solid minerals and naturally present carbon dioxide.The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Sparkling Water market covering all its essential aspects.For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Competitive Landscape and Sparkling Water Market Share Analysis. Sparkling water is generally just water infused with pressurized carbon dioxide. 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. 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. 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. on: Celebrate citrus this season with fresh recipes featuring some of your favorite citrus like grapefruits, lemons, mandarins, blood oranges and so much more! To analyze the Sugar-Free Sparkling Water with respect to individual growth trends, future prospects, and their contribution to the total market. Feb 23, 2023 (The Expresswire) -- The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the . You can also contact MarketWatch Customer Service via our Customer Center. Accessed March 04, 2023. https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/, Beverage Industry Magazine. 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. The market is likely 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. You need at least a Starter Account to use this feature. Europe is the second-largest market for functional ingredients enriched water. Privacy Policy. This is due to the dominance of plain or unflavoured sparkling water due to its lower price range. For instance, PepsiCo Inc. is launching a new drink that is intended to help consumers relax before bed, called Driftwell. Moreover, the wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels. online dashboard trial. This study bestows production and revenue data by type, and during the historical period and forecast period. 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 . It is available in many flavors and is devoid of sugar content and many other additives, unlike soda water. 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. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. 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. It provides a quantitative analysis of the market size and development potential of each region in the next six years. Sparkling Water Market Introduction: Sparkling water contains minerals, such as calcium, magnesium, and sodium, and it is naturally carbonated. The market in South America is expected to grow strongly, driven by strong demand for flavored, hygienic, and clean drinking water in the region. However, with more relaxations on rules, the market for the aforementioned functional ingredients added water has started gaining traction again. 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. By product, the natural/mineral segment held the largest share of more than 60.0% in 2020. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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 growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. 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. 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. 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. In this article, we'll dive into the latest consumer trends and insights, as well as highlight the top companies in the industry. Their social media handles are filled with images of athletes (runners, swimmers, skaters, tennis players), and their cans feature striking and elegant animal prints. Chapter 4: Consumption of Sparkling Water in regional level and country level. Growing at a CAGR of 7.55%, the market will exhibit steady growth in the forecast period (2021-2028). https://www.fortunebusinessinsights.com/industry-reports/functional-water-market-100279, Balance Water Company LLC. Avail customized purchase options to meet your exact research needs. 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. We are happy to help. As a Premium user you get access to background information and details about the release of this statistic. Which is the leading segment based on ingredient in the functional water market? 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. The demand from sparkling water is significantly increasing owing to health benefits associated with it such as weight management, improves digestion, and provides . Our support available to help you 24 hours a day, five days a week. As people's awareness of obesity and diet-related diseases increases, the food and beverage industry is increasingly focusing on adding more fiber to beverages to obtain benefits such as calorie reduction, weight control, and promoting digestive health. "Market Share of The Leading Seltzer, Bottled Sparkling/Mineral Water Brands in The United States in 2021, Based on Sales. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. The online distribution channel is expected to register the fastest CAGR of 13.3% from 2021 to 2028. For instance, in May 2019, National Beverage Corp. launched a new flavor, Hi-Biscus! The ideal entry-level account for individual users. Based on the category, plain is expected to dominate the market over the forecast period. 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. Portfolio expansion, i.e., new product development, remains one of the most preferred strategies by key market players worldwide. Based on ingredient analysis, the market is divided into micronutrient, botanical extract, and others. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. 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. 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. This document analyzes the effect of the pandemic on the zzzz market from a international and nearby angle. The sparkling bottled water market in the United States is. Focuses on the key global Sugar-Free Sparkling Water players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. Bottled Water in Denmark (2019) - Market Sizes. Consumers are increasingly seeking fortified food and drink products for certain functional benefits such as energy, relaxation, mental focus, and health support. You need a Statista Account for unlimited access. Chapter 11: Production and supply forecast, global and regional, Chapter 12: Consumption and demand forecast, global and regional. 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. Final Report will add the analysis of the impact of COVID-19 on this industry. 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. North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region. For the purpose of this study, Grand View Research has segmented the global sparkling water market report on the basis of product, distribution channel, and region: Product Outlook (Revenue, USD Million, 2016 - 2028), Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028), Regional Outlook (Revenue, USD Million, 2016 - 2028). As of 2021, the global sparkling water industry has a market size of $33.43 billion. Specialists have also laid their focus on the upcoming business prospects. 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. The botanical ingredients are associated with immune support as well as another possible physical, mental and emotional attributes. 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. Is there a problem with this press release? 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. View Recipe. 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. data than referenced in the text. 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. Regional market sizes, concerning products by types, by application, and by players, are also provided. 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. During the initial months of the Covid-19 pandemic, a majority of public places and offices were shut, which led to a significant drop in the commercial demand for sparkling water. The global functional water market growth will be propelled by the development of innovative products and the launch of new flavors by manufacturers. Please create an employee account to be able to mark statistics as favorites. statistic alerts) please log in with your personal account. Chapter 2: Detailed analysis of Sparkling Water manufacturers competitive landscape, price, output and revenue market share, latest development plan, merger, and acquisition information, etc. 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. North America leads the global sparkling water market share, at 35%. 02-22-2023 01:21 AM CET | IT, New Media & Software Press release from: Insightace Analytics The growing consumer preference for sparkling water over sodas and sugary carbonated drinks is projected to drive the market over the forecast period. Chapter 14: The main points and conclusions of the report. Functional ingredients added water continues on a solid growth trajectory and, in fact, grew rapidly in the first half of 2020. The largest sparkling water brand in the world is San Pellegrino, with $901 million in sales and a market share of 4.9%. In addition to these mentioned factors, it encompasses several other factors that have contributed to the market's growth in recent years. 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 major players covered in the Sparkling Water market report are: Get a sample copy of the Sparkling Water Market report 2023. This product is a market research report. This acquisition has widened Keurig Dr Peppers water portfolio and through this acquisition, the company entered the caffeinated sparkling water market. See for yourself. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. The market is growing, owing to innovative product launches by companies and rising consumer inclination towards the product. 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. Various studies suggested that sparkling water is not as harmful as sodas for dental and bone health. 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 influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. The product is a PDF. under its LaCroix brand. Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. By Type (, Unflavored, Fruit-flavored). 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. Benefits such as improved intake, better digestion, and enhanced bone and heart health are influencing consumers to drink sparkling water. 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. A paid subscription is required for full access. Addition or alteration to country, regional & segment scope. It's also known as seltzer. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. This can be seen in the rising demand for beverages that contain ingredients with health and wellness value. Complimentary 10 hours free analyst time for market review, 3. The caffeinated segment is projected to register the fastest CAGR of 12.6% from 2021 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth. 1. 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 readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. Copyright 2023 MarketWatch, Inc. All rights reserved. This factor mainly promotes the growth of this segment. Please do not hesitate to contact me. 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. 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. Get full access to all features within our Business Solutions. Global Sparkling Water Market Report (119 Pages) offers unique and essential statistics, data, information, trends, and competitive landscape details for this specific industry sector. If you are an admin, please authenticate by logging in again. How much is the global functional water market worth? Your transaction & personal information is safe and secure. Regional and Private Label Brands Eye Expansions to Penetrate New Markets. There has been a rapid evolution in hydrating experience water ensuring sleep quality and water for the body-detox are some of the interesting innovations in this category. We know where we will be getting business intelligence from in the future., Thank you for sending the market report and data. We earn $400,000 and spend beyond our means. This product is a market research report. In. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. No purchase commitment. b. Beverage Industry Magazine. ", Beverage Industry Magazine, Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales Statista, https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/ (last visited March 04, 2023), Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales [Graph], Beverage Industry Magazine, July 16, 2021. Sparkling Bottled Water Market Growth and Forecast (2022-2027): According to the research report, the global sparkling bottled water market is expected to experience healthy growth rate in the near future. Availability of Substitutes Including Energy and Sports Drinks to Hamper Market Growth. 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. With this information, the ones in rate might be capable of create new techniques, which consciousness available in the marketplace possibilities in order to advantage them, making their commercial enterprise efforts profitable with inside the process. 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. Is there a problem with this press release? The Global Sparkling Water Market is estimated to be worth $76.95 billion by 2028. This is a very good piece of work and will be very helpful to us going forward. The growing demand for natural and healthy water among consumers is driving the growth of this market. In Europe, quick-service restaurants are expanding at a notable growth rate. 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). 5.1. Share article Citrus-ly Good Recipes! The online distribution channel is expected to register the fastest growth rate of 13.3% from 2021 to 2028. Danone S.A., The Coca-Cola Company, PepsiCo Inc., and Nestle S.A. are some of the top players in the market. People are better able to buy bulk food and other groceries in supermarkets. 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. We value your investment and offer free customization with every report to fulfil your exact research needs. 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. (July 16, 2021). The market is segmented by ingredient, distribution channel, and region. 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. 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. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. We use cookies to enhance your experience. The most important key figures provide you with a compact summary of the topic of "Bottled water market in the United States" and take you straight to the corresponding statistics. Are you interested in testing our business solutions? 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. All Rights Reserved. You can only download this statistic as a Premium user. Based on distribution channel, the market is categorized into supermarkets/hypermarkets, convenience stores, online retail, and others. These advertisements highlight the quality and hydration benefits of the product, and also emphasize taste and convenience. The fortified water drink contains 200 mg of L-theanine and 10% of the daily value of magnesium. Consumers are looking for dietary solutions to solve stress, lethargy, and weakened immunity because of their hectic lifestyles. 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. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! 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. Use Ask Statista Research Service. The others segment dominated the market and held a share of 36.4% in 2020. Get in touch with us. 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. (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. They have also talked about the growth opportunities that the segment may pose in the future. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. 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. Sparkling water market - Key market driver analysis. does detox tea make you pee,