The market in South America is expected to grow strongly, driven by strong demand for flavored, hygienic, and clean drinking water in the region. Consumer health and improved brand awareness have led to an increase in demand for premium bottled water. "The quality of research they have done for us has been excellent.". 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. The report also includes company description, major business, Sparkling Water product introduction, recent developments and Sparkling Water sales by region, type, application and by sales channel. Some of the key questions answered in this report: Sparkling Water Market - Covid-19 Impact and Recovery Analysis: We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. In. This is due to the dominance of plain or unflavoured sparkling water due to its lower price range. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and . Contact the source provider Comtex at editorial@comtex.com. The brand was closely followed by Private Label which accounted for 16.6% of the US sparkling water market share. 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. To analyze the Sugar-Free Sparkling Water with respect to individual growth trends, future prospects, and their contribution to the total market. Copyright 2023 Grand View Research, Inc. All rights reserved. data than referenced in the text. The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. Discounted price for multiple reports across domains, 2. Key players of bottled water are launching sparkling water to gain maximum market share. Functional beverages as a whole have robustly emerged as a preferred drink over soft drinks due to lower sugar content and lack of synthetic additives such as colors, flavors, and preservatives. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. The report will incorporate these insights. The sparkling bottled water market in the United States is dominant, accounting for 12% of total North American sales. The Global Sparkling Water Market was estimated to be valued at $29.71 billion in 2020. The growing interest among individuals in drinks providing a pleasurable bubbly sensation is driving the demand for sparkling water in the forecast period. Sparkling water market - Key market driver analysis. The market is segmented by ingredient, distribution channel, and region. Statista assumes no Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. Health Benefits of Product to Drive Sales during COVID-19 Pandemic. Chapter 4: Consumption of Sparkling Water in regional level and country level. Visit a quote page and your recently viewed tickers will be displayed here. It's positioning as the quintessential health drink continues to resonate with consumers. This can be seen in the rising demand for beverages that contain ingredients with health and wellness value. mesurer votre utilisation de nos sites et applications. It is available in many flavors and is devoid of sugar content and many other additives, unlike soda water. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. Sparkling Water Market Size, Share & Trends Analysis Report by Product (Natural/Mineral, Caffeinated), by Distribution Channel (Hypermarket & Supermarket, Online), by Region, and Segment Forecasts, 2021-2028. 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. What is the sparkling water market growth? These advertisements highlight the quality and hydration benefits of the product, and also emphasize taste and convenience. b. Furthermore, the product has a number of advantages; for instance, it helps improve digestion and may help relieve constipation. 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. We are happy to help. The Black Razzberry, Beach Plum, and Guava Sao Paulo are zero-sugar, zero-calorie sparkling waters which feature natural essences. 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 micronutrient is expected to be the leading segment based on ingredient in the global market during the forecast period. Their social media handles are filled with images of athletes (runners, swimmers, skaters, tennis players), and their cans feature striking and elegant animal prints. 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. 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. Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. The Research report on Sparkling Water Market Growth for 2023 provides a comprehensive analysis of the industry, including revenue projections, regional growth opportunities, business strategies, product offerings, and end-user analysis. By Application (, Hypermarkets and supermarkets, On-trade, Independent retailers, Convenience stores, Others), Many companies have established official economic ties with the organization, and individual advisors from all over the world have joined forces with 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. Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. In 2021, the global top five players had a share approximately % in terms of revenue. As consumers are seeking sparkling water with added benefits, manufacturers are trying to launch new variants of the product with caffeine in it. Some of the prominent players reviewed in the research report include: Get Sample Copy of Sparkling Water Market Report. Europe is the second-largest market for functional ingredients enriched water. under its LaCroix brand. This is an enterprise license, allowing all employees within your organization access to the product. This graph presents the market share of the leading bottled sparkling water brands in the United States in 2020. 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. 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. Currently, you are using a shared account. to incorporate the statistic into your presentation at any time. Sparkling Water Market size is expected to reach US$ 82.81 Bn by 2029, at a CAGR of 12% during the forecast period. The Global Sparkling Water Market is estimated to be worth $76.95 billion by 2028. 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. 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.
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