It's also known as seltzer. 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. to incorporate the statistic into your presentation at any time. Moreover, the bundling strategy and economical pricing are responsible for higher sales of functional ingredients added water among supermarkets. Whats our next move? As per U.S. Food and Drug Administration (FDA), Sparkling mineral water is . Drawing on insights from the IndexBox market report, we'll take a closer look at what's driving growth and innovation in . After COVID-19, consumers have become more anxious, and they have started giving priority to immune health. In Europe, quick-service restaurants are expanding at a notable growth rate. The others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. This statistic is not included in your account. North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region. Natural/mineral sparkling water held the largest share of more than 60.0% in 2020. Please select an option from the list below. From the rise of premium and functional waters to the growing demand for sustainable packaging, the bottled water market is constantly evolving. With the growing trend of leading a healthy lifestyle among all age groups, people around the globe are gradually shifting to healthy and innovative drinks, including sparkling water. Looking forward to work together on similar projects, We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. Understanding the segments helps in identifying the importance of different factors that aid the market growth. 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. Report Coverage & Deliverables PDF report & online dashboard will help you understand: Competitive benchmarking Historical data & forecasts 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. We use cookies to enhance your experience. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. Register in seconds and access exclusive features. The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the pandemic. "Market Intelligence that Adds Flavour to Your Success", Region : Global | Format: PDF | Report ID: FBI100279. This factor mainly promotes the growth of this segment. Specialists have also laid their focus on the upcoming business prospects. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. People are better able to buy bulk food and other groceries in supermarkets. 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 Report 58 Pages April 2021 Region: Global Grand View Research ID: 5318373 Description Table of Contents Companies Mentioned Methodology Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. This is due to the dominance of plain or unflavoured sparkling water due to its lower price range. Based on the category, plain is expected to dominate the market over the forecast period. Visit a quote page and your recently viewed tickers will be displayed here. 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. It provides a quantitative analysis of the market size and development potential of each region in the next six years. 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. Competitive Landscape and Sparkling Water Market Share Analysis. Sparkling Water Market Size is anticipated to reach USD 77 Billion by 2030, registering a CAGR of 12.5% during 2022-2030. Together with the optimistic revenue projections. Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales [Graph]. They have additional health benefits, and these benefits can range from increased energy to hydration and probiotic energy. Consumers are increasingly seeking fortified food and drink products for certain functional benefits such as energy, relaxation, mental focus, and health support. 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. Remarkable job and great efforts by your research team. In addition to eating correctly, consumers are increasingly aware of the importance of drinking correctly. https://www.marketresearchguru.com/enquiry/request-sample/17205643, https://www.marketresearchguru.com/enquiry/pre-order-enquiry/17205643, https://marketresearchguru.com/enquiry/request-covid19/17205643, https://marketresearchguru.com/purchase/17205643, https://marketresearchguru.com/TOC/17205643#TOC, Sparkling Water Market 2023 Share Analysis: Understanding How Your Business Stacks Up Against Competitors. Moreover, the wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels. The growing demand for natural and healthy water among consumers is driving the segment. 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. 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. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. Europe is the second-largest market for functional ingredients enriched water. 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. The caffeinated segment is projected to register the fastest CAGR of 12.6% from 2021 to 2028. In addition, due to the increasing standard of living, many people switch from carbonated water to functional ingredients added water. This acquisition has widened Keurig Dr Peppers water portfolio and through this acquisition, the company entered the caffeinated sparkling water market. Global markets are presented by Sparkling Water type, along with growth forecasts through 2028. Availability of Substitutes Including Energy and Sports Drinks to Hamper Market Growth. The Black Razzberry, Beach Plum, and Guava Sao Paulo are zero-sugar, zero-calorie sparkling waters which feature natural essences. To Understand How Covid-19 Impact Is Covered in This Report - https://marketresearchguru.com/enquiry/request-covid19/17205643. Contact the source provider Comtex at editorial@comtex.com. The global sparkling water market is projected to grow at a CAGR of 12. . 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. under its LaCroix brand. To know how our report can help streamline your business, Speak to Analyst, Supermarkets/Hypermarkets to Dominate owing to Growing Trend of Impulse Grocery Buying. The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. The brand was closely followed by Private Label which accounted for 16.6% of the US sparkling water market share. 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. The market is growing, owing to innovative product launches by companies and rising consumer inclination towards the product. North America Functional Water Market Size, 2020 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. Sparkling Water Market Size, Share and Trends Analysis Report 2023-2030. This is an enterprise license, allowing all employees within your organization access to the product. Flavored sparkling water costs around US$ 1.72 and normal or unflavoured costs around US$ 0.70, which has positively impacted the demand of the plain market. The rising consumer preference for healthy alternatives to soft drinks is the major factor driving the segment. 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. Proliferating Demand for Fortified Beverage to Support Market Growth. For instance, a Swedish company, Vitamin Well, is asking brand ambassadors to reinforce its motto: "rich in function, low in calories." Market Overview: We earn $400,000 and spend beyond our means. The increase in demand for flavored bubbly and fizzy hydration products is projected to drive the segment growth. The enhanced waters are generally micronutrients-fortified, hence a dominating segment. 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. 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. In. b. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Please do not hesitate to contact me. Consumers look for better-for-you alternatives to carbonated soft drinks (CSDs), and the innovation in flavor is driving the functional ingredients enriched water category's success. View Recipe. This study bestows production and revenue data by type, and during the historical period and forecast period. Please create an employee account to be able to mark statistics as favorites. As a Premium user you get access to the detailed source references and background information about this statistic. . 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. Thank you!, I recommend Fortune Business Insights for their honesty and flexibility. Get full access to all features within our Business Solutions. Olha will help you find what you are looking for. 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. 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. Which distribution channel is expected to dominate the global market? 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. 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. Consumer trends are shifting towards impulsive purchases of food and beverages. Health Benefits of Product to Drive Sales during COVID-19 Pandemic. Currently, you are using a shared account. ", 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. Based on our analysis, the market exhibited a growth of 8.33% in 2020 than the average year-on-year growth during 2017-2019. North America leads the global sparkling water market share, at 35%. In this section, the readers will gain an understanding of the key players competing. Free business intelligence platform with subscription, 4. Hence, several consumers consider carbonated water as a healthier alternative to soda and sugary carbonated drinks. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! The hypermarket and supermarket and convenience stores together held a significant share in 2020. The global functional water market size was USD 12.86 billion in 2020. By continuing to visit this site you agree to our use of cookies . data than referenced in the text. 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. Distribution Channel Movement Analysis & Market Share, 2020 & 2028, 7.1. Bottled Water in Denmark (2019) - Market Sizes. The online distribution channel is expected to register the fastest growth rate of 13.3% from 2021 to 2028. Along with this, the report provides an elaborative analysis of the market dynamics and competitive landscape. We are GDPR and CCPA compliant! Changing Eating Patterns and Increased Focus on Health. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. The demand for natural functional drinks is growing as consumers are now more inclined towards safe, clean-labeled, and hygienic ingredients. Get in touch with us. Henceforth, functional ingredients added to water are quickly emerging as a distinct and recognizable category. Please wait while we are processing your request Sparkling Water Market Share & Trends Report, 2021-2028. 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. You only have access to basic statistics. This is a 1-5 user license, allowing up to five users have access to the product. This product is a market research report. The ideal entry-level account for individual users. B1U has launched a series of functional infused water with no sugar or artificial sweeteners. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. statistic alerts) please log in with your personal account. Im 66, we have more than $2 million, I just want to golf can I retire. (July 16, 2021). 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. Free trial, before you make a purchase decision. Thank you Fortune Business Insights for your efforts and prompt response, I had a great experience working with Fortune Business Insights. The latest growing trend in this market is the rising demand for water fortified with minerals, vitamins, antioxidants, and more. Global Sparkling Water Market Report (119 Pages) offers unique and essential statistics, data, information, trends, and competitive landscape details for this specific industry sector. No purchase commitment. 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. 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. Some of the prominent players reviewed in the research report include: Get Sample Copy of Sparkling Water Market Report. The growing demand for natural and healthy water among consumers is driving the growth of this market. These advertisements highlight the quality and hydration benefits of the product, and also emphasize taste and convenience. Looking forward to work together in the future, It has been a delightful experience working with you guys. Proliferating demand for fortified beverage is a key factor that drives the markets growth. 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. Beverage Industry Magazine. 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. Nonetheless, the utilization of novel ingredients is gaining traction. b. This is a single user license, allowing one user access to the product. Clicking on the following button will update the content below. 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.