The rising consumer interest in health and wellness has put a spotlight on functional nutrition. We earn $400,000 and spend beyond our means. Feb 09, 2023 (The Expresswire) -- The sparkling bottled water market in the United States is dominant, accounting for 12% of total North American sales. The growing interest among individuals in drinks providing a pleasurable bubbly sensation is driving the demand for sparkling water in the forecast period. In addition to these mentioned factors, it encompasses several other factors that have contributed to the market's growth in recent years. 02-22-2023 01:21 AM CET | IT, New Media & Software Press release from: Insightace Analytics Olha will help you find what you are looking for. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. 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. Report Coverage & Deliverables PDF report & online dashboard will help you understand: Competitive benchmarking Historical data & forecasts Drawing on insights from the IndexBox market report, we'll take a closer look at what's driving growth and innovation in . Please create an employee account to be able to mark statistics as favorites. Jon Stewart to GOP state senator: You dont give a flying f about gun violence. 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. Supermarket/Hypermarkets is expected to be the leading distribution channel for the sales of the product. As a Premium user you get access to the detailed source references and background information about this statistic. Changing Eating Patterns and Increased Focus on Health. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. https://www.fortunebusinessinsights.com/industry-reports/functional-water-market-100279, Balance Water Company LLC. Evolving dietary consumption pattern is a key market trend. Profit from the additional features of your individual account. Get in touch with us. Distribution Channel Movement Analysis & Market Share, 2020 & 2028, 7.1. The report was very accurate and as per my requirements. The others segment dominated the market and held a share of 36.4% in 2020. The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the . They have additional health benefits, and these benefits can range from increased energy to hydration and probiotic energy. However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. We value your investment and offer free customization with every report to fulfil your exact research needs. The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. Final Report will add the analysis of the impact of COVID-19 on this industry. Our support available to help you 24 hours a day, five days a week. Regional market sizes, concerning products by types, by application, and by players, are also provided. Various studies suggested that sparkling water is not as harmful as sodas for dental and bone health. As of 2021, the global sparkling water industry has a market size of $33.43 billion. 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, What's next for bonds in 2023 after the worst year in history. The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. By continuing to visit this site you agree to our use of cookies . This study bestows production and revenue data by type, and during the historical period and forecast period. 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. Are you interested in testing our business solutions? The global sparkling water market is projected to grow at a CAGR of 12. . Mandarin Orange Cream Popsicles Pureed mandarins, creamy greek yogurt and . North America dominated the market by accounting for over 35.0% in 2020 owing to the high product adoption in the region. Copyright 2023 MarketWatch, Inc. All rights reserved. Choose reports from a database of more than 10,000 reports. 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. $77 Billion Market Size 12.5% CAGR Europe Dominating Region 2022-2030 Forecast Period Segmentation By Type Natural/Mineral Sparkling Water Caffeinated Sparkling Water By Distribution Channel Store-Based Non-Store-Based The growing demand for natural and healthy water among consumers is driving the growth of this market. We are happy to help. Europe accounted for a significant share in 2020. online dashboard trial. The MarketWatch News Department was not involved in the creation of this content. Due to varying update cycles, statistics can display more up-to-date This product is a market research report. The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. Please do not hesitate to contact me. Which region dominated the sparkling water market? Mergers & acquisitions and product launches are among the key strategies taken up by the market players. 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. Get a sample PDF of the report at - https://www.marketresearchguru.com/enquiry/request-sample/17205643. 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. 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 . 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. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Which distribution channel is expected to dominate the global market? Free upgrade to enterprise license (allows to share across all company locations), 5. on: Celebrate citrus this season with fresh recipes featuring some of your favorite citrus like grapefruits, lemons, mandarins, blood oranges and so much more! 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. [Online]. Supermarkets and hypermarkets hold sway in the distribution channels for the product sales this retail distribution is leading based on the variety, availability, and accessibility of enhanced water. 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 market covers all packaged still, sparkling and flavoured water. Moreover, the wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels. Consumer health and improved brand awareness have led to an increase in demand for premium bottled water. 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. 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. b. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Market size is based on retail (off trade) and non-retail (on trade) sales. Key global players, recent developments & their impact on the industry, 1. 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 . Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the 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. The growing demand for natural and healthy water among consumers is driving the segment. 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. Report moreover done a pastel evaluation within the business enterprise to study key influencers and boundaries to entry. 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. 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. 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. 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. This website uses cookies to ensure you get the best experience. The Global Sparkling Water Market is estimated to be worth $76.95 billion by 2028. 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. Which is the leading segment based on ingredient in the functional water market? Please wait while we are processing your request Sparkling Water Market Share & Trends Report, 2021-2028. 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. 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 Sparkling Water Market was estimated to be valued at $29.71 billion in 2020. Flavored sparkling water costs around US$ 1.72 and normal or unflavoured costs around US$ 0.70, which has positively impacted the demand of the plain market. We are GDPR and CCPA compliant! 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. Contact the source provider Comtex at editorial@comtex.com. Proliferating demand for fortified beverage is a key factor that drives the markets growth. "Market Intelligence that Adds Flavour to Your Success", Region : Global | Format: PDF | Report ID: FBI100279. Furthermore, membership programs offered by these stores include benefits such as discounts and access to unlimited free delivery to enhance the shopping experience of the customers. 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. The shift in consumers shopping behavior is one of the major factors driving sales through the online channel. It's positioning as the quintessential health drink continues to resonate with consumers. What are the factors driving the sparkling water market. 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 report offers various insights on the overview of related markets, recent industry developments such as mergers & acquisitions, the regulatory scenario in key countries, and key market trends. You can also contact MarketWatch Customer Service via our Customer Center. Whats our next move? The innovation in bottling (packaging) technology, coupled with a strengthening retail distribution scenario, further facilitates the market for functional ingredients enriched water. 6. In addition, we are constantly inclined to conform to the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective. 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 report provides qualitative and quantitative insights on the functional water industry and detailed analysis on the market size & growth rate for all possible segments in the market. In 2021, the global top five players had a share approximately % in terms of revenue. Accessed March 04, 2023. https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/, Beverage Industry Magazine. Natural/mineral sparkling water held the largest share of more than 60.0% in 2020. For more details, please read our privacy policy. 495.00. "The quality of research they have done for us has been excellent.". You need at least a Starter Account to use this feature. (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. Free business intelligence platform with subscription, 4. Regional Movement Analysis & Market Share, 2020 & 2028, 8.1. HVAC (Heating, Ventilation, & Air Conditioning), Sparkling Water Market Analysis Report - Industry Size, Trends, Insights, Market Share, Competition, Opportunities, and Growth Forecasts by Segments, 2022 to 2029, Alcoholic Infused Sparkling Water Market Analysis Report - Industry Size, Trends, Insights, Market Share, Competition, Opportunities, and Growth Forecasts by Segments, 2022 to 2029, Bottled Water Market Size, Share & Trends Analysis Report by Product (Spring Water, Purified Water, Mineral Water, Sparkling Water), by Distribution Channel (On-trade, Off-trade), by Region, and Segment Forecasts, 2022-2030, Alcoholic Sparkling Water Market Outlook in 2023 and Beyond: Market Size, Market Share, Growth Opportunities, Trends, Forecasts by Types, Applications and Companies to 2030, Global Sparkling Water Market - Forecasts from 2022 to 2027. to incorporate the statistic into your presentation at any time. 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. Published by Statista Research Department , Oct 7, 2016 This statistic shows the sales value of sparkling water in the United States from 2015 to 2016, and provides a forecast until 2021. This new sparkling beverage has no carbohydrates, sweeteners, or sodium, and has a unique flavor of the hibiscus flower. This website is secure and your personal details are safe. b. North America held the largest share of over 35.0% in 2020. Statista assumes no Avail customized purchase options to meet your exact research needs. HAVE A QUESTION? 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. 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. . liability for the information given being complete or correct. Looking forward to work together in the future, It has been a delightful experience working with you guys. Sparkling Water Market Size is anticipated to reach USD 77 Billion by 2030, registering a CAGR of 12.5% during 2022-2030. North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. The global sparkling water market size was estimated at USD 29.71 billion in 2020 and is expected to reach USD 33.43 billion in 2021. b. Thank you!, I recommend Fortune Business Insights for their honesty and flexibility. Each license type allows a set number of users to access the report. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The botanical ingredients are associated with immune support as well as another possible physical, mental and emotional attributes. High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. The enhanced waters are generally micronutrients-fortified, hence a dominating segment. Functional ingredients added water continues on a solid growth trajectory and, in fact, grew rapidly in the first half of 2020. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. The major players covered in the Sparkling Water market report are: Get a sample copy of the Sparkling Water Market report 2023. The MarketWatch News Department was not involved in the creation of this content. In addition to eating correctly, consumers are increasingly aware of the importance of drinking correctly. 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 demand for natural functional drinks is growing as consumers are now more inclined towards safe, clean-labeled, and hygienic ingredients. In this section, the readers will gain an understanding of the key players competing. statistic alerts) please log in with your personal account. Which product segment accounted for the largest sparkling water market share? 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. This report has studied every segment and provided the market size using historical data. It is available in many flavors and is devoid of sugar content and many other additives, unlike soda water. Moreover, the bundling strategy and economical pricing are responsible for higher sales of functional ingredients added water among supermarkets. This report aims to provide a comprehensive presentation of the global market for Sparkling Water, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sparkling Water. Global Sparkling Water Market Report (119 Pages) offers unique and essential statistics, data, information, trends, and competitive landscape details for this specific industry sector. The fortified water drink contains 200 mg of L-theanine and 10% of the daily value of magnesium. 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. This report can help to understand the relevant market and consumer trends that are driving the Sparkling Water market. Chapter 11: Production and supply forecast, global and regional, Chapter 12: Consumption and demand forecast, global and regional. The increasing demand for fortified drinks with the inclusion of essential ingredients like vitamins, minerals, amino acids, and proteins is anticipated to drive the market for functional ingredients enriched water. Its capability to help decrease the intake of sugar upsurges the consumption of the product as it helps to prevent consumers against diabetes. For the 52 weeks ended May 17, 2020, private labels held a market share. 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.