This is a 1-5 user license, allowing up to five users have access to the product. Moreover, the easy availability of this product across distribution channels is anticipated to boost the growth of this segment. The others segment dominated the market and held a share of 36.4% in 2020. You need a Statista Account for unlimited access. online dashboard trial. Drawing on insights from the IndexBox market report, we'll take a closer look at what's driving growth and innovation in . Free upgrade to enterprise license (allows to share across all company locations), 5. These solutions appear in the form of functional foods, as they have the additional function of providing nutritional and health benefits. This statistic is not included in your account. This product is a market research report. This is a single user license, allowing one user access to the product. The latest growing trend in this market is the rising demand for water fortified with minerals, vitamins, antioxidants, and more. The increase in demand for flavored bubbly and fizzy hydration products is projected to drive the segment growth. If you are an admin, please authenticate by logging in again. Chapter 13: Forecast by type and by application. 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. "Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales." 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. 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. This study bestows production and revenue data by type, and during the historical period and forecast period. We know where we will be getting business intelligence from in the future., Thank you for sending the market report and data. Sparkling Water Market Introduction: Sparkling water contains minerals, such as calcium, magnesium, and sodium, and it is naturally carbonated. In. 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. under its LaCroix brand. The growing consumer preference for sparkling water over sodas and sugary carbonated drinks is projected to drive the market over the forecast period. 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. 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. Portfolio expansion, i.e., new product development, remains one of the most preferred strategies by key market players worldwide. Furthermore, the product has a number of advantages; for instance, it helps improve digestion and may help relieve constipation. 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. 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. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. 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. At what CAGR is the functional water market projected to grow in the forecast period (2021-2028)? Sparkling water is one of the fastest . It provides a quantitative analysis of the market size and development potential of each region in the next six years. 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. Consumers are looking for dietary solutions to solve stress, lethargy, and weakened immunity because of their hectic lifestyles. Thus, the demand for drinks featuring these ingredients has grown and is expected to grow in the future. The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the pandemic. As a Premium user you get access to the detailed source references and background information about this statistic. Register in seconds and access exclusive features. The botanical ingredients are associated with immune support as well as another possible physical, mental and emotional attributes. dvelopper et amliorer nos produits et services. 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 micronutrient is expected to be the leading segment based on ingredient in the global market during the forecast period. 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). 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. Sparkling water is generally just water infused with pressurized carbon dioxide. 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. Which is the leading segment based on ingredient in the functional water market? 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. Get a sample PDF of the report at - https://www.marketresearchguru.com/enquiry/request-sample/17205643. The wide availability of substitutes like plant-based waters, which provide the same health benefits as functional ingredients enriched water, is anticipated to hamper the growth of this market. All rights reserved. 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. We are happy to help. Nonetheless, the utilization of novel ingredients is gaining traction. Who are the key players in the sparkling water market? 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. functional beverages and bottled water both of these sectors exhibit strong dominance of key global brands intensely seeking the consolidation of the overall market. North America held the largest share of over 35.0% in 2020. Looking forward to work together on similar projects, We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. Mandarin Orange Cream Popsicles Pureed mandarins, creamy greek yogurt and . This acquisition has widened Keurig Dr Peppers water portfolio and through this acquisition, the company entered the caffeinated sparkling water market. 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. This factor mainly promotes the growth of this segment. 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. 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. Use Ask Statista Research Service. You can only download this statistic as a Premium user. 495.00. 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 market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. Please fill out the form below for a free PDF report sample & Which distribution channel led the sparkling water market? Danone S.A., The Coca-Cola Company, PepsiCo Inc., and Nestle S.A. are some of the top players in the market. This product is a market research report. 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. Functional ingredients added water continues on a solid growth trajectory and, in fact, grew rapidly in the first half of 2020. It's positioning as the quintessential health drink continues to resonate with consumers. 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. Share article Citrus-ly Good Recipes! 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. Proliferating Demand for Fortified Beverage to Support Market Growth. Based on product type: this report displays the production, revenue, price, and market share and growth rate of each type, primarily split into: On the basis of the end users/applications: this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including: Sparkling Water Market - Regional Analysis: Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Sparkling Water in these regions, from 2015 to 2027, covering, Inquire more and share questions if any before the purchase on this report at https://www.360marketupdates.com/enquiry/pre-order-enquiry/22380166. Changing Eating Patterns and Increased Focus on Health. The global sparkling water market is projected to grow at a CAGR of 12. . To use individual functions (e.g., mark statistics as favourites, set 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. For instance, in 2020, Ocean Spray Cranberries, Inc., an American-based company, launched B1U, a new series of functional beverages made with simple ingredients and in recyclable packaging. Consumer trends are shifting towards impulsive purchases of food and beverages. Im 66, we have more than $2 million, I just want to golf can I retire. 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.