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. How much is the global functional water market worth? Furthermore, over the past few years, an increase in the number of commercial advertisements for bottled water has been playing an important role in boosting brand visibility. Distribution Channel Movement Analysis & Market Share, 2020 & 2028, 7.1. Based on ingredient analysis, the market is divided into micronutrient, botanical extract, and others. 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. Sparkling Water Market Size, Share and Trends Analysis Report Benefits such as improved intake, better digestion, and enhanced bone and heart health are influencing consumers to drink sparkling water. to incorporate the statistic into your presentation at any time. The online distribution channel is expected to register the fastest CAGR of 13.3% from 2021 to 2028. Sparkling Water Market Report 2021: Market Size is Expected to be 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. The demand for natural functional drinks is growing as consumers are now more inclined towards safe, clean-labeled, and hygienic ingredients. 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. North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. We are GDPR and CCPA compliant! Im 66, we have more than $2 million, I just want to golf can I retire. The Black Razzberry, Beach Plum, and Guava Sao Paulo are zero-sugar, zero-calorie sparkling waters which feature natural essences. 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. Remarkable job and great efforts by your research team. The various benefits that sparkling water is providing include helping to stay hydrated longer, reduce weight, maintain blood pressure, and others. The sparkling water market competitive landscape provides details by competitor. 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. The rising consumer preference for healthy alternatives to soft drinks is the major factor driving the segment. 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. Show publisher information This is foreseen to bode well for the regional market in the coming years. Apart from business strategies, the study includes current developments and key financials. Regional Movement Analysis & Market Share, 2020 & 2028, 8.1. 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. The sparkling water market [compound annual growth rate] (CAGR) from 2015-2019 was 15.8% compared to 5.8% for still water." When it comes to healthy hydration, bottled water, flavored still and sparkling waters, and enhanced waters are in high demand because of the healthy hydration they provide on the go. 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 online distribution channel is expected to register the fastest growth rate of 13.3% from 2021 to 2028. Which region dominated the sparkling water market? 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. For instance, a Swedish company, Vitamin Well, is asking brand ambassadors to reinforce its motto: "rich in function, low in calories." data than referenced in the text. Sparkling Water Market Share & Trends Forecast Report 2028 Sparkling Water Market size was valued at USD 27.9 billion in 2020 and is anticipated to grow at a CAGR of 11.98% during forecast period.The "sparkle" in sparkling water can also occur naturally, or it can be made artificially using a sparkling water system. Copyright 2023 Grand View Research, Inc. All rights reserved. Contact the source provider Comtex at editorial@comtex.com. Report Coverage & Deliverables PDF report & online dashboard will help you understand: Competitive benchmarking Historical data & forecasts People also appreciate the artistic and easy-to-see bottle designs, along with attractive labels and stylish bottle shapes that set them apart from the usual water bottles they are used to seeing. 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. Consumers are increasingly seeking fortified food and drink products for certain functional benefits such as energy, relaxation, mental focus, and health support. It provides a quantitative analysis of the market size and development potential of each market segment in the next six years. 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. What is the sparkling water market growth? Our support available to help you 24 hours a day, five days a week. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. 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 addition to eating correctly, consumers are increasingly aware of the importance of drinking correctly. View Recipe. 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 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. You can only download this statistic as a Premium user. By Type (, Unflavored, Fruit-flavored). Free business intelligence platform with subscription, 4. This can be seen in the rising demand for beverages that contain ingredients with health and wellness value. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. Share article Citrus-ly Good Recipes! Copyright 2023 MarketWatch, Inc. All rights reserved. The market is growing, owing to innovative product launches by companies and rising consumer inclination towards the product. The product is a PDF. 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. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. We value your investment and offer free customization with every report to fulfil your exact research needs. 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. These solutions appear in the form of functional foods, as they have the additional function of providing nutritional and health benefits. The demand for a product with performance enhancement, cognitive enhancement, immune boosting, and other properties is increasing, which is a positive factor for the market. This graph presents the market share of the leading bottled sparkling water brands in the United States in 2020. Due to varying update cycles, statistics can display more up-to-date Olha will help you find what you are looking for. Sparkling Water Market Size, Share & Trends Analysis Report By Product (Natural/Mineral, Caffeinated), By Distribution Channel (Hypermarket & Supermarket, Online), By Region, And Segment Forecasts . This market covers all packaged still, sparkling and flavoured water. Based on distribution channel, the market is categorized into supermarkets/hypermarkets, convenience stores, online retail, and others. Complimentary 10 hours free analyst time for market review, 3. Which distribution channel led the sparkling water market? This is a very good piece of work and will be very helpful to us going forward. Feb 09, 2023 (The Expresswire) -- 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. 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. 5.1. 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. In. The demand from sparkling water is significantly increasing owing to health benefits associated with it such as weight management, improves digestion, and provides . You can also contact MarketWatch Customer Service via our Customer Center. They have additional health benefits, and these benefits can range from increased energy to hydration and probiotic energy. Accessed March 04, 2023. https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/, Beverage Industry Magazine. In addition, due to the increasing standard of living, many people switch from carbonated water to functional ingredients added water. 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. Available: https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/, Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales, Available to download in PNG, PDF, XLS format, Volume of bottled water sold in the U.S. 2010-2021, Volume growth of bottled water in the U.S. 2007-2020, Leading vendors of bottled water in the U.S. 2020, based on sales, Volume of U.S. water imports 2020, by country, Value of U.S. water imports 2020, by country, Value of U.S. water exports 2020, by country, Volume of U.S. water exports 2020, by country, Key brands' market share of bottled sparkling water in the U.S. 2021, Dollar sales growth of sparkling water in the U.S. 2021, by brand, Bottled water market: volume growth by country 2011, Bottled water market: volume share in Western Europe by country 2011, Packaged water: global market value share 2015, by category, Bottled water market: volume share worldwide 2015-2020, by country, Bottled water market: volume in Western Europe 2006-2011, Segment growth of bottled water in the U.S. 2015, Bottled water market: volume share worldwide by type 2006-2011, Sparkling and mineral water dollar sales in U.S. c-stores 2021, by brand, Sparkling and mineral water unit sales in U.S. c-stores 2021, by brand, Sparkling water retail sales value in South Korea 2012-2016, Sparkling water sales in convenience stores in South Korea 2014-2016, Top bottled water brand market share in China 2018, Bottled water retail sales growth in China 2014-2019, Retail sales value of sparkling unflavored bottled water in China 2011-2019, Sparkling water sales in independent grocers in South Korea 2014-2016, Per capita consumption of flavored water in the U.S. 2010-2022, Bottled water market in the United States, Non-alcoholic beverages and soft drinks in the United States, Find your information in our database containing over 20,000 reports, Perrier was ranked as the fifth leading bottled sparkling water brand, per capita consumption of bottled water in the United States. U.S. bottled water market - statistics & facts | Statista Please fill out the form below for a free PDF report sample & What are the factors driving the sparkling water market. All rights reserved. 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. Sparkling Bottled Water Market - Market Data Forecast North America is expected to hold the highest market share. "The quality of research they have done for us has been excellent.". This website uses cookies to ensure you get the best experience. U.S. sparkling water market value, 2015-2021 | Statista 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. Learn more about how Statista can support your business. At what CAGR is the functional water market projected to grow in the forecast period (2021-2028)? That is why different water brands have different tastes as per their bottling sources. Micronutrient Segment to Dominate due to Growing Consumer Inclination towards Natural Ingredients. For more details, please read our privacy policy. As of 2021, the global sparkling water industry has a market size of $33.43 billion. 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 . You can also contact MarketWatch Customer Service via our Customer Center. Choose reports from a database of more than 10,000 reports. The rise in CAGR is attributable to this markets demand and growth, returning to pre-pandemic levels once the pandemic is over. In terms of production side, this report researches the Sparkling Water Faucet and Dispenser production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2023, and forecast to 2028. The sparkling bottled water market in the United States is. Based on our analysis, the market exhibited a growth of 8.33% in 2020 than the average year-on-year growth during 2017-2019. For the 52 weeks ended May 17, 2020, private labels held a market share. Get a Sample PDF of report: https://www.360marketupdates.com/enquiry/request-sample/22380166. https://www.360marketupdates.com/enquiry/request-sample/22380166, https://www.360marketupdates.com/enquiry/pre-order-enquiry/22380166, https://www.360marketupdates.com/purchase/22380166, Sparkling Water Market 2023 Size, Share, Top Players Resorch report Forecast 2029. 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. Convenience stores help consumers on the go stay hydrated, and with consumers increasingly looking for healthier options, there are plenty of opportunities to promote and grow sales of functional ingredients added water. 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. 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. 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. It provides a quantitative analysis of the market size and development potential of each region in the next six years. 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 Global markets are presented by Sparkling Water type, along with growth forecasts through 2028. Request a Free sample to learn more about this report. Understanding the segments helps in identifying the importance of different factors that aid the market growth. In 2021, the global top five players had a share approximately % in terms of revenue. Copyright 2002-2023 Research and Markets. These drinks are a good substitute for coffee drinks, sweetened teas, and conventional energy drinks. 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. Moreover, the wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels.