Innovative Product Development Efforts by Manufacturers to Drive Market Growth. A paid subscription is required for full access. Mergers & acquisitions and product launches are among the key strategies taken up by the market players. Estimates on production and value are based on the price in the supply chain at which the Sparkling Water are procured by the manufacturers. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Proliferating demand for fortified beverage is a key factor that drives the markets growth. 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. For instance, in January 2020, Keurig Dr Pepper Inc. acquired Limitless, a U.S.-based caffeinated sparkling water company. In, Beverage Industry Magazine. https://www.fortunebusinessinsights.com/industry-reports/functional-water-market-100279, Balance Water Company LLC. 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 Show publisher information By product, the natural/mineral segment held the largest share of more than 60.0% in 2020. functional beverages and bottled water both of these sectors exhibit strong dominance of key global brands intensely seeking the consolidation of the overall market. The product is a PDF. Regional Movement Analysis & Market Share, 2020 & 2028, 8.1. 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. 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). The growing interest among individuals in drinks providing a pleasurable bubbly sensation is driving the demand for sparkling water in the forecast period. They have additional health benefits, and these benefits can range from increased energy to hydration and probiotic energy. Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. Please fill out the form below for a free PDF report sample & 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. 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. In this section, the readers will gain an understanding of the key players competing. 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. We are happy with the professionalism of your in-house research team as well as the quality of your research reports. In this article, we'll dive into the latest consumer trends and insights, as well as highlight the top companies in the industry. 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. This website uses cookies to ensure you get the best experience. 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. Chapter 3: Production/output, value of Sparkling Water by region/country. In addition to these mentioned factors, it encompasses several other factors that have contributed to the market's growth in recent years. Sparkling Water Market Size is anticipated to reach USD 77 Billion by 2030, registering a CAGR of 12.5% during 2022-2030. 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. Remarkable job and great efforts by your research team. This new sparkling beverage has no carbohydrates, sweeteners, or sodium, and has a unique flavor of the hibiscus flower. 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. Market size is based on retail (off trade) and non-retail (on trade) sales. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. Looking forward to work together on similar projects, We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. Based on the category, plain is expected to dominate the market over the forecast period. At what CAGR is the functional water market projected to grow in the forecast period (2021-2028)? North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. 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. Which region is expected to hold the highest share in the market? "Market Share of The Leading Seltzer, Bottled Sparkling/Mineral Water Brands in The United States in 2021, Based on Sales. Free business intelligence platform with subscription, 4. 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. Sparkling Water Market Size Worth $55.3 Billion by 2028 at 11.7% CAGR, COVID-19 Impact and Global Analysis by The Insight Partners What you need to know from Costco's earnings call. For the purpose of this study, Grand View Research has segmented the global sparkling water market report on the basis of product, distribution channel, and region: Product Outlook (Revenue, USD Million, 2016 - 2028), Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028), Regional Outlook (Revenue, USD Million, 2016 - 2028). Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. However, with more relaxations on rules, the market for the aforementioned functional ingredients added water has started gaining traction again. The growing demand for natural and healthy water among consumers is driving the growth of this market. ", 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. 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. The innovation in bottling (packaging) technology, coupled with a strengthening retail distribution scenario, further facilitates the market for functional ingredients enriched water. Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales [Graph]. Some of the prominent players reviewed in the research report include: Get Sample Copy of Sparkling Water Market Report. under its LaCroix brand. Natural/mineral sparkling water held the largest share of more than 60.0% in 2020. 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. Moreover, the bundling strategy and economical pricing are responsible for higher sales of functional ingredients added water among supermarkets. Copyright 2023 MarketWatch, Inc. All rights reserved. For the 52 weeks ended May 17, 2020, private labels held a market share. 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. As a Premium user you get access to the detailed source references and background information about this statistic. In. Apart from business strategies, the study includes current developments and key financials. Sparkling Water Market Introduction: Sparkling water contains minerals, such as calcium, magnesium, and sodium, and it is naturally carbonated. Get in touch with us. Whats our next move? As soon as this statistic is updated, you will immediately be notified via e-mail. Sparkling Water Market - Competitive and Segmentation Analysis: This Sparkling Water Market report offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2017-2023. 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. The caffeinated segment is projected to register the fastest CAGR of 12.6% from 2021 to 2028. Whats our next move? to incorporate the statistic into your presentation at any time. 2.2 Global Sugar-Free Sparkling Water Revenue Market Share by Manufacturers (2017-2022) 2.3 Sugar-Free Sparkling Water Market Share by Company Type (Tier 1, Tier 2 and Tier 3) Vous pouvez modifier vos choix tout moment en cliquant sur le lien Tableau de bord sur la vie prive prsent sur nos sites et dans nos applications. Moreover, the wide availability of both premium and private label brands at these stores attract consumers to purchase products through these channels. 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. 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. Copyright 2002-2023 Research and Markets. Distribution Channel Movement Analysis & Market Share, 2020 & 2028, 7.1. North America is expected to hold the highest market share. Chart. Chapter 6: Provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets. "Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales." It provides a quantitative analysis of the market size and development potential of each market segment in the next six years. Consumers are increasingly seeking fortified food and drink products for certain functional benefits such as energy, relaxation, mental focus, and health support. Key players of bottled water are launching sparkling water to gain maximum market share. Revenue of the cosmetic & beauty industry in the U.S. 2002-2022, Value of the leading global textile exporters in 2021, by country, Vegetable oils: global consumption 2013/14 to 2022/23, by oil type, Cocoa bean production worldwide 2019/20-2021/22, by country, World coffee per capita consumption: major consumer countries 2015, Cosmetics Industry in the U.S. - statistics & facts, Profit from additional features with an Employee Account. Visit a quote page and your recently viewed tickers will be displayed here. The largest sparkling water brand in the world is San Pellegrino, with $901 million in sales and a market share of 4.9%. These drinks are a good substitute for coffee drinks, sweetened teas, and conventional energy drinks. Consumers are exhibiting an ever-growing inclination towards exotic ingredients and bold flavors that not only appeal to the palette but also are functional in terms of the overall nutritional profile. 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. After COVID-19, consumers have become more anxious, and they have started giving priority to immune health. Complimentary 10 hours free analyst time for market review, 3. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. The active principles from a variety of super fruits, herbal extracts, and other plant-based ingredients are known to not only serve the functional role of synthetic additives but also substantially increase the nutritional profiles of specialty water. . This product is a market research report. Which product segment accounted for the largest sparkling water market share? North America Functional Water Market Size, 2020 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. The sparkling bottled water market in the United States is dominant, accounting for 12% of total North American sales. The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. The rising consumer interest in health and wellness has put a spotlight on functional nutrition. The growing demand for natural and healthy water among consumers is driving the segment. The online distribution channel is expected to register the fastest growth rate of 13.3% from 2021 to 2028. For instance, in July 2021, National Beverage Corporation, an American beverage manufacturer, released a trio of new flavors of the sparkling water under its LaCroix brand. This acquisition has widened Keurig Dr Peppers water portfolio and through this acquisition, the company entered the caffeinated sparkling water market. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. 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. This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. 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. Sparkling Water market was valued at USD 49582.82 million in 2022 and reaching USD 91059.83 million by 2028.. Measure the growth data collected through surveys, focus groups, secondary sources or other methods. Europe accounted for a significant share in 2020. An Infographic Representation of Functional Water Market, To get information on various segments, share your queries with us. Benefits such as improved intake, better digestion, and enhanced bone and heart health are influencing consumers to drink sparkling water. 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. 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 others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. Beverage Industry Magazine. Get full access to all features within our Business Solutions. The Sparkling Water market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue (USD millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. The Global Sparkling Water Market was estimated to be valued at $29.71 billion in 2020. Im 66, we have more than $2 million, I just want to golf can I retire? Published by Statista Research Department , Oct 7, 2016 This statistic shows the sales value of sparkling water in the United States from 2015 to 2016, and provides a forecast until 2021. Please wait while we are processing your request Sparkling Water Market Share & Trends Report, 2021-2028. What are the factors driving the sparkling water market. In Europe, quick-service restaurants are expanding at a notable growth rate. Very satisfied with the overall report as it has helped me to build strategies for my business, This is regarding the recent report I bought from Fortune Business insights. This factor mainly promotes the growth of this segment. b. Sparkling Water Market size is expected to reach US$ 82.81 Bn by 2029, at a CAGR of 12% during the forecast period. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Proliferating Demand for Fortified Beverage to Support Market Growth. These advertisements highlight the quality and hydration benefits of the product, and also emphasize taste and convenience. Then you can access your favorite statistics via the star in the header. 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. dvelopper et amliorer nos produits et services. This text provides general information. 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. Which is the key factor driving the market? The sparkling bottled water market in the United States is. 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. We earn $400,000 and spend beyond our means. 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. Free upgrade to enterprise license (allows to share across all company locations), 5. This will assist the users to be attentive and make informed decisions related to business. Contact the source provider Comtex at editorial@comtex.com. 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. Which is the leading segment based on ingredient in the functional water market? Jon Stewart to GOP state senator: You dont give a flying f about gun violence. 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. Frequency of water consumption worldwide 2017, by country, U.S. consumer beverage preference during the Super Bowl 2017, Manufacturing: Beverage & Tobacco Products in the U.S. 2022 - Industry Insights & Data Analysis, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. Contact the source provider Comtex at editorial@comtex.com. 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. 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.
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