sparkling water market share

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. 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. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. We are GDPR and CCPA compliant! 2021 State of the Beverage Industry: Bottled water bubbling over with 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. Sparkling Water Market Definition, Segmentation, Revenue, Scope Key brands' market share of bottled sparkling water in the U.S. 2021 HAVE A QUESTION? 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. Sparkling Water Market Size Worth $55.3 Billion by 2028 at 11.7% CAGR Global Sparkling Water Market: Segment Analysis The research report includes specific segments by region (country), by company, by Type and by Application. However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. The report will incorporate these insights. The global Sparkling Water market is expected to grow significantly by 2027 expanding at a reasonable CAGR of around 11% during the forecast period (2021-2027). They have additional health benefits, and these benefits can range from increased energy to hydration and probiotic energy. "Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales." 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. Sparkling Water Market 2023 Size, Share, Top Players Resorch report In, Beverage Industry Magazine. Whats our next move? As soon as this statistic is updated, you will immediately be notified via e-mail. Sparkling Water Market Size, Share, Growth, Industry Forecast till 20 b. The others segment dominated the market and held a share of 36.4% in 2020. Specialists have also laid their focus on the upcoming business prospects. Is there a problem with this press release? Which product segment accounted for the largest sparkling water market share? Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Each license type allows a set number of users to access the report. As of 2021, the global sparkling water industry has a market size of $33.43 billion. Who are the key players in the sparkling water market? How much is the global functional water market worth? Avail customized purchase options to meet your exact research needs. 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. 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. As consumers are seeking sparkling water with added benefits, manufacturers are trying to launch new variants of the product with caffeine in it. 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. I appreciate the timeliness and responsiveness of you and your team., (applicable to 1 report only for the same license type), The global functional water market is likely to grow from $13.80 billion in 2021 to $22.97 billion in 2028 at a CAGR of 7.55% in forecast period, 2021-2028, 2020 Fortune Business Insights . The global functional water market growth will be propelled by the development of innovative products and the launch of new flavors by manufacturers. Sparkling water market - Key market driver analysis. The emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. This will assist the users to be attentive and make informed decisions related to business. 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. 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. 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. Chapter 4: Consumption of Sparkling Water in regional level and country level. The market in South America is expected to grow strongly, driven by strong demand for flavored, hygienic, and clean drinking water in the region. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Europe accounted for a significant share in 2020. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! Supermarket/Hypermarkets is expected to be the leading distribution channel for the sales of the product. 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. Sparkling Ice held 17.2% of the total sparkling water market share in the US in 2021. Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. The global sparkling water market is projected to grow at a CAGR of 9.28%, from a market size of US$2,134.246 million in 2020 to a market size of US$3,973.293 million by 2027. 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. Moreover, the bundling strategy and economical pricing are responsible for higher sales of functional ingredients added water among supermarkets. The ideal entry-level account for individual users. 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. You can only download this statistic as a Premium user. "Market Intelligence that Adds Flavour to Your Success", Region : Global | Format: PDF | Report ID: FBI100279. Please select an option from the list below. The enhanced waters are generally micronutrients-fortified, hence a dominating segment. Consumers are looking for dietary solutions to solve stress, lethargy, and weakened immunity because of their hectic lifestyles. RHODIUS Mineralquellen und Getrnke GmbH & Co. KG. This factor mainly promotes the growth of this segment. Regional and Private Label Brands Eye Expansions to Penetrate New Markets. Product Movement Analysis & Market Share, 2020 & 2028, 6.1. 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 Market Share & Trends Forecast Report 2028 "Market Share of The Leading Seltzer, Bottled Sparkling/Mineral Water Brands in The United States in 2021, Based on Sales. Key Findings of the World Bottled Water Market Report Learn more about how Statista can support your business. Based on the category, plain is expected to dominate the market over the forecast period. No purchase commitment. 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 growing demand for natural and healthy water among consumers is driving the growth of this market. 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. b. Evolving dietary consumption pattern is a key market trend. Global Sparkling Water Market Report 2021: Natural/Mineral This report can help to understand the relevant market and consumer trends that are driving the Sparkling Water market. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

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