Global Sparkling Water Market Size By Product (Flavoured Sparkling Water, Unflavoured Sparkling Water), By Application (Independent Retailers, Convenience Stores), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Sparkling Water Market size was valued at USD 35.2 Billion in 2022 and is projected to reach USD 90.9 Billion by 2030, growing at a CAGR of 12.58% from 2024 to 2030.
The demand for bottled sparkling water among customers is primarily driven by its affordability, portability, and convenience for consumption on the go. In the upcoming years, sparking water in the Europe region is projected to have favorable growth due to rising customer preference for it while socializing. The Global Sparkling Water Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Sparkling Water Market Definition
The term “sparkling water,” also known as “seltzer water” or “carbonated water,” refers to water that has carbon dioxide bubbles in it. This gas could be naturally occurring or could be added to motionless water. It is water that has carbon dioxide gas dissolved in it as a result of either naturally occurring geological processes or intentionally induced pressure. Due to the carbonation process, small bubbles are created, which causes the water to turn fizzy. Club soda, sparkling natural mineral water, and sparkling water that has been manufactured commercially are examples of common forms.
Ever wonder what gives bubbly water its zing? Well, things like potassium bicarbonate, sodium bicarbonate, sodium citrate, or potassium sulfate are often added to effervescent mineral water, club soda, and other sparkling waters. Sometimes, they're chemically added to mimic that natural mineral flavor and mellow out the acidity from the carbon dioxide – you know, the stuff that makes you feel all fizzy! Of course, some mineral waters have these naturally. And get this, you can make your own carbonated creations at home with a carbon dioxide cartridge, or you might see them made fresh at your favorite pub or restaurant, besides the usual bottles and cans. The best part? Both still and sparkling water keep you hydrated, so if those bubbles help you drink more water each day, go for it!
Staying hydrated is super important, folks! Dehydration can really mess you up, leading to things like dry lips, feeling constantly weary, nagging headaches, and even making it hard to concentrate. And if you're dehydrated for a long time? You could be looking at kidney problems, heart issues, and even digestive troubles. But here's a little secretstaying hydrated can also help you lose weight! When you drink enough water, you might find yourself eating less throughout the day and feeling fuller for longer. Plus, unsweetened sparkling water is a fantastic and refreshing alternative to soda and other sugary drinks that just add empty calories and raise your risk of nasties like obesity and type 2 diabetes. And hey, if you're dealing with digestive issues, sparkling water might even offer some relief! Research suggests it could help ease constipation symptoms like stomach pain and, ahem, irregular bowel movements.
What's inside a industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
Global Sparkling Water Market Overview
It's pretty clear more and more people of all ages are trying to live healthier these days, and that's driving a big shift toward drinks like sparkling water. People are choosing it over sodas and sugary stuff, and we expect that trend to keep growing. Now, the pandemic definitely threw a wrench in things at first. Remember when everything shut down? That hit sales of sparkling water in restaurants and offices hard. However, with everyone stuck at home, people started buying more bottled water, including sparkling water, to keep themselves hydrated. Overall, sparkling water's doing well!
More and more people are realizing how important it is to live a healthy life, and that's why you're seeing so many switch to sparkling water! It's got minerals like sodium, magnesium, and calcium. Plus, it's actually good for you. It can help with digestion and even ease constipation. And guess what? Studies show sparkling water isn't as bad for your teeth and bones as soda. That's why a lot of folks consider it a healthier alternative to soda and those sugary drinks. You've also probably noticed a ton of commercials for bottled water lately, which has really boosted brand awareness. Think of it as a refreshing and potentially beneficial alternative to your everyday sugary drink – learn more about the benefits!
Global Sparkling Water Market Segmentation Analysis
The Global Sparkling Water Market is segmented on the basis of Product, Application, And Geography.
Sparkling Water Market, By Product
Flavoured Sparkling Water
Unflavoured Sparkling Water
So, when it comes to what kind of sparkling water people are buying, the market splits into two main typesFlavoured Sparkling Water and Unflavoured Sparkling Water. Right now, Flavoured Sparkling Water is winning, and it's expected to stay that way for the foreseeable future. What's driving this? Well, people are looking for pure, untreated water, and that's boosting the whole category. But the flavored stuff is getting extra love because it tastes good, has bubbles, and seems like a healthier option. To keep up with all this, the big companies are constantly rolling out new drinks to satisfy health-conscious consumers. For example, remember when National Beverage Corp. launched "Hi-Biscus!" for their LaCroix brand back in May 2019? It was a new, bubbly drink with a hibiscus flower flavor and zero salt, sugar, or carbs.
Sparkling Water Market, By Application
Hypermarkets and Supermarkets
Independent Retailers
Convenience Stores
Online Retailers
Based on Application, The market is bifurcated into Hypermarkets and Supermarkets, Independent Retailers, Convenience Stores, and Online Retailers. Hypermarkets and supermarkets are the fastest Global Sparkling Water Market during the forecast period. Together, the supermarket, hypermarket, and convenience stores owned a sizeable portion. Additionally, the abundance of premium and private label brands offered by these retailers draws customers to these channels for product purchases. Additionally, to improve consumers’ shopping experiences, these stores’ membership programs offer advantages including discounts and access to limitless free delivery.
Sparkling Water Market, By Geography
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Based on Regional Analysis, The Global Sparkling Water Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. The increased consumer preference for healthier alternatives to soft drinks is the main market driver. Due to benefits like greater consumption, simpler digestion, and better bone and heart health, consumers are being encouraged to drink sparkling water.
Furthermore, it is anticipated that the straightforward availability of this product across distribution channels will hasten the growth of this market segment. There is a significant demand for sparkling water in several European countries, including Germany, the United Kingdom, Italy, Spain, France, and the Netherlands, where the product is regularly served with meals in restaurants. In Europe, quick-service restaurants are expanding significantly.
Key Players
The “Global Sparkling Water Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Coca-Cola, Cott, Danone, Dr. Pepper Snapple, Nestle, PepsiCo, A.G. Barr, Crystal Geyser, Suntory, Sparkling Ice. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Key Developments
In February 2021, Under its bubbly brand, PepsiCo, Inc. unveiled five new caffeinated sparkling water flavorsmango passion fruit, blood orange grapefruit, triple berry, blueberry pomegranate, and citrus cherry. These product launches are raising product visibility in the industry, which is expected to accelerate market growth over the next years.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Sparkling Water Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in Global Sparkling Water Market gauge the attractiveness of a certain sector, and assess investment possibilities.
For a single, multi and corporate client license, the report will be available in PDF format.
Sample report would be given you in excel format. For more questions please contact:
Sample Report for Global Sparkling Water Market Size By Product (Flavoured Sparkling Water, Unflavoured Sparkling Water), By Application (Independent Retailers, Convenience Stores), By Geographic Scope And Forecast