Sparkling Coffee Market is estimated to grow at a higher CAGR of 12.1% during 2022-2029 | Size, Share Report & Forecast

Sparkling Coffee Market is slated to register a CAGR of 12.1% over the forecast period, till 2029.

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The factors driving the growth of the Sparkling Coffee Market includes growing demand for convenient and ready-to-drink beverages, rising consumers inclination towards adopting healthy lifestyles, increasing consumption of coffee around the world and improvements in the living standards. Moreover, increasing number of Free Trade Agreements (FTAs) signed between Governments of different countries, growing adoption of advanced technologies by manufacturers, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, increasing investments by leading players on research and development, rising population growth rates and growing disposable incomes, are further contributing towards the market growth.

However, growth of the Sparkling Coffee Market is hindered due to increasing prevalence of inflation worldwide.

The prominent players operating in the market are Keepers Sparkling Coffee, Slingshot Coffee Co., Paulig, Manhattan Special, DrinkVIVIC, Stumptown Coffee Roasters, Matchless Coffee Soda, Union Coffee, Nongfu Spring, and Upruit, among others.

Based on Product, the Caffeinated emerged as the fastest growing segment during the forecast period

Growing popularity of flavored sparkling coffee and rise in the launch of new products, are propelling growth of the segment.

Based on Distribution Channel, the Supermarket & Hypermarket segment is projected to hold the highest market share over the forecast period

Supermarkets and hypermarkets offer local branded products, at attractive discount rates and provides option of free home delivery on certain purchases, are some of the factors pushing growth of the segment.

Based on Region, the North American region is anticipated to expand at a remarkable CAGR during the forecast period

Increasing demand for Ready-to-Drink (RTD) coffee products, rising consumers preference for healthy beverages, rapid urbanization, growing per capita incomes and high population growth rates, are some of the important factors augmenting the sparkling coffee market size in the North American region.

Key Developments:

In 2019, Paulig Company introduced Paulig Cold Brew Sparkling beverages. The company launched Paulig Cold Brew Sparkling coffee and tea, which emerged as one of the most creative releases in the cold ready-to-drink goods sector, and it is set to deliver in more customers.
In 2019, Riff Cold Brewed introduced new Alter Ego beverage. It is an innovative line that uses coffee fruit for increasingly diverse RTD beverage aisle.

Market Segmentation

Segmentation by Product

Decaffeinated
Caffeinated

Segmentation by Distribution Channel

Supermarket & Hypermarket
Convenience Stores
Online

Segmentation by Region

Asia Pacific
China
Japan
India
Rest of APAC

North America
United States of America
Canada

Europe
United Kingdom
Germany
France
Spain
Rest of Europe

RoW
Brazil
South Africa
Saudi Arabia
UAE

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This release was published on openPR.