Sparkling Drinks Market Size, Competitive Landscape and Market Forecast - 2030

Market Overview
The Global "Sparkling Drinks Market" is expected to grow at a high CAGR during the forecast period (2023-2030)
Sparkling drinks are carbonated beverages produced by dissolving carbon dioxide under pressure in plain water. Consumption of sparkling water provides several benefits, including relieving constipation & indigestion, improved bone & heart health, weight loss, and hydration.
The United States, one of the major countries for sparkling water, has seen a significant increase in sparkling water sales through restaurants. In 2018, Americans alone spent approximately USD 1.68 billion on sparkling water through restaurants.

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Market Dynamics:
1. Growing health-related concerns through consumption of sugar-added drinks led to a shift in consumer preference towards consumption of healthy drinks, thus driving the demand for sparkling drinks.
2. Sparkling evolved as an essential alternative to sugar-added drinks owing to its refreshing nature and health benefits.
3. According to recent consumer reports, more than 70% of adults worldwide prefer to reduce their sugar intake by replacing sugary drinks with sugar-free sparkling water.

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Segment Analysis:
• By Product Type
o Alcoholic Beverages*
 Wine
 Cider
 Others
o Non-Alcoholic Beverages
 Juices
 Water
 Tea & Coffee
 Others
• By Distribution Channel
o E-Commerce*
o Supermarkets & Hypermarkets
o Retail Stores
o Restaurants & Tap Rooms
o Others

Company Profiles:
1. Pepsico, Inc.*
2. Welch Foods Inc.
3. Ocean Spray
4. Waterloo Sparkling Drinks Corporation
5. Sapporo Group
6. Seven Sparkling Drinks
7. LaCroix Beverages, Inc.
8. Nestle S.A
9. Hint Inc.
10. The Coca-Cola Company

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