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Sparkling Water : Market Size, Key Players, Regional Study , Market Segments , Revenue Analysis and Research Methodology, Mergers and Collaborations Forecast by 2031

Sparkling Water Market

Sparkling Water Market

According to the latest research by InsightAce Analytic The Sparkling Water Market Size is estimated to be 33.88 Billion in 2023 and is expected to increase to 76.13 Billion by 2031 with a compound annual growth rate (CAGR) of 11.0 % during the forecast period of 2024-2031.

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Sparkling water is a naturally carbonated beverage that is refreshing. It is the most effective substitute for alcoholic and carbonated beverages. Furthermore this water offers numerous health advantages. It enhances the digestive system and mitigates the likelihood of heart-related complications.

It is anticipated that the market will experience growth during the forecast period due to the increasing demand for sparkling water over sodas and other sweetened carbonated beverages. Additionally the market is anticipated to generate profitable growth opportunities due to factors such as the growing number of health-conscious individuals the alteration of lifestyles and the high demand for safe and healthy products. Nevertheless the sparkling water market's expansion may be restricted by the relatively high cost of sparkling water in comparison to other types of water and the dearth of consumer awareness. The North American region is anticipated to dominate the market during the forecast period as a result of the growing demand for healthful products and the ease of obtaining them. In 2020 Europe and the Asia Pacific regions also contributed a substantial portion of the market as a result of the increasing demand for effervescent water.

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Prominent key players are creating new products that meet the needs of health-conscious consumers in order to promote their products in the global market. This is expected to drive the growth of the effervescent water market. For example in February 2021 PepsiCo Inc. introduced five new caffeinated effervescent water flavours under its bubbly brand: mango passion fruit blood orange grapefruit triple berry blueberry pomegranate and citrus cherry. The visibility of the product in the market is being enhanced by these launches.

• Some of the key players in the sparkling water market are

• Nestle
• Crystal Geyser Water Company
• BARR p.l.c.
• SANPELLEGRINO S.P.A
• Danone S.A.
• PepsiCo Inc.
• Keurig Dr Pepper Inc.
• The Coca-Cola Company
• Caribou Coffee Operating Company Inc.
• GEROLSTEINER
• BRUNNEN GmbH & Co. KG
• Mountain Valley Spring Company LLC
• Clear Cut Phocus
• National Beverage Corp.
• Icelandic Water Holdings
• CG Roxane LLC
• Vichy Catalan Corporation
• Tempo Beverage Ltd
• Reignwood Group
• COTT Corporation

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focus on strategic acquisitions, partnerships, expansions, mergers, and collaborations.

• In Jan 2022 Evian introduced its inaugural effervescent water in both can and bottle formats. Reaching shelves in a multitude of markets. The superior mineral quality and small bubbles of this new product provide a mellow flavor and moderate intensity, resulting in the appropriate level of sparkle.

• In May 2021, Nestle Waters acquired Sparkling Spring Mineral Water Co., a prominent distributor of home and office products. Nestle Waters enhances its market leadership in North America through this acquisition, which presents Nestle with substantial opportunities.

• In January 2020, Keurig Dr Pepper Inc. acquired Limitless, a caffeinated effervescent water company based in the United States.. Through this acquisition, Keurig Dr Pepper has expanded its water portfolio and entered the caffeinated effervescent water market.In

• In May 2019, National Beverage Corp. introduced a new flavor, Hi-Biscus!, under its LaCroix brand. The hibiscus flower imparts a distinctive flavor to this new effervescent beverage, which is devoid of carbohydrates, sweeteners, and sodium.

Market Segments

Market Size & Forecasts and Trend Analyses based on Products
• Natural/Mineral Sparkling Water
o Unflavored
o Flavored
• Caffeinated Sparkling Water
o Unflavored
o Flavored

Market Size & Forecasts and Trend Analyses based on End-Users
• Online
• Hypermarket & Supermarket
• Other End-Users

Market Size & Forecasts and Trend Analyses based on Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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North America sparkling water market revenue
• U.S.
• Canada

Europe sparkling water market revenue
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific sparkling water market revenue
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America sparkling water market revenue
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa sparkling water market revenue
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Details insights on this market: https://www.insightaceanalytic.com/report/global-sparkling-water-market/1277

Contact Us:

InsightAce Analytic Pvt. Ltd.
Tel.: +1 551 226 6109
Email: info@insightaceanalytic.com
Site Visit: www.insightaceanalytic.com

InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis of key market insights in a timely and cost-effective manner.

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