Sparkling Water is Revolutionizing Beverage Choices The Healthier Fizz Focusing on Market Trends 2024-2031

Sparkling Water Market Assessment worth $ 67.6 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Sparkling Water Market- by Flavor (Regular/Original, Herbs & Spices, Citrus, Berries, Apple, Coconut & Mangoes, Flowers, and Others), End-Users (Hypermarket & Supermarket, Online, and Other End-Users), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

Get a free sample copy of the report: https://www.insightaceanalytic.com/request-sample/1277

According to the latest research by InsightAce Analytic, the global Sparkling Water market is valued at US$ 29.3 Billion in 2021, and it is expected to reach US$ 67.6 Billion by 2030, with a CAGR of 10.0% during a forecast period of 2024-2031.

The Rise of Sparkling Water
Carbonated water, also known as sparkling water, is a popular non-alcoholic beverage taking the industry by storm. Unlike soda water, it boasts no added sugar and comes in a variety of flavors. Mineral water, with its lower carbon dioxide content and presence of minerals, is often the base for sparkling water production.

Healthier Choices Driving Market Growth
The rise of chronic diseases is prompting consumers to seek healthier beverage options. This shift in preference has fueled the growth of the sparkling water market, as it offers a sugar-free alternative to juice and soda. People are increasingly choosing sparkling water over sugary drinks due to its low sugar content, which can help with weight management.

Factors Contributing to Market Growth
Several factors are contributing to the surging demand for sparkling water:
• Growing health consciousness: The increasing focus on healthy living across all age groups is propelling the market forward.

• Rising obesity rates: Consumers are looking for alternatives to sugary drinks to combat the growing problem of obesity.

• Shifting consumer preferences: People are becoming more aware of the health benefits of sparkling water, such as its mineral content that aids digestion and may help with constipation.

• Rising disposable income: With more disposable income, consumers are more likely to experiment with and embrace premium beverages like sparkling water.

Marketing and Innovation
Witty marketing campaigns for bottled water are creating lucrative opportunities for market players throughout the forecast period. Additionally, the introduction of new and exciting flavors will further fuel market expansion.
Challenges to Market Growth

However, the sparkling water market faces some challenges:
• Competition from lower-priced substitutes: The affordability of alternative carbonated drinks can hinder market growth.

• Distribution and taxation: The influence of shipping channels and domestic taxation policies can pose threats during the forecast period.

By addressing these challenges and continuing to innovate with flavors and marketing strategies, the sparkling water market is well-positioned for continued growth.

Over the anticipated years, North America is anticipated to be the market's most significant contributor of sparkling water. The increased consumer preference for healthier alternatives to soft drinks is the main market driver. Consumers are persuaded to drink sparkling water due to increased intake, easier digestion, and improved bone and heart health.

Additionally, it is projected that the easy availability of this product across distribution channels will accelerate the expansion of this segment. In addition, the Asia Pacific Sparkling Water market is expected to grow significantly during the forecast period. There is a high demand for sparkling water in many European nations, including Italy, Spain, Germany, the United Kingdom, France, and the Netherlands, where the product is frequently provided with meals in restaurants.

Quick-service restaurants are growing significantly in Europe. To increase their presence in an industry that is becoming increasingly competitive, they have been releasing several new drinks and food products influenced by national and international cuisines. In the upcoming years, the regional market is anticipated to benefit from this.

Major market players operating in the sparkling water market include Caribou Coffee Operating Company, Inc., GEROLSTEINER, BRUNNEN GmbH & Co. KG, Mountain Valley Spring Company, LLC, Tempo Beverage Ltd, Nestle, PepsiCo Inc., Keurig Dr Pepper Inc., The Coca-Cola Company, SANPELLEGRINO S.P.A, Danone S.A., Clear Cut Phocus, National Beverage Corp., Reignwood Group, COTT Corporation, Crystal Geyser Water Company, A. G. BARR p.l.c., Icelandic Water Holdings EHF, CG Roxane, LLC, Vichy Catalan Corporation, and Other Prominent Players.

Recent collaborations and agreements in the market:
• In February 2021, Five new types of caffeinated sparkling water were released by PepsiCo, Inc. Under its bubbly brand, the flavors include triple berry, blood orange grapefruit, blueberry pomegranate, citrus cherry tastes, mango passion fruit, and blood orange grapefruit.

• In January 2020, Limitless, an American manufacturer of caffeinated sparkling water, was purchased by Keurig Dr Pepper Inc.

Curious about this latest version of the report? Obtain Report Details @ https://www.insightaceanalytic.com/enquiry-before-buying/1277

Market Segments
Global Sparkling Water Market, by Products, 2022-2030 (Value US$ Mn)
• Natural/Mineral Sparkling Water
• Caffeinated Sparkling Water

Global Sparkling Water Market, by End-Users, 2022-2030 (Value US$ Mn)
• Food and Drink Specialty Store
• Hypermarket & Supermarket
• Online
• Other End-Users

Global Sparkling Water Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Sparkling Water Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada

Europe Sparkling Water Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Sparkling Water Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Sparkling Water Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Sparkling Water Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global sparkling water market
 To receive an industry overview and future trends of the sparkling water market
 To analyze the sparkling water market drivers and challenges
 To get information on the sparkling water market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the sparkling water market industry

For More Information @ https://www.insightaceanalytic.com/customisation/1277

Contact Us:
InsightAce Analytic Pvt. Ltd.
Tel.: +1 718 593 4405
Email: info@insightaceanalytic.com
Site Visit: www.insightaceanalytic.com
Follow Us on LinkedIn @ bit.ly/2tBXsgS
Follow Us On Facebook @ bit.ly/2H9jnDZ

About Us:
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 with key market insights in a timely and cost-effective manner.

This release was published on openPR.