Press release
Sparkling Water Market Size, Share, Future Growth, 2032
Sparkling Water Market
The global sparkling water market size was valued at USD 38.13 billion in 2023 and is projected to grow from USD 42.62 billion in 2024 to USD 108.35 billion by 2032, exhibiting a CAGR of 12.37% during the forecast period.
Different factors such as consumer preferences, healthy beverage demand, and rising health-conscious consumers worldwide are driving the sparkling water market growth during the forecast period. The market is competitive due to the increasing popularity of the product with many companies entering the market.
Fortune Business Insightsโข mentioned this in a report titled "Sparkling Water Market, 2023-2030."
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ : https://www.fortunebusinessinsights.com/enquiry/sample/sparkling-water-market-107878
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐๐ฌ๐๐ง๐ญ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Nestlรฉ S.A. (Switzerland)
โข PepsiCo, Inc. (U.S.)
โข Keurig Dr. Pepper Inc. (U.S.)
โข The Coca-Cola Company (U.S.)
โข Sanpellegrino S.P.A. (Italy)
โข WakeWater Beverage Co. (Canada)
โข National Beverage Corp. (U.S.)
โข Big Watt Cold Beverage Co. (U.S.)
โข Danone S.A. (France)
โข Volay Brands (U.S.)
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ-
๐๐๐ฌ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐๐ง๐ ๐๐๐๐ฅ๐ญ๐ก ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐จ๐ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ/๐๐ข๐ง๐๐ซ๐๐ฅ ๐๐๐ซ๐๐จ๐ง๐๐ญ๐๐ ๐๐๐ญ๐๐ซ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
By type, the market is divided into natural/mineral and caffeinated. The natural/mineral segment will dominate and hold a significant market share during the forecast period. Rising demand by health-conscious consumers is driving the market growth.
๐๐ข๐ ๐ก๐ญ๐ฐ๐๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐๐ฌ๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐๐ง๐ฌ ๐ญ๐จ ๐๐ซ๐จ๐ฉ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Based on packaging, the market is classified into glass bottles, cans, and plastic bottles. The cans segment will dominate the market during the forecast period due to its lightweight and easy-to-transport properties. Several key players offer various flavored and unflavored sparkling water in cans.
๐๐ฒ๐ฉ๐๐ซ๐ฆ๐๐ซ๐ค๐๐ญ/๐๐ฎ๐ฉ๐๐ซ๐ฆ๐๐ซ๐ค๐๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐๐ฎ๐ ๐ญ๐จ ๐๐ข๐๐ ๐๐ฏ๐๐ข๐ฅ๐๐๐ข๐ฅ๐ข๐ญ๐ฒ ๐จ๐ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐ง๐ ๐๐ซ๐ข๐ฏ๐๐ญ๐ ๐๐๐๐๐ฅ ๐๐ซ๐๐ง๐๐ฌ
The market is segmented by distribution channel into hypermarket/supermarket, convenience store, online channel, and others. The hypermarket/supermarket segment will hold the largest market share during the forecast period. Hypermarket/supermarket offers competitive promotions and pricing, driving the demand for the product worldwide.
Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.fortunebusinessinsights.com/enquiry/multi-report-purchase/sparkling-water-market-107878
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐-
The report offers:
โข Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
โข Comprehensive insights into regional developments.
โข List of major industry players.
โข Key strategies adopted by the market players.
โข The latest industry developments include product launches, partnerships, mergers, and acquisitions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ & ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ-
๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ ๐จ๐ซ๐ญ๐ข๐๐ข๐๐ ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐ญ๐จ ๐๐ซ๐จ๐ฉ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The rising demand from health-conscious consumers for fortified beverages, such as vitamin-enriched waters, protein shakes, nootropics, and other fortified drinks, is driving the market during the forecast. In February 2023, Kyowa Hakko U.S.A., Inc. and CENTR Brands Corp. launched sparkling water containing adaptogenic and nootropic ingredients.
The low prices of regular water and carbonated drinks are expected to affect the expansion of the sparkling water market share during the forecast period.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ-
๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐ ๐ฅ๐๐ฏ๐จ๐ซ๐๐ ๐๐ฉ๐๐ซ๐ค๐ฅ๐ข๐ง๐ ๐๐๐ญ๐๐ซ ๐ญ๐จ ๐๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Europe dominated the market and will hold a significant market share during the forecast period. The rising demand for flavored carbonated water in Italy, the U.K., Spain, the Netherlands, and France drives the sparkling water market growth in Europe.
The North America market is expected to grow significantly over 20230-2030. The presence of established brands and new companies entering the market are driving the market growth in the region.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐-
๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐ฏ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฎ๐ง๐๐ก๐๐ฌ ๐๐ฒ ๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Major companies are focusing on innovative product launches, expansions, and acquisitions to capitalize on the market growth during the forecast period. In May 2021, PepsiCo Inc. launched Soulboost, a range of beverages, including functional and natural juice ingredients. The R&D team of PepsiCo Inc. developed functional ingredients, such as Panax ginseng and L-theanine, adding them to the new beverage line to address increasing consumer health trends.
๐๐ฌ๐ค ๐ ๐จ๐ซ ๐๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/sparkling-water-market-107878
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
๐๐๐ญ๐จ๐๐๐ซ ๐๐๐๐ - Bisleri International, a prominent Indian multinational company, launched 'Vedica Himalayan Sparkling Water' to expand its premium spring water brand Vedica. The product is available in 300 ml glass bottles.
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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