Sparkling Water Market Size to Expand Lucratively by 2031

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

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on "Global Sparkling Water Market (Products (Natural/Mineral Sparkling Water, Caffeinated Sparkling Water), End-users (Hypermarket & Supermarket, Online, and Other End-Users))- By Trends, Industry Competition Analysis, Revenue and Forecast Till 2030"

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According to the latest research by InsightAce Analytic, the global sparkling water market size valued at US$ 29.3 billion in 2021 and it is expected to reach US$ 67.6 billion in 2030, recording a promising CAGR of 10.0% during the period of 2022-2030.

The Greatest substitute for alcoholic and carbonated drinks is sparkling water, which is a naturally carbonated, delightful beverage. This water also has a lot of health advantages. It lowers the Danger of heart health problems and aids in digestive system improvement.
The market is expected to rise above the forecast period due to the rising demand for sparkling water over sodas and other sweetened fizzy beverages. Furthermore, it is anticipated that this market would see significant expansion due to factors including the rise in health-conscious consumers, shifting lifestyles, and a strong demand for safe and healthy products. However, the market for sparkling water may not expand as much as it could due to low consumer awareness and the somewhat higher price of sparkling water when compared to other types of water. Geographically, the market is anticipated to be dominated by North America throughout the projected period because of consumers' growing desire for healthier products and their convenient accessibility. In a similar vein, the growing demand for sparkling water in 2020 also contributed significantly to the areas of Europe and Asia Pacific.
Leading companies are creating new goods in response to the demand of health-conscious consumers to market their goods internationally, which is probably going to fuel the growth of the sparkling water industry. For example, PepsiCo, Inc. launched five new caffeinated sparkling water varieties under its bubbly brand in February 2021: triple berry, blueberry pomegranate, blood orange grapefruit, mango passion fruit, and citrus cherry. The market visibility of the product is rising because of these launches.

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

Leading manufacturers of this market focus on strategic acquisitions, partnerships, expansions, mergers, and collaborations.

• In Jan 2022, Evian debuted its first-ever sparkling water - in both can and bottle versions. Hitting shelves in numerous markets. This new product includes the right degree of sparkles with its superb mineral quality and small bubbles providing a mild flavour and moderate intensity.
• In May 2021, Nestle Waters acquired Sparkling Spring Mineral Water Co., a leading distributor of home and o,ffice products. Nestle Waters strengthens its leadership position in the North America market, and this acquisition offers Nestle significant opportunities.
• In January 2020, Keurig Dr Pepper Inc. acquired Limitless, a U.S.-based caffeinated sparkling water company. This acquisition has widened Keurig Dr Pepper's water portfolio, and the company entered the caffeinated sparkling water market through this acquisition.
• In May 2019, National Beverage Corp. launched a new flavour, Hi-Biscus!, under its LaCroix brand. This new sparkling beverage has no carbohydrates, sweeteners, or sodium and has a unique taste of the hibiscus flower.

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Market Segments

Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Products
• Natural/Mineral Sparkling Water
o Flavored
o Unflavored
• Caffeinated Sparkling Water
o Flavored
o Unflavored

Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on End-Users
• Hypermarket & Supermarket
• Online
• Other End-Users

Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America sparkling water market revenue (US$ Million) by Country, 2022 to 2030
• U.S.
• Canada
Europe sparkling water market revenue (US$ Million) by Country, 2022 to 2030
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific sparkling water market revenue (US$ Million) by Country, 2022 to 2030
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America sparkling water market revenue (US$ Million) by Country, 2022 to 2030
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa sparkling water market revenue (US$ Million) by Country, 2022 to 2030
• GCC Countries
• South Africa
• Rest of Middle East & Africa

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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 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.

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This release was published on openPR.