This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. To know how our report can help streamline your business, Speak to Analyst, Supermarkets/Hypermarkets to Dominate owing to Growing Trend of Impulse Grocery Buying. Published by Statista Research Department , Oct 7, 2016 This statistic shows the sales value of sparkling water in the United States from 2015 to 2016, and provides a forecast until 2021. For instance, in May 2019, National Beverage Corp. launched a new flavor, Hi-Biscus! It looks quite comprehensive and the data is exactly what I was looking for. We are GDPR and CCPA compliant! Get full access to all features within our Business Solutions. Flavored sparkling water costs around US$ 1.72 and normal or unflavoured costs around US$ 0.70, which has positively impacted the demand of the plain market. Please create an employee account to be able to mark statistics as favorites. The wide availability of substitutes like plant-based waters, which provide the same health benefits as functional ingredients enriched water, is anticipated to hamper the growth of this market. Looking forward to work together on similar projects, We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The product is a PDF. They have additional health benefits, and these benefits can range from increased energy to hydration and probiotic energy. The sparkling water market is expected to grow from US$ 23,271.30 million in 2021 to US$ 55,298.58 million by 2028; it is estimated to grow at a CAGR of 11.7% from 2021 to 2028. The flavored variants are increasingly preferred owing to their taste, dizziness, and health benefits. functional beverages and bottled water both of these sectors exhibit strong dominance of key global brands intensely seeking the consolidation of the overall market. A paid subscription is required for full access. Each license type allows a set number of users to access the report. Sparkling water is generally just water infused with pressurized carbon dioxide. Functional ingredients enriched water sales are thus benefiting from the overarching consumer trend to better-for-your alternatives such as unnatural and high-sugar drinks. As a result, manufacturers are incorporating a plethora of herbs and spices in the drinks because of their inherent health benefits. The flavored natural/mineral and caffeinated sparkling water segment is expected to register a faster growth rate during forecast years as compared to the unflavored segment owing to the increasing launch of fruit-flavored drinks. In Europe, quick-service restaurants are expanding at a notable growth rate. As people's awareness of obesity and diet-related diseases increases, the food and beverage industry is increasingly focusing on adding more fiber to beverages to obtain benefits such as calorie reduction, weight control, and promoting digestive health. Then you can access your favorite statistics via the star in the header. You only have access to basic statistics. The rise in CAGR is attributable to this markets demand and growth, returning to pre-pandemic levels once the pandemic is over. This is an enterprise license, allowing all employees within your organization access to the product. This report can help to understand the relevant market and consumer trends that are driving the Sparkling Water market. In addition, we are constantly inclined to conform to the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. This text provides general information. As per U.S. Food and Drug Administration (FDA), Sparkling mineral water is . The Black Razzberry, Beach Plum, and Guava Sao Paulo are zero-sugar, zero-calorie sparkling waters which feature natural essences. Learn more about how Statista can support your business. Convenience stores are expected to witness greater traction in the foreseeable future owing to their penetration and personalized purchasing experiences. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. Im 66, we have more than $2 million, I just want to golf can I retire? b. Sparkling Water Market2023 | with CAGR 10.66 Persent stands refers to the average rate at which an investment or market grows over a specified period. The functional hydration experience has become a key focus for most soft drinks giants, which are either innovating on the composition of the product or creating a context where consumers are lured to purchase it. Please wait while we are processing your request Sparkling Water Market Share & Trends Report, 2021-2028. Consumer trends are shifting towards impulsive purchases of food and beverages. Feb 09, 2023 (The Expresswire) -- ", Beverage Industry Magazine, Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales Statista, https://www.statista.com/statistics/252421/market-share-of-leading-bottled-sparkling-water-brands-in-the-us/ (last visited March 04, 2023), Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales [Graph], Beverage Industry Magazine, July 16, 2021. Sparkling water market - Key market driver analysis. We value them as a research company worthy of building long-term relationships., Well done Fortune Business Insights! At the same time, regulations are being put in place across Asia Pacific to reduce the amount of sugar in beverages. Si vous ne souhaitez pas que nos partenaires et nousmmes utilisions des cookies et vos donnes personnelles pour ces motifs supplmentaires, cliquez sur Refuser tout. Frequency of water consumption worldwide 2017, by country, U.S. consumer beverage preference during the Super Bowl 2017, Manufacturing: Beverage & Tobacco Products in the U.S. 2022 - Industry Insights & Data Analysis, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. The market is growing, owing to innovative product launches by companies and rising consumer inclination towards the product. The global sparkling water market is expected to grow at a compound annual growth rate of 12.6% from 2021 to 2028 to reach USD 76.95 billion by 2028. b. Natural/mineral sparkling water contributed to the highest share of more than 60% in the global revenue in 2020. Sparkling Water Market size was valued at USD 27.9 billion in 2020 and is anticipated to grow at a CAGR of 11.98% during forecast period.The "sparkle" in sparkling water can also occur naturally, or it can be made artificially using a sparkling water system. Further, mergers and acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner. Health Benefits of Product to Drive Sales during COVID-19 Pandemic. Free business intelligence platform with subscription, 4. Furthermore, membership programs offered by these stores include benefits such as discounts and access to unlimited free delivery to enhance the shopping experience of the customers. Am I crazy? After my mother died, my cousin took her designer purse, and my aunt took 8 paintings from her home then things really escalated, It broke me: Everyone says you need power of attorney, but nobody tells you how hard it is to use. online dashboard trial. The bottled water sales have recently surpassed soft drinks sales in the United States The bottled water sector is thus a leading horse prompting companies to invest and expand their functional offerings. Price still remains the major factor influencing the purchasing patterns of all the functional beverages, including enhanced water; however, brands justifying their premium offerings with the host of label claims are expected to fetch higher sales margins. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive, Please pass on our sincere thanks to the whole team at Fortune Business Insights. Get a Sample PDF of report: https://www.360marketupdates.com/enquiry/request-sample/22380166. Copyright 2023 MarketWatch, Inc. All rights reserved. Find your information in our database containing over 20,000 reports, U.S. bottled water sales volume amounted to approximately 15 billion gallons, four main brands generating around one billion U.S. dollars in sales each, what drives the popularity of the beverage. Purchase this Report (Price 2900 USD for a Single-User License) -https://marketresearchguru.com/purchase/17205643, 1.1 Product Overview and Scope of Sparkling Water, 1.3 Sparkling Water Segment by Application, 2.1 Global Sparkling Water Production Market Share by Manufacturers (2017-2022), 2.2 Global Sparkling Water Revenue Market Share by Manufacturers (2017-2022), 2.3 Sparkling Water Market Share by Company Type (Tier 1, Tier 2 and Tier 3), 2.4 Global Sparkling Water Average Price by Manufacturers (2017-2022), 2.5 Manufacturers Sparkling Water Production Sites, Area Served, Product Types, 2.6 Sparkling Water Market Competitive Situation and Trends, 3.1 Global Production of Sparkling Water Market Share by Region (2017-2022), 3.2 Global Sparkling Water Revenue Market Share by Region (2017-2022), 3.3 Global Sparkling Water Production, Revenue, Price and Gross Margin (2017-2022), 3.4 North America Sparkling Water Production, 4 Global Sparkling Water Consumption by Region, 4.1 Global Sparkling Water Consumption by Region, 5.1 Global Production Market Share by Type (2017-2022), 5.2 Global Revenue Market Share by Type (2017-2022), 6.1 Global Production Market Share by Application (2017-2022), 6.2 Global Revenue Market Share by Application (2017-2022), 6.3 Global Price by Application (2017-2022), 8 Sparkling Water Manufacturing Cost Analysis, 8.2 Proportion of Manufacturing Cost Structure, 8.3 Manufacturing Process Analysis of Sparkling Water, 9 Marketing Channel, Distributors and Customers, 11.1 Global Forecasted Production of Sparkling Water by Region (2023-2028), 11.2 North America Production, Revenue Forecast (2023-2028), 11.3 Europe Production, Revenue Forecast (2023-2028), 11.4 China Production, Revenue Forecast (2023-2028), 11.5 Japan Production, Revenue Forecast (2023-2028), 12.1 Global Forecasted Demand Analysis of Sparkling Water, 12.2 North America Forecasted Consumption of by Country, 12.3 Europe Market Forecasted Consumption of by Country, 12.4 Asia Pacific Market Forecasted Consumption of by Region, 12.5 Latin America Forecasted Consumption of by Country, 13 Forecast by Type and by Application (2023-2028), 13.1 Global Production, Revenue and Price Forecast by Type (2023-2028), 13.2 Global Forecasted Consumption of Sparkling Water by Application (2023-2028), 15.1.3 Market Breakdown and Data Triangulation, For Detailed TOC - https://marketresearchguru.com/TOC/17205643#TOC, Food Grade Stainless Steel Container Market, The Future of 3D IC Flip Chip Product Market, The Rise of Wigs and Wig Accessories Market, Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Sparkling Water Market 2023 Share Analysis: Understanding How Your Business Stacks Up Against Competitors, COMTEX_425123747/2598/2023-02-23T05:15:23. Sparkling Water market was valued at USD 49582.82 million in 2022 and reaching USD 91059.83 million by 2028.. Measure the growth data collected through surveys, focus groups, secondary sources or other methods. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. B1U has launched a series of functional infused water with no sugar or artificial sweeteners. Discounted price for multiple reports across domains, 2. b. 5.1. Drawing on insights from the IndexBox market report, we'll take a closer look at what's driving growth and innovation in . It additionally affords the proper insights and evaluation which are crucial to layout powerful commercial enterprise techniques and set the proper direction for improved boom for all enterprise gamers involved. It provides a quantitative analysis of the market size and development potential of each region in the next six years. Beverage Industry Magazine. Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report.