Sparkling Water Market worth $67.6 billion by 2030 - Exclusive Report by InsightAce Analytic
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Sparkling water is a naturally carbonated refreshing drink; sparkling water is the best alternative to alcoholic and carbonated beverages. In addition, this water has many health benefits. It helps to improve the digestive system and reduces the risk of heart health issues.
The growing demand for sparkling water over sodas and other sweetened fizzy beverages is anticipated to propel the market growth during the forecast period. Moreover, factors such as increasing health-conscious people, changing lifestyles, and high preference for safe and healthy products are expected to create lucrative growth opportunities for this market. However, the little high cost of sparkling water compared to other types of water and lack of consumer awareness may limit the growth of the sparkling water market. Geographically, the North American region is expected to dominate the market over the forecast period due to the increasing preference for healthy products and easy product availability. Similarly, Europe and Asia Pacific regions also accounted for a significant share in 2020 due to the rising demand for sparkling water.
Prominent key players are developing new products according to the requirement of health-conscious consumers to promote their products in the global market, which is likely to drive the sparkling water market growth. For instance, in February 2021, PepsiCo, Inc. introduced five new caffeinated sparkling water flavours: mango passion fruit, blood orange grapefruit, triple berry, blueberry pomegranate, and citrus cherry flavours, under its bubly brand. These launches are increasing product visibility in the market.
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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.
Market Segments
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Products
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on End-Users
Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2022 to 2030 based on Region
North America sparkling water market revenue (US$ Million) by Country, 2022 to 2030
Europe sparkling water market revenue (US$ Million) by Country, 2022 to 2030
Asia Pacific sparkling water market revenue (US$ Million) by Country, 2022 to 2030
Latin America sparkling water market revenue (US$ Million) by Country, 2022 to 2030
Middle East & Africa sparkling water market revenue (US$ Million) by Country, 2022 to 2030
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Other Related Reports Published by InsightAce Analytic:
Global Ready-to-Drinks (RTDs) Alcohol Market
Global Low & No Alcohol Beverages Market
Global Functional Beverages Market
Global Kombucha Market
Global Organic Wine Market
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