People are better able to buy bulk food and other groceries in supermarkets. We are GDPR and CCPA compliant! Furthermore, the product has a number of advantages; for instance, it helps improve digestion and may help relieve constipation. The Black Razzberry, Beach Plum, and Guava Sao Paulo are zero-sugar, zero-calorie sparkling waters which feature natural essences. By Type (, Unflavored, Fruit-flavored). The global sparkling water market is projected to grow at a CAGR of 9.28%, from a market size of US$2,134.246 million in 2020 to a market size of US$3,973.293 million by 2027. This is due to its added nutrients compared to spring water and the fact that mineral water is less processed than sparkling . The document outlines the marketplace size, marketplace traits, and market increase for zzzz industry, categorized with the aid of using kind, utility, and patron sector. Avail customized purchase options to meet your exact research needs. Benefits offered by online platforms, including shopping from the comfort of ones home, doorstep delivery, free shipping, subscription services, and discounts, are attracting millennials and the younger generation to opt for this channel. Olha will help you find what you are looking for. to incorporate the statistic into your presentation at any time. 5.1. We use cookies to enhance your experience. Nestl; PepsiCo, Inc.; National Beverage Corp.; Talking Rain; Keurig Dr Pepper Inc.; The Coca-Cola Company; Danone S.A.; SANPELLEGRINO S.P.A.; Clear Cut Phocus; Caribou Coffee Operating Company, Inc.; Hiball; RHODIUS Mineralquellen und Getrnke GmbH & Co. KG; AQUA Carpatica; Northwest Coffee; Volay Brands, LLC; WakeWater Beverage Co.; Big Watt Cold Beverage Co. Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. By Application (, Hypermarkets and supermarkets, On-trade, Independent retailers, Convenience stores, Others), Many companies have established official economic ties with the organization, and individual advisors from all over the world have joined forces with it. 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. liability for the information given being complete or correct. 2.2 Global Sugar-Free Sparkling Water Revenue Market Share by Manufacturers (2017-2022) 2.3 Sugar-Free Sparkling Water Market Share by Company Type (Tier 1, Tier 2 and Tier 3) The active principles from a variety of super fruits, herbal extracts, and other plant-based ingredients are known to not only serve the functional role of synthetic additives but also substantially increase the nutritional profiles of specialty water. Sparkling Water Market Definition, Segmentation, Revenue, Scope Additionally, the Sparkling Water market report highlights various market growth plans, technological advancements, gross-margin analysis, and country-level and regional-level data, providing a comprehensive understanding of the current and future market situation. The emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. The ideal entry-level account for individual users. Sparkling Water Market 2023 Size, Share, Top Players Resorch report Citrus-ly Good Recipes! | Sprouts Farmers Market Im 66, we have more than $2 million, I just want to golf can I retire. You need at least a Starter Account to use this feature. Final Report will add the analysis of the impact of COVID-19 on this industry. The product is a PDF. 34 Sparkling Water Statistics That Will Make You Salivate Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. The functional ingredients added water market is experiencing a strong emergence of small private-label brands embarking on offering enhanced convenience and value-for-money. 6. The demand from sparkling water is significantly increasing owing to health benefits associated with it such as weight management, improves digestion, and provides . This will assist the users to be attentive and make informed decisions related to business. For instance, in July 2021, National Beverage Corporation, an American beverage manufacturer, released a trio of new flavors of the sparkling water under its LaCroix brand. statistic alerts) please log in with your personal account. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Currently, you are using a shared account. The enhanced waters are generally micronutrients-fortified, hence a dominating segment. Benefits such as improved intake, better digestion, and enhanced bone and heart health are influencing consumers to drink sparkling water. For instance, in February 2021, PepsiCo, Inc. introduced five new caffeinated sparkling water flavors, namely mango passion fruit, blood orange grapefruit, triple berry, blueberry pomegranate, and citrus cherry flavors, under its bubbly brand. Global Sparkling Water Faucet And Dispenser Industry - Industry Reports Statista assumes no 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. Some of the key players operating in the sparkling water market are Nestl, PepsiCo, Inc., National Beverage Corp., Talking Rain, Keurig Dr Pepper Inc., The Coca-Cola Company, Danone S.A., SANPELLEGRINO S.P.A., Clear Cut Phocus, and RHODIUS Mineralquellen und Getrnke GmbH & Co. KG. (July 16, 2021). This report aims to provide a comprehensive presentation of the global market for Sparkling Water, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Sparkling Water. In Europe, quick-service restaurants are expanding at a notable growth rate. The report provides qualitative and quantitative insights on the functional water industry and detailed analysis on the market size & growth rate for all possible segments in the market. Which is the key factor driving the market? The report offers qualitative insights on the latest trends, business developments, demand patterns, and an overview of the regional market, including the current and projected CAGR (Compound Annual Growth Rate) status, and updates on leading manufacturers. These advertisements highlight the quality and hydration benefits of the product, and also emphasize taste and convenience. To analyze the Sugar-Free Sparkling Water with respect to individual growth trends, future prospects, and their contribution to the total market. This is due to the dominance of plain or unflavoured sparkling water due to its lower price range. The largest sparkling water brand in the world is San Pellegrino, with $901 million in sales and a market share of 4.9%. The demand for natural functional drinks is growing as consumers are now more inclined towards safe, clean-labeled, and hygienic ingredients. Sparkling Water Market Size Worth $55.3 Billion by 2028 at 11.7% CAGR Understanding the segments helps in identifying the importance of different factors that aid the market growth. The global sparkling water market size is expected to reach USD 76.95 billion by 2028 and is expected to expand at a CAGR of 12.6% with the natural/mineral segment holding the largest share of . For more details, please read our privacy policy. At what CAGR is the functional water market projected to grow in the forecast period (2021-2028)? Feb 09, 2023 (The Expresswire) -- The list of the top five brands is rounded by La Croix, Bubly, and Perrier, which held respective 13.2%, 8.5%, and 7% of the sparkling water . The global functional water market growth will be propelled by the development of innovative products and the launch of new flavors by manufacturers. The report covered all the points and was very detailed. Specialists have also laid their focus on the upcoming business prospects. Remarkable job and great efforts by your research team. They have additional health benefits, and these benefits can range from increased energy to hydration and probiotic energy. ", 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. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. With this information, the ones in rate might be capable of create new techniques, which consciousness available in the marketplace possibilities in order to advantage them, making their commercial enterprise efforts profitable with inside the process. Growing at a CAGR of 7.55%, the market will exhibit steady growth in the forecast period (2021-2028). "Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales." The global Sparkling Water market size was valued at USD 49582.82 million in 2022 and is expected to expand at a CAGR of 10.66 Persent during the forecast period, reaching USD 91059.83. The global sparkling water market size was valued at USD 29.71 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.6% from 2021 to 2028. Our support available to help you 24 hours a day, five days a week. mesurer votre utilisation de nos sites et applications. For instance, in 2020, Ocean Spray Cranberries, Inc., an American-based company, launched B1U, a new series of functional beverages made with simple ingredients and in recyclable packaging. Chart. To Understand How Covid-19 Impact Is Covered in This Report - https://marketresearchguru.com/enquiry/request-covid19/17205643. What are the factors driving the sparkling water market. The market is likely to experience moderate growth to record a CAGR of 3.2% throughout the forecast period 2022 - 2027. The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Get in touch with us. You can also contact MarketWatch Customer Service via our Customer Center. The market in South America is expected to grow strongly, driven by strong demand for flavored, hygienic, and clean drinking water in the region. The others segment dominated the market and held a share of 36.4% in 2020. This is an enterprise license, allowing all employees within your organization access to the product. To use individual functions (e.g., mark statistics as favourites, set This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2016 to 2028. B1U has launched a series of functional infused water with no sugar or artificial sweeteners. Please do not hesitate to contact me. Some prominent players in the global sparkling water market include: RHODIUS Mineralquellen und Getrnke GmbH & Co. KG, Revenue in USD million/billion and CAGR from 2021 to 2028, Revenue forecast, company ranking, competitive landscape, growth factors, and trends, North America; Europe; Asia Pacific; Central & South America; Middle East & Africa, U.S.; Germany; U.K.; Italy; Spain; France; China; India; Brazil. The fortified water drink contains 200 mg of L-theanine and 10% of the daily value of magnesium. functional beverages and bottled water both of these sectors exhibit strong dominance of key global brands intensely seeking the consolidation of the overall market. Please create an employee account to be able to mark statistics as favorites. Revenue of the cosmetic & beauty industry in the U.S. 2002-2022, Value of the leading global textile exporters in 2021, by country, Vegetable oils: global consumption 2013/14 to 2022/23, by oil type, Cocoa bean production worldwide 2019/20-2021/22, by country, World coffee per capita consumption: major consumer countries 2015, Cosmetics Industry in the U.S. - statistics & facts, Profit from additional features with an Employee Account. This study bestows production and revenue data by type, and during the historical period and forecast period. Get a sample PDF of the report at - https://www.marketresearchguru.com/enquiry/request-sample/17205643.
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