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In 2022, the market for sparkling water was estimated to be worth $33.10 billion. During the projection period (2023-2030), the sparkling water market is expected to expand from its current value of USD 37.29 Billion to reach USD 75.55 Billion, a CAGR (compound annual growth rate) of 14.50 percent. The primary market drivers boosting market expansion are the expanding industry participants' attempts to innovate and improve packaging and product marketing.
People of all ages are increasingly adopting a healthful lifestyle, and with this comes a demand for healthier and more novel beverages, such as carbonated water. Over the forecast period, the market is expected to be driven by consumers' rising preference for sparkling water over sodas and other sugary carbonated drinks. Due to the widespread closure of businesses and government buildings in the early stages of the Covid-19 epidemic, commercial demand for sparkling water dropped dramatically. However, widespread home isolation orders have boosted the market for bottled water of many kinds among homes across the globe, including sparkling water. According to the International Bottled Water Association (IBWA), this increase in demand has been met with increased production from the bottled water industry.
Carbonated water, also known as "sparkling water," is a popular non-alcoholic drink. Unlike carbonated water, which contains sugar, this beverage comes in a wide variety of tastes while still being sugar-free. Because it contains fewer solid minerals and carbon dioxide, mineral water is frequently used to create sparkling water. Because of its high mineral content, which includes sodium, magnesium, and calcium, sparkling water is becoming increasingly popular as people become more health conscious. The substance provides a number of benefits, including the enhancement of digestion and the possible alleviation of constipation.
The worldwide demand for carbonated water suffered a minor setback due to the COVID-19 pandemic. In the early months of the epidemic, sales of soda water beverages dropped precipitously. Delays in production, shipping, and logistics have also reduced supplies of several labels and flavors. In addition, trade barriers and disruptions in global supply chains acted as a major drag on the market. Consistent customer interest in healthy beverage options, however, helped the market recover as the situation developed and limitations were loosened.
If you're trying to cut less on sugary drinks but still want something refreshing, try some flavored carbonated water. These beverages are a great option for those who are concerned about their health without having to sacrifice flavor. To meet consumer demand, beverage manufacturers have introduced an array of sparkling water tastes and brands, which has contributed to the industry's rapid expansion. Topo-Chico, a brand of sparkling mineral water, launched fruit-flavored carbonated waters with herbal extracts in the United States in April 2023, thereby expanding the brand's market beyond the mineral water category.
The price of bottled sparkling water, especially if it is a name brand or flavored, is more than that of plain water or other soft drinks. Competition from cheaper alternatives like carbonated drinks and plain water is expected to slow the growth of the global market. Potential obstacles to market expansion include rising transportation costs and domestic taxation. Market expansion may also be hampered by consumers' general unfamiliarity with the product.
Consumers are increasingly opting for sparkling water over soda and other sugary fizzy drinks because of the health benefits associated with drinking it. Sugary drinks are harmful to teeth, but sparkling water has neither sugar nor calories. Carbonated water aids digestion and bowel motions, especially for the constipated. Scientists have discovered that drinking carbonated water improves heart health and alleviates other dyspepsia symptoms including stomach pain. The good HDL cholesterol is increased by drinking carbonated water. The chemical also helps with digestion and can reduce constipation, among its many other uses. Several studies have found that sparkling water has more positive effects on bone and tooth health than soda. Soda and other sugary carbonated drinks have led many customers to believe that carbonated water is a healthier alternative.
Individual market affecting factors and changes in domestic market regulation are also provided in the report's nation section, highlighting their effects on the present and future market trends. To foretell the future of the market in each country, analysts employ data such down- and upstream value chain analysis, technological trends, porter's five forces analysis, and case studies. Also, the presence and availability of global brands and their obstacles faced owing to significant or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are addressed while offering forecast analysis of the country data.
Report Coverage
Global Sparkling Water research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Sparkling Water report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Sparkling Water competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Sparkling Water market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Sparkling Water market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Sparkling Water market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
PepsiCo (US), Nestlé, A.G. (Switzerland), The Coca-Cola Company. (US), CG Roxane, LLC (US), Tempo Beverage Ltd (Israel), Keurig Dr Pepper Inc. (US), Dr Pepper/Seven Up, Inc (US), Ferrarelle (Italy), SANPELLEGRINO (Italy), Reignwood Investments UK Ltd (UK), LaCroix Beverages, Inc. (US), GEROLSTEINER BRUNNEN GMBH & CO. KG (Germany), and Mountain Valley Spring Water (US), among others
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Sparkling Water market based on the below-mentioned segments:
Global Sparkling Water Market, By Type
Natural/Mineral Sparkling Water
Caffeinated Sparkling Water
Global Sparkling Water market, By Distribution Channel
Store-Based
Non-Store-Based
Global Sparkling Water market, Regional Analysis
People of all ages are increasingly adopting a healthful lifestyle, and with this comes a demand for healthier and more novel beverages, such as carbonated water. Over the forecast period, the market is expected to be driven by consumers' rising preference for sparkling water over sodas and other sugary carbonated drinks. Due to the widespread closure of businesses and government buildings in the early stages of the Covid-19 epidemic, commercial demand for sparkling water dropped dramatically. However, widespread home isolation orders have boosted the market for bottled water of many kinds among homes across the globe, including sparkling water. According to the International Bottled Water Association (IBWA), this increase in demand has been met with increased production from the bottled water industry.
Carbonated water, also known as "sparkling water," is a popular non-alcoholic drink. Unlike carbonated water, which contains sugar, this beverage comes in a wide variety of tastes while still being sugar-free. Because it contains fewer solid minerals and carbon dioxide, mineral water is frequently used to create sparkling water. Because of its high mineral content, which includes sodium, magnesium, and calcium, sparkling water is becoming increasingly popular as people become more health conscious. The substance provides a number of benefits, including the enhancement of digestion and the possible alleviation of constipation.
The worldwide demand for carbonated water suffered a minor setback due to the COVID-19 pandemic. In the early months of the epidemic, sales of soda water beverages dropped precipitously. Delays in production, shipping, and logistics have also reduced supplies of several labels and flavors. In addition, trade barriers and disruptions in global supply chains acted as a major drag on the market. Consistent customer interest in healthy beverage options, however, helped the market recover as the situation developed and limitations were loosened.
If you're trying to cut less on sugary drinks but still want something refreshing, try some flavored carbonated water. These beverages are a great option for those who are concerned about their health without having to sacrifice flavor. To meet consumer demand, beverage manufacturers have introduced an array of sparkling water tastes and brands, which has contributed to the industry's rapid expansion. Topo-Chico, a brand of sparkling mineral water, launched fruit-flavored carbonated waters with herbal extracts in the United States in April 2023, thereby expanding the brand's market beyond the mineral water category.
The price of bottled sparkling water, especially if it is a name brand or flavored, is more than that of plain water or other soft drinks. Competition from cheaper alternatives like carbonated drinks and plain water is expected to slow the growth of the global market. Potential obstacles to market expansion include rising transportation costs and domestic taxation. Market expansion may also be hampered by consumers' general unfamiliarity with the product.
Consumers are increasingly opting for sparkling water over soda and other sugary fizzy drinks because of the health benefits associated with drinking it. Sugary drinks are harmful to teeth, but sparkling water has neither sugar nor calories. Carbonated water aids digestion and bowel motions, especially for the constipated. Scientists have discovered that drinking carbonated water improves heart health and alleviates other dyspepsia symptoms including stomach pain. The good HDL cholesterol is increased by drinking carbonated water. The chemical also helps with digestion and can reduce constipation, among its many other uses. Several studies have found that sparkling water has more positive effects on bone and tooth health than soda. Soda and other sugary carbonated drinks have led many customers to believe that carbonated water is a healthier alternative.
Individual market affecting factors and changes in domestic market regulation are also provided in the report's nation section, highlighting their effects on the present and future market trends. To foretell the future of the market in each country, analysts employ data such down- and upstream value chain analysis, technological trends, porter's five forces analysis, and case studies. Also, the presence and availability of global brands and their obstacles faced owing to significant or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are addressed while offering forecast analysis of the country data.
Report Coverage
Global Sparkling Water research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Sparkling Water report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Sparkling Water competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Sparkling Water market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | PepsiCo (US), Nestlé, A.G. (Switzerland), The Coca-Cola Company. (US), CG Roxane, LLC (US), Tempo Beverage Ltd (Israel), Keurig Dr Pepper Inc. (US), Dr Pepper/Seven Up, Inc (US), Ferrarelle (Italy), SANPELLEGRINO (Italy), Reignwood Investments UK Ltd (UK), LaCroix Beverages, Inc. (US), GEROLSTEINER BRUNNEN GMBH & CO. KG (Germany), and Mountain Valley Spring Water (US), among others |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Sparkling Water Market from 2021 to 2030.
- Market Forecast for Sparkling Water Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Sparkling Water competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Sparkling Water
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Sparkling Water market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Sparkling Water market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
PepsiCo (US), Nestlé, A.G. (Switzerland), The Coca-Cola Company. (US), CG Roxane, LLC (US), Tempo Beverage Ltd (Israel), Keurig Dr Pepper Inc. (US), Dr Pepper/Seven Up, Inc (US), Ferrarelle (Italy), SANPELLEGRINO (Italy), Reignwood Investments UK Ltd (UK), LaCroix Beverages, Inc. (US), GEROLSTEINER BRUNNEN GMBH & CO. KG (Germany), and Mountain Valley Spring Water (US), among others
Primary Target Market
- Market Players of Sparkling Water
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Sparkling Water market based on the below-mentioned segments:
Global Sparkling Water Market, By Type
Natural/Mineral Sparkling Water
Caffeinated Sparkling Water
Global Sparkling Water market, By Distribution Channel
Store-Based
Non-Store-Based
Global Sparkling Water market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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