Global Sparkling Water Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 20222028: Increasing number of health-conscious consumers, rising demand for sparkling water are some of the major factors driving the growth of the Global Sparkling Water Market.
TheGlobal SparklingWater MarketisvaluedatUSD30.36Billion in2021andisexpectedtoreachUSD69.15Billionby2028witha CAGR of 12.48% over the forecastperiod.
Scope-
Sparkling water is a naturally carbonated, refreshing drink; it is the best alternative to alcoholic and carbonated beverages. Apart from this, this water has many health benefits. Sparkling water contains minerals like calcium, magnesium, and sodium and is naturally carbonated. That is why different brands of water taste different according to their bottling sources. This water has many medicinal properties, such as helping improve digestion, increasing the feelingoffullness,relievingconstipation,andimproving swallowing ability. Additionally, it helps improve heart health and reduce the risk of heart disease. Sparkling water is an alternative to carbonated drinks that is healthier if consumed in moderation. Sparkling water dissolves solids like potassium, sodium, and magnesium.
Key Players-
Some major key players for the global sparkling water market report cover prominent players like -
• A.G. Barr
• CG Roxane LLC
• Tempo Beverage Ltd
• Keurig Dr Pepper Inc.
• Dr Pepper/Seven Up Inc
• Ferrarelle
• SANPELLEGRINO
• The Coca-Cola Company.
• PepsiCo
• Nestlé
• others
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Category:
SegmentationBy
Flavoured
Plain
Packaging Type:
By
Bottles
Cans
Others
DistributionChannel:
By
Online
Supermarkets/Hypermarkets
Convenience Stores
Others
Regional
Level:
By
&Country
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• North America
U.S. o Canada • Europe o U.K. o France o Germany o Italy • Asia Pacific
China
Japan
India
Southeast Asia • Latin America
Brazil
Mexico • Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Recent Developments-
Evian Launched Sparkling Water Range with Bubbly Ad Campaign
On May 9th, 2022; Bottled water brand Evian launched its first carbonated variant with a bubbly advertising campaign spanning out-of-home (OOH), social, digital, PR, and sampling, as well as five electric buses decked out in custom branding. At the launch, the event "Add it Sparkle" was on five fully wrapped buses in London. There will also be a collaboration with the product sampling agency Purity.
Evian LaunchedSparklingWater in Cans and Bottles
on January 15th, 2022; Water giant Avian launched its first-ever sparkling water in both canned and bottled form in many markets. Avian Sparkling is now available in 33-ounce aluminum cans as well as 50-ounce and 1-liter 100% RPET bottles and 75-ounce glass bottles. The launch of Evian Sparkling follows the launch of its global campaign "Drink True," which celebrates honesty and integrity while showcasing the purity of uniquely sourced Evian mineral water.
Coca-Cola Launched NewSparkling Water Brand
The Coca-Cola North America beverage company launched Aha Sparkling Water in March 2020 and hopes to attract consumers with the drink's flavor combination and colorful packaging. This is the beverage company's first new brand since 2006, when Gold Peak tea was launched. Aha sparkling water, which has no calories or sodium, will come in eight flavors: lime and watermelon, strawberry and cucumber, citrus and green tea, black cherry and coffee, apple and ginger, orange and grapefruit, blueberry and pomegranate, and peach and honey.
Recent Dynamics-
One of the major factors in the growth of the sparkling water market is the increasing number of health-conscious consumers, and the massive shift towards healthy and nutritious beverages is a major driver for the growth of the sparkling water market. Health-
conscious consumers are looking for healthier options in the beverage market, and sparkling water is currently being used as a healthy and refreshing option for consumers. The increasing incidence of obesity worldwide and in children, as well as health problems associated with high consumption of soft drinks and fast food, are also driving market growth. The sparkling water market is gradually taking a share of the soft drinks market, as sparkling water presents itself to consumers as a unique bottled water beverage despite its no-sugar and calorie-free tag. For instance, according to the International Diabetes Foundation, in 2021, 537 million adults will have diabetes, or 1 in 10. Due to this, citizens are currently focusing on sugar-free products in their daily lives. Due to this, the demand for sparkling water is increasing on the market.
North America Holds a Major Share in the Global Sparkling WaterMarket
Geographically, North America is holding a major share in the global sparkling water market within the forecast period due to the increasing customer preference for healthy alternatives to soft drinks, rising demand for food packaging, and growing adoption of sugar-free food and beverage products. These factors boost the market.
The Asia Pacific is the fastest-growing region in the global sparkling water market due to increasing packaging technology, rising processed food consumption, and high use of the product with meals in restaurants. These factors boost the sparkling water market.
Key Benefits–
• Global Sparkling Water Market report covers in-depth historical and forecast analysis
• Global Sparkling Water Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
• Global Sparkling Water Market report helps to identify opportunities in marketplace.
• Global Sparkling Water Market report covers extensive analysis of emerging trends and competitive landscape.
