Global Sparkling Water Market, By Product (Purified Water, Mineral Water, Spring Water, Sparkling Water), Category (Plain, Flavoured), Packaging Type (Bottles, Cans, Others), Distribution Channel (Store Based, Non Store Based) – Industry Trends and Forecast to 2029.
Global Sparkling Water Market Analysis and Size
Sparkling water has found a prominent place across the carbonated water sector in the past few years. People are shifting towards healthy beverage options with the increasing incidences of lifestyle diseases. Sparkling water is highly being used as sugar-free alternatives for sodas and juices.
- Global Sparkling Water Market was valued at USD 32.03 billion in 2021 and is expected to reach USD 58.41 billion by 2029, registering a CAGR of 7.80% during the forecast period of 2022-2029. “Mineral Water” accounts for the largest ingredient segment owing to its numerous health benefits. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Global Sparkling Water Market Definition
The sparkling water refers to a form of non-alcoholic beverage that is widely available as carbonated water. This beverage is available in numerous flavors, and is known to be devoid of sugar content, unlike soda water. Sparkling water is usually made out of mineral water as it possesses less amount of solid minerals and carbon dioxide.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2019 - 2014)
Revenue in USD Billion, Volumes in Units, Pricing in USD
Product (Purified Water, Mineral Water, Spring Water, Sparkling Water), Category (Plain, Flavoured), Packaging Type (Bottles, Cans, Others), Distribution Channel (Store Based, Non Store Based)
U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Market Players Covered
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
Sparkling Water Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Inclination towards Healthy Lifestyle
The increase in the consumer preference for sparkling water over sodas and sugary carbonated drinks acts as one of the major factors driving the growth of sparkling water market. The rise in trend of leading a healthy lifestyle among all age groups shifting to healthy and innovative drinks have a positive impact on the industry.
- Awareness Regarding Healthy Lifestyle
The rise in the awareness regarding the importance of leading a healthy lifestyle, accelerate the market growth. People are inclining towards sparkling water owing to the presence of a variety of minerals, including magnesium, calcium and sodium that further enhances digestion and may help relieve constipation.
- Prevalence of Obesity
The increase in the prevalence of obesity among population further influences the market. The presence of low sugar content unlike soda water helps in maintain healthy weight.
Additionally, change in lifestyle, increase in the disposable income and rise in awareness regarding the benefits of the beverage positively affect the sparkling water market.
Furthermore, strategic commercial advertisements on bottled water extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, introduction of various flavours will further expand the market.
Restraints/Challenges Global Sparkling Water Market
On the other hand, low pricing of the other carbonated drinks as sparkling water is expected to obstruct market growth. Also, effect of homegrown taxes and shipping lanes is projected to challenge the sparkling water market in the forecast period of 2022-2029.
This sparkling water market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on sparkling water market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Covid-19 Impact on Sparkling Water Market
The COVID-19 has impacted sparkling water market. The limited investment costs and lack of employees hampered sales and production of beverages. However, market key players adopted new safety measures for developing the products. The online distribution channel changing the shopping habits of people as it offers benefits such as easy payment methods, availability of a wide range of products, doorstep delivery and heavy discounts assisted in the growth of the market during the pandemic, and will further accelerate the growth during the post-pandemic situation.
- PepsiCo, Inc. introduced five new caffeinated sparkling water flavors in February’2021. The flavors include blood orange grapefruit, blueberry pomegranate, citrus cherry flavors, mango passion fruit and triple berry, under its bubly brand.
Global Sparkling Water Market Scope and Market Size
The sparkling water market is segmented on the basis of product, category, packaging type, distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Purified Water
- Mineral Water
- Spring Water
- Sparkling Water
On the basis of product, the sparkling water market is segmented into purified water, mineral water, spring water and sparkling water.
Based on category, the sparkling water market is segmented into plain and flavoured.
Based on packaging type, the sparkling water market is segmented into bottles, cans and others.
- Store Based
- Non-Store Based
Based on distribution channel, the sparkling water market is segmented into store based, and non-store based.
Sparkling Water Market Regional Analysis/Insights
The sparkling water market is analysed and market size insights and trends are provided by country, product, category, packaging type, distribution channel as referenced above.
The countries covered in the sparkling water market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the sparkling water market because of the rise in onsumer preference for healthy alternatives to soft drinks within the region.
Europe is expected to witness significant growth during the forecast period of 2022 to 2029 because of the high use of the product with meals in restaurants in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sparkling Water Market Share Analysis
The sparkling water market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sparkling water market.
Some of the major players operating in the sparkling water market are
- 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)
- Mountain Valley Spring Water (US)
Research Methodology : Global Sparkling Water Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis.
To know more about the research methodology, drop in an inquiry to speak to our industry experts