This statistic is not included in your account. The flavored variants are increasingly preferred owing to their taste, dizziness, and health benefits. 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. Published by Statista Research Department , Oct 7, 2016 This statistic shows the sales value of sparkling water in the United States from 2015 to 2016, and provides a forecast until 2021. However, with more relaxations on rules, the market for the aforementioned functional ingredients added water has started gaining traction again. Im 66, we have more than $2 million, I just want to golf can I retire? With the growing awareness regarding the importance of leading a healthy lifestyle, people are switching to sparkling water due to the presence of a variety of minerals, including sodium, magnesium, and calcium, in the product. Explore purchase options. Business Solutions including all features. Share article Citrus-ly Good Recipes! Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. Which is the key factor driving the market? This section of the report provides key insights regarding various regions and the key players operating in each region. The growing demand for natural and healthy water among consumers is driving the segment. Convenience stores help consumers on the go stay hydrated, and with consumers increasingly looking for healthier options, there are plenty of opportunities to promote and grow sales of functional ingredients added water. The Global Sparkling Water Market is estimated to be worth $76.95 billion by 2028. Europe is the second-largest market for functional ingredients enriched water. Chapter 13: Forecast by type and by application. You can also contact MarketWatch Customer Service via our Customer Center. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. b. Profit from the additional features of your individual account. Each license type allows a set number of users to access the report. This website uses cookies to ensure you get the best experience. Europe accounted for a significant share in 2020. We use cookies to enhance your experience. It provides a quantitative analysis of the market size and development potential of each region in the next six years. Privacy Policy. In addition, due to the increasing standard of living, many people switch from carbonated water to functional ingredients added water. functional beverages and bottled water both of these sectors exhibit strong dominance of key global brands intensely seeking the consolidation of the overall market. This product is a market research report. Olha will help you find what you are looking for. To Understand How Covid-19 Impact Is Covered in This Report - https://marketresearchguru.com/enquiry/request-covid19/17205643. Thank you!, I recommend Fortune Business Insights for their honesty and flexibility. B1U has launched a series of functional infused water with no sugar or artificial sweeteners. 6. We value your investment and offer free customization with every report to fulfil your exact research needs. In the face of this "push" in government regulation and the "pull" of growing consumer demand for healthier options, more businesses and regulatory requirements for APAC beverage manufacturers are paying more attention to their products' functional properties. Which distribution channel led the sparkling water market? This is a very good piece of work and will be very helpful to us going forward. Apart from business strategies, the study includes current developments and key financials. Final Report will add the analysis of the impact of COVID-19 on this industry. This graph presents the market share of the leading bottled sparkling water brands in the United States in 2020. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. Flavored caffeinated sparkling water held the largest share of 85.4% in 2020. "The quality of research they have done for us has been excellent.". Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Remarkable job and great efforts by your research team. It additionally affords the proper insights and evaluation which are crucial to layout powerful commercial enterprise techniques and set the proper direction for improved boom for all enterprise gamers involved. Supermarkets and hypermarkets hold sway in the distribution channels for the product sales this retail distribution is leading based on the variety, availability, and accessibility of enhanced water. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The global impact of COVID-19 has been significant, with functional water products witnessing an increasing demand across all regions amid the pandemic. Which product segment accounted for the largest sparkling water market share? Together with the optimistic revenue projections. Distribution Channel Movement Analysis & Market Share, 2020 & 2028, 7.1. Free trial, before you make a purchase decision. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. The market is likely to grow from USD 13.80 billion in 2021 to USD 22.97 billion in 2028 at a CAGR of 7.55% during 2021-2028. Which distribution channel is expected to dominate the global market? Portfolio expansion, i.e., new product development, remains one of the most preferred strategies by key market players worldwide. b. Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. The market is segmented by ingredient, distribution channel, and region. Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, revenue, , price, gross margin, product introduction, recent development, etc. They have also talked about the growth opportunities that the segment may pose in the future. Various studies suggested that sparkling water is not as harmful as sodas for dental and bone health. 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. Looking forward to work together in the future, It has been a delightful experience working with you guys. https://www.fortunebusinessinsights.com/industry-reports/functional-water-market-100279, Balance Water Company LLC. The growing interest among individuals in drinks providing a pleasurable bubbly sensation is driving the demand for sparkling water in the forecast period. It provides a quantitative analysis of the market size and development potential of each market segment in the next six years. North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. Key companies in the Global Sparkling Water Market include Talking Rain, Nestl, PepsiCo, Inc., Keurig Dr Pepper Inc., The Coca, Cola Company, SANPELLEGRINO S.P.A, Danone S.A. and RHODIUS Mineralquellen und Getrnke GmbH & Co. KG. Some of the prominent players reviewed in the research report include: Get Sample Copy of Sparkling Water Market Report. With 25.3 percent of market share, the private-label still water category dominates the water category, while market share in the seltzer/sparkling/mineral bottled waters category is more evenly distributed between private label (17.7 percent); Sparkling Ice (16 percent); and La Croix (12.6 percent), it reports. Functional beverages as a whole have robustly emerged as a preferred drink over soft drinks due to lower sugar content and lack of synthetic additives such as colors, flavors, and preservatives. to incorporate the statistic into your presentation at any time. Please select an option from the list below. 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. b. The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. We never share your personal data. Availability of Substitutes Including Energy and Sports Drinks to Hamper Market Growth. Convenience stores are expected to witness greater traction in the foreseeable future owing to their penetration and personalized purchasing experiences. Key brands' market share of bottled sparkling water in the U.S. 2021 Market share of the leading seltzer, bottled sparkling/mineral water brands in the United States in 2021, based on sales Consumers look for better-for-you alternatives to carbonated soft drinks (CSDs), and the innovation in flavor is driving the functional ingredients enriched water category's success. Understanding the segments helps in identifying the importance of different factors that aid the market growth. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. The product is a PDF. This report also outlines the market trends of each segment and consumer behaviors impacting the Sparkling Water market and what implications these may have on the industry's future. No purchase commitment. The functional hydration experience has become a key focus for most soft drinks giants, which are either innovating on the composition of the product or creating a context where consumers are lured to purchase it. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). The market in South America is expected to grow strongly, driven by strong demand for flavored, hygienic, and clean drinking water in the region. Statista assumes no For the 52 weeks ended May 17, 2020, private labels held a market share. We earn $400,000 and spend beyond our means. For more details, please read our privacy policy. The most important key figures provide you with a compact summary of the topic of "Bottled water market in the United States" and take you straight to the corresponding statistics. Feb 23, 2023 (The Expresswire) -- They have been introducing several new beverages and food items inspired by national as well as international cuisines in order to further their footprint in an increasingly competitive environment. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Get a Sample PDF of report: https://www.360marketupdates.com/enquiry/request-sample/22380166. This market covers all packaged still, sparkling and flavoured water. Sparkling water is one of the fastest . The sparkling product segment accounted for the highest revenue share of more than 72% in 2020 and is estimated to expand further at a steady CAGR from 2021 to 2028. Flavored sparkling water costs around US$ 1.72 and normal or unflavoured costs around US$ 0.70, which has positively impacted the demand of the plain market. Thus, the consumer demand for natural and subtle flavors drinks is expected to drive the functional ingredients enriched water market in this region. The emergence of sports drinks, energy drinks, and health drinks paved the way for the entire function-specific beverage movement. As people's awareness of obesity and diet-related diseases increases, the food and beverage industry is increasingly focusing on adding more fiber to beverages to obtain benefits such as calorie reduction, weight control, and promoting digestive health.
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