under its LaCroix brand. You can also contact MarketWatch Customer Service via our Customer Center. It provides a quantitative analysis of the market size and development potential of each region in the next six years. functional beverages and bottled water both of these sectors exhibit strong dominance of key global brands intensely seeking the consolidation of the overall market. The report also includes company description, major business, Sparkling Water product introduction, recent developments and Sparkling Water sales by region, type, application and by sales channel. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. All rights reserved. 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. Profit from the additional features of your individual account. The developed market of North America is a clear leading region for functional ingredients added water sales owing to its robust growth in the U.S. The online distribution channel is expected to register the fastest growth rate of 13.3% from 2021 to 2028. Final Report will add the analysis of the impact of COVID-19 on this industry. 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. 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. The global market should be understood from its parent/related markets viz. By product, the natural/mineral segment held the largest share of more than 60.0% in 2020. 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. The report offers various insights on the overview of related markets, recent industry developments such as mergers & acquisitions, the regulatory scenario in key countries, and key market trends. This is foreseen to bode well for the regional market in the coming years. North America led the global sparkling water market and held the largest share of over 35.0% in 2020. b. The Sparkling Water market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue (USD millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. You can also contact MarketWatch Customer Service via our Customer Center. Chapter 13: Forecast by type and by application. 1. Sparkling water is one of the fastest . Are you interested in testing our business solutions? The growth rate of the Global Sparkling Water Market is 12.6%, with an estimated value of $76.95 billion by 2028. The flavored natural/mineral and caffeinated sparkling water segment is expected to register a faster growth rate during forecast years as compared to the unflavored segment owing to the increasing launch of fruit-flavored drinks. We use cookies to enhance your experience. These advertisements highlight the quality and hydration benefits of the product, and also emphasize taste and convenience. Healthy hydration, affordably nutritional, and refreshingly thirst-quenching attributes of functional ingredients enriched water are some of the major growth pillars in the global marketplace. As consumers continue to search for complete solutions that can meet their health and wellness needs, functional beverages, especially those containing immune-enhancing ingredients, may continue to receive attention. Along with this, the report provides an elaborative analysis of the market dynamics and competitive landscape. Sparkling Water Market size is expected to reach US$ 82.81 Bn by 2029, at a CAGR of 12% during the forecast period. The ideal entry-level account for individual users. An Infographic Representation of Functional Water Market, To get information on various segments, share your queries with us. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. All Rights Reserved. dvelopper et amliorer nos produits et services. 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. 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. In Europe, quick-service restaurants are expanding at a notable growth rate. We never share your personal data. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Various studies suggested that sparkling water is not as harmful as sodas for dental and bone health. Sparkling water is generally just water infused with pressurized carbon dioxide. Thus, the consumer demand for natural and subtle flavors drinks is expected to drive the functional ingredients enriched water market in this region. The micronutrient is expected to be the leading segment based on ingredient in the global market during the forecast period. Discounted price for multiple reports across domains, 2. Convenience stores are expected to witness greater traction in the foreseeable future owing to their penetration and personalized purchasing experiences. Estimates on production and value are based on the price in the supply chain at which the Sparkling Water are procured by the manufacturers. Consumers are exhibiting an ever-growing inclination towards exotic ingredients and bold flavors that not only appeal to the palette but also are functional in terms of the overall nutritional profile. These drinks are a good substitute for coffee drinks, sweetened teas, and conventional energy drinks. The various benefits that sparkling water is providing include helping to stay hydrated longer, reduce weight, maintain blood pressure, and others. Whats our next move? Feb 23, 2023 (The Expresswire) -- It provides a quantitative analysis of the market size and development potential of each market segment in the next six years. Caffeinated sparkling water is calorie- and sugar-free but contains added caffeine to boost energy levels. From the rise of premium and functional waters to the growing demand for sustainable packaging, the bottled water market is constantly evolving. to incorporate the statistic into your presentation at any time. Is there a problem with this press release? Each license type allows a set number of users to access the report. Danone S.A., The Coca-Cola Company, PepsiCo Inc., and Nestle S.A. are some of the top players in the market. It's positioning as the quintessential health drink continues to resonate with consumers. B1U has launched a series of functional infused water with no sugar or artificial sweeteners. The global functional water market growth will be propelled by the development of innovative products and the launch of new flavors by manufacturers. 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 . The growth of this segment is attributed to rising consumer demand for different flavors such as berry, orange, cucumber, and lemon. The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Get full access to all features within our Business Solutions. Avail customized purchase options to meet your exact research needs. For more details, please read our privacy policy. Innovative Product Development Efforts by Manufacturers to Drive Market Growth. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. As of 2021, the global sparkling water industry has a market size of $33.43 billion. The product is a PDF. 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. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. 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. Which distribution channel led the sparkling water market? 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. These solutions appear in the form of functional foods, as they have the additional function of providing nutritional and health benefits. mesurer votre utilisation de nos sites et applications. To analyze the Sugar-Free Sparkling Water with respect to individual growth trends, future prospects, and their contribution to the total market. liability for the information given being complete or correct. The sparkling bottled water market in the United States is. North America held the largest share of over 35.0% in 2020. https://www.fortunebusinessinsights.com/industry-reports/functional-water-market-100279, Balance Water Company LLC. The wide availability of substitutes like plant-based waters, which provide the same health benefits as functional ingredients enriched water, is anticipated to hamper the growth of this market. b. Health Benefits of Product to Drive Sales during COVID-19 Pandemic. This market covers all packaged still, sparkling and flavoured water. Key global players, recent developments & their impact on the industry, 1. 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. Looking forward to work together on similar projects, We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. statistic alerts) please log in with your personal account. See for yourself. Portfolio expansion, i.e., new product development, remains one of the most preferred strategies by key market players worldwide. At the same time, regulations are being put in place across Asia Pacific to reduce the amount of sugar in beverages. This product is a market research report. Sparkling Water Market size was valued at USD 27.9 billion in 2020 and is anticipated to grow at a CAGR of 11.98% during forecast period.The "sparkle" in sparkling water can also occur naturally, or it can be made artificially using a sparkling water system. Chapter 9: Analysis of sales channel, distributors and customers. 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 document outlines the marketplace size, marketplace traits, and market increase for zzzz industry, categorized with the aid of using kind, utility, and patron sector. The growing demand for natural and healthy water among consumers is driving the growth of this market. The others segment dominated the global sparkling water market and held a share of 36.4% in 2020. b. The fortified water drink contains 200 mg of L-theanine and 10% of the daily value of magnesium. I appreciate the timeliness and responsiveness of you and your team., (applicable to 1 report only for the same license type), The global functional water market is likely to grow from $13.80 billion in 2021 to $22.97 billion in 2028 at a CAGR of 7.55% in forecast period, 2021-2028, 2020 Fortune Business Insights . Functional ingredients enriched with water is a delicious solution for those who are trying to achieve a healthy level of hydration but have trouble meeting the daily recommended amount of water. It will be easily available in North America starting December 2021. Proliferating demand for fortified beverage is a key factor that drives the markets growth. Some of the key questions answered in this report: Sparkling Water Market - Covid-19 Impact and Recovery Analysis: We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. 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. Key players are launching new products in the market in accordance with the demands of health-conscious consumers. on: Celebrate citrus this season with fresh recipes featuring some of your favorite citrus like grapefruits, lemons, mandarins, blood oranges and so much more! To Understand How Covid-19 Impact Is Covered in This Report - https://marketresearchguru.com/enquiry/request-covid19/17205643. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Global bottled water consumption 2007-2017, New Zealand: market share of soft drinks 2019, by category, Market share of leading bottled water companies worldwide 2015, Volume of bottled water sold in the U.S. 2010-2021, Per capita consumption of bottled water in the U.S. 1999-2021, Volume growth of bottled water in the U.S. 2007-2020, Sales volume of bottled water in the United States from 2010 to 2021 (in billion gallons), Sales volume growth of bottled water in the United States from 2007/08 to 2019/20, Leading vendors of bottled water in the U.S. 2020, based on sales, Leading vendors of bottled water in the United States in 2020, based on sales (in million U.S. dollars), Per capita consumption of bottled water in the United States from 1999 to 2021 (in gallons), Trade value of water exported from the United States from 2016 to 2020 (in million U.S. dollars), Trade volume of water exported from the United States from 2016 to 2020 (in 1,000 liters), Trade value of water imported to the United States from 2016 to 2020 (in million U.S. dollars), Trade volume of water imported to the United States from 2016 to 2019 (in million liters), Volume of U.S. water imports 2020, by country, Trade volume of water imported to the United States in 2020, by leading country (in million liters), Value of U.S. water imports 2020, by country, Trade value of water imported to the United States in 2020, by leading country (in million U.S. dollars), Value of U.S. water exports 2020, by country, Trade value of water exported from the United States in 2020, by leading country (in million U.S. dollars), Volume of U.S. water exports 2020, by country, Trade volume of water exported from the United States in 2020, by leading country (in million liters), Sales of the leading bottled still water brands in the U.S. 2022, Sales of the leading bottled still water brands in the United States in 2022 (in million U.S. dollars), Key brands' market share of bottled still water in the U.S. 2022, Market share of the leading bottled still water brands in the United States in 2022, based on sales, Sales of the leading bottled sparkling water brands in the U.S. 2021, Sales of the leading seltzer, bottled sparkling/mineral water brands of the United States in 2021 (in million U.S. dollars), 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, Dollar sales growth of sparkling water in the U.S. 2021, by brand, Sales value growth of sparkling water in the United States in 2021, by brand.