Sparkling Water Market
Sparkling Water Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2018–2028, Segmented By Product ((Natural/Mineral Sparkling Water - Flavored/Unflavored), Caffeinated Sparkling Water - Flavored/Unflavored)); By Distribution Channel (Hypermarket & Supermarket, Convenience Stores, Online, Others); By Packaging (Bottles and Cans), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
- Published Date: September 2022
- Report ID: BWC22354
- Available Format: PDF
- Page: 250
Report Overview
An increasing number of consumers’ preferences for natural carbonated sparkling water due to their flavor, effervescence, and health advantages are expected to boost the growth of global sparkling water market at a significant growth rate during the forecast period between 2022 and 2028.
Global Sparkling Water Market size estimated at USD 30.48 billion in 2021. It is forecast to grow at a significant CAGR of 9% between 2022 and 2028, to reach a value of USD 57.22 billion by 2028. People worldwide are gradually switching to healthy drinks, including sparkling water, as the trend toward living a healthy lifestyle among all age groups grows. Over the forecast period, global sparkling water market is expected to be driven by consumers' increasing preference for sparkling water over soda and other sweet, carbonated beverages. The bulk of public spaces and workplaces were closed during the first few months of the Covid-19 pandemic, which had a severe negative impact on the commercial demand for sparkling water.
Global Sparkling Water Market - Overview
Sparkling water is seen as a substitute for alcoholic and carbonated beverages, as it is naturally carbonated and refreshing. The sparkling water also has a lot of health advantages. It lessens the chance of heart health problems and aids in improving the digestive system.
Global Sparkling Water Market - Industry Trends and Market Forecast
Growth Drivers
Growing Preference for Healthy Water and Lifestyle
One of the key drivers of the sparkling water market is the rise in consumer preference for sparkling water over sodas and sweet carbonated drinks. The market has benefited from the growing trend of leading a healthy lifestyle among all age groups by switching to healthy and novel drinks. The market's expansion is accelerated by the growing awareness of the value of living a healthy lifestyle. Due to the presence of certain minerals, such as magnesium, calcium, and salt, which further improve digestion and may reduce constipation, people are gravitating toward sparkling water.
Increasing Awareness about Weight Management
The prevalence of obesity among the global population is rising, which has an additional impact on the market. Low sugar content, as opposed to that soda water, aids in maintaining a healthy weight. Sparkling water is seen as a healthier alternative to soda water. This, in turn, could drive the Global Sparkling Water Market.
Restraints
Substantially High Cost of Sparkling Water
High cost of alternative carbonated beverages such as sparkling water, on the other hand, is anticipated to impede the market expansion. The impact of domestic taxes and shipping lanes may affect the growth of the Global Sparkling Water Market.
Segment Coverage
Global Sparkling Water Market - By Product
The natural/mineral sparkling water is a leading segment in the Global Sparkling Water market by product. Consumer’s increasing demand for clean, natural water is fueling the segment's growth. Sparkling water with added caffeine has no calories or sugar and is intended to increase energy. Manufacturers are attempting to introduce new variations of the product with caffeine in it as consumers seek sparkling water with extra advantages. The expansion of this segment is linked to an increase in consumer interest in flavors such as berry, orange, cucumber, and lemon.
Global Sparkling Water Market - By Distribution Channel
Convenience stores, supermarkets, and hypermarkets collectively account for a sizable portion in the Global Sparkling Water Market by channel of distribution. The availability of various premium and private label brands in these retailers also draws customers to these channels for product purchases. To improve consumers' shopping experiences, these stores' membership programs offer advantages including discounts and access to limitless free delivery. The online distribution channel, however, is expected to grow at the fastest rate. One of the key elements boosting sales through the online channel is the change in consumer shopping behavior. Millennials and the younger generation are choosing online platforms because of the advantages they offer, such as buying from the convenience of one's home, doorstep delivery, free shipping, subscription services, and discounts.
Global Sparkling Water Market - By Packaging
The sparkling water market is divided into bottles and cans based on packaging. While the bottles category is expected to record growth at a higher CAGR in the market throughout the projected period, the cans segment held a bigger market share in 2020. Due to the fashionable, vibrant, and compact packaging of cans, millennials are becoming more accepting of them. Sparkling water can be conveniently consumed at anytime and anywhere by consumers holding a can in their hands. Cans have a superior airtight seal characteristic to bottles and limit the amount of light and oxygen that the product packed inside them is exposed to. As a result, sparkling water packaged in cans keeps its flavor and freshness longer than sparkling water packaged in simple, transparent bottles.
Impact of COVID-19 on Global Sparkling Water Market
The global sparkling water market has been impacted by COVID-19. Sales and beverage manufacturing were impeded by low investment costs and a lack of workers. In response, the players adopted new safety measures for developing the products. As it provides benefits such as simple payment options, availability of a wide range of products, doorstep delivery, and significant discounts, the online distribution channel is changing how people shop, which helped the market grow during the pandemic and will help it grow even more during the post-pandemic period.
Regional Insights
In the Global Sparkling Water Market by region, North America holds the leadership position. The primary driver of the regional market is the growing customer preference for healthy alternatives to soft drinks. Consumers are being persuaded to drink sparkling water due to its advantages, such as increased intake, easier digestion, and improved bone and heart health. The easy availability of the product across distribution channels will accelerate the market expansion in the region.
Competitive Landscape
Prominent players in Global Sparkling Water Market include Nestlé, 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 Getränke GmbH & Co. KG, AQUA Carpatica, Northwest Coffee, Volay Brands, LLC, WakeWater Beverage Co., Big Watt Cold Beverage Co., CG Roxane, LLC, Tempo Beverage Ltd, and Ferrarelle (Italy). These companies follow various strategies including mergers and acquisitions, partnerships, collaborations, and joint ventures to expand their reach in Global Sparkling Water Market.
Recent Developments
- In January 2021, Evian introduced its first sparkling water in both can and bottle forms.
- In February 2021, PepsiCo, Inc., unveiled five new varieties of caffeinated sparkling water. Under its bubbly brand, the flavors include triple berry, blood orange grapefruit, blueberry pomegranate, citrus cherry tastes, mango passion fruit, and blood orange grapefruit.
Scope of the Report
Attributes | Details |
Years Considered | Historical Data – 2018–2021 |
Base Year – 2021 | |
Estimated Year – 2022 | |
Forecast – 2021–2028 | |
Facts Covered | Revenues in USD Billion |
Market Coverage | North America, Europe, Asia Pacific, Central & South America, Middle East & Africa |
Product/Service Segmentation | By Product, By Distribution Channel, By packaging (Bottles and Cans) |
Key Players | Nestlé, 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 Getränke GmbH & Co. KG, AQUA Carpatica, Northwest Coffee, Volay Brands, LLC, WakeWater Beverage Co., Big Watt Cold Beverage Co., CG Roxane, LLC, and Tempo Beverage Ltd, Ferrarelle (Italy) |
By Product
- Natural/Mineral Sparkling Water
- Flavored
- Unflavored
- Caffeinated Sparkling Water
- Flavored
- Unflavored
By Distribution Channel
- Hypermarket & Supermarket
- Convenience Stores
- Online Stores
- Others
By Packaging
- Bottles
- Cans
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumption & Limitation
- Qualitative Research
- Executive Summary
- Global Sparkling Water Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Restraints
- Opportunities
- Challenges
- Technological Advancement/Recent Development
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Global Sparkling Market Overview
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- Natural/Mineral Sparkling Water
- By Product
- Market Size & Forecast by Value, 2018–2028
5.2.1.1.1 Flavored
5.2.1.1.2 Unflavored
5.2.1.2 Caffeinated Sparkling Water
5.2.1.2.1 Flavored
5.2.1.2.2 Unflavored
-
-
- By Distribution Channel
- Hypermarket & Supermarket
- Convenience Stores
- Online
- Others
- By Packaging
- Bottles
- Cans
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- By Distribution Channel
-
- North America Sparkling Water Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Distribution Channel
- By Packaging
- By Country
- United States
- Canada
- Market Size & Forecast by Value, 2018–2028
- Europe Sparkling Water Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Distribution Channel
- By Packaging
- By Country
- Germany
- United Kingdom
- Italy
- France
- Spain
- The Netherlands
- Belgium
- NORDIC Countries
- Rest of Europe
- Market Size & Forecast by Value, 2018–2028
- Asia-Pacific Sparkling Water Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Distribution Channel
- By Packaging
- By Country
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
- Malaysia
- Singapore
- Philippines
- Vietnam
- Rest of Asia Pacific
- Market Size & Forecast by Value, 2018–2028
- Latin America Sparkling Water Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Distribution Channel
- By Packaging
- By Country
-
- Brazil
- Mexico
- Argentina
- Peru
- Rest of Latin America
-
- Market Size & Forecast by Value, 2018–2028
- The Middle East & Africa Sparkling Water Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Distribution Channel
- By Packaging
- By Country
- Saudi Arabia
- UAE
- South Africa
- Qatar
- Kuwait
- Iran
- Nigeria
- Kenya
- Egypt
- Morocco
- Algeria
- Turkey
- Rest of Middle East & Africa
- Market Size & Forecast by Value, 2018–2028
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share Analysis, 2021
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
- Impact of COVID-19 on Global Sparkling Water Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
- Nestlé
- 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 Getränke GmbH & Co. KG
- AQUA Carpatica
- Northwest Coffee
- Volay Brands, LLC
- WakeWater Beverage Co.
- Big Watt Cold Beverage Co.
- CG Roxane, LLC
- Tempo Beverage Ltd
- Ferrarelle
- Reignwood Investments UK Ltd
- LaCroix Beverages, Inc. (US)
- GEROLSTEINER BRUNNEN GMBH & CO. KG
- Mountain Valley Spring Water
- Others
- Key Strategic Recommendations
*Financial information in case of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Figure 1 Figure 1 Global Sparkling Water System Segmentation
Figure 2 Global Sparkling Water System Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2021
Figure 4 Global Sparkling Water System Market Size, By Value (USD Million), 2018–2028
Figure 5 Global Sparkling Water System Market Share, By Product, By Value, 2018–2028
Figure 6 Global Sparkling Water System Market Share, By Distribution Channel, By Value, 2018–2028
Figure 7 Global Sparkling Water System Market Share, By Packaging, By Value, 2018–2028
Figure 8 Global Sparkling Water System Market Share, By Region, By Value, 2018–2028
Figure 9 North America Sparkling Water System Market Size, By Value (USD Million), 2018–2028
Figure 10 North America Sparkling Water System Market Share, By Product, By Value, 2018–2028
Figure 11 North America Sparkling Water System Market Share, By Distribution Channel, By Value, 2018–2028
Figure 12 North America Sparkling Water System Market Share, By Packaging, By Value, 2018–2028
Figure 13 North America Sparkling Water System Market Share, By Country, By Value, 2018–2028
Figure 14 Europe Sparkling Water System Market Size, By Value (USD Million), 2018–2028
Figure 15 Europe Sparkling Water System Market Share, By Product, By Value, 2018–2028
Figure 16 Europe Sparkling Water System Market Share, By Distribution Channel, By Value, 2018–2028
Figure 17 Europe Sparkling Water System Market Share, By Packaging, By Value, 2018–2028
Figure 18 Europe Sparkling Water System Market Share, By Country, By Value, 2018–2028
Figure 19 Asia-Pacific Sparkling Water System Market Size, By Value (USD Million), 2018–2028
Figure 20 Asia-Pacific Sparkling Water System Market Share, By Product, By Value, 2018–2028
Figure 21 Asia-Pacific Sparkling Water System Market Share, By Distribution Channel, By Value, 2018–2028
Figure 22 Asia-Pacific Sparkling Water System Market Share, By Packaging, By Value, 2018–2028
Figure 23 Asia-Pacific Sparkling Water System Market Share, By Country, By Value, 2018–2028
Figure 24 Latin America Sparkling Water System Market Size, By Value (USD Million), 2018–2028
Figure 25 Latin America Sparkling Water System Market Share, By Product, By Value, 2018–2028
Figure 26 Latin America Sparkling Water System Market Share, By Distribution Channel, By Value, 2018–2028
Figure 27 Latin America Sparkling Water System Market Share, By Packaging, By Value, 2018–2028
Figure 28 Latin America Sparkling Water System Market Share, By Country, By Value, 2018–2028
Figure 29 Middle East & Africa Sparkling Water System Market Size, By Value (USD Million), 2018–2028
Figure 30 Middle East & Africa Sparkling Water System Market Share, By Product, By Value, 2018–2028
Figure 31 Middle East & Africa Sparkling Water System Market Share, By Distribution Channel, By Value, 2018–2028
Figure 32 Middle East & Africa Sparkling Water System Market Share, By Packaging, By Value, 2018–2028
Figure 33 Middle East & Africa Sparkling Water System Market Share, By Country, By Value, 2018–2028
List of Tables
Table 1 Global Sparkling Water System Market Size, By Product, By Value, 2018–2028
Table 2 Global Sparkling Water System Market Size, By Distribution Channel, By Value, 2018–2028
Table 3 Global Sparkling Water System Market Size, By Packaging, By Value, 2018–2028
Table 4 Global Sparkling Water System Market Size, By Region, By Value, 2018–2028
Table 5 North America Sparkling Water System Market Size, By Product, By Value, 2018–2028
Table 6 North America Sparkling Water System Market Size, By Distribution Channel, By Value, 2018–2028
Table 7 North America Sparkling Water System Market Size, By Packaging, By Value, 2018–2028
Table 8 North America Sparkling Water System Market Size, By Country, By Value, 2018–2028
Table 9 Europe Sparkling Water System Market Size, By Product, By Value, 2018–2028
Table 10 Europe Sparkling Water System Market Size, By Distribution Channel, By Value, 2018–2028
Table 11 Europe Sparkling Water System Market Size, By Packaging, By Value, 2018–2028
Table 12 Europe Sparkling Water System Market Size, By Country, By Value, 2018–2028
Table 13 Asia-Pacific Sparkling Water System Market Size, By Product, By Value, 2018–2028
Table 14 Asia-Pacific Sparkling Water System Market Size, By Distribution Channel, By Value, 2018–2028
Table 15 Asia-Pacific Sparkling Water System Market Size, By Packaging, By Value, 2018–2028
Table 16 Asia-Pacific Sparkling Water System Market Size, By Country, By Value, 2018–2028
Table 17 Latin America Sparkling Water System Market Size, By Product, By Value, 2018–2028
Table 18 Latin America Sparkling Water System Market Size, By Distribution Channel, By Value, 2018–2028
Table 19 Latin America Sparkling Water System Market Size, By Packaging, By Value, 2018–2028
Table 20 Latin America Sparkling Water System Market Size, By Country, By Value, 2018–2028
Table 21 Middle East & Africa Sparkling Water System Market Size, By Product, By Value, 2018–2028
Table 22 Middle East & Africa Sparkling Water System Market Size, By Distribution Channel, By Value, 2018–2028
Table 23 Middle East & Africa Sparkling Water System Market Size, By Packaging, By Value, 2018–2028
Table 24 Middle East & Africa Sparkling Water System Market Size, By Country, By Value, 2018–2028
Table 25 Nestlé Company Overview
Table 26 Nestlé Financial Overview
Table 27 PepsiCo, Inc. Company Overview
Table 28 PepsiCo, Inc. Financial Overview
Table 29 National Beverage Corp. Company Overview
Table 30 National Beverage Corp. Financial Overview
Table 31 Talking Rain Company Overview
Table 32 Talking Rain Financial Overview
Table 33 Keurig Dr Pepper Inc. Company Overview
Table 34 Keurig Dr Pepper Inc. Financial Overview
Table 35 Danone S.A. Company Overview
Table 36 Danone S.A. Financial Overview
Table 37 SANPELLEGRINO S.P.A Company Overview
Table 38 SANPELLEGRINO S.P.A Financial Overview
Table 39 Clear Cut Phocus Company Overview
Table 40 Clear Cut Phocus Financial Overview
Table 41 Caribou Coffee Operating Company, Inc. Company Overview
Table 42 Caribou Coffee Operating Company, Inc. Financial Overview
Table 43 Hiball Company Overview
Table 44 Hiball Financial Overview
Table 45 RHODIUS Mineralquellen und Getränke GmbH & Co. KG
Table 46 RHODIUS Mineralquellen und Getränke GmbH & Co. KG
Table 47 AQUA Carpatica Company Overview
Table 48 AQUA Carpatica Financial Overview
Table 49 Lab SA Comapany Overview
Table 50 Lab SA Financial Overview
Table 51 Marsulex Environmental Technologies Company Overview
Table 52 Marsulex Environmental Technologies Financial Overview
Table 53 Northwest Coffee Company Overview
Table 54 Northwest Coffee Financial Overview
Table 55 Volay Brands, LLC Company Overview
Table 56 Volay Brands, LLC Financial Overview
Table 57 Big Watt Cold Beverage Co. Company Overview
Table 58 Big Watt Cold Beverage Co. Company Overview
Table 59 CG Roxane, LLC Company Overview
Table 60 CG Roxane, LLC Financial Overview
Table 61 Tempo Beverage Ltd Company Overview
Table 62 Tempo Beverage Ltd Financial Overview
Table 63 Ferrarelle Company Overview
Table 64 Ferrarelle Financial Overview
Table 65 Reignwood Investments UK Ltd Company Overview
Table 66 Reignwood Investments UK Ltd Financial Overview
Table 67 LaCroix Beverages, Inc. (US) Company Overview
Table 68 LaCroix Beverages, Inc. (US) Financial Overview
Table 69 GEROLSTEINER BRUNNEN GMBH & CO. KG Company Overview
Table 70 GEROLSTEINER BRUNNEN GMBH & CO. KG Financial Overview
Table 71 Mountain Valley Spring Water Company Overview
Table 72 Mountain Valley Spring Water Financial Overview
Market Segmentation
By Product
- Natural/Mineral Sparkling Water
- Flavored
- Unflavored
- Caffeinated Sparkling Water
- Flavored
- Unflavored
By Distribution Channel
- Hypermarket & Supermarket
- Convenience Stores
- Online Stores
- Others
By Packaging
- Bottles
- Cans
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