IMARC Group, a leading market research company, has recently releases a report titled “Sparkling Water Market Report by Product (Natural/Mineral Sparkling Water, Caffeinated Sparkling Water), Packaging Type (Glass Bottles, Plastic Bottles, Cans), Distribution Channel (Hypermarkets and Supermarkets, Convenience Stores, Online Stores, and Others), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the global sparkling water market.
How big is the Sparkling Water Market?
The global sparkling water market size is projected to exhibit a growth rate (CAGR) of 9.45% during 2024-2032.
Industry Overview of Sparkling Water
Sparkling water, also known as carbonated water or soda water, is a refreshing beverage that is characterized by its effervescence. It is available as plain and with natural fruit essences and minerals like calcium and magnesium. It is a versatile drink that can be enjoyed on its own or used as a base for various flavored concoctions. It is known for its crisp and bubbly nature, making it a delightful alternative to regular water. It does not contain added sugars, artificial flavors, or calories as compared to other carbonated beverages like soda or soft drink, which makes it suitable for health-conscious individuals. Besides this, it aids in digestion by relieving bloating or indigestion. As it also assists in maintaining hydration and creating a sense of fullness or satisfaction, the demand for sparkling water is increasing around the world.
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What are the growth prospects and trends in the sparkling water industry?
At present, the rising adoption of sparkling water, as it is less acidic than soda or fruit juice, represents one of the key factors impelling the market growth. Moreover, the increasing consumption of low-calorie and sugar-free beverage alternatives is strengthening the market growth. Apart from this, the escalating demand for sparkling water among individuals with busy lifestyles due to its convenient packaging options is positively influencing the market.
In addition, rising preferences for flavored sparkling water, as it provides a flavorful experience without excess calories, are contributing to the market growth. Besides this, the increasing adoption of sparkling water among people seeking to maintain a healthy lifestyle is supporting the growth of the market. Furthermore, the rising utilization of sparkling water as a mixer in cocktails and mocktails is providing lucrative growth opportunities to industry investors.
In line with this, the wide availability of sparkling water through online and offline distribution channels across the globe is propelling the market growth. Additionally, the growing demand for ready-to-drink (RTD) beverages among the masses is offering a favorable market outlook.
Leading Companies Operating in the Global Sparkling Water Industry:
- AQUA Carpatica
- Asahi Group Holdings Ltd.
- Big Watt Beverage Co.
- Crystal Geyser Water Company (Otsuka Pharmaceutical Co. Ltd.)
- Danone S.A.
- Gerolsteiner Brunnen GmbH & Co. KG
- Keurig Dr Pepper Inc.
- National Beverage Corp.
- Nestlé S.A.
- PepsiCo Inc.
- The Coca-Cola Company
Sparkling Water Market Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Product:
- Natural/Mineral Sparkling Water
- Flavored
- Unflavored
- Caffeinated Sparkling Water
- Flavored
- Unflavored
Breakup by Packaging Type:
- Glass Bottles
- Plastic Bottles
- Cans
Breakup by Distribution Channel:
- Hypermarkets and Supermarkets
- Convenience Stores
- Online Stores
- Other
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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