The Sparkling Water Market: size is expected to reach US$ 82.79 Bn by 2029, at a CAGR of 12% during the forecast period.
Sparkling Water Market Overview:
Maximize Market Research’s new report, Global Sparkling Water Market 2022-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The study offers a market overview that describes the value chain’s structure, as well as the market’s size, applications, and forecast for the years (2021–2027). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Sparkling Water market.
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Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide Sparkling Water market growth, consumption volume, market trends, and company pricing structures throughout the projected period. In-depth research is used in the analysis to examine the market’s complexity. The research provides an overview of the worldwide Sparkling Water market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. Based on productivity and manufacturing base, this market has been investigated in a number of different ways.
Segmentation:
by Product
Unflavored
Flavored
Based on Product Segment, Unflavored Sparkling Water is anticipated to hold a greater market share over the projection period compared to Flavoured Sparkling Water.Due to the availability of a wide variety of goods in the global market, unflavored sparkling water was the leading product segment with a share of more than 65.0% in 2022 and is anticipated to keep up its dominance during the projected period. However, this water is different from other bottled water products on the market due to its effervescent texture and mineral content.
by Distribution Channel
Hypermarket & Supermarket
On – Trade
Online
Others
Depending on the distribution channel, The market for sparkling water has been segmented based on distribution channels into – In comparison to the other Sparkling Waters distribution channels, the On – Trade Offline Distribution channel has the biggest market share. With a market share of more than 40% in 2022, on-trade was the largest product category. It is expected that this segment would continue to lead during the projected period. The ideal substitute for soda and other sweet carbonated drinks, which are typically combined with alcoholic beverages, is carbonated water. Additionally, this carbonated water is available in a range of flavours, including lime, vanilla, strawberry, cucumber, and lemon, both unflavored and flavoured. Customers are being drawn in by these possibilities to enjoy their preferred alcohol with their preferred flavour without
by Category
Plain
Flavoured
by Packaging Type
Bottles
Cans
Others
by End User
OEMs
Aftermarket
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Key Players:
It then discusses the top competitors in the worldwide Sparkling Water market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. The research also evaluates raw material sources, import-export, the value chain, price structure, and the industrial supply chain in addition to capacity utilisation. The following participants are highlighted in this study:
1.Nestle S.A.
2.PepsiCo Inc.
3.The Coca Cola Company
4.Cott Corporation
5.Danone S.A.
6.Keurig Dr Pepper
7.Asahi Group Holdings, Ltd.
8.Gerolsteiner Brunnen GmbH
9.Rhodius Mineralquellen Und Getranke GmbH
10.National Beverage Corp.
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Regional Analysis:
The report has analyzed the global Sparkling Water market in the following regions:
- North America (Mexico, Canada, and the United States)
. Germany, France, the United Kingdom, Russia, Italy, and the rest of Europe make up the European Union.
. Asia-Pacific region (including Australia, China, Japan, Korea, Southeast Asia, and Japan)
. Latin America (Brazil, Argentina, Colombia, and the remaining countries in South America) - Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East Africa)
The study offers in-depth perceptions into a wide range of development prospects and obstacles in the aforementioned regions based on various items, applications, end users, and nations, among other factors. The research also includes key features of the worldwide Sparkling Water market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Sparkling Water Market:
Practically every industry has been hit by the unprecedented global public health disaster known as COVID-19, and the long-term effects are anticipated to have an impact on industry growth for the duration of the forecast period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The updated research includes new information, analysis, projections, and predictions based on COVID-19’s impact on the market.
The Sparkling Water Market Report provides key answers to the following questions:
- Which are the major companies in the Sparkling Water market?
- Which is the potential market for Sparkling Water in terms of the region?
- Which application area of Sparkling Water is expected to grow at a significant rate in the market in the next 5 years?
- What are the opportunities for new market entrants?
- What will be the Sparkling Water market size by 2027?
- What are the market’s chances of growth?
- What is the base year considered in the Sparkling Water market report?
- Which region dominates the Sparkling Water market in terms of market share?
- What factors are anticipated to drive the Sparkling Water market?