Global Sparkling Water Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Sparkling Water Market” is the title of an upcoming report offered by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global sparkling water market has been segmented on the basis of product, distribution channel, as well as regions and countries.
Sparkling water or carbonated water, is water containing dissolved carbon dioxide gas, either artificially injected under pressure or occurring due to natural geological processes. Carbonation causes small bubbles to form, giving the water an effervescent quality.
In recent years, there has been a growing preference among individuals for alternatives to carbonated, sugary beverages as a means of living a healthier lifestyle, due to the fact that the consumption of sugary drinks can lead to health problems such as obesity, cardiovascular diseases and diabetes. This is a primary factor that is expected to have a significant impact on the revenue growth of the global sparkling water market in the foreseeable future.
Additionally, the issue concerning the presence of contaminated drinking water sources across the globe is resulting in a number of individuals developing chronic conditions, leading to the growing demand for clean, bottled water, and this is another factor that is slated to influence the future revenue growth of this global market. Moreover, sparkling water is said to contain minerals such as calcium and magnesium which offer a number of health benefits.
In light of the recent COVID-19 outbreak, there have been strict lockdowns enforced across the globe, restricting individuals from venturing out to stock-up on essential supplies. This factor, according to the International Bottled Water Association (IBWA), has resulted in a drastic increase in the demand and purchase of bottled water, which is subsequently anticipated to boost the revenue growth of the global sparkling water market in the foreseeable future.
Segmentation of the global sparkling water market is as follows:
In terms of product, the unflavored sparkling water segment accounted for the majority revenue shares of the global sparkling water market in 2019, as is expected to continue to do so in the coming years, due to the wide range of available products. However, the flavored sparkling water segment is expected to index the fastest rate of revenue growth due to the growing popularity of alternatives to carbonated drinks that contain sugar.
On the basis of distribution channel, the on-trade segment of this global market accounted for the highest number of revenue shares in 2019, and is slated to continue to do so for the remainder of this forecast period. The online sales segment is also expected to register considerable growth in the coming years due to its increased convenience factor.
Regional Segmentation and Analysis:
The markets in the APAC region accounted for the maximum number of revenue shares of the global sparkling water market in 2019, owing to the increasing consumption of various types of alcoholic beverages. North America is also expected to index considerable revenue growth in the years to come, due to the numerous new product launches by manufacturers and the increasing demand for this type of product from consumers of this region.
Segmentation of the Global Sparkling Water Market:
Segmentation by Product:
Segmentation by Distribution Channel:
- Hypermarket & Supermarket
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Nestlé S.A.
- PepsiCo Inc.
- The Coca-Cola Company
- Cott Corporation
- Danone S.A.
- Keurig Dr. Pepper
- Asahi Group Holdings Ltd.
- GEROLSTEINER BRUNNEN GMBH & CO. KG
- Rhodius Mineralquellen Und Getranke GmbH & Co. KG
- National Beverage Corp.
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