The Global Sparkling Water Market size was accounted at USD 29.34 Bn in 2021; It is projected to grow at a compound annual growth rate (CAGR) of 10.0% from 2022 to 2030. Sparkling water is a naturally carbonated refreshing drink. It contains a high amount of minerals, such as calcium, magnesium, and sodium. Sparkling water is the best alternative to alcoholic and carbonated beverages. In addition, this water has many health benefits. It helps to improve the digestive system and reduces the risk of heart health issues.
The market is expected to rise due to rising demand for sparkling water instead of sodas and sugary carbonated beverages. Furthermore, factors such as rising health consciousness, changing lifestyles, and a high preference for safe and healthy products are likely to fuel this market's expansion. The market is anticipated to expand significantly during the projected period due to the increasing popularity among health-conscious customers and fitness enthusiasts. Consumers prefer beverages and foods enriched with nutrients acquired from natural or clean sources. Hence, Food and beverage firms are introducing carbonated water to capitalize on this trend. For instance, in Aug. 2021, Evian+, a new range of mineral-enhanced sparkling beverages from Danone SA, is meant to assist consumers get through the afternoon slump. Evian+ is enriched with magnesium and zinc to aid cognitive function and is made from the brand's natural spring water from the French Alps. However, the relatively high cost of sparkling water compared to other varieties of water, as well as a lack of consumer awareness, may hinder the market's expansion.
The sparkling water market is segmented into Products, End-Users, and regions. The Products segment is bifurcated into Natural/Mineral Sparkling Water and Caffeinated Sparkling Water. The Natural/Mineral Sparkling Water segment is anticipated to drive market growth during the forecast period due to the increasing demand for safe and natural products. End-Users divide the market into Hypermarket & Supermarket, Online, and Other End-Users. The Other End-Users segment dominated the sparkling water market. Based on the region, the sparkling water market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The North America region is expected to dominate this market in the future. Some of the key Players of sparkling water market are Nestle, PepsiCo Inc., Keurig Dr Pepper Inc., The Coca-Cola Company, SANPELLEGRINO S.P.A, Danone S.A., Clear Cut Phocus, National Beverage Corp., Caribou Coffee Operating Company, Inc., GEROLSTEINER, BRUNNEN GmbH & Co. KG , Mountain Valley Spring Company, LLC , Tempo Beverage Ltd , Reignwood Group , COTT Corporation , Crystal Geyser Water Company , A. G. BARR p.l.c. , Icelandic Water Holdings ehf, CG Roxane, LLC, Vichy Catalan Corporation, and Other Prominent Players.
