Thursday, September 22, 2022

Sparkling Water Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos

 


The surge in demand for healthy beverages owing to the increase in the global burden of people suffering from chronic diseases including cancer, heart diseases, and diabetes has inclined people to adopt a healthy lifestyle which will drive the global market of sparkling water. Sparkling water is gaining huge popularity among fitness enthusiasts as it is rich in fresh vitamins, minerals, and other antioxidants.

According to UnivDatos Market Insights (UMI)’ research report “Global Sparkling Water Market Analysis, 2020”, the growing preference for sparkling water among millenniums and Gen Z owing to the surging awareness is leading to the growth of the market. As per Los Angeles Times, “Sparkling water is still the hottest beverage among millennials.” These consumers have grown up with an incredible variety of healthy and flavorful food options, and they expect similar choices from their beverages. Moreover, sparkling water consumption is showing no signs of slowing down soon. By providing an option that hits on all the positives consumers want in a fizzy beverage, with no calories or artificial sweeteners, your business can grow right along with their love of sparkling water.

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Drinking sparkling water can help stave off dehydration and dehydration could contribute to digestive issues and complications with the heart and kidneys. A growing prevalence of gastrointestinal-related problems across the globe is one of the prominent reasons contributing to the growing demand for sparkling water In 2019, the United States has 22% of the adult population suffering from gastrointestinal diseases while Japan has only 9% of the adult population suffering from Gastrointestinal disease.

Based on the Type, the natural/mineral segment acquired the major market share and dominated the global Sparkling Water Market in 2020. the promulgating preference for the flavored variants is leading to the growth of this segment due to their taste, fizziness, and health benefits. Furthermore, the leading players in the market are launching new products in accordance with the demands of health-conscious consumers. However, caffeinated water is expected to witness a robust CAGR in the forthcoming years. The demand for the instant energy boost specifically from the millenniums’ is leading to the growth of this segment as Caffeinated sparkling water is calorie- and sugar-free but contains added caffeine to boost energy levels.

Based on the Distribution Channel, The hypermarket/ supermarket segment grabbed the major market share and dominated the market in 2020. A rise in the number of supermarkets and hypermarkets across the globe is supporting the market growth as customers are more inclined due to the availability of numerous brands under one roof. For instance, the total number of supermarkets in the United States increased from 38,015 in 2015 to 38,307 in 2018. Furthermore, the supermarket/hypermarket chains from other regions focused on expanding their geographical reach and offering a wide range of products are also propelling the market growth. For instance, Germany based supermarket chain announced to invest US$ 500 million and opening around 50 stores in the United States.

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North America to Grab Lion’s Share, But the Asia Pacific to witness Explicit Growth

Based on the Region, the North America region dominated the global Sparkling Water market in 2020. The region grabbed considerable market share from the global market owing to the presence of numerous players coupled with the launch of new products in the region is acting as a growth catalyst to the industry. Players are leveraging inorganic growth strategies, such as mergers & acquisitions, to gain market share. However, the Asia-Pacific region would witness explicit growth in the forthcoming years, stated in UnivDatos Market Insights (UMI)’ research report “Global Sparkling Water Market Analysis, 2020”. 

According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the global Sparkling Water Market are 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, etc., The players are focused on launching new products for gaining customers' traction and expanding their geographical reach to get a competitive edge in the industry. 

“Global Sparkling Water Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the Sparkling Water Market across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors' capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.  

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Market Segmentation:

  1. By Type (Natural/Mineral, Caffeinated)
  2. By Distribution Channel (Hypermarket & Supermarkets, Convenience Stores, Online, Others)
  3. By Region (North America, Europe, Asia-Pacific, Rest of the World)
  4. By Company (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)

Key questions answered in the study:

  1. What are the current and future trends of the global Sparkling Water market industry?
  2. How the industry has been evolving in terms of end-user demand and application areas?
  3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
  4. What are the key growth drivers and challenges for the Sparkling Water market industry?
  5. What are the customer orientation, purchase behavior, and expectations from the Sparkling Water market firms across various regions?

Table of Content –

1 MARKET INTRODUCTION

2 RESEARCH METHODOLOGY OR ASSUMPTION

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL SPARKING WATER MARKET COVID-19 IMPACT

6 GLOBAL SPARKING WATER MARKET REVENUE, 2019-2027F

7 MARKET INSIGHTS BY TYPE

8 MARKET INSIGHTS BY DISTRIBUTION CHANNEL

9 MARKET INSIGHTS BY REGION

10 SPARKING WATER MARKET DYNAMICS

11 SPARKING WATER MARKET OPPORTUNITIES

12 SPARKING WATER MARKET TRENDS

13 LEGAL & REGULATORY FRAMEWORK

14 DEMAND AND SUPPLY SIDE ANALYSIS

15 VALUE CHAIN ANALYSIS

16 COMPETITIVE SCENARIO

17 COMPANY PROFILED

18 DISCLAIMER

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