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:
- By Type (Natural/Mineral,
Caffeinated)
- By Distribution Channel (Hypermarket & Supermarkets, Convenience Stores, Online,
Others)
- By Region (North America, Europe, Asia-Pacific, Rest of the World)
- 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:
- What are the current and future trends of the global Sparkling
Water market industry?
- How the industry has been evolving in terms of end-user demand
and application areas?
- How the competition has been shaping across the countries
followed by their comparative factorial indexing?
- What are the key growth drivers and challenges for the
Sparkling Water market industry?
- 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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