Global Sparkling Water Market Overview
The Global Sparkling Water Market was valued around at US $24 Billion in the year 2019, and is projected to reach $XX Billion by the year 2026, growing at a CAGR of 11% during the forecast period.The report covers the detailed analysis of the Global Sparkling Water industry with the classifications of the market on the basis of Product, Distribution Channel, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.
Global Sparkling Water Market Introduction
Sparkling water contains minerals, such as calcium, magnesium, and sodium, and it is naturally carbonated. That is why different water brands have different tastes as per their bottling sources. This water has many medicinal properties such as it helps in improving the digestive system, increasing the feelings of fullness, relieving constipation, and enhancing the swallowing ability. In addition, it helps to improve heart health and lower the risk of developing heart diseases.
Sparkling water is an alternative for the carbonated drinks which is much healthier when consumed in a decent quantity. Sparkling water is dissolved in solids such as potassium, sodium & magnesium.
Top Global Sparkling Water Manufacturers
The report has profiled ten major companies in the market from different regions, across the Globe. Further, the report has considered all the followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in Asia Pacific.
Top Key Players in the Global Market for Sparkling Water
• Nestle S.A.• PepsiCo Inc.• The Coca Cola Company• Cott Corporation• Danone S.A.• Keurig Dr Pepper• Asahi Group Holdings, Ltd.• Gerolsteiner Brunnen GmbH• Rhodius Mineralquellen Und Getranke GmbH• National Beverage Corp.
Global Sparkling Water Market Dynamics
The trend of the sparkling water is a microcosm of a much larger trend in the non-alcoholic beverage industry. The trend is of growing number of health-conscious consumers and an enormous shift towards healthy and nutritious beverages. This is significantly evidenced by the fact that the key players in the carbonated drinks industry are transitioning their portfolio to include sparkling water which consequently acts as a major factor in the growth of the sparkling water market. The sparkling water market is slowly taking up the share of the soft drinks market, as sparkling water boasts of no-sugar and calorie-free tag yet presents itself as a unique bottled water drink for the consumers.The fact that the key players are also developing new strategies to promote and market their products as health drinks to enhance their health-conscious consumer base, is a strong growth indicator for the growth of the sparkling water market. The health-conscious consumers are looking for more healthy alternatives in the beverage market and sparkling water is currently leveraging itself as a healthy and refreshing option for consumers in the non-alcoholic beverage market. However, lack of consumer awareness in many regions and absence of distribution channels may slightly hinder the growth of the sparkling water market.
Scope of Global Sparkling Water Market: Inquire before buying
The Global market for Sparkling Water is studied under two major segments and further into sub-segments to forecast the market size by value.
Global Sparkling Water Market, by Product
On the basis of product, the Sparkling Water market is classified into –• Unflavored• Flavored
The Unflavored sparkling water is expected to account for a larger market share, as compared to the flavored sparkling water over the forecast period.
To Know About The Research Methodology :- Request Free Sample ReportUnflavored sparkling water was the largest product segment with a share of more than 65.0% in 2019 and is expected to maintain its lead over the forecast period owing to the availability of a wide range of products in the global market. However, the fizzy texture, coupled with the mineral content of this water, is making it unique from other bottled water products available in the market.
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