According to a new report published by Introspective Market Research, titled, “Sparkling Water Market by Product Type, Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2024–2032,” the global Sparkling Water market size was valued at $ 38.55 Billion in 2023, and is projected to reach $ 109.24 Billion by 2032, registering a CAGR of 12.27% from 2024 to 2032. Sparkling water is seltzer water or carbonated water that has carbon dioxide bubbles in it. This gas may be natural, or it may be infused into still water. In some forms, it can be a refreshing and healthy alternative to soda. Growing awareness regarding healthy lifestyles, people are switching to sparkling water due to the presence of a variety of minerals, including sodium, magnesium, and calcium, in the product. Sparkling water provides hydration, and it's a much better option than drinking regular soda or even diet soda, which does not provide adequate hydration. People find carbonated water more than still water can alleviate an upset stomach, bloating, or indigestion. Companies are launching new products in the market following the demand of health-conscious consumers.
The Sparkling Water Market is segmented into Product Type, Packaging, Distribution Channel, and region. By Product Type, the market is categorized as Natural, Minerals, and Caffeinated. By Packaging, the market is categorized into Bottled and canned. By Distribution Channel, the market is categorized into Supermarkets/ Hypermarkets, Specialty Stores, and E-Commerce. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Russia, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The market for carbonated beverages is booming. The market for such drinks or beverages has been predominantly focused on sugary drinks or drinks with a high number of calories. Scientifically it has been proved that inordinate consumption of sugary drinks heavily increases the likelihood of heart ailments and other diet-related diseases such as Diabetes. By taking the consumption of Pepsi and Coke many deaths are caused each year.
Growing awareness regarding healthy lifestyles, people are switching to sparkling water due to the presence of a variety of minerals, including sodium, magnesium, and calcium, in the product. Sparkling water provides hydration, and it is a much better option than drinking regular soda or even diet soda, which does not provide adequate hydration. People find carbonated water more than still water can alleviate an upset stomach, bloating, or indigestion.
Global Sparkling Water Market, Segmentation
The Sparkling Water market is segmented on the basis of Product Type, Distribution Channel, and region.
Product Type:
The natural segment is anticipated to dominate the sparkling water market Over the forecast period, by product type. This dominance is driven by increasing consumer preference for natural and healthier beverage options. Natural sparkling water, devoid of artificial flavors and sweeteners, appeals to health-conscious consumers seeking a refreshing and flavorful drink without added chemicals. This segment's growth is propelled by its alignment with current health trends and preferences for clean-label products, positioning it as a significant driver in the market's evolving landscape.
Distribution Channel:
Over the forecast period, the hypermarket and supermarket segment is anticipated to dominate the sparkling water market by distribution channel. This dominance is driven by the wide availability and convenience offered by these retail formats, making it easier for consumers to access a variety of sparkling water brands. Hypermarkets and supermarkets provide a one-stop shopping experience, allowing consumers to choose from a diverse range of products and brands, thus contributing significantly to the market's growth and expansion in the coming years.
Region:
Europe region is dominating the Global Sparkling Water Market. European countries were examining mineral composition. The median concentrations per mineral assorted greatly. The greatest variation in median mineral content was found for sodium and sulphates with levels ranging from 3.1 mg/l to 63.0 mg/l and 6.0 mg/l to 263.0 mg/l. Wide variation in the mineral content of bottled sparkling water from 126 brands that are commercially available across Europe such as Belgium, France, Germany, Greece, Italy, the Netherlands, Poland, Spain, Switzerland, and the United Kingdom. In each country, the two largest supermarket chains were visited to obtain raw data on the mineral composition of sparkling water by reading the ingredient labels on the bottles supplied by the manufacturers.
Some of the leading Sparkling Water market players are
- Private label (U.S)
- San Pellegrino (Italy)
- Sparkling Ice (Washington)
- La Croix (Florida)
- Polar Beverages. (U.S)
- Perrier. (France)
- Bubly (New York), and Other Active Players.
Key Industry Developments
- In January 2022, Sparkling Ice Beverages launched the new "Live in Full Flavor" advertising campaign that celebrates all of life's flavors and reminds consumers to drink it and embrace little moments of joy in everyday life.
Key Findings of the Study / Key Industry Developments.
- By Product type, Natural segment is expected to dominate the market during the forecast period
- By Distribution channel, the hypermarket and supermarket segment held the largest share of 38.40% in 2023.
- The high inclination of consumers towards functional beverages in Europe is driving the market for sparkling water in this region.
