Global Sparkling Water Market Synopsis

Sparkling Water Market Size Was Valued at USD 34.34 Billion in 2022 and is Projected to Reach USD 86.62 Billion by 2030, Growing at a CAGR of12.26% From 2023-2030

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.
• Home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. According to the International Bottled Water Association bottled water businesses have boosted their production capacity to cater to this surge in demand, which, in turn, has benefited the market.
• As consumers are seeking sparkling water with added benefits, manufacturers are trying to launch new variants of the product with caffeine in it. Increasing the number of commercial advertisements for bottled water has been playing an important role in boosting brand visibility. These advertisements highlight the quality and hydration benefits of the product and also emphasize taste and convenience.
• The demand for bottled water has significantly grown owing to the rising demand for clean and healthy drinking water. Rapidly growing segment of the carbonated soft drink and bottled water categories in the United States.

Key players:

Private label (U.S), San Pellegrino (Italy), Sparkling Ice (Washington), La Croix (Florida), Polar Beverages. (U.S), Bubly (New York), Perrier. (France), Topo Chico (Mexico), Schweppes (Germany), Spindrift (South Africa), AHA (New York), Saratoga Sparkling Water (U.S), VOSS (New York), Nestle (Switzerland), PepsiCo (New York), Other major players.

Global Sparkling Water Market Trend Analysis

Increasing Consumer Preference for Healthy Alternatives to Sugary Carbonated Beverages.

• 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.
• The consumption of carbonated drinks has decreased by 15-20% over the last few years, whereas the market for non-fizzy drinks is expected to soar by 35% annually. Additionally, over 75% of the urban consumers prefer non-carbonated drinks.
• As the rural/urban population becomes more educated, the whole spectrum of young individuals is now shifting to a more disciplined diet regime with a high focus on healthy foods and drinks.
• Ultimately, awareness about healthy foods and drinks must be spread amongst the young, for they are the future of a healthy tomorrow. Healthy dietary practices will sustain for time to come, and the proof lies in the manufacturers of fizzy drinks themselves. We can see most of the big FMCG players coming out with healthy drinks such as 7up Revive, Fiesta, Tata Gluco Plus, Tata Water Plus, etc. The paper will investigate the psychological factors that drive the consumption of healthy drinks. The trend of consumer health preference is expected to drive the market growth of the sparkling water market during the forecast period.

Consumer Awareness

• 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.
• Companies are launching new products in the market following the demand of health-conscious consumers. For instance: In 2021, Albertsons announced Soleil's private label line of sparkling water with new packaging and four new flavors, in the supermarket chain. The grocer is using designs created by seven artists for the packaging of the drinks, which now come in mango, raspberry lime, tangerine, and watermelon in addition to 13 existing varieties.
• In 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 in and embrace little moments of joy in everyday life.   This trend is expected to create lucrative opportunities in the upcoming years.

Regional Analysis of the Global Sparkling Water Market

Europe is expected to Dominate the Market over the Forecast period.

• 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.
• Mineral composition of sparkling or carbonated bottled drinking water covering Europe. The high inclination of consumers towards functional beverages in Europe is driving the market for sparkling water in this region.

COVID-19 Impact on the Global Sparkling Water Market

• During the COVID-19 pandemic, most public places hypermarkets supermarkets, and specialty stores led to a significant drop in the commercial demand for sparkling water. Limited investment costs and a lack of employees hampered sales and production of beverages. 
• However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. The distribution channel offers benefits, easy payment methods, availability of a wide range of products, and doorstep delivery assisted in the growth of the market during the pandemic.
• According to the International Bottled Water Association (IBWA), bottled water businesses have boosted their production capacity to cater to this surge in demand, which, in turn, has benefitted the market.

Restraining factor of Sparkling water

High-Cost Product

• Many expensive sparkling waters come from privately owned natural springs and may have distinct mineral compositions that could affect flavor such as ROI Mineral Water Nevas Water VOSS.
• Additionally, they may be naturally carbonated. However, the exact labeling differs from country to country. Unlike soda waters, sparkling mineral waters, from a well or natural spring, are extracted ready to drink, and then bottled. They are not manipulated during production and bottling, which makes them an exclusive and higher-quality product whose value lies in the unique flavor of the minerals they contain. Other expensive sparkling waters are imported, and shipping water across the globe costs money. High-cost products of sparkling water hampered the market growth over the forecast period.

Top Key Players of the Global Sparkling Water Market

• Private label (U.S)
• San Pellegrino (Italy)
• Sparkling Ice (Washington)
• La Croix (Florida)
• Polar Beverages. (U.S)
• Bubly (New York)
• Perrier. (France)
• Topo Chico (Mexico)
• Schweppes (Germany)
• Spindrift (South Africa)
• AHA (New York)
• Saratoga Sparkling Water (U.S)
• VOSS (New York)
• Nestle (Switzerland)
• PepsiCo (New York)

Key industry of Sparkling Water Market

• In May 2021, Albertsons announced Soleil's private label line of sparkling water with new packaging and four new flavors, in the supermarket chain. The grocer is using designs created by seven artists for the packaging of the drinks, which now come in mango, raspberry lime, tangerine, and watermelon in addition to 13 existing varieties.
• In May 2021, PepsiCo launched the functional sparkling water drink Soul Boost made with real juice and functional ingredients. Blueberry Pomegranate and Black Cherry Citrus with 200 milligrams of panax ginseng to help support mental stamina and Blackberry Passionfruit and Strawberry Rose with 200 milligrams of L-theanine to aid in relaxation.
• 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.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. ANALYSIS OF THE IMPACT OF COVID-19
       1. Impact On The Overall Market
       2. Impact On The Supply Chain
       3. Impact On The Key Manufacturers
       4. Impact On The Pricing
       5. Post COVID Situation
   11. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   12. ECOSYSTEM
6. SPARKLING WATER MARKET BY TYPE (2016-2030)
   1. SPARKLING WATER MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. NATURAL
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. MINERALS
   5. CAFFEINATED
7. SPARKLING WATER MARKET BY PACKAGING (2016-2030)
   1. SPARKLING WATER MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. BOTTLED
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. CANNED
8. SPARKLING WATER MARKET BY DISTRIBUTION CHANNEL (2016-2030)
   1. SPARKLING WATER MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. HYPERMARKETS & SUPERMARKETS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2016 – 2030F)
      3. Historic And Forecasted Market Size in Volume (2016 – 2030F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. SPECIALTY STORES
   5. E-COMMERCE
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. Luxury Goods Market Share By Manufacturer (2022)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. PRIVATE LABEL (US)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. SAN PELLEGRINO (ITALY)
   4. SPARKLING ICE (WASHINGTON)
   5. LA CROIX (FLORIDA)
   6. POLAR BEVERAGES. (U.S)
   7. BUBLY (NEW YORK)
   8. PERRIER. (FRANCE)
   9. TOPO CHICO (MEXICO)
   10. SCHWEPPES (GERMANY)
   11. SPINDRIFT (SOUTH AFRICA)
   12. AHA (NEW YORK)
   13. SARATOGA SPARKLING WATER (U.S)
   14. VOSS (NEW YORK)
   15. NESTLE (SWITZERLAND)
   16. PEPSICO (NEW YORK)
10. GLOBAL SPARKLING WATER MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Type
       5. Historic And Forecasted Market Size By Packaging
       6. Historic And Forecasted Market Size By Distribution Channel
       7. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Impact Of Covid-19
       3. Key Manufacturers
       4. Historic And Forecasted Market Size By Segments
       5. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies