The global sparkling bottled water market has been growing rapidly in recent years, driven by increasing consumer demand for healthier and more convenient beverages. Sparkling bottled water is a type of carbonated water that contains carbon dioxide bubbles and can be flavored or unflavored. This market report provides a detailed analysis of the global sparkling bottled water market, covering market size, growth rate, market dynamics, and major players.
The global sparkling bottled water market is expected to grow significantly over the next five years, driven by increasing consumer demand for healthier and more convenient beverages. The growing popularity of flavored sparkling bottled water, the increasing demand for convenient and portable beverages, and the growing awareness of the health benefits of sparkling bottled water are major drivers of market growth. The market is highly fragmented, with several major players operating in the market, and is expected to see increased competition in the future.
Market size and growth rate
The global sparkling bottled water market size was valued at approximately US$ 34 billion in 2022 and is expected to reach US$ 45 billion by 2028, growing at a CAGR of 4.5% during the forecast period. The increasing popularity of sparkling bottled water as a healthy alternative to sugary drinks and the growing demand for convenient and portable beverages are major drivers of market growth.
- Increase in health awareness: The growing awareness of the health benefits of sparkling bottled water, such as hydration and reduced sugar intake, is driving the demand for this product.
- Convenience and portability: The rise in demand for convenient and portable beverages has also boosted the market for sparkling bottled water, as consumers can easily carry a bottle of sparkling water with them for on-the-go hydration.
- Growing demand for flavored water: The increasing popularity of flavored sparkling bottled water has also fueled market growth, as consumers are seeking new and exciting taste experiences.
The global sparkling bottled water market is highly fragmented, with several major players operating in the market, including Nestlé, PepsiCo Inc., National Beverage Corp., Keurig Dr Pepper Inc., The Coca-Cola Company, Danone S.A., SANPELLEGRINO S.p.A., and Hiball, among others. These players are focusing on product innovation, strategic partnerships, and expansion into new markets to enhance their market presence and increase their market share.
The global sparkling bottled water market is segmented into North America, Europe, Asia-Pacific, and the rest of the world. North America and Europe are leading markets for sparkling bottled water, driven by high consumer demand and the presence of established players in these regions. Asia-Pacific is a growing market for sparkling bottled water, driven by the increasing popularity of this product in countries such as China and India.
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- Annual reports, company filings, investor presentations, product catalogs, and company documents
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