Sparkling Water Market | Size, Share and Trends Analysis Report Forecast to -2030 | IMR
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.
Market Dynamics and Key Factors For Sparkling Water Market
Drivers:
Numerous reasons contribute to the popularity of sparkling water, which in turn drives the market. First off, people are looking for healthier beverage options as an alternative to sugar-filled sodas and soft drinks. Customers who are concerned about their health will find sparkling water to be a tasty and refreshing alternative that doesn't come with extra calories or sugar. Further driving up demand for sparkling water is the shift towards low-calorie and zero-sugar beverages brought about by growing knowledge of the health hazards linked to excessive sugar consumption.
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
Opportunities:
The sparkling water market presents numerous opportunities for growth and expansion. Firstly, there's potential for innovation in flavor development and packaging formats to attract new consumers and retain existing ones. Manufacturers can explore unique flavor combinations, natural ingredients, and functional additives to differentiate their products in the market. Additionally, expanding distribution channels, including e-commerce platforms and convenience stores, can help reach a broader consumer base and increase market penetration.
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Analysis of the Top Market Players:
· Private label (U.S)
· San Pellegri
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.
Market Dynamics and Key Factors For Sparkling Water Market
Drivers:
Numerous reasons contribute to the popularity of sparkling water, which in turn drives the market. First off, people are looking for healthier beverage options as an alternative to sugar-filled sodas and soft drinks. Customers who are concerned about their health will find sparkling water to be a tasty and refreshing alternative that doesn't come with extra calories or sugar. Further driving up demand for sparkling water is the shift towards low-calorie and zero-sugar beverages brought about by growing knowledge of the health hazards linked to excessive sugar consumption.
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
Opportunities:
The sparkling water market presents numerous opportunities for growth and expansion. Firstly, there's potential for innovation in flavor development and packaging formats to attract new consumers and retain existing ones. Manufacturers can explore unique flavor combinations, natural ingredients, and functional additives to differentiate their products in the market. Additionally, expanding distribution channels, including e-commerce platforms and convenience stores, can help reach a broader consumer base and increase market penetration.
Get Your Hands on a Free Sample Report!
https://introspectivemarke...
Analysis of the Top Market Players:
· Private label (U.S)
· San Pellegri
8 months ago