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Sparkling Bottled Water Market Industry Report-2023

01.25.2023 · Posted in Business News Article, Marketing Articles

Sparkling Bottled Water Market overview:

The Sparkling Bottled Water Market is expected to grow at a CAGR of 3.2% from 2022 to 2027.

A great substitute for carbonated and alcoholic beverages, sparkling bottled water is a revitalizing beverage. There are other names for it, including carbonated water, sparkling water, mineral water, and seltzer water. It not only aids in keeping you hydrated but also enhances your health in numerous other ways, such as digestion, which enhances your capacity for swallowing, faster satiety cues, constipation relief, and bone and heart health. Water and carbon dioxide chemically combine to produce carbonated water with a pH between 3 and 4. In the upcoming years, growth in the global market should be fuelled by the development of distribution networks and channels as well as the introduction of calorie-free options.

Market Drivers and Restraints:

One of the primary factors predicted to promote expansion in the global sparkling bottled water market during the projected period is the rising demand for sparkling bottled water among the health-conscious population and consumers’ growing tendency to a healthier alternative to sparkling beverages.

Furthermore, it is predicted that the global market for sparkling bottledwater will develop more quickly in the upcoming years due to the rising prevalence of obesity among youngsters. Additionally, the launch of fresh flavours for sparkling bottled water ought to substantially impact market growth. A much more significant trend in the soft drink sector may be seen in the microcosm of the sparkling bottled water craze. The current trends include an increase in consumers who are concerned about their health and a considerable shift toward wholesome beverages. This is shown by the fact that the top companies in the soft drink sector are expanding their product lines to include sparkling bottled water, which is why it is crucial to develop water with gas.The market for sparkling bottled water is gradually gaining market share from soft drinks since sparkling water advertises on its bottle that it is sugar- and calorie-free. A trustworthy growth indicator for the water market is the fact that key firms are also creating new tactics to sell and promote their goods as healthy beverages to expand their consumer base of health-conscious people. Brilliantly health-conscious people are searching for healthier beverage substitutes, and sparkling bottled water is emerging as a tasty and healthy alternative to soda. 

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The report is segmented as follows:

The Voice Biometrics Market is segmented by Product; the Market is segmented by

Distribution Channel:

By Product (unflavoured And Flavoured)

By Distribution Channel (supermarkets, On-trade, Independent Retailers And Convenience Stores)

Geographical Segmentation:

North America is the region with the fastest-growing sparkling water market overall. Due to major companies’ launch and marketing of sparkling bottled water, regional and local businesses were finally forced to add sparkling bottled water to their product offerings to compete with the fierce market competition. By purchasing significant sparkling water brands in Latin America, the beverage oligopolies are investing in the region’s sparkling bottled water industry, a sign of both consumer demand and the market’s enormous potential.

Europe offers innovations like introducing machinery with water taps intended to turn regular water into sparkling water, which is also in a development phase in the sparkling water business. Quick-service restaurants are growing significantly in Europe. To increase their presence in an industry that is becoming more and more competitive, they have been releasing a number of new drinks and food products influenced by national and international cuisines. In the upcoming years, the regional market is anticipated to benefit from this.

The market for sparkling bottled water has received attention in the Asia-Pacific region due to growing industrialization and rising disposable incomes, and throughout the forecast period, Japan is also expected to contribute significantly to market growth.

The Middle East and Africa’s hot and arid climate and consumer demand for cutting-edge sparkling products are predicted to drive market growth for sparkling bottled water.

Impact of COVID-19 on the Market

The sparkling water market has been impacted by COVID-19. Low investment costs and a lack of workers impeded sales and beverage manufacturing. However, major participants in the market implemented new safety regulations when creating the items. The online distribution channel is changing how people shop as it provides benefits like simple payment options, availability of a wide range of products, doorstep delivery, and significant discounts. It helped the market grow during the pandemic and will help it grow even more during the post-pandemic period.

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