Sparkling Water Market Overview
The global sparkling water market has experienced significant growth, reaching a valuation of USD 42.8 billion in 2024. This surge is attributed to increasing health consciousness among consumers, a rise in obesity rates, and substantial retail expansion. These factors indicate a shift toward healthier beverage choices, reflecting changing consumer preferences. Projections suggest that the market will continue its upward trajectory, aiming for USD 93.5 billion by 2033, with a compound annual growth rate (CAGR) of 9.07% during 2025-2033.
Study Assumption Years
- Base Year: 2024
- Historical Years: 2019-2024
- Forecast Years: 2025-2033
Sparkling Water Market Key Takeaways
- Market Size and Growth: The sparkling water market was valued at USD 42.8 billion in 2024 and is projected to reach USD 93.5 billion by 2033, exhibiting a CAGR of 9.07% from 2025 to 2033.
- Product Segmentation: The market is categorized into natural/mineral sparkling water and caffeinated sparkling water, with natural/mineral variants leading due to consumer preference for natural ingredients.
- Packaging Preferences: Glass bottles, plastic bottles, and cans are the primary packaging types, with glass bottles gaining popularity for their eco-friendly appeal.
- Distribution Channels: Hypermarkets and supermarkets dominate distribution, followed by convenience stores and online platforms, reflecting consumers' desire for accessibility and convenience.
- Regional Insights: North America and Europe are significant markets, driven by health-conscious consumers and lifestyle trends, while the Asia Pacific region is experiencing rapid growth due to urbanization and rising disposable incomes.
Market Growth Factors
Health Consciousness and Lifestyle Changes:
Healthy living has seeped into every area of life, including drinking. The newest twist in healthy drinking comes from consumers turning to drinks that are even lower in calories and do not include any sugars at all. Sparkling water, with no sugars and chemical additives, exactly falls within the current trend. Moreover, the true and increasingly growing awareness of obesity and all its health effects has pushed into speeds of searching for healthy substitutes in soda. Therefore, this health choosing is among the core market growth drivers for the sparkling water market.
Product Innovation:
Manufacturers will not stop pulling out renewals from their sleeves for all the different tastes within their market. These include flavor after flavor and so many functional benefits designated for sparkling water products. Among the best premium and artisanal nowadays flavors are the ones that make them so much more attractive to a wider consumer base. For drinking without that nasty energy drink weight gain, even caffeinated sparkling waters have come today. All these innovations shared out in the market have proved demand-bursting and now find buyers of diversity and what substance is within their drink.
Environmental Sustainability and Packaging:
With the passing time, envy and jealousy now turn environmental concerns into many customers seeking sustainable packaging with the products they purchase. The customers were quite moved by sparkling water sold in glass bottles and cans. It opened up the market even more for those consumers who wanted everything they purchased to go along with international requirements of sustainability. As for the brands, they're internalizing more sustainable practices as the conscientious consumers continue to grow with an environmental conscience.
Request Sample For PDF Report: https://www.imarcgroup.com/sparkling-water-market/requestsample
Market Segmentation:
Breakup by Product:
- Natural/Mineral Sparkling Water
- Flavored
- Unflavored
- Caffeinated Sparkling Water
- Flavored
- Unflavored
Breakup by Packaging Type:
- Glass Bottles
- Plastic Bottles
- Cans
Breakup by Distribution Channel:
- Hypermarkets and Supermarkets
- Convenience Stores
- Online Stores
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Regional Insights
North America and Europe have emerged as dominant markets for sparkling water, driven by health-conscious consumers seeking alternatives to sugary beverages. In these regions, lifestyle trends favoring wellness and fitness have significantly contributed to market growth. Additionally, the Asia Pacific region is experiencing rapid expansion due to urbanization and increasing disposable incomes, leading to a growing demand for premium and healthy beverage options.
Recent Developments & News
The sparkling water industry has witnessed notable trends and developments, including the rising popularity of flavored sparkling water, appealing to a variety of consumer preferences and tastes. Additionally, there is an emergence of premium and artisanal companies targeting niche markets with distinctive flavors and branding. These developments reflect the industry's response to evolving consumer demands and the pursuit of innovative offerings to capture market
Key Players:
- AQUA Carpatica
- Asahi Group Holdings Ltd.
- Big Watt Beverage Co.
- Crystal Geyser Water Company (Otsuka Pharmaceutical Co. Ltd.)
- Danone S.A.
- Gerolsteiner Brunnen GmbH & Co. KG
- Keurig Dr Pepper Inc.
- National Beverage Corp.
- Nestlé S.A.
- PepsiCo Inc.
- The Coca-Cola Company, etc.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Comments
0 comment