Latest News- Sparkling Water Market: Hypermarkets is expected to lead the Distribution Channel segment during 2025-2029

The Sparkling Water Market is being driven by Frequent product launches

The Sparkling Water Market is expected to grow at a CAGR of 18.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 55846.3 million. The global sparkling water market is experiencing significant growth due to the increasing consumer preference for healthier beverage options. With a focus on natural and beneficial ingredients, consumers are gravitating towards low-carbohydrate and no-sugar alternatives. Manufacturers are responding to this trend by introducing new natural flavors to their lineups of low-calorie, gluten-free sparkling alcoholic waters. Sparkling water offers a diverse array of flavors and varieties, catering to consumers seeking more options than traditional still water. Furthermore, its convenient, on-the-go nature makes it an attractive choice for those in need of hydration, providing a refreshing alternative to plain water. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Distribution Channel
  • Hypermarkets
  • On-trade and independent retailers
  • Convenience stores
  • Online
• Product
  • Unflavored drinking water
  • Flavored drinking water
• Packaging
  • Bottles
  • Cans
  • Pouches
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • APAC
    • China
    • India
    • Japan
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Frequent product launches
• Rising number of health-conscious consumers
• Increased merger and acquisition among market players

However, the market also witnesses some limitations, which are as follows:

• Stringent safety and quality regulations for sparkling water
• Preservative-free product demand
• Competition from alternatives

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Market Scope in Sparkling Water Market Research Report

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Research Analysis Overview

The Sparkling Water market encompasses various flavored and unflavored beverages, including those in bottled water form like Soda water, Dash Water, LaCroix, Topo Chico, and San Pellegrino. This market caters to health-conscious consumers, particularly millennials, seeking alternatives to sugary sodas and alcohol. Brands offer flavors like Lime, Grapefruit, Cranberry, and others, addressing consumer interest in nonalcoholic beverages. Manufacturing, transportation, and trade restrictions impact production and availability. Brands prioritize airtight sealing and effervescent qualities. Some consumers prefer reusable glass bottles over plastic, while convenience stores remain key distribution channels. Despite the convenience, constipation concerns and potential dental issues from teeth erosion are potential drawbacks. Collaborations between brands and health organizations may help mitigate these concerns.

Market Research Overview

The global soft drinks and non-alcoholic beverages market encompasses sectors like carbonated beverages, juices and juice concentrates, bottled water, functional beverages, sports drinks, and various others. According to Technavio's market analysis, the market size is determined by the consolidated revenues of soft drinks and non-alcoholic beverages' manufacturers, excluding sales from dispensing equipment. Factors propelling market expansion include the surge in innovative product launches, catering to consumer preferences for healthier options such as sparkling water infused with flavors like lime, grapefruit, and cranberry, as well as the increasing health consciousness among millennials.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/