Sparkling Water Market Share and Specification forecast To 2028

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The global sparkling water market size was valued at USD 29.71 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.6% from 2021 to 2028. With the growing trend of leading a healthy lifestyle among all age groups, people around the globe are gradually shifting to healthy and innovative drinks, including sparkling water. The growing consumer preference for sparkling water over sodas and sugary carbonated drinks is projected to drive the market over the forecast period. During the initial months of the Covid-19 pandemic, a majority of public places and offices were shut, which led to a significant drop in the commercial demand for sparkling water. However, widespread home isolation orders have spurred the demand for bottled water of various kinds among households across the globe, including sparkling water. According to the International Bottled Water Association (IBWA), bottled water businesses have boosted their production capacity to cater to this surge in demand, which, in turn, has benefitted the market.

With the growing awareness regarding the importance of leading a healthy lifestyle, people are switching to sparkling water due to the presence of a variety of minerals, including sodium, magnesium, and calcium, in the product. Furthermore, the product has a number of advantages; for instance, it helps improve digestion and may help relieve constipation.

Gather more insights about the market drivers, restrains and growth of the Global sparkling water market

Sparkling Water Market Segments Highlights:

  • Natural/mineral sparkling water held the largest share of more than 60.0% in 2020. The growing demand for natural and healthy water among consumers is driving the segment.
  • The caffeinated segment is projected to register the fastest CAGR of 12.6% from 2021 to 2028. Caffeinated sparkling water is calorie- and sugar-free but contains added caffeine to boost energy levels.
  • The others segment dominated the market and held a share of 36.4% in 2020. The hypermarket and supermarket and convenience stores together held a significant share in 2020.
  • The online distribution channel is expected to register the fastest CAGR of 13.3% from 2021 to 2028. The shift in consumers’ shopping behavior is one of the major factors driving sales through the online channel.
  • North America held the largest share of over 35.0% in 2020. The rising consumer preference for healthy alternatives to soft drinks is the major factor driving the segment.
  • Europe accounted for a significant share in 2020. In Europe, there is a strong demand for sparkling water in several countries, such as Germany, the U.K., Italy, Spain, France, and the Netherlands, where the product is often served with meals in restaurants.

Browse through Grand View Research's Consumer F&B Industry Research Reports.

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Sparkling Water Market Segmentation

Grand View Research has segmented the global sparkling water market on the basis of product, distribution channel, and region:

Sparkling Water Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Natural/Mineral Sparkling Water
    • Flavored
    • Unflavored
  • Caffeinated Sparkling Water
    • Flavored
    • Unflavored

Sparkling Water Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Hypermarket & Supermarket
  • Convenience Stores
  • Online
  • Others

Sparkling Water Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America
    • US
  • Europe
    • Germany
    • UK
    • Italy
    • Spain
    • France
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa

Order a free sample PDF of the Sparkling Water Market Intelligence Study, published by Grand View Research.

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