Sparkling Bottled Water Market to Grow at a CAGR of 6.2% During the Forecast Period 2020-2025


Posted October 9, 2020 by Blessy_Joy

Increasing Demand for Sparkling Bottled Water Amongst the Health-conscious Consumer Base and the Growing Trend of Consumers as a Healthy Alternative.

 
Sparkling Bottled Water Market size is valued at $ 1,472m by 2019, and is anticipated to grow at a CAGR of 6.2% during the forecast period 2020-2025. The Sparkling Bottled Water Market growth rate is attributed to the growing incidences of obesity among children and associated health issues owing to the increased consumption of soft drinks and fast foods. With the rising contamination levels of drinking water have propelled the consumer base to switch to bottled water, which is clean, bacteria-free, safe, and purified. Besides being a healthier substitute for soft drinks, sparkling bottled water also provide better digestion and immunity, weight reduction. From the introduction to number of product innovations and new flavors and the emergence of e-commerce channels, social media, etc. is anticipated to bolster the Sparkling Bottled Water Market during the forecast period 2020-2025.

Key Takeaways

North America dominated the Sparkling Bottled Water Market with a share of 38% in the year 2019.

The factors such as increase in trends of premium & functional water, rapid urbanization, the rise in disposable income, growth in retail channels across the globe, and rise in investments by market players are amongst the major factor projected to impel growth of Sparkling Bottled Water Market.

Health hazards that are associated with the sugar-rich beverages, increasing number of number of obesity cases in children coupled with health-conscious consumers looking for healthier alternatives are the key factors owing to the growth in the segment during forecast period 2020-2025.

Request for Sample of the Report @ https://www.industryarc.com/pdfdownload.php?id=17784

By Geography - Segment Analysis

North America dominated the Sparkling Bottled Water Market with a share of 38% in 2019. The application of Sparkling Bottled Water has grown rapidly over the last few years owing to the growing awareness among consumers, strong economy, increasing living standards, large number of lounges, bars, and cafes and introduction to number of product innovations and new flavors which continues to expand its market. Europe and Asia-Pacific regions are offering various product innovations with rising disposable income and rapid industrialization coupled with a hot and arid climate are to cater the Sparkling Bottled Water Market in the forecast period of 2020-2025.

Drivers – Sparkling Bottled Water Market

Increasing health-conscious population

With the increasing demand for sparkling bottled water amongst the health-conscious consumer base and the growing trend of consumers as a healthy alternative. Furthermore, the introduction of new flavours of sparkling bottled water is a microcosm of a much larger trend in the soft drink industry which can be considered as a Sparkling Bottled Water key driver of the market during the forecast period.

Sparkling Bottled Water Industry Outlook: Sparkling Bottled Water Market share is fragmented by the top ten players present in the market. Sparkling Bottled Water Market top 10 companies are Nestlé, A.G. Barr, PepsiCo, Coca-Cola, Crystal Geyser, Danone, Vintage, Tempo Beverages, Dr. Pepper Snapple, Sparkling Ice and others.

About IndustryARC : IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting services.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Blessy
Business Address IndustryARC
Country India
Categories Business
Tags sparkling bottled water market , sparkling bottled water market report , sparkling bottled water market share , sparkling bottled water market size
Last Updated October 9, 2020