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

October 9, 2020
Blessy

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.

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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.

Sparkling Bottled Water Industry Outlook: 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.

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