With a global market valued at over $38 billion and fizzy brands like LaCroix and Perrier generating hundreds of millions in revenue, it's clear that the pop of a sparkling water can has become the defining sound of a major global beverage shift.
Key Takeaways
- The global sparkling water market was valued at USD 38.5 billion in 2023 and is projected to grow significantly
- US sparkling water retail sales reached $2.9 billion in 2022, marking a 12% increase from the previous year
- European sparkling water market generated €15.2 billion in revenue in 2023
- The global sparkling water market is expected to grow at a CAGR of 10.2% from 2024 to 2030
- US sparkling water market projected to reach $4.5 billion by 2028 at 11% CAGR
- Europe sparkling water growth rate 8.5% CAGR through 2030
- Global sparkling water consumption volume was 32 billion liters in 2023
- US per capita sparkling water consumption reached 12.5 liters in 2023
- Europe sparkling water volume sales 18 billion liters in 2023
- LaCroix holds 20% market share in US sparkling water in 2023
- Perrier commands 15% of global premium sparkling water market share in 2023
- San Pellegrino has 12% share in European sparkling water market 2023
- 45% of US consumers aged 18-34 prefer sparkling water over soda in 2023 surveys
- 62% of millennials cite health benefits as reason for sparkling water consumption in 2023
- Flavored varieties account for 55% of sparkling water purchases globally in 2023
The global sparkling water industry is thriving with strong sales and consistent growth worldwide.
Consumption & Volume
- Global sparkling water consumption volume was 32 billion liters in 2023
- US per capita sparkling water consumption reached 12.5 liters in 2023
- Europe sparkling water volume sales 18 billion liters in 2023
- Flavored sparkling water consumed 9 billion liters globally in 2023
- UK annual sparkling water consumption 1.2 billion liters in 2023
- Canada sparkling water volume 450 million liters in 2022
- Brazil per capita sparkling water intake 5.8 liters in 2023
- Australia sparkling water sales volume 200 million liters in 2023
- Germany sparkling water consumption 4.2 billion liters in 2023
- India sparkling water volume 800 million liters in 2023
- China per capita sparkling water consumption 2.1 liters in 2023
- Mexico sparkling water total volume 2.5 billion liters in 2023
- France sparkling water consumed 1.8 billion liters in 2023
- South Korea sparkling water volume 500 million liters in 2023
- Italy per capita sparkling water 45 liters annually in 2023
- Poland sparkling water sales volume 900 million liters in 2023
- Spain sparkling water consumption 1.5 billion liters in 2023
- Asia-Pacific sparkling water volume 11 billion liters in 2023
- North America total sparkling water volume 4.8 billion liters in 2023
- Netherlands sparkling water 400 million liters consumed in 2023
- Sweden per capita sparkling water 15 liters in 2023
- Argentina sparkling water volume 600 million liters in 2023
- Global premium sparkling water volume 5 billion liters in 2023
- Organic sparkling water global volume 1.2 billion liters in 2023
Consumption & Volume Interpretation
The world is collectively trying to cut down on soda by indulging in a 32-billion-liter, transcontinental fizzfest, where Italy leads the charge as the undisputed hydration champion and even plain water is now considered an optional base model.
Growth Rates & Projections
- The global sparkling water market is expected to grow at a CAGR of 10.2% from 2024 to 2030
- US sparkling water market projected to reach $4.5 billion by 2028 at 11% CAGR
- Europe sparkling water growth rate 8.5% CAGR through 2030
- Asia-Pacific sparkling water market CAGR 12.4% from 2023-2032
- Flavored sparkling water segment to grow at 13% CAGR globally to 2030
- Premium sparkling water projected CAGR 11.5% to reach USD 25 billion by 2030
- UK sparkling water market growth 9.2% CAGR 2023-2028
- Canada sparkling water CAGR 10.8% projected to 2029
- Brazil sparkling water market 14% CAGR through 2030
- Australia sparkling water growth rate 7.5% CAGR to 2028
- Germany sparkling water CAGR 6.8% from 2024-2030
- India sparkling water market 18% CAGR projected to 2032
- China sparkling water CAGR 15.2% to 2030
- Mexico sparkling water growth 12.5% CAGR 2023-2029
- France sparkling water market CAGR 7.9% through 2028
- South Korea sparkling water 11% CAGR to 2030
- Italy sparkling water growth rate 8.1% CAGR 2024-2030
- Poland sparkling water CAGR 9.7% projected to 2028
- Spain sparkling water market 10.3% CAGR through 2030
- Global sparkling water volume expected to hit 45 billion liters by 2030 at 9% CAGR
- Organic sparkling water CAGR 14.2% to 2032
- North America sparkling water growth 10.5% CAGR 2023-2030
- Netherlands sparkling water CAGR 8.4% to 2029
- Sweden sparkling water market growth 7.2% CAGR through 2028
- Argentina sparkling water CAGR 13.1% projected to 2030
Growth Rates & Projections Interpretation
The global thirst for fizzy, non-alcoholic sophistication is bubbling over, as markets from India to Brazil pop with double-digit growth, proving that the effervescent escape from plain water has become a serious, and seriously lucrative, mainstream obsession.
Market Share & Brands
- LaCroix holds 20% market share in US sparkling water in 2023
- Perrier commands 15% of global premium sparkling water market share in 2023
- San Pellegrino has 12% share in European sparkling water market 2023
- Bubly captures 18% of US flavored sparkling water segment in 2023
- Topo Chico holds 10% share in North American sparkling water 2023
- Spindrift 8% market share in premium US sparkling water 2023
- Polar Seltzer leads New England with 25% regional share in 2023
- Aha by Coca-Cola 14% US market share in 2023
- Waterloo sparkling water 5% national share in US 2023
- Aura Bora holds 3% in flavored sparkling water US 2023
- Private label sparkling water 22% share in Europe 2023
- Nestle Waters Group 28% global sparkling water share via Perrier/San Pellegrino 2023
- PepsiCo Bubly and others 15% US total share 2023
- Coca-Cola 20% share in international sparkling water markets 2023
- Recess brand 4% in functional sparkling water US 2023
- Poppi sparkling water 6% share in low-sugar segment US 2023
- Olipop holds 2% in sparkling alternative water US 2023
- Dasani Sparkling 7% share in UK market 2023
- Gerolsteiner 18% share in German sparkling water 2023
- Saratoga 12% premium share Northeast US 2023
- Hint Water 9% infused sparkling share US 2023
Market Share & Brands Interpretation
The global sparkling water market is a dizzyingly fragmented empire where giants like LaCroix rule their home turf while others, like Perrier, quietly conquer the world, proving that in the effervescent struggle for dominance, bubbles burst and reform in endlessly different regional patterns.
Market Size & Revenue
- The global sparkling water market was valued at USD 38.5 billion in 2023 and is projected to grow significantly
- US sparkling water retail sales reached $2.9 billion in 2022, marking a 12% increase from the previous year
- European sparkling water market generated €15.2 billion in revenue in 2023
- LaCroix's annual revenue from sparkling water sales exceeded $500 million in 2022
- Perrier brand sparkling water contributed €1.1 billion to Nestle's revenue in 2023
- San Pellegrino sparkling water sales hit €800 million globally in 2022
- North American sparkling water market size stood at USD 6.7 billion in 2023
- Asia-Pacific sparkling water revenue reached USD 10.2 billion in 2023
- UK sparkling water market value was £1.2 billion in 2023
- Bubly sparkling water generated $300 million in sales for PepsiCo in 2022
- Global premium sparkling water segment revenue was USD 12.4 billion in 2023
- Australia sparkling water market valued at AUD 450 million in 2023
- Flavored sparkling water subcategory reached USD 15.8 billion worldwide in 2023
- Canada sparkling water sales totaled CAD 1.1 billion in 2022
- Germany sparkling water market revenue €4.5 billion in 2023
- Brazil sparkling water industry valued at BRL 2.8 billion in 2023
- Spindrift sparkling water brand revenue $150 million in 2023
- Italy sparkling water market size €3.2 billion in 2023
- Mexico sparkling water sales reached MXN 12 billion in 2023
- Poland sparkling water revenue PLN 1.5 billion in 2022
- South Korea sparkling water market USD 1.2 billion in 2023
- France sparkling water sales €2.9 billion in 2023
- India sparkling water market valued at INR 15 billion in 2023
- Topo Chico revenue $250 million for Coca-Cola in 2023
- China sparkling water market size CNY 25 billion in 2023
- Spain sparkling water revenue €1.8 billion in 2023
- Netherlands sparkling water market €900 million in 2023
- Argentina sparkling water sales ARS 50 billion in 2023
- Sweden sparkling water revenue SEK 2.5 billion in 2023
- Global organic sparkling water market USD 4.2 billion in 2023
Market Size & Revenue Interpretation
It appears the world is collectively, and quite expensively, trying to burp its way to a more hydrated future.
Trends & Consumer Behavior
- 45% of US consumers aged 18-34 prefer sparkling water over soda in 2023 surveys
- 62% of millennials cite health benefits as reason for sparkling water consumption in 2023
- Flavored varieties account for 55% of sparkling water purchases globally in 2023
- 38% growth in low-calorie sparkling water demand among women in US 2023
- 72% of consumers seek natural ingredients in sparkling water per 2023 surveys
- Subscription services for sparkling water grew 25% YoY in US 2023
- 51% of Gen Z prefer sparkling water with functional benefits like vitamins in 2023
- Eco-friendly packaging influences 67% of sparkling water buyers in Europe 2023
- At-home sparkling water consumption up 40% post-pandemic in 2023 US data
- 29% of consumers switching from soda to sparkling water annually in UK 2023
- Demand for zero-sugar sparkling water rose 35% among diabetics in 2023 surveys
- 44% of urban consumers prefer sparkling water for hydration over still water 2023
- Social media influences 53% of sparkling water brand choices among 18-24s 2023
- Premium pricing accepted by 61% of high-income sparkling water drinkers 2023
- Canned sparkling water format grew 28% in convenience stores US 2023
- 76% of parents choose sparkling water for kids as soda alternative 2023 poll
- Interest in CBD-infused sparkling water up 22% in 2023 US
- 39% rise in sparkling water with electrolytes for athletes 2023
- Female consumers represent 58% of sparkling water market in 2023 global data
- Online sales of sparkling water increased 32% YoY in 2023 e-commerce stats
Trends & Consumer Behavior Interpretation
This market isn't just fizzing; it's a full-blown revolution where health-conscious, convenience-driven, and eco-aware consumers are collectively pressuring the beverage industry to shape up, ship direct, and ditch the sugar.
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