The Latest Sparkling Water Industry Statistics Explained
As of 2020, the global sparkling water market size was valued at USD 30.56 billion.
The statistic indicates that as of the year 2020, the total value of the global sparkling water market was estimated to be USD 30.56 billion. This value represents the combined revenue generated by all sparkling water products sold worldwide in that year. The market size reflects the significant consumer demand and economic activity surrounding sparkling water as a popular beverage choice. Factors such as increasing health consciousness, the rise of premium and flavored sparkling water options, and the shift towards healthier alternatives to sugary drinks have contributed to the market’s growth. The substantial market size highlights the lucrative opportunities and competitiveness within the sparkling water industry for manufacturers, retailers, and other stakeholders.
The sparkling water industry is projected to grow at a compound annual growth rate (CAGR) of 12.8% from 2021 to 2028.
The statistic stating that the sparkling water industry is projected to grow at a compound annual growth rate (CAGR) of 12.8% from 2021 to 2028 means that the industry is anticipated to experience significant expansion and progress over the specified time period. The CAGR of 12.8% indicates the average annual growth rate, taking compounding into account, as opposed to a simple average. This projection suggests that the demand for sparkling water is expected to increase steadily, leading to a substantial rise in market size, consumption, and revenue for businesses operating within this sector. Factors such as changing consumer preferences towards healthier beverage options and increasing awareness of the health benefits associated with sparkling water may be driving this forecasted growth.
The North America region held the largest share in the global sparkling water market, accounting for over 35% in 2020.
The statistic indicates that in 2020, the North America region had the greatest market presence in the global sparkling water market, with a share exceeding 35%. This suggests that North America was a significant contributor to the overall consumption and sales of sparkling water worldwide. Factors such as consumer preferences, marketing strategies, distribution networks, and the growing trend towards healthier beverage options may have influenced the high market share of sparkling water in the region. The statistic also implies that North America continues to be a key market for companies in the sparkling water industry seeking to expand their reach and capitalize on the region’s consumer demand for such products.
In North America, the U.S. accounted for the largest market share with a revenue exceeding USD 6.2 billion in 2020.
This statistic indicates that in the North American market, the United States held the highest market share in terms of revenue in 2020, surpassing all other countries in the region. The revenue generated by the U.S. exceeded USD 6.2 billion, highlighting the significant contribution of the country to the overall market performance. This statistic suggests that the U.S. was the dominant player in the North American market, likely due to factors such as a large consumer base, strong economy, and effective marketing strategies. It also implies that companies operating in this market may need to pay close attention to the U.S. market dynamics and consumer preferences to maintain a competitive edge and capture a significant share of the market.
La Croix held the largest share in the U.S. market for non-alcoholic sparkling water, with a share of 82.1% in 2019.
The statistic indicates that in 2019, La Croix was the dominant player in the non-alcoholic sparkling water market in the United States, holding a substantial share of 82.1%. This high market share suggests that La Croix was the preferred choice among consumers in the competitive non-alcoholic sparkling water sector during that year. The data is significant as it highlights La Croix’s strong market position and competitive advantage over other brands in the industry. This statistic could be indicative of various factors such as customer loyalty, brand recognition, product quality, effective marketing strategies, and distribution channels that have contributed to La Croix’s market dominance in the non-alcoholic sparkling water category.
Sales of bottled sparkling water in the U.S. grew by 19.4% in 2020, totaling nearly $4.5 billion.
The statistic indicates that the sales of bottled sparkling water in the United States experienced significant growth in 2020, with a notable increase of 19.4%. This growth signifies a shift in consumer preferences towards healthier beverage choices, possibly driven by an increased emphasis on health and wellness trends. The total sales value of nearly $4.5 billion demonstrates the substantial market size and demand for bottled sparkling water in the U.S. The growth in sales suggests a thriving market for this particular beverage category, presenting opportunities for manufacturers and retailers to capitalize on the trend and potentially expand their offerings to cater to evolving consumer preferences.
As of 2020, the flavored segment accounted for the largest share of more than 65% in the sparkling water market.
As of 2020, the flavored segment of the sparkling water market represented the largest portion of market share, at over 65%. This statistic indicates that consumers have a strong preference for flavored sparkling water over plain varieties. The popularity of flavored options may stem from the desire for variety and more exciting taste offerings compared to traditional plain water. The significant market share held by the flavored segment suggests that companies in the sparkling water industry should focus on innovating and expanding their flavored product lines to meet consumer demand and capitalize on this growing trend.
The Asian Pacific sparkling water market size is expected to witness the highest CAGR of 14.4% from 2021 to 2028.
The statistic suggests that the Asian Pacific sparkling water market is projected to experience significant growth over the period from 2021 to 2028 with a Compound Annual Growth Rate (CAGR) of 14.4%. This indicates that the market size for sparkling water in the region is expected to expand at a rapid pace during these years. Factors such as increasing consumer preferences for healthier beverage options, rising disposable incomes, changing lifestyles, and growing awareness about the benefits of sparkling water could be driving this growth trend. The high CAGR indicates strong potential for market opportunities and investment in the Asian Pacific sparkling water industry during this period.
The global canned sparkling water segment accounted for the largest revenue share of more than 50%, as of 2020.
This statistic indicates that in the year 2020, the global canned sparkling water segment generated the highest proportion of total revenue compared to other segments within the beverage industry. Specifically, more than 50% of the total revenue generated by all segments combined came from canned sparkling water products. This suggests a strong consumer demand for canned sparkling water, which may be influenced by factors such as health consciousness, convenience, and changing preferences towards healthier beverage options. The significant revenue share of canned sparkling water underscores its importance and popularity in the global market, highlighting potential growth opportunities for companies operating within this segment.
The online distribution channel for sparkling water is projected to witness the fastest CAGR of 14.3% from 2021 to 2028.
The statistic suggests that the online distribution channel for sparkling water is expected to experience significant growth in terms of revenue over the period from 2021 to 2028, with a Compound Annual Growth Rate (CAGR) of 14.3%. This projection indicates that the online sales of sparkling water are poised to outpace traditional distribution channels such as retail stores and supermarkets. The increasing trend towards online shopping, convenience, and a growing consumer preference for healthier beverage options could be driving this rapid growth. This statistic highlights the potential opportunities for businesses in the sparkling water industry to capitalize on the growing online market and adapt their distribution strategies accordingly to meet the evolving consumer demands.
The top three carbonated water brands in the U.S., with most growth in sales as of 2020, were Bubly, Waterloo, and AHA.
The statistic indicates that as of 2020, the top three carbonated water brands in the U.S. experiencing the most growth in sales were Bubly, Waterloo, and AHA. This means that these brands saw a significant increase in consumer demand and purchases during that year, signaling a trend towards these specific products over others in the market. The growth in sales for these brands could be attributed to various factors such as effective marketing strategies, product innovation, changing consumer preferences towards healthier beverage options, and increased awareness of the health benefits of carbonated water. Overall, this statistic highlights the competitive landscape of the carbonated water industry and the success of these particular brands in capturing the market share through increased sales growth.
Per capita consumption of bottled water, including sparkling water, in the U.S. reached around 46.4 gallons in 2020.
The statistic indicates that the average per capita consumption of bottled water in the United States, including both still and sparkling varieties, was approximately 46.4 gallons in 2020. This figure represents the amount of bottled water consumed by the average individual in the U.S. over the course of the year. The high consumption of bottled water suggests a significant demand for this beverage, likely driven by factors such as convenience, taste preferences, concerns about tap water quality, and lifestyle choices. The statistic can be used to track trends in consumer behavior, assess the impact on the environment due to packaging waste, and inform marketing strategies within the bottled water industry.
Poland Spring held 13.2% of the U.S. sparkling water market in 2019.
This statistic means that in 2019, Poland Spring, a brand of sparkling water, accounted for 13.2% of the total market share within the U.S. sparkling water industry. This indicates that Poland Spring was a significant player in the market, capturing a notable portion of consumer preferences and sales compared to other brands. The statistic suggests that Poland Spring was a strong competitor in the U.S. sparkling water market in 2019, potentially indicating successful marketing strategies, product quality, pricing, or other factors that contributed to its market share. It also highlights the level of market concentration and competition present within the sparkling water industry during that period.
Nielsen data shows that sparkling water sales reached almost $2.3 billion for the 52 weeks ending 13 June 2020, up 19.8% year over year.
The statistic indicates that according to Nielsen data, sales of sparkling water for the 52 weeks ending 13 June 2020 amounted to nearly $2.3 billion, reflecting a significant growth rate of 19.8% when compared to the previous year. This substantial increase in sales suggests a growing consumer preference for sparkling water as a beverage choice, likely driven by factors such as increasing health consciousness, demand for healthier alternatives to sugary drinks, and changing consumer tastes. The data implies a strong market trend towards sparkling water consumption, highlighting its popularity and market potential within the beverage industry.
According to IRI data, retail sales for sparkling water in the U.S. were posting double-digit growth even as late as December 2020.
The statistic suggests that retail sales for sparkling water in the U.S. were experiencing significant growth rates in the double digits as of December 2020, based on data from IRI. This indicates a strong and increasing demand for sparkling water among consumers, likely driven by factors such as health consciousness, changing preferences towards healthier and low-calorie beverage options, and increased awareness of the importance of hydration. The consistent growth in sales for sparkling water highlights a trend in consumer behavior towards healthier beverage choices, positioning sparkling water as a popular and competitive product in the beverage market.
By 2025, the global sparkling water market is projected to reach USD 59.59 billion.
The statistic indicates that by the year 2025, the global market for sparkling water is estimated to grow significantly to reach a value of USD 59.59 billion. This projected growth suggests a substantial increase in consumer demand for sparkling water products around the world, likely driven by factors such as changing consumer preferences towards healthier beverage options, a growing emphasis on hydration, and a shift away from sugary drinks. The figure highlights the potential for robust market expansion within the sparkling water sector, presenting opportunities for businesses operating in this market to innovate and capitalize on the rising demand for fizzy, refreshing beverages.
Rising health consciousness among consumers has led to a shift in preference from sugary carbonated drinks to healthier alternatives such as sparkling water.
The statistic suggests that consumers are becoming more health-conscious, resulting in a significant change in their beverage preferences. This shift is reflected in the decreasing popularity of sugary carbonated drinks and the increasing demand for healthier alternatives like sparkling water. As individuals become more aware of the negative impact of sugary beverages on health, they are opting for options that are perceived as better for their well-being. This trend highlights a societal movement towards healthier choices and signifies a broader shift towards mindful consumption and wellness-oriented lifestyles among consumers.
The unflavored sparkling water segment is expected to register a high CAGR of 13% during the forecast period of 2021-2026.
This statistic indicates that the unflavored sparkling water segment is projected to experience a Compound Annual Growth Rate (CAGR) of 13% between the years 2021 and 2026. A high CAGR suggests a rapid and sustained growth rate for the market segment over the forecast period. This prediction implies that there is a strong demand for unflavored sparkling water products, likely driven by factors such as increasing consumer preference for healthier beverage options, growing awareness of the health benefits of staying hydrated, and a shift towards low-calorie and sugar-free alternatives to traditional carbonated drinks. The expected high CAGR signifies a lucrative opportunity for companies operating in the unflavored sparkling water sector to expand their market share and capitalize on this trend.
Conventional stores accounted for the largest distribution channel, with a share of over 75%, as of 2020.
This statistic indicates that conventional stores, such as brick-and-mortar retail outlets, represented the predominant distribution channel for a particular industry or market in the year 2020, capturing a substantial share of over 75%. This suggests that the majority of products or services within that industry were being sold through traditional physical stores rather than online channels or other emerging platforms. The high market penetration of conventional stores highlights the continued importance and relevance of in-person shopping experiences for consumers, despite the growing popularity of e-commerce. Additionally, this statistic underscores the significance of retail store strategies and operations in reaching consumers and driving sales within the industry.
About 72% of U.S. adults prefer to drink bottled water over tap water.
The statistic indicates that approximately 72% of adults in the United States have a preference for drinking bottled water rather than tap water. This suggests a significant majority of the population opt for bottled water, likely due to reasons such as convenience, taste, or concerns about water quality. The preference for bottled water may also reflect lifestyle choices, marketing influence, or perceptions about health and hygiene. This statistic highlights a notable consumer behavior trend and implies a demand for bottled water in the U.S. market. Understanding these preferences can be important for policymakers, public health officials, and businesses involved in the water industry to address consumer needs and concerns effectively.
References
0. – https://www.www.bevindustry.com
1. – https://www.www.statista.com
2. – https://www.www.grandviewresearch.com
3. – https://www.www.mordorintelligence.com
