Sparkling Mineral Water Market was valued at USD 30 Billion in 2022 and is projected to reach USD 45 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The sparkling mineral water market is experiencing significant growth worldwide, with consumers increasingly turning to healthier alternatives to sugary sodas and artificial drinks. With its unique effervescence and natural mineral content, sparkling mineral water has found its place in the daily lives of many consumers. This market is becoming more competitive, with a variety of brands and products flooding the market. In this article, we’ll explore the key drivers, challenges, trends, and insights shaping the sparkling mineral water industry today, along with a comprehensive analysis of its future potential.
Over the past decade, sparkling mineral water has transitioned from a niche product to a mainstream choice for health-conscious consumers. Often seen as a refreshing and sophisticated alternative to traditional soft drinks, sparkling mineral water is gaining popularity globally. According to a report by Grand View Research, the global sparkling water market was valued at approximately $33.9 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 10.1% from 2021 to 2028. This growth reflects increasing awareness about healthy hydration and rising disposable incomes, especially in developed markets.
Consumers’ preferences are shifting towards beverages with natural ingredients, and sparkling mineral water fits perfectly into this evolving trend. Mineral water, typically sourced from natural springs, is rich in minerals such as calcium, magnesium, and sodium, all of which contribute to hydration and overall wellness. The added sparkle, which comes from carbonation, gives this product a unique edge, combining both refreshment and health benefits in one package.
Several key factors are contributing to the rapid expansion of the sparkling mineral water market. Let’s explore some of the primary drivers:
The global wellness trend is one of the most significant drivers of sparkling mineral water consumption. With a growing emphasis on healthy eating and drinking habits, consumers are increasingly moving away from sugary beverages like sodas and fruit juices. These drinks, often loaded with calories, artificial sweeteners, and preservatives, are being replaced by healthier, more natural alternatives. Sparkling mineral water, known for its pure composition and mineral content, offers a healthier choice without compromising on taste or refreshment.
Carbonated drinks, once synonymous with unhealthy options, are now being reinvented with healthier ingredients. Sparkling mineral water offers a perfect balance—providing the fizz and excitement of soda but without the added sugar and artificial flavors. This shift is particularly evident among younger consumers, who are increasingly mindful of what they consume. Sparkling water brands have capitalized on this trend by offering a wide range of flavors, making it an exciting and enjoyable alternative to traditional sodas.
Urbanization and increased disposable income, especially in emerging markets, are also contributing to the growth of the sparkling mineral water market. As consumers in countries like China, India, and Brazil adopt Western lifestyles, there’s a growing demand for premium products, including sparkling water. Consumers are willing to pay a premium for healthier, high-quality beverages, and sparkling mineral water fits this bill. Additionally, the rise of convenience stores, supermarkets, and e-commerce platforms has made sparkling water easily accessible to a broader audience.
As sustainability becomes a focal point for consumers, brands in the sparkling mineral water market are increasingly focusing on eco-friendly packaging. Glass bottles and recyclable materials are being used as alternatives to plastic, addressing growing environmental concerns. Brands that commit to sustainable practices are seen as more responsible, appealing to environmentally conscious consumers.
The sparkling mineral water market is continuously evolving, driven by innovations and changing consumer preferences. Here are some of the most notable trends in the industry:
Flavored sparkling mineral water has become a major trend in recent years. Consumers are seeking new and exciting taste experiences, and brands have responded by offering a range of flavors, from classic citrus and berry to more exotic options like hibiscus, cucumber, and ginger. These beverages provide a refreshing, sugar-free alternative to traditional flavored sodas and are gaining popularity in both the wellness and premium beverage segments.
Functional sparkling waters are taking the market by storm, as consumers look for beverages that provide added health benefits. Many sparkling water brands are now infusing their products with vitamins, electrolytes, antioxidants, and adaptogens, positioning them as both refreshing and functional. These waters are marketed as tools for boosting immunity, enhancing energy levels, and supporting overall wellness.
Premium sparkling mineral water brands are emerging, capitalizing on the growing demand for upscale, high-quality beverages. These brands often focus on sourcing their water from rare, pristine springs and emphasize the purity and mineral content of their products. Luxury packaging, such as glass bottles and custom-designed labels, is also a hallmark of premium sparkling water brands. The marketing of these products often emphasizes exclusivity and wellness, attracting consumers willing to pay a higher price for a superior experience.
As mentioned earlier, sustainability is a key trend in the sparkling mineral water market. Consumers are increasingly looking for products that align with their environmental values. Brands are responding by reducing plastic waste and using recyclable materials or biodegradable packaging. Some brands even source their water from eco-friendly springs or invest in water conservation efforts to bolster their sustainability credentials.
The sparkling mineral water market is highly competitive, with both established players and new entrants vying for consumer attention. Below are some of the leading brands in the market:
Nestlé Waters, one of the largest beverage companies in the world, has a significant presence in the sparkling mineral water market through its brands such as Perrier and S.Pellegrino. These iconic brands have established a strong reputation for quality and premium positioning. Perrier, for example, is known for its bold carbonation and distinctive taste, while S.Pellegrino is often associated with fine dining and luxury.
Coca-Cola, another major player in the global beverage market, has entered the sparkling mineral water segment with its Dasani Sparkling brand. The company’s extensive distribution network and brand recognition make it a key contender in this market. Dasani Sparkling is positioned as a refreshing, low-calorie option with a variety of natural flavors, catering to health-conscious consumers.
PepsiCo’s Bubly brand is another prominent player in the sparkling mineral water market. With a focus on fun, vibrant flavors and attractive packaging, Bubly has captured the attention of younger consumers. PepsiCo’s strong marketing strategy and large-scale distribution channels have helped Bubly gain a significant market share.
LaCroix is one of the most popular sparkling water brands in the U.S., known for its wide variety of fruity flavors and strong brand identity. It has been able to establish itself as a leader in the flavored sparkling water segment, catering to both health-conscious individuals and those seeking a flavorful alternative to sugary beverages.
The popularity of sparkling mineral water varies across different regions. Here’s a closer look at some of the key markets:
In North America, the U.S. is the largest consumer of sparkling mineral water. The growing trend towards healthier living and the increasing demand for low-calorie, sugar-free beverages have made sparkling water a popular choice. Flavored sparkling water, in particular, has gained significant traction, with major brands like LaCroix, Bubly, and Dasani Sparkling leading the charge. The presence of large retail chains and easy accessibility to sparkling water has also contributed to the market’s growth.
Europe is a key market for sparkling mineral water, with countries like Italy, France, and Germany being prominent consumers. Italy, in particular, is home to some of the most renowned sparkling mineral water brands, such as San Pellegrino. European consumers have long favored sparkling water as a part of their everyday hydration routine, and this trend continues to grow, with an increasing focus on health and wellness.
The Asia Pacific region is seeing rapid growth in the sparkling mineral water market, driven by rising disposable incomes
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Nestlé
Acqua Minerale San Benedetto S.p.A
Fraser & Neave Holdings Bhd
Danone Group
TY Nant
UVion
Sovány Beverage Company
Spritzer Bhd
Jianlong
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Sparkling Mineral Water Market
Family
Commercial
Based on Types the Market is categorized into Below types that held the largest Sparkling Mineral Water market share In 2023.
Salt Mineral Water
Light Mineral Water
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Sparkling Mineral Water Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Sparkling Mineral Water Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Sparkling Mineral Water Market, By Type
6. Global Sparkling Mineral Water Market, By Application
7. Global Sparkling Mineral Water Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Sparkling Mineral Water Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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