Sparkling water is commonly just water infused with the pressurized carbon dioxide. It's also better known as seltzer. As per U.S. Food and Drug Administration (FDA), Sparkling mineral water is naturally laced with minerals and can be naturally or artificially carbonated. One of the causes for that boom is that health-conscious customers are turning to sparkling water as a sugar-free alternative to carbonated sodas and juices.
According
to the report analysis, ‘Sparkling Water Market: Current Analysis and Forecast
(2021-2027)’ states that the requirement for sparkling
water is on the growth with the mounting trend of healthy lifestyle among all
age groups, people across the globe are gradually shifting to healthy and
innovative drinks, entailing the sparkling water owing to the existence of a
variety of minerals, comprising sodium, magnesium, and calcium, in the product.
Not only has this, the product has countless advantages; for instance, it aids
improve digestion and may aid relieve constipation. Moreover, the augmenting
consumer preference for sparkling water over sodas and sugary carbonated drinks
is predicted to propel the market over the forecast duration.
The
surge in requirement for healthy beverages owing to the growth in the global
burden of individuals suffering from chronic diseases comprising cancer, heart
diseases, and diabetes has inclined individuals to adopt a healthy lifestyle
which will propel the global market of sparkling water. Sparkling water is obtaining
huge popularity among fitness enthusiasts as it is rich in fresh vitamins,
minerals, and several other antioxidants.
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Moreover,
the increasing preference for sparkling water among millenniums and Gen Z due
to the augmenting awareness is leading to the growth of the market. As per Los
Angeles Times, Sparkling water is still the newest beverage among millennials.
These customers have grown up with an incredible diversity of healthy and
flavorful food choices, and they predict the similar choices from their
beverages. Moreover, sparkling water consumption is presenting no signs of
slowing down soon. By delivering an option that hits on all the positives customers
want in a fizzy beverage, with no calories or artificial sweeteners, your
business can augment right along with their love of sparkling water.
Based
on the distribution channel, the market is classified into Hypermarket &
Supermarkets, Convenience Stores, Online, and Others. The hypermarkets/
supermarkets segment grabbed the key market share and registered the market during
2020. However, the online segment would witness the greatest CAGR throughout
the forthcoming years. North America constitutes a key market for the Sparkling
Water Market industry and generated revenue of USD XX Million during the review
period owing to the existence of numerous companies proposing the Sparkling
Water in the countries such as the United States and Canada.
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