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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Talking Rain is a privately held beverage company headquarted in Washington, the United States. The company has been engaged in manufacturing better-for-you beverages, including still and sparkling water with natural flavours. It was founded in 1987 and a few months later it was bought by investors Lawrence Hebner, Donald Kline, and Donald Jasper for a value of $300,000.
LaCroix Beverages, Inc is a company that is engaged in the production of sparkling water, juices, energy drinks and, to a lesser extent, carbonated soft drinks. The company has a distinct portfolio of products with a wide range of classic and innovative flavours. The company focuses on creative product designs, innovative packaging, and imaginative flavours to expand its presence in the beverage sector.
Polar Beverages is one the largest beverage companies in the United States. The company is headquartered in Massachusetts, the United States. It operates and distributes its products in the market through its brands such as Polar Seltzer, Adirondack, Clear and Sparkling, O Water, and Frannie’s, and by establishing strong brand partnerships with regional and national brands.
Other market players include Nestlé S.A., PepsiCo, Inc., The Coca-Cola Company, Keurig Dr Pepper Inc., Danone S.A., Clear Cut Phocus, and National Beverage Corp., among others.
Sparkling Water Market Report Snapshots
Sparkling Water Market Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached a size of nearly USD 32.74 billion.
The market is estimated to grow at a CAGR of 9% in the forecast period of 2024-2032.
The market is assessed to reach a value of around USD 71.04 billion by 2032.
The growing number of health-conscious consumers and the increasing demand for flavoured sparkling water are the major factors driving the market growth.
The shifting consumer preference towards sparkling water as an alternative to soda and the increasing efforts by key market players to introduce new flavours of sparkling water are the key trends supporting the market development.
The major regional markets for sparkling water include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various products considered in the market report include natural/mineral sparkling water and caffeinated sparkling water.
The different distribution channels in the market include hypermarkets and supermarkets, convenience stores, and online, among others.
The key players in the market include Talking Rain, LaCroix Beverages, Inc., Polar Beverages, Nestlé S.A., PepsiCo, Inc., The Coca-Cola Company, Keurig Dr Pepper Inc., Danone S.A., Clear Cut Phocus, and National Beverage Corp., among others.
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