According to Custom Market Insights (CMI), the global Sparkling Water Market share was estimated at USD 50.51 billion in 2023 and is anticipated to reach around USD 123.41 billion by 2032, recording a CAGR of roughly 12.6% between 2023 and 2030.

Sparkling Water Market: Growth Factors and Dynamics

The sparkling water market is witnessing significant growth owing to the increasing consumer preference for healthy and low-calorie beverages over sugary carbonated drinks. The trend of leading a healthy lifestyle, particularly among younger generations, is a key driver for the growth of the market.

Moreover, the growing awareness about the health benefits of sparkling water, such as improved digestion and bone health, is boosting the demand for the product. In addition, the wide availability of sparkling water through various distribution channels, such as hypermarkets, supermarkets, convenience stores, and online platforms, is further contributing to the growth of the market. Companies are launching new flavors and innovative products to meet the evolving demands of health-conscious consumers.

The natural/mineral sparkling water segment holds the largest share of the market owing to the increasing demand for healthy and natural water among consumers. The flavored variants are also gaining popularity due to their taste and health benefits.

The market is facing challenges such as the availability of tap water and rising concerns over plastic waste. However, the increasing demand for eco-friendly packaging and the introduction of sparkling water dispensers in offices and public places present opportunities for the growth of the market.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 50.51 Billion
Projected Market Size in 2032 USD 123.41 Billion
Market Size in 2022 USD 42.41 Billion
CAGR Growth Rate 12.6% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Product, Distribution Channel, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Sparkling Water Market: COVID-19 Analysis

The COVID-19 pandemic has had a mixed impact on the sparkling water market. On one hand, the closure of various food service outlets and hospitality businesses has negatively impacted the market as it reduced the consumption of sparkling water in these settings.

On the other hand, the pandemic has led to an increase in demand for healthier beverage options, including sparkling water, as consumers have become more health-conscious during the pandemic. Moreover, with the increase in the number of people working from home, there has been a surge in at-home consumption of sparkling water.

As a result, many sparkling water companies have been focusing on expanding their e-commerce channels to cater to this growing demand. Additionally, the pandemic has also led to supply chain disruptions, causing challenges for the sparkling water market, such as a shortage of raw materials and packaging materials.

Global Sparkling Water Market 2023–2032 (By Billion)

List of the prominent players in the Sparkling Water Market:

  • Nestle Waters
  • PepsiCo Inc.
  • The Coca-Cola Company
  • Pepper Snapple Group Inc.
  • Talking Rain Beverage Company
  • Danone Waters of America Inc.
  • Crystal Geyser Water Company
  • LaCroix Sparkling Water
  • Sparkling Ice
  • AHA Sparkling Water
  • Others

The Sparkling Water Market is segmented as follows:


  • Natural/Mineral Sparkling Water
    • Flavored
    • Unflavored
  • Caffeinated Sparkling Water
    • Flavored
    • Unflavored

Distribution Channel

  • Hypermarket & Supermarket
  • Convenience Stores
  • Independent Grocery Stores
  • Specialty Stores
  • Online Retail
  • Others

By Region

North America

  • The U.S.
  • Canada
  • Mexico


  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America