Europe Sparkling Bottled Water Market was worth USD XX billion in 2021 and estimated to be growing at a CAGR of 3.53%, to reach USD XX billion by 2027.
Plain water with dissolved carbon dioxide results in sparkling water. For preparing sparkling water, pressurized carbon dioxide is passed through plain water. The increase in pressure increases the solubility meaning more carbon dioxide can be passed in the water as compared to under standard atmospheric pressure.Due to people becoming more health-conscious, sparkling water serves as an alternative to carbonated beverages. Rising cases of obesity among children is also expected to drive the growth of the market. Beverage companies are coming up with various flavors of sparkling water which is further expected to fuel the market growth. However, a major restraint is the expensive cost of sparkling water as compared to carbonated beverages.
The market for Sparkling Bottled Water is broadly categorized into
product
distribution channels.
By product, the market is classified into
unflavoured
flavored
Unflavoured sparkling bottled water accounts for a major share of the market. Unflavoured sparkling water is also considered as a substitute for alcohol or carbonated beverages in social surroundings.
By distribution channel, the market is classified into
supermarkets
on-trade
independent retailers
convenience stores
Supermarkets dominate
On the basis of geography, the market is analyzed under various regions namely the
U.K
Germany
Italy
France
Spain.
Europe is a major market for sparkling bottled water. People in Europe prefer consuming sparkling water not for the taste but for the health benefits associated with its consumption over carbonated beverages. Germany is expected to dominate the regional market.
Danone
Cott, PepsiCo
Nestlé
A.G. Barr
Coca-Cola
Crystal Geyser
Vintage
Tempo Beverages
Sparkling Ice
Dr. Pepper Snapple
VOSS of Norway
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