What is Carbonated Bottled Water Market?
Due to increasing awareness about the water substitutes as well as, healthier effects of the carbonated bottled water has increased the business growth. In addition to this, carbonated bottled water possess a number of medical benefits such as it is good for digestion, minimizes acidic body contains and many others. Also, the introduction to flavored carbonated water has further escalated the demand for carbonated bottled water. This water is infused with the carbon dioxide which generates bubbles in the water, also known as carbonated water.
The market study is being classified by Type (PET Bottles, Stand-up Pouches, Glass Bottles and Others), by Application (Retail Stores, Supermarkets and E-retailers) and major geographies with country level break-up. According to AMA, the Global Carbonated Bottled Water market is expected to see growth rate of 6.58% and may see market size of USD310.27 Billion by 2026.
PepsiCo, Inc. (United States), The Coca-Cola Company (United States), Suntory Beverage & Food Limited (Japan), Kraft Heinz Company (United States), Icelandic Water Holdings ehf (Iceland), CG Roxane, LLC (United States), Vichy Catalan Corporation (Spain), Mountain Valley Spring Company LLC (United States), Dr Pepper Snapple Group (United States) and XALTA (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Guangdong Jianlibao Group Co Ltd (China) and Hangzhou Wahaha Group (China).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Carbonated Bottled Water market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Carbonated Bottled Water market by Type, Application and Region.
On the basis of geography, the market of Carbonated Bottled Water has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Consumption of Carbonated water Bottles from APAC Region
- Growing Awareness about the Health Benefits of Carbonated Water
Market Trend
- Rising Demand for the Flavored and Sugarless Carbonated Waters
- Upsurging Demand from the Regions with Maximum Atmospheric Temperatures
Restraints
- Comparatively Expensive than Conventional Water may hamper the demand
- Over Consumption of Carbonated water is Prone to Obesity, Diabetes and many other Health Issues
Opportunities
- Increasing International Trades of carbonates water flavors will further Fuel the Demand
- Drinking Carbonated Water May Aid Digestion and many other health benefits will lead to Upsurge the Demand
Challenges
- Storage and Packaging is Comparatively Expensive Procedure
- Seasonal Demand for the Carbonated Waters especially the demand is raised in summer
On 7th March 2019, one of the global carbonated bottled water manufacturers “PepsiCo” together with his subsidiary ‘Frito Lay’ has announced a new line-up from snack division which offers poppable snacks in four power-up flavors from Doritos and Cheetos. These flavor Shots feature a burst of intensity and crunch with every bite and come in a convenient ready-to-go packaging the consumer can simply get a quick flavor boost and get going with the day.
The Food and Drug Administration (FDA) is amending its bottled water quality standard regulations by establishing an allowable level for the chemical di-(2-ethylhexyl) phthalate (DEHP). As a consequence, bottled water manufacturers are required to monitor their finished bottled water products for DEHP at least once each year under the current good manufacturing practice (CGMP) regulations for bottled water.
Key Target Audience
Carbonated Bottled Water Manufacturers, Carbonated Bottled Water Distributors and Traders, Food and Beverage Industry, Government Regulators, Upstream and Downstream Buyers, Business Stakeholders and Others