Sparkling Water Market Is Set For Lucrative Growth To 2030
Sparkling Water Market Summary The global sparkling water market size was valued at USD 29.71 billion in 2020 and is projected to reach USD 76.95 billion by 2028, expanding at a compound annual growth rate (CAGR) of 12.6% from 2021 to 2028. The market is witnessing substantial growth as a result of an increasing global trend toward adopting a healthy lifestyle across all age groups. Consumers are progressively replacing traditional sugary carbonated beverages with healthier, more innovative options such as sparkling water, which offers the satisfaction of carbonation without added sugars or calories. The rising inclination of health-conscious consumers toward sparkling water in place of conventional sodas and sweetened carbonated drinks is expected to be a major driver of the market throughout the forecast period. Although the commercial demand for sparkling water initially declined during the early months of the COVID-19 pandemic due to the closure of public places, ...