The North America Sparkling Water Market would witness market growth of 11.5% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 1,861.77 Kilo Tonnes, showcasing a growth of 19.3% (2020-2023).
Natural or mineral sparkling water is distinguished by its origin and composition, making it a premium choice among consumers seeking a refreshing and health-conscious beverage option. This type of water is sourced from natural springs or wells, where it naturally absorbs minerals and trace elements from the surrounding geological formations. The mineral content of natural water contributes to its distinctive taste, effervescence, and potential health benefits, such as improved hydration and mineral supplementation. Unlike artificially carbonated beverages, natural water undergoes minimal processing, retaining its natural purity and flavors without added sugars, flavors, or preservatives. Therefore, the US market consumed 1,586.07 kilo tonnes of mineral water in 2023.
The US market dominated the North America Sparkling Water Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $23,505 Million by 2031. The Canada market is experiencing a CAGR of 14% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 13.1% during (2024 - 2031).
This water is available in various flavors, including fruit-infused varieties. These flavored waters offer consumers a refreshing and flavorful beverage option without traditional sodas' added sugars and calories. Some people find drinking water helps digestion and alleviates symptoms of bloating and indigestion. The carbonation in water may stimulate digestion and relieve gastrointestinal discomfort.
This water can be used in cooking and baking recipes to add lightness and texture to dishes. It can also substitute for still water or other liquids in recipes such as pancakes, waffles, cakes, and batters. This water is often served as a non-alcoholic option at celebrations and gatherings. It provides a festive and refreshing beverage choice for guests of all ages, making it suitable for parties, weddings, and other special occasions.
Mexican consumers are becoming increasingly health-conscious, shifting from sugary beverages to healthier alternatives like this water. Brands offer various flavors, including fruit-infused, citrus, berry, and tropical flavors, catering to diverse consumer preferences in Mexico. Functional varieties of this water, such as those infused with vitamins, minerals, and natural extracts, are gaining popularity among health-conscious consumers in Mexico. This water is widely available in supermarkets, convenience stores, and online platforms across Mexico, making it easily accessible to consumers. This water brands are expanding their distribution channels to reach a broader audience across Mexico. The water brands invest in promotional activities and marketing campaigns to increase brand awareness and drive consumer engagement in Mexico. Hence, the factors mentioned above will drive the regional market growth.
Free Valuable Insights: The Sparkling Water Market is Predict to reach USD 92.9 Billion by 2031, at a CAGR of 12.1%
Based on Type, the market is segmented into Natural/Mineral, and Caffeinated. Based on Packaging, the market is segmented into Bottled, Canned, and Others. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Online, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Type (Volume, Kilo Tonnes, USD Billion, 2020-31)
By Packaging (Volume, Kilo Tonnes, USD Billion, 2020-31)
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-31)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-31)
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