The global sparkling water market size is expected to reach USD 140.70 billion by 2033, registering a CAGR of 12.8% from 2026 to 2033, according to a new report by Grand View Research, Inc. Over the past few years, the demand for packaged water has significantly grown across the globe owing to the rising demand for healthy drinking water and the declining availability of fresh, clean, and hygienic water.
Some of the biggest bottled water companies such as Nestlé S.A., The Coca-Cola Company, PepsiCo Inc., and Dr Pepper Snapple Group are promoting healthy water drinking through a number of product launches, including sparkling water. For instance, in March 2020, the Coca-Cola Company launched a new line of the sparkling water under the brand name ‘AHA’ in the U.S. market, which features various flavor infusions to cater to the changing consumer demand.
Sparkling water is often sourced from mineral springs and its effervescence is a result of naturally occurring gases in some cases. Thus, the natural/mineral segment held the largest share of more than 60.0% share in 2020. The flavored caffeinated segment is expected to expand at a significant CAGR over the forecast period.
In March 2020, Caribou Coffee announced the launch of its new line of refreshing Caribou BOUsted Caffeinated Beverages. Caribou BOUsted is a delicious line of sparkling and blended caffeinated water and juice in a variety of fruit flavors and is available across the U.S. Lately, companies in the industry have been strengthening their distribution networks to enhance consumer reach.
Request a free sample copy or view report summary: Sparkling Water Market Report
Consumers are steadily shifting toward sparkling water as part of a broader move away from sugary carbonated drinks and calorie-dense beverages. Rising health consciousness, especially among urban millennials and Gen Z, is driving preference for drinks that offer hydration, refreshment, and a “soda-like” experience without sugar, artificial sweeteners, or preservatives.
Natural/mineral sparkling water segment accounted for the largest share of 62.6% of the global revenue in 2025. The market demand for natural and mineral sparkling waters is rising as consumers increasingly shift toward healthier, low-calorie beverage alternatives while reducing their intake of sugary sodas and artificial drinks.
Sales of sparkling water through convenience stores accounted for a revenue share of 28.9% in 2025. Demand for sparkling water is rising rapidly in convenience stores as consumers increasingly look for healthier, low-calorie beverage alternatives that can be purchased quickly on-the-go.
North America sparkling water market held the largest revenue share of 38.8% in 2025. The demand for sparkling water in North America is rising as consumers increasingly shift away from sugary sodas toward healthier, low-calorie beverage options.
Grand View Research has segmented the global sparkling water market based on product, distribution channel, and region:
Sparkling Water Product Outlook (Revenue, USD Million, 2021 - 2033)
Natural/mineral sparkling water
Flavored
Unflavored
Caffeinated sparkling water
Flavored
Unflavored
Sparkling Water Distribution Channel Outlook (Revenue, USD Million, 2021 - 2033)
Hypermarkets & Supermarkets
Convenience Stores
Online
Others
Sparkling Water Regional Outlook (Revenue, USD Million; 2021 - 2033)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Asia Pacific
China
Japan
India
Australia
Central & South America
Brazil
Middle East & Africa
South Africa
List Of Key Players Sparkling Water Market
Nestlé
PepsiCo, Inc.
National Beverage Corp.
Talking Rain
Keurig Dr Pepper Inc.
The Coca-Cola Company
Danone S.A.
SANPELLEGRINO S.P.A
Clear Cut Phocus
WakeWater Beverage Co.
"The quality of research they have done for us has been excellent..."