Sparkling Juices Market Size, Share, Growth, and Industry Analysis, By Type (Sparkling Juice Drinks, 100% Sparkling Juice), By Application (Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others), Regional Insights and Forecast To 2032

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Sparkling Juices Market Report Overview

global sparkling juices market size was USD 0.09 billion in 2023 and market is projected to touch USD 0.18 billion by 2032 at CAGR 8.4% during the forecast period. 

Sparkling juices are non-alcoholic beverages that are carbonated, giving them a fizzy or effervescent quality. They are typically made by combining fruit juice or fruit concentrate with carbonated water, resulting in a refreshing and bubbly drink. Sparkling juices are popular as a healthier alternative to sugary carbonated drinks or alcoholic beverages. They often contain a higher percentage of fruit juice, providing natural flavors and a touch of sweetness. Some sparkling juices are also fortified with vitamins or minerals, offering additional nutritional benefits.

These beverages come in a variety of flavors, including classics like apple, grape, and orange, as well as more unique blends such as mango, pomegranate, and mixed berries. They can be enjoyed on their own as a refreshing drink or used as mixers in cocktails or mocktails. Sparkling juices are commonly found in supermarkets, grocery stores, and beverage sections of retail outlets. They are available in various packaging options, including bottles, cans, and single-serve containers.

COVID-19 Impact: Market to witness plunge in demand because of supply chain

The global COVID-19 pandemic has been unprecedented and staggering, with the Sparkling Juices Market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

The global pandemic disrupted supply chains, including the production and distribution of sparkling juices. Restrictions on manufacturing, transportation, and international trade impacted the availability of raw materials, packaging, and finished products, leading to supply shortages in some regions. With the closure of restaurants, cafes, and bars, there was a shift in consumer behavior towards at-home consumption. People stocked up on essential items, including sparkling juices, to enjoy at home during lockdowns and social distancing measures.

Latest Trends

"Health and wellness focus to fuel market growth."

Consumers are increasingly seeking healthier beverage options, and this trend has extended to the sparkling juices market. There is a growing demand for sparkling juices made with natural ingredients, low or no added sugars, and organic or non-GMO certifications. Manufacturers are responding by offering healthier formulations and highlighting the health benefits of their products.

Sparkling Juices Market Segmentation

• By Type

According to type, the market can be segmented into Sparkling Juice Drinks, 100% Sparkling Juice

• By Application

Based on application, the market can be divided into, Supermarkets and Hypermarkets, Convenience Stores, Online Stores, Others

Driving Factors

"Unique and Exotic Flavors of Juices to Stimulate Market Demand"

Consumers are becoming more adventurous in their taste preferences and are looking for unique and exotic flavors in their beverages. Sparkling juices are no exception, and there has been a rise in the availability of sparkling juices with flavors like elderflower, hibiscus, ginger, mint, and various tropical fruits. These innovative flavors cater to consumers' desire for new and exciting taste experiences. The sparkling juices market has seen a rise in premiumization, with the introduction of higher-quality and artisanal products. Craft sparkling juices, often made with locally sourced or premium fruit varieties, are gaining popularity. These offerings position sparkling juices as a sophisticated and upscale choice for special occasions or as a non-alcoholic alternative for celebrations. These factors are driving the Sparkling Juices market growth rapidly.

"Sustainability and eco-friendly packaging to propel market growth"

Consumers are increasingly concerned about the environmental impact of packaging. In response, there is a growing trend towards sustainable and eco-friendly packaging in the sparkling juices market. Manufacturers are using recyclable materials, reducing plastic use, and exploring innovative packaging solutions to meet the demand for more sustainable options.

Restraining Factors

"Seasonal demands of juices to restrict the market growth"

The demand for sparkling juices can be influenced by seasonal factors. These beverages are often associated with celebratory occasions, such as parties, holidays, and special events. Consequently, sales may be more robust during certain times of the year, while experiencing slower demand during other periods. This seasonality can impact overall market growth and revenue stability.

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Sparkling Juices Market Regional Insights

"Increasing demand in North America has boosted Sparkling Juices Market share"

North America has a well-established market for sparkling juices, driven by consumer demand for healthier beverage options. In the United States, the market is influenced by a growing preference for natural and organic products, as well as the trend towards reduced sugar consumption. There is a wide range of flavors and varieties available, including both local and international brands. The market also experiences competition from carbonated soft drinks and other non-alcoholic beverages. These factors are increasing the Sparkling Juices market share in the region.

Key Industry Players

"Adoption of Innovative Strategies by Key Players Influencing Market Development"

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

LIST OF TOP SPARKLING JUICES COMPANIES

• Knudsen & Sons
• Martinelli & Company
• Mayador
• Welch’s
• Kristian Regale
• Envasados Eva S.A.

Report Coverage

This report examines an understanding of the Sparkling Juices market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.