North America Premium Bottled Water Market Size & Outlook
North America premium bottled water market, 2017-2030 (US$M)
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North America premium bottled water market highlights
- The North America premium bottled water market generated a revenue of USD 6,469.5 million in 2022.
- The market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, mineral water was the largest revenue generating product in 2022.
- Sparkling Water is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 6,469.5 million |
| Market revenue in 2030 | USD 11,525.9 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Mineral water |
| Fastest growing segment | Sparkling Water |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Spring Water, Sparkling Water, Mineral Water |
| Key market players worldwide | Bling H2O, ROI Water, Beverly Hills International, Veen, Berg Company |
Other key industry trends
- In terms of revenue, North America region accounted for 33.3% of the global premium bottled water market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,466.6 million by 2030.
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Premium Bottled Water Market Scope
Premium Bottled Water Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America premium bottled water market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to premium bottled water market will help companies and investors design strategic landscapes.
Mineral water was the largest segment with a revenue share of 42.04% in 2022. Horizon Databook has segmented the North America premium bottled water market based on spring water, sparkling water, mineral water covering the revenue growth of each sub-segment from 2017 to 2030.
The growing preference for premium bottled water over other beverages including coffee, tea, and soft drinks in the region is attributed to several factors such as supposed naturalness, apparent better taste than tap water, added minerals content, and impurity-free product of bottled water, which is expected to drive the demand for premium bottled water over the forecast period.
Water shortage and purity are two key issues that are surfacing in North America. As a result, the vast majority of consumers prefer bottled water over tap water. The rising health consciousness of Americans has shifted the consumer preference for spring premium bottled water.
Brands promoting and marketing their spring water bottles as flavored products with naturally occurring minerals and premium water is expected to increase the product demand for spring water as well as mineral water in the forecasted period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America premium bottled water market , including forecasts for subscribers. This continent databook contains high-level insights into North America premium bottled water market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America premium bottled water market size, by country, 2017-2030 (US$M)
North America Premium Bottled Water Market Outlook Share, 2022 & 2030 (US$M)
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