According to the latest market research conducted by the CMI Market Research Team, the global Sparkling Drinks market is predicted to experience a Compound Annual Growth Rate (CAGR) of 12.6% from 2023 to 2032. The market size is projected to reach USD 42.41 billion in 2022 and is anticipated to increase to USD 123.41 billion by 2032 (Source).
As the year draws to a close and the festive season unfolds, there is a discernible uptick in the demand for the consumption of sparkling drink. This period, characterized by celebrations and gatherings, sees an increasing preference for the enthusiasm and refreshing qualities of carbonated beverages, specifically sparkling water.
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