The global soda water dispenser products market was valued at US$ 4.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% from 2021 to 2028. Growing demand for carbonated beverages and increasing awareness about the benefits of drinking soda water are the major factors driving the market growth. Rising health consciousness among consumers has propelled the demand for healthy carbonated drinks. Furthermore, the increasing number of soda water dispensers in restaurants and other commercial establishments is expected to drive the market.

The rising demand for convenience and efficient storage of carbonated drinks are expected to propel the demand for soda water dispensers. In addition, the availability of a wide variety of dispensers with advanced features such as energy-saving, modern-style, and digital display systems is driving the growth of the market. Furthermore, the introduction of new flavors, such as ginger, cranberry, and cherry, has also led to an increase in the demand for soda water dispensers.

The demand for eco-friendly, affordable, and easy-to-use dispensers is increasing, leading to the development of new models. For instance, in April 2021, SodaStream launched a new line of eco-friendly, energy-efficient, and affordable soda water dispensers. This product line is designed to save energy and reduce carbon dioxide emissions by eliminating the need for single-use plastic bottles. Furthermore, the increasing preference for automated and smart dispensers is expected to drive the market growth. For instance, in April 2021, PicoBrew launched the PicoFizz Soda Maker, which is a smart soda water dispenser that can be controlled through an app.

The increasing competition among market players has led to the launch of innovative products to capture a larger share of the market. For instance, in October 2021, Whirlpool Corporation launched a new range of soda water dispensers, which can be connected to Wi-Fi for remote access and control. Furthermore, the increasing demand for soda water dispensers in the hospitality sector is driving the market growth. Hotels and restaurants are increasingly opting for soda water dispensers as they provide a range of soda water flavors with convenience and cost-effectiveness.

The soda water dispenser segment held a share of more than 31.0% in 2022. Growing demand for soda water dispensers in commercial and residential applications is expected to drive the market growth. According to an article published by Business Wire, in October 2020, global soda water dispenser sales are expected to reach $10.15 billion by 2027 due to the increasing demand for energy-efficient and eco-friendly dispensers. Furthermore, the increasing popularity of soda water dispensers in the food and beverage industry is another factor driving the market growth.

The bottled soda water segment is anticipated to expand at the fastest CAGR of 5.4% during the forecast period. Availability of bottled soda water in different flavors and convenience of use are some of the key factors driving the growth of the market. According to an article published by FoodBev, in August 2020, the global bottled soda water market is expected to reach $84.4 billion by 2024 due to the increasing demand for flavored and functional bottled soda water. In addition, the easy availability of bottled soda water through distribution channels such as supermarkets, convenience stores, and online stores is driving the market revenue.

The supermarkets and hypermarkets segment held a significant market share of over 47.4% in 2022. The growth of this segment is mainly driven by the presence of a wide range of soda water products in these establishments. Moreover, supermarkets and hypermarkets also offer discounts on various products, which is attracting consumers to purchase from these outlets. Furthermore, the trend of online grocery shopping, especially in developing countries, is also driving the growth of this segment.

The online segment is anticipated to expand at the highest CAGR of 16.3% over the forecast period. The rising penetration of the internet and the growing popularity of online shopping portals are driving the growth of this segment. Furthermore, online stores such as Amazon, Flipkart, and eBay offer a wide range of soda water dispensers at discounted prices, which is further driving the growth of this segment. In addition, the increasing trend of subscription-based shopping is also contributing to the growth of this segment.

The countertop segment accounted for the largest revenue share of 78.2% in the year 2022. The growing demand for countertop soda water dispensers from foodservice establishments is a major driver of the countertop segment. Additionally, the growing trend of convenience and portability has propelled the demand for smaller-sized countertop machines among commercial customers. Also, the growing popularity of countertop soda water dispensers among home consumers is also a major factor driving the segment.

The freestanding segment is anticipated to expand at the highest CAGR of 10.4% over the forecast period. The increasing demand for freestanding soda water dispensers from large and mid-sized foodservice establishments is a key driver of the segment. Furthermore, the increasing adoption of advanced freestanding models among foodservice establishments is propelling the market growth. For instance, in May 2022, SODA-CLUB, a brand of SodaStream, launched a new freestanding soda water dispenser, which features a carbonating system, an ice bank, and an adjustable dispensing nozzle.

Europe is expected to witness the highest growth in the coming years, driven by the presence of a large number of leading players in the region. For instance, in February 2021, SodaStream International, a leading manufacturer of soda water dispensers, opened a new production facility in the Netherlands. The facility is expected to increase the production of the company’s products and also enable it to tap into the growing demand from European countries.

The Asia Pacific region is also expected to witness substantial growth in the coming years, driven by the increasing demand for soda water dispensers in countries such as India, China, and Indonesia. Rising disposable income and the increasing number of health-conscious consumers are driving the market in the region. For instance, in October 2021, Indian-based company, Bisleri International, launched a range of soda water dispensers in the country.

In this part of the soda water dispenser products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a soda water dispenser products business comes from the sale of dispensers, syrups and concentrates, CO2 refills, and other related products. Here you will find a list with a description of each of them and other possible sources of profit such as rentals, repairs and maintenance services.

Projecting Expenses
In this section, all the regular expenses related to keeping the soda water dispenser business running will be described. The list of operating expenses includes wages, maintenance and repairs, utilities, insurance policies, advertising, and others. Additionally, you should consider the cost of purchasing new stock and any additional expenses related to the storage and distribution of products.

Some of the key companies operating in the soda water dispenser market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In July 2022, Coca-Cola launched the Freestyle fountain dispenser, with more than 100 beverage combinations.

– In August 2022, PepsiCo launched the Ultra fountain dispenser with a library of over 150 drink choices.

– In September 2022, Nestle launched the AquaFizz, a tabletop soda maker that can create more than 100 different flavoured sparkling drinks.

Some of the prominent players in the soda water dispenser market include:

– Coca-Cola Company
– PepsiCo, Inc.
– Nestle S.A.
– Dr. Pepper Snapple Group
– Keurig Dr Pepper
– SodaStream International Ltd.
– Sodastream USA
– Swire Coca-Cola USA
– PepsiAmericas
– Hansen Natural Corporation

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global soda water dispenser products market based on product, distribution channel, and region:

1. Product Outlook (Revenue, USD Million, 2017 – 2030)

– Countertop dispensers
– Tabletop dispensers
– Freestanding dispensers

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Online
– Offline

3. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

[Q]: What are the Market Opportunities for Soda Water Dispensers?
[A]: The global soda water dispenser market is expected to witness considerable growth due to rising demand for convenience, cost-effectiveness, and convenience in the consumption of cold beverages. The soda water dispensers are available in a variety of shapes and sizes and offer a wide range of customization options. This is expected to further drive the market growth. Moreover, the introduction of new products with added features such as flavorings and carbonation is expected to create lucrative opportunities for the market.

[Q]: Who are the Key Players in the Soda Water Dispenser Market?
[A]: The key players in the global soda water dispenser market are Coca-Cola, PepsiCo, Keurig Dr Pepper Inc., Brita, Nestlé Waters, and Avanti Products.

[Q]: What are the Major Growth Drivers of the Soda Water Dispenser Market?
[A]: The major drivers for the soda water dispenser market are the increasing demand for convenience and the growing preference for customized drinks. The rising demand for healthier beverage options and the growing trend of home and office beverage dispensers are also expected to propel the market growth.

[Q]: What are the Potential Challenges in the Soda Water Dispenser Market?
[A]: The potential challenges in the global soda water dispenser market are the increasing price of raw materials and technological advancements. The high cost of installation and maintenance of these systems is also expected to pose a challenge for the market players. Furthermore, the changing consumer preferences and the availability of substitutes are also expected to hamper the market growth.