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U.S. Bottled Water Market competitive landscape, and segment forecasts 2019-2027

12-28-2020 07:37 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent market insights

U.S. Bottled Water Market

U.S. Bottled Water Market

Bottled water is considered as a consumer food product by U.S. Food and Drug Administration (FDA). The FDA has set strict standards of identity for bottled water. The FDA categorizes bottled water into spring water, purified water, mineral water, sparkling water, artesian water, and well water. Companies are focusing on new product launches in order to strengthen their market presence. For instance, in November 2019, Coca-Cola launched its new sparkling water line, AHA. AHA will be available in eight flavors, out of which black cherry + coffee and citrus + green tea will contain added caffeine. The product will be available in U.S. market from March 2020.

Bottled water is a packaged drinking water especially packed in plastic or glass water bottles and are available in different sizes from small to large. It is also available in the carbonated form that contains dissolved carbon dioxide gas. Bottled water is the most convenient way to use since it is handy and enables the consumer to carry them easily and are suitable for on-the-go usage. They are available in retail and departmental stores. They are gaining huge demand across the working class and Millennia’s populations.

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Rising focus of the manufacturers in the capacity expansion and enhancement is expected to fuel the market growth of U.S bottled water. For instance, in October 2016, Nestle Waters North America is planning to significantly increase the amount of Michigan groundwater it pumps from under the state in conjunction with a 36 million dollar expansion of its Ice Mountain bottling plant. The company has asked the Michigan Department of Environmental Quality (DEQ) for permission to increase allowed pumping from 150 to 400 gallons-per-minute at one of its production wells north of Evart.

Detailed Segmentation:

U.S. Bottled Water Market, By Capacity:
3 Gallons
5 Gallons
Others

U.S. Bottled Water Market, By Material:
PET
HDPE
Others

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Players active in the market are Nestle Waters, PepsiCo, Inc., The Coca-Cola Company, Groupe Danone, Suntory Beverage & Food Ltd, Mountain Valley Spring Company, LLC, and CG Roxane, LLC

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Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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