Increasing consumer health consciousness is a major driver of bottled water sales in the United States. The demand for clean and hygienic bottled water in the United States is being fueled by an increase in cases of various health problems, including gastrointestinal illnesses, neurological disorders, and reproductive issues brought on by drinking contaminated water. Packaged water also protects it from bacterial contamination of various kinds. Thus, growing knowledge of the health advantages of bottled water is anticipated to fuel market expansion in the United States.
In 2021, the U.S. market for Bottled Water was estimated to be worth about 22,175.71 million dollars.
Market Players in the U.S. Bottled Water Industry
1) Nestle Waters: Nestle, which has been around for more than 150 years, is the largest food and beverage producer in the world based on sales, bringing in more than CHF 90 billion annually. Headquarters are in France's Issy-les-Moulineaux. Created in 1992.
2) PepsiCo, Inc.: With well-known household brands including Mountain Dew, Pepsi, Gatorade, Cheetos, Lay's, and Doritos among others, PepsiCo is a global leader in snacks and beverages. Established in 1965. Purchase, Harrison, New York, USA, is where the headquarters are. Around $44.50 billion has been spent by the corporation on acquisitions. PepsiCo has made investments in a variety of industries, including technology and nutraceuticals.
3) The Coca-Cola Company: Coca-Cola, which has its headquarters in Atlanta and was founded in 1886, is the largest non - alcoholic beverage corporation in the world.Significant Purchases by The Coca-Cola Company include the purchase of Vitaminwater in 2002 for $ 4.10 billion and the 1997 acquisition of Costa for $5.08 billion in Houghton Regis.
4) Groupe Danone: After acquiring WhiteWave, Danone reorganised the company into three major divisions: specialised nutrition; bottled water; and key dairy and plant-based goods, which account for little over half of group revenue. Barcelona, Spain, was established in 1919. Headquartered in France, in Paris.
5) Suntory Beverage & Food Ltd: The main product line of Suntory Beverage & Food Ltd. is nonalcoholic beverages. Makiko Ono, the new CEO of Suntory Beverage and Food, is looking for purchase prospects abroad, possibly in the area of healthy beverages. established in 1899 as a family-run firm in Osaka, Japan.
6) Mountain Valley Spring Company: Company that supplies mineral water. The business provides sodium-free, naturally ionised drinking water with a distinctive mineral combination to consumers who are health-conscious in glass and PET bottles. Built in 1871. The corporate office was relocated to Paramus, New Jersey.
*Definition: Bottled water is defined as water that is sealed in food grade bottles and intended for human consumption.
