FLAVORED AND FUNCTIONAL WATER MARKET ANALYSIS

Market News

Global Flavored and Functional Water Market– Recent Developments

• In May 2021 - PepsiCo Inc., a leading international food and beverage company, introduced Soulboost, an improved sparkling water packed with useful components. The drink comes in two different flavors: Lift and Ease. Lift has 200 mg of ginseng to support mental endurance, while Ease has 200 mg of theanine to promote relaxation.
• In March 2021 – F&B Giant Nestlé S.A., announced it has acquired Washington-based Essentia Water, a premium functional water brand. The business is enhancing its portfolio to put more of an emphasis on luxury and mineral water brands from across the world as well as goods that help people stay hydrated healthily, such as functional water.
• In October 2022, According to the company, CENTR Brands Corporation has expanded its line of health and wellness products with the addition of CENTR Enhanced, a non-CBD functional sparkling water.
• In July 2022, three new organic flavors—Cherry, Citrus, and Elderberry—have been added to the Flow Vitamin-Infused Water line of products as part of Flow Beverage Corp. s most recent product introduction.
• In March 2022, Nirvana Water Sciences Corp. presented its Nirvana HMB + Vitamin D3 spring water at Expo West in Anaheim, California. One of the newest items in the lineup is Nirvana HMB + Vitamin D3. It combines immunological support with muscle repair.
• The Coca-Cola Company joined hands with the South African company Gutsche Family Investments Pty Ltd. and alcoholic beverage manufacturer SABMiller to form Coca-Cola Beverages Africa, the biggest soft drink bottler in the area.
• In February 2020, BLNCD Naturals, the top CBD health and wellness company in Minnesota, collaborated with Big Watt Coffee to launch three enticing flavors of CBD sparkling water, breaking into the beverage market.