STILL DRINKS MARKET ANALYSIS

Name: Still Drinks Market News
Creator: Coherent Market Insights
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Still Drinks Market, by Product type (Bottled Water, Juice, Ready to Drink Tea and Coffee, Energy and Sports Drinks, Functional Drinks) by Flavor (Mango, Orange, Mint, Chocolate, Lemon, and Others), and by Distribution Channel (Hypermarket, Supermarket, Convenience Stores, Specialty Stores, Online, and Others) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Still Drinks Market Key Developments:

In November 2018, Nestlé announced to invest US$ 77.20 million for growth of ‘Acqua Panna’ brand, Nestlé’s premium still water business. This investment is aimed at redesigning the production site at Scarperia e San Piero, improving the site’s efficiency, and promoting this brand around the world. This investment is expected to strengthen Nestlé’s position in still drinks market.
In June 2019, All Market Inc., introduced ‘Ever & Ever’, a new aluminum canned bottled water brand. Company claims that new aluminum containers are easily and infinitely recyclable when correctly disposed off. This was aimed at replacing single-use plastic bottles of water. This, in turn, provides consumers the opportunity to purchase single-use bottled water on-the-go, packaged in easy to recycle aluminum cans.
On 1^st October 2019, The Coca-cola Company announced to launch its first energy drink ‘Coca-Cola Energy’ in the U.S. market in 2020. The energy drink will be formulated with guarana extracts, caffeine and B-vitamins. Moreover, it will be available in different flavors such as cherry and will also be available in zero-sugar options.