Us Bottled Water Market Analysis

Bottled water is considered a consumer food product by the U.S. Food and Drug Administration (FDA). The FDA has set strict standard of identity (165.110[a]) 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, The Coca-Cola Company, a U.S.-based multinational beverage corporation, launched its new sparkling water line, AHA. AHA is available in eight flavors, out of which black cherry + coffee and citrus + green tea contains added caffeine. The product is available in the U.S. market since March 2020.

Market Dynamics

The growing focus of manufacturers’ on launching eco-friendly packaging solutions for water is expected to augment the market growth over the forecast period. For instance, in July 2019, PepsiCo, an American multinational food, snack, and beverage corporation, announced that it will start rolling out its popular Aquafina water in aluminum cans in 2020 subjected to rising concern about global, non-recyclable waste mounts. The move comes as the brand's biggest attempt to reduce single-use plastic containers, as aluminum is easier to recycle than many materials such as plastics.

Rising government regulations regarding recyclable packaging solutions and decreasing carbon footprint are projected to hinder the growth of the U.S. bottled water market. Moreover, the production of plastic bottles promotes usage of fossil fuels as raw material thus manufacturers are highly depended on fossil fuels. This factor is expected to restrict the growth of the U.S. bottled water market over the forecast timeframe.

Key features of the study:

• This report provides an in-depth analysis of the U.S. bottled water market, market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the U.S. bottled water market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include Nestle Waters, PepsiCo, Inc., The Coca-Cola Company, Groupe Danone, Suntory Beverage & Food Ltd, Mountain Valley Spring Company, LLC, and CG Roxane, LLC.
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• The U.S. bottled water market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. bottled water market

Detailed Segmentation:

• U.S. Bottled Water Market, By Capacity:
  • 3 Gallons
  • 5 Gallons
  • Others
• U.S. Bottled Water Market, By Material:
  • PET
  • HDPE
  • Others
• U.S. Bottled Water Market, By Cap Type:
  • Screw Cap
  • Snap-on Cap
  • Sports Cap
  • Snap Screw Cap
• U.S. Bottled Water Market, By Distribution Channel:
  • Supermarkets
  • Grocery Stores
  • Convenience Stores
  • Others (Food Service & Vending, etc.)
• Company Profiles
  • Nestle Waters
    • Company Overview
    • Product Portfolio
    • Key Strategies
    • Recent Developments
    • Future Plans
  • PepsiCo Inc.
  • The Coca Cola Company
  • Groupe Danone
  • Suntory Beverage & Food Ltd.
  • Mountain Valley Spring Company LLC
  • CG Roxane LLC

“*” marked represents similar segmentation in other categories in the respective section