Uploaded on Feb 23, 2022
Bottled water is considered 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.
Global U.S. Bottled Water Market Ready to Witness Growth Opportunities and Forecast 2019-2027.
Global U.S. Bottled Water Market Ready to Witness Growth Opportunities and Forecast 2019-2027. Market Overview: 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. For More Information, a Request sample copy of Business Report@https://www.coherentmarketinsights.com/insight/request-sample/3267. Market Dynamics: 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. The growing focus of manufacturers in launching the eco-friendly packaging solution of water is expected to augment the market growth over the forecast period. For instance, in July 2019, PepsiCo just 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 and is already recycled more often than other similar packaging types. 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, it promotes more usage of fossil fuels thus manufacturers are highly depended on fossil fuels for the production of bottles. This factor is expected to restrict the market growth of U.S. bottled over the forecast timeframe. 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 • Others • U.S. Bottled Water Market, By Distribution Channel: • Supermarkets • Grocery Stores • Convenience Stores • Others Major players operating in the U.S. bottled water market include Nestle Waters, PepsiCo, Inc., The Coca-Cola Company, Groupe Danone, Suntory Beverage & Food Ltd, Mountain Valley Spring Company, LLC, and CG Roxane, LLC. About Coherent Market Insights:- Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. Contact Us: Name: Mr. Shah Phone: US +12067016702 / UK +4402081334027 Email: [email protected] Visit Our Blogs:https://blog.coherentmarketinsights.com
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