What are the Largest Bottled Water Companies In The World? As the awareness has grown about the sodas and the carbonated drinks, bottled water has become the popular alternative. Many bottled water brands have managed to come up using this opportunity. A Beverage Marketing report stated that the sales of bottled water increased by 120% between 2000 and 2015. During this period, the consumption of sodas and carbonated drinks dropped by 16%. Gary A. Hemphill, COO of Beverage Marketing, is of the opinion that the sale and consumption of bottled water will surpass the consumption of carbonated beverages within four years. It is predicted that the global bottled water market will reach about $279.65 billion by 2020 as per Transparency Market Research.
Popular carbonated drinks companies are Now relying on their bottled water sector to manage the revenue of the declining beverage sale. PepsiCo’s beverage sales dropped by 2% while their bottled water sales increased by 5.5% in the first three-quarters of the year 2015. The sale of bottles mineral water is also on the rise as a majority of the population considers it to be healthy. It has the correct amounts of magnesium, silica, calcium, and potassium which are good for skin, blood cholesterol levels, and our bones. Having access to clean drinking water is a problem faced by almost all the nations. This is one of the main reason why the public is ready to purchase bottled water even as it costs them 2,000 more the money than tap water.
In 2015, 1.7 billion half-liter bottles were sold in the US. Despite this, the country does not top the list. China beat the US as the global top consumer of bottled water. India has one if the major bottled water markets across the world. In spite of its popularity, bottled water faces criticism as well. Reports state that it is not healthy as it has dissolved acids. While testing a few famous bottled brands, it was found that the TDS (total dissolved solids) was about 170 to 180 PPM. Read on to know more about the Largest Bottled Water Companies In The World which continue to survive and thrive in spite of the negative reports published by various sources.
Nestlé, Danone, and Bisleri International are some of the Largest Bottled Water Companies In The World. The bottled revenue for Nestlé was $7.08 billion while its total revenue was $235.7 billion in 2015. Check out the others!