STABLE PROJECTED DEMAND FOR BOTTLED WATER AND JUICE SALES

Bottled Water Production

2023

$9.02B

2029

$9.27B

  • 464 businesses in the US in 2022.
  • The average American consumed 46.5 gallons of bottled water in 2022.
  • 65% of Americans say that bottled water is their favorite nonalcoholic beverage.

Juice Production

2023

$14.0B

2029

$14.2B

  • 244 businesses in the US in 2022.
  • Orange juice and lemonade account for approximately two-thirds of segment sales
  • The segment is expected to see a move away from high-sugar juices to low-sugar alternatives.