Bottled H20: The Good, The Bad & The Ugly

It’s currently the best-selling beverage in the country—and with global consumption rising—bottled water is averaging a growth rate of 6% per year since 2008 with sales expected to reach about 233 billion liters this year, overtaking soda by about 1.3%, according to market research group Canadean.

Pepsi’s (PEP) Aquafina and Coke’s (KO) Dasani are the leading the pack, making up 24% of the bottled water industry in the United States.

“People are shifting away from caloric and artificial drinks like soda. They know it’s not good for them and they’re going towards water instead,” says Ralph McRae, CEO of Leading Brands Inc.(LBIX), a North American healthy beverage company and Maker of HappyWater.

But if you’re spotted drinking from one—you may get some glares.The plastic water bottle industry has been a lightning rod because not enough consumers are recycling. San Francisco even made moves when they banned the sale of them last year.

The average American consumed 167 disposable water bottles last year, but only recycled 38 of them, according to an anti-plastic bottle campaign Ban the Bottle. This means that 38 billion water bottles–more than $1 billion worth of plastic – were wasted last year.

Bottled H20: The Good, The Bad & The Ugly | Fox Business.

About Sin City Examiner

Rocktographer(Live Music Photographer), Motorsports & Beach Sports Photographer, based in Las Vegas & the Beach Cities in California; Website Developer, Food & Drink Photographer, Enthusiast and Critic with No-Sugar-Coating Reviews, Sports Handicapper, etc. No longer on Facebook, due to being discriminated against for using Fake Names, unlike the 'Drag Queens' of the GLBT Community that are allowed to do so. I urge everyone that reads this to leave Facebook for easier use at ( ) & ( )

Posted on July 1, 2015, in Uncategorized and tagged , , , . Bookmark the permalink. Leave a comment.

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