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47% Increase in New Bottled Water Launches in 2005

 

FineWaters has seen in the past year an increaser in interest by individuals and companies to develop new bottled waters brands and introduce new products. Additionally, there is a flurry of activities from international brands to enter the US market. The trend we have seen is confirmed by the numbers released by Productscan Online.

Although fruit flavored drinks remain the top category with 479 new drinks launches for the April-June 2005 period, they appear to be falling out of favor with manufacturers. There were a quarter fewer products released under this category in the period, compared to the same timeframe last year.

In contrast, bottled water has experienced a growth in popularity, with 209 new launches in this category in the period. This shows that the fashion for bottled water is gaining momentum.

New Drinks Launches, April – June 2005 (SKUs)

2004 2005 % Change
Bottled water 142 209 + 47 %
Fruit & Fruit Flavored drinks 639 479 - 25 %
Isotonic, Energy Producing Beverages 144 168 + 17 %
Tea 407 453 + 11 %
Milk, Non-Diary Milk, Yogurt Drinks 277 270 - 3 %
Coffee 273 267 - 2 %
Beverage Mixes & Flavorings 273 267 - 2 %

Source: Productscan Online

 
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