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
|