Updated Feb 14, 2023 06:58

Market for Non-Mineral or Non-Aerated Water in the United States

Market Overview
The U.S. non-mineral or non-aerated water market rose rapidly to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded resilient growth. Non-mineral or non-aerated water consumption peaked at $ in ; afterwards, it flattened through to .

In value terms, non-mineral or non-aerated water production expanded sharply to $ in . Overall, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2009 when the production volume increased by % against the previous year. Non-mineral or non-aerated water production peaked at $ in ; however, from to , production failed to regain momentum.


Consumption
In , approx. litres of non-mineral or non-aerated waters were consumed in the United States; remaining constant against the previous year's figure. Overall, consumption saw a resilient increase. Over the period under review, consumption hit record highs at litres in 2019; however, from to , consumption stood at a somewhat lower figure.

The size of the non-mineral or non-aerated water market in the United States expanded significantly to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded resilient growth. Non-mineral or non-aerated water consumption peaked at $ in ; afterwards, it flattened through to .


Market Forecast
Driven by increasing demand for non-mineral or non-aerated waters in the United States, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to litres by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . The United States domestic supply is expected to continue its growth.


Trade Balance
The United States remains a net importer of non-mineral or non-aerated water; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of litres, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.