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Bottled Water, Soda Provide the Pop in US

from Bloomberg

Americans are drinking more bottled water, and that's helping boost the liquid beverage refreshment industry. Single-serve water added about $900 million in value last year, reaching $24.1 billion in sales, while an increase in soda prices helped lift category revenue to $81.6 billion, accounting for more than half of the $135.7 billion in total beverage sales by dollar amount, according to Beverage-Digest. Even so, more consumers are cutting back on sugary carbonated soft drinks, with volumes declining for 13 consecutive years. more

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