Business
Flavored Water Market Size Exceeds 13 Billion
Flavored Water Market Size Exceeds 13 Billion.
About this update from Golden Grail Technology Corp
[{"type":"text","content":"\n\n\n\nFlavored Water Market Size Exceeds 13 Billion\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nFlavored Water Market Size Exceeds 13 Billion\nPR Newswire\nWESTON, Fla., Dec. 9, 2021\n\n\n\nWESTON, Fla., Dec. 9, 2021 /PRNewswire/ -- Golden Grail Tech (OTC: GOGY)  – A report from Grand View Research said that the global flavored water market size was valued at USD 13.50 billion in 2020 and is expected to witness a compound annual growth rate (CAGR) of 10.3% from 2021 to 2028.  The report said: \"Consumers, especially millennials and Gen Z are spending more on flavored water.\"\n\n \n \n \n \n \n \n\n \nGolden Grail has entered into the growing category of fruit-essence water with Trevi.The market witnessed rapid growth during the COVID-19 pandemic due to the increased focus on health concerns, which augmented the demand for flavored hydration products. Natural flavor waters are gaining traction due to their health benefits and refreshing tastes.\n\"Fruit-Infused water is gaining widespread recognition as a more healthy and delicious way of staying hydrated. Now, Golden Grail has a superior option in that space, with a true clean-label, proprietary formulas and a state-of-the-art manufacturing process. We are getting frequent emails from consumers who love Trevi, over HINT. We will be testing additional flavors, introducing strategic partnerships, including a non-for-profit mission, e-commerce with a subscription platform, offering a better tasting product and very focused on gaining untapped market share. We are extremely excited about the growth potential of Trevi in this booming category.\" said Steven Hoffman, CEO, Golden Grail.\n\"Golden Grail has entered into the growing category of fruit-essence water with Trevi. Our marketing strategy will be 'healthy hydration options should be available to everyone', of all economic points and to a diversity of race and gender. Golden Grail evaluated where most fruit-infused brands are being marketed and found them targeting mostly an educated, affluent demographic. Trevi will be executing sales an...