The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Largest Indie Player in Projected Billion-Dollar Water Market

Rhea-AI Summary

The Alkaline Water Company (NASDAQ: WTER) has announced a new broadcast discussing the rising M&A activity in the food and beverage sectors, focusing on functional water assets.

This comes amid a growing consumer trend towards enhanced water products, particularly as an alternative to sugary drinks, accelerated during the pandemic.

As the largest independent player in the alkaline water market, The Alkaline Water Company’s flagship product, Alkaline88, is poised to tap into the projected $1 billion market.

Positive

• The Alkaline Water Company is the largest independent player in the alkaline water market.
• The market for enhanced water is projected to reach $1 billion by next year.
• The company's flagship product, Alkaline88, is gaining recognition as part of a health-conscious lifestyle.

Negative

• None.

NEW YORK, May 28, 2021 (GLOBE NEWSWIRE) -- NetworkNewsAudio – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) announces the availability of a broadcast titled, “M&A Activity Picks Up in F&B Sectors, Including Functional Water Assets Space.”

To hear the AudioPressRelease, please visit: The NetworkNewsAudio News Podcast

To view the full editorial, please visit: https://nnw.fm/Gs1C2

The megatrend the water majors are now trying to capture is the increasing consumer health consciousness towards enhanced water as a replacement for sugary drinks. The trend accelerated with people on lockdown buying enhanced water for a slew of reasons, but the fact remains that many consumers have now incorporated value-added waters as part of their lifestyle.

The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) is the largest independent player in the alkaline water market that is expected to reach $1 billion by next year. As the name implies, the Scottsdale, Arizona-based company specializes in producing drinking water with trace minerals and electrolytes and a higher pH, specifically 8.8, than regular drinking water, which has a neutral pH of 7.

About The Alkaline Water Company

Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88 delivers perfect 8.8 pH-balanced alkaline drinking water with trace minerals and electrolytes and boasts its trademarked label: Clean Beverage. Quickly being recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in six unique all-natural flavors with new flavors coming soon. Additionally, in 2020, the company launched A88 Infused Beverage Division Inc., which includes the company’s CBD water and flavor-infused water. For the company’s topical and ingestible offerings, A88 Infused Products includes both the company’s lab-tested, full-spectrum hemp salves, balms, lotions, essential oils and bath salts, along with broad-spectrum hemp, powder packs, oil tinctures, capsules and gummies.

To learn more about the company, visit https://TheAlkalineWaterCo.com

NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://nnw.fm/WTER

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FAQ

What is the recent news about The Alkaline Water Company WTER?

The Alkaline Water Company announced a new broadcast regarding increasing M&A activity in the food and beverage sectors focused on functional water.

How is The Alkaline Water Company positioned in the alkaline water market?

The Alkaline Water Company is the largest independent player in the alkaline water market, with its flagship product, Alkaline88.

What market trend is impacting WTER stock?

There is a growing consumer trend towards enhanced water as a healthier alternative to sugary drinks, particularly after the pandemic.

What is the expected growth of the functional water market?

The functional water market is expected to reach $1 billion by next year, benefiting companies like The Alkaline Water Company.