Fonterra has launched a new satiety water across the Tasman. Made with milk protein, it is a first for the market, writes Desi Corbett.
The non-alcoholic beverages sector is primarily made up of soft drink manufacturing, which, at 56.8% of the total industry revenue, is worth $3,314 million. This is followed by juice, accounting for 32.7% and bottled water, at $460.6 million, or 10.5%.
The three Fs behind the growth of the bottled water industry - Fashion, Flavour and Function - are revealed by business information analysts IBISWorld.
Discover why bottled water is one of the fastest growing sectors within Australia’s beverage industry.