11.08.21
More Water USA, a bottled water manufacturing company, recently launched its Hemp Water line of premium bottled water in 14 major airport hubs in the U.S., with optimism about the growth of the CBD-infused beverages category in the years ahead.
The company has acted as a CBD-infused products distributor since 2019, and has recently expanded its product line to include Oxygenated functional water, and premium hemp-infused, sugar-free water. Citing market research from Facts & Factors, More Water USA reports that the global CBD-infused beverages market, which was valued at approximately $3.4 billion in 2020, is expected to grow to over $14.6 billion by the end of 2026, with a CAGR of approximately 27.5% between 2021 and 2026.
More Water USA reports that the product rollout will further enable the company to gain more brand recognition and meet demand for premium and functional beverages. “We’re continuing to see a shift towards healthier beverages and our More premium hemp-infused flavored water line of products is perfectly aligned with this fast-moving trajectory.”
“More Hemp-flavored water is a terrific brand and we are excited to venture into all 14 national airport hubs to mark the unveiling of our most flavorful Hemp water brand to the general public. We expect this launch to provide our company with the ability to capitalize on the exponential growth in the premium functional beverage category, both in the U.S. and international markets, alongside our flagship Oxygenated Natural Spring Water products.”
The company has acted as a CBD-infused products distributor since 2019, and has recently expanded its product line to include Oxygenated functional water, and premium hemp-infused, sugar-free water. Citing market research from Facts & Factors, More Water USA reports that the global CBD-infused beverages market, which was valued at approximately $3.4 billion in 2020, is expected to grow to over $14.6 billion by the end of 2026, with a CAGR of approximately 27.5% between 2021 and 2026.
More Water USA reports that the product rollout will further enable the company to gain more brand recognition and meet demand for premium and functional beverages. “We’re continuing to see a shift towards healthier beverages and our More premium hemp-infused flavored water line of products is perfectly aligned with this fast-moving trajectory.”
“More Hemp-flavored water is a terrific brand and we are excited to venture into all 14 national airport hubs to mark the unveiling of our most flavorful Hemp water brand to the general public. We expect this launch to provide our company with the ability to capitalize on the exponential growth in the premium functional beverage category, both in the U.S. and international markets, alongside our flagship Oxygenated Natural Spring Water products.”
