People need it, people drink it, and now more and more people are thirsty enough to pay for it.
Bottled water sales volume grew at a rate of 7 percent in the U.S. last year to put it on pace to outsell soda by 2017, according to forecasts from Beverage Marketing, first reported by the Wall Street Journal.
That's not necessarily all bad news for Coca-Cola and Pepsi, who offer their own bottled water brands Dasani and Aquafina, though it's not an ideal trend. The wholesale gallon price of water fell 25 percent over the last decade compared to a 33 percent rise in soda prices, the Journal reported citing data from Beverage Marketing. Still, more brands continue to pour into a market to sell a product most people can get for free.