Big bet by Nestle on sparkling water

• Nestle (OTCPK:NSRGY,OTCPK:NSRGF) is rolling out new sparkling water products in the U.S. as it looks to grab market share in the lucrative category.
• The Swiss company has plans for seven new production lines to boost capacity significantly and will invest $200M on the initiative.
• The water business account for about 8% of Nestle's total sales.
• Competitors in sparkling water include Coca-Cola, PepsiCo, Singha, San Pellegrino, SodaStream, and Perrier.