Current:Home > MarketsTakeaways on fine water, a growing trend for the privileged in a world that’s increasingly thirsty -Thrive Capital Insights
Takeaways on fine water, a growing trend for the privileged in a world that’s increasingly thirsty
View
Date:2025-04-18 19:56:39
SAMTSE, Bhutan (AP) — Millions of people worldwide don’t have clean water to drink, even though the United Nations deemed water a basic human right more than a decade ago. Yet, even as extreme heat dries up more aquifers and wells and leaves more people thirsty, luxury water has become fashionable among the world’s privileged, who uncap and taste it like fine wine.
Fine water is drawn from volcanic rock in Hawaii, from icebergs that have fallen from melting glaciers in Norway, or from droplets of morning mist in Tasmania. The rarest of all, often bottled in collectable glass, sell for hundreds of dollars apiece.
Associated Press teams reported on the trend from India, Bhutan and Greece.
A GROWING MOVEMENT
The fine water scene was on full display when members of the Fine Water Society gathered in April at a swanky hotel in Athens, Greece, for their annual international tasting competition and symposium.
They discuss “virginality,” or purity. They learn about “terroir,” the environment in which water originates. They compare the total dissolved solids, or TDS.
Waters with low TDS are more like rainwater that hasn’t touched the earth. Those with high TDS — such as Vichy mineral water from thermal springs in France and Catalan — have robust mineral content that may include calcium, magnesium, potassium or sodium, among others.
A few restaurants in countries such as Spain and the United States now have menus that pair food with particular types of fine water. A bolder mineral water, for instance, might be suggested as a companion for a charbroiled steak. More subtle rainwater might be paired with fish.
FINE WATER COMES TO INDIA
Ganesh Iyer, an Indian businessman who’s worked in the beverage industry for years, saw this trend coming. People were interested in non-alcoholic alternatives. So he studied to become what is known as a water sommelier.
He’s now managing partner of Veen Waters India, a company that bottles natural mineral water in the Himalayan kingdom of Bhutan and trucks it into India. Served in sleek glass bottles, Veen is primarily served in luxury hotels and restaurants. It costs $6 a bottle, roughly a day’s wage for an Indian laborer.
Veen’s business slowed to a trickle during the pandemic, Iyer says. But now the company is exporting about 20,000 cases — or 240,000 bottles — of the water into India each month. He figures they’ve tapped only about 10% of the potential market so far.
HAVES AND HAVE-NOTS
The story of water is very different for many in India, which the World Bank says is one of the most water-stressed countries in the world.
The south Asian nation, now the most populous in the world, is among many countries that have built huge plants to desalinate sea water. Other countries, including Singapore, are collecting and cleaning up storm and wastewater to try to solve their water woes.
But solutions like those are in their infancy in many places, if they exist at all.
That means the commodification of water, and those who profit from it, are likely to become more contentious. Fine water is certainly a commodity too, though its connoisseurs and those who bottle often speak of the importance of respecting and conserving an increasingly precious resource.
“I think what we do is we raise the awareness of water — and if you cherish something, you’re more likely to protect it,” says Michael Mascha, co-founder of the Fine Water Society.
veryGood! (48229)
Related
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- Here’s How You Can Stay at Ashton Kutcher and Mila Kunis' Beach House
- Cole Sprouse Details Death Threats, Nasty, Honestly Criminal Stuff He's Received Amid Riverdale
- What does a panic attack feel like? And how to make it stop quickly.
- Southern California rocked by series of earthquakes: Is a bigger one brewing?
- 'Barbie' takes another blow with ban in Algeria 1 month after release
- A former fundraiser for Rep. George Santos has been charged with wire fraud and identity theft
- Everything Jennifer Aniston and Brad Pitt Have Said About Each Other Since Their 2005 Breakup
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- 2 years since Taliban retook Afghanistan, its secluded supreme leader rules from the shadows
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Bolt was missing on police helicopter that crashed in South Carolina, report says
- Pig kidney works in a donated body for over a month, a step toward animal-human transplants
- Kendall Jenner Shares Insight Into Her Dating Philosophy Amid Bad Bunny Romance
- US Open player compensation rises to a record $65 million, with singles champs getting $3.6 million
- Ellen DeGeneres and Portia de Rossi's Life-Altering Love Story
- Judge Scott McAfee, assigned to preside over Trump's case in Georgia, will face a trial like no other
- Jerry Moss, co-founder of A&M Records and Rock Hall of Fame member, dies at 88
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Israel may uproot ancient Christian mosaic. Where it could go next is sparking an outcry.
8 North Dakota newspapers cease with family business’s closure
Tennessee hostage situation ends with brothers killed, 4 officers and victim wounded
Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
NASA moving toward Artemis II liftoff, but program's future remains uncertain
New details emerge in lethal mushroom mystery gripping Australia
Illnois will provide burial for migrant toddler who died on bus