Oct 14, 2026 · 44 min · 16 segments
In this episode of The Orita Podcast, Aaron Schwartz sits down with Paul Voge, Co-Founder & Former CEO at Aura Bora. Paul started Aura Bora because he drank 10 to 12 cans of sparkling water a day and…
What was the market for sparkling water like then? Obviously, it's like exploded.
Today, I can say sparkling water is a really challenging category for a lot of reasons.
But maybe the one that's most notable to consumers, if I even just say it right now, is there's very few categories where you can name several $100 million revenue competitors.
So Sparkling Water, I can name 15 brands in the United States that all generate more than $100 million of sales.
The bad news is every conglomerate is in there fighting for shelf space and willing to pay a lot more than the small guys.
So- Nestle, Dr. Pepper, Keurig, Coke, Pepsi, all of them have their own sparkling water brands, if not several, and then throw in LaCroix, Spindrift, other huge upstarts relative to the conglomerates.
The U.S., until recently, still drank less sparkling water on a per capita basis than Western Europe.
In particular, in our country, we like our favorite sparkling water more than Western Europe.
So anyway, all that to say, I learned a lot about the category as we got into it, of course.
What was the market for sparkling water like then? Obviously, it's like exploded.
Today, I can say sparkling water is a really challenging category for a lot of reasons.
But maybe the one that's most notable to consumers, if I even just say it right now, is there's very few categories where you can name several $100 million revenue competitors.
So Sparkling Water, I can name 15 brands in the United States that all generate more than $100 million of sales.
The bad news is every conglomerate is in there fighting for shelf space and willing to pay a lot more than the small guys.
So- Nestle, Dr. Pepper, Keurig, Coke, Pepsi, all of them have their own sparkling water brands, if not several, and then throw in LaCroix, Spindrift, other huge upstarts relative to the conglomerates.
The U.S., until recently, still drank less sparkling water on a per capita basis than Western Europe.
In particular, in our country, we like our favorite sparkling water more than Western Europe.
So anyway, all that to say, I learned a lot about the category as we got into it, of course.
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