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Daily Newsletter

06 October 2023

Daily Newsletter

06 October 2023

Randall Wine Group boosts organic portfolio with Australia’s Gemtree

“Gemtree is the final piece of the jigsaw to propel the group onto the organic world wine stage” - Randall Wine Group

Jessica Broadbent October 06 2023

Left to right: Warren Randall, Gemtree co-founders Melissa Brown and Mike Brown. Credit: Asher Milgate.

Monster Beverage has criticised a report by Spruce Point Capital Management, saying it has “false and misleading characterisations” from “non-credible sources”.  

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Ready-to-Drink (RTD) beverages market expected to grow at a CAGR of ~5% by 2027

Rising urbanization coupled with the increasingly busy lifestyles of consumers have resulted in the increasing demand for RTD beverages that are easy to carry and quick to consume. Further, the pandemic has created a huge surge in demand for non-alcoholic beverages with functional benefits and value addition, including low sugar, added proteins, probiotics, and plant-based ingredients. The beverage manufacturers have been capitalizing on the trends by focusing on both value addition and convenience associated with the packaging of RTD beverages.

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