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Daily Newsletter

05 October 2023

Daily Newsletter

05 October 2023

Soft-drinks group Refresco to end production at France factory

“Numerous attempts to revive our business in recent years have unfortunately not been enough to turn the situation around” – Refresco.

Conor Reynolds October 04 2023

Credit: Refresco

“Numerous attempts to revive our business in recent years have unfortunately not been enough to turn the situation around” – Refresco.

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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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