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Daily Newsletter

29 November 2023

Daily Newsletter

29 November 2023

Coca-Cola FEMSA to invest $33m in Mexico operation following hurricane damage

“We will invest in the rehabilitation of our facilities' infrastructure, while continuing to support our employees” - Coca-Cola FEMSA CEO Ian Craig.

Conor Reynolds November 28 2023

Credit: Coca-Cola FEMSA

India-based PepsiCo bottler Varun Beverages is set to enter the alcohol category through a distribution agreement with Carlsberg in Africa.

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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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