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Daily Newsletter

16 January 2024

Daily Newsletter

16 January 2024

Hindustan Coca-Cola Beverages refranchises three bottling operations

Operations in three regions have been refranchised to SLMG Beverages, Kandhari Global Beverages and Moon Beverages.

Conor Reynolds January 16 2024

Hindustan Coca-Cola Beverages Credit: Unsplash

US representatives Beth Van Duyne and Greg Landsman have introduced bipartisan legislation that would regulate hemp-derived THC beverages in a similar way to alcohol.

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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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