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Daily Newsletter

11 September 2023

Daily Newsletter

11 September 2023

Reyes Coca-Cola Bottling lines up $500m production plant in California

Reyes Coca-Cola Bottling already operates three other production plants in California, located in Downey, Los Angeles, and San Leandro.

Conor Reynolds September 11 2023

Credit: Reyes Coca-Cola Bottling

Heineken’s appointment of an outsider as CEO has raised eyebrows but, with the brewing behemoth undergoing some significant changes in a challenging market, the move has also been welcomed in investment circles.

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Non-alcoholic beverages (NAB) market remain resilient despite inflationary pressure

Per GlobalData analysis, the NAB market has a strong outlook in terms of value and steady forecasting for volume up to 2026. The industry has been resilient to the pandemic and inflationary pressure as consumers continue to up their intake of NABs. Rising health and wellness trends mean that a growing number of consumers are swapping alcohol consumption for NABs while others are adding more drinks to their diet for improved hydration and extra nutritional value from fortified and functional NABs.

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