Alliance will seek to grow north ASEAN operations through combination of capabilities and scale The Coca-Cola Company, ThaiNamthip Corporation Limited, and Swire Coca-Cola Limited have announced today they have entered into definitive agreements to form a strategic bottling alliance in north ASEAN, including Thailand, Laos, Vietnam, and Cambodia. The companies will align the management, governance and growth objectives across the ThaiNamthip and Swire Coca-Cola franchise territories with … [Read more...] about ThaiNamthip and Swire Coca-Cola to form a north ASEAN bottling alliance
Beverages
Avallen Calvados Continues Expansion Into Asia
"Avallen Calvados Expands Its Sustainable Spirit to Singapore, Revolutionising EcoConscious Drinking in Asia with Drinks99 and ecoSPIRITS" Avallen, the pioneering calvados that’s recognised as the world's most sustainable spirit, is proud to announce its latest expansion into the vibrant Singapore market in partnership with Drinks99. This strategic move marks a significant step in Avallen's mission to offer eco-conscious drinkers across Asia a ground-breaking option in the spirits … [Read more...] about Avallen Calvados Continues Expansion Into Asia
The coffee drinks growth market: New Hydrosol stabilizing systems for ready-to-drink products
Hamburg, January 2024 – Over the past ten years, ready-to-drink coffee beverages have shown steady growth worldwide. In 2023 alone, revenue rose by 4.8 percent to a total 30.6 billion euros and continues to trend upward. This is the conclusion of a study by market research institute Statista Market Insights. They prognosticate annual growth of 5.6 percent through 2027 (CAGR 2023-2027) to a projected 38.2 billion euros. More and more dairies are leveraging this potential and addressing the … [Read more...] about The coffee drinks growth market: New Hydrosol stabilizing systems for ready-to-drink products
