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Latest From Mainbayar Badarch
In the first six months of 2019, the key driver was a bottled water segment with annual average sales growth of 10.3% and production index of 9.7%. Annual production and distribution of energy drinks rose by an average of 8.7% and 5.4% respectively, while carbonated soft drinks (CSD) production increased by 6.2%.
Huiyuan Group and Weifang Comprehensive Bonded Zone (CBZ) Management Committee signed an agreement in Beijing on August 7 called ‘Investment Cooperation of Imported Juice Processing Project’.
China’s domestic beverage production reached 82.4 million tonnes in H1 of 2019, up 3.3% year-on-year.
Kunming-based Chinese financial group has invested THB700 million (USD22.7 mln) in establishing a durian processing plant in Thepha district of Songkhla province, Thailand.
Total retail sales of China's tea beverage market reached CNY77.6 billion (USD11.2 bln) in 2017, with a retail volume of 14.4 million tonnes. Sugar-free tea beverage volume demand was 3.7 mln tonnes in 2017, and this is expected nearly to triple to 10.8 mln tonnes in 2021, according to the New World Industrial Research Centre.
Mongolia has become the latest country to register an African swine fever (ASF) outbreak.