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Latest From Mainbayar Badarch
The country’s total retail beverages market was worth KRW3.4 trillion (USD3.00 billion) in 2016. Coffee beverages accounted for the largest portion (22.1%), followed by carbonated soft drinks (21.3%), fruit beverages (18.4%), vitamin drinks (13%), soy milk (9%), etc.
Malee Group has invested TBH30 million (USD927,000) to set up a subsidiary company, Malee Applied Sciences (MAS) to develop and diversify into other new products.
Chinese retail sales of functional beverages will exceed CNY45 billion (USD6.5 bln) this year, according to the Chinese Industrial Research Institute.
Iranian beverages production was worth IRR29.7 trillion (USD984 million) in 2016. Carbonated soft drinks (CSDs) accounted for 62% of the total.
Unlike the general global trend, Korea’s CSD market is growing at around 10% annually. Retail sales volume were worth KRW1.1 trillion (USD990 million) in 2017.
Bangkok Can Manufacturing, a subsidiary of Toyo Seikan Group (TSG) of Japan, is building a new beverage can plant in the Rojana Industrial Park at Ayutthaya, Bangkok.