Consumer trends affect the type of packaging and material used for beverage products
By Jenny Eagle
Last updated on
Five consumer trends; premiumisation, convenience, online retailing, shelf-life extension and recyclability, affect the type of packaging and material used for a product, according to Rabobank.
Supply continues to outweigh demand in the global milk market, although the imbalance looks set to be corrected in the second half of 2015, says Rabobank.
Rabobank has tipped rum to capture spirits market share from Scotch in the EU as high-quality aged sipping varieties win over consumers in the UK, Benelux, France, the Nordics and Eastern Europe.
Global tea companies will have to hit the M&A trail to unlock opportunities in important tea markets including China, Russia and India, according to Rabobank.