The ingredients specialist hails ‘milestone moment’ that will strengthen its regional presence and allow it to further focus on high-growth categories such as RTD beverages, premixes and blending lines.
Reformulation and new production development of dairy products, dried foods, bakery and snacks, along with beverages, are driving stevia growth in China and the wider Asia Pacific region, claims global ingredient firm Tate & Lyle.
UK’s premium mixer brand Fever-Tree is ramping up its Asia-Pacific expansion with a launch into South Korea this year, and rolling out its low-calorie range into more markets.
Coca-Cola has expanded its green initiative, switching Sprite’s iconic green plastic bottle to a clear PET bottle in its seventh APAC market – Singapore.
From unusual ingredients to on-the-go packs, data and analytics company GlobalData looks at some of the top trends for the beverage industry in Asia Pacific this year.