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Beverage Companies Turn to Healthy Drinks as Consumer Demand …

From prnewswire.com

The beverage industry is being challenged with expanding or diversifying its portfolio in order to meet the changing consumer demand. Many large beverage companies are already investing in or acquiring other beverage businesses in order to accelerate their growth. The industry is already in its maturity stage, however, the beverage market is still expected to witness steady growth. According to data compiled by Allied Market Research, the non-alcoholic drinks market was valued at approximately USD 1.54 Trillion in 2015 and is expected to reach USD 2.09 Trillion by 2022. The non-alcoholic industry is being driven by seasonal demand and various campaigns. Additionally, with government initiatives to promote healthier drink options, many beverage companies have added product options to promote health and wellness. Koios Beverage Corp. (OTC: KBEVF), GNC Holdings, Inc. (NYSE: GNC), The Coca-Cola Company (NYSE: KO), Keurig Dr Pepper Inc. (NYSE: KDP), Cott Corporation (NYSE: COT)

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