News & Analysis for the Beverage Industry
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‘Biggest growth area for liquid packaging is southeast Asia’
BillerudKorsnäs, which manufactures confectionery, snacks and beverage packaging, is investing SEK 5.7bn ($622.25m) in a KM7 (Karton Machine) to produce liquid board, cartonboard and liner at its factory in Gruvön, Sweden, to start operations in Q1, 2019.
Both the Champagne and Prosecco markets continue to grow in Europe, but Prosecco is enjoying 24% value growth compared to just 0.9% for Champagne.
Global ingredient producer ADM is pushing harder into the European starch and sweetener market, announcing the acquisition of major production facilities in Turkey and Bulgaria on Monday in the wake of changing EU sugar laws.
Cacao is best known for its antioxidant-rich nut that is used to make chocolate, but the fruit has more to offer -- including a sweet white pulp that helps set Suavva Cacao Smoothies apart from other RTD juices and shakes.