The most common strategy deployed by many water bottlers to meet sustainability initiatives has been to significantly lightweight their PET containers. However, a recent study found that oftentimes these bottles might meet consumer expectations for convenience and price, but may not minimize the carbon footprint.
Prime Advantage, a leading group purchasing organization for midsized manufacturers, announces the findings of its ninth edition of the CFO Survey, revealing the financial projections and top concerns of industrial manufacturing companies. The results show that optimism in manufacturing among the group's members is at its highest levels since the annual survey’s inception.
The distilled spirits sector achieved accelerated growth in 2016 with supplier sales up 4.5% to $25.2 billion, volumes up 2.4% to 220 million cases and a seventh straight year of market share gains relative to beer, the Distilled Spirits Council announces.
A report by Allied Market Research, forecast that the global organic dairy market is expected to grow at a CAGR of 14.25% from 2016 to 2022 to reach $36,729 million by 2022.
The global pet food market will see a CAGR of 4% to 2021, growth is driven by the increasing demand for grain-free products along with the increasing demand of natural pet food products.
Growing concerns for environment and health, deteriorating food quality and associated benefits of organic products to drive global organic beverages market through 2021.
The global smart packaging market is expected to grow at 5.4% CAGR, hitting about US$52B by 2025. Market drivers include growing market for sustainable printed electronics, the Internet of Things and cloud computing, and rising food safety concerns.
Global market for apple and fruit-flavored cider to see CAGR of more than 6% from 2017-2021, driven by launch of new products, growing demand for premium cider products.
