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2020-09-17

Who are the (non-alcoholic) beverage billionaires?

When the water company Nongfu Springs went public, its IPO bump briefly made the founder China’s richest man.


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Trending dry beverages: Kerry flags consumer acceptance and formulation opportunities In the retail marketplace, dry beverages – such as powdered water enhancers, powdered instant coffee and iced tea mixes – have experienced positive growth.
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Coca-Cola bottlers are feeling flat, even as U.S. grocery sales sparkle Shoppers in lockdowns snapped up cases of Coke, Fanta and Sprite at grocery stores rather than at gas stations, restaurants and stadiums.