Beverages – World News

The industry body also proposed alcohol-based taxation, women welfare initiatives, and de-addiction funding while highlighting revenue losses and rising illegal liquor seizures.

Suntory PepsiCo Vietnam’s new US$300 million facility will produce 1.244 billion litres annually while creating 3,000 jobs and strengthening the country’s beverage manufacturing sector.

IWSR forecasts continued tequila growth through 2030, with emerging markets offsetting slower US demand as premiumisation and expanding global distribution reshape the category.

PepsiCo maintained its full-year outlook after strong international growth offset weaker North American performance and rising inflationary pressures.

Radico Khaitan expects premium spirits, luxury brands and vodka to drive growth while expanding margins and strengthening its international presence.