Please continue sharing updates about Rita's production activities and products. Our next focus is on the factory's packaging production line. Rita has implemented automated packaging lines as a strategic measure to enhance the quality and overall productivity of the packaging process.
According to the latest market research conducted by the CMI Market Research Team, the global Sparkling Drinks market is predicted to experience a Compound Annual Growth Rate (CAGR) of 12.6% from 2023 to 2032. The market size is projected to reach USD 42.41 billion in 2022 and is anticipated to increase to USD 123.41 billion by 2032 (Source).
Established in 1979, the Private Label Manufacturers Association (PLMA) is a unique non-profit organization that champions store brands. PLMA proudly represents over 4,000 member companies spanning more than 75 countries. Beyond its hallmark annual trade shows in Chicago and Amsterdam, PLMA extends a comprehensive suite of benefits to its members, including conferences, executive education, professional development opportunities, market research, category and channel sales data, consumer surveys, and a range of insightful publications.