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3 Reasons Boston Beer Stock Could Finally Hop HigherBoston Beer has missed profit estimates in seven of the last eight quarters, but there are reasons why it could be a ‘comeback brewer of the year’ candidate.
Wine Sales and Distribution Surging as Consumer Demand is BoomingPalm Beach, FL – October 25, 2022 – FinancialNewsMedia.com News Commentary – Wine sales have surged across the U.S. owing to innovation in flavor, color, and packaging of the product. Furthermore, the continued importation of high-quality wines into the U.S. is likely to sustain a solid customer base and propel market growth in the near future. […]
Business is Booming for Beverage Industry as U.S. Has Largest Market for Flavored WaterPalm Beach, FL – December 15, 2021 – FinancialNewsMedia.com News Commentary – Flavored water belongs to the category of beverages that are sold similarly to water. However, it excludes ingredients, such as artificial flavors, vitamins, sweeteners and others. It mainly focuses on images related to health and functional benefits. As health awareness increases among consumers […]
Demand For Potable Water Has Been Drastically Increasing Approaching New All Time HighsPalm Beach, FL – April 7, 2021 – In many parts of the world, drinking water is in a high demand… another pandemic fueled problem. Reports say that Over 2 billion people globally lack safe drinking water and estimates show that by 2030, nearly 50 percent of the world’s population will live in severe water stress. The demand for economical drinking water is at an all-time high. The growing awareness regarding the adverse health effects of consuming sugary drinks, such as weight gain, obesity, diabetes, and heart disease, is supporting the consumption of alternative beverages, such as still and sparkling water. The growth of the market is primarily attributed to rising awareness regarding the importance of hydration. According to a study conducted by the International Bottled Water Association in 2018, it was revealed that 93% of American citizens want bottled water to be sold in most stores selling beverages. A substantial part of the population prefers to quench their thirst using bottled water over other beverages. A report from Grand View Research projected that the global bottled water market size is expected to reach USD 505.19 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 11.1% from 2021 to 2028. Active companies in the market this week include Primo Water Corporation (
NYSEPRMW) (TSX: PRMW), Rainmaker Worldwide Inc. (OTCPK: RAKR), American Water Works Company, Inc.
NYSE: AWKNYSEAWK)
(NYSE: WTRGNYSEWTRG
, Ambev S.A. (NYSE: ABEVNYSE
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