Dairy Beverage Sales Jump Over 50% in Heatwave
China’s dairy beverage market is witnessing a sharp summer surge, with sales of chilled dairy drinks increasing by more than 50% as intense heat drives demand for refreshing beverages. According to market data cited by Whalesbook, products such as lassi, yogurt drinks, probiotic beverages and flavored milk have seen particularly strong growth, with convenience stores,…
Ravi Jaipuria Expands Dairy Push in Africa
Indian billionaire Ravi Jaipuria is accelerating his expansion across Africa with a new US$40 million manufacturing complex focused on juice, snacks and dairy products in Zimbabwe. The latest investment strengthens the growing international footprint of Varun Beverages, PepsiCo’s largest bottling partner in India and one of the biggest globally. According to reports, the new facility…