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Latest From Mainbayar Badarch
On October 11, Guangzhou Wanglaoji Pharmaceutical Co., Ltd. signed an agreement with the people's government of Qixingguan district of Guizhou province to invest and build a plant to process thorn pear into drink and canned products in Qixingguan.
Chinese NFC sales increased from CNY300 million (USD42.1 mln) to CNY2.57 billion between 2013 and 2018 and are projected to reach CNY4.83 bln in 2023. China will be the fastest growing NFC juice market in the world in coming years.
The China Beverage Industry Association has adopted a standard ‘Not from concentrate fruit juice/orange juice’ for the first time to complement the existing standard system, and promote the innovation and products upgrading in the industry.
The economy of Thailand was sluggish and consumer spending declined significantly last year, resulting in almost all beverages product groups suffering a decline in sales.
National per capita beverages consumption reached 180 litres in 2018, up 5% year-on-year, according to the Japanese Soft Drink Association.
Xinjiang-based Guannong Tomato Products Co., Ltd’s daily processing of raw tomato has totalled 10,152 tonnes for the first time.