beverage industry
The beverage industry encompasses the production, distribution, and sale of drinks, including both alcoholic and non-alcoholic options. This sector includes a wide range of products such as soft drinks, juices, coffee, tea, and alcoholic beverages like beer and wine. Companies in this industry often focus on flavor innovation, health trends, and sustainability to meet consumer demands.
Major players in the beverage industry include global corporations like Coca-Cola and PepsiCo, as well as smaller craft producers. The industry is influenced by factors such as changing consumer preferences, regulatory policies, and economic conditions, making it a dynamic and competitive market.