The Mekong Delta serves as a prime source of raw ingredients for Vietnam's beverage companies due to its rich agricultural landscape and diverse cultivation. The region's fertile soil and favorable climate support the growth of various crops, including fruits like coconuts, mangoes, dragon fruit, and more.
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.
Each product goes through a separate packaging process in Rita Company's beverage production process. This process includes stamping, printing expiration dates, shrinking packaging, carefully placing it in cartons or trays, and other steps. Our standard packaging includes sets of 24 products in a carton or tray. Still, we also offer flexibility with custom quantities such as 6 or 12, ensuring diverse consumer preferences and market demands are met.
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).
As the year draws to a close and the festive season unfolds, there is a discernible uptick in the demand for the consumption of sparkling drink. This period, characterized by celebrations and gatherings, sees an increasing preference for the enthusiasm and refreshing qualities of carbonated beverages, specifically sparkling water.
PLMA Chicago 2023: Exploring Private Label Excellence
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.
Unlocking Opportunities in the Expansive Chinese Market
Rita Company focuses all its efforts on the Chinese market because it's one of the world's major economies. In preparation for entering this market, Rita Company has consistently taken part in Chinese trade fairs for many years.
From November 8 to 10, Rita Company will attend the FHC Food & Hospitality China held in Shanghai. During this event, the company will seize the opportunity to introduce its products and establish connections in the Chinese market. Rita Company's presence at the fair was driven by the desire to explore many avenues to promote the brand and increase sales in a market with enormous potential for growth and success.
We bring you the fresh, healthy, nutritional juice drink by applying creativity and innovation to natures bounty, since we are in the tropical region of Vietnam.