Hot Picks: Energy drinks continue fueling beverage sector growth - BNN Bloomberg
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Article Excerpt
The beverage sector continues to see pockets of strong growth, led by energy drinks, packaged water and zero-sugar soft drinks. Analysts say product innovation, shifting consumer habits and global brand expansion are helping some beverage companies outperform despite economic uncertainty and rising costs.
BNN Bloomberg spoke with Nik Modi, co-head of global consumer and retail research at RBC Capital Markets, about growth trends across the beverage industry, the continued rise of energy drinks and packaged water, and the macroeconomic pressures facing consumer brands.
Key Takeaways
Energy dr…
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