The global ready-to-drink tea and coffee market is expected to reach a value of U.S. $116.13 billion by 2024, driven by rising health awareness and disposable incomes.
Eighty-seven percent of Americans who use third-party food delivery services agree that it makes their lives easier, with 31% saying they use their services at least twice a week, research group Mintel says.
Rising utilization of packaging materials that offers optimal protection and safety allowing to extend product shelf life is projected to boost market demand over the forecast period.
Supply chain providers continue to face pressure from their customers and regulatory bodies to address challenges in cost management, compliance, and competition