The beverage industry is fuelled by robust demand and the adoption of changing consumer preferences. Against this backdrop, quality beverage stocks The Coca-Cola Company (KO) and National Beverage Corp. (FIZZ) might be a solid buy. However, Celsius Holdings, Inc. (CELH) might be best kept on hold.
The beverage market is primarily driven by the rising product demand among the geriatric population. In addition, the evolving consumer preferences and the growing awareness regarding the importance of nutrition and overall well-being are augmenting the market growth.
