Despite ongoing macroeconomic challenges, beverage demand remains stable. The industry is likely to grow steadily in the coming years. So, quality beverage stocks Kirin Holdings Company, Limited (KNBWY), Embotelladora Andina S.A. (AKO.B), and Primo Water Corporation (PRMW) could be wise additions to your portfolio now.
According to Statista, beverage revenue is expected to show an annual growth rate of 15.8%, resulting in a market volume of $124.60 billion by 2027. Revenue this year is projected to reach $69.30 billion.
