packaged beverages

Winning With Wine in 2018

There’s positive news in the wine aisle: Per capita consumption of wine in the U.S. market is expected to grow at a compound annual growth rate (CAGR) of 2.48% from 2014 to 2018. Compare that to the negative 0.52% CAGR predicted for beer over the same period, says Tom Vierhile, innovations insights director for GlobalData, New York.

“The growth outlook for wine is good,” he says.

Coca-Cola Plans for 100% Recyclable Bottles by 2030

The Coca-Cola Co. aims to collect and recycle 100% of its bottles and cans and make its packaging completely recyclable by 2030 as part of the "World Without Waste" campaign. The initiative—effective as of last week—looks to set a new global standard for beverage packaging, the company said.