Behind Dongpeng Beverage’s overseas expansion The market competition is fierce and diversifi layout is the fiercely competitive functional beverage market. At present, there are many domestic functional beverage brands. In addition to the well-known R Bull, Lehu, Zhanma, Dongpeng Special Drink, etc., many traditional beverage companies are also making plans. Panpan launch the “Bao Fa Li” series, Coca-Cola launch “Aqua Power”, and Suntory also launch electrolyte water…
There are more and more players in the functional beverage market
Mainly because consumers’ demand for asia mobile number list functional beverages continues to grow, which has l to the continuous expansion of the domestic functional beverage market. The “2024-2029 China Functional Beverage Industry The market competition is fierce Research Analysis and Development Prospect Forecast Report” releas by the China Business Industry Research Institute shows that in 2019, the domestic functional beverage market size was 111.9 billion yuan, which has grown to 147.1 billion yuan in 2023 and is expect to reach 157.6 billion yuan this year.
And this may not be the peak
According to Frost & Sullivan’s data, in terms of sales volume, the per capita sales of functional beverages in my country is about one-tenth needs may require a lot of that in the Unit States, one-fifth of that in Japan, and one-quarter of that in the Unit Kingdom. In other words, there is still a lot of room for development in my country’s functional beverage market.
Although Dongpeng Beverage has not The market competition is fierce respond to the rumors of listing in Hong Kong, whether it is going overseas, seeking to be list overseas, or creating a second growth curve, it is clear that Dongpeng Beverage has ambitions. At present, the horn of the functional beverage market has been sound.
We will wait and see whether Dongpeng Beverage can win.
This live broadcast at the foot of the Tianshan cayman islands lists Mountains is just a small “slice” of Luolai Home Textiles’ traceability to Xinjiang; in September this year, Luolai Home Textiles’ traceability to Xinjiang series special event brought the brand a transaction volume of 30.8 million yuan.