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SPi World News 05:34:37 GMT Monday 21st October 2019

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Growing Sustainability Concerns Will Shape the Indian Soft Drinks Industry

Euromonitor International via Businesswire 05:22 GMT Monday 21st October 2019

Ethical living is a crucial trend currently influencing consumer preferences and driving new product development in soft drinks in India, according to global market research company Euromonitor International in its webinar ‘Megatrends shaping the soft drinks market in India’.Mounting concerns about single-use plastic in India will fuel the ethical living trend in soft drinks as consumers become more conscious about their purchases. According to Euromonitor International’s lifestyles survey 2019, 67% of digitally connected consumers from India identify themselves as environmentally conscious or eco-friendly with purchases leaning towards natural, organic and recyclable products.“Trends in packaged food and beverages tend to set precedence for other fast-moving consumer goods categories, and we can already see the ethical living trend influencing purchases in the beauty and personal care industry as well,” says Amulya Pandit, senior research analyst at Euromonitor International...

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