Beverage producers in the Russian Federation noted a seasonal increase in demand due to hot weather

Published 2024년 7월 3일

Tridge summary

Russia experiences a seasonal surge in demand for soft drinks and packaged water due to hot weather, which is met by sufficient market capacity. Manufacturers, including local brands, anticipate this demand and stock accordingly. Prices for these beverages adjust with inflation, preventing a significant increase that could negatively impact sales.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In Russia, there is a seasonal increase in demand for soft drinks due to hot weather, while there is enough capacity in the market to satisfy it. Manufacturers have prepared in advance for this demand. Maxim Novikov, President of the Union of Juice, Water and Beverage Producers (Soyuznapitki), told TASS about this. “Now in general there is a trend towards increasing demand for soft drinks, and, of course, the popularity of packaged water, juice products and soft drinks especially increases during the hot season every year. Manufacturers are aware of the seasonal increase in demand and prepare in advance by stocking up on products so that drinks have not disappeared from stores. There is enough capacity in the Russian market, despite the departure of Western brands. Many new local brands have appeared, and the production of domestic companies has increased,” Novikov said. Soft drinks and ...
Source: Milknews

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.