
Despite macroeconomic concerns, beverage demand is expected to remain steady. So, quality beverage stocks Ambev S.A. (ABEV), Kirin Holdings Company, Limited (KNBWY), 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%, resulting in a market volume of $112.60 billion by 2027. Revenue this year is projected to reach $64.38 billion.