Tag: Reports and Data

In 2007, the Azucarera company successfully developed a modified sugar bottle in order to improve product distinctiveness. The purpose was to investigate consumer perceptions of package features that add value to the product, purchase intent, and willingness to pay a premium for the new packaging against the original twelve...

According to current analysis by Reports and Data, the global industry is valued at US$9.08bn in 2018 and is expected to reach $15.78bn by the year 2026, at a CAGR of 7.1%. Automation has now become a necessity in the food and beverage industry to maintain quality, enhance production speed, and...