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Audio – Health-conscious consumers to boost sales at China Huiyuan Juice
A growing taste for healthy drinks among China’s increasingly affluent consumers is expected to help boost China Huiyuan Juice Group’s revenue five-fold in the next three to five years, Vice President Matthew Gene Mouw said at the Reuters China Century Summit.
China’s largest maker of pure juice drinks aims to grow sales to 10 billion yuan ($1.3 billion) in the period from 2 billion yuan last year, in a market growing 10 percent a year and crowded with the likes of Tingyi and Coca-Cola.
Click here to hear Mouw on the main growth drivers in China’s juice market: