Major brands from Kirin to Yili believe that there is an increasing need for the APAC beverage sector to innovate with added functional and convenience benefits for consumers, especially in a time when the industry is seen as increasingly costly.
Kao Corporation has entered into an agreement with Kirin Beverage Company Limited for the transfer of Healthya, a functional tea-catechin beverage brand, to focus its resources on other business areas to achieve its targets for FY2027.