/PRNewswire/ The soft drinks market is set to grow by USD 622.47 billion from 2022 to 2027. The growth momentum will progress at a CAGR of 9.98% during the.
Del Monte Pacific booked a net income of $16.9 million at the end of its fiscal year last April due to one-off costs related to efforts to drastically cut debt expenses and also as margins were hit by inflationary pressures.
By Ben Otto Del Monte Pacific shares fell early Tuesday after the food-and-beverage company said it swung to a quarterly loss on inflationary pressures..