飲料預混料市場機會、成長動力、產業趨勢分析及 2025 - 2034 年預測

2024年，全球飲料預混料市場規模達7,28億美元，預計2034年將以4.9%的複合年成長率成長，達到1,172億美元，這得益於便捷健康飲品的日益普及。這些產品吸引了那些追求快速便捷、易於沖調且不犧牲口味和營養的消費者。飲料預混料有粉狀和液態兩種形式，只需加水或牛奶即可快速沖調。隨著人們生活方式日益繁忙，以及人們對攜帶式健康飲品的日益青睞，預混料在家庭、辦公室、健身房、自動販賣機和機構餐飲等多個領域都越來越受歡迎。

消費者的健康意識日益增強，對支持能量、消化、免疫力和體重控制的功能性飲料的興趣也日益濃厚。乳清蛋白、草本萃取、超級食物和維生素等強化成分在配方中日益常見。溶解度、風味一致性和延長保存期限的創新進一步提升了產品質量，鼓勵了消費者的重複購買。受過良好教育的城市勞動人口的成長以及全球健康理念的轉變，使得預混飲料成為一種可靠的便捷選擇。

速溶咖啡預混料在2024年佔據了29.8%的主導市場佔有率，預計到2034年將以4.7%的複合年成長率成長。其較長的保存期限、全球吸引力和便利的沖泡工藝，將繼續推動企業辦公室、酒店和旅遊等行業的普及。消費者在家中或工作場所使用這些產品來享受優質的咖啡體驗。同時，風味茶預混料的需求也在成長，尤其是在擁有傳統飲茶習慣的地區。速溶牛奶預混料因其快速的營養價值，越來越受到家庭的歡迎，尤其受到兒童和老年人的青睞。由於消費者對免疫力、健身以及富含營養素和植物成分的清潔標籤成分的興趣，健康飲品市場也迅速崛起。

2024年，粉狀預混料的市佔率為45.1%，預計在預測期內的複合年成長率為4.9%。其吸引力在於價格實惠、易於儲存和運輸，以及可客製化的份量。粉狀配方在整合功能性成分方面提供了更大的靈活性，並且與咖啡、茶、牛奶和健康飲料廣泛兼容。已開發市場和發展中市場消費者對營養便利性日益成長的需求，支撐了粉狀預混料的持續主導地位。

2024年，中國飲料預混料市場規模達108億美元，預計2034年將以5%的複合年成長率成長。中國龐大的人口規模、不斷加速的城市化進程以及不斷變化的消費者偏好，正在推動飲料預混料的普及。隨著快節奏的生活方式和中產階級消費能力的不斷提升，中國消費者更傾向於購買即飲型產品。該地區不斷發展的飲料文化以及對創新飲品的興趣加速了市場的成長。

該市場的領導企業包括百事可樂公司、雀巢公司、Keurig Dr Pepper Inc.、可口可樂公司和星巴克公司。為了鞏固市場地位，這些公司正在採取多種策略方針。他們正在擴展產品組合，納入以健康為導向的強化產品，以滿足特定消費者的健康需求。許多公司投資研發，以提高溶解度、風味準確性和保存期限。此外，與餐飲業者的策略合作以及技術驅動的自動販賣解決方案也有助於提高產品的可及性。一些公司強調高階化和環保包裝，以符合消費者價值和市場預期。

目錄

第1章：方法論與範圍

第2章：執行摘要

第3章：行業洞察

• 產業生態系統分析
• 川普政府關稅
  • 對貿易的影響
    • 貿易量中斷
    • 報復措施
  • 對產業的影響
    • 供應方影響（原料）
      • 主要材料價格波動
      • 供應鏈重組
      • 生產成本影響
    • 需求面影響（售價）
      • 價格傳導至終端市場
      • 市佔率動態
      • 消費者反應模式
  • 受影響的主要公司
  • 策略產業反應
    • 供應鏈重組
    • 定價和產品策略
    • 政策參與
  • 展望與未來考慮
• 貿易統計資料（HS 編碼） 註：以上貿易統計僅提供主要國家。
  • 2021-2024年主要出口國
  • 2021-2024年主要進口國
• 價值鏈分析
• 原料分析
• 主要成分
  • 採購模式
  • 價格趨勢
  • 供應鏈挑戰
• 製造流程分析
  • 配方和混合技術
  • 混合和加工技術
  • 品質控制措施
  • 包裝流程
• 市場動態
  • 市場促進因素
    • 方便、省時
    • 速食店的需求不斷成長
    • 健康意識不斷增強
    • 都市化進程加快，生活方式更加忙碌
  • 市場限制
    • 嚴格的監管框架
    • 原物料價格波動
    • 對人工成分的擔憂
    • 即飲飲料的競爭
  • 市場機會
    • 功能性飲料的需求不斷成長
    • 新興市場的擴張
    • 口味和配料的創新
    • 電子商務和直接面對消費者的管道
  • 市場挑戰
    • 維持產品一致性
    • 滿足清潔標籤需求
    • 永續性問題
    • 適應區域口味偏好
• 產業衝擊力
  • 成長動力
    • 綠茶和健康飲料的健康益處日益增多
    • 方便飲料日益流行
    • 即溶咖啡消費率高
  • 產業陷阱與挑戰
    • 在世界各地維持嚴格的指導方針和多樣化的法規
    • 過量食用導致的健康問題
• 監理框架分析
  • 食品安全法規
  • 標籤要求
  • 成分標準和限制
  • 進出口法規
  • 區域監管差異
• 技術格局
  • 當前的技術趨勢
  • 生產自動化
  • 配方創新
  • 供應鏈管理中的數位化解決方案
• 定價分析
  • 價格趨勢分析
  • 成本結構分析
  • 影響定價的因素
  • 區域價格差異
• 永續性和未來趨勢
  • 永續包裝創新
    • 環保材料
    • 可回收包裝解決方案
    • 可生物分解的選擇
    • 減少包裝廢棄物舉措
  • 清潔標籤和天然成分
    • 植物成分
    • 有機認證
    • 非基因改造趨勢
    • 無過敏原配方
  • 數位轉型
    • 智慧包裝技術
    • 生產和分銷中的物聯網
    • 區塊鏈用於可追溯性
    • 人工智慧和機器學習應用
  • 新興的消費者偏好
    • 個性化和客製化
    • 功能優勢
    • 體驗式消費
    • 健康和保健重點
• 大環境分析
• 波特五力分析

第4章：競爭格局

• 介紹
• 戰略框架
  • 併購
  • 合資與合作
  • 新產品開發
  • 擴張策略
• 競爭基準測試
• 供應商格局
• 競爭定位矩陣
• 戰略儀表板
• 品牌定位與消費者認知分析
• 新參與者的市場進入策略

第5章：市場規模及預測：依產品類型 2021 - 2034

• 主要趨勢
• 即溶咖啡預混料
  • 普通咖啡
  • 調味咖啡
  • 特色咖啡
  • 其他
• 即溶茶預混料
  • 紅茶
  • 綠茶
  • 涼茶
  • 調味茶
  • 其他
• 即溶牛奶預混料
  • 純牛奶
  • 調味牛奶
  • 乳製品替代品
  • 其他
• 保健飲料預混料
  • 蛋白質飲料
  • 能量飲料
  • 功能性飲料
  • 營養補充品
  • 其他
• 酒精飲料預混料
  • 雞尾酒混合物
  • 葡萄酒混合物
  • 烈酒混合飲料
  • 其他
• 軟性飲料預混料
  • 碳酸飲料混合物
  • 水果飲料混合物
  • 運動和能量飲料混合物
  • 其他
• 其他

第6章：市場規模及預測：依形式，2021 - 2034

• 主要趨勢
• 粉末
  • 即溶粉
  • 顆粒狀粉末
  • 其他
• 貼上
  • 濃縮膏
  • 即用型糊劑
  • 其他
• 濃縮液
  • 耐儲存濃縮液
  • 冷凍濃縮物
  • 其他
• 其他

第7章：市場規模及預測：依功能分類，2021 - 2034 年

• 主要趨勢
• 清楚的
  • 無味
  • 傳統的
  • 其他
• 調味
  • 水果口味
  • 巧克力和咖啡口味
  • 草本和植物口味
  • 香料口味
  • 其他
• 功能
  • 提升能量
  • 增強免疫力
  • 消化健康
  • 認知功能
• 其他
• 強化
  • 維生素強化
  • 礦物質強化
  • 蛋白質強化
  • 其他

第8章：市場規模及預測：按配銷通路，2021 - 2034 年

• 主要趨勢
• 企業對企業
  • HoReCa （飯店餐廳和咖啡館）
  • 速食店
  • 機構餐飲
  • 其他
• 企業對消費者
  • 超市和大賣場
  • 便利商店
  • 專賣店
  • 網路零售
  • 其他

第9章：市場估計與預測：按地區，2021 - 2034 年

• 主要趨勢
• 北美洲
  • 美國
  • 加拿大
• 歐洲
  • 德國
  • 英國
  • 法國
  • 西班牙
  • 義大利
  • 歐洲其他地區
• 亞太地區
  • 中國
  • 印度
  • 日本
  • 澳洲
  • 韓國
  • 亞太其他地區
• 拉丁美洲
  • 巴西
  • 墨西哥
  • 阿根廷
  • 拉丁美洲其他地區
• 中東和非洲
  • 沙烏地阿拉伯
  • 南非
  • 阿拉伯聯合大公國
  • 中東和非洲的Rets

第10章：公司簡介

• Nestle SA
• The Coca-Cola Company
• PepsiCo, Inc.
• Starbucks Corporation
• Keurig Dr Pepper Inc.
• Unilever PLC
• Ajinomoto Co., Inc.
• Monster Beverage Corporation
• Suntory Holdings Limited
• Tata Consumer Products Limited
• Kraft Heinz Company
• Mondel?z International, Inc.
• Danone SA
• Associated British Foods plc
• Kerry Group plc
• Ito En, Ltd.
• Diageo plc
• Bacardi Limited
• Pernod Ricard
• Red Bull GmbH
• DSM-Firmenich AG
• Givaudan SA
• International Flavors & Fragrances Inc.
• Symrise AG
• Archer Daniels Midland Company
• Cargill, Incorporated
• Ingredion Incorporated
• Tate & Lyle PLC
• Nitin's Premixes
• Veebha Beverages Private Limited

The Global Beverage Premix Market was valued at USD 72.8 billion in 2024 and is estimated to grow at a CAGR of 4.9% to reach USD 117.2 billion by 2034, driven by the rising popularity of convenient, health-focused beverages. These products appeal to consumers who are looking for quick, easy-to-prepare drinks without compromising on taste or nutrition. Beverage premixes-available in powder or liquid form-offer a fast solution that only requires water or milk. With increasingly busy lifestyles and a growing preference for portable wellness, premixes are gaining traction across multiple segments, including homes, offices, gyms, vending machines, and institutional catering.

Consumers are becoming more health-conscious, fueling interest in functional beverages that support energy, digestion, immunity, and weight control. Fortified ingredients such as whey protein, herbal extracts, superfoods, and vitamins are becoming commonplace in formulations. Innovations in solubility, flavor consistency, and extended shelf life have further improved product quality, encouraging repeat purchases. The rise of the educated urban working population and the global shift toward wellness have positioned beverage premixes as a reliable, on-the-go option.

Instant coffee premix held a dominant market share of 29.8% in 2024 and is expected to expand at a CAGR of 4.7% through 2034. Its long shelf life, global appeal, and easy preparation process continue to drive adoption across sectors such as corporate offices, hospitality, and travel. Consumers use these options for premium coffee experiences at home or work. Meanwhile, flavored tea premixes are experiencing increased demand, particularly in regions with traditional tea-drinking habits. Instant milk premixes are gaining popularity among families for their quick nutritional value, especially for children and older adults. The health drink segment is also rapidly emerging due to consumer interest in immunity, fitness, and clean-label ingredients fortified with nutrients and botanicals.

Powdered premixes accounted for 45.1% share in 2024 and are projected to grow at a 4.9% CAGR over the forecast period. Their appeal lies in affordability, ease of storage and transport, and customizable portion sizes. Powder formulations offer greater flexibility for integrating functional ingredients and are widely compatible with coffee, tea, milk, and health beverages. Their continued dominance is supported by rising consumer demand for nutritional convenience across developed and developing markets.

China Beverage Premix Market generated USD 10.8 billion in 2024 and is projected to grow at a 5% CAGR by 2034. The country's vast population, accelerating urbanization, and evolving consumer preferences are driving increased adoption of beverage premixes. With a fast-paced lifestyle and growing middle-class spending power, Chinese consumers purchase ready-to-mix products. The region's evolving beverage culture and interest in innovative drinks accelerate market growth.

Top players in this market include PepsiCo, Inc., Nestle S.A., Keurig Dr Pepper Inc., The Coca-Cola Company, and Starbucks Corporation. To secure a stronger market presence, these companies are leveraging several strategic approaches. They are expanding their product portfolios to include wellness-oriented and fortified options, targeting specific consumer health needs. Many invest in R&D to improve solubility, flavor accuracy, and shelf life. In addition, strategic collaborations with foodservice operators and tech-driven vending solutions are helping increase accessibility. Some firms emphasize premiumization and eco-friendly packaging to align with consumer values and market expectations.

Table of Contents

Chapter 1 Methodology & Scope

• 1.1 Market scope & definition
• 1.2 Base estimates & calculations
• 1.3 Forecast calculation
• 1.4 Data sources
  • 1.4.1 Primary
  • 1.4.2 Secondary
    • 1.4.2.1 Paid sources
    • 1.4.2.2 Public sources
• 1.5 Primary research and validation
  • 1.5.1 Primary sources
  • 1.5.2 Data mining sources

Chapter 2 Executive Summary

• 2.1 Industry synopsis, 2021-2034

Chapter 3 Industry Insights

• 3.1 Industry ecosystem analysis
• 3.2 Trump administration tariffs
  • 3.2.1 Impact on trade
    • 3.2.1.1 Trade volume disruptions
    • 3.2.1.2 Retaliatory measures
  • 3.2.2 Impact on the industry
    • 3.2.2.1 Supply-side impact (raw materials)
      • 3.2.2.1.1 Price volatility in key materials
      • 3.2.2.1.2 Supply chain restructuring
      • 3.2.2.1.3 Production cost implications
    • 3.2.2.2 Demand-side impact (selling price)
      • 3.2.2.2.1 Price transmission to end markets
      • 3.2.2.2.2 Market share dynamics
      • 3.2.2.2.3 Consumer response patterns
  • 3.2.3 Key companies impacted
  • 3.2.4 Strategic industry responses
    • 3.2.4.1 Supply chain reconfiguration
    • 3.2.4.2 Pricing and product strategies
    • 3.2.4.3 Policy engagement
  • 3.2.5 Outlook and future considerations
• 3.3 Trade statistics (HS Code) Note: the above trade statistics will be provided for key countries only.
  • 3.3.1 Major exporting countries, 2021-2024 (Kilo Tons)
  • 3.3.2 Major importing countries, 2021-2024 (Kilo Tons)
• 3.4 Value chain analysis
• 3.5 Raw material analysis
• 3.6 Key ingredients
  • 3.6.1 Sourcing patterns
  • 3.6.2 Price trends
  • 3.6.3 Supply chain challenges
• 3.7 Manufacturing process analysis
  • 3.7.1 Formulation and blending techniques
  • 3.7.2 Mixing and processing technologies
  • 3.7.3 Quality control measures
  • 3.7.4 Packaging processes
• 3.8 Market dynamics
  • 3.8.1 Market drivers
    • 3.8.1.1 Convenience and time-saving benefits
    • 3.8.1.2 Growing demand from quick service restaurants
    • 3.8.1.3 Rising health consciousness
    • 3.8.1.4 Increasing urbanization and busy lifestyles
  • 3.8.2 Market restraints
    • 3.8.2.1 Stringent regulatory framework
    • 3.8.2.2 Fluctuating raw material prices
    • 3.8.2.3 Concerns regarding artificial ingredients
    • 3.8.2.4 Competition of ready-to-drink beverages
  • 3.8.3 Market opportunities
    • 3.8.3.1 Growing demand for functional beverages
    • 3.8.3.2 Expansion in emerging markets
    • 3.8.3.3 Innovation in flavors and ingredients
    • 3.8.3.4 E-commerce and direct-to-consumer channels
  • 3.8.4 Market challenges
    • 3.8.4.1 Maintaining product consistency
    • 3.8.4.2 Addressing clean label demands
    • 3.8.4.3 Sustainability concerns
    • 3.8.4.4 Adapting to regional taste preferences
• 3.9 Industry impact forces
  • 3.9.1 Growth drivers
    • 3.9.1.1 Increasing health benefits of green tea and healthy drinks
    • 3.9.1.2 Rising popularity of convenience drinks
    • 3.9.1.3 High rate of consumption of instant coffee
  • 3.9.2 Industry pitfalls and challenges
    • 3.9.2.1 Maintaining strict guidelines and diverse regulations around the world
    • 3.9.2.2 Health issues caused by excessive consumption
• 3.10 Regulatory framework analysis
  • 3.10.1 Food safety regulations
  • 3.10.2 Labeling requirements
  • 3.10.3 Ingredient standards and restrictions
  • 3.10.4 Import/export regulations
  • 3.10.5 Regional regulatory differences
• 3.11 Technology landscape
  • 3.11.1 Current technological trends
  • 3.11.2 Automation in production
  • 3.11.3 Innovations in formulation
  • 3.11.4 Digital solutions in supply chain management
• 3.12 Pricing analysis
  • 3.12.1 Price trend analysis
  • 3.12.2 Cost structure analysis
  • 3.12.3 Factors affecting pricing
  • 3.12.4 Regional price variations
• 3.13 Sustainability and future trends
  • 3.13.1 Sustainable packaging innovations
    • 3.13.1.1 Eco-friendly materials
    • 3.13.1.2 Recyclable packaging solutions
    • 3.13.1.3 Biodegradable options
    • 3.13.1.4 Reduced packaging waste initiatives
  • 3.13.2 Clean label and natural ingredients
    • 3.13.2.1 Plant-based ingredients
    • 3.13.2.2 Organic certifications
    • 3.13.2.3 Non-GMO trends
    • 3.13.2.4 Allergen-free formulations
  • 3.13.3 Digital transformation
    • 3.13.3.1 Smart packaging technologies
    • 3.13.3.2 Iot in production and distribution
    • 3.13.3.3 Blockchain for traceability
    • 3.13.3.4 Ai and machine learning applications
  • 3.13.4 Emerging consumer preferences
    • 3.13.4.1 Personalization and customization
    • 3.13.4.2 Functional benefits
    • 3.13.4.3 Experiential consumption
    • 3.13.4.4 Health and wellness focus
• 3.14 PESTLE Analysis
• 3.15 Porter's five forces analysis

Chapter 4 Competitive landscape, 2024

• 4.1 Introduction
• 4.2 Strategic framework
  • 4.2.1 Mergers & acquisitions
  • 4.2.2 Joint ventures & collaborations
  • 4.2.3 New product developments
  • 4.2.4 Expansion strategies
• 4.3 Competitive benchmarking
• 4.4 Vendor landscape
• 4.5 Competitive positioning matrix
• 4.6 Strategic dashboard
• 4.7 Brand positioning & consumer perception analysis
• 4.8 Market entry strategies for new players

Chapter 5 Market Size and Forecast, By Product Type 2021 - 2034 (USD Billion, Kilo Tons)

• 5.1 Key trends
• 5.2 Instant coffee premix
  • 5.2.1 Regular coffee
  • 5.2.2 Flavored coffee
  • 5.2.3 Specialty coffee
  • 5.2.4 Others
• 5.3 Instant tea premix
  • 5.3.1 Black tea
  • 5.3.2 Green tea
  • 5.3.3 Herbal tea
  • 5.3.4 Flavored tea
  • 5.3.5 Others
• 5.4 Instant milk premix
  • 5.4.1 Plain milk
  • 5.4.2 Flavored milk
  • 5.4.3 Dairy alternatives
  • 5.4.4 Others
• 5.5 Health drink premix
  • 5.5.1 Protein drinks
  • 5.5.2 Energy drinks
  • 5.5.3 Functional beverages
  • 5.5.4 Nutritional supplements
  • 5.5.5 Others
• 5.6 Alcoholic beverage premix
  • 5.6.1 Cocktail mixes
  • 5.6.2 Wine mixes
  • 5.6.3 Spirit-based mixes
  • 5.6.4 Others
• 5.7 Soft drink premix
  • 5.7.1 Carbonated drink mixes
  • 5.7.2 Fruit-based drink mixes
  • 5.7.3 Sports and energy drink mixes
  • 5.7.4 Others
• 5.8 Others

Chapter 6 Market Size and Forecast, By Form, 2021 - 2034 (USD Billion, Kilo Tons)

• 6.1 Key trends
• 6.2 Powder
  • 6.2.1 Instant powder
  • 6.2.2 Granulated powder
  • 6.2.3 Others
• 6.3 Paste
  • 6.3.1 Concentrated paste
  • 6.3.2 Ready-to-mix paste
  • 6.3.3 Others
• 6.4 Liquid concentrate
  • 6.4.1 Shelf-stable concentrate
  • 6.4.2 Frozen concentrate
  • 6.4.3 Others
• 6.5 Others

Chapter 7 Market Size and Forecast, By Function, 2021 - 2034 (USD Billion, Kilo Tons)

• 7.1 Key trend
• 7.2 Plain
  • 7.2.1 Unflavored
  • 7.2.2 Traditional
  • 7.2.3 Others
• 7.3 Flavored
  • 7.3.1 Fruit flavors
  • 7.3.2 Chocolate and coffee flavors
  • 7.3.3 Herbal and botanical flavors
  • 7.3.4 Spice flavors
  • 7.3.5 Others
• 7.4 Functional
  • 7.4.1 Energy-boosting
  • 7.4.2 Immunity-enhancing
  • 7.4.3 Digestive health
  • 7.4.4 Cognitive function
• 7.5 Others
• 7.6 Fortified
  • 7.6.1 Vitamin-fortified
  • 7.6.2 Mineral-fortified
  • 7.6.3 Protein-fortified
  • 7.6.4 Others

Chapter 8 Market Size and Forecast, By Distribution Channel, 2021 - 2034 (USD Billion, Kilo Tons)

• 8.1 Key trend
• 8.2 Business-to-business
  • 8.2.1 HoReCa (hotels restaurants and cafes)
  • 8.2.2 Quick service restaurants
  • 8.2.3 Institutional catering
  • 8.2.4 Others
• 8.3 Business-to-consumer
  • 8.3.1 Supermarkets and hypermarkets
  • 8.3.2 Convenience stores
  • 8.3.3 Specialty stores
  • 8.3.4 Online retail
  • 8.3.5 Others

Chapter 9 Market Estimates and Forecast, By Region, 2021 - 2034 (USD Billion) (Kilo Tons)

• 9.1 Key trends
• 9.2 North America
  • 9.2.1 U.S.
  • 9.2.2 Canada
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 France
  • 9.3.4 Spain
  • 9.3.5 Italy
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 China
  • 9.4.2 India
  • 9.4.3 Japan
  • 9.4.4 Australia
  • 9.4.5 South Korea
  • 9.4.6 Rest of Asia Pacific
• 9.5 Latin America
  • 9.5.1 Brazil
  • 9.5.2 Mexico
  • 9.5.3 Argentina
  • 9.5.4 Rest of Latin America
• 9.6 Middle East and Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 South Africa
  • 9.6.3 UAE
  • 9.6.4 Rets of Middle East & Africa

Chapter 10 Company Profiles

• 10.1 Nestle S.A.
• 10.2 The Coca-Cola Company
• 10.3 PepsiCo, Inc.
• 10.4 Starbucks Corporation
• 10.5 Keurig Dr Pepper Inc.
• 10.6 Unilever PLC
• 10.7 Ajinomoto Co., Inc.
• 10.8 Monster Beverage Corporation
• 10.9 Suntory Holdings Limited
• 10.10 Tata Consumer Products Limited
• 10.11 Kraft Heinz Company
• 10.12 Mondelēz International, Inc.
• 10.13 Danone S.A.
• 10.14 Associated British Foods plc
• 10.15 Kerry Group plc
• 10.16 Ito En, Ltd.
• 10.17 Diageo plc
• 10.18 Bacardi Limited
• 10.19 Pernod Ricard
• 10.20 Red Bull GmbH
• 10.21 DSM-Firmenich AG
• 10.22 Givaudan SA
• 10.23 International Flavors & Fragrances Inc.
• 10.24 Symrise AG
• 10.25 Archer Daniels Midland Company
• 10.26 Cargill, Incorporated
• 10.27 Ingredion Incorporated
• 10.28 Tate & Lyle PLC
• 10.29 Nitin's Premixes
• 10.30 Veebha Beverages Private Limited