Carbonated soft drink sales dipped in 2010, but are expected to show positive growth in 2011. “Because the economy is better and products like Coke Zero have done well with customers, we are predicting 2.3% growth in 2011 for carbonated beverages,” said Garima Goel Lal, senior consumer analyst for Mintel International. Overall sales of carbonated…
Soft Drink Industry Squashes Tax Plan
The soft drink industry has successfully stopped a plan that aimed to tax sugared beverages, the Los Angeles Times reported. Advocates had said the proposed tax would have reduced obesity and helped finance healthcare reform. And public health advocates assumed the tax would accepted by congressional Democrats searching for revenue to fund expanded health insurance…