Boston, MA -- (ReleaseWire) -- 07/18/2014 -- Although Asian speciality drinks were not deeply affected by the 2011 scandal, the smaller food scandals in 2013 did affect the sales of these products. Companies such as Uni-President Enterprise Corp and AGV had to remove some of their Asian speciality drinks soon after they were launched because of high levels of tainted starch that were found in the drinks. AGV announced it would stop the sale and supply of agar and grass jelly drinks, popular types of Asian speciality drinks.
Calpis Taiwan Co Ltd had the highest value share and volume share in 2013. Besides Tai Sun Enterprises Co Ltd, the company did not face intense competition from other local players. In 2013, Calpis Taiwan Co Ltd expanded its on-trade distribution channels by delivering its main brand Calpis to local juice vendors and restaurants.
Asian speciality drinks' constant off-trade value and volume sales are expected to decline over the forecast period because it will continue to face stiff competition from other companies specializing in different types of drinks such as RTD tea and coffee. Furthermore, the fact that there are no international companies which produce Asian speciality drinks will have a negative effect on value sales as it will be difficult for the local players to gain presence in the market.
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