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View all search resultsAs the food and beverage industry faces a persistent decline in carbonated drink sales in Indonesia that is sending Pepsi out of the market, competitor Coca-Cola is expanding its operations in the country.
The Indonesian Food and Beverage Producers Association (Gapmmi) has corrected its growth target from 10 percent to between 8 and 9 percent, particularly due to a declining demand in both soft drinks and bottled water.
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