New Launch26 Nov 2024, 04:57 pm
Akums Drugs and Pharmaceuticals Ltd Ties Up with Jagdale for Aseptic Manufacturing of Ready-to-Drink Nutritional Beverages
AI Summary
Akums Drugs and Pharmaceuticals Ltd, through its subsidiary Maxcure Nutravedics Ltd, has entered into a Collaboration Agreement with Jagdale Industries Private Limited. This partnership focuses on aseptic manufacturing and filling in carton packing for the Ready-to-Drink (RTD) market, targeting health and wellness products. The companies aim to introduce innovative, non-milk-based aseptic carton packing solutions across key categories like wellness drinks, sports nutrition, and nutritional products for critical care, diabetes, and weight management.
Key Highlights
- Akums and Jagdale have entered into a Collaboration Agreement for aseptic manufacturing and filling in carton packing for the RTD market.
- The partnership aims to introduce innovative, non-milk-based aseptic carton packing solutions across key categories like wellness drinks, sports nutrition, and nutritional products for critical care, diabetes, and weight management.
- The Indian RTD market is experiencing significant growth, with the electrolyte RTD market valued at over 31,000 crores and more than 150 million packs sold annually.
- Aseptic carton packing technology ensures the highest standards of safety, shelf stability, and nutrient retention, meeting the evolving needs of modern consumers.
- The partnership aims to address India’s burgeoning demand for nutraceuticals, functional beverages, and therapeutic solutions.