Impact Capital - the private equity group of Mike Repole, best known for cofounding Vitaminwater and BodyArmor SuperDrink, which sold to Coca-Cola for $4.1bn and $5.6bn, respectively - has acquired a majority stake in the better-for-you chewy granola...
UK soft drink company Britvic has completed the acquisition of the Extra Power energy drink brand from GlobalBev; also acquiring three additional soft drinks brands – energy brand Flying Horse, juice brand Juxx and acai smoothie brand Amazoo.
Australia’s Kommunity Brew believes that hemp has the potential to feature more widely in its NPD and innovation strategies, amidst the addition of more local acquisitions to its healthier beverage portfolio.
With Oobli’s first commercial launch of three fruit-flavored sweet teas, the company is building its product development around the oubli fruit’s sweet protein, brazzein, which Oobli reports is up to 5,000 times sweeter than sugar and metabolizes as a...
US packaging machinery shipments in 2022 continued on 2021’s rapid growth trajectory. While economic uncertainty is now starting to hit the market, machines designed around sustainable packaging and those that cater for the boom in e-commerce will continue...
For a big company such as PepsiCo, sustainability is not only complex, but also a multi-layered process. Tackling sustainability across different geographies, in both factories and in agriculture, and across scope 1, 2 and 3 emissions, requires a multi-pronged,...
Plant-based beverage brand Rebbl rebranded its line of drinks with a focus on occasions and conveying to consumers how to use the product, as the company looks to LTO flavors to grow trial, brand CMO, Mike Quinones, told FoodNavigator-USA.
The economic contribution of The Coca-Cola Company and 64 independently-owned bottlers – collectively called ‘the Coca-Cola system’ – has been estimated by a new study.
Singapore’s Sustenir has expanded its business portfolio to include functional food products, such as ready-to-drink smoothies, to support what it believes is a long-term growth opportunity.
FDA opened registration this week for a virtual public meeting and listening session it will hold Nov. 6-8 on strategies to reduce added sugar consumption, following a commitment it made last fall during the White House’s Conference on Hunger, Nutrition...
Beverage products entering the Middle Eastern market need to be clean label and low in sugar in order to gain a strong local foothold, with both regulatory pressure and consumer demand firmly pushing trends in this direction.
Spindrift is growing by tapping into the increased occasions for sparkling water and innovating around flavor, including seasonal varieties, the brand’s VP of marketing Sue Kim told FoodNavigator-USA.
Coca-Cola has launched new secondary packaging for 1.5 liter multipacks of Coca-Cola, Fanta and Sprite in Austria: which will save plastic and significantly reduce production energy costs, says the company.
Japanese brewery giant Kirin has announced the launches of two beverages – one alcoholic and one non-alcoholic – as it continues its efforts to tap novel ready-to-drink innovation opportunities.
Product innovation, technology and data alone are no longer sufficient to make strides in the China beverage sector with consumers increasingly wanting ‘emotion and culture’ alongside their drinks, claims Coca-Cola.
Reyes Coca-Cola Bottling has revealed plans for a substantial expansion of its operations at its current facility in Rancho Cucamonga: adding full production capabilities.
Keurig Dr Pepper executives sees significant potential for innovation and more premiumization across hot and cold beverage categories to drive sales, volume and consumer engagement in the coming year – brushing off mounting rumors about a potential recession...
With entrances into new categories including water and energy - alongside a string of recent low and no sugar products and even functional gummies - Gatorade says its portfolio is the ‘most complete offering on the market today across energy, hydration,...
Coca-Cola Europacific Partners (CCEP) has announced an investment into carbon conversion research: eying up the potential to create more sustainable packaging materials.
Single use plastic has long been vilified, prompting beverage makers to swap out plastic straws for paper alternatives. But fresh research warns paper straws in Europe contain ‘forever chemicals’, and that using such straws potentially contributes to...
As adaptogens and mushrooms continue piquing the interest of health conscious and sober-curious consumers, the sparkling, functional mushroom beverage brand expanded its convenience and grocery retail presence so “more people are able to experience the...
Neste, a Finland-based supplier of renewable fuels and feedstock for plastics, is partnering with Suntory, ENEOS and Mitsubishi Corporation to enable the production of PET bottles with renewable materials replacing fossil alternatives (via a mass balance...
From convenience to hydration and satiation, consumer preferences for beverages offer manufacturers an opportunity to hone in on value, attributes and nutrition with taste and simple ingredients as a common driver, according to Hartman Group’s Modern...
The UK Food Standards Authority has issued new voluntary industry guidance on glycerol in slush-ice drinks, advising that they should not be sold to children four years of age and under.
Kirin has introduced a version of its immune care postbiotic drink with 50% less calories, claiming to make it more accessible for health-conscious consumers without compromising on taste.
Tate & Lyle underscored the formulation considerations necessary to improve nutrition without sacrificing experience by featuring two stevia and allulose sweeteners in an IFT FIRST panel discussion in which participants shared their favorite food...
Coca-Cola Europacific Partners (CCEP) has, together with Aboitiz Equity Ventures, entered into a Letter of Intent to jointly acquire Coca-Cola Beverages Philippines from The Coca-Cola Company.
The Coca-Cola Co. will continue to raise prices in the second half of the year in select markets after volume stabilized and sales rose in the period despite earlier price hikes and growing consumer price consciousness, executives said yesterday during...
The soda aisle is made up of iconic brands with red, blue and green products. But new beverage brands have other ideas, explains Amy Kosnick, CBX Director of Design Strategy, in this guest article.
The European Union is being called on to better regulate influencer marketing and wipe out ‘harmful commercial practices’ posed by influencer marketing, such as the promotion of unhealthy food to children.
German ingredients company Döhler has announced plans to acquire SVZ, a Dutch supplier of fruit and vegetable ingredients, from Royal Cosun. The move is expected to buildout Döhler’s portfolio, notably in red fruit and vegetable ingredients.
Rubicon says that healthier, cleaner products, and localized flavours are driving beverage growth in the UAE as it seeks to stand out in ‘a very demanding market with well-travelled consumers.’
MycoTechnology says it is ‘standing on the brink of a sweet revolution’ having discovered a sweet protein derived from honey truffle. “Proteins are widely recognised as the future of sweeteners,” says MycoTechnology CEO Alan Hahn.
The popular sweetener is ‘possibly carcinogenic’ according to the World Health Organization, who has also reaffirmed it is safe to consume within current permitted use levels.
Plastic packaging does an enormous amount of harm to the environment, taking up land in landfill sites and maiming wildlife on both land and sea. However, it also contributes to climate change, emitting high levels of greenhouses gasses into the atmosphere....
The beverage and snacking categories in the United Arab Emirates have emerged as major food and beverage industry growth drivers over the past year, despite inflationary pressures in the region.
Indonesia has recently launched the latest version of its master regulation governing food categories in the country with an increased focus on fermented beverages and the wider supply chain.
A new €29m ($32m) recycling line for post-consumer beverage cartons is starting operations in Poland, with Stora Enso and Tetra Pak collaborating on the project.
PepsiCo Beverages North America (PBNA) held a ceremonial groundbreaking for its new 115,000-square-foot distribution facility in Colorado Springs, Colorado this week.
After overcoming a period of declining sales and discontinuation from retailers like Walmart and Walgreens, The Vita Coco co-founder and executive chairman Mike Kirban discussed the company’s operational strategy including brand exposure, reaching consumers...
ADM says that consumers are increasingly looking for sports beverages that support both physical and emotional well-being, including focus, mood, energy, immunity, and digestive health.
