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Trends > Emerging Markets

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Emerging Markets

Established markets still generate high profits for firms selling everything from soda to spirits, wine and beer to filling lines. But Latin America, China, Southeast Asia, the Middle East and Africa plus Eastern Europe and Russia are driving global growth. Track major players' moves in these markets - from Coke to Krones and Heineken.

News in brief

Cash for Ash: Coke offers Chinese workers 'environmental hardship allowance'

Coke is offering an 'environmental hardship allowance' to staff in China as it tries to attract and retain talent, the Times of India reports.

Insight

Turning tables: NGOs commend multinational for transparency in Myanmar

In a rare move, NGOs and rights experts commended Coca-Cola for a report it has submitted with the US State Department regarding its responsible business practices in Myanmar.

‘EU doesn’t have resources to police trade deals properly’: spiritsEUROPE DG warns

The head of powerful EU spirits trade confederation spiritsEUROPE warns that the EU Commission needs more resources to better police trade agreements with outside nations.

William Grant & Sons spends £100,000 opposing Scottish independence

Glenfiddich Scotch whisky distiller William Grant & Sons has given £100,000 to Better Together – the official opponents of Scottish Independence.

‘What we haven’t offered until today is taste, and taste is king!’ ADM boss justifies $3.1bn appetite for WILD Flavors

Archer Daniels Midland CEO Patricia Woertz insists that WILD Flavors' beverage and taste expertise complement her firm’s expertise in food ingredients and know-how in texture, function and nutrition.

'Increasingly adventurous' Japanese welcome different wine styles

Wine Intelligence reports that 21% of regular wine drinkers in Japan enjoy trying new and different styles of wine on a regular basis compared to 15% two years ago, while...

Southeast Asia

Indonesia considering new labeling rules for alcoholic beverages

The Indonesian government is considering new labeling regulations for manufacturers of alcoholic beverages in a bid to lower the number of consumers of alcohol in the country.

Nichols may appeal against £8M legal hit

Nichols may appeal against paying £8M in damages – way beyond precautionary funds it had reserved to cover itself – after being sued by a company in Pakistan.

‘This most traditional of industries must transform!’ Wine Vision MD

Wine Vision organizer Andrew Reed insists a heritage-rich wine world must transform to tap the ‘radically different demands’ of millennials, ahead of the 2014 event where the president of Moët...

ASPEN IDEAS FESTIVAL 2014, COLORADO

‘Who are you, Mother Teresa?’ We are American. We eat chips and drink soda!’: PepsiCo boss Indra Nooyi on investor ‘who took me to the cleaners’

PepsiCo CEO Indra Nooyi says she didn’t want a short-term ‘cut, slash and burn’ policy that would have seen the company make enormous earnings from 2006 despite the upset her...

South Korea

Korean women catching up with the world’s biggest boozers — Korean men

South Korean women are developing a taste for a tipple at a remarkable rate, with the number who regularly consume alcohol having grown by more than 33% in just over...

'I wouldn't dismiss it outright': Analyst sees logic in SAB Miller, Diageo merger

Whispers of a $171bn+ merger between Diageo and SAB Miller have led to share spikes for both companies over the past couple of days and follow chatter about SAB tying-up...

‘Not an efficient use of public money’: EU auditor slams €1.16bn wine fund

The European Court of Auditors (ECA) says specific investment and promotion funds for EU wine is not justified and argues that money is often used to consolidate markets not penetrate...

Spanish success for Brugal Suspiro: Edrington toasts low-calorie rum launch

Edrington says its new low-calorie rum Brugal Suspiro is attracting both male and female consumers in launch market Spain and sees a ‘lot of tarmac’ ahead of premium vodka brand...

China analysis

Low margins put off leading wine brokers despite boom in imports

Although China wine market has been booming for some time, the low prices charged by online importers means few leading brokers and retailers have been tempted to enter the business.

ANALYST BELIEVES $100BN+ MEGA MERGER UNLIKELY IN SHORT TERM

PepsiCo still fly in ‘compelling but complex’ SAB Miller/ABI ointment?

With increased market chatter over AB InBev’s possible purchase of SAB Miller one analyst warns that the former’s bottling deal with PepsiCo in Latin America remains one barrier to a...

Making a meal out of Haig Club: Diageo talks up Beckham-backed whisky in China

Diageo CEO Ivan Menezes insists the spirits giant must ‘innovate at scale’ to ensure a larger share of its growth stems from fewer launches along the lines of Haig Club...

BREAKING NEWS

Coca-Cola India wins ruling overturning Uttar Pradesh plant closure order

Coca-Cola India's controversial bottling plant in Uttar Pradesh will reopen after a national environmental tribunal today stayed a local pollution control board ruling ordering its closure.

News in brief

Only happy when it rains? Mexican bar sells bottled rainwater

Mexico City artisan bar Casa del Agua has likely pulled off a world first by selling rainwater collected and filtered onsite in specially designed, reusable glass bottles.

News in brief

Refres Now makes 'huge investment' in largest ever Sidel CSD filler

Sidel says its installation of the biggest Combi line ever for filling carbonates has led to Argentinian customer Refres Now viewing it as its strategic bottling partner.

A metropolitan detox: Broccoli could be 'frugal, simple and safe' way of reducing risks of air pollution

Daily consumption of half a cup of a broccoli sprout beverage increased participants' ability to excrete the carcinogen benzene and lung irritant acrolein, according to research in China.

Production capacity to reach 9.8bn packages by 2015

Tetra Pak unveils €60m Turkish packaging plant upgrade

Tetra Pak will invest a further €36m in its packaging material plant in Izmir, Turkey to complete a €60m technology upgrade it started in 2012.

An energy drink that echoes in eternity? Coca-Cola Hellenic launches Gladiator in Russia

Check out these eye-catching 2013 launches from Coke’s second-largest bottler Coca-Cola Hellenic, including budget Russian energy offering Gladiator and Monster Rehab in Switzerland.

Diageo cuts around 200 jobs to help hit £200m savings target by 2017

Diageo has confirmed circa. 200 job losses across its head office and regions as the Johnnie Walker and Guinness producer targets annual cost savings of around £200m by 2017.

News in brief

'Stop Food From The USA!' Russian nationalists target Coke, Pepsi

Russian nationalist youth group Food Patriotism is urging Russian to stop drinking Coca-Cola and Pepsi, and insists the nation's citizens can 'vote with our roubles against the goods of our...

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