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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.

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...

Not When Harry Met Sally…When Suntory bought Beam!

Suntory’s $16bn takeover of Beam Inc. shocked many industry insiders but the likes of Diageo, Pernod Ricard and Bacardi likely sighed with relief, according to Rabobank.

Analysis

‘Lazy’ Malaysian food companies need to learn how to innovate

Malaysian food companies are lazy in comparison to their counterparts north of the border in Thailand, and are not willing to experiment with formulations the way their neighbours have become...

BREAKING NEWS

Diageo plans $115m spend on Kentucky bourbon distillery

Diageo plans to spend $115m on new Kentucky bourbon distillery and warehouses to distill the company current brands and future products, as it seeks to expand its share in the...

Southeast Asia

Crazy flavours and multiple mixes driving hipster coffee culture

Café patrons in northern Southeast Asian countries are far more conventional than those to the south if what they order in cafés is any judge.

‘Our main US craft cider brand Woodchuck has gone backwards’, C&C Group admits

C&C Group admits its main US hard apple cider brand Woodchuck bucked the overall industry growth trend with falling sales in 2013/14 as big beer player AB InBev enters the...

Ball expands Coca-Cola Pinya line in Southeast Asia

Ball Corporation will build a one-line beverage can manufacturing plant in Myanmar for Coca-Cola Pinya drinks and several other regional and multi-national customers.

INDUSTRY VOICES: VEZIO BERNARDI, SACMI GENERAL BEVERAGE MANAGER

‘Our bespoke cap printing machine can change beverage marketing’: SACMI

SACMI insists its machine to produce limited run bespoke plastic beverage caps via digital direct printing will change the way brands can market products.

‘Good beverage entrepreneurs? Give me paranoid overachievers!’ Eric Melloul, Verlinvest

“One question I like to ask an entrepreneur – usually when they’re really tired after presenting for an hour and a half, is ‘what keeps you awake at night?’ A...

Analysis

Australian wine exporters really need to up their game in Asia-Pacific

The recent trade spat between Indonesia and Australia, which comes on the back of the southeast Asian nation’s objection towards its southern neighbour’s move to implement plain packaging of cigarettes,...

ZENITH INTERNATIONAL GLOBAL SOFT DRINKS CONGRESS 2014, LISBON

‘Coke, Pepsi…These guys aren’t cracking beverage innovation’: Eric Melloul, Verlinvest

The executive director of one of Europe’s biggest investment funds managing $1bn in assets insists that big brands like Pepsi and Coke are not cracking innovation and lag behind young...

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