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Premium Indulgence

Premium is not the new normal, but as wealth levels increase in emerging markets, and affluent Western consumers crave difference, there's a real appetite for small batch, 'craft' products made with quality ingredients that command a higher price. The spirits world has always taken the lead, but the trend is spreading to beer, cider and even soda.

Beverage bites: news up to February 26, 2015

George Clooney’s tequila, why a latte is less likely to spill than coffee, and more beverage bites

George Clooney’s tequila, a fire at Diageo’s Burghead Maltings and why a latte is less likely to spill than a standard coffee. Just some of the news nuggets in this...

Beam Suntory fights ‘frivolous’ lawsuit attacking Jim Beam bourbon's handcrafted credentials

Beam Suntory insists it will fight a US class action filed last week accusing the company of deceptive advertising for describing San Diego’s Jim Beam bourbon as ‘handcrafted’.

‘We don’t want your plonk!’ German wine consumers turn to higher quality wine

German consumers are prepared to pay more for a better quality still wine, says Mintel, as drinkers become sceptical of mass-production and demand authenticity and quality. 

Beer… and beyond! SAB Miller Latin America wants to grow in other beverages

SAB Miller wants to develop its premium beer portfolio in Brazil and increase beer consumption across LATAM, but also strengthen its hold on other beverage sectors in the region.

Direct to consumer sales will snare ‘significant revenues’ for US wineries: Wine Intelligence

US direct to consumer wine sales grew 15% in 2014 off a relatively low base, but will become a significant future revenue source for small to mid-sized wineries, according to Wine Intelligence.

Red Espresso hopes to capitalise on European coffee capsule explosion – with tea

‘We're not a commodity, we're a niche!’ Red Espresso puts rooibos tea in ‘coffee’ capsules

Red Espresso is launching its rooibos tea capsules in Europe, eyeing up a continent with an ingrained coffee culture and obsession with health, convenience, and coffee pods.  

‘Snack and beverage co-purchases beat peanut butter and jelly!’ Frito-Lay CEO Tom Greco champions PepsiCo's 'Better Together' policy

Frito-Lay CEO Tom Greco insists snacks and beverages occupy common ‘demand spaces’, and PepsiCo’s ‘Better Together’ approach gives it the scale to outpace its rivals at retail level.

Wake up and smell the coffee pods: Coffee shop culture leads to sales boom

Coffee pods are driving growth in the ground coffee sector, says FMCG market and shopper intelligence firm IRI, thanks to cheaper coffee machines and the popularity of the coffee shop...

Pernod Ricard CEO glosses Absolut sales slide: ‘The US vodka category is suffering’

Pernod Ricard CEO Alexandre Ricard admits that Absolut is under pressure in a ‘very challenged’ US vodka category where flavored varieties in particular are struggling.

BEVERAGEDAILY PERSONALITY OF THE YEAR 2014, LUKAS VON GREBMER

Akuō blasts ‘burnout society': BeverageDaily Personality 2014 Lukas von Grebmer’s Zenlike focus…

BeverageDaily.com Personality of 2014 Lukas von Grebmer is a man on a mission – to combat our ‘burnout society’ as co-founder of Akuō, a healthy drink that blends green tea,...

‘Fairlife in every fridge in America!’ CEO predicts rebirth of US milk

Fairlife CEO Steve Jones believes his company’s new premium milk distributed through the Coca-Cola system can contribute to the ‘rebirth of milk’ in America as consumption levels slide.

Coldpress sees HPP potential in dairy and ‘dairy alternative’ drinks

The MD of pioneering HPP juice brand Coldpress says he sees potential for dairy and dairy alternative drinks manufactured using the technology.

Talkin’ bout my generation! New consumers want new drinks, so what's the future for flavored whisky?

Flavored whiskies may still be popular, but the category could soon reach its peak, according to Trevor Stirling from research and brokerage firm Sanford C. Bernstein. 

Rabobank’s weather warning…Scotch faces ‘tropic thunder’ with rise of rum

Rabobank has tipped rum to capture spirits market share from Scotch in the EU as high-quality aged sipping varieties win over consumers in the UK, Benelux, France, the Nordics and...

‘Fastest-growing US soda brand’ DRY Soda hails dawn of the soda sommelier

The CEO of America’s fastest-growing soda brand DRY Soda says the brand’s relatively low sugar content and a focus on food matching and ‘culinary flavors’ are helping it crack exclusive...

‘We’re on a mission to make HPP juice more accessible’: Coldpress Foods MD

The MD of HPP juice brand Coldpress insists it is still growing strongly in the UK despite wider category woes, with a sustainable business model that now allows it to...

Bend baijiu like Beckham: Diageo talks up Chinese turnaround but sales keep falling

Diageo chief Ivan Menezes today talked up the company’s turnaround plan for ‘challenged market’ China – where the company is betting on Beckham-backed Haig Club whisky and lower-cost baijiu -...

REGISTER NOW FOR TODAY'S FREE ONLINE EVENT!

Turbo Charge Your Liquid Technology: Beverage & Dairy Treatment 2015

Today's the big day! It's our free-to-access online event on Beverage & Dairy Treatment technology, which will include speakers from big names Zenith, Meiji, LiDestri Food and Beverage and Refresco-Gerber.

One week to go! Join us at the Beverage Innovation Summit on February 4

Will Pepsi True & Coca-Cola Life revitalize the cola market, or are today’s more demanding and sophisticated consumers looking for more than refreshment and ‘no-artificial’ claims from their beverage calories...

WORLD ECONOMIC FORUM 2015, DAVOS, SWITZERLAND

Nestlé CEO talks Nespresso: ‘We wouldn’t have a healthy coffee business if we exploited suppliers’

Nestlé boss Paul Bulcke declines to reveal how much coffee farmers servicing its Nespresso platform receive for every little plastic pod sold, but insists the brand creates real shared value for...

Suja Juice predicts revenues of $70-80m in 2015 as super-premium juice category explodes

There is room for new players in the burgeoning super-premium juice category, but the barriers to entry are pretty high, says San Diego-based Suja Juice, which exploded onto the scene...

Beauty and that beast of a beverage market…Bella Berry targets UK launch

London-based startup Bella Berry tells BeverageDaily.com that it is negotiating with buyers with a view to launching the UK’s first mass market collagen-based ‘beauty drink’ by spring 2015.

Brewer profile

The niche brewer that’s taking on the big guns at their own game

Last year was the worst for Australia’s mainstream beer industry since before the Second World War, though one Adelaide brewer, which operates on the premium cusp of the market, has...

Analyst suggests ‘aggressive’ ABI pricing could spur Samuel Adams beer sales

One US analyst believes that a more aggressive US pricing strategy led by Anheuser Busch InBev could reignite sales growth for craft beer competitor Samuel Adams.

Whale testicle beer brewer backs controversial drink: ‘We don’t consider the fin whale endangered here’

The owner of an Icelandic brewery poised to launch a controversial whale testicle-flavored beer tells BeverageDaily.com the beer has a ‘unique smoked flavor’ and insists Icelandic whaling is sustainable.

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