Breaking News on Beverage Technology & Markets

Market for superpremium juices soars in the US

Superpremium juice drinks have proved to be a dynamic part of the US beverage market showing “phenomenal growth” in just a few years, according to a new report.

Private label brands to offer premium consumer compromise

Private label food and drink brands will continue to grow as cash-strapped consumers' increasingly perceive the products as value for money, according to Datamonitor.

Premium push lifts Foster's half-year profits

Australia-based Foster's posted half-year sales growth of 3.2 per cent in organic terms to AUS$2.3bn (€1.4bn) as growing demand for its premium brands partially offset a slowdown in its US...

Diageo expands with premium US wine buy

Diageo is to expand its presence within the high growth US market for premium wines with the acquisition of national producer Rosenblum Cellars for $105m (€71m).

SABMiller goes for Grolsch in premium pay-off bid

SABMiller has today received the support of Koninklijke Grolsch's management to move ahead with a proposed €816m acquisition of the Netherlands-based brewer's operations.

Global consumers steer towards premium beer

Sales of premium beer continue to outgrow globally over private label and discounted varieties, according to the latest findings by beverage research group Canadean.

Innovation to boost premium soft drinks, says Britvic

Consumer trends for health and indulgence are expected to drive "significant" growth in premium soft drinks over the next five years, the marketing head of Britvic has said.

Weekly Comment

Putting a premium on substance over style

Food producers are flogging the term 'premium' for all it's worth, threatening to flood a market that relies on exclusivity for its success with well-packaged tat.

Pernod profits boosted by 'premiumisation'

A shift towards higher sales of premium products has helped France's leading drinks group Pernod Ricard to post a 5.1 per cent increase in net profits for 2004, shrugging off...

InBev shows strong growth as premium focus pays off

InBev is already beginning to see the benefits of last year's merger of Belgian brewer Interbrew and Brazil's AmBev, with volume sales in 2004 growing at more than twice the...

Brewers to focus on premium brands, cutting costs

Three of Europe's biggest beer makers have reported mixed results this week, with Scottish & Newcastle, Carlsberg and Heineken all underlining the need to cut costs and increase advertising expenditure,...

Cerestar pushes ingredient for premium bottled beer

As growth in the premium bottled beer sector gallops ahead overall beer consumption in Europe brewers are driving innovation in the ingredients sector, encouraging firms to come up with novel...

Premium growth for New World wine makers

Overproduction by New World wine producers has pushed down prices over the last few years, taking a major toll on producers' margins. But a growing trend towards premium wines could...

Virgin opens premium front in US cola war

The US cola wars have traditionally been fought on just two fronts - Coca-Cola holding one and PepsiCo the other. But now a new player is about to join the...

Baltika driving Russian premium beer growth

Brewers targeting the Russian beer market are increasingly shifting their focus to premium lager, despite the fact that large numbers of Russian consumers still cannot afford to buy it -...

Russian beer market turns to premium brands

As the days of blindingly fast growth in the Russian beer industry begin to ebb away the market is starting to show signs of maturity. In turn it is the...

Smaller variant for premium malt

Rockware Glass has produced the 50cl bottle for Scottish Prince 12-year-old malt, the flagship blend of Speyside Distillers. The bold design features a deeply debossed...

Premium drinks continue to boost Diageo profits

The core premium drinks business of Diageo, the world's largest spirits company, again proved the main driver of growth in the first half. The company,...

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