Nestlé will invest up to CHF 2bn to create a wider market for food-grade recycled plastics and will reduce its use of virgin plastics by one third as part of efforts to make 100% of its packaging recyclable or reusable by 2025.
Following the summer of hard seltzers in 2019, White Claw’s popularity is expanding in 2020. It announced plans for a new facility to keep up with demand for the drink, and the brand will sponsor one of the biggest American festivals of the year.
Many may recognize Nestlé Waters North America’s delivery service, ReadyRefresh, for its 5-gallon water jugs delivered to virtually every corporate office that has a water cooler, but the service is expanding into several burgeoning beverage categories...
PepsiCo’s direct operations will soon be powered by 100% renewable energy in the US. “We have entered a decade that will be critical for the future of our planet’s health,” says the beverage and snack giant.
Wine organizations in the EU and US have signed a statement of principle on trade and tariffs: highlighting the importance of the transatlantic wine trade and calling for the immediate elimination of all tariffs on wine.
An Oxford University study has found the total amount of sugar sold in soft drinks in the UK dropped by 29% between 2015-2018. “Sustained pressure on business, including fiscal measures, has led to a striking reduction,” say the researchers.
US consumers spent $2.6bn buying alcohol online last year, but experts say it could be billions more. Alcohol ecommerce penetration is ‘abysmally low’ which Rabobank believes could have 'profound consequences' on the industry.