Danish excise duties on confectionery, ice cream and soft drinks have been raised in 2013, making it "very difficult" to be a Danish food and drink company, according to leading domestic confectioner Toms.
Molson Coors does not contemplate making any major acquisitions in the short term but says it may examine small portfolio ‘in fills’ if the right transactions present themselves.
One top food attorney says he is not wholly surprised by Monster Beverage Corporation's decision to reclassify its energy drinks as beverages rather than dietary supplements, and that it will actually remove many US regulatory complications.
Diageo tells BeverageDaily.com it welcomes a US Federal Trade Commission (FTC) recommendation that high-alcohol malt beverage brand Four Loko carry 'serving fact' information on some cans, but urges regulators to allow the wider alcoholic drinks...
PepsiCo CEO Indra Nooyi says the firm has a ‘terrific position’ as the top food and beverage business in Russia, where 10% organic revenue growth in 2013 helped offset weaknesses in Western Europe.
SK Energy CEO Chris Clarke tells BeverageDaily.com about rapper Curtis ’50 Cent’ Jackson’s passion for their energy shot brand, and plans to cement the US No.2 spot by selling 40-50m units in 2013.
Dr Pepper Snapple CEO Larry Young warns that US health lobby attacks on carbonates will persist, as his firm gears up to spend millions marketing new 2013 launches on its ‘critical’ low-calorie TEN platform.
EFSA’s health claims panel has rejected 6 article 13.5 health claims for two digestion-focused probiotic submissions; cranberry and UTI; a potato extract and weight management; krill and menstrual discomfort; and fizzy water and GI response.
The chief executive of the Alliance for Beverage Cartons and the Environment (ACE) UK said everything was on track for the country’s first beverage carton reprocessing facility to come online from mid-2013.
Nestlé’s share price fell 2.3% on Thursday as the company announced its slowest growth in three years, with developing markets hit by natural disasters and continued market weakness in Europe and the Americas.
Uncertainties over the $2.2bn merger of AG Barr and Britvic remain, as the Office of Fair Trading (OFT) yesterday referred the deal to the UK Competition Commission, citing concerns over the closeness of Britvic brands Pepsi and Tango to Barr staples.
CONSTELLATION BRANDS APPEARS CLEAR WINNER UNDER REVISED DEAL TERMS
Anheuser-Busch InBev (AB InBev) has agreed to sell a massive Grupo Modelo brewery to Constellation Brands as part of a $2.9bn transaction, to defuse a US legal fight over its takeover of the Mexican brewer.
Growth in the US sports nutrition market has been pretty explosive in recent years, but the failure of high profile launches such as PepsiCo’s Gatorade G Series Fit range shows that even the biggest players sometimes get things badly wrong, says one market...
Ardagh Group says its new ‘ultra lightweight’ 275ml beer bottle produced for Anheuser Busch InBev brand Beck’s weighs 11% less than the original while retaining the same container strength.
Heineken said today it is reviewing its non-core European businesses that don’t focus fully on beer, and asking whether its ownership of such assets makes strategic sense.
China’s foodservice packaging market will become bigger than that of the US by 2020 at current annual growth rates, according to a report just issued by Smithers Pira.
Switching to natural colours can be an important product differentiator, as consumers around the world will always choose a natural product when given the option, says ingredient firm Chr. Hansen.
The European Sugar Users Association (CIUS) has criticised the European Commission’s out-of-quota sugar measures which it claims have left sugar users unable to plan ahead.
uk drinks firm upset by 'inaccurate' daily mail article
AG Barr tells BeverageDaily.com it is 'very concerned' by an inaccurate article in UK national newspaper the Daily Mail, claiming it prefers profit to consumer health by hiding sugar values on cans of IRN-BRU Regular.
The story of the death of a New Zealand woman who would drink between six and 10 litres of Coca-Cola a day needs to be treated with caution as it does the rounds of the world’s news media.
The Center for Science in the Public Interest (CSPI) has upped the ante in its crusade against sugary drinks with a petition calling on the FDA to reassess the GRAS (Generally Recognized as Safe) status of sucrose and high fructose corn syrup in beverages.
A new study provides “compelling” evidence that high fructose corn syrup (HFCS) and table sugar (sucrose) do not increase fat levels in the liver when consumed in ‘real-world conditions’, says it co-author Dr James Rippe.
The Coca-Cola Company insists it remains confident in the long-term resilience of its Chinese business, despite a 4% slump in volume sales during the last quarter of 2012.
It would take 354 cans of classic Coke to kill me, or alternatively 174 cans of Pepsi Max, according to a 'death by caffeine' calculator hosted on an intriguing US website.
Bacardi Bottling Corporation faces a fine of $192,000 after multiple OSHA citations for alleged safety violations, one of which led to a US young worker being crushed to death by a palletizer.
Rapid diagnosis tools to identify germs on the production line are being developed by scientists at the Basque CIC microGUNE cooperative research centre.
The fast-growing trend of natural colouring has required new approaches to emulsification – particularly for beverages, says Naturex business manager Amandine de Santi – and it is an area of ongoing research.
A small minority of energy drink consumers regularly drink more than one can/shot in one sitting; the peak time for knocking back an energy drink or shot is 3-9pm; and the most popular energy drink combo is Red Bull and 5-Hour Energy.
PepsiCo brand Mountain Dew will launch a new fruit juice and coffee-based drink across the US from February 25 to provide a morning ‘pick me up’, and tap a key 2013 ‘natural energy’ trend.
Diageo is in an arguably stronger market position than multinational peer SAB Miller due to its core exposure to spirits rather than beer, according to one City analyst who covers the firm.
The latest financial results by two of India’s spirits giants makes for fascinating reading and gives a real insight to casual observers as to the state of the drinks industry in the country.
Forbes Medi-Tech has signed a three-year licence and supply agreement to grant Del Monte Pacific with exclusive rights to manufacture and sell food and beverages featuring the Reducol name across the Philippines, South Asia and Myanmar.
TWININGS JOINS MILE-HIGH TEA CLUB WITH BRITISH AIRWAYS
Twinings has developed a new Signature Blend of tea with British Airways (BA) that took to the skies at the start of February and is specially designed to taste better at 35,000 feet.
The UK’s largest private brewer, Wells & Young’s, says that investing in new coding and marking technology from Domino has enabled it to significantly cut costs and increase productivity.
Coca-Cola Enterprises CEO John Brock says that GSK’s decision to start a strategic review of Ribena and Lucozade is an ‘interesting development’, while the firm plans to relaunch Vanilla Coke in Great Britain this year.
Few would-be food engineers are “willing to really roll up their sleeves” and engage with unskilled and semi-skilled operators, the boss of Nestlé in the UK and Ireland said.
A proposal to allow recipients of Proposition 65 notices to avoid legal threats and hefty fines if they correct violations within 14 days has been introduced to the California State Assembly.
GlaxoSmithKline (GSK) has launched a strategic review of its Lucozade and Ribena brands, hinting that the western-facing brands do not fit its increased focus on emerging markets such as China and India.