Domestic beer consumption in the US has fallen over the last two decades while China’s interest in American beer has spiked. Budweiser sales finally flipped in China’s favor in the first half of 2018 and the trend is expected to continue.
Chicago-based Napa Hills turned wine into water last year when it launched two flavors of antioxidant-enriched functional water. It’s now expanding outside of Illinois and considering more flavors for 2019.
The European Bank for Reconstruction and Development (EBRD) is providing Egyptian dairy and juice producer, the International Company for Agricultural Industries Projects, S.A.E (Beyti), with a $44m loan.
The first four months of the UK’s sugar tax has failed to create any significant change in consumer behaviour; but it has encouraged widespread reformulation and the proliferation of lower sugar options, according to Nielsen.
Philippine conglomerate San Miguel revealed that it is preparing to sell a 20% stake in its food and beverage business unit, valued at around $1.7bn, on the same day it posted promising half-year figures.
Washington state produces about 60% of the country’s apples, resulting in a flourishing market for hard cider. As public demand for cider options continue to grow, creating an experience and showcasing diversity in the category will be the key to success,...
Ardagh Group discussed the environment and sustainability in its Q2 2018 financial results conference call recently, claiming it is working on improving and increasing the use of recycled materials in its Glass Packaging business in North America.