PepsiCo is sticking with its fiscal 2024 guidance, after releasing its first-quarter results yesterday, which showed fresh challenges for the food and beverage giant as volumes decreased across its core US businesses amid fierce competition and ongoing...
Microsoft and The Coca-Cola Company have announced a five-year strategic partnership: which will see the companies jointly experiment with new tech such as Azure OpenAI Service.
Investment in technological and digital upgrades coupled with new product launches and sustainability advances have been underlined by Carlsberg Malaysia as it seeks to ‘future-proof’ its business.
This round-up looks at how international and regional health and nutrition companies have fared in their latest financial performance, featuring insights from Danone, Unilever, Otsuka, Kirin, and The a2 Milk Company.
Concerns over the ‘health quality’ of Nestlé bottled water brands Perrier, Vittel, and others, have been raised by France’s food agency, according to a leaked report.
Singapore-based Lion Brewery has launched its pioneering nitrogen-infused stout in a canned format to cater to easier at-home consumption, as it looks to give market leader Guinness a run for its money.
With on-the-go single-serve bottle sizes representing the largest volumes of products sold, The Coca-Cola has turned its attention to light-weighting these sizes. The result? Annual plastic savings which equate to 800 million bottles a year, according...
Dietary supplementation with trigonelline, a compound found in fenugreek seeds and coffee beans, may boost NAD+ levels, enhance muscle strength and prevent fatigue during aging, says a new study from Nestlé Research.
In a case that has revolved around the definition of ‘beer’, a US appeals court has ruled that Constellation Brands may continue selling Corona and Modelo branded hard seltzers.
On a trajectory to become one of PepsiCo’s next billion-dollar brands, bubly has been making a splash as a fun-loving sparkling water brand. New launch bubly burst is set to expand the brand’s appeal by tapping into a market of consumers looking for stronger...
Carlsberg Malaysia is optimistic about its chances to conquer the country’s premium Japanese beer market this year with new partner brand Sapporo, with the latter formally replacing Asahi as the firm’s major premium Japanese offering since January 2024.
The largest bottled water company in the world is being accused of selling bottled tap water as mineral water and using illegal treatment methods to do so.
PepsiCo is expanding beyond snacks and beverages by going after more meal occasions and dayparts while continuing towards its nutrient goals outlined in its pep+ agenda, CEO Ramon Laguarta said at the Consumer Analyst Group of New York conference this...
Molson Coors has big plans for Madri Excepcional: a Spanish-style lager that’s growing fast in the UK and will now launch in North America. Meanwhile, the company is updating the Blue Moon brand to help it reach its potential; as well as debuting further...
PepsiCo’s net sales declined for the first time since the start of the COVID pandemic due to lower volumes as consumers pushed back against higher prices, and supply-chain issues, the company reported Friday in its fourth quarter and 2023 full-year results.
PespiCo’s flagship energy drink – Rockstar Energy – is out with a new functional mushroom-infused beverage line called Focus, designed to provide an energy and mental boost, Danielle Barbaro, VP of PepsiCo North America Beverages R&D, told FoodNavigator-USA.
Diageo’s first half results for fiscal 24 were dragged down by a 23% drop in Latin America sales. What happened – and how will the company shift its strategy moving forward?
With climate change exacerbating water stress and scarcity, Coca-Cola Europacific Partners is backing new tech solutions to help future-proof the beverage industry.
The dairy major is supporting a new study into the efficacy of a red seaweed oil extract that could be less carbon-intensive to produce whilst also capable of reducing enteric methane by up to 80%.
Diageo’s new Breakthrough Innovation Team is tasked with pushing innovation beyond product development, and into new areas such as AI and next-generation technologies.
Global drinks firm Diageo has announced an open innovation call for solutions that can lessen and better manage the water used across its supply chain.
Collaborations with Snickers, Twix and Milky Way have helped Keurig Dr Pepper find a winning strategy for flavored coffee: combining its expertise in coffee with imaginative flavors and the brand equity of some of America's best-loved indulgent brands.
Diageo and Sean 'Diddy' Combs have agreed to resolve all disputes over DeLeón tequila and Ciroc vodka: with Diageo taking on sole ownership of the DeLeón tequila brand.
Having unveiled a new logo and visual identity system in the US last year, Pepsi is now rolling out its new look globally in a bid to appeal to younger consumers and help ‘shake up the cola category’.
Carlsberg Marston’s Brewing Company (CMBC) has invested more than £10m in the modernisation of its filling and packaging equipment at its Northampton Brewery in an effort to make its production operations more sustainable.
Nestlé Vietnam will use a $100m investment at its Tri An coffee factory to increase production capacity: helping the company meet growing local and international demand for brands such as Nescafé, Nescafé Dolce Gusto and Starbucks.
Nestle Vietnam is banking on the rising demand for convenient beverage options in the country to drive the growth of its newest Nescafe format innovation, a ready-to-serve liquid concentrate.
Beer is booming for Constellation Brands: but the picture is less rosy when it comes to its wine and spirits division. The company is confident, however, in its strategy to focus on the luxury and premium segments.
European supermarket giant Carrefour has stopped selling PepsiCo products in France, Belgium, Italy and Spain: citing 'unacceptable' price increases from the American drinks and snacks giant.
PepsiCo is using Rockstar Energy as the core of its energy-drink strategy, while leveraging its partnership with Celsius to tap into leading consumer trends, Fabiola Torres, GM & CMO, SVP Energy Category at PepsiCo, told FoodNavigator-USA.
The Frito-Lay brand has collaborated with Danish flavour innovator Empirical to launch Doritos Nacho Cheese Spirit – a limited edition, multi-sensorial experience that really tastes like nacho cheese.
Diageo and circular economy tech company ecoSPIRITS are taking their reusable spirits packaging partnership global: turning to the ‘lower carbon, lower waste’ tech for Gordan’s, Captain Morgan and Smirnoff.
Nestle’s star coffee brand Nescafe believes that its keystone soluble coffee products continue to play a crucial role in recruiting and converting consumers in the Asia Pacific region to enter the wider category.
Bacardi has announced the successful completion of the world’s first commercial production of glass spirits bottles fueled by hydrogen, in a trial that took place earlier this month.
One in four UK coffee drinkers have ‘no idea’ where their coffee comes from; while one in 20 even believe it is farmed in the UK, according to a survey from Nestlé.
Global food and beverage conglomerate Nestlé injects multi-million-pound investment into Impact Recycling’s pioneering facility to progress hard-to-recycle plastic management and create positive environmental change.
Coca-Cola Europacific Partners (CCEP) and Aboitiz Equity Ventures (AEV) will jointly acquire Coca-Cola Beverages Philippines, the companies announced this morning.
Environmental and consumer rights organisations are taking legal action against Nestlé, Danone, and The Coca-Cola Company, over recyclable claims made about their plastic bottles. They have raised an external alert to both the European Commission and...
Research showing consumer preferences for sweetness intensity may not be as easy to reduce as their preferences for sodium suggests a “stealth health” approach of slowly lowering added sugar across the food supply may not be an effective strategy for...
Bottle-as-a-Service platform and app Wecheer – whose patented ‘smart bottle opener’ can track every bottle opened to pinpoint the time, location and brand of consumption – has been named as the winner of Coca-Cola HBC’s €100k Start-Up Challenge.