China Foods will sell all its wine and non-beverage business to its parent Cofco for HKD5.1bn (US$649m) after years of poor performance and gloomy forecasts for future business.
Tech has infiltrated the homebrewing space with digital tabletop brewing devices poised to be the next frontier of the beer industry as consumers look for a more personalized beer drinking experience, says Euromonitor senior alcoholic drinks analyst Spiros...
Beverage startup Poppilu hopes its antioxidant lemonade can establish a strong foothold in the Midwest region where it sources its powerhouse ingredient for its lemonade products, the Aronia berry.
SomruS, a Chicago-based line of liqueurs, has secured $3.6m in growth funding from venture capital firm, Cleveland Avenue, and aims to achieve US national distribution in 2018.
Eggs are a great protein source but processors lack innovation when creating new convenience formats, says the founder of Peck, whose egg-based beverage packs a nutritional punch that beats highly processed plant or whey protein.
Ocean Spray has launched a line of organic 100% juice blends, along with a “pure” unsweetened 100% cranberry juice drink, in order to tap into a more health-conscious audience.
Australian craft brewer Feral Brewing Company has been sold to Coca-Cola Amatil, allowing the brewer to access the beverage giant’s distribution network and ‘put its beers in front of thousands more craft beer consumers’.
Bulk water has benefited from the accelerated growth of the global bottled water category which is projected to more than double in value to $350bn by 2022 (according to Allied Market Research) and physical store retailers are in a unique position to...
PepsiCo’s Indian arm expects to sell off its bottling operations to franchisees in the south and west of the country in a bid to divest of its most difficult markets.
