Coca-Cola Hellenic Bottling Company will switch to 100% renewable electricity, increase rPET use and invest €250m ($289m) in emissions reduction initiatives as part of its pledge to reach net zero emissions by 2040.
New Zealand’s first locally mass-produced oat milk brand Boring Oat Milk has its eye on the discerning APAC-wide coffee crowd after a successful domestic supermarket launch, and is confident that its ‘whisper, not shout’ strategy will stand out on shelves.
Higher prices for popular PepsiCo beverages and snacks currently rolling out in stores now and in the coming weeks are likely only the beginning, as the CPG giant revealed today that it is mulling another round of increases that will likely go into effect...
Boston-based startup Slate Milk – maker of ultra-filtered, high-protein, lactose-free chocolate milk in shelf-stable cans - has raised an additional $3.3m in a seed round backed by the founders of RXBAR, Halo Top, Drizly, Yasso, and consumer-focused investment...
Karma Water – a US brand which Constellation Brands has a minority stake in – has launched Karma CBD Water: the first such beverage in its wellness and probiotic waters beverage portfolio.
Working in the Canadian craft beer industry, Upstreet Craft Brewing’s founders found there were always plenty of opportunities to have a beer. When this started to take its toll, they used their craft expertise to create a non-alcoholic brew. Now they...
Diageo will expand its manufacturing footprint in Mexico with an investment of more than $500m in new facilities in the State of Jalisco: supporting the company’s growth in the tequila category.
Philippines-based coffee firm Varacco is looking to give instant coffee makers a run for their money with their patented ‘dip’ coffee products, which boasts the benefits of pure coffee with added convenience.
Coca-Cola is introducing ‘Real Magic’, a new global brand platform for the Coca-Cola Trademark; and debuting a new campaign ‘One Coke Away From Each Other’.
UK soft drinks manufacturer AG Barr is seeing markets return to normal: and expects to see full year profit performance come in slightly ahead of 2019/20 pre-COVID levels.
Japanese brewery giant Sapporo is debuting its first hard seltzer products and a beer-like beverage across supermarkets and convenience stores nationwide, as it looks to strengthen its home-consumption portfolio amid the COVID-19 pandemic.
With acquisitions such as Rabbit Hole and TX, Pernod Ricard USA is building a ‘new-fashioned’ whiskey portfolio: with the focus on pushing boundaries rather than adhering strictly to tradition.
New Zealand start-up Terps & Co believes it has created the world’s first non-alcoholic terpene spirits to help people ‘lose the booze but not the feels’.
Herbalife has positioned its new APAC-focused iced coffee range as both a healthier alternative and as an ‘ideal snack’ product, in hopes of appealing to younger, health-conscious consumers.
PepsiCo has unveiled a new data platform dubbed ‘pepviz’ enabling it to collaborate with retail partners to develop a more granular, targeted, and ‘hyperlocal’ approach to product assortment, digital marketing and inventory management that has already...
PepsiCo’s new SodaStream Professional platform will expand into functional beverages and new markets as part of PepsiCo’s company-wide pep+ program: a ‘strategic end-to-end transformation with sustainability at the center’.
Full Sail IP Partners, a Warburg Pincus-backed investment firm set up to acquire brands, has bought the Odwalla juice and smoothie brand from Coca-Cola - which discontinued it last year - for an undisclosed sum.
A brewery-backed online platform providing information, ratings and reviews on craft beer in China is on a mission to grow the category, which currently accounts for just 1.5% of brews sold in the country.
Diageo has made a minority investment in Komasa Kanosuke Distillery, a producer of ultra-premium single-malt whiskies, through accelerator Distell Ventures.
For a company with an over 90-year history, Ocean Spray is still in its early days of tapping into the kids beverage category with its Growing Goodness line, a functional line of kids juice products with no added sugar.
Singapore-based company U-Group Holdings is eyeing exports of its instant beverages and sauces in Central Asia and ASEAN, following its launch in China and Uzbekistan last year, with profits used to aid its charity endeavours at home.
New Zealand alcohol-free ready-to-drink (RTD) spirits firm AF Drinks has its eye on the Asian market after securing significant domestic retail success within a year of launch.
Australian probiotic brand PERKII has seen steady sales of its probiotic beverages amid the pandemic, boosting the firm’s confidence in its overseas expansion plans.
Poppi, an emerging prebiotic soda brand, has closed a $13.5m funding round led by CAVU Ventures and further backed by a star-studded investor pool including Ellie Goulding, Halsey, Kevin Love, and Olivia Munn, which will go towards supporting the company's...
Carlsberg Malaysia has posted a highly cautious outlook for the rest of 2021 despite successfully growing its net profits in the first half of the year, citing ongoing COVID-19 restrictions in Malaysia and impacts from its enforced brewery closure.
By Michelle Norman, director of external affairs and sustainability at Suntory Beverage & Food GB&I
The soft drinks industry has a big part to play in ensuring it both reduces water usage and increases the efficiency of water intensive processes. Michelle Norman, director of external affairs and sustainability at Suntory Beverage & Food GB&I,...
Koia, which launched with plant-based protein shakes in 2016 sold at Whole Foods stores, has unlocked exponential growth in the mass channel with its low-sugar smoothie line that founder and CEO Chris Hunter says is the company's "best performing...
Louis Dreyfus Company has signed a joint venture agreement with private label coffee company Instanta to build and operate a freeze-dried instant coffee plant in Binh Duong province, Vietnam.
Major Thai beverage company Osotspa said that the popularity of vitamin C drinks and related products have cushioned weak convenience store sales in the country.
First Bev has acquired a controlling stake in kombucha brand Health-Ade with additional investment from Manna Tree and Vail. Financial terms of the transaction were not disclosed.
PepsiCo wants to become ‘net water positive’ by 2030, meaning the beverage giant will replenish more water than it uses to produce its food and beverage brands.
Vietnamese dairy giant Vietnam Dairy Products JSC (Vinamilk) has partnered with Del Monte Philippines Inc. (DMPI) on a joint venture in the Philippines.
Kirin is adding the immune-boosting ingredient Lactococcus lactis strain Plasma (Lc-Plasma) into its flagship milk tea and green tea products, with the firm banking on the health angle that has driven the success of its iMuse functional brand to halt...
UAE speciality coffee roastery Emirati Coffee a is switching to a 50-50 strategy combining retail and food service on the back of strong online sales amid the COVID-19 pandemic.
The UAE’s largest soda firm International Beverage and Filling Industries (IBFI) has expanded its beverage portfolio with a premium soda range as it strives to compete with global players.
UK-based Sleep Well Milk is set to launch its functional dairy milk for the first time in Asia later this year, with Hong Kong and South Korea the firm’s first two targets.
