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.
Nestlé has seen double-digit growth in coffee, where its brands have been boosted by at-home consumption under global COVID lockdowns. As we emerge into the ‘new normal’, what’s the outlook for the category?
As difficult as navigating shifting consumer demand and strained supply chains was immediately following the coronavirus outbreak in early 2020, the hardest part may still be ahead for the food and beverage industry as the uneven recovery and ongoing,...
As Danone continues to expand its high-growth plant-based beverage business, the company intends to broaden the fixture’s appeal to the majority of consumers ‘not in the category’ through the development of new technologies that deliver ‘dairy-like’ drinks.
America’s Athletic Brewing Co. is expanding internationally, most recently with its launch in the UK. It believes its craft core will help it stand out in an increasingly crowded market.
Despite the ongoing impact of the pandemic, AB InBev saw top-line growth of 3.2% ahead of the same quarter in 2019. “We remain focused on investing in and accelerating what is already working: category development, premiumization, health and wellness,...
US retail sales of packaged tea have been sluggish in recent years, with Nielsen data* showing a flat market until 2020, when covid prompted a 16.8% surge, before everything slowed back down again. Celestial Seasonings, however, has maintained double-digit...
Building on a global coffee alliance formed in 2018, Nestlé and Starbucks have announced a new collaboration to bring Starbucks RTD coffee drinks to select markets in Southeast Asia, Oceania and Latin America from 2022.
Coca-Cola’s Topo Chico Hard Seltzer has entered a buzzing – but also competitive – hard seltzer market. What has the company learned from its first months in the US and other markets? And with the brand representing Coca-Cola’s first global push into...
Swedish-based food start-up Veg of Lund has teamed up with Professor Eva Tornberg at Lund University to introduce a plant milk made with the humble potato.
The Coca-Cola Co. plans to build on the strong momentum in its second quarter that allowed it to raise its full-year guidance by intensifying the amount and efficacy of promotions going forward and continuing to innovate with a ‘disciplined approach to...
Huel has set its sights high for on-the-go sales as it announces the inception of its own vending machines in the UK's biggest airport as well as the launch of its products across 500 major supermarkets.
More than two and a half years after teasing the launch of Nitro Pepsi – a cola carbonated with nitrogen instead of carbon dioxide creating a velvety, smooth texture – PepsiCo says it is putting “the finishing touches on our roll out plans.”
Three high-profile acquisitions put the spotlight on how PepsiCo is shaping its beverage portfolio for the future: tapping into a new consumption model with SodaStream; eying up the opportunity for protein and sport with CytoSport, and building its presence...
Beam Suntory and The Boston Beer Company have formed a long-term, strategic partnership to extend select brands: starting with expanding Sauza tequila further into RTDs and Truly Hard Seltzer into bottled spirits.
Typhoo Tea Ltd, maker of brands such as Lift and Heath & Heather has been acquired by private equity firm Zetland Capital, enabling it to invest in production and boost jobs.
Suja Juice, which helped mainstream the cold-pressed juice category, has been acquired by private equity firm Paine Schwartz Partners for an undisclosed sum, following a year of "unprecedented revenue and profit."
Having launched during the pandemic with a strong focus on the off-trade, one of the opportunities for Bud Light Hard Seltzer moving forward will be the on-trade. New product innovations are also set to follow.
Common shares in naturally alkaline spring water Flow Beverage Corp. began trading on the Toronto Stock Exchange today (ticker symbol 'FLOW'), following the company’s reverse takeover transaction via a three cornered amalgamation with RG One...
A New Zealand firm producing gin from Damson plums is expanding into the functional health foods space and has received funding to research and develop nutrition products based on its high amounts of anthocyanins.
PepsiCo’s net sales surged 20.5% to $19.22bn in the firm’s second quarter, zipping past expectations of $17.96bn, thanks in part to increased consumer mobility boosting demand for the firm’s iconic beverages at restaurants, events and across channels...
Nestle Indonesia has high hopes for the prospects of the growth of the ready-to-drink (RTD) beverages segment in the country, having recently broken grown on a new factory dedicated to beverage production.
Yakult has detailed its plan to achieve net zero carbon emissions by 2050 through its newly established Environmental Vision 2050, which will also include efforts to reduce plastic packaging by 30% by 2030.
Molson Coors will concentrate its efforts on 'red-hot' Vizzy and Topo Chico hard seltzers as it makes the decision to discontinue Coors Seltzer in the US.
As the #1 selling brand in Australia, New Zealand, and the UK, and the fourth largest kombucha company globally, producing more than 90 million cans per year, Remedy Drinks is seeking to replicate its success in the US market where it says consumers are...
If you took the best of Bai, the best of Vitaminwater, and the best of Gatorade, and made it organic, you would have ROAR, says CEO Alex Galindez, who is applying a new distribution and marketing playbook to the five-year-old brand.
Olipop – a functional beverage brand forging new territory in the soda category with 9g fiber per can – is on course to more than triple revenues this year vs 2020, says co-founder Ben Goodwin, who launched the brand with David Lester in late 2018.
The ‘dry movement’ is gaining momentum in Asia alongside a rising demand for non-alcoholic RTD cocktails as consumers seek out more mindful drinking options, according to one of the category’s pioneers - Lyre’s.
PepsiCo has released its 2020 Sustainability Report, which outlines the progress of its social and sustainability agenda across its supply chain during what was a tumultuous year.
Harmless Harvest and majority stakeholder Danone Manifesto Ventures (DMV) are exploring opportunities to take the organic coconut water into international markets, says CEO Ben Mand, who says the San Francisco-based brand also has the potential to stretch...
After a ‘hectic’ year in which sales outpaced expectations, the premium coffee brand Nespresso is shifting its business strategy and operational focus to better highlight and accelerate its fundamental belief that carefully crafted, high-quality coffee...
The bottled water division of Nestlé says that from 2025 onwards, it will help nature retain more water than its business uses in its operations. FoodNavigator finds out what this means in practice.
Wildland Coffee has launched its first product, coffee in a tea bag, targeting outdoor enthusiasts and potentially, the broader audience of on-the-go consumers who may not have the time nor access to coffee-making equipment while on the move.
Stevia-sweetened zero-calorie beverage brand Zevia – which first hit the market in 2007 – enjoyed a stellar year in 2020, increasing net sales by 29% YoY to $110m, while increasing gross margins from 43% to 45%, according to a prospectus released ahead...
Princes has finished the first phase of a £60m investment in its Cardiff soft drinks factory – the largest spend on that division, which will take the company into new markets.
Cactus water brand Pricklee is carving out a spot in the plant water category largely dominated by coconut water with a product it says delivers a more approachable taste profile, with half the sugar and calories than leading coconut water brands.
Ocean Spray has hired former Coca-Cola Company vice president & general manager of its multi-billion-dollar water portfolio, Celina Li, to lead the cranberry cooperative's international expansion efforts and global business-to-business ingredients...
