JM Smucker is pulling back on prices for select brands while becoming more “surgical” about increases for others and investing in more promotions to drive growth by offering consumers some financial relief despite ongoing inflation and no competitive...
As adaptogens and mushrooms continue piquing the interest of health conscious and sober-curious consumers, the sparkling, functional mushroom beverage brand expanded its convenience and grocery retail presence so “more people are able to experience the...
Cannabis and consumer packaged good company Tilray Brands is acquiring the remaining 57.5% equity ownership of Truss Beverage Co from Molson Coors Canada.
Japan brewery major Asahi believes that upcoming local regulatory changes and global-scale events will serve as major catalysts to accelerate the growth of the beer category this year.
Cannabis and consumer packaged goods company Tilray Brands is acquiring eight beer and beverage brands from Anheuser-Busch – including Blue Point Brewing Company and 10 Barrel Brewing Company – in a move that will catapult it into becoming the fifth largest...
Hamada Syuzou recently launched its craft gin that introduces local botanicals to its traditional alcoholic beverage range, and says that high-quality ingredients alongside its product versatility can drive greater global appreciation for Japanese-made...
Kirin has introduced a version of its immune care postbiotic drink with 50% less calories, claiming to make it more accessible for health-conscious consumers without compromising on taste.
From convenience to function, packaging and more sustainable decaffeination processes, coffee, particularly RTD, is becoming more differentiation then ever before, Sarah Merritt, VP extracts and ingredients at Westrock Coffee explained to FoodNavigator-USA...
Kids fruit juice drink pouch company Capri Sun Group Holding AG will take back the sales and distribution of its pouch drinks in France, Monaco, Great Britain, Netherlands, Belgium, Luxemburg, Sweden, Spain, and Portugal in 2024: ending a sales and distribution...
Coca-Cola Europacific Partners (CCEP) has, together with Aboitiz Equity Ventures, entered into a Letter of Intent to jointly acquire Coca-Cola Beverages Philippines from The Coca-Cola Company.
Kraft Heinz is stirring up its 130-year-old Maxwell House brand with new cold beverage innovation in the instant-coffee segment and a new look and feel to hit store shelves in 2024, the company’s director of coffee innovation and white space for North...
The Coca-Cola Co. will continue to raise prices in the second half of the year in select markets after volume stabilized and sales rose in the period despite earlier price hikes and growing consumer price consciousness, executives said yesterday during...
Alcohol contributes to the flavor, body and mouthfeel in traditional alcoholic beverages – so what happens when you take that away? In a category that has been plagued by perceptions of flavor inferiority, we explore how alcohol-free brands are innovating...
Ukraine’s Nemiroff Vodka is banking on its premium vodka offerings made via a combination of multiple filtration stages and high-quality wheat to expand its progress into major targets in the Asia Pacific region.
New Zealand mead brand Lone Bee is hoping to strengthen its exports to South East Asia by entering a major supermarket, and is on the lookout for regional partners for potential new flavour collaborations.
Keurig Dr Pepper and La Colombe have announced a strategic partnership: including a long-term sales and distribution agreement for La Colombe ready-to-drink coffee and a long-term licensing, manufacturing and distribution agreement for La Colombe branded...
Gipsy Hill Brewery claims a world first in creating carbon negative beers without the use of offsets. And the concept, based on regenerative farming, could go well beyond its pints served in London. “By truly embedding sustainability into our brewing...
Indonesian specialty coffee brand JJ Royal Coffee is looking to balance the authenticity of Indonesian coffee with localization trends to make its specialty products more accessible, as it eyes expansion in China, Japan, and South Korea.
Delhi-headquartered brewery Bira 91 has detailed how consumer demands for ‘healthier and more experimental’ products are guiding its innovation strategy, while also revealing its plans for a ‘premium’ Indian beer.
PRIME, a beverage brand by influencers Logan Paul and Olajide “KSI” Olatunji, tells NutraIngredients-USA that its energy drink, “complied with all FDA guidelines before hitting the market”, after Senator Chuck Schumer (D-NY) called for an FDA investigation...
Liqueur heavyweight Jagermeister is looking to broaden its market appeal to consumers beyond the college age group that it is conventionally associated with two new products.
Singapore organic juice brand WOLF + WALD says ‘affordable premiumisation’ is key to driving sales as it innovates with flavours ‘almost unheard of’ in the region.
Singapore upcycled beer brand CRUST Group has seen a CAGR of over 70% since its first year of business, which has catalysed its overseas expansion plans and diversification into categories beyond beverages.
A spinout from the University of Edinburgh, Exergy3, has been awarded £3.6mn in funding to trial its new decarbonisation technology at a Scottish whisky distillery.
Pernod Ricard has entered into an agreement in principle with Stock Spirits Group to sell the Clan Campbell Blended Scotch Whisky brand to the Polish spirits and liqueur company.
BrewDog Distilling Co is ‘on a mission to create a world-renowned Scottish spirits brand’: having announced a new portfolio, new distillery, and new CEO. The brand tells us how it intends to create ‘some serious tidal waves’ in the craft spirits industry.
Carlsberg Group has confirmed investments of 1.5 billion hryvnias ( €40m / $44m) for Ukraine in 2023, with a new production line at its Kyiv brewery which will increase the production capacity of canned products by 80%.
After overcoming a period of declining sales and discontinuation from retailers like Walmart and Walgreens, The Vita Coco co-founder and executive chairman Mike Kirban discussed the company’s operational strategy including brand exposure, reaching consumers...
Nestle has stressed that a range of regenerative agricultural strategies will be crucial to tackle coffee production and sustainability challenges in South East Asia.
Better-for-you beverage brand Swoon is kicking off summer with two new flavors of its zero-sugar beverage - a Barbie Pink Lemonade and Lemon Iced Tea & Raspberry Iced Tea - as the demand for zero sugar products increases, brand co-founder Cristina...
Drinks giant Diageo has accelerated the appointment of its first female chief executive, after current CEO Sir Ivan Menezes’ hospital recovery suffers a ‘significant setback’.
Already a cult-favorite among Gen Z coffee and tea drinkers who prize quality but also want a bit of whimsy, Chamberlain Coffee hopes to expand its appeal, distribution and usage occasions in the coming months with an infusion of $7m in follow-on series...
Delhi-based Rage Coffee has embarked on a ‘keep it simple’ strategy for its first RTD coffee launch as it seeks to tempt Indian consumers to the category and away from tea.
