Carlsberg Malaysia has retained a cautionary outlook for the company’s overall growth citing concerns over inflationary and taxation pressures, despite announcing year-on-year growth of over 200% in net profits in its Q3FY2022.
Shoppers at Sprouts Farmers Market may be putting fewer items in their cart per visit to manage their budgets as inflation drives up prices but what they are buying tends to be higher margin grab-and-go items illustrating the need for convenience as on-the-go...
What's piquing the attention of BeverageDaily readers? From new breweries to notable acquisitions, here's a round-up of our most-read articles from October.
Food tech startup Better Juice has opened its first full-scale manufacturing plant to enable commercial production of its patented sugar reduction technology, which can reduce sugar content in juice products by 30-80%.
Vietnam-based fruit multinational Les Vergers du Mekong is banking on its centralised production location and fresh fruit-only guarantee to expand its presence in retail markets across Asia, on the back of a successful leap from HORECA to modern trade...
Post-pandemic, consumers are back to leading busy lives and are looking for functional beverages accordingly: whether that be energy to power through the day or something calming for the evening.
Europe’s consumers are displaying signs of severe ‘inflation fatigue’ as they face a declining standard of living that is forcing a range of coping behaviours not seen since the austere late 70s and early 80s, warns a sobering report from IRI.
After five days of showcasing food and beverage products from around the world, SIAL 2022 in Paris has come to a close. FoodNavigator was on the ground, meeting with newcomers and category leaders alike to discuss trends, new product development, and...
Independent craft brewers in the UK dramatically expanded their routes to market through online webshops, taprooms and independent off-trade during the pandemic: all likely to become a ‘permanent additional string to independent brewers' bows’.
The 100+ Accelerator wants to help sustainably-focused start-ups make a real difference in the supply chain. Representatives from AB InBev and Coca-Cola explain how in this Rabobank Liquid Assets Podcast.
Beverage giant Suntory believes that a focus on ‘forward-looking’ sugar reduction will remain crucial for firms to overcome the risk of sugar taxes and achieve significant, long-term growth in the region over the coming few years.
Johnnie Walker believes that post-COVID-19 innovation within the alcohol industry now needs to move beyond flavour variation and to focus more on digitalisation, globalisation and sustainability aspects to satisfy consumer demands.
In a new survey, 72% of Americans say they are more likely to buy bottled water from brands using recycled content in their packaging than those that don’t. And despite the rise in canned water brands, the majority of consumers still look to buy products...
Unusually for a premium whisky business Penderyn is not based in Scotland or Ireland, but in the Welsh Valleys. FoodNavigator caught up with the craft distiller to learn more about the unique nature of single malt Welsh whisky.
Premiumization has been key in the low and no alcohol category to date. With the cost-of-living crisis, does this open up opportunities for the low and no alcohol category to develop products in the economy space?
While hard seltzer has been in the limelight over the last few years, cocktails and long drinks are forecast to command a greater share of the RTD category by 2026 with premium and fuller-flavored drinks driving forward innovation.
What’s piquing the attention of BeverageDaily readers? There’s a lot of interest in the growing low to no alcohol market – whether that’s stocking supermarket shelves or catering for non-drinkers at events. Meanwhile, readers are keen to keep up with...
Female consumers have been acknowledged as one of the next big target demographics for the alcohol industry in China, with many firms increasing their innovation focus on flavour variety expansion and ingredient localisation in hopes of tapping this relatively...
Independent UK chocolatiers Cocoa Canopy is upping the drinking chocolate category with a new range that crafts unique fine chocolate beads, for a superior, more intense drink.
Multi-sensorial food experiences offer the chance for food and beverage brands to create better product experiences at a time they’re needed more than ever, FoodNavigator hears.
The UK has been pioneering the no and low alcohol category: so London's Low2No Bev show offers the perfect occasion to see how the category is evolving. From functional drinks to new tech, we take a look at some of the latest innovations in the category...
The acceptance of non-alcoholic alternatives is growing. And yet at formal occasions, alcohol-free consumers are still likely to find themselves with a warm glass of orange juice served at a side bar while champagne and wine flows freely for everyone...
Reformulation and new production development of dairy products, dried foods, bakery and snacks, along with beverages, are driving stevia growth in China and the wider Asia Pacific region, claims global ingredient firm Tate & Lyle.
Adult sodas are receiving strong retailer backing and shelf space in the APAC region on the back of the rising alcohol moderation trend, but the sector still needs to navigate serious challenges in the form of rigid consumer habits and pricing pinch points.
Functional beverage brand Recess (tagline: ‘We canned a feeling’) has picked up a flurry of new accounts for its magnesium- and adaptogen-infused Recess Mood sparkling beverage line, and predicts it will increase distribution from 4,000 to 8,000 stores...
South Korea is looking to upgrade the local traditional liquor sector from both a regulatory and marketing perspective in order to better capitalise on the Korean Hallyu wave.
Could agave shortages and rising production costs stop the trending drinks in its tracks? The good news is that agave alternatives are ready to step in and fill the gap.
The US coffee market is now entering its fourth wave driven by Gen Z's 'easy-going' approach to coffee and surging demand for at-home specialty coffee drinks, according to Mintel.
Tequila, mezcal and whiskey are booming in the on-premise. John Barrett, Chief Commercial Officer at Pernod Ricard USA, looks at the trends as the channel continues to recover from the pandemic.
The juice industry in the Middle East is being driven by demands for no added sugar products in the wake of rising health consciousness and government ‘sin taxes’, along with major brand efforts to make them affordable to the mass market.
CPG companies and retailers should brace for softer sales in 2023 by leaning into the strategies they used during peak-pandemic as the US tiptoes around a recession and the shields protecting consumers from feeling the full brunt of the current economic...
Without the resources or knowledge to strategize, create, mint and distribute an NFT collection, smaller brands still remain intimidated by the idea. But NFT agency Myntr likens the ascension of NFTs to that of eCommerce: initially used by big brands...
Nestlé is dipping a toe into the increasingly crowded but still highly fragmented and nascent animal-free dairy category by teaming with startup Perfect Day to use synthetic biology to create a milk-like beverage from genetically engineered microflora...
North Carolina based Elo Life Systems aims to commercialize a new natural high-intensity sweetener “inspired by monk fruit” in 2025 that boasts a “cleaner” taste profile, more affordable price tag, and a higher sweetness intensity than monk fruit extracts...
Scotch Whisky distillers have called for the new Prime Minister Liz Truss and Chancellor to back the industry in the Autumn Budget by cancelling the planned double-digit tax increase.
What’s piquing the attention of BeverageDaily readers? From Monster’s alcohol strategy to the latest innovations in wine packaging, here’s a round-up of our most-read articles from August.
After dominating the UK CBD space with help from a highly engaged online fanbase, CBD beverage, oil and gummy brand Trip is hoping to cement a similar position in the US – but this time with the additional aid of $12m in funding from prominent entrepreneurs...
Coca-Cola has named Jennifer Mann as the new president of the company's North America operating unit, replacing Alfredo Rivera, who will be stepping down on Dec. 31.
Low2NoBev – the only dedicated trade show for the low and no alcohol drinks sector – returns this September to Olympia London: putting the spotlight on the latest innovations, products, market trends and drivers of the category.
Beverage giant Kirin has been focusing extra marketing efforts into its non-alcoholic beer option Kirin Green’s Free and its own-brand whiskey Riku in a new push to expand market share.
Korea’s hy Co, previously known as Korea Yakult, is expanding its probiotic business categories to include probiotic food, drinks, supplements, on top of its existing focus in functional fermented milk products.
Non-alcoholic spirit brand Seedlip believes that the strength of new product discovery as well as health and wellness trends in the Asia Pacific region are key industry drivers that are set to propel the sector to new heights, especially in Singapore.
Tequila volumes are expected to grow at a CAGR of 7% between 2021 and 2026: far exceeding 2% growth in global spirits volumes. So how is this market going to evolve?
