The Hong Kong government’s decision to scrap wine duty in 2008 has contributed to a 187% increase in the value of wine imports into Hong Kong since then.
Indra Nooyi says people should forget PepsiCo’s Coke rivalry in India and welcome both firms’ $10.5bn investment in the country, where the middle class will exceed that of the US, UK and France together in five years.
Coke’s today vowed to ‘engage’ with key sugar suppliers Tate & Lyle Sugars, Trapiche and Bunge after a powerful Oxfam report raised concerns about the land rights of poor rural communities.
Simon McMurtie from Direct Wines group believes that ageing populations are the wine world’s biggest opportunity, since the drink coincides with older consumers’ desire to enjoy life.
Once-surging demand has slowed among Australian consumers over the last quarter, according to Coca-Cola Amatil (CCA), the maker of Coke in the country.
AB InBev CEO Carlos Brito admits the firm is suffering in Central and Eastern Europe because of an historic focus on high volume, value brands, but notes strong growth for Budweiser in Russia.
Australians are forsaking domestic beer for foreign imports, according to new research of the beer segment that highlights how the public’s alcohol preferences have been changing quickly.
REUTERS ARTICLE GIVES NEW LIFE TO RUMORS OF POSSIBLE TIE-UP
SAB Miller’s association with Coca-Cola and AB InBev’s tie-up with PepsiCo in Latin America is one hurdle that could halt a mega merger between the world’s two biggest brewers, analysts suggest.
Over 320,000 people have signed a petition calling on Coke to condemn Russia’s ‘draconian’ new laws on homosexuality ahead of the 2014 Sochi Winter Olympics.
Carlsberg’s CEO says his firm remains well-positioned for future growth after breaking ground on Burma's 'first ever' international brewery and starting construction on another facility in China.
SAB Miller CEO Alan Clark says his company will work ‘over time’ to build beer demand and tap new consumption needs, stepping out of core lager and focusing on mixed-gender occasions.
‘Rampant domestic inflation’ means Argentine wine exports are under pressure, says Rabobank, but tapping new markets and targeting millennial consumers could aid competitiveness.
ANUGA TASTE THE FUTURE 2013: INNOVA MARKET INSIGHTS, PART 2
Innova Market Insights delved into its database for Anuga Taste the Future 2013 to provide an update on the flavor trends that are driving beverage innovation in Australasia and developing Asian, African and Middle Eastern markets.
ANUGA TASTE THE FUTURE 2013: INNOVA MARKET INSIGHTS, PART 1
Innova Market Insights mined its datasets for Anuga to lend unique insight into what’s on trend in drinks across key world regions - here Europe and The Americas.
DRINKTEC 2013: gea group: 'NOTHING COMPARes IN ANY OTHER COUNTRY'
Drinktec’s organizers claim that the trade show is ‘simply the best’ after almost 70,000 visitors attended the show, which won glowing reviews from GEA, Ecolab, Döhler and Gebo Cermex.
Pepsico commits to beefing-up supplier code of conduct
Oxfam insists that PepsiCo, Coca-Cola and Associated British Foods – the three most powerful firms in the global sugar industry – must do more to police the 'disastrous impact' of land grabbing in their supply chains.
Sales in Latin America are soaring for Bavarian wheat beer brand Paulaner with the brand citing rising demand for ‘genuine beer specialities’ instead of American light lager beers.
Twenty years after it exited the carbonated soft drinks business, Parle Agro has now revealed it will return to the market with a coffee flavoured fizzy drink—a first for the Indian market.
Ben Bouckley and Mark Astley from BeverageDaily.com and DairyReporter.com chat about technology and trends at Drinktec 2013, including the show’s growing international focus and the trend towards added-value dairy beverages.
Australians might have been developing a taste for wine over beer, but on the whole the country is drinking less alcohol, according to figures released by the Australian Bureau of Statistics.
Krones senior project engineer, Fabian Schneider, explains why the firm's Contiform AseptBloc aseptic filler launched at Drinktec 2013 breaks new ground - saving time, energy and media by sterilizing preforms rather than finished PET bottles.
Drinktec 2013 exhibition director, Petra Westphal, tells us why the show - which happens every four years - is a shining star in the beverage and liquid food firmament, as a place to do business and a family gathering...
Relive the action from Day One of Drinktec 2013, as we explore innovations from key beverage movers 'n' shakers including Rexam, BENEO and WILD Flavors...
There’s no place for Coke in the Forbes 2013 list of The World’s Top 100 Most Innovative Companies, with Starbucks leading the beverage pack above Pernod Ricard and Beam Inc.
A new study in New Zealand has revealed that up to a quarter of Kiwis aged 21 to 30 have a subclinical alcohol problem, which affects their daily life to some extent.
DRINKTEC 2013 SPECIAL: PETRA WESTPHAL HAILS 'BIGGEST, MOST INTERNATIONAL' DRINKS SHOW
Drinktec exhibition director Petra Westphal insists that no other beverage trade show can rival it for appeal, as she reveals 2013 highlights in Munich including a greater focus on dairy and liquid foods.
SAB Miller says it is confident that its subsidiary Alliance Beverages has done nothing wrong after Diageo’s South Africa JV United National Breweries accused the business of uncompetitive practices.
In spite of India’s weighty whisky market, which was worth an estimated 170m cases alone last year, manufacturers have been waking up to other often-ignored and newly opened segments like brandy and rum.
Australia’s peak body for beverage manufacturers has come out strongly against media claims that the country’s teenagers may be at risk with over consumption of caffeinated energy drinks.
Beam Inc. CEO Matt Shattock is excited by premiumization within the fast-growing bourbon category that will net higher profits for key brands including ‘name on the door’ Jim Beam.
So who'll clear up the mess? Big soda is unfairly shouldering the brunt of the blame for the US obesity epidemic, and the industry is fighting a losing battle to turn the tide in developed markets after a dismal summer.
Coca-Cola FEMSA has inked a deal to acquire Brazil’s second-largest privately owned Coke bottler in an eye-watering $1.86bn cash deal and says the deal is a ‘perfect geographic fit’
Pernod Ricard executives admit that Top 13 brand Ballantine’s is struggling as the firm suffers from a global Scotch whisky slowdown across its business.
Diageo says that collaborations with the likes of SAB Miller, Heineken and Coke are helping the beverage industry lessen its impact in water-stressed regions worldwide.
Rabobank says it is critical that brewers with limited access to malt barley in emerging markets such create strategic and secure malt supplies to protect beer margins, and hints that India could be key.
Major Russian retailers are using bargaining power to ensure heavy private label presence on shelves – hitting smaller domestic brands, Euromonitor says.
Turkey's biggest brewer and SAB Miller partner Anadolu Efes expects new restrictions on marketing and sales of alcohol to limit beer industry growth in the country.
Diageo has declined to comment on the possible business effects of stiffer alcohol laws in Turkey, insisting only that it remains committed to its business in Turkey.
“The most common mistake by western fast moving consumer good (FMCG) companies who launch new food and beverage brands in emerging markets is that they jump straight in to a Pleasure position with their brands.”
In data that has surprised many industry analysts by the speed of its growth, China’s packaged water consumption has been skyrocketing, to the point that the country poised to become the world’s biggest consumer.
Still drinks continue to attract new consumers in Indonesia and Coca-Cola Amatil was smart to expand its Minute Maid range with new flavour variants there last year, Canadean insists.
The only whisky producer in Wales - whose first single malt was launched by Prince Charles in 2004 - is installing three new stills to more than triple its capacity and boost sales overseas.
Rexam CEO Graham Chipchase insists the packaging firm will take a stronger position in an under-penetrated Indian market to service surprise demand for specialty cans.
Latino women or ‘Latinas’ are outpacing their male peers in terms of education and employment in the US, over-index in beverage buying and hold the purse strings, a new Nielsen report reveals.
Angry Birds branded fruit juices featuring characters from the iconic video game are being launched in Thailand, in a move that marks their first flight into Southeast Asia.