GlaxoSmithKline (GSK) has launched a strategic review of its Lucozade and Ribena brands, hinting that the western-facing brands do not fit its increased focus on emerging markets such as China and India.
Clinching global culture club membership by swigging Pepsi or Coke is not enough for soft drinks consumers in emerging markets, who are increasingly swayed by regional tastes, according to Euromonitor International.
Heineken has confirmed to BeverageDaily.com that it is working with JP Morgan as it begins a strategic review of its Finnish business, and PepsiCo licensee, Hartwall but refused to comment on rumors of a potential $788m sale.
With the US Department of Justice (DOJ) gunning to takedown AB InBev’s $20bn takeover of Grupo Modelo, the firm likely prefers peace talks in the Sheriff’s office to a High Noon-style shootout.
Carlsberg today formed a JV with a Burmese brewer to produce and market its brand portfolio, and told BeverageDaily.com the nation offered 'huge growth potential' in an under-penetrated beer category.
The potential upsides in Diageo’s potential acquisition of a majority stake in India's United Spirits (USL) are clear but achieving acceptable profitability from the business may be tricky, according to one analyst.
The Coca-Cola Company and PepsiCo are looking to shift bottling assets onto strong franchise partners in order to refocus in house efforts on brand building and marketing.
Swiss-based PET packaging specialist Sidel has opened a dedicated packaging and tooling center in Pune, India to offer customers improved regional service and boost time to market.
Large scale solar food processing remains under-exploited, especially in hot countries, according to a study that is due to be published in the Journal of Food Science and Technology.
With rumors emerging that Danone is selling its 51% stake in its fruit juice JV with Chuiquita Brands International, one industry source told BeverageDaily.com that the French firm was likely ‘glad to be rid’ of a business blighted by mismanagement.
A recent M&A wave in brewing means that ‘global giants’ AB InBev, SAB Miller, Heineken, Carlsberg and CR Snow are piling the pressure on local players, particularly in markets such as China.
SAB Miller is blaming ‘exceptionally cold and wet winter weather’ for a third quarter volume decline in China, which meant lager volumes declined in its Asia Pacific business by 1% overall.
In this exclusive gallery, BeverageDaily.com explores the Top 5 Chinese alcohol brands by value, which sees the nation’s movers ‘n’ shakers reaching out to the world with baijiu, beer and wine.
HEINEKEN WINNING VOLUME AT EXPENSE OF MARGIN IN RUSSIA: ANALYST
Heineken has confirmed to BeverageDaily.com that it will move its Central and Eastern European (CEE) leadership team from Vienna to Amsterdam this summer, to better drive regional growth.
Molson Coors says its purchase of the Franciscan Well craft beer brand and microbrewery is a central step in its plans to build up a strong market share in Irish craft beer.
Buoyed by 60% growth in Brazil, SIG Combibloc says it has brought forward a planned, phased investment project in a Paraná state plant to produce aseptic carton packs.
Polyethylene terephthalate (PET) has big growth prospects if manufacturers build on its potential to deliver affordability for consumers, especially in emerging markets.
NESTLE POISED FOR CONTINUED CHINESE COFFEE DOMINANCE: ANALYST
Nestlé’s ‘smart investment’ in Chinese whole bean coffee is likely to consolidate its market-leading position within the category there, as it stands poised to release a local product, according to a top beverage analyst.
PepsiCo has signed a deal that confirms it as the strategic beverage supplier for all Burger King’s (BK’s) restaurants across China, via franchise bottler Pepsi Beverage Business (PBB).
Wine Intelligence has warned wine exporters to China against 'seeing only dollar signs' in the world's fifth-largest wine market, and said it was important to understand Chinese consumers, not just parachute in western brands.
Packaging firm Manjushree Technopack aims to double sales by 2015, driven by the growth of the middle class in India, and is poised to start construction on a fourth factory.
The Coca-Cola Company has confirmed that it has filed a police report in China targeting recent internet hoax rumors that its orange juice contains an illegal fungicide, and will pursue legal redress.
INDUSTRY VOICES: HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
Chinese beer giant Tsingtao Brewery is set to further consolidate its leading market position in Shaanxi by significantly expanding capacity with two new breweries, while AB InBev is also rumoured to be keen on penetrating the central Chinese province.
Pernod Ricard has finalized the €103m sale of Danish akvavit brands Aalborg and Brøndums to Norway’s largest spirits producer Arcus-Gruppen following regulatory approval, and reaffirmed its focus on 14 international 'priority brands'.
Tune in to the second part of BeverageDaily.com’s beverage industry predictions for 2013, from interactive packaging going pop to energy drinks feeling the heat in the mosh pit.
Heineken strongly denies to BeverageDaily.com that the resignation of several high-profile managers from its recent $6.53bn acquisition Asia Pacific Breweries (APB) attests to unrest at the Singapore-based firm.
If the beverage world were a band poised on the brink of super stardom, here are some of the killer chords and rollickin’ riffs that could shake up the scene in 2013, as we solo on everything from carbonates to beauty drinks and beyond...
Young, self-confident and increasingly wealthy populations in North Africa and the Middle East offer big opportunities for food and beverage firms – but there are risks too, according to ingredient company Wild GmbH.
Big interview: Ryan Black, founder and CEO, Sambazon
Want a dictionary definition of 'high-achiever'? Meet Ryan Black, a former NFL player and surfer who went on holiday to Brazil in his early 20s in search of waves and came back with the germ of a business idea that is now worth more than $100m...
Despite giving us object lessons in corporate word wash, can PepsiCo pull off what seems like a slightly puzzling mission, namely a long-term plan to ‘drinkify' snacks and vice versa under its Power of One banner?
Indonesia's bottled water market may be one of the most high valued markets in the world, but there are still plenty of opportunities for growth, new research from UK-based research firm Mintel said.
Coca-Cola FEMSA has sealed a deal to acquire a majority stake in the Coca-Cola Company’s Philippines bottling operation in Mexico City, and hailed an import milestone in its history.
Cargill’s stevia brand Truvia has struck an exclusive deal with Grupo Herdez - a leading food producer and distributor - for the distribution and marketing of Truvia in Mexico.
Diageo said today it had terminated discussion with Jose Cuervo relating to the future of the tequila brand, and that both parties will now work to ensure the orderly end of the current distribution agreement due to expire in June 2013.
INDUSTRY VOICES: HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
For Chinese beer market followers, one of the most interesting developments over the last fortnight was Danish brewer Carlsberg’s announced strategy shift and expressed desire to acquire one of the nation's top three domestic brewers.
Diageo remains tight-lipped on reports it may make a $10bn+ swoop for Beam Inc. but one analyst tells BeverageDaily.com he believes no imminent deal is likely, given the firm’s preoccupation with United Spirits and Jose Cuervo.
A UK brewing science academic tells BeverageDaily.com that a regional project to help microbrewers crack China could benefit similar firms nationwide, and that the country hasn't ‘scratched the surface’ in terms of craft brewing export potential.
Wine Intelligence analysts provide the lowdown on the five key developments the research group expects to see within the world’s fastest growing wine market China in 2013.
Tetra Pak and Coca-Cola Hellenic announced today that they have partnered to deploy the packaging company's new Tetra Gemina Aseptic (TGA) Leaf carton for the first time worldwide, for the beverage giant's Dobry juice range in Russia.
C&C Group says it expects the US cider market to explode, but aims to build a strong multi-beverage business group rather than just a ‘pure play’ cider business.
New research from Mintel suggests that strong and premium beer – volumes up 18% in 2011 – and international brands are making fast inroads among Brazilian consumers.
A US-based investment firm insists that PepsiCo needs to focus on its most profitable brands and emerging markets such as China to bolster margins and regain ground on Coke.
INDUSTRY VOICES: HEAD OF AKTIEFOKUS CHINA, JACOB DE LICHTENBERG
In this guest article, Jacob de Lichtenberg, head of Aktiefokus China, gives BeverageDaily.com readers the lowdown on Tsingtao Brewery’s plans to build a brewery in Henan province, where beer production is booming.
Nestlé has identified Africa as one of the biggest areas of opportunity for the food industry in the next ten to twenty years – both within the continent and for European food makers, according to Dr Serigne Diop, director of Nestlé’s R&D centre in...
Chr. Hansen says it has high hopes in Asia and elsewhere for its new natural coloring ingredient for beverages, Ultra Stable Red, and claims investing in natural colors strips out costs elsewhere in the supply chain.
PepsiCo’s tie-up with top Chinese beverage player Tingyi, given the green light in March, will significantly reduce growth opportunities for smaller market rivals, according to Martin Wu from Rabobank.
Russia has returned to beverage can growth in Q3 after legislation relating to kiosk beer sales returned certainty to the consumer, according to Rexam.
GEA Procomac tells BeverageDaily.com why its new aseptic dual filling system to bottle still beverages with pulps, fibers, fruits or cereals benefits product taste and allows clients to use less PET than with hot filling machines.
