Baiju liquor producer Kweichow Moutai has been named Asia’s leading food and beverage manufacturer in an analysis of market capitalisations in the region.
Starbucks’ decision to shut down Teavana stores does not come as a surprise nor is it a bad sign for the specialty tea market, according to Charlie Cain who served as Teavana’s VP of concept development and franchising until January 2015.
Beijing Sanyuan Foods Co. (Sanyuan) and Fosun Group (Fosun) have agreed to jointly acquire Brassica TopCo and PPN Management, the controlling shareholders of St- Hubert.
In the biggest single transaction in its history, Starbucks’ American parent has bought up the remaining shares in its eastern China joint-venture. The deal now brings all stores in the country under its control.
AB InBev revenue grew by 5% for Q2 2017 driven by continued premiumization of its beer portfolio in international markets outside of the US, the company said.
Thailand will phase in a sugar tax over six years in a bid to help drinks manufacturers to lower their sugar content and take advantage of a simultaneous lowering of tax on sugar-free beverages.
Wine stoppered with cork is seen as more premium by US consumers partly because it gives them the traditional ritualistic experience of opening the bottle, according to a study conducted by Wine Opinions. But consumer preferences vary greatly around the...
The final approval of a Codex Alimentarius international standard for dairy permeate powder has been welcomed by permeate producer Arla Foods Ingredients.
The availability of sugar-sweetened beverages on children’s menus at the top 50 US restaurant chains has decreased from 93% in 2008 to 74% in 2016, according to the Center for Science in the Public Interest (CSPI).
Koia, a refrigerated RTD plant-based protein beverage company, has secured a $7.5m funding round led by private investment firm KarpReilly and existing investor AccelFoods.
Custom beverage machine startup Bevi has raised $16.5m in funding to launch its counter-top beverage dispenser model and expand its North American footprint with the ultimate goal of making packaged beverage waste obsolete.
The launch of ROAR KIDS, a new line of water-based beverages from ROAR Beverages, is targeting a younger, “crucial” demographic by featuring Marvel characters on its packaging while still meeting consumer taste expectations, according to founder and CEO,...
FlavorHealth has found that most consumers will pick an indulgent beverage over a better-for-you option when given the choice, even when they say trends like sugar reduction are among their top health concerns.
PepsiCo Argentina has closed a plant, which produces cookies, snacks and soft drinks, in Florida, Buenos Aires province, and moved production to Mar del Plata, a five-hour drive away, axing 691 jobs.
Heineken has defended itself after being criticized by the Tequila Regulatory Council (CRT - The Consejo Regulador del Tequila) in Mexico for its tequila-flavored beer, Desperados.
Constantia Flexibles Group has responded to a growing demand in domestic food packaging by installing a laminating machine at its factory in Timashevsk, Russia, for packaging coffee, dairy and processed food.
Nestlé Waters North America has expanded operations of ReadyRefresh, its online shopping and delivery service of bottled beverages, with a new 10,000-square-foot branch in Denver, Colorado.
Diageo has confirmed that it will buy Casamigos, a tequila brand co-founded by George Clooney, in a deal that values the brand at $1bn and is expected to close in the second half of 2017.
Rosé has shown strong growth over the past year and is outpacing overall US wine growth, a trend which will ramp up during the summer months thanks to the pink drink’s light and versatile appeal, says Nielsen.
Amazon’s purchase of Whole Foods Market for $13.7bn will enhance the beverage shopping experience, which depends on a multichannel approach to succeed, according to Charlie Cain executive partner of Building Oz in Seattle.
PepsiCo announced today the eight European nutrition start-ups it has chosen for the first Nutrition Greenhouse programme, offering one winning company €100,000.
Scholle IPN, which produces flexible packaging for wine, processed fruits and vegetables, dairy products, and aseptic juices in the Latin American market, has opened a manufacturing facility in Santiago, Chile.
Dairy Farming Promotion Organization of Thailand (DPO) is expanding its production capacity by installing three CFA 124 high-speed filling machines from SIG Combibloc.
Fast casual restaurants are tapping into the increasingly time-crunched, yet health-focused schedule of consumers, by providing healthy, guilt-free beverage options while satisfying their desire for occasional indulgence.
Heineken and Molson Coors Brewing Company have signed a 10-year joint agreement where MillerCoors (Molson Coors’ US division) will import, distribute, and market Mexican beer brand Sol in the US market.
Coca-Cola has collaborated with its bottling partners, fruit suppliers, and processors in India to contribute $1.7bn to the country’s agribusiness over the next five years, with much of the investment going towards expanding the company's juice portfolio.
Heineken has completed its acquisition of Brasil Kirin Holding (Brasil Kirin) from Kirin Holdings Company, to capture the fast-growing Brazilian beer market.
BeatBox Beverages has grown from $230,000 in revenue (over 14 months) to more than $2m in sales, helped by a $1m investment from entrepreneur Mark Cuban, which the company has used to expand distribution and launch a single-serve format.
Berner Food and Beverage has expanded its ready-to-drink beverage manufacturing capabilities with an investment of over $100m, adding 200,000 additional square feet to its production warehouse in Dakota, Illinois.
Coca-Cola said it is on track to complete refranchising of its company-owned US territories by the end of 2017 after receiving agreements and letters of intent from a significant portion of the Northeast US.
Functional beverage start-ups in Asia should not get fixated on making and securing official health and efficacy claims before launching, and could look instead to “wrap up” products alongside more holistic therapies such as Tai Chi.
Most food items will be cheaper with the introduction of GST on July 1, according to Harsimrat Kaur Badal, though drinks manufacturers are looking at increases of up to 10% on their products.
Only a quarter of Chinese millennials say they prefer fruit juice made with fruit grown in Asia, compared to 60% who favour American fruit, according to a survey commissioned by Welch’s Global Ingredients.
Volume sales of coffee are expected to grow 0.2% from 2013 to 2021 in Italy, making the country's No. 1 coffee brand (in volume sales), Lavazza, needing to turn to other markets for future growth, according to Euromonitor International.
Cannabis-infused tea products sales have more than tripled in US states where recreational cannabis use is legal (Colorado, Washington, and Oregon), according to BDS Analytics.
Multivac has completed a strategic alliance (Memorandum of Understanding) with Meyn Food Processing Technology and Cabinplant to sell joint processing, filling, weighing and packaging technology.
True Drinks, maker of children’s sugar-free flavored water brand AquaBall, has posted first quarter revenue of $1.5m and a gross revenue forecast of $10m for 2017, driven by recent expanded distribution to 14,000 US stores.
Miraka, New Zealand’s first Maori-owned milk company, has signed an MOU with Malaysian company Storiiu, a food distribution business, to supply their flagship consumer food, Whai Ora.
Role Tea, a turmeric-based RTD iced tea, has launched in select Whole Foods locations in the mid-Atlantic US and aims to double and possibly triple its Whole Foods retail footprint by June 2017.
The global alcoholic drinks market was in negative growth territory for the second year in a row registering a 0.2% in volume terms led by a slowdown of the North and Latin American markets, according to Euromonitor.
