Unilever has signed an agreement to acquire Australian tea firm T2 citing the firm’s double-digit growth and significant potential, and says the deal will add a premium tea business to its portfolio.
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.
Kings and royalty swear by it as an expensive luxury and now rats do too, as scientists suggest Champagne may combat memory loss linked to aging and brain disorders like dementia in elderly rodents.
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.
A perfect example of the fact that shoppers are willing to pay a premium for quality and convenience - even in tough times - the growth of the single serve coffee market has been nothing short of meteoric, growing from $1bn in 2011 to more than $1.8bn...
PepsiCo brand Tropicana has failed in its bid to dismiss a US class action that claims it falsely labeled its orange juice as ‘100% pure and natural’ despite pasteurization, processing, coloring and flavoring.
The US still offers a world of wine opportunity for producers with steady growth and ‘remarkably low’ individual consumption, despite its status as the world’s largest wine market, as this exclusive gallery using Wine Intelligence data shows.
Krones tells BeverageDaily.com that the aseptic filling trend is growing, as the firm gears up for Drinktec where it will present a new version of its Twin-Flow technology suited for cold-fill applications 'to give the market more opportunities'.
Edrington’s premium malt whisky The Macallan outstripped category growth by over 100%, in the past five years driven by strong sales in the US and the Asia, the company tells BeverageDaily.com.
Mintel senior drinks analyst Chris Wisson predicts that English wine sales could exceed £50m ($77m) within a few years, as product quality continually improves and unfair perceptions of inferiority diminish.
Nestlé tells BeverageDaily.com that ‘competition is nothing new’ to Nespresso after bitter rival Mondelez said it would launch system-compatible pods in the EU, but one beverage industry analyst warned it was 'very bad news' for the brand.
Mintel analyst Chris Wisson tells BeverageDaily.com that a 2012 slump in Scotch whisky exports to France is ‘quite surprising’ but insists the category’s global future remains bright.
BUT BIG BRANDS HENNESSEY, JOHNNIE WALKER STRONG IN KEY MARKETS
Despite runaway spirits growth in Asia, 20% of global brands do not have a Chinese website, and mobile sites tend to lack investment, but Hennessey and Johnnie Walker are strong in key markets.
Diageo technical director Luca Lupini believes confectionery flavored spirits are an ‘amazing opportunity’ for the firm, and insists the sub-category brings out the best in its R&D team.
AB InBev CEO Carlos de Brito has revealed that the world’s biggest brewer will launch UK cider sales sensation Stella Cidre in the US within the next few weeks.
BRAND PROMISE EXCELLENT TASTE AND OMEGA-3 BIOAVAILABITY
Change Cola CEO and founder Jim Phillips predicts that his brand’s healthy Omega-3 fortified cola will shake-up the segment for good in the US following its soft launch in Q4 2013.
'ELEPHANT COFFEE' ENTREPRENEUR SURPRISED BY JAPAN MICROBREW SALES
The world’s priciest coffee brand, Black Ivory Coffee, made using Thai Arabica beans predigested by elephants, tells BeverageDaily.com it is searching for a reputable microbrewer in Japan to license a beer made using the brew.
A limited edition coffee-flavored beer brewed using coffee beans harvested from elephant dung sold out within a day after going on sale in Japan, brewer Sankt Gallen claims.
DISPATCHES FROM THE 2013 INNOBEV GLOBAL BEVERAGES CONGRESS, WARSAW, POLAND
Unilever has described tea as the ‘hottest beverage’ in the global drinks landscape, and one with unlimited opportunities as a natural product with scientifically proven health and wellness benefits.
NEW UK DISTILLERY WILL HAVE 'SIGNIFICANTLY LARGER' 3.5M CASE CAPACITY
Bombay Sapphire’s new master distiller Nik Fordham tells BeverageDaily.com it is an ‘exciting time’ for the Bacardi-owned spirit in terms of brand extensions, while the broader gin category is enjoying a renaissance.
Brown-Forman’s US flavored whiskey revolution continues, with Jack Daniel’s Tennessee Honey sales nearly doubling in the firm’s fiscal year to date, as the firm hails a ‘hot’ US bourbon category.
Consumer 'co-creation' is essential when developing nutritious and functional beverage brand concepts, a healthy food and beverage marketing expert told BeverageDaily.com.
Diageo is in an arguably stronger market position than multinational peer SAB Miller due to its core exposure to spirits rather than beer, according to one City analyst who covers the firm.
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.
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.
The co-founder of Gizmo Closures boldly claims that his company’s patented closure and ingredient delivery system ‘transcends’ technology, as it stands poised to enter the US market.
Pharrell Williams claims he created Q Qream liqueur “to celebrate the beautiful, independent and sophisticated women of today”. However, the dream went sour after partner Diageo did not keep to its part of the bargain to make the product a success, alleges...
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.
The CEO of beverage development and innovation company MyDrink Beverages tells BeverageDaily.com why his firm's new non-alcoholic beverage concepts for 2013 could take the market by storm...
Gruppo Campari today announced a US $414.7m deal to acquire Jamaican rum company Lascelles (LdM) de Mercado and said it planned to use its new heritage brands to spur 'underdeveloped' super-premium rum sales worldwide.
Coca-Cola Amatil (CCA) is one step closer to re-entering the Australian premium beer market, after announcing plans to lend JV the Australian Beer Company AUS $46m, as it leverages its sales and distribution muscle.
Diageo has told BeverageDaily.com that the initial European launch focus for its Chinese ‘baijiu’ brand Shui Jing Fang will be UK ‘meal occasions’, although success will see it pursue sales in other channels that retain the drink's premium positioning.
Mintel claims that the best opportunities for alcoholic drinks in the UK’s growing private label sphere lie at the premium end of the market, given the stigma still attached to own-label alcohol.
Tropicana has told BeverageDaily.com that its new clear PET flip-top container for Tropicana Pure Premium Orange Juice is ‘premium in look and function’ and unlike anything else in the juice aisle.
Nestlé has developed a production technique for a new variety of its Nespresso brand that it says is similar to that used to create wine, in a step that reflects CEO Paul Bulcke’s recent emphasis on a move towards more ‘personalised’ premium products.
Molson Coors has swooped to takeover Staropramen brewer StarBev for €2.65bn and says it aims to leverage its own premium brands in central and eastern Europe (CEE) citing the success of Carling in the Ukraine, which it said was now an ‘aspirational’ London-linked...
Carling says that the branding and packaging for its new limited edition citrus beer, Carling Zest, was desined to push its premium positioning as an alternative to other summer drinks such as cider.
Germany’s Döhler and Plantextrakt have formed a strategic partnership and unveiled a new tea concept, which they claim will open up the global premium quality tea drinks market.
Wild is introducing a new rooibos infusion idea for ready-to-drink teas that complements its existing black, white and green tea offerings, and taps the market for caffeine-free kids' drinks.
Nestle continues to spy growth for its Nespresso coffee machine system and brands with the inauguration today of its second production and distribution centre for the operations.
Despite growing awareness and concern over the health impacts of alcohol consumption, global consumers are expected to flock towards premium and super premium spirit varieties in the future, says a new report.
A new range of taste enhancers have been introduced to try to improve the taste of liquor and provide mouth warming sensations that give the impression of a more premium product.
Superpremium juice drinks have proved to be a dynamic part of the US beverage market showing “phenomenal growth” in just a few years, according to a new report.
Private label food and drink brands will continue to grow as
cash-strapped consumers' increasingly perceive the products as
value for money, according to Datamonitor.
Diageo is to expand its presence within the high growth US market
for premium wines with the acquisition of national producer
Rosenblum Cellars for $105m (€71m).
SABMiller has today received the support of Koninklijke Grolsch's
management to move ahead with a proposed €816m acquisition of
the Netherlands-based brewer's operations.
