Coca-Cola FEMSA is to sell back its 51% stake in Coca-Cola Philippines, after a tough period marked by labour unrest and the introduction of a sugar tax.
The first four months of the UK’s sugar tax has failed to create any significant change in consumer behaviour; but it has encouraged widespread reformulation and the proliferation of lower sugar options, according to Nielsen.
UK soft drink business Britvic says it is confident of achieving market expectations for the full year, despite facing challenges from sugar taxes and the CO2 shortage.
In the UK, 326 businesses have registered for the Soft Drinks Industry Levy, according to data from HMRC and obtained by chartered accountants UHY Hacker Young.
The 2014 tax on sugar-sweetened beverages in Chile has led to an overall decrease in the volume of sugary soft drink purchases of almost 22%, according to a new study.
Following the Australian beverage industry's recent commitment to a 20% sugar reduction across its portfolio by 2025, New Zealand's drinks sector says it is open to similar measures.
UK food and drink manufacturers are achieving "substantially better" sugar reductions than has been reported, according to a health policy expert. "It's good news for public health as well as private business."
Health advocates have hailed new restrictions imposed by the Government of Jamaica on sugar-sweetened beverages (SSBs) in the country’s schools and public health facilities.
Governments should take greater responsibility for the rise in non-communicable diseases (NCDs), prioritise health services accordingly and collaborate with industry to find solutions… but not necessarily impose sugar taxes, according to an expert panel...
A 20% sugar-sweetened beverage price increase would reduce sales and increase purchases of healthier options — while not hitting retailer revenues, according to a small trial in Australia.
Juice and milk-based drinks are currently exempt from the UK’s sugar tax: but Public Health England has set out targets for sugar reduction in these categories – and says that progress will be taken into account when it reviews the milk-based drinks exemption...
Introduced in 2014, Mexico's sugar tax reduced sweetened beverage sales by 12% in its first year, according to the Ministry of Health, but daily caloric intake has decreased by negligible amounts, argues ANPRAC (the National Association of Producers...
Authorities in Hong Kong have signalled that they would consider lobbying for punitive taxes on sugar and alcohol as a last resort to tackle rising cases of cancer, obesity and stroke.
Advertising of food and beverages around schools in Mexico often features unhealthy products, with almost 70% not in compliance with recommendations from the Pan American Health Organization (PAHO).
Coca-Cola CEO James Quincey acknowledges the UK sugar tax is likely to have ‘some impact’ on the company in the UK – particularly for classic Coca-Cola – but is optimistic that the industry is well prepared to minimize the impact of the levy.
Taxes levied on sweetened drinks and snack foods are of most benefit to the poor in helping to make long-term healthy lifestyle changes, a Lancet study concludes.
The UK’s Soft Drinks Industry levy comes into effect today. Does this signify a sea change in our approach to sugar? Should we expect to see the tax extend to other products? What will the response from consumers be? From R&D consultants to nutritionists,...
The UK’s soft drinks industry has been ‘ahead of the game’ in preparing and reformulating ahead of the introduction of the Soft Drinks Industry Levy next month, according to Britvic.
A.G. Barr has reduced the sugar content of some of its drinks by as much as 70%, as well as developing an unprecedented number of new recipes, as it prepares for the introduction of the UK sugar tax next month.
Coca-Cola and the US Department of State have jointly launched a blockchain pilot program in an effort to combat forced labor worldwide. The BitFury Group and Emercoin will build the blockchain platform for the pilot, which will include a secure, transparent...
Income earned from the impending soft drinks levy will be less than half that announced by the UK government after drinks makers moved to cut sugar content in their products sooner than expected.
A proposed 10% tariff on aluminum and 25% tax on steel in the US would increase costs for many industries, particularly beverage makers who would likely have to pass the increase onto consumers.
Recent changes to California Proposition 65 – also called the Safe Drinking Water and Toxic Enforcement Act – that go into effect in August 2018 will require beverage companies to call out specific chemical names in addition to a warning symbol.
The New Zealand Taxpayers' Union and free-market group the New Zealand Initiative have voiced their opposition to a sugar tax in the country, based on the findings of a government-commissioned report.
The Singapore government made no mention of a sugar tax in its 2018 budget, despite food and beverage industry concerns that it could have been set to follow several other nations in introducing the levy.
Despite flat growth of its carbonated beverage portfolio for Q417, Coca-Cola said it remains committed to improving the performance of its core soda brands, particularly Diet Coke and Coke Zero Sugar.
Coca-Cola FEMSA Philippines is laying off 600 employees, blaming the move on the "regulatory environment" just weeks after the country introduced its sugar tax.
Scottish soft drinks manufacturer A.G. Barr says 99% of its portfolio will now escape the upcoming sugar tax in the UK, with its reformulated IRN-BRU drink hitting the shelves last month.
Mars, Nestle and Orkla are among 10 firms pledging to cut salt, sugar and fat in products in Lithuania, as part of a voluntary agreement overseen by the Ministry of Health which has shelved plans for a sugar tax.
Asda and Aldi have become the latest UK supermarkets to ban the sale of energy drinks to under-16s due to concerns over negative health effects associated with consumption.
A bill from February 2017 has been reintroduced to the Washington State Legislature, calling for a two-cent-per-fluid-ounce tax on sugar-sweetened and diet beverages throughout the state.
Seattle has introduced its tax on sugar sweetened beverages this month, while researchers from the University of Washington have been tasked with assessing the effectiveness of the measure over the next four years.
Sugar taxes have continued to gain momentum in 2017, but the introduction of new legislation is rarely straight-forward. We take a look at countries around the globe where sugar taxes have been making headlines this year.
Warning labels on sugar-sweetened beverages (SSBs) were linked to a decrease in obesity and overweight prevalence in three major US cities, a new study by Johns Hopkins Bloomberg School of Public Health suggested.
Despite industry efforts to reformulate energy drinks, the levels of sugar and caffeine per serving exceed a child’s maximum daily recommendation for sugar intake, according to findings by Action on Sugar.
Soft drinks company Britvic says the introduction of sugar taxes in the UK and Ireland will bring ‘a high level of uncertainty’, but believes it is well prepared thanks to innovations in low and no calorie beverages.
The upcoming sugar tax in the UK – along with consumers’ concerns over sugar – have encouraged sports and energy drinks brands to step up low- and no-sugar product development. In fact, these varieties accounted for 26% of launches in 2016, according...
Coca-Cola European Partners says that 60% of its portfolio in Great Britain will fall below the threshold of the UK’s sugar tax, which is due to be introduced in April.
Food manufacturers must re-formulate to keep their consumers healthy in a region famed for its love of sugar, and many are now cottoning on to their responsibility.
