News & Analysis for the Beverage Industry
Coca-Cola CEO Muhtar Kent has played down the impact on his firm of higher prices for high fructose corn syrup (HFCS), after corn prices rocketed since mid-June to hit record highs following a severe US drought.
Snacks and soft drinks brand owners looking to build traction in Indonesia should target local convenience stores amid a soaring trend for young, wealthy consumers to socialise in this retail space, Euromonitor says.
Coca-Cola Amatil has opened a new manufacturing facility in New Zealand at the cost of NZ$35m, which includes two beverage bottle production lines and a new aluminium can line.
Anheuser-Busch InBev’s Q2 results reveal a tale of two Buds – namely one of woe for standard Budweiser that the global brewer is struggling to stabilize in the States, and another on high-performing brand extensions.