News & Analysis for the Beverage Industry
Beverage Bites: news up to May 15, 2015
This week Coca-Cola Hellenic Bottling Company released its first quarter trading update, while Constellation Brands takes on a former US army captain as its chief marketing officer for wine and spirits. Meanwhile, Pepsi is ushering in its latest...
One out of every 10 dollars (10%) spent on dry loose or bagged tea leaves in the US will be spent on single-serve capsules such as K-Cups in 2015, compared to just 2% in 2009, predicts one tea market expert.
Drinking water or unsweetened tea or coffee in place of one sugary drink per day could slash the risk of developing type 2 diabetes by up to a quarter, say researchers.
While shares in Keurig Green Mountain fell sharply after bosses unveiled the $299-$369 price tag for the new Keurig Kold machine (99c-$1.29 per pod), CEO Brian Kelley said purchase intent scores were high as consumers understood the value proposition.
SABMiller has announced it is entering the craft beer scene with the acquisition of London’s Meantime Brewing Company – with Meantime quick to reassure consumers the beer will remain the same.