News & Analysis for the Beverage Industry
Sector to grow 40% by 2020
Global sales of energy drinks hit €38.2 billion last year and will be worth €53.4bn in 2020 according to Euromonitor International, even as regulatory winds blow ill beneath the sector's wings.
Asian energy drink Carabao has launched in the UK, and while it admits it’s a competitive market, it still sees significant untapped potential beyond the niche categories of ‘lads, high-octane sports and rock music.’
A coating technology which could be used to replace Bisphenol A (BPA) in a variety of applications has been awarded second place in a category at the 2016 Bio-Based Innovation Awards.
Roughly half of consumers wanted a tea that was healthy and hydrating compared to just 26% of consumers who wanted an energizing tea, when asked to create their ideal RTD tea, according to a Mintel report.
Veto motion tabled
A European Parliament motion to veto the Commission’s approval of four caffeine health claims could prove the final stumbling block on their long road to EU law books.