UK market researchers Mintel report a shift in young people’s drinking habits with a trend towards greater ‘in the home’ consumption, while analysts also note an increasing preference for premium alcohol brands overall.
The collection of PET bottles in Europe last year rose by more than six per cent to reach almost 1.5m tonnes, according a report commissioned by two industry bodies.
The BRIC economies of Brazil, Russia, China and India will offer highest growth opportunities for folding cartons at almost 8 per cent annually until 2016, according to new industry research.
Signs of mild recovery in the EU food and drink sector came with the confirmation of 1.5 per cent growth in the in 27 member states during the last three months of 2010 compared with the previous quarter, according to latest CIAA Economic Quarterly Bulletin.
Robotics sales to UK food and drinks manufacturers have jumped by more than a quarter over the past two years as industry increasingly embraces the technology, said the British Automation and Robot Association (BARA).
The results of the inaugural FoodProductionDaily.com survey gauging the outlook for the food and drink processing industry reveal that commodity and packaging material price increases, the bugbear of the past few months, are proving a challenge for 80...
Fresh data on the UK alcohol market shows how the recession has persuaded consumers to spend less in bars and compensate by spending more at the supermarket or off license.
Symrise has seen its flavour and fragrance orders rebound to pre-economic crisis levels and has expanded its business with some key customers in the first half of this year.
PET bottle collection in Europe rose by more than eight per cent to1.363m tonnes last year while exports to the Far East plummeted, said the regional trade body.
Tetra Pak said stronger sales in the final quarter of 2009 and emerging markets offset declining demand in Eastern Europe and Central Asia as it posted an increase in net sales of 1.2 per cent for the year to almost €9bn.
Nampak announced a 60 per cent fall in profits in 2009 as its chief warned that 20 per cent of its operations must either turnaround or face being closed or sold off.
British demand for soft drink products has coped with both the unpredictability of the current economic climate and the seemingly more familiar wet weather, to post slight sales value growth in 2008, according to official industry figures.
Increased use of enzymes by brewers and demand for baking enzymes in emerging markets have helped Novozymes achieve impressive sales growth in its food division in the first half of 2008.
US-based food producer Heinz has unveiled ambitious plans to reduce
its greenhouse gas emissions by 20 per cent by 2015 by using energy
generated from potato peel.
The growing prevalence of smoothies and other fruit based-beverages
in Britain's soft drinks market failed to prevent overall sales
volumes declines within the industry during 2007, according to the
British Soft Drink Association...
This week, Coca-Cola and SABMiller expect further profit ahead
after recording sales improvements, while Cadbury Schweppes moves
nearer to its beverage-arm demerger.
Cadbury today said the demerger of its beverage arm will no longer
result in any capital return to its shareholders, as the company
reported profit losses for the tax year 2007.
Coca-Cola posted a 20 per cent improvement in operating revenues,
amounting to $28.8bn during the full fiscal year as the company
harnessed its international presence to drive growth in both its
carbonated and non-carbonated brands.
This week, Diageo posts half-year profit improvements thanks to
Guinness and spirits, Grolsch continues to struggle with the UK
premium lager market, and P&G reportedly hikes prices for its
coffee brands.
SABMiller warns of problems ahead due to rising cost of raw
materials; Constellation Brands acquires US wine business of
Fortune Brands; and Scottish & Newcastle rejects
sweetened takover offer from Carlsberg and Heineken.
Rounding up the beverage business this week: Coca-Cola Enterprises
and Anheuser Busch continue to increase profits against cost
difficulties, while Japanese brewer Asashi takes steps to protect
itself from declines in its native beer...
Pepsi Bottling Group (PBG) has lifted its full year operating
profit guidance by about two percentage points to between 10 per
cent and 11 per cent after revenues rose by eight per cent to
$3.7bn (€2.6bn) during the third quarter.
In the latest news round-up, Campari remains in good spirits
despite a decline in soft drinks sales, Czech beer is on the rise
and brewer Heineken is still lost in translation over its Rugby
World Cup sponsorship.
Diageo today forecast organic operating profit will increase
by nine per cent in the current financial year after posting
strong gains across the majority of its big brands, including
Guinness.
Australian brewer Foster's has posted 4.7 per cent increase in
sales to AUS$4.5bn (€2.6bn) for the full fiscal year as it
continues to expand its operations outside of its core beer brands.
The market for carbonated soft drinks in India has
plummeted by about five per cent for a second year in the
row as consumers in the country embrace non-carbonated
alternatives, new research has found.
San Miguel's first half profits have taken a hit as it continues
to diversify its operations into mining and power to offset
uncertainty's in its core food and beverage brands.
Eastern Europe continues to boost the fortunes of brewer Scottish
& Newcastle, driving comparable sales growth of 7.8 per cent to
£2.1bn (€3bn) for the first half of the year as the company moved
to offset increased input and...
Cadbury Schweppes today announced in its first-half fiscal
results that it may opt to split from its American
beverages business in place of selling it, should the
debt market fail to stabilise.
Coca-Cola's Latin American arm posted a 7.4 per cent rise in
sales to €2.3bn during the second quarter of the year, as
its soft drinks brands led across-the-board revenue
growth.
Coca-Cola Enterprises posted a four per cent increase in sales
to $5.6bn (€4bn) for its second quarter as it continues
to restructure its operations amidst changing consumer demand in
the soft drinks market.
Diageo's Guinness brand received a boost yesterday as its attempt
to go green paid off amidst growing uncertainty over the future of
the beverage and its famous Dublin-based production plant.
Anheuser-Busch lifted net sales by 6.1 per cent to $4.5bn (€3.2bn)
during the second fiscal quarter, led by strong growth particularly
in its US beer operations.
Heineken announced yesterday that it has doubled its forecast for
net profit growth, with strong sales in emerging markets offsetting
slow growth rates in Europe and the US.
People on low incomes consume just as much unhealthy food and drink
as the general population, and so bad diets are the result of
personal choice, according to a study published by the UK
regulator Sunday.
In 2006, the price of beverages was on average two and a half
times more in the most expensive EU country than in the
cheapest, according to a Eurostat report.
A developing demand for premium products such as those
made with alternative ingredients is keeping the UK crisps
market on a steady 2.5 per cent growth rate, Mintel says
in a new report.
European confectionery private label market share is continuing to
grow strongly, according the latest statistics by Neilsen for the
Private Label Market Association.
The owners of Israeli food giant
Willi-Foods announced yesterday that they will sell
45 per cent of the company to international businessman
Arcadi Gaydamak for $40.5m (€30.1m).
