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.
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...
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.
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.
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...
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
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.
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.
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...
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.
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