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 roundup, San Miguel adds some fizz to its Hong
Kong operations, Scottish & Newcastle's chief executive may be
about to call time on his tenure, and the Orangina group makes an
energetic acquisition.
Food and beverage group Sara Lee has announced plans for the future
growth of its hot beverage operations with an increased focus on
premium brands and emerging markets like Russia.
This week' industry round up finds Coca-Cola finalising
distribution for Glaceau, the latest appointments
at Carlsberg, and SABMiller bringing a little taste of
Italy to the Japanese market.
That all-important coffee boost sought by about 70 per cent of the
UK population may be becoming a bit of a drag, with coffee related
illnesses having doubled during the last four years, according to
new figures released this week.
A new closure, designed to store and dispense separated active
ingredients into liquid, could increase the shelf life of
products such as sports drinks and functional beverages.
Ethiopia's coffee industry, one of the largest in the world, was
this week closer to establishing a set of premium trademarks for
its beans after signing up coffeehouse giant Starbucks.
Sales of coffee machines in the UK more than doubled last year as
consumer look to bring a piece of coffee house culture to their
homes, new research shows.
A new infusion technique that allows one product to do the job of
both teabag and teaspoon has grabbed interest from major companies
and is looking to usurp the teabag's stranglehold on the hot
beverage market.
Coffee, a well-established source of antioxidants, may also be a
richer source of soluble dietary fibre than orange juice,
researchers in Spain have reported.
Coca-Cola's Australasian bottler may offload its operations in
Korea, as it reviews its operations in the country amidst declining
sales of its brands, due to consumer health concerns.
Over-65s who drink four or more caffeinated beverages every day may
reduce their risk of heart disease by a whopping 53 per cent,
suggests research from the US.
A newly developed clear monolayer polyethylene terephthalate (PET)
with an oxygen-scavenging barrier can now be used for packaging
ketchup after gaining regulatory approval in the US this month.
Scientists from Brazil and France have moved a step closer to
creating the perfect cup of coffee after identifying key genes that
can affect flavour in the beans.
Labs owned by German flavours firm Wild have been certified to
perform independent testing, offering its customers in the food and
drink industry an easier way to analyse new product concepts.
World coffee production is estimated to increase next year, after
improved weather and better yields contributed to a larger coffee
crop in a number of producing countries, according to the latest
report from the US Department of...
A new coffee drink that claims to help consumers lose weight by
reducing the amount of sugar the body absorbs from food will be
launched in the UK next year.
Coca-Cola and Nestlé will limit their joint venture group to black
tea drinks, allowing the two giants to revitalise their position in
this sector and compete openly on other fast-growing beverages.
Coffee culture is thriving in Hong Kong with close to one third of
residents now purchasing ready-to-drink coffee outside of the home,
according to a new survey.
The creators of novel, sonic wave processing technology for the
food industry will look to build on a successful year by focusing
on new developments in the brewing sector.
A sparkling green tea drink developed jointly by Coca-Cola and
Nestlé claims to help consumers burn off calories, catapulting both
companies further into the growing health and wellness market.
Buying practices of the world's biggest coffee companies have come
under renewed public scrutiny from a new film which explores the
journey of coffee beans from plantation to cup. BeverageDaily.com
took an early peek.
A little-known bottled water from Scotland may help to stop cancer
cells spreading, a study has found, giving the drink a unique
potential in healthy beverage trends.
Soaring demand for espresso coffee in Europe will see Nestlé spend
almost €95m to open a new production and distribution centre for
its Nespresso drink by 2008.
The discovery of mouldy coffee beans at a port in Italy has put
further pressure on an already tight market this month, with prices
expected to continue rising.
Cargill has indicated that it may take its Regenasure glucosamine
chondroitin ingredient into functional beverages - yet it has
emerged that another company's foray into the market has not proved
positive, raising questions as...
Cargill is seeking the go ahead for its Regenasure vegetarian
glucosamine hydrochloride to be used in functional beverages, which
would open up a whole new area for the joint health market in
Europe.
Drinking the occasional cup of coffee could trigger a heart attack
in some consumers within an hour, warns a new study, adding to the
debate over the risks and benefits of caffeine.
World coffee production over the next year will rise by nearly ten
per cent, or nearly 11 million bags, over the previous year,
fuelling a rising demand for the brew, according to a forecast
report.
Sales of sparkling juices, bottled water and flavoured milk soared
in Queensland this summer, as the Australian state experienced one
of the longest and hottest summers on record.
San Miguel's chief executive reassured investors on Tuesday by
outlining its plans to concentrate on growing sales and sustaining
profits over the coming years.
Long-term heavy coffee drinking does not increase the risk of
coronary heart disease (CHD) say Harvard researchers, results that
also have positive implications for the stimulant drink industry.
The 'iCone' is the big new idea in carton packaging from Elopak,
intended to fend off competition from plastics and provide a new
vehicle for premium soft drinks.
Coca-Cola can continue selling orange juice fortified with calcium,
after having settled with Procter and Gamble over a patent
infringement lawsuit a development that opens the way forpotential
collaborations in the future.
Starbucks, the US coffee chain, has won the trademark battle in
China that analysts said it could not afford to lose, paving the
way for the firm's Asian expansion plans.
An Austrian research team has unveiled good news for the makers of
energy and stimulant drinks, with evidence that caffeine delivers
visibly increased brain activity that stimulates short-term memory.
Drinking decaffeinated coffee may increase consumers' harmful LDL
cholesterol more than normal coffee, and thin people are at a
greater risk, suggests new US study.
Added value dairy and soft drinks lead Danone to a sales rise in
the third quarter, but the firm is banking on a new pricing and
innovation strategy to re-ignite itself at home in France.
International coffee roaster Douwe Egberts is set to follow
Nestlé's lead by launching an ethical coffee brand in the UK in
order to tap into the country's lucrative ethical consumer trend.
Prices for the omnipresent beverage and confectionery ingredient
coffee leapt this week after flooding caused by Hurricane Katrina
put inventories of beans in New Orleans at risk.
A link between consumption of coffee and caffeine and a risk of
type-2 diabetes has been bandied about for some time, but a new
research suggests that the relationship may be age- and weight-loss
related.