Industry giants Nestlé and Unilever report steady sales growth driven by emerging markets for first quarter of 2017 and predict continued growth throughout the year.
What will global beverage consumption look like in 2021? Region by region data
Asia’s beverage market will experience unprecedented growth, taking two-thirds of global incremental consumption by 2021, according to figures from Canadean.
Brands often fall into the trap of thinking that consumers in emerging markets only want cheap, generic products. But these consumers are just as savvy as those in developed markets and value a good brand, says AJE.
Dispatches from Canadean International Beer Strategies Conference, Amsterdam
Look beyond the headline figures and there are promising prospects for beer, according to Canadean. Opportunities include the African market, premiumisation, non-alcoholic beers, and the continued popularity of craft.
Coke plans to cut at least 1,600 jobs globally including 500 roles at its Atlanta HQ – as the company ploughs on with a $3bn cost-cutting drive announced after an October profit warning.
Coca-Cola Hellenic’s CEO says the firm is keen to take Monster Energy into new markets, as its lackluster performance in developed markets led by Italy hit summer soda sales.
Tough markets and cautious optimism were among the main themes in presentations from the biggest food and consumer goods companies in Europe last month, according to investment analysis firm Sanford C. Bernstein.
Global food and consumer products giant Unilever missed second-quarter expectations as a slowdown in emerging markets and declining prices in developed ones hit sales.
'Snacks powerhouse' unveils plan to shrink beverage business
Mondelez CEO Irene Rosenfeld insists the firm’s coffee interests backed by brands such as Tassimo are ‘very attractive’ but says the deal to shrink its beverage business fits a core snacks focus.
Bacardi is in danger of losing its ‘coveted position’ as the world’s bestselling rum to Philippines rum brand Tanduay, according to a new survey of spirits brands sales in 2012.
Coca-Cola tops Kantar Worldpanel’s Brand Footprint 2013 ranking – as our exclusive gallery shows – but lost points in developed nations, and suffers low household penetration rates in emerging markets such as India, while Tang has been a revelation in...
Bond credit rating business Moody’s has revised its outlook for the global beverage industry upwards, citing rising middle class demand in emerging markets for high-end wines and spirits from the likes of Diageo, Heineken and Bacardi.
Food and nutrition giant Nestlé has reported improved sales in its 9-month results driven by growth in emerging markets, but Q3 was a little slower than last year.
MeadWestvaco has reported Q1 profits plummeted by 23% in their food and beverage segment and warned they expect Q2 earnings to be ‘lower than the second quarter last year’.
The Coca-Cola Company says that it has opportunities to build sustainability in to its plants in the emerging markets such as Turkey, through integration of best practice and the latest, most efficient technology.
Volumes were boosted by continuing growth in emerging markets for SABMiller, who remained tight-lipped on its Fosters bid in its first quarter results.
Volume growth in the global soft drinks market almost returned to pre-recession levels in 2010, with carbonates exhibiting a particularly marked recovery, according to Euromonitor.
The global carbonated soft drinks market is predicted to rebound next year after seeing its growth rate halve in 2008, with expansion by about five billion litres expected in Latin America, say consultants.
Heineken has used its subsidiary brewery in Asia to make a move in
India, recognising the country as the next big emerging market for
the major brewers to conquer.
Equipment supplier Serac has developed a machine with a neck
transfer system specifically developed for the filling of vegetable
oil into PET containers.
Malt- and chocolate-based drinks are often seen as relatively
unsophisticated in developed markets in the west, but in many
countries, in particular in Latin America, they are big business
indeed, marketed mostly as an excellent source...
A new Euromonitor report on the global soft drinks industry reveals
that emerging markets show strong growth in the sector, while
developed markets are faced with the challenge of market maturity.
Beverage giant Coca-Cola is considering building new bottling
plants in several locations in some of China's poorer inland
provinces, a company executive announced.