Valued at $28bn globally and expected to grow another $8.3bn by 2020, according to Euromonitor, the instant coffee market is taking developing areas of the world by storm but not gaining much traction in developed ones.
Mitsubishi Electric Europe has opened a Factory Automation (FA) centre in Italy and an FA satellite centre in South Africa, to provide automation product services to Southern Europe and Africa, beginning operations April 1, 2016.
Nomad Holdings (Nomad) has appointed Stéfan Descheemaeker as CEO of its recently-announced acquisition of Iglo Foods Holdings (Iglo Group), which is expected to close in the second quarter of 2015.
DS Smith has acquired Duropack Group (Duropack) recycled corrugated board packaging for approximately €300m ($339m), the transaction is expected to close in the second quarter of 2015.
Carlsberg’s CEO and president Jørgen Buhl Rasmussen will retire from the group in June, and will be succeeded by Cees ‘t Hart (currently CEO of the Dutch dairy giant Royal FrieslandCampina).
Rabobank has tipped rum to capture spirits market share from Scotch in the EU as high-quality aged sipping varieties win over consumers in the UK, Benelux, France, the Nordics and Eastern Europe.
Carlsberg’s CEO warned today that its Russian subsidiary Baltika Breweries is considering brewery closures due to a fragile consumer confidence affected by the ongoing Ukraine crisis.
Coca-Cola Hellenic says it is exploring the technological aspects of filling dairy and juice-based mixed drinks but agrees with Refresco Gerber that Western European markets are not quite ready.
Carlsberg’s CEO says that deadly clashes between police and opposition protestors in Ukraine have not hit beer sales yet but hinted that they could do so in future.
Carlsberg CEO Jorgen Buhl Rasmussen says the firm is currently less concerned with building Asian margins than securing growth in a key region, particularly in markets such as China and India.
HEINEKEN WINNING VOLUME AT EXPENSE OF MARGIN IN RUSSIA: ANALYST
Heineken has confirmed to BeverageDaily.com that it will move its Central and Eastern European (CEE) leadership team from Vienna to Amsterdam this summer, to better drive regional growth.
Despite media reports that a growing number of North American craft brewers are reaching for cans, glass packaging giant O-I insists this isn’t a major trend, nor is it at the expense of glass bottles.
APPE has told BeverageDaily.com that it is building a new Polish facility on the back of local contract wins with two multinationals, with PET-based juice and water sales soaring in Eastern Europe.
Providing information on food labels about the processing method used in their manufacture can heighten consumer acceptance of high pressure processing (HPP) and pulsed electric field processing (PEF), according to new research.
Symrise subsidiary DrinkStar is taking over much of the European distribution of Velcorin, a microbial control agent for drinks that is produced by Lanxess.
Eastern Europe’s potential as an antidote to declining beer demand in more mature markets has taken another blow as Carlsberg reportedly prepares to step up its focus on the emerging markets of Asia to offset concerns about regional sales.
SABMiller says the economic downturn is beginning to have a noticeable impact on its operations as consumer demand for its lager brands has tailed off from the start of this year.
The European soft drinks market has been hard hit by the tightening economic environment, and many stakeholders in the industry are losing confidence in the prospects of the sector, according to a new report.
This week, Britvic says the strong performance of its global brands is keeping it on track to meet profit forecast and the Eastern European market for bottled water shows potential for further growth.
Despite declining sales growth for leading brewers like Carlsberg and InBev in Russia, analysts and industry alike suggest that the country’s beer market is far from stagnating.
The Eastern European market for fruit juices and nectars was up by 10 per cent to €6.4bn last year, an upward trajectory expected to continue in the coming years, says a new report.
Australian packaging giant Amcor has announced the sale of two of
its European flexible packaging production facilities as part of
its restructuring programme.
Increasing profitability within the beer markets of Eastern Europe
could further complicate the battle between Scottish &
Newcastle and Carlsberg for control of their regional joint venture
Baltic Beverages Holding (BBH).
Private investment firm Lion Capital yesterday became the
latest foreign firm to enter the burgeoning Russian fruit juice
market through the acquisition of local manufacturer Nidan.
SABMiller today revealed it is to expand its presence within the
high growth beer markets of Eastern Europe with the acquisition of
Polish brewer Browar Belgia for about €65m.
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.
European confectionery private label market share is continuing to
grow strongly, according the latest statistics by Neilsen for the
Private Label Market Association.
Heineken has further extended its presence within the burgeoning
beer markets of Central and Eastern Europe with its
latest acquisition in the Czech Republic.
PepsiCo is to step up its presence in the burgeoning Eastern
European soft drinks market by acquiring an 80 per cent stake in
one of Ukraine's leading juice producers.
Central and Eastern European sugar processors are bearing the brunt
of new EU reforms due to dominant Western European companies within
the industry acting in a political and not economic manner, claims
an agricultural expert.
Ingredients giant Tate & Lyle is considering the sale of its
Food & Industrial Ingredients, Europe (TALFIIE) division, in a
move designed to sharpen its focus on value added ingredients, the
firm announced yesterday.
Emerging beer markets in Asia and Eastern Europe have continued to
buoy SABMiller over the last year, amid problems in North and
Central America, the firm said in a trading update.
Falling beer markets across Western Europe have claimed Carlsberg
as their latest victim, handing the Danish brewer heavy losses in
its first quarter despite strong performances in Russia and Asia,
reports Chris Mercer.
Ambitious US ingredients supplier Cargill boosts its war chest,
announcing a 35 per cent rise in profit for the third quarter of
2005, on gains from commodity trading and its animal feed and steel
businesses.
FoodProductionDaily.com caught up with Chr Hansen in Prague
at the beginning of a five-week marketing odyssey designed to bring
the company closer to the emerging markets of Eastern Europe.
Three of Europe's biggest beer makers have reported mixed results
this week, with Scottish & Newcastle, Carlsberg and Heineken
all underlining the need to cut costs and increase advertising
expenditure, especially for premium...
Danish ingredients giant Chr Hansen is about to launch an intensive
research and marketing campaign across Eastern Europe to learn more
about local taste preferences and beat the opposition to one of the
world's most promising...
Ukraine's largest malt house is to receive more than €9 million in
outside funding to double its production capacity - helping French
company Soufflet to dominate the region and make the factory a
stable source of income for...
Poland is set to become the prime international market for Heineken
as Grupa Zywiec reports booming sales and profits for the first
half of the year. A strategy focusing on one brand for each beer
segment and concerted efforts to...
Polish trading company Uno Fresco Tradex has announced an
initiative that combines nine medium-sized food and beverage
companies aiming to export their products to other eastern European
markets. Simon Pitman found out how the integration...
The Russian dairy market has seen phenomenal growth in recent
years, driven largely by the development of Wimm-Bill-Dann and
other western dairy companies. France-based dairy equpment supplier
Erca-Formseal shares its experiences...
Research published findings in the Journal of Food Protection
suggests that the presence of undeclared peanut protein in European
chocolate is much higher than in North American confectionery.
Grundfos has reported that for the first six months of 2003 it
achieved a pre-tax profit of DK374 million (€50.3m) - an increase
of DK162 million compared with the same period last year.
Strong performance in the developing markets, particularly Eastern
Europe, looks set to drive growth in global beer sales in the
four-year forecast period to 2007, according to a recent global
report produced by Euromonitor.
