Strong Coca-Cola brand performance in India – which saw overall growth of 35% – underpinned three per cent growth in the year to date for the Coke in sparkling beverages, but the firm warned of a 'prolonged crisis' worldwide on the economic...
The Chinese are drinking more beer and buying more expensive varieties, but multinational brewers need to innovate to seize growth opportunities presented by groups such as female drinkers, says Mintel.
The food and beverage production industry is ramping up its innovation pipeline as a way of bucking the uncertain economic trend, Anuga FoodTec show director Peter Grothues told FoodProductionDaily.com at the event last week in Cologne, Germany.
Nestle has indicated that the recession need not be all about cutting costs and keeping prices down, unveiling initiatives to tackle longer-term economic and social challenges, and create shareholder- and public-value.
Eastern European markets like Russia have been a key driver for brewers’ sales in recent years, though as governments in the West look to help prop up some economies in the region, beer is one area that may lose its fizz for multinationals.
Growing consumer spending levels in China have helped boost sales
at two of the world's leading drinks groups. South Africa's
SABMiller and France's Rémy Cointreau both benefited from the
increasing interest in premium...
Coca-Cola has confirmed that construction has begun on a new
bottling plant in the Zhangquiu City near Jinan, capital of
Shandong Province in east China. The move is part of a trend
whereby large food and drink companies are increasingly...
Italy-based chemical group Gruppo Mossi & Ghisolfi (M&G) is
constructing a new high-performance PET plant in South America,
warning that the commodity market is becoming seriously
oversupplied, writes Anthony Fletcher.
Changing attitudes to the health benefits of foods and an increased
effort to solve technical and economic issues has raised support
for flour fortification among industry members, showed a meeting
held in London yesterday.
Associated British Foods, the UK-based international food,
ingredients and retail group, has announced that it has sold its
glass packaging business, Allied Glass Containers, to its
management who are supported by Close Brothers Private...