Coca-Cola has announced it will be discontinuing Coca-Cola Energy in North America, a beverage brand the company introduced early last year to establish a foothold in the energy drink category dominated by the likes of Monster Energy and Red Bull.
Sales of alcohol and fresh foods on e-commerce in China have surged during the COVID-19 epidemic, with market analysts predicting that the changes in consumer buying habits are here to stay.
Ready-to-drink (RTD) coffee is experiencing massive interest with emerging brands and large beverage players looking to take a gulp of the market as consumers increasingly swap out energy drinks and carbonated soft drinks for a chilled, on-the-go coffee...
Functional beverages are set to boom with projected 8% annual growth, with energy drinks, waters and teas strong performers – but are consumers growing weary of gimmicks.
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.
Energy drinks, sports drinks, and functional bottled water are among the functional and fortified beverage categories to watch, according to Euromonitor International.
The tea industry could take a leaf out of coffee’s innovation book as it looks to target the value potential in the premium market, according to Euromonitor.
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.
Some 70.4 million tonnes of sweeteners were used by the global food and beverage industry in 2008, including sugars. But which sweeteners are most used, in volume terms?
Manufacturers are hungry for ingredients that can aid weight management, says a new report from Euromonitor, but long-term advantages will only come with legislative approval and consumer education.
Innovation pushed from flavour firms operating in this competitive
sector brings food developers new opportunities to improve the
final product as ICI flavour subsidiary Quest International,
streamlined in May this year through the...
Consumers and producers are united in their desire for lighter,
functional packaging on the Russian food market, driving the
development of plastics and paper in the dairy, bakery and
confectionery sectors and sending traditional...
Thin, flexible and easy to handle - that is the major food
packaging trend emerging on the Polish market, helped along by
rising sales of dairy products and new hygiene laws on baked goods
in shops, writes Chris Mercer.
The consumption of baking mixes in the Asia Pacific region may be
low, but a rash of new launches on the market suggests that all
that might be set to change, as time-starved households move
towards quicker, easier alternatives.
Although the market for bakery mixes in Central and Eastern Europe
remains small, it is growing as consumers strive to bake at home
and save time. The latest look at the launches for this category
shows that variety is the driving...
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...
Brewers targeting the Russian beer market are increasingly shifting
their focus to premium lager, despite the fact that large numbers
of Russian consumers still cannot afford to buy it - an indication,
above all, of the strength of...
A recent market reports shows that in the Czech Republic - one of
the most developed markets in Central and Eastern Europe - the
consumption of soft drinks is rapidly catching up with the western
Europe average.
Greek wine producers are gearing up for an Olympic performance next
year when the eyes of the world turn to Athens for the summer
Games. But while this should help raise awareness of wines, sales
are still likely to be hampered by...
With western markets already mature, spirits producers are
increasingly looking for opportunities elsewhere, although
persuading consumers in Asia or Latin America to switch from
products such as soju and pisco will not be easy, claims...