Coca-Cola Europacific Partners (CCEP) and Aboitiz Equity Ventures (AEV) will jointly acquire Coca-Cola Beverages Philippines, the companies announced this morning.
After The Coca-Cola Co. halved its brands during the pandemic, the beverage giant is ready to strategically rebuild its product portfolio with “consumers at the center,” a new marketing model, a higher bar for innovation and an eye on a much larger prize...
The Coca-Cola Co. plans to raise prices again in 2023 against some retailers’ calls to roll back increases, arguing it has “earned the right to price with the consumers” through enhanced marketing and an agile packaging approach that balances premium...
Inflation and sustained demand drove 8.9% value sales growth of water-based drinks in Europe in the last year (full year ended August 2022) to €35.6bn, reveals analysis from IRI data from actual sales of FMCG products across Europe.
To kick start 2023, PepsiCo this week freshened up its beverage line-up, unveiling a new formulation for Pepsi Zero Sugar and releasing STARRY, a lemon lime-flavored soda that is replacing Sierra Mist.
While sports drinks are often loaded with sugar and can pack a hefty caloric punch, convincing people to replace them with water or unsweetened options may be more difficult than persuading them to ditch other sugar-sweetened beverages, including soda,...
As the pandemic progresses and consumers delve deeper into how nutrition impacts their health, they are expecting more from the products they buy – pushing beverage makers to blur category lines to offer more benefits, according to Mintel.
Fresh research suggests high consumption of sugar sweetened beverages is associated with a higher risk of early-onset colon colorectal cancer in women.
An Austrian startup selling health focused fruity water 'drops' is hoping to shake up the soft drinks industry with its sustainable and convenient solution.
The UK’s soft drink tax has probably been of greatest benefit to the Childhood Obesity Plan, says Association for the Study of Obesity Chair Dr Maria Bryant, and similar principles should ‘absolutely’ be applied to sugary milk drinks.
Twelve months on from launching in the US, Ugly Drinks CEO and co-founder Hugh Thomas shares lessons learnt from challenging the soft drink market across the pond.
Australian beverage giant Coca-Cola Amatil has recently announced its pioneering development of a 100% recyclable, carbonated-pressure proof soft drink bottle.
A new study has found no direct link between the consumption of sugar-sweetened drinks and elevated BMI in children, prompting authors to question the effectiveness of the UK’s single-nutrient tax approach.
Taste and price are no longer the only criteria for beverage launches: brands need to meet consumer demand for health, natural ingredients, responsible sourcing and sustainability. While the baseline for innovation has become more demanding, there is...
Taiwan’s Tai Wei Beverage Joint Stock Company Limited and Chinese processed fruit firm Tianyun International Holdings have secured an agreement to jointly produce and launch X-Bear energy drinks in China.
Scottish soft drinks manufacturer A.G. Barr says 99% of its portfolio will now escape the upcoming sugar tax in the UK, with its reformulated IRN-BRU drink hitting the shelves last month.
The Philippines' Tax Reform for Acceleration and Inclusion (TRAIN) law, which includes a new sugar tax, came into effect at the turn of the year, bringing with it a wave of confusion in the Philippines' drink sector.
Sugar taxes have continued to gain momentum in 2017, but the introduction of new legislation is rarely straight-forward. We take a look at countries around the globe where sugar taxes have been making headlines this year.
Soft drinks company Britvic says the introduction of sugar taxes in the UK and Ireland will bring ‘a high level of uncertainty’, but believes it is well prepared thanks to innovations in low and no calorie beverages.
Sports drinks, diet soft drinks and flavoured water appear to be more closely linked to dental problems and obesity in teens than traditional soft drinks, according to surprising new research.
The upcoming sugar tax in the UK – along with consumers’ concerns over sugar – have encouraged sports and energy drinks brands to step up low- and no-sugar product development. In fact, these varieties accounted for 26% of launches in 2016, according...
The Singapore government is weighing up a range of measures, including taxes, more stringent advertising bans and warning labels on products, for soft drink manufacturers that fail to meet its sugar reduction objectives.
Despite declining soda consumption and sugar sweetened beverage taxes going into effect across the US, Coca-Cola saw its soda revenue rise 4% in 2016 thanks to smaller packaging.
Australian logistics major Linfox has bought out Lion’s 50% stake in BevChain for an undisclosed sum and will take full control of the drinks distribution and warehousing group.
Soda Folk has launched five low calorie, low sugar sodas, in black Cherry, mandarin Orange, G&T inspired Juniper, Prosecco-inspired chardonnay Grape and cider-inspired Breton Apple.
While sales of sweetened beverages dropped by more than half within Philadelphia’s city limits following the imposition of a soda tax, they also substantially increased just outside city limits. Tax naysayers say these numbers are proof that the legislation...
Foreign soft drink manufacturers have taken control of more than half of Vietnam’s US$4bn non-alcoholic drink market for the first time, as local players work out how best to compete.
Aventics is responding to a trend towards more complex PET (Polyethylene terephthalate) bottle shapes and smaller batches with a PET bottle formation that can be controlled and adjusted during the blow molding process.
Hundreds of Indian beverage manufacturers are preparing to start adding fruit juice to their carbonated beverages in a bid to game the newly implemented GST regime.
Sparkling waters are the fastest growing segment of the booming bottled water industry: and Perrier is seeing ‘tremendous growth’ - particularly in the unsweetened flavors segment - as consumers look for alternatives to carbonated soft drinks.
The list of beverages consumers drink on a daily basis is becoming more restricted, but sparkling water has maintained a prime spot and is perceived as an everyday indulgence, according to Euromonitor.
Manufacturers are misleading consumers with images of fresh fruit on packaging when the actual fruit content is minimal or even zero, says trade group Freshfel, as it calls for a legal minimum threshold.
Sports and energy drink sales hit $25bn in 2016, according to the latest research by market data firm Packaged Facts. The firm forecasts that the category “will remain among the fastest growing sectors of the beverage market.”
Bottled water maintains the undisputed number one position in the non-alcoholic beverage market and will for some time, according to Beverage Marketing Corporation (BMC) Research.
Dr. Pepper Snapple Group (DPS) reported a 1.3% bump in revenue for Q1 2017 rising to $1.51bn from $1.49bn with its ginger ale brands showing the highest gains, while net profits dropped 3% due the acquisition of Bai Brands.
Drinking at least one artificially sweetened beverage daily may increase the risk of developing stroke or dementia compared to those who consumed this drink less than once a week.
The volume of sugar sweetened beverages sold in Berkeley declined by 9.6% in the year following implementation of a soda tax, showing the tax is ‘working as intended’, according to the authors of a new study.
Companies will not shoulder the increased cost of a selective tax that could increase the price of soft drinks by half once it is introduced in six Gulf countries.
Despite declining market share, there is hope for soft drink manufacturers who can adapt to the highly-competitive beverage market by utilizing major health trends like reduced sugar and digestive benefits, GlobalData research found.
The world is getting fatter and unhealthier - are smaller portions and diet drinks really going to help when they sit next to full-sugar, supersized products? Is it time to tax or is industry doing enough? Catch the highlights from our live debate.
British soft drinks producer Britvic says there are still ‘huge opportunities’ for growth within the soft drinks category: notably in low/no calorie drinks, personalized drinks, and the convenience channel.
