Spain's soft drinks market is expected to grow by around 7 per cent
this year, a slight slowdown compared to 2003's heatwave-boosted
performance but nonetheless healthy growth driven by premium and
functional products.
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.
Sunny Delight, the much-maligned soft drink from Procter &
Gamble, is to be sold to a US-based private equity group as part of
P&G's decision to focus on its snacks and coffee units.
Coca-Cola Japan is to launch a drink flavoured with fragrances
thought to activate the fat-burning process in a new joint venture
with cosmetics firm Shiseido.
New research appears to absolve the soft drinks industry from
responsibility for the low calcium intake among US adolescents but
it suggests that creative and effective ways of increasing levels
of the mineral, such as through fortified...
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.
Bottled water, new age beverages and energy drinks are driving
growth in the global soft drinks market, but carbonates are losing
their appeal, according to a new report from market analysts
Datamonitor.
East European consumers are enjoying an ever wider choice of soft
drinks as markets open up and purchasing power increases. And
growth in the market shows no sign of slowing, as popular local
brands continue to hold their own against...
The last few years have seen a quickening in the pace of new
product launches by the world's top two soft drinks companies, with
new flavour or formula variants of the traditional Coca-Cola and
Pepsi brands leading the way.
Soft drinks are set to become the biggest beverage sector in the
world, overtaking hot drinks, with consumption rising by around 5
per cent a year, according to a new report from Zenith
International. But while the US remains the...
Non-carbonated beverages will account for a bigger share of
European profits for Coca-Cola than its flagship carbonate brands
within three years, the head of the US group's European operations
told analysts yesterday.
Researchers in the UK have been baffled by the findings of a test
conducted to find whether consumers prefer the taste of sugar or
sweetners in their soft drink.
Cadbury Schweppes has recommended that both Coca-Cola and Pepsi
bottlers make Dr Pepper a priority brand again, following the
industry's failure to capitalise on the growing trend to new soft
drinks.
Olvi, the Finnish drinks group, has taken control of Estonian
company Finelin in a deal valued at €10.3 million. Olvi's Estonian
subsidiary, A.Le Coq, will now own 100 per cent of Finelin.
According to a five-yearly report from the Freedonia Group, US
demand for beverage containers, by far the biggest market in the
world, is projected to increase 1.7 percent per yearto 224 billion
units in 2007.
Carbonates are still the rulers of the US soft drinks market, but
Americans are turning increasingly to packaged water as a healthier
alternative to the sugary fizzy drinks. And with much of the US
suffering an almost permanent drought,...
British consumers are drinking nearly three times as much bottled
water as they were just five years ago - but few drink anywhere
near the recommended daily intake, according to Mintel.
Feldschlösschen, the Swiss unit of Denmark's Carlsberg group, is to
sell its soft drink unit to compatriot juice and cider maker
Thurella in order to focus on its core beer and mineral operations.
An exceptionally hot summer in India last year was good news for
soft drink producers, in particular carbonate manufacturers who saw
sales surge by 20 per cent.
With average annual consumption of 222 litres per capita, the UK is
undoubtedly one of the most important soft drinks markets in
western Europe. Innovation, health and convenience were the main
drivers of a market which has grown...
Metro, Germany's largest food retailer, is the latest to stop
selling beer in small cans and bottles in a bid to avoid the high
cost of implementing a new recycling scheme for such products. Beer
sales in Germany are likely to...
Soft drinks consumption in Poland has grown almost exponentially in
the last 10 years, but despite this, growth shows no signs of
slowing as retail networks improve and more new products are
launched.
Sparking milk-based drink Crazy Cow soda has been launched in the
US. Manufacturer The Sparkling Milk Company believes that this is
the first shelf-stable milk-based product to hit the supermarkets.
Tagatose developer Spherix says that global drinks manufacturer
PepsiCo is exploring the use of the sweetener in several products,
including beverages.
Revolutionary Cooling Systems (RCS) has launched the new Cooper
Cooler rapid beverage chiller. The company claims that the device
can chill wine, beer and soft drinks in around a minute.
Poor summer weather in 2002 kept growth in the Italian soft drinks
market to around half that seen in previous years. But, according
to Canadean, the glitch is likely to be temporary, with plenty of
growth expected in the years to...
Arca Systems, which develops products and systems for materials
handling, has developed a new packaging system for soft drink
products together with The Coca-Cola Company.
US food company Kraft Foods has put its powdered soft drink
concentrate plant in Hyderabad, India up for sale, reports the
Indian paper Financial Express.
British soft drinks group AG Barr has reported a 3 per cent
increase in sales for 2002 - growth which far outstrips the UK
carbonate sector as a whole.
Britvic, the UK's number two soft drink producer, is to launch a
new brand, Freekee Soda, next month which it claims offers a
'unique' drinking experience for British consumers - a combination
of milk and fruit juice,...
Pommac, a carbonated soft drink well-known to drinkers in Sweden
and Finland, has been voted one of the brands to watch for 2003 by
fashion magazine Wallpaper.
Cheerwine, the quirky US soft drink which is popular in the
southeastern states, is now available for the first time in Europe.
Norway will be the first market for the cherry-flavoured soft drink
outside North America.
Growing demand for beverage additives in the US is being driven by
the trend for nutritional and functional drinks, finds a new report
by market research firm The Freedonia Group.
Health concerns are leading to increasing consumption of bottled
and bulk water, so much so in fact that water is set to overtake
carbonates as the leading soft drink within just three years,
according to a new report by Canadean.
Polish soft drinks and mineral water producer Hoop has acquired its
counterpart Woda Grodziska, a move which it says will enable it to
step up its plans for expanding to the German market for the first
time.
While the major soft drink producers continue to innovate and
launch new products in saturated markets in the west, it is Asia
which is likely to power growth in the global soft drinks market
over the next five years, according to...
Pepsi Bottling Group, the largest maker of Pepsi-Cola drinks, said
on Tuesday its third-quarter profit rose, meeting expectations, as
strong results in Russia helped offset lower-than-expected volume
in the United States and Spain.
After a difficult few years of restructuring and debt reduction,
Brau und Brunnen has decided to combine its beer and soft drink
sales units to offer a broader range of products and to allow it to
react more quickly to consumer demand...
Soft drink giant Coca-Cola, facing a stiff challenge from archrival
PepsiCo in the crucial North American market, on Monday unveiled a
new vanilla-flavoured version of its flagship Coke brand, reports
Reuters.
