Mississippi state representative John Mayo has introduced legislation to tax the syrup used to sweeten soda at a distribution level, according to local reports.
The global carbonated soft drinks market is predicted to rebound next year after seeing its growth rate halve in 2008, with expansion by about five billion litres expected in Latin America, say consultants.
Five-year-olds’ consumption of sweetened beverages could give an indication of their weight status for the following ten years, according to a new study in the American Journal of Clinical Nutrition.
Less may seemingly be more for some soft drinks pack designs amidst consumer concerns over waste, though uncertainty about the recyclable properties of plastic may be setting back some industry sustainability commitments, says new research.
Latin America presents growing opportunities for investment for food manufacturers, even as the economic crisis takes its toll on American and European markets, according to a new market report.
While they may produce very different types of beverages,
multinational manufacturers Heineken and PepsiCo have both
committed to further expansion within the high growth markets of
Central and Eastern Europe.
Coca-Cola will acquire a 40 per cent stake in US-based organic
beverage group Honest Tea, as part of an ongoing drive to focus on
non-carbonated alternatives for its brands.
Rising demand for ready to drink (RTD) coffee in both Western
Europe and North America is expected to drive global growth in the
market as the industry meets consumer demands for taste and
functionality, new research says.
US consumers drank 990m litres of energy drinks during 2006, a 47
per cent increase over the previous year, making the
country the largest global market for the product.
PepsiCo today announced it will split its
operations into three separate units in a move to better
harness the growth of its snack and beverage businesses.
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.
InBev will sell a majority stake in its pub and bar division to
Belgian real estate group Cofinimmo in a bid to cut costs and focus
on its core beer operations.
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.
Premium crisp manufacturer Kettle Chips has launched a new variety
of an old classic to tempt lovers of the traditional best-selling
cheese & onion flavour.
Drinks giant Diageo has announced the creation of a combined
regional hub for its Asian Pacific operations as it looks to
increase its focus on distributing its brands in the region.
China, South America and Europe combined to offset disappointing
performances in North America and South Africa during brewer
SABMiller's third quarter.
San Miguel, the Philippines biggest food and beverage producer,
said on Friday that it has not yet reached a deal deciding the
future ownership of its bottling joint venture with Coca-Cola.
The demonisation of spinach following last week's E.coli outbreak
could give salad-dodgers the excuse they have been looking for to
skimp on their recommended five to nine portions of fruit and veg a
day. Without communication...
Swiss food giant Nestlé has announced plans to open a $359m
(€281.9m) factory and distribution centre in Indianapolis, to cater
for rising demand for its ready-to-drink beverages.
Rising oil prices are likely to make Cadbury Schweppes miss its
targets for profit margin growth this year, despite sales rises
across most of the business, the group said.
Russia and China have spurred on SABMiller's beer sales over the
last year, but shares struggled to recover after the brewer
remained cautious on future profits in North America.
Soft drinks firms have bowed to pressure from lawyers by pledging
to pull more fizzy drinks out of US schools, but faced continued
uncertainty last night as some legal experts involved pointed to
loopholes in the deal.
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.
US soft drinks giant Pepsi opened its first research and
development centre outside the US in Shanghai yesterday, signalling
its commitment to the fast-growing Chinese market.
Levels of benzene found in soft drinks so far are not a safety risk
for consumers, says the US food safety watchdog, attempting to calm
public concern.
Consumers all over the world are trading up for their drinks, says
SABMiller's chief executive, telling an analyst conference how the
beer industry can secure long-term growth.
Food safety authorities in Britain and Germany are checking soft
drinks for benzene after tests suggest a private deal with soft
drinks firms in the US, 15 years ago, failed to fix the problem.
A lawsuit aimed at getting soft drinks out of US schools on obesity
grounds will be filed in Massachusetts, just as lawmakers there
prepare to vote on a school junk food ban.
Profits tumbled by two thirds last year for the world's largest
supplier of private label soft drinks, Cott Corporation, as the
group struggled to cope with rising input costs and a consumer
shift to non-carbonated drinks.
Protests hit the headquarters of Belgian brewing giant InBev as the
brewer continues to cut back European brewing facilities, but the
group's strong foothold in Latin America is keeping the future
bright.
Cocoa manufacturing giant Barry Callebaut has underlined the
importance of the US in its global portfolio with the opening of a
new $20 million facility.
China is on its way to becoming the largest exporter of tomato
paste in the world as Xinjiang Production and Construction
Corporation (XPCC) increases its production capacity for tomato
paste to 500 million tons a year, writes Hridyesh...
Companies seeking to do business across the Atlantic face
significant hurdles if the United States and European Union do not
work to remove non-tariff trade barriers, claimed Coca-Cola chief
executive Neville Isdell.
Crown Zeller USA has purchased a 49 per cent stake in Torres &
Towers, a privately held enterprise manufacturing beverage
closures. The move will help add economies of scales to Crown
Zeller's beverage dispensing manufacturing...
A slump in international sales means that Coca-Cola is set to
switch its focus to the China market in an effort to sustain
growth. The company said that with current economic growth
continuing apace, China should be its third biggest...