Heineken buys up FEMSA beer business
Heineken has acquired the beer operations of the Mexican drinks giant FEMSA in exchange for a 20 per cent share in the Dutch brewer.
Mississippi to consider soda tax
Mississippi state representative John Mayo has introduced legislation to tax the syrup used to sweeten soda at a distribution level, according to local reports.
Ball and Rexam outline executive appointments
Can makers Ball Corporation and Rexam have both announced new appointments at the top of their packaging operations.
Global functional drink growth eases in recession
Global sales of functional drinks continue to rise but the recession has dampened progress, according to a new Zenith report.
Flavour and function triumph in bottled water market
Sales of flavoured and functional waters are growing strongly in Europe despite anti-bottled water campaigns, according to new figures from Zenith.
Fizzy drinks set to recover growth
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.
India can offer beer makers new market
The Indian beer market has enormous potential according to a company trying to raise £4.5m to finance an expansion in the country.
Report breaks down slowing global beer market
Growth in the global beer market is slowing as the economic downturn quickens the decline in Europe and North America, according to a new report.
Kids’ soft drink habits predict teenage weight: Study
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.
PepsiCo opens its first green plant in China
Beverage and food giant PepsiCo has pledged to invest $1bn in China and has opened its first eco-friendly plant in the western city of Chongqing.
Plastics confusion may mar sustainable consumer appeal - report
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’s appeal for food companies
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.
Soft drink and beer giants head east in Euro focus
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 takes Honest approach with innovation drive
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.
Western innovation drives ready to drink coffee growth
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 gives kick to global energy drink sales
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 announces three-way split
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.
Beer sales set to increase, says Heineken
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 aims at cost cutting with pub sale
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.
Ukraine acquisition steps up PepsiCo regional focus
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.
Buzz over Bud defies US beer malaise
Anheuser-Busch, brewer of Budweiser, could be set for an
operational shake up as rivals and investment firms target
it for a possible acquisition.
Moet Hennesy hopes to lift Chinese spirits
Moët Hennesy has acquired a majority stake in Chinese group Wen Jun
Distillery as it moves to expand its global premium spirits and
wine brands range.
Late lager surge boosts SABMiller
Higher growth across several beer markets in SABMiller's final
quarter has boosted the brewer's full year performance.
Anheuser-Busch looks to China
US brewer Anheuser-Busch is to expand its Chinese distribution
outlets as it looks to offset declining sales growth in its
Kettle launches modern take on traditional crisp flavour
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.
Diageo targets Asia-Pacific challenges with new regional hub
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 powers SAB beer growth
China, South America and Europe combined to offset disappointing
performances in North America and South Africa during brewer
SABMiller's third quarter.
San Miguel still undecided on future of bottler
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.
South America spurs SAB beer growth
Emerging markets in South America have spearheaded beer sales
growth for SABMiller over the last six months, outweighing doom and
gloom in the US.
When vegetables become victims
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...
Bottle case packer cuts costs, reduces damage
A new case packing machine for bottles can help processors speed up
production lines and cut costs, its manufacturer claims.
Nestlé to build new US beverage factory
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.
Oil costs hit Cadbury Schweppes margins
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.
SABMiller shares struggle despite in-line results
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.
Lawsuit pressure brings school soft drinks deal
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.
China, Russia buoy SABMiller sales
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.
PepsiCo opens China R&D centre
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.
Benzene levels in soft drinks are safe, says FDA
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
Sonoco boosts packaging capacity
Sonoco's acquisition of Wycon Corporation is designed to tap
increasing demand for flexible printed packaging in confectionery.
SABMiller chief outlines beer market prospects
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.
UK, Germany checking soft drinks for benzene
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.
First soft drinks obesity lawsuit set for Massachusetts
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.
Soft drinks shift rocks Cott profits
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.
Ferrero looks for growth in North America
Italian confectionery giant Ferrero will soon open its first
manufacturing plant in the Americas.
Brazil softens blow for InBev amid job cuts in Europe
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
Barry Callebaut's American interests grow
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.
Tata Tea plans to expand in US
India's number two tea maker Tata Tea is on the acquisition trail
in the US, where it plans to gain a greater share of the specialty
China to take the lead in tomato paste production
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...
Coke urges US and EU to tackle trade barriers
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 makes beverage dispensing acquisition
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...