Carlsberg Malaysia believes that the upcoming festive season as well as stronger economic growth will help to drive improved sales for the rest of 2024, despite a negative performance in Singapore in Q3.
New Zealand alcohol-free brand AF has set its sight on tripling sales over the next twelve months, thanks to US listings in Target and Walmart. That visibility in retail is key for growing the category, the brand’s founder tells us.
Alcohol major Pernod Ricard is focusing on increasing awareness and availability of its prestige brands in burgeoning markets and channels, while expanding its premium craft spirits portfolio to meet growing interest for niche products.
Summer revenues for Coca-Cola Europacific Partners were stung by poor weather, though Euro football and the Paris Olympics contributed towards what is shaping up to be a “solid year” for the group.
Millie’s tea bag broths, made with herbs, spices and dehydrated vegetables landed in 2,000 Walmart stores last month, marking a major milestone for the brand as it disrupts the tea and broth categories.
Coca-Cola beat Wall Street estimates for its third quarter despite volumes and revenue declines, as the beverage giant pursues an “all-weather strategy" and offsets challenges with innovation in Sprite, Fanta and Topo Chico, company CEO James Quincey...
Diageo-owned The Singleton has identified flavours as a key focus area to further drive growth in Asia, where the complexity of Scotch whiskey and its versatility in localisation are increasingly recognised.
Wellness brand Apothékary’s retail partnership with Sprouts Farmers Markets highlights its product expansion of herbal powders for beverages to include tinctures that align with the retailers’ growing supplement department in the non-alcoholic space.
PepsiCo’s North American snack and beverage businesses continue to slow down in its third quarter of 2024, as the company adjusts its forecast from 4% organic revenue growth for the year to low single digits amid continued pressures but beats Wall Street...
Letters sent by Senator Elizabeth Warren (D-Mass.) and Representative Madeleine Dean (D-Penn.) to the CEOs of Coca-Cola, General Mills and PepsiCo express concern over pricing and tax practices that, according to the policy makers, “squeeze profits out...
Recoup’s prebiotic sparkling beverages hit the shelves at 420 Sprouts Farmers Market stores nationwide, as the company leans into gut health and regenerative agriculture claims to deliver consumer demands for functional and environmental benefits....
Beekeeper Coffee's co-founders leveraged their extensive brand-building expertise from giants like Nike and Beats by Dre to stand out in the crowded RTD coffee market with a distinct honey-sweetened brew, emphasizing authenticity and sustainability...
The acquisition of the Texas-based family-owned maker of Mexican-inspired snacks and foods marks a significant step for PepsiCo, aligning with its strategy to expand its health-conscious and multicultural offerings.
Suja Life rebranded its line of Suja Organic cold-pressed juices and wellness shots to simplify the product’s functionality and flavors as the company grows into more occasions and dayparts with its acquisition of soda brand Slice.
With Coca-Cola and Bacardi’s RTD cocktail announced for a 2025 launch, we take a look at some of the other big name partnerships between soft drink giants and beverage alcohol heavyweights in this space.
When PepsiCo recently surpassed its goal of 25% improvement in operational water-use efficiency from a 2015 baseline in regions facing high water risks two years ahead of schedule it was not because the company hit a lucky home run, according to Bryan...
Molson Coors has announced a strategic partnership with Naked Life, the no.1 non-alcoholic RTD cocktail company in Australia, to bring the canned cocktails to the US.
Alcohol giant Pernod Ricard has launched a new digital label initiative in Singapore, hoping to tap on South East Asian consumer demands for increased information and shift towards better drinking habits.
Big advertising budgets are not a requirement for big sales or an indicator of how successful a marketing campaign will be as illustrated by a viral video on social media by functional beverage newcomer Yesly, which generated more than 16 million views...
Danone has launched its first kefir range in the UK as the company aims to tackle consumer scepticism and raise awareness of the fermented dairy product’s health benefits.
Japanese beverage major Kirin Group has seen its launch of a new beer brand as well as investments into functional beverage innovation and overseas whiskey expansion bear fruit in the first quarter of 2024.
The MD of prosecco specialist firm Bottega has highlighted the company’s plans to increase supply and marketing spend to boost its position in the Asian region, predicting that this is likely to become its biggest market in the near future.
Plastic replacement technology firm Xampla’s partnership with Lehmann Ingredients will seek to build on global consumers’ growing demand for personalised nutrition.
Britvic shareholders have voted in favor of Carlsberg’s proposed acquisition of the company: bringing the creation of UK beer and soft drink giant Carlsberg Britvic one step closer.
Soon-to-launch AVVIKA breaks away from traditional energy drinks as a caffeine alternative that calls out its suppliers’ functional ingredients on the label for transparent communication with consumers, brand founders Doug Resh and Holden Rouse told FoodNavigator-USA.
Craft beer firm Lion Brewery has described Singapore as one of the most vibrant and important craft beer markets in the region driven by strong consumer demand, despite facing significant ‘anti-competitive’ challenges to entry and growth.
Coca-Cola Europacific (CCEP) has seen its newest acquisition of Coca-Cola Philippines pay off with strong sales contributing to significant APAC growth in the first half of the year.
Collaborations in the snack industry are vital for innovation, market expansion and consumer engagement. These partnerships lead to the creation of novel products that blend diverse flavors and cultural influences, capturing consumer interest and expanding...
Cannabis and consumer packaged goods company Tilray Brands will acquire Hop Valley Brewing Company, Terrapin Beer Co., Revolver Brewing and Atwater Brewery from Molson Coors: continuing its growth in beverage alcohol.
China dairy giant Yili has ventured into the ready-to-drink (RTD) tea segment with an entirely new product concept dubbed the ‘instant brewed tea’ under its INIKIN brand as it looks to capture a new base of local consumers.
Thai-based natural energy drink brand En-Theories has highlighted the paradox between a rising demand for better-for-you beverage options and consumer aversion towards the term ‘energy drinks’ as a major challenge for healthier, more natural alternatives...
Ancient Drinks is taking its first major step beyond its direct-to-consumer roots and into retailers on the West Coast and the Southwest, including natural retailers Lassens and Good Earth Markets, as it tries to rewrite the sports drink branding playbook...
The designer of Suntory’s internationally successful BOSS RTD coffee brand has revealed how empathy and metaphorical references have been crucial to the long-lasting and widespread growth of the 32 year-old brand across the world.
