While it might not be able to sustain its early “meteoric” growth rates, the energy shots market still has significant growth potential and can potentially target a far wider audience than energy drinks, market researchers have predicted.
The leading source of news for the food and beverage industry in Europe and North America has now expanded to Asia, drawing on the knowledge and expertise of experienced local journalists.
Consuming 25 percent of daily calories in the form of added sugars – in line with the government recommended maximum – could increase risk factors for heart disease, according to a new study.
Cadbury has spent £4.5m installing new equipment to manufacture chocolate drinks in-house at its Chirk factory near Wrexham, while the company says its Somerdale site will be sold within months.
A David vs Goliath battle is set to be waged in the US energy shots sector as two ex-Marines seek to carve out a niche in a market so competitive that even Red Bull has thrown in the towel and made a sharp exit.
Research conducted by stevia partners Cargill and Associated British Foods subsidiary Silver Spoon has found UK consumers are keen for natural alternatives to artificial low-calorie sweeteners.
Nestlé’s Nescafé brand is to increase its footprint in Vietnam through a CHF 230m (€219m) investment which will be used to set up a new coffee factory in the region.
The US energy drinks sector is continuing to generate ”quite remarkable” growth despite the depressing economic climate and high gas prices, according to the owner of Monster Energy drinks and Worx Energy shots.
UK market researchers Mintel report a shift in young people’s drinking habits with a trend towards greater ‘in the home’ consumption, while analysts also note an increasing preference for premium alcohol brands overall.
Britain now boasts more than 800 breweries; a higher total than at any time since the Second World War, according to the Campaign for Real Ale (CAMRA).
The jobs market in the food and drink industry is extremely buoyant, with skills shortages and growing demand set to push up salaries across the board.
Standard Chartered Private Equity (SCPE) has invested about US$56m in India-based bottler Varun Beverages Ltd, as a new market report hints at untapped potential in India's soft drinks market.
Global energy drink leader Red Bull has taken a rare step back by withdrawing Red Bull Cola and Red Bull Energy Shots from the US market – but says it has no plans to withdraw the products from the other 20 markets where they are sold.
Molson Coors’ new beer could be tapping into a £396m opportunity in the UK if it can achieve its aim of getting more women to buy into the category, said the brewer.
With brand loyalty in the beverage aisles “in freefall” manufacturers have to work harder to excite consumers with new ideas from retro-style acid phosphates to drinking vinegar and Horchata, according to market researchers at The Hartman Group.
Teenagers develop more of a liking for unfamiliar fizzy drinks over time when they include significant doses of caffeine, according to research presented at this week’s meeting of the Society for the Study of Ingestive Behavior (SSIB) in Florida.
The effect of sugary beverage consumption on body mass index (BMI) is difficult to discern based on current research, claims a new meta-analysis of randomized controlled trials published in Obesity Reviews.
Nestle has won a court appeal against a Swiss discounter making coffee capsules as it pursues legal action to protect its Nespresso brand in several countries.
Hype about the promise of stevia created inflated expectations – but the market has evolved in response, according to stevia supplier PureCircle’s vice president of global marketing Jason Hecker.
A class action lawsuit brought against Coca-Cola by advocacy group The Center for Science in the Public Interest (CSPI) over Coke’s VitaminWater range is set to go to mediation, FoodNavigator-USA has learned.
The European Commission (EC) has confirmed that it has cancelled Twinings application for a €12m (£10.6m) grant to build a new factory in Poland, where the new site will eventually cost up to 392 UK jobs.
Rabobank has warned that orange juice prices are likely to remain high over the next decade as farmers in Brazil and the US battle higher production costs.
Zein Abdalla, the PepsiCo executive who oversaw the acquisition of Wimm-Bill-Dann last year as CEO of PepsiCo Europe, has been elected as the new president of the Union of European Beverages Associations (UNESDA).
The tea industry could take a leaf out of coffee’s innovation book as it looks to target the value potential in the premium market, according to Euromonitor.
Coffee prices may have reached record highs but they are unlikely to derail the hot drink from its high growth path, according to the head of beverage research at Euromonitor.
Russia is threatening to ban sales of PET beer bottles but a new report from Pira indicates that the global popularity of the plastic among brewers is on the increase.
Eight of the top 12 soy drink consuming countries are Asian with Hong Kong residents consuming the most at 17 litres per year each, according to TetraPak data.
Signs of mild recovery in the EU food and drink sector came with the confirmation of 1.5 per cent growth in the in 27 member states during the last three months of 2010 compared with the previous quarter, according to latest CIAA Economic Quarterly Bulletin.
Carlsberg has abandoned its slogan “probably the best beer in the world” in a rebranding that the Danish brewer thinks will help double the brand’s profits by 2015.
PepsiCo filed for trademarks for three new mid-calorie soft drinks in late January and early February – Pepsi Next, Mtn Dew Next, and Sierra Mist Next, according to trademark office records.
Today ingredients supplier Symrise announced its intention to invest more into its German beverage compound factory as the plant celebrates its 100 year anniversary.
Scotch whisky export sales reached record levels last year, despite a two per cent volume drop, as demand grew for premium products, said the Scotch Whisky Association (SWA).
Beverage giant Coca-Cola is donating 2.5bn Yen (US$31m) to areas affected by the tsunami, earthquake and nuclear disaster that hit the country this month.
Tea is the most popular beverage worldwide after water but only ranks seventh in the United States, presenting a huge opportunity for beverage manufacturers, according to founder and president of World Tea Media George Jage.
