Riding the trend for natural ingredients in food and drink
products, Wild says its natural ACE beverage concept - which uses
vitamins exclusively derived from organic sources - is boosting
flagging sales in the beverage sector.
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.
People on low incomes consume just as much unhealthy food and drink
as the general population, and so bad diets are the result of
personal choice, according to a study published by the UK
regulator Sunday.
In 2006, the price of beverages was on average two and a half
times more in the most expensive EU country than in the
cheapest, according to a Eurostat report.
PepsiCo and several other soft drink manufacturers have agreed to a
settlement in a lawsuit brought against the companies alleging
their products contained cancer-causing benzene.
As part of a plan to sell its drinks business, Cadbury Schweppes
today said it has acquired the Southeast-Atlantic Beverage Corp.
(Seabev), the second largest independent bottler in the US.
Cadbury Schweppes could face paying out six years worth of refunds
if a native New Yorker succeeds with a court suit against the
beverage giant's labelling practices.
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.
The publication of a new animal study on aspartame last month has -
as expected -sparked yet another bout of head butting from the two
opposing sides of the debate. But it also highlights a bigger
issue: one of transparency.
Coca-Cola Hellenic bottling company yesterday announced it has
agreed to acquire Russian beverage group Aquavision as it aims to
tap the full potential for soft drink sales in the country.
A new study from the UK suggests that children consumption of soft
drinks between age five and seven is not linked to obesity later in
childhood, challenging previous studies that have targeted soft
drinks as a major driver in the...
Demand for beverage containers in China is projected to increase
8.9 per cent per year to 2010, to about 181 billion units in 2010,
according to a new study.
Scottish & Newcastle is on track to meet its expectations for
continued full year profit throughout both its established and
emerging markets, the company said yesterday.
The cost of imported wines and spirits in India are set to drop
following the decision yesterday by the country's Central Board of
Excise and Customs (CEBC) to withdraw additional duties on foreign
alcohol products.
Mergers and acquisition activity is always ongoing in every segment
of industry, but this summer looks to be a particularly hot one for
food and beverage manufacturers.
Coca-Cola is launching a lighter-weight bottle for its major brands
in the UK, fulfilling a pledge to reduce the amount of
packaging used for its products, the company said today.
Diageo's operations within the lucrative South Korean whisky market
are facing further threats from ongoing investigations into its
practices within the country, the company said today.
Rexam has completed its divestment of its European glass packaging
business and is now preparing for its takeover of Owens-Illinois'
plastics division.
The party could be over for manufacturers of alcoholic shots and
shooters in the UK, as an industry body this week called time on
any industry practices that promote rapid drinking.
The future for Guinness's historic Dublin-based production site
seems as unclear this week as the popular beverage
itself, after Diageo announced that it was reviewing the
effectiveness of its production network in Ireland.
The outcome of a decisive EU parliamentary vote yesterday on a
definition of vodka could eventually end the uncertainty in
the beverage sector about a controversial labelling
issue.
Heineken has further extended its presence within the burgeoning
beer markets of Central and Eastern Europe with its
latest acquisition in the Czech Republic.
Following talks in London today, Cadbury Schweppes has officially
announced its new confectionery strategies, to be implemented
following the separation of its drink division, Americas Beverages.
Britvic announced Friday that it will commit to a UK-based scheme
designed to cut packaging waste from its products as part of an
agreement with the Waste & Resource Action Programme (WRAP).
It seems that mineral water just isn't healthy enough, as a growing
number of manufacturers move to tap growing demand for H2O
products that boast enhanced nutritional benefits.
The soft drinks industry has denied claims that its policy
on additive labelling is failing to alert consumers to the
possible risk of consuming its products.
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.
Coca-Cola will market Campbell's range of
vegetable-based juice brands in North America as it moves to
expand its presence in the non-carbonated drinks market.
Coca-Cola today pledged to overhaul how it uses water
throughout its operations and bottling franchises in a drive for
greater environmental sustainability.
The Sudanese ambassador to the US has threatened to withdraw the
supply of gum arabic, an emulsifier and stabiliser used by the food
industry, in response to a pledge to impose sanctions to help bring
an end to the bloodshed in Darfur.
The use of alcohol branding on children's replica shirts is to be
red-carded, as the industry faces further restrictions on how it
promotes its products.
Plans to rip out 400,000 hectares of vines to drain the EU's
bulging 'wine lake' will be watered down to put greater emphasis on
marketing wines abroad, Commission officials have confirmed.
China's spirits industry continues to entice some of the world's
leading beverage groups with Sweden's V&S group becoming the
latest multinational to tap the market through a new joint venture.