UK consumers slashed spending on fruit juice and health drinks during the recession, but sales are booming again despite growing health concerns, according to research firm Key Note.
Beverage industry innovation is led by hot rather than soft drinks, with the latter significantly more profitable and associated with an increased interest in new product forms, according to Euromonitor.
The firm behind Bazi – an antioxidant-rich energy shot claimed to trump rivals in the nutrition stakes – reckons it could be a $100m brand in four to five years as consumers look for something that will give them more than a caffeine blast.
Australia’s Premium Wine Brands and Treasury Wine Estates call on the government to reform the current value-based levies and abolish the wine equalisation tax (WET), as the country’s tax summit looms on the horizon.
Tough new regulations concerning classifying energy drinks as 'stimulant drug containing drinks' in Canada are not in the interest of consumers, according to the Canadian Beverage Association (CBA).
Power savings of up to 45 per cent are claimed to result from the modularisation of vacuum pumps in the brewing industry, according to equipment supplier KHS.
Sales of energy drinks are booming, but a new report from Rexam also highlights growing concerns about high caffeine soft drink use amongst young people, especially in the developing world.
5-Hour Energy is now selling nine million bottles of its energy shots a week compared with seven million last year, a 28% rise in volume, the firm has revealed.
Caffeinated coffee may not only give you a kick in the morning, it may also reduce the risk of developing diabetes, suggest results of a human trial by Harvard researchers.
Consumers of diet soft drinks risk the “rosy self-deception” that such products ‘cancel out’ excess calories consumed through food, while they could also encourage over-eating, Euromonitor International has suggested.
International wine manufacturers should look to cultural preferences for niche and premium red wines to be successful in China, according to an industry analyst.
Alkalized water firm Balance Water says it has “learnt its lesson” after the UK Advertising Standards Authority ruled yesterday that its advertised health claims were unsubstantiated.
PepsiCo has agreed to sell its majority 41.5 per cent stake in Thai soft drinks and bottling firm Serm Suk (SSC), after ThaiBev (THBEV) announced plans to acquire the latter for $548m last week.
Energy drinks giant Red Bull has accused Canadian firm Bullseye Beverages Ltd of infringing Red Bull trademarks and misleading consumers with its Bullseye Energy Drink.
Light consumption of red wine in particular may protect against weight gain, according to a recently published review study from Spanish academics at the University of Navarra.
Néstle Waters is the subject of a $50m class action, filed by a US customer who has accused the drinks giant of an 'oppressive and fraudulent scheme' regarding late payment fees, in a complaint filed with New Jersey Federal Court.
UK children’s food advocates, critical of marketing tactics by soft drink makers, are calling for further restrictions on TV advertising in a bid to curb what they claim are the industry’s misleading messages to children and parents.
UK supermarket Asda has issued a nationwide recall on a range of its own brand drinks over fears that a faulty sports cap closure could be a choking hazard.
A report by Human Right’s Watch (HRW) slating employee conditions in the South African wine industry is biased and unbalanced, said the country’s trade organisation.
5-hour Energy’s grip on the US energy shot market has tightened further in the past year, with the brand now accounting for nine out of every $10 spent in the burgeoning category.
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.
Australia-based Retail Food Group (RFG) will acquire the assets of New Zealand-based Evolution Coffee Roasters Group (ECRG) in a deal the latter expects will bolster its existing portfolio of products in the region.
Beverage giants Coca‐Cola and Nestlé Waters will take responsibility for collection and recycling of post‐consumer beverage packaging if the US passes new laws requiring them to do so, according to industry research.
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.
A new study suggests red wine polyphenols may protect omega-3 fatty acids from breaking down in the body, offering a possible mechanism for the cardiovascular benefits associated with red wine consumption.
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 UK tax duty reduction on reduced alcoholic beer will not have a strong impact on the beer industry, at least not in the short-term, according to Euromonitor.
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.
A troop of beverage companies in the US, including Coca-Cola, Del Monte and Dole, have made a move to dismiss allegations that their fruit juices contain harmful lead traces.
The European Commission's Joint Research Centre (JRC) has published three methods to detect an illegal clouding agent that was found earlier this year in sports drinks imported from Taiwan.
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.
A new electronic tongue system that can be applied to the analysis of the antioxidant power and other quality parameters of juices, fruit and fruit purées, has been developed by a team of Spanish researchers.
A delay in global harvests will contribute to lingering high coffee prices as the market struggles to bounce back from soaring costs earlier this year, according to Euromonitor.
Ball Corp said its 8oz ‘Trim’ can will help brand owners tap into a potential growth market likely to emerge in the wake of a new anti-obesity drive for children by the US government.
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.
Mediation between Coca-Cola and The Center for Science in the Public Interest (CSPI) over legal challenges to Coca-Cola’s VitaminWater range has been delayed following the launch of a new 'copycat’ lawsuit against the soft drinks giant.
Turkish frozen drinks company Meykar is to get a €1.4m loan from the European Bank for Reconstruction and Development (EBRD) to buy new processing equipment.
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.