Brown-Forman may have suffered a 3% loss in net sales, declining to $830m in Q2, but the CEO Paul Varga said the decline was to be expected after the company sold its Southern Comfort and Tuaca brands to Sazerac for $543.5m earlier this year.
The Brewers Association, the not-for-profit trade association for small and independent US brewers, looks back on the defining trends of 2016 for the craft beer industry.
A recent roundup of seven smoothie trends identified by beverage innovation center, Imbibe, shows that consumers are prioritizing health and wellness but with their own personalized spin.
Consumption habits are changing at a fast pace globally and Europe is leading on many of the emerging trends. But, juice and dairy consumption is declining across western Europe, largely driven by the increasingly negative image of processed beverages...
‘The final step in the craft brewer’s process is also one of the most important – choosing the right packaging. Understandably, brewers want something that will highlight the nature of their artisan product.
While many beverage brands focus their products and marketing on millennials, they may be unknowingly neglecting an ‘enormous portion of consumer dollars’ in the Generation X and baby boomer categories, according to IRI.
Luke Johnstone, founder of PACK’D frozen Smoothie Kits, has won Young Entrepreneur of the Year at the 18th annual national Amazon Growing Business Awards.
Australia’s newest distillery start-up has been using crowdfunding to bring to market a dry gin made from a wealth of local botanicals developed with the help of Scottish whisky master distiller Jim McEwan.
Counterfeiting is predicted to increase 3% per year worldwide leading to a rise in the anti-counterfeiting market over the next five years with CAGRs ranging from 12.8% to 16%, says PMMI (Association for Packaging and Processing Technologies).
'Significant players have acted to accelerate reformulation; others need to be more ambitious and move faster'
The UK government is pushing ahead with its soft drinks industry levy, saying that the impending legislation is already encouraging producers to reformulate their drinks.
A team of Chicago-based t-shirt printers and part-time “soda enthusiasts” collaborated to make non-alcoholic Hop Pop, a hops-flavored soda that can function as a standalone craft beverage or as a cocktail mixer.
Food Matters Live in London played host to a range of food and beverage makers all eager to show off the flavours and unique ingredients, which they think will continue to trend in 2017.
Unilever spoke about flavonoids (dietary compounds) found in tea, wine, cocoa, fruits and vegetables at Journées Francophones de Nutrition (JFN) tradeshow in Montpellier, France, last week (November 30-December 2).
Beer production and consumption is on the rise within the EU, but trade with the rest of the world is also becoming increasingly significant, according to the Brewers of Europe.
The guilty verdict handed down this week in the 5-hour Energy product counterfeiting case is a milestone within the nutritional products sphere that could serve an important deterrent function, said a lawyer serving the plaintiff.
Starbucks CEO, Howard Schultz, will be stepping down from his post as head of the company; and the global coffee chain’s current president and COO, Kevin Johnson, will step in as CEO.
Beer is experiencing a renaissance in Europe, with 7,500 breweries and an industry that adds the equivalent of the GDP of Luxembourg annually to EU output, according to the latest figures from The Brewers of Europe.
As Vietnam’s 93m population grows in size and purchasing power, healthy soft drinks are becoming more attractive for food and beverage sector investors.
Nine companies battled it out for a place on Heineken’s Design & Packaging Team to design its next generation smart bottle, at the AIPIA Congress in Amsterdam.
For beverage companies looking to stay purely organic, Applied Food Sciences (AFS) is introducing two organic, water-soluble extracts: PurGinger and Pur-C.
Tetra Pak has concluded an AED25m (US$6.8m) deal to construct processing and packaging lines for Binghatti Holding’s new food and beverage production plant in Abu Dhabi.
Around 20% of wine storage capacity in New Zealand’s Marlborough wine region was damaged in the Kaikoura earthquake earlier this month, but the industry is planning for the upcoming vintage and believes the sector can still continue its market growth.
The Asia Pacific market currently accounts for 15.25% global sparkling water market, and Technavio projects it will grow at a CAGR of 3.67% through 2020, the fastest rate compared to any other geographical region.
Dow: ‘Industry needs to convert away from epoxy and BPA’
Dow Coating Materials (DCM), part of Dow Chemical Company, has picked up a number of awards for its Canvera disruptive technology claiming the industry needs to move away from epoxy and Bisphenol-A (BPA).
A report published by the Institute for Scientific Information on Coffee (ISIC) suggests that moderate coffee consumption could reduce age-related cognitive decline in adults.
Whey is a common dairy product for boosting protein levels in sports and health nutrition, but a UK brewery is working with dairy company Arla to use it in a different way.
‘My grandmother always told me: ‘Don’t peel your apple, the best part is in the skin’
In an effort for products to appear as close to natural as possible, beverage producers are turning more and more to ingredients complete with skin, seeds and fruit flesh.
A mechanism found to explain why aspartame prevents weight loss in humans is "not plausible" according to the International Sweeteners Association (ISA).
New Holland Brewing Co. will be Michigan’s first craft brewer to revive the use of Spartan barley, a relic grain that has just started sprouting up in the state after roughly 50 years off the grid.
Recently-launched Role Tea strives to bring function without sacrificing taste in its ready-to-drink iced tea line by combining ingredients like turmeric and fruit juice.
What has chocolate got to do with glass? And what do cars have in common with bottles? The Ardagh Group has been investigating how technologies regularly used by other industries can be used in beverage packaging.
An Australian study into how alcohol companies use sport to sell their products via social media suggests that businesses go beyond simple promotion by encouraging their audiences to create and share their own booze-boosting content.
Valued at $28bn globally and expected to grow another $8.3bn by 2020, according to Euromonitor, the instant coffee market is taking developing areas of the world by storm but not gaining much traction in developed ones.
A total of eight of the Middle East and North Africa’s (MENA) most talented baristas battled it out for the second edition of the MENA Cezve/Ibrik Championship at Gulfood Manufacturing this month (November 7-9).
According to SPINS data*, retail sales of refrigerated kombucha and fermented beverages** surged 32% to $375.4m (natural, specialty, conventional multi-outlet) in the year to October 2, but with household penetration still very low, there is still significant...
Crown has launched two-step thermochromic cans: which change color when the beverage is chilled; but then also reveal another design once the drink has been consumed.
