News & Analysis for the Beverage Industry
Indra Nooyi says people should forget PepsiCo’s Coke rivalry in India and welcome both firms’ $10.5bn investment in the country, where the middle class will exceed that of the US, UK and France together in five years.
San-Diego-based flavor innovator Senomyx says the first products arising from a collaboration with PepsiCo using a novel sweet taste modifier called S617 should hit shelves next year - contingent upon a GRAS (Generally Recognized As Safe) determination.
PepsiCo will donate $1m to support disaster relief and recovery efforts across the Philippines in the wake of Typhoon Haiyan.
A partnership between a winery and packaging creatives has launched a paper-based bottle to quench the thirst of sustainability-minded drinkers.
Samuel Adams has launched the world’s first ever cigar seasoned with beer – notably its special edition 28% ABV Utopia brew that is finished in port and single-use bourbon casks.
Coca-Cola has been targeted in another proposed class action lawsuit alleging that it misrepresents Coke as being free from added preservatives and artificial flavors, despite containing phosphoric acid, an 'artificial flavoring' and 'chemical preservative'.
The Hong Kong government’s decision to scrap wine duty in 2008 has contributed to a 187% increase in the value of wine imports into Hong Kong since then.
'NOW WE CAN FOCUS ON SNACKS': MONDELEZ INTERNATIONAL
Starbucks has been rocked by news it must pay Kraft a whopping $2.23bn in damages after ending its supply arrangement with the FMCG giant in 2010, but insists it has adequate liquidity to foot the bill.