News & Analysis for the Beverage Industry
The food and beverage giant is once again addressing the growing popularity of weight-loss drugs with a protein shot designed to curb appetite. But can it hold its own in the booming market for targeted health-focused solutions?
The UK’s Competition and Markets Authority has cleared the anticipated acquisition by Carlsberg UK Holdings Limited of Britvic plc.
An innovative time-based categorisation of sake combined with novel food pairings is finding its way to younger adults while preserving its authentic appeal for older consumers.
Coca-Cola Europacific Partners has exclusively revealed a glut of global NPD will land in 2025, supported by line investment at several sites.
South Korean firm Brewguru has reformulated its popular ready-to-drink (RTD) highball product and released a new version with lower sugar and alcohol content, capitalising on the flourishing “zero trend” in the country.
Constellation Brands is divesting the vodka brand as part of its efforts to focus on higher end wine and spirits.
MAD Foods, a Singapore-headquartered company specialising in plant-based ready-to-drink beverages, is partnering TurtleTree in developing a new line of functional oat milk coffee containing lactoferrin that will be launched in mid-2025.
The kefir manufacturer feels its strong financial metrics warrant a higher offer if it is to sell up
Asahi Group Holdings (Asahi) has seen steady growth in the third quarter of 2024 buoyed by a rise in local Japanese demand for beer as well as international interest in its Super Dry product.
Apothékary continues its expansion in the wellness space, securing additional funding for its Series A round from global Japanese beauty brand Shiseido and launching on Ulta.com as the retailer’s first alcohol alternative product.
Nestlé's water brands will be separated into a standalone business as of January 1, 2025, the company announced this morning.
Carlsberg Malaysia believes that the upcoming festive season as well as stronger economic growth will help to drive improved sales for the rest of 2024, despite a negative performance in Singapore in Q3.
The kefir maker’s board of directors has adopted a shareholder rights plan in a bid to avoid a hostile takeover.
CHANCE Clean Cider (0.5% ABV) sees the opportunity for low and no ciders to enjoy the same success as alcohol-free beers.
News
Diageo has announced the launch of its new global luxury division, a business unit that will oversee its portfolio of premium brands.
New Zealand alcohol-free brand AF has set its sight on tripling sales over the next twelve months, thanks to US listings in Target and Walmart. That visibility in retail is key for growing the category, the brand’s founder tells us.
Molson Coors Beverage Company is taking a majority ownership stake in ZOA, the better-for-you energy brand co-founded by Dwayne ‘The Rock’ Johnson.
Alcohol major Pernod Ricard is focusing on increasing awareness and availability of its prestige brands in burgeoning markets and channels, while expanding its premium craft spirits portfolio to meet growing interest for niche products.
Summer revenues for Coca-Cola Europacific Partners were stung by poor weather, though Euro football and the Paris Olympics contributed towards what is shaping up to be a “solid year” for the group.
Millie’s tea bag broths, made with herbs, spices and dehydrated vegetables landed in 2,000 Walmart stores last month, marking a major milestone for the brand as it disrupts the tea and broth categories.
News
Hollywood actors Ryan Reynolds and Rob McElhenney have become co-owners of Wrexham Lager after purchasing a stake in the Welsh brewer.
Ketone-based drink company Kenetik is capturing a market of athletes and health enthusiasts who want the benefits of ketones—without a bad taste.
Coca-Cola beat Wall Street estimates for its third quarter despite volumes and revenue declines, as the beverage giant pursues an “all-weather strategy" and offsets challenges with innovation in Sprite, Fanta and Topo Chico, company CEO James Quincey...
Keurig Dr Pepper is making its largest investment to date with the acquisition of GHOST: a sports nutrition business led by GHOST Energy.
The UK’s Competition and Markets Authority (CMA) has launched a merger inquiry into Carlsberg’s acquisition of soft drink company Britvic.
Diageo-owned The Singleton has identified flavours as a key focus area to further drive growth in Asia, where the complexity of Scotch whiskey and its versatility in localisation are increasingly recognised.
The food major downgrades its FY24 growth outlook again as it predicts consumer demand to remain soft.
Wellness brand Apothékary’s retail partnership with Sprouts Farmers Markets highlights its product expansion of herbal powders for beverages to include tinctures that align with the retailers’ growing supplement department in the non-alcoholic space.
PepsiCo’s North American snack and beverage businesses continue to slow down in its third quarter of 2024, as the company adjusts its forecast from 4% organic revenue growth for the year to low single digits amid continued pressures but beats Wall Street...
Letters sent by Senator Elizabeth Warren (D-Mass.) and Representative Madeleine Dean (D-Penn.) to the CEOs of Coca-Cola, General Mills and PepsiCo express concern over pricing and tax practices that, according to the policy makers, “squeeze profits out...
Recoup’s prebiotic sparkling beverages hit the shelves at 420 Sprouts Farmers Market stores nationwide, as the company leans into gut health and regenerative agriculture claims to deliver consumer demands for functional and environmental benefits.
Startup Spotlight
Beekeeper Coffee's co-founders leveraged their extensive brand-building expertise from giants like Nike and Beats by Dre to stand out in the crowded RTD coffee market with a distinct honey-sweetened brew, emphasizing authenticity and sustainability...
Moët Hennessy – the wines and spirits division of LVMH – has acquired a minority stake in premium alcohol-free sparkling wine brand, French Bloom.
The acquisition of the Texas-based family-owned maker of Mexican-inspired snacks and foods marks a significant step for PepsiCo, aligning with its strategy to expand its health-conscious and multicultural offerings.
Suja Life rebranded its line of Suja Organic cold-pressed juices and wellness shots to simplify the product’s functionality and flavors as the company grows into more occasions and dayparts with its acquisition of soda brand Slice.
Diageo North America has acquired Ritual Zero Proof Non-Alcoholic Spirits: the top non-alcoholic spirit brand in the US.
With Coca-Cola and Bacardi’s RTD cocktail announced for a 2025 launch, we take a look at some of the other big name partnerships between soft drink giants and beverage alcohol heavyweights in this space.
When PepsiCo recently surpassed its goal of 25% improvement in operational water-use efficiency from a 2015 baseline in regions facing high water risks two years ahead of schedule it was not because the company hit a lucky home run, according to Bryan...
Molson Coors has announced a strategic partnership with Naked Life, the no.1 non-alcoholic RTD cocktail company in Australia, to bring the canned cocktails to the US.
Alcohol giant Pernod Ricard has launched a new digital label initiative in Singapore, hoping to tap on South East Asian consumer demands for increased information and shift towards better drinking habits.
Startup Spotlight
Big advertising budgets are not a requirement for big sales or an indicator of how successful a marketing campaign will be as illustrated by a viral video on social media by functional beverage newcomer Yesly, which generated more than 16 million views...
Danone has launched its first kefir range in the UK as the company aims to tackle consumer scepticism and raise awareness of the fermented dairy product’s health benefits.
Endurance-sport nutrition brand, Protein Rebel, has launched an on-trend seawater-sourced magnesium citrate powder for runners' recovery.
Poor growing conditions in Brazil threaten coffee supplies. So, is another price hike on the horizon for this already-pricey commodity?
Carlsberg Malaysia has committed to continue its focus on premium products despite seeing a significant drop in sales in the first half of the year.
Japanese beverage major Kirin Group has seen its launch of a new beer brand as well as investments into functional beverage innovation and overseas whiskey expansion bear fruit in the first quarter of 2024.
Pernod Ricard has acquired a minority stake in Almave: the non-alcoholic blue agave-based spirit brand co-founded by Formula One star Lewis Hamilton.
The MD of prosecco specialist firm Bottega has highlighted the company’s plans to increase supply and marketing spend to boost its position in the Asian region, predicting that this is likely to become its biggest market in the near future.
Plastic replacement technology firm Xampla’s partnership with Lehmann Ingredients will seek to build on global consumers’ growing demand for personalised nutrition.
Britvic shareholders have voted in favor of Carlsberg’s proposed acquisition of the company: bringing the creation of UK beer and soft drink giant Carlsberg Britvic one step closer.