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Heineken’s tribute to Sophrosyn: No and low-alcohol innovation helps brewer hit €1.5bn jackpot

Heineken says moderation is increasingly important for today’s consumers as its growing no- and low-alcohol beer portfolio helped deliver €1.5bn in innovation-related sales in 2014.

‘Security is a concern, but soft drinks growth is still strong in MENA’ – Euromonitor International

Despite regional security concerns, attractive soft drinks sales growth in the Middle East and North Africa still entices manufacturers, according to Euromonitor International.

Aujan Coca-Cola Beverages aspires to be ‘total beverage, multi-country, powerhouse’

The Aujan Coca-Cola Beverages Company plans to invest $500m over the next three years to drive sales of soft drinks including flag brand Ravi in the Middle East, North Africa...

Müller cuts milk price to remain competitive

Müller UK & Ireland aims to cut its milk price from 24.15ppl by 1.75ppl from March 5, 2015 in a bid to remain competitive.

Guest article

Why start-ups will drive the future of health & wellness

Good news for would-be entrepreneurs – and even for executives inside big companies who long to create something new. In health and wellness, it is start-ups that are taking the...

Dispatches: ISM/ProSweets 2015

Europe to pull in 25% of sales within five years, says Beanitos

US bean chip brand Beanitos is looking for co-packers and distributors to kick-start European expansion where it wants to pull in one quarter of total sales within five years.

Companies crave category leadership, but Euromonitor warns against 'war is won' illusion

Companies crave category leadership but too much market share risks stymying food and beverage innovation within large firms, as well as the illusion that ‘war is won’, a Euromonitor analyst...

Cost, cynicism and frustration: Malaysian government launches own palm oil standard

The Malaysian government has launched its own sustainable palm oil certification standard – but will this add to or detract from sustainability and transparency efforts in the sector?

Bend baijiu like Beckham: Diageo talks up Chinese turnaround but sales keep falling

Diageo chief Ivan Menezes today talked up the company’s turnaround plan for ‘challenged market’ China – where the company is betting on Beckham-backed Haig Club whisky and lower-cost baijiu -...

MULTINATIONAL INSISTS IT VALUES 'OPEN AND FAIR' SUPPLIER RELATIONS

‘Broken big business ethics’: Diageo attacked for extending supplier payment terms

A UK-based small business lobby today attacked drinks giant Diageo for extending payment terms to new suppliers from 60-90 days under what the former claims is the cover of a...

BEVERAGE BITES: 19/01/15-23/01/15

Refresco Gerber under hammer for $1.7bn, Coke splashes cash on London Eye

Here’s what made the headlines during the working week commencing Monday January 19 2015, in our new section Beverage Bites, which brings you the best bite-sized beverage news.

Durum shortage drives German firm to find pasta alternatives

Massive predicted durum wheat losses have driven German firm to research alternative formulation options for pasta manufacturers.

Parmalat set to acquire regional Italian dairy Latterie Friulane

Parmalat has agreed to acquire Consorzio Cooperativo Latterie Friulane for around €11.5m (US$13.7m) in the hope of reversing the regional Italian dairy's recent downturn.

Feed industry outlook for 2015

As 2014 draws to a close, we seek out the opinion of manufacturers, suppliers and US and EU trade representatives to determine how next year might play out for the global feed sector....

HAPPY CHRISTMAS 2014 FROM BEVERAGEDAILY.COM!

Caught in the headline headlights! Top 10 BeverageDaily.com stories of 2014

As voted for by you the readers - effectively - and checked by us on Google Analytics, here are our Top 10 most read news stories of 2014 – from...

EU scrutinises Mondelez-Douwe Egberts Master Blenders coffee deal

The European Commission has opened an in-depth investigation of Mondelez International’s proposed $5bn joint venture with competitor coffee firm Douwe Egberts Master Blenders 1753.

FAO: Global food prices have stabilised – for now

Global food prices have stabilised after several years of volatility, according to the Food and Agriculture Organisation (FAO).

Supermarket price wars squeeze more food firms into bankruptcy

The number of UK food companies entering bankruptcy is up 28% this year compared to 2013, according to research from accountancy firm Moore Stephens.

CEO ALAN CLARK INSISTS SOFT DRINKS CENTRAL TO SAB GROWTH STRATEGY

SAB Miller sells Appletiser to Coke in $260m deal as firms ink Africa bottling mega merger

The Coca-Cola Company and SAB Miller have inked a deal to combine their non-alcoholic bottling operations in Southern and East Africa into a $2.9bn turnover business that will accelerate sales...

Top 10 bestselling UK chocolate brands

Mondelez wins with share bags but Mars suffers after downsizing

Mondelez’s Cadbury Dairy Milk continues to solidify its lead as the UK chocolate market’s bestseller, but sales slide for Mars bar and Snickers following downsizing, according to market analysts IRI....

“This is a good move for Raisio. They are the correct parent of this niche brand.”

Raisio brings cholesterol-lowering Benecol home for €90m

“J&J should have sold it 10 years ago,” is one analyst’s appraisal of Finnish agro-food giant Raisio’s buy-back of the licensing rights to its cholesterol lowering, plant stanol-based Benecol brand today,...

Not so sweet? Honey Monster cereal value to plummet €10m

Raisio will reduce the book value of Honey Monster cereal by €10m – a move that comes just weeks after its multi-million brand revamp of the product.

Coca-Cola Hellenic keen to take Monster Energy to ‘big markets’ like Russia

Coca-Cola Hellenic’s CEO says the firm is keen to take Monster Energy into new markets, as its lackluster performance in developed markets led by Italy hit summer soda sales. ...

Dairy Crest to sell dairy assets to Müller in £80m deal

Dairy Crest has agreed to sell dairy assets, including its fresh milk business, to British rival Müller UK & Ireland for £80m (US$127.5m, €102m).

Special K global rebrand set for 2015

Kellogg will overhaul Special K next year to pull the failing brand away from its weight management focus, the company CEO says.

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