A large chunk of the growth in the beverage category in North America over the next decade will come from products in categories that do not even exist today, predicts Coca-Cola’s Venturing & Emerging Brands (VEB) team.
BIG INTERVIEW - CHEWING OVER SNACK CHALLENGES WITH THE SFA
The president of the Snack Food Association (SFA) acknowledged that there are concerns about the snack industry’s role in global obesity but said healthy product development and clear communication on nutrition is top of the agenda for manufacturers.
PACKAGING EXPERT NOTES DISTANCE FROM CLASSIC COKE BOTTLE
PepsiCo will roll out its first new shape Pepsi bottle since 1996 across the US from April and says further launches will follow in 2013, and packaging expert Andrew Streeter tells BeverageDaily.com he thinks the brand has distanced itself from the classic...
The Coca-Cola Company announced yesterday that it plans to shed 750 North American jobs after revealing last month that it plans to reduce its regional distribution footprint.
Food safety, quality and financial issues are considered the top three risks to business for most food companies, but sustainable supply is emerging as a growing area of concern, according to a new survey from DNV Business Assurance.
Coca-Cola says its much reported internal study suggesting that social media does not ‘pull its weight’ in business terms is true, but only when such digital campaigns are taken in isolation…
General Mills’ Yoplait Greek 100 yogurt is on track to deliver $100m in retail sales in its first year on the market, revealed CEO Ken Powell on the firm’s third quarter earnings call yesterday.
United States Bakery has won the auction for the Sweetheart, Eddy’s, Standish Farms and Grandma Emilie’s brands as part of the sell off of chunks of the Hostess Brands empire.
Hershey has called attacks on its text messaging tips for farmers program CocoaLink “disingenuous” after a group of NGOs questioned the effectiveness of the project.
BUT MAJOR BRANDS CEO INSISTS ON FIRM'S 'OUTSTANDING PERFORMANCE'
Diageo is suing its principal Missouri wines and spirits distributor Major Brands, alleging ‘unacceptable’ performance, but Major CEO Susan McCollum insists her firm has a long record of 'outstanding performance' with the drink's giant's...
It’s too early to say when Devil Dogs and Ring Dings will be back on shelves, but they - and other brands in the Drake’s snack cake portfolio - will likely be produced in plants in Collegedale, Tennessee and Stuarts Draft, Virginia, says new owner McKee...
Network selling giant Amway has launched an integrated weight management program based on genetic testing. The program uses a simple test kit to help consumers determine which of several weight loss regimens will work best for them.
Apollo and Metropoulos will have to work hard to drive forward Hostess’ snack cake brands in a saturated market but dollar stores could hold promise, an analyst says.
The maker of a newly launched appetite suppressant gum claims to be the first to have self-affirmed GRAS status for hoodia in the US and hopes to overcome the negative image of the plant as a weight management ingredient.
Mars-owned Wrigley is to launch an energy chewing gum with the caffeine equivalent of half a cup of coffee in each piece but one analyst says the product misses the key youth market and could prove a lawsuit hazard.
Snyder’s-Lance has extended its Cape Cod reduced fat line to include a consumer favorite and strong performer; Sea Salt & Cracked Black Pepper, its marketing manager says.
Branded snack titan Frito-Lay may appeal the year-long patent row it lost with private label specialist Ralcorp over use of ‘bowl’ shaped tortilla snacks.
A major new player in the flour milling industry will emerge later this year following the merger of ConAgra Mills and Horizon Milling (a joint venture between Cargill and CHS) to create a new company called Ardent Mills.
In a first-of-its-kind partnership, Choice Organic Teas has joined forces with Bastyr Univesity to formulate and launch a co-branded line of functional teas.
There is “no medical or scientific evidence that would support a finding that the death of Anais Fournier was causally linked to consumption of Monster Energy drinks”, say experts hired by Monster to address allegations in a lawsuit filed by the Maryland...
EnWave Corp. the developer of a microwave/vacuum drying technique, has formed a 70/30 partnership with Lucid Capital Management to use the technology to manufacture and market a line of dried cheese snacks for sale in US markets.
Flowers Foods has won the bid for a majority of Hostess bread assets including Wonder Bread and Nature’s Pride outside of auction after no other bidders stepped forward.
Monster Beverage Corporation says it will reclassify Monster Energy as a beverage in the US to remove Red Bull’s competitive advantage, and admits that no 5-Hour Energy energy shot rival has “really cracked the code” after Worx Energy sales slumped.
Actor and producer Mark Wahlberg, who recently lent his name to a new range of sports nutrition products called MARKED, has teamed up with fellow celebrity Sean ‘Diddy’ Combs to promote and develop high pH alkaline water AQUAhydrate.
Organic Valley recently announced a plan to distribute more than $1 million in grants to fund research, education and advocacy on the production of organic foods. The grants have long term goals and a near term objective, with one of the biggest individual...
miller coors jv partners will both 'vigorously' contest action
Molson Coors has launched legal action against SAB Miller in response to the UK company's move to terminate a licensing agreement granting the US-Canada brewer rights to license SAB products in the country, with the latter blaming low volume sales.
Muller Quaker Dairy, the joint venture between PepsiCo and German dairy giant Theo Müller Group, is rolling out Müller yogurts to more US cities in the Mid-Atlantic, Great Lakes and Southeast regions, including Chicago, Atlanta, Cincinnati and Tampa after...
Unilever and Nestlé say Oxfam missed an opportunity for a wider and more comprehensive debate about food ethics after the NGO published a damning report on the supply chains of the world’s biggest food firms this week.
Sunsweet Bakery has launched a new line of purple colored plum-infused baked goods that offer a tasty, new experience with a ‘myriad of health benefits’, it says.
Nestlé has bought its second brain health-focused medical foods start-up in eight months after snaffling Red River Pharma-owned Pamlab which makes high-dose vitamin supplements targeting depression, diabetes and Alzheimer’s.
A US class action alleges that Anheuser-Busch InBev (AB InBev) labels showing the alcohol content of brands such as Budweiser are ‘false in every instance’, with consumers deliberately overcharged for watered-down beer, claims the brewer fiercely denies.
Innocent Drinks tells BeverageDaily.com it will retain its current European focus and has no plans to crack to the US, as Coca-Cola moves to acquire almost all the shares it does not currently own.
Strong sales of POM Wonderful’s new 8oz bottle of 100% pomegranate juice helped POM post a 30% rise in juice sales in 2012, said the California-based firm.
PepsiCo CFO Hugh Johnston tells analysts the firm believes its new sweetener innovations will be 'more evolutionary than revolutionary' and that work in this direction has delayed a beverage business review until 2014.
China will be the number two market behind the US for Hershey within five years, predicted senior executives at the Consumer Analyst Group of New York (CAGNY) conference yesterday.
Kellogg has described its Special K Red Berries recall as “very small” as Bimbo Bakeries USA issues a broad voluntary recall on its core bread brands due to possible flexible wire contamination.
Growth in the US private label market will continue to outpace growth in branded products as retailers recognize that unique, premium and innovative store brands can help them boost profitability, differentiate themselves and increase consumer loyalty,...
Campari America has agreed to pay $20m to Kobrand Corporation to secure the distribution rights to its recently acquired Appleton Rum brand portfolio in the US, and 'exploit the brand's potential in the key US market'.
The Kellogg Company has issued a voluntary recall in the US on three sizes of its Special K Red Berries cereal packs due to the possible presence of glass fragments.
Molson Coors does not contemplate making any major acquisitions in the short term but says it may examine small portfolio ‘in fills’ if the right transactions present themselves.