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News & Analysis for the Beverage Industry 21-Dec-2023
TOP HEADLINES
From AI flavors to RTD alcohol: Coca-Cola talks innovation
Once a soda giant, Coca-Cola has evolved its portfolio into categories that would once have been unimaginable for company (take, for example, RTD alcohol or AI-generated flavors). So how does the company steer its innovation efforts towards success?... Read more
American whiskey producers welcome extended suspension of EU/US tariffs
The US and EU have agreed to extend the suspension of tariffs relating to the steel and aluminum industries until March 2025: good news for American Whiskey.... Read more
Tesco predicts record demand for low and no alcohol drinks this Christmas
Tesco is ordering in extra stock to accommodate demand for low and no alcohol drinks this Christmas: as it predicts a record season for the category in the UK.... Read more
Knoops strikes chocolate gold with Wonka movie tie-in
Knoops, the UK retailer of artisan chocolate drinks, is celebrating a merry Christmas after announcing solid financial growth and ambitious expansion plans for 2024 – partly the result of becoming the brand partner of choice for Wonka, the hit film prequel to Roald Dahl’s beloved Charlie and the Chocolate Factory story.... Read more
Refreshing boost: Tea bases and botanicals enjoying rising popularity in various formats amongst APAC consumers
Food and beverage products with tea bases and botanical-infused flavours or aromas are seeing a surge in popularity amongst consumers in APAC, with more and more people seeking out ‘refreshing’ sensations.... Read more
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EDITOR'S CHOICE
Bacardi’s top 5 cocktail trends for 2024: Escapism elixirs, tech-enhanced tastes, and more
Releasing its fifth annual Bacardi Cocktail Trends Report this month, the spirits giant highlights the key trends that will redefine cocktail culture and the spirits business in 2024.... Read more
White Claw launches electrolyte-enhanced 0% Alcohol: ‘It’s a fundamentally new kind of drink for every kind of adult drinker that could only come from White Claw’
Hard seltzer pioneer White Claw is launching White Claw 0% Alcohol in the US in January: ‘a radically new beverage’ that is designed to combine White Claw flavors with hydrating electrolytes while replicating the complexity of alcohol.... Read more
Ingredient info and calorie counts: How the EU alcohol industry is working to give consumers more information about their drinks
New wine labelling requirements come into force in the EU this week: requiring a list of ingredients and nutritional information to be included on wine labels. Beer and spirits, however, aren't covered by this regulation. What’s going on?... Read more
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GLOBAL INDUSTRY NEWS
‘The promise of plant-based foods has not changed,’ Tofurky CEO talks post-acquisition strategy
Nearly a year after its acquisition, Tofurky is capitalizing on the synergies with its parent company Moringa Nutritional Foods as the brand prepares to grow its retail and global presence despite headwinds facing the plant-based market, company CEO Jaime Athos told FoodNavigator-USA.... Read more
Advertising on Instacart boosts brand sales 15%, produce sales 30% on average
Grocery technology and delivery company Instacart estimates since its launch in 2012 it has helped drive nearly $8m in incremental revenue for the US grocery industry and helped thousands of CPG brands and produce providers reach new customers and generate a double-digit lift in their sales.... Read more
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William Reed