Scotland-based beer maker Brewdog has dropped its legal action against struggle against industry regulator the Portman Group relating to its Speedball beer.
The UK is set to have its first Own Label Show next November, billed as a forum for sourcing new product lines, finding partners and tracking developments.
Finnish group Raisio has entered Thailand- its third Asian market - following a deal with a Thai-based company that will see its cholesterol-lowering, plant stanol ingredient featuring in a beverage targeting increasing numbers of obese consumers.
The economic downturn in the US is leading to strong sales increases for store brand products, but high quality standards need to be maintained to make sure they are long-lasting, experts warn.
Israeli supplier Frutarom has launched a ‘proactive concept’ targeting baby boomers that couples condition-specific ingredients with product templates and marketing assistance.
This week, Foster’s and Heineken outline their respective financial performances and future goals as both brewers aim to shake up their global operations.
Cott, a leading supplier of private label beverages for retailers, says that its global operations continue to take a financial hit as pack resin costs and higher branded beverage sales hamper its plans.
A new one-step-opening cap for both dairy and beverage cartons can
offer greater convenience benefits for processors and consumers
alike, according to the manufacturer.
Sales of premium beer continue to outgrow globally over private
label and discounted varieties, according to the latest findings by
beverage research group Canadean.
Australian brewer Foster's has posted 4.7 per cent increase in
sales to AUS$4.5bn (€2.6bn) for the full fiscal year as it
continues to expand its operations outside of its core beer brands.
The finishing touches are being added to the new Bradman Lake
Group's packaging machinery facility in Norwich, Norfolk, as the
company continues on its global expansion plan.
Equipment supplier TNA has introduced its triple jaw vertical
bagging system, capable of speeds in excess of 220 bpm, to the
confectionery market with the machine set to be demonstrated at
this month's ProSweets trade fair.
Hershey-owned organic chocolate company Dagoba has launched four
new additions to its confectionery range to keep consumers
indulging after the new year festivities.
A new sweetener supplier in the US claims to allow food and
beverage firms to access ingredient supplies from low-cost
manufacturing countries while maintaining Western standards of
quality and service.
Dutch brewer Grolsch defended its stand against supermarket price
cuts on beer in the Netherlands, despite losing market share in the
first half of 2006.
Britain's biggest wine warehouse Majestic Wines said growth in the
premium wine market brought a 10.7 per cent increase in year end
operating profit, encouraging the firm to expand its UK shop base.
Cargill Juice Beverage Applications believes it can help beverage
companies capture new trends and develop products in categories
they may not have tackled before.
The UK's largest wine warehouse Majestic Wines has announced a
solid pre-tax profit rise of 18 per cent, as continued consumer
demand for fine wine and champagne defies the British retail
slowdown.
A 40 per cent increase in marketing funds should help French wine
makers tackle falling sales in the UK and combat the very real
threat from New World wines.
Sucralose supplier Tate and Lyle warns profits at its European
sugar refining business have been "substantially reduced"
due to higher costs and oversupplies.
Nestlé's bottled water sales are rising again in Europe but
competition from both private labels and brands, as well as soaring
plastics costs, are increasing pressure in the sector.
Hopes of an early recovery on the US beer market have been dashed
as Anheuser Busch reports falling domestic sales and warns that it
expects full-year profits to drop below 2004 levels, reports
Chris Mercer.
Animosity is hotting up on America's stagnant beer market as
SABMiller lowers prices and attacks Anheuser-Busch in adverts, yet
productive responses to market pressures are still needed,
reports Chris Mercer.
There's an all out battle for supremacy in the UK glass container
market, with upstart Quinn Glass attempting to muscle its way over
Ardagh Glass, the number one producer in the country, reports
Ahmed ElAmin.
Private label organic juices are boosting sales volumes, helping to
propel the organic juice sales in North America to increase by a
considerable 21.4 per cent in 2005, claims UK market analysts
Organic Monitor.
A fresh round of price cuts from the two biggest UK food retailers
increases the pressure on suppliers' margins and intensifies
competition between own-label and branded producers, forcing them
to find new ways to adapt, writes...
Russia's leading dairy and juice producer Wimm-Bill-Dann has
announced it will merge its juice and water businesses as part of a
restructuring plan devised to stop rising transport and raw
materials costs from damaging profits,...
Brewer Yarpivo is growing twice as fast as the rest of the Russian
beer market, which itself has been expanding at an annual rate of
seven per cent. Angela Drujinina uncovers the strategy
behind the success.
The ingredients division of Danish cultures and colours firm Chr.
Hansen pulled in a DKK 369 million (€49m) profit for the year on
sales of DKK 3.4 billion (€460m), a slight dip on the previous year
on rising costs.
Chr Hansen's full year results reveal that the continued growth of
the China market is helping the ingredients company to fight off
the problem of increasing costs.
A soaring premium beer market in Russia and growing consumption in
Poland and Romania are driving forward a major international
brewer's European profits by offsetting problems in Hungary and
Slovakia, writes Chris Mercer.
Russian juice brand Dobriy was one of just a handful of food and
beverage products to win an award at this year's Brand of the Year
ceremony held recently in Moscow. Despite a somewhat old fashioned
image, the brand continues...
Russian confectionery group Mechta has launched a new premium
product line - the latest in a growing number of local producers
entering an upmarket segment which was once the sole domain of
western companies. Angela Drujinina reports.
Russian edible oils producer Solnechnie Produkti has reported sales
growth in excess of that for the market as a whole, the second
major producer to do so in as many weeks. As with market leader
NMZhK, Solnechnie Produkti's growth...
UK developer and marketer of high-nutrition food and drink
products, Nutrinnovator today reported on trading for the last six
months and confirmed its future focus on functional food and
beverages.
With retail sales of yoghurt set to continue significant growth
this year in the Asia Pacific region, the number of niche launches,
particularly those focusing on health-giving qualities, is on the
increase, as the latest look at...
Marketing and sales strategy pays off for UK-based firm Muntons
Malted Ingredients (MMI) with turnover increasing more than three
times in as many years.
Growing consumer awareness of the health benefits of soya
consumption is reinvigorating sales of soy drinks in south-east
Asia, according to a new report from OrganicMonitor. And while the
category is dominated by Asian manufacturers,...
German group JJ Darboven has designed a new steel coffee can for
its Warca brand. The product is the result of a joint partnership
between JJ Darboven, French canmaker Corepe and French designer
Design Développement. The can has a...
There is a growing section of UK society which is still largely
untapped by the food and drink marketers, despite a growing number
of products, in particular functional food and drink products,
likely to appeal to them. The consumers...
Acquisitive ingredients firm Kerry will spend €170 million on four
bolt-on flavour acquisitions announced yesterday as the €3.7
billion Irish company continues to consolidate its position in the
highly competitive flavours market....
