Latest News in the food Industry
Beverage
![Coca-Cola is world’s most valuable drink brand, but not fastest-growing](/47/pdcnewsitem/11/40/74/cocacola-is-world-s-most-valuable-drink-brand-but.jpeg)
Coca-Cola is world’s most valuable drink brand, but not fastest-growing
7 Sep 2021
After 129 years of making soda, Coca-Cola remains the world’s most valuable soft drink brand – reporting revenue that is 55% more than the No. 2 market leader, PepsiCo. Coca-Cola retained its ranking despite recording a 13% brand value decline to $33.2...
Read more![UK’s Sleep Well milk aims to launch in Asia](/47/pdcnewsitem/11/39/40/sleep-well.jpg)
UK’s Sleep Well milk aims to launch in Asia
3 Sep 2021
Functional milk brand Sleep Well, which uses the active ingredient valerian to promote good sleep, has made launching its products in Asia a priority. Already, the U.K.-based brand has confirmed to Beverage Daily that it will launch in convenience stor...
Read more![Hard Mtn Dew to launch through a PepsiCo-Boston Beer partnership](/47/pdcnewsitem/11/38/41/hard-mountain-dew.jpg)
Hard Mtn Dew to launch through a PepsiCo-Boston Beer partnership
27 Aug 2021
From a new partnership between Big Beer and Big Soda comes Hard Mtn Dew, a flavored malt beverage with 5% ABV. The alcoholic drink will be available to consumers beginning in early 2022.
Read more![Evian launches enhanced sparkling water to combat energy slumps](/47/pdcnewsitem/11/38/52/evian-plus-energy.jpg)
Evian launches enhanced sparkling water to combat energy slumps
24 Aug 2021
French water brand Evian is putting new energy into attracting consumers to its enhanced water line called evian+. The Evian product, which launched last spring, is enhanced with magnesium and zinc to help contribute to normal cognitive function and co...
Read more![Australian wine exports experience double-digit decline](/47/pdcnewsitem/11/37/02/australian-wine-in-decline.jpeg)
Australian wine exports experience double-digit decline
17 Aug 2021
Exports of Australian wine fell 10% to $2.56 billion AUD from 2020 to 2021 according to the latest Export Report by Wine Australia. Much of this decline followed tariffs China levied on Australian wine last year.
Read more![Molson Coors set to discontinue 11 of its economy brands](/47/pdcnewsitem/11/36/26/Molson-Coors-set-to-discontinue-11-of-its-economy-brands.jpeg)
Molson Coors set to discontinue 11 of its economy brands
11 Aug 2021
In its most recent quarterly earnings call, beer titan Molson Coors announced that it will discontinue 11 of its value brands, some of which have strong regional loyalty. In total 100 SKUs will no longer be available.
Read more![Israel's Better Juice closes $8M funding round, plans for US debut](/47/pdcnewsitem/11/31/66/Better-Juice-8M-funding-announce.jpg)
Israel's Better Juice closes $8M funding round, plans for US debut
26 Jul 2021
Better Juice, which produces a sugar-reduction technology for juice, closed an $8 million in seed funding in a round led by iAngels Israel. The Israeli startup said it will use the funding to scale its production of sugar-reduction technology while als...
Read more![PepsiCo doubles down on nonalcoholic cocktail mixers with Unmuddled](/47/pdcnewsitem/11/30/58/Unmuddled.jpg)
PepsiCo doubles down on nonalcoholic cocktail mixers with Unmuddled
8 Jul 2021
Legacy soda manufacturer PepsiCo is moving deeper into the non-alcoholic cocktail space with the announcement that it will debut a line of premium mixers called Unmuddled. The product line will be available beginning in September at Fresh Thyme and on ...
Read more![Carbios technology creates first enzymatically recycled bottles](/47/pdcnewsitem/11/30/56/Carbios-enzymatically-recycled-bottles.jpg)
Carbios technology creates first enzymatically recycled bottles
6 Jul 2021
French biochemistry firm Carbios announced that, in partnership with a consortium of CPG manufacturers, it has produced the world’s first food-grade PET plastic bottles made entirely from enzymatically recycled plastic .
Read more![Soonish debuts natural beer with gluten-free baking ingredients](/47/pdcnewsitem/11/29/83/soonish-debuts-natural-beer-with-glutenfree-01.jpg)
Soonish debuts natural beer with gluten-free baking ingredients
29 Jun 2021
Los Angeles micro brewer Soonish now has a beer that is aiming to take the gluten-free beer space and transform it into the “natural beer” category. Soonish-Natural Beer is made using banana, millet, sorghum, and honey, but rather than resulting in a f...
Read more![Dogfish Head releases oat-milk hazy IPA beer](/47/pdcnewsitem/11/25/35/Dogfish-Head-Hazy-O.jpg)
Dogfish Head releases oat-milk hazy IPA beer
1 Jun 2021
It’s only been a few years that oat milk has been on grocery store shelves, but the plant-based milk alternative has made waves with its latest inroads being in the beer sector. In partnership with oat milk maker Elmhurst 1925, beer brand Dogfish Head ...
Read more![Consumers prefer no rather than low-alcohol](/47/pdcnewsitem/11/22/02/consumers-prefer-no-rather-than-lowalcohol.jpeg)
Consumers prefer no rather than low-alcohol
10 May 2021
Beverage market analysis firm IWSR expects the no- and low-alcohol category to grow 31% by 2024, according to a new report that reviewed 10 key markets representing 75% of the global consumption of these beverages. The anaylzed markets were Australia, ...
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