beverages
Nestle performs well above target
Consolidated sales of the Nestle Group amounted to CHF 81.4 billion, an increase of 3.4% compared to the same nine month period last year. Strong organic growth of 8.9% including 3.4% internal growth and a further 2.5% for acquisitions added further to group sales. The Swiss franc held up well against other currencies. The group’s […]
Eurozone driving growth in food and drink exports
The Eurozone may be slipping towards a recession but UK food and drink exporters are bucking the trend and finding significant business opportunities in the area. In the first quarter of 2008, UK food and drink exports continued to soar, up 13.2% on the same period in 2007 to reach a record-breaking £2,892.2 million, highlighting […]
Unilever opens drinks centre of excellence
Unilever, the world’s biggest tea company, has opened its global R&D Centre for drinks at Colworth Science Park in the UK. This technology centre will focus on developing products for all Unilever’s brands such as Lipton, PG Tips, Flora and Slim-Fast. The centre employs 90 scientists and specialists from 15 countries and brings together all […]
Cadbury Schweppes reports strong performance
Despite dramatic constitutional changes, demergers and acquisitions Cadbury Schweppes reports sales of £7.9bn – an increase of 7%. The record growth of 7% in confectionery is best for a decade. Excellent growth in gum with an increase in Trident of 26% and CDM, the largest chocolate brand is up 5% despite the earlier problems of […]
Consumers rely on a quick fix
Health-conscious consumers want to eat better, but often perceive healthy food as inconvenient and lacking in indulgent qualities. A new report from independent market analyst Datamonitor reveals the desire to compromise these often mutually exclusive needs will increasingly drive demand for healthy snack food and drink. More than 20% of consumers surveyed in Europe and […]
Danone sells stake in Griesson
French food giant has sold its 40% stake in German biscuit and cake products maker Griesson de Beukelaer. The company’s Heinz Gries and CEO Andreas Land are now its only owners with 95% of Griesson de Beukelaer’s shares being owned by the Gries family, while Land holds the remaining 5%. The move is in keeping […]
NUTRA NEWS: BI Nutraceuticals adds super fruit extracts
BI Nutraceuticals, supplier of quality raw materials and custom blends for 30 years, has introduced acai and goji berry powder extracts for beverage applications. The new ingredients are all-natural extracts derived from not only the fruit of the berries, but the peel, where a majority of the beneficial nutrients are contained. “Demand for super fruit […]
Cadbury Schweppes splits confectionery and beverages
Cadbury Schweppes is to separate its confectionery and American beverages businesses. The purpose is to maximise shareholder value. Sir John Sunderland, chairman, said,“This decision is of great significance for the board and the company.“It has been facilitated by acquisitions and disposals over the past decade designed to create a strong and potentially independent Americas Beverages […]
Nestle announces record year
2006 was a record year for Swiss giant Nestle and saw the company achieve double-digit increases in EBIT, net profit and cash flow. Net profit rose by 13.8% to 9.2 billion Swiss francs (£5.6bn).“We are seeing the benefits of the Group’s transformation into a nutrition, health and wellness company, with stronger innovation and branding, as […]
NUTRA NEWS: Tea without caffeine
In the arena of refreshing beverages, Plantextrakt has developed a great tasting alternative to iced tea drinks using rooibos extracts. Rooibos, as opposed to tea, contains no caffeine. Many consumers enjoy iced tea but tend to avoid too much of it because of its stimulating effect. Rooibos is particularly interesting because it is also an […]
Tate & Lyle invests £4.5m in research
Tate & Lyle has announced that it will contribute £4.5 million over a five-year period to King’s College London to set up a new centre for research into the link between nutrition and health. Collaboration between the company and the university dates back to the 1970s when research by scientists from King’s College London and […]
Nestle outlook is bright
Nestle has announced sales of CHF67.7 billion for the food and beverage group worldwide during the first nine months of 2005. The 5.6% organic growth across food and beverage was due to the successful extension of distribution beyond the traditional supermarket grocery channel. Peter Bra-beck-Letmathe, chairman and CEO of Nestle said,“The acceleration in our core […]
Lax laws loom as boozy Brits drink on
Soaring alcohol sales in the UK are causing concern among health ministers as imminent changes in licensing laws could allow the beverages to be sold round the clock in pubs and shops. The new licence laws, due in November, have been proposed despite reports that alcohol sales have increased by almost ten per cent in […]
Costa opens first coffee shop India
Costa Coffee is opening its first coffee shop in India. The new 1,200ft store in Connaught Place, central Delhi can accommodate 60 customers, and is part of a franchise contract to open more stores across India. The franchise, negotiated by Costa’s commercial director Nick Williams with Ravi Jaipuria, leader of a large corporate business with […]