Canned cold-brew coffees get a fresh boost

US beverage technology company BKON has developed a novel method of maintaining the freshness of ready-to-drink (RTD) beverages, such as cold-brew coffee in cans, over long shelf lives.The reverse atmospheric infusion (RAIN) technology from the New Jersey-based firm is said to keep the canned cold-brew coffee tasting as good as when it was freshly made for up to four...

Australian fruit canner to be sold by Coca-Cola Amatil

Coca-Cola Amatil is selling its SPC Ardmona fruit and vegetable processing and packaging business in Australia to Shepparton Partners Collective in a deal worth A$40 million (US$28m).Shepparton Partners Collective is a joint venture between Sydney-based investment house Perma Funds Management and The Eights, a Sydney-based private equity firm.SPC – also known as Shepparton Preserving Company – owns brands such...

Japan’s beef bowls are now ready-to-eat in cans

Japan’s traditional beef bowls have been given a ready-to-eat twist by the multinational fast food chain Yoshinoya, which is now offering them in easy-open cans.Beef bowls, or ‘gyudon’ as they are known in Japan, are a popular convenience food in the country, particularly among students and singletons.Yoshinoya, which has outlets across the country, is now offering these products in...

Canned RTD products ‘reshaping’ beverage market

Canned alcoholic beverages are helping to transform the adult drinks market in the US, with sales of pre-mixed cocktails and single-serve wine packs surging.Market research and data analytics firm Nielsen said growing consumer demand for more convenient drinks products is driving expansion of the adult-beverage sector, meaning ready-to-drink (RTD) beverages in cans, cartons and other easy-to-carry packaging are amassing...

Dairy giant Fonterra widens asset sales

Fonterra, the world’s biggest dairy firm and a major player in the US$24 billion canned baby formula market, is closing one of its plants and mulling further asset sales as part of a debt-cutting exercise.The New Zealand-based farmer cooperative said it would axe its dairy factory in Dennington, Australia, with a warning to investors that 2019 profits were likely...

Bud Light partners with Glaad to celebrate World Pride

Bud Light is soon to be marketed by Anheuser-Busch in the US in a limited-edition aluminium bottle to mark World Pride.The rainbow design is the latest initiative in the beer brand’s 20-year partnership with Glaad, the US non-governmental media monitoring organisation founded by LGBT people in the media.For every case of Bud Light Pride bottles sold throughout June,...

Heineken expands into Ecuador’s beer market

Heineken has acquired a minority stake in Biela y Bebidas del Ecuador, the Ecuadorian brewer of the recently re-launched Biela beer – made at its brewery in Guayaquil, the South American country's largest city.In addition to Biela, Dutch-based global brewer Heineken plans to market its portfolio of premium and international brands in Ecuador and in future also intends to...

Brazil leads first-quarter growth for Anheuser-Busch InBev

Global brewing leader Anheuser-Busch InBev (AB InBev) reported that revenues in the first quarter of 2019 increased by 5.9 per cent as volumes grew, premiumisation of its brands continued, and revenue management initiatives kicked in.Total beer volumes grew by 1.3 per cent to 133.5 million hectolitres, with own beer volumes up 1.0 per cent. AB InBev’s global brands such...

PepsiCo to invest $4bn in Mexico

PepsiCo is planning to invest around $4 billion in the Mexican market over the next two years.The plans include a new production plant at Guanajuato, and to improve the company’s agricultural model, infrastructure, sustainability initiatives and community development programmes in the country, which is PepsiCo’s second largest in the world.The investment programme for 2019-2020 underlines PepsiCo’s commitment to the...