Coca-Cola Refreshments veterans Paul Mulligan and Fran McGorry are launching Liberty Coca-Cola Beverages LLC, a new bottling firm that will include regions in Philadelphia, New York, New Jersey and Delaware. The new venture will also include four manufacturing facilities, and is part of Coca-Cola's plan to finalize its refranchising program.
Leprino Foods' focus on science and technology has helped make the Denver-based cheese maker one of the most successful in the world. Leprino has commanded as much as 85% of the pizza cheese market by selling to competing chains including Papa John's, Little Caesars, Pizza Hut and Domino's.
Yildiz Holdings has signed a deal with brand extension agency Beanstalk that will create opportunities for brands including Godiva, McVitie's, Flipz and Turtles to move into new categories like desserts, sauces, baked goods and ice cream. The deal, which will give Beanstalk representation for the brands in various international markets, could also mean future restaurant partnerships and menu placements.
Food producers must carefully balance cost concerns and health trends when formulating and selecting texturizers and preservatives that meet consumer demands for clean-label ingredients. Cargill is presenting a solution in its line of "native starch" stabilizers, and food scientists at Kemin are offering a botanical-based oil modifier to fill the formulation void.
The rice industry is considering taking steps with the FDA to protect the meaning of the word "rice" and to limit riced vegetable producers from using the term, but vegetable growers are pushing back. "[N]o one owns the word 'rice,'" says Michele Simon of the Plant Based Foods Association.
La Colombe reports that the canned Draft Latte it launched last year is growing faster than any other ready-to-drink coffee product in the US. The company recently saw distribution for the beverage jump from less than 10,000 locations in March to 25,000 stores today, including Target, Whole Foods and Wegmans.
Sixty-four percent of UK consumers say that they prefer their food and drink products in glass packaging over other materials, according to a new study from Friends of Glass and FEVE. "We were pleased to find that many people are aware of the environmental reasons for buying and using glass: 54% stated that they would use glass because of its higher recyclability compared to other packaging materials, and 64% saw glass as the most environmentally-friendly packaging material," said Nick Kirk of British Glass.
Sales of Calif. wines in the US reached a record $34.1 billion last year, a 4.6% increase over 2015 numbers, the Wine Institute said. Among the most popular California vintages were chardonnay, cabernet sauvignon, red blends, pinot grigio/gris and merlot, Nielsen data indicates.
Global volume sales of alcohol declined by 0.2% in 2016, driven in part by weak markets in the Americas, according to new data from Euromonitor. However, craft and premium spirits are gaining market share both in emerging and developed markets, Euromonitor reported.
Distribution challenges and an influx of larger players into the craft beer category contributed to a softening of the craft brewing market last year, according to data published in The New Brewer. Craft beer sellers are "trying to get the smallest, local brewers on shelves and Anheuser-Busch is really paying attention to the space," said Bart Watson, chief economist with the Brewers Association.
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