Coca-Cola
Coca-Cola European Partners (CCEP) Debuts Paperboard Packaging In Spain
The U.K.-based Coke bottler’s new CanCollar technology supports its work with Coca-Cola Company to remove all unnecessary or hard-to-recycle plastic from its portfolio. A component of its goal to eliminate the use of more than 11,000 tons of virgin plastic a year in Western Europe, the new PEFC-certified recyclable and sustainably sourced paperboard CanCollar will first appear in the Balearic Islands (Spain) in November 2020. The can ring packaging design was created through a collaboration with WestRock, a global sustainable packaging solutions company. CCEP invested €2.6 million ($3 million) in its Barcelona plant to support the initiative. [Image Credit: © Coca-Cola European Partners]
Keurig Dr Pepper
Keurig Dr Pepper Uses Data From Consumer Habits Research To Control Logistics
The Texas-based beverage company says the data it receives from various real-time and distribution channels – and from homes that track pod use – helps it determine the size of orders, trucking routes, inventory planning, and financial forecasting. The interconnected system, introduced in 2017, relays data on when and how frequently its coffee machines in people’s homes are used, showing for example that consumers drank more coffee at home as they adjusted to the pandemic this spring. The company is relying on 10,000 refitted, Wi-Fi-enabled coffee brewers to share information from participating data-collection households. It plans to start selling a coffee brewer with Wi-Fi capability and voluntary opt-in from consumers in the mass market later this year. [Image Credit: © Keurig Dr Pepper Inc.]
Monster
Monster Beverage Sees Shift In Sales Channel Activity Prompted By Coronavirus
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Convenience store foot traffic may have dropped off due to the pandemic in the second quarter ended June 30, but beverage sales were buttressed by increased demand from grocery, club stores, mass merchandisers, and e-commerce, the Corona, Calif.-based company reported. Profit for the quarter was $311 million, or $0.59 a share of common stock, an increase of 6.5 percent over the same period last year. Quarterly sales slid slightly, to $1 billion from $1.1 billion a year ago. CEO Rodney Cyril Sacks said consumer channel preferences and package configurations changed as in-home consumption rose and immediate consumption tailed off. Sales of Monster’s brands were up six percent during the period. Nielsen reported that demand for energy products remained steady or the 13 weeks through July 18, for all outlets combined, including convenience, grocery, drug, and mass merchandisers.[Image Credit: © Monster Energy Company]
Nongfu Spring
Nongfu Spring Plans $1B Public Stock Offering in Hong Kong Next Month
The Chinese bottled water maker is expected to list its shares in Hong Kong as early as September if the IPO proceeds. Hangzhou-based Nongfu Spring reported a 17.3 percent year-on-year increase in total revenue to ¥24 billion yuan ($3.4 billion) in 2019, up from ¥20 billion yuan a year ago. It also recorded a 2019 profit of ¥4.95 billion yuan, a 20.6 percent increase from 3.61 billion yuan in 2018, according to its prospectus filed in April. The company’s planned development strategies include brand building, expansion of production capacity, investment in infrastructures, and exploration of overseas market opportunities. It is finalizing the purchase of its first overseas water source and production plant, Otakiri Springs, in New Zealand.[Image Credit: © Nongfu Spring]
Other Companies
Florida Food Products Buys Beverage Ingredients Company Amelia Bay
The Eustis, Fla.-based clean label food and beverage ingredient company (FFP) says it will use Amelia Bay’s industrial scale tea, coffee, and botanicals ingredients to formulate its own products. FFP produces clean label ingredients using extraction, fermentation, drying, and blending. Its vegetable juice concentrates and derivatives are available in the meat, savory, and health and wellness markets. According to Amelia Bay President Jason Crandall, the acquisition gives his company access to new technologies and ingredients that will “pave the way to creating the next generation of all-natural, clean label food and beverage ingredients.”[Image Credit: © Florida Food Products]
Noosa Launches Line Of Yogurt Fruit Smoothies
Bellevue, Colo-based Sovos Brands announced that its subsidiary Noosa Yogurt LLC is launching a line of fruit smoothies in strawberry, strawberry banana, mixed berry. and mango flavors. The smoothies combine whole milk yogurt with a puree made from fruit, cane sugar, and wildflower honey. Each 7-oz serving contains 160 calories, five grams of protein, six grams of fat, and nine grams of sugar. The company’s entry into the drinkable yogurt market is based on data indicating that yogurt drinks have experienced a growth rate of more than ten percent a year each year for five years. Noosa fruit smoothies are available at Safeway, Shaw’s, Ingles, Spartan Nash, AWG, Wakefern, ACME, Meijer, and HyVee, and are set for wider national distribution in early 2021.[Image Credit: © noosa yoghurt]
Eboost Expands Distribution Of Super Fuel Canned Drink
The New York-based beverage firm’s canned RTD energy drink, Super Fuel, will be available soon in more than 2,500 new locations in the U.S. Super Fuel contains nootropics, electrolytes, vitamins, minerals, and other nutrients, as well as caffeine from green coffee seed and green tea. Expanded distribution includes select nationwide CVS locations, AM/PM locations in Southern California, Sheetz c-stores in the mid-Atlantic, RaceTrac locations in the Southeast, and stores in the New York City metro area, Louisiana, and Northern California. Super Fuel is available in strawberry lemonade, ginger lime and orange mango flavors. [Image Credit: © EBOOST.COM]
Primo Water NA Acquires Midwest Water Firm Mountain Glacier
The wholly owned water/water dispenser subsidiary of Primo Water Corporation (Cott Corp.) has acquired the Texas and Tennessee assets of bottled water firm Mountain Glacier. The Indiana company serves bottled water under its private label to both residential and commercial customers, as well as filtered water dispensers and office coffee products. In recent years, the business has expanded to other regions including areas in Indiana, Tennessee, and Texas. Primo Water will gain more than 2,500 customers. With a presence in North America and Europe, Primo is a provider of water direct to consumers and water filtration services, in addition to water dispensers, purified bottled water and self-service refill drinking water. Cott purchased Primo in a transaction valued at about $775 million that closed in March.[Image Credit: © CNW Group/Primo Water Corporation]
Canada’s Sapsucker Water Brand Plans U.S. Market Entry
The two-year-old organic carbonated maple water brand (Toronto) announced plans to launch into the U.S. tree water market in 2021. Current entrants in the space include Drink Simple Maple Water, Asarasi, TreTap, and Sap!, but Sapsucker claims the market is still relatively wide open: water sourced from the sap of maple trees can be as big a consumer phenomenon as coconut water. The Beverage Marketing Association says coconut water accounts for 75 percent to 80 percent of the plant water category by volume and dollar sales. Sapsucker sources its sap water from farmers who outside of Toronto who also produce maple syrup. The company adds carbonation, citric acid for product stability, and fruit extracts to make its lemon and lime flavors. Sapsucker hopes to create a buzz in the U.S. with bold packaging, meal kit partnerships, and other brand collaborations.[Image Credit: © Lower Valley Beverage Company]
Lucozade Ribena Suntory urns To Packaging Solutions To Deal With Loss Of Store Traffic
Hurt by pandemic-induced store closings in downtown business districts all over the U.K., the soft drink manufacturer is focusing now on its portfolio of larger take-home bottles and multipacks. The closings and decline of impulse-driven soft drink purchases has led to dramatic growth in online shopping. The company says one-liter bottles and multipacks of Lucozade and Ribena squash had experienced “great growth” after the business increased availability for those products online and in-store. Out-of-home consumption of the two brands started to return in June and July as lockdown restrictions eased and non-essential retailers reopened along with restaurants, cafes and pubs.[Image Credit: © Lucozade Ribena Suntory]
FrieslandCampina Launches Organic Milk Formula In Hong Kong
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The Dutch dairy cooperative is responding to increased consumer demand for organic products with an “ultra-premium” organic milk formula, dubbed Organic Friso Prestige Bio, to be launched first in Hong Kong prior to a global rollout. The formula, collected from the organic first layer of liquid organic whole milk, closely resembles original milk nutritionally, but contains natural nutrients, such as sn-2 palmitate, phospholipids, medium-chain fatty acids (MCFA), and short-chain fatty acids (SCFA) to help support digestion and overall child development. According to the company, competition in the infant formula space is heating up as vegan and cell-cultured formulas enter the market.[Image Credit: © Royal FrieslandCampina N.V. and its Subsidiaries]
Australia’s Keystone Dairy Introduces Vegan Protein Shake Lineup
Following the successful launch of the Tonik dairy protein shake, the New South Wales producer of milk and dairy-based powders has launched Tonik Plant, an RTD vegan protein shake range made from a blend of pea protein and brown rice protein and available in vanilla, salted caramel, coffee, chocolate, banana toffee, and choc honeycomb flavors. Each 330 ml bottle contains 20g of protein and is low-carb and gluten-free. The Tonik Plant lineup is available from independent supermarkets across Australia with a further roll-out planned. The company also revealed that it had received a $1.1 million order from Walmart China for its private label milk powders under the Sam’s Club brand. [Image Credit: © Keytone Dairy Corporation Limited]
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