Coca-Cola
Coca-Cola Bottling Plant In Northern China Ordered To Close After Chlorine Discovered
Responding to various media reports, the Shanxi provincial government temporarily halted production at a Coke bottling plant. A subsequent inspection purportedly found unacceptable levels of chlorine in the water. Coca-Cola Shanxi Beverages Co., however, said the temporary production suspension was unrelated to food safety or chlorine levels, and arose from other issues found by the government inspection. A Coca-Cola spokesman said "the chlorine levels are well below the WHO (World Health Organization), EU, North American. and China standards for drinking water." In a statement, Coca-Cola, noting that the problem was confined to the one plant, said it was moving to address the issues related to quality and production but gave no details. Coke has more than 40 bottling plants in China, where it cooperates with Chinese food giant COFCO and Hong Kong conglomerate Swire Pacific.
Honest Tea Expands Portfolio With Yerba Mate Variant
The Coca-Cola subsidiary’s newest offering is an RTD caffeinated South American beverage brewed from the leaves and stems of the yerba mate plant. According to the company, Honest Yerba Mate “meets our consumer at the intersection of coffee and tea,” providing about the same amount of caffeine as an 8-ounce cup of coffee." With 13 grams of sugar, 80 mg of caffeine, and 60 calories per 15.5-ounce can, Honest Yerba Mate is available in Strawberry Pomegranate Matcha, Peach Mango Green Tea, and Lemon Ginger Black Tea flavors. USDA certified organic and containing Fair Trade Certified ingredients sourced from Brazil, the tea is available at select U.S. grocery retailers, and online, for about $2.89 a can.
Coca-Cola Adds Countertop Drink Dispenser To Freestyle Lineup
The high-tech countertop fountain dispenser, which offers more than 80 beverage choices, is designed to meet the needs of smaller-footprint restaurants, the company says. The Freestyle 7100 features a 24-inch high-def touchscreen and intuitive user interface that makes it easier and faster for customers to select and pour the beverages they want. The 7100 is powered by the Freestyle Operating System (FOS), which delivers dynamic, over-the-air software updates, an enhanced diagnostics dashboard with real-time drink inventory levels, and “self-healing” maintenance capabilities. A new content management system (CMS) lets restaurants promote new marketing content and add new beverage brands and categories.
Keurig Dr Pepper
KDP Posts 11.1 Percent Sales Growth In Q1
Keurig Dr Pepper raised its guidance for 2021 net sales growth to 4-6 percent, on a constant currency basis, up from its prior projection of 3-4 percent growth, after reporting “an exceptional first quarter.” The company posted 11.1 percent growth in net sales to $2.9 billion for Q1, after the company saw “strong growth” across all of its business segments. The company’s two largest units saw overall net sales growth in 2020: net sales of packaged beverages grew 8.5 percent, while sales of coffee systems grew 4.7 percent. Net sales for the packaged beverages and coffee systems units grew 7.4 percent and 17.4 percent respectively in Q1 2021.
Monster
Coca-Cola European Partners Debuts Energy Drink With Nitrous Oxide, CO2
U.K.-based CCEP’s new gas-infused Monster Nitro energy drink is designed to appeal to “seasoned” energy drink consumers with a “uniquely light, dry carbonated texture” and “satisfying citrus taste.” Monster Nitro is available in 500 ml plain and price-marked cans (£1.45), supported by branded POS tools for in-store available via my.CCEP.com.
Nestle
Nestlé Launches Pea-Based Milk Beverage
The company says its Wunda beverage – “an excellent source of protein and fiber” – is versatile enough to be used in cooking, poured over cereal, added to hot beverages, and frothed. Wunda will launch first in France, The Netherlands, and Portugal, with a roll-out eventually to other European markets. In addition to the original recipe, the Wunda range includes unsweetened and chocolate versions. It was developed as part of Nestlé's R&D Accelerator initiative by Nestlé “intrapreneurs.”
Nestlé Introduces Nescafé Gold Blend Roastery Collection Into U.K. Market
The “barista-style” soluble Nescafé coffees were developed over eight months at the company’s R&D centers in Switzerland and the U.S. with the help of the company's coffee business, Zone EMENA. Researchers developed different roasting profiles for the Arabica and Robusta beans used in the two new blends, experimenting with roasting levels and roasting times. The coffee is packaged in aluminum tins that are 100 percent recyclable and plastic free. Two other soluble coffees also launched in the U.K.. Nescafé Azera Craft Coffee, the U.K.'s first craft coffee in instant format, and Nescafé Azera My Way Latte, an instant latte that can be prepared using milk or plant-based milk alternatives.
Other Companies
Britvic Acquires U.K. Maker Of Juices, Plant-Based Milks
London-based Plenish markets a variety of plant-based milks, “green” and other vegetable and fruit juices, and immunity and gut health shots. According to Britvic, which has acquired the nine-year-old company for an undisclosed amount, Plenish is growing at a rate of 100 percent a year and its plant-based milk range is one of the fastest growing in the U.K. In addition to giving the Robinsons owner more exposure to the plant-based space, Plenish helps with Britvic’s sustainability ambitions, adding an accredited B-Corp and certified carbon-negative business to its portfolio.
Singapore Start-Up Launches Nonallergenic Microalgae-Based Milk
Sophie's Bionutrients is a dairy replacement milk made with a micro-algae protein flour that is homogenized with water to create a lactose-free beverage comparable in nutritional value to cow's milk. The protein value can be elevated by up to 50 percent by altering ratios in the water-soluble microalgae flour. The sample alt-milk produced has a similar texture to nut-based milk. However, it can be further refined to mimic the creamy texture of dairy. At the heart of all Sophie Bionutrient's products is their natural, neutral color, microalgae flour made from a proprietary strain of microalgae that can be harvested in just three days. The flour can take on unlimited forms, textures or colors, the company says. Thus, from burger patties to alt milk, Sophie's Bionutrients micro-algae flour can be used to develop almost any food.
Benefiting From The Pandemic – And a Viral Tik Tok Video – Ocean Spray Is Poised For Growth
Admittedly caught off guard last October, ninety-one-year-old Ocean Spray was the main beneficiary of a viral 22-second Tik Tok video showing a man cruising along on a skateboard, guzzling Ocean Spray juice, and lip-syncing to an old Fleetwood Mac classic. After more than 30 million views, Ocean Spray products flew off the shelves. (Fleetwood Mac sold a lot of music, too.) The pandemic didn’t hurt either, according to CEO Tom Hayes, who said the company was perfectly positioned in 2020 to provide retail shoppers with good-tasting products that were also healthy. Demand jumped. Now, with the boost from the Tik Tok video, the company is “trying to move the brand to be a little more edgy, and to be a little more attractive to the younger consumer.”
Cell-Based Milk Start-Up Goes Public On Israeli Stock Exchange
Rehovot-based food tech BioMilk went public on the Tel Aviv Stock Exchange (TASE) last month, becoming the world’s first publicly-traded cell-based milk company. The startup, which produces real cow’s milk and human breast milk directly from cells, plans to release its first samples over the next two year. It may also launch a U.S. IPO on the NASDAQ exchange as its next step. The company is among a handful of firms tapping cellular agriculture to recreate real dairy – down to the molecular level – without the need to raise, farm, or milk cows.
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