Coca-Cola
Coke Africa Streamlines Technology With Help From Microsoft, Flintfox
Coca-Cola Beverages Africa (CCBA) is working with pricing and rebate management experts Flintfox and with Microsoft to modernize and digitally transform its bottling plants. The collaboration will help the bottling giant retire legacy solutions, to better manage pricing and overcome existing challenges at all stages of the supply chain. The company will use Trade Revenue Management and the RMx pricing engine to manage advanced pricing and promotions, reduce operating costs and monitor margins. Microsoft Dynamics 365 will be used tp integrate with existing ecommerce and sales force automation platforms, while Flintfox will enable real-time hyper-speed pricing and help deliver accurate pricing across the supply chain.
Coca-Cola Europacific Partners Focuses On rPET, Glass Packaging
Uxbridge, U.K.-based CCEP’s Western Europe Sustainability Stakeholder Report highlights rPET advances and increased use of reusable glass bottles to deliver sustainable growth. The “Action on Packaging” program targets drinks, packaging, society, water, climate, and supply chain as action priorities in social and environmental areas. The accelerating program has transitioned to 50 percent rPET across its core portfolio; Sprite and Lilt packaging was redesigned to make it easier to recycle in Great Britain. Refillable glass bottles were re-introduced in the country in 2020 for the first time in 20 years.
Nestle
Sixty Percent Of Its Mainstream Foods Are Unhealthy, Nestlé Admits
The report, which excluded categories such as baby formula, pet food, coffee, and medical nutrition, said come categories of the foods and drinks included in the 60 percent “will never be healthy” no matter what changes are made. Nevertheless, the company has worked for years to improve the nutritional footprint of its products, reducing sugar and sodium content in its products, and adding ingredients such as whole grain, protein, fiber, and micronutrients. These efforts co-exist alongside a guiding company principle: a healthy diet means finding a balance between well-being and enjoyment. In other words, there must be room for indulgent foods, consumed in moderation.
Nestlé SIgnals Plans To Enter Cell-Cultured Infant Milk Market
Swiss food company Nestlé has posted a job for a specialist in mammary gland development and lactation biology in a move seen by industry watchers as a step toward entering the potentially lucrative cell-based milk and infant nutrition sector. Industry experts say the sector is likely to disrupt the lucrative infant milk formula industry that could be worth more than $103 billion within five years. A small group of food techs is leveraging cellular agriculture technology to develop alternatives that will offer greater sustainability, safety, and health benefits. Nestlé would join innovators like Singapore start-up TurtleTree Labs and Bill Gates-backed Biomilq, a women-led start-up in the U.S.
Nestlé Intros 50 cL Multipack Of Essentia Alkaline Water
According to the company, the new six-pack format is a response to the pandemic-induced demand for packages that are more convenient for homebound consumers. The SKU will be the first six-pack of 50 cl bottles of high pH water to be sold in the U.S. Nestlé earlier this year announced the takeover of Essentia for an undisclosed fee. The acquisition took the group further into the high-end functional waters category at the same time as it attempts to sell off lower-value assets.
Nestlé Hopes To Build On Its Pandemic-Era Sales Success
The company, which for the first time broke out the performance of its Nespresso coffee business unit separately, reported 16 percent organic revenue growth for the latest quarter. Overall sales (machines and coffee pods) increased more than 20 percent year on year, thanks to the stay-at-home lifestyle spurred by the pandemic. To maintain interest in the product, Nespresso needs to not just continue to churn out its usual range of capsules and machines, but also expand its product range to appeal to a wider set of consumers. The company has once again turned to actor George Clooney, associated with the brand since 2006, for the launch of the "Made with care" ad campaign. Also, the company last year launched Nespresso Editions, a digital engagement platform “to try to bring moments of inspiration to accompany consumers' coffee moments at home. Lastly, the brand hopes to take advantage of actor Clooney’s reputation for social and environmental consciousness to emphasize its commitment to the environment and to sustainability.
Nestlé Finds Correlation Between Coffee Berry Fermentation And Flavor
The company’s scientists found that the fermentation of coffee cherries just after picking involves natural yeasts and the community dynamics of the microbial population surrounding the green coffee beans. The company’s scientists said this knowledge can be leveraged to tailor specific fermentation conditions to different coffee varieties, allowing the highlighting of new distinct natural flavors and sensorial notes and to consistently maintain their quality. And it helps avoiding raw material loss due to uncontrolled fermentation. Nespresso La Cumplida Refinada, produced in small coffee farms in Nicaragua, is the first coffee to apply Nestlé's scientific findings.
Other Companies
Biomilq Develops First Cultured Human Breast Milk
The Durham, N.C.-based, Bill Gates-backed mammalian milk technology start-up announced it has moved from the proof-of-concept stage to producing the “world’s first cell-cultured human milk outside of the breast.” The achievement puts the company in the vanguard of companies disrupting the soon-to-be $103 billion infant formula industry with a more sustainable and nutritionally optimal infant food choice, according to greenqueen.com. The company is able to replicate human breast milk using cellular agriculture, an advancement that marks a significant step toward providing the optimal nutrition that real breast milk provides, including delivery of anti-inflammatory polyunsaturated fatty acids (PUFAs) combined with the practical advantages of formula. PUFAs are known to play a role in promoting healthy development in babies,
Barr Rolls Out Sour Two Flavors Of Soft Drinks
The new limited-edition Sours range from the Manchester, England-based company includes Sour Berry and Sour Apple flavors in 500 ml price-marked packs ($1.12). They will be available in July. The launch will be supported by POS tools available from the end of July. “Limited edition flavors are always very popular with shoppers, where taste is still the key driver,” says marketing director Adrian Troy.
BevCanna Leverages Acquisition Of Naturo Group Into Major Expansion Plans
The $40 million deal between the cannabis-based wellness product company and beverage manufacturer Naturo Group (Vancouver, BC) gives BevCanna an entry into the U.S. functional beverage market. Under the deal, BevCanna acquired Naturo’s 40,000-square-foot facility and a proprietary fulvic and humic plant-based mineral formulation that creates a naturally black-colored water. BevCanna CEO Marcello Leone believes the minerals and other plant-based nutrients in Naturo’s black water, marketed under the brand name Trace, prevent cognitive degeneration and build immunity. To support Trace’s launch in the U.S., BevCanna is strengthening its manufacturing capabilities there to reduce international shipping, and is building ties with local brokers.
Celsius Doubles U.S. Sales, But Aluminum Can Shortage Dampens Profit
The Florida-based energy drink manufacturer posted a 101 percent rise in domestic sales in its first quarter of fiscal 2021, but a pandemic-induced shortage of U.S.-made aluminum cans cut into profitability. Once positioned as weight-loss beverages, the company’s products are now marketed as sports nutrition/healthy lifestyle drinks. All of the company’s products are sold as dietary supplements, including its base formula that includes green tea extract, guarana seed extract, B and C vitamins, L-citrulline and other functional ingredients. Because of the can shortage, the company has had to source higher cost cans from overseas as domestic can producers struggle to meet demand. During the quarter, Celsius earned slightly more than $800,000 in income from operations on revenue of $50 million.
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