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Beverage Innovation

Tracking The Drinks Marketplace

Coca-Cola

Legends Global Signs UK Supply Deal

Legends Global signed a multi-year agreement with Coca-Cola Europacific Partners covering its UK venue portfolio, granting supply rights for carbonated soft drinks, energy drinks, bottled water, mixers and RTD alcoholic beverages. Plans include branded lounges, sampling activations, promotional giveaways and retail campaigns across venues. Financial details were not disclosed.

Dr Pepper Launches Cream Swirl Flavor

Dr Pepper introduced a limited-edition Cream Swirl variant in the UK through Coca-Cola Europacific Partners. Its dairy-free and HFSS-compliant, blending the brand’s 23-flavor profile with a cream note. It is available in 330ml cans, 500ml bottles and 2L bottles, with distribution planned through February 2027, supported by a marketing campaign featuring QR-code promotions, TikTok and Snapchat challenges, sampling and POS materials. 

Topo Chico Glass Bottles Face US Shortage

Coca-Cola’s Topo Chico mineral water sold in glass bottles is temporarily unavailable in the US after facility upgrades and source well issues in Monterrey, Mexico. Orders temporarily paused, but supply is expected to return in the third quarter. It affects only the flagship mineral water in glass bottles; other Topo Chico products are still available. Coca-Cola acquired the brand in 2017 for $200 million. 

Rimzim Jeera Returns With Nostalgic Campaign

Coca-Cola India relaunched its carbonated drink Rimzim Jeera with a new campaign: “Jeere mein heera, Rimzim Jeera”, featuring a reworked R.D. Burman melody. It uses digital media, social platforms, influencer collaborations, outdoor advertising and in-store visibility. The company said the relaunch builds on Rimzim’s 70-year legacy and aims to reconnect with consumers through music and nostalgia. 

Coca-Cola Outlines Three Strategy Adaptation Principles

At the Consumer Analyst Group of New York conference, The Coca-Cola Co. detailed three principles it will use to adapt its growth strategy: deepen consumer focus, remain “constructively discontented” and place digital at the center. COO Henrique Braun said the company will emphasize insights, innovation, local intimacy and end-to-end integration as it develops “must-win missions” in specific markets to align brands and bottlers around growth targets. 

Danone

Danone Reports High-Protein Growth

Danone reported 2025 sales of €27.3 billion, up 4.5% on a like-for-like basis, with volume and mix up 2.7% and pricing of 1.8%, supported by double-digit growth in high-protein products across Europe and North America. China and North Asia & Oceania delivered strong results. Danone projects 3–5% like-for-like sales growth in 2026. 

Keurig Dr Pepper

Keurig Dr Pepper Sales Rise 11%

Keurig Dr Pepper reported Q4 net sales of $4.5 billion, up 11% on higher prices and volume growth. Net income of $353 million compared favorably with a loss a year earlier. US refreshment beverages rose 12% to $2.7 billion, supported by volume and pricing gains. KDP expects 2026 net sales of $25.9 billion to $26.4 billion and low double-digit adjusted EPS growth. 

Keurig Dr Pepper Updates JDE Deal Financing

Keurig Dr Pepper announced revised financing plans for its JDE Peet’s acquisition, targeting an early April 2026 close and withdrawing plans for a partial IPO of its future Beverage Co. Post-acquisition, Keurig Dr Pepper plans to separate into Beverage Co. and Global Coffee Co., with separation readiness targeted by year-end 2026. 

Nestle

Nestlé Expands RTD Coffee Focus

Nestlé reported 2.5% organic growth in 2025 and identified coffee as a central growth pillar. Brands including Nescafé, Nespresso and Starbucks licensed products contributed to results, with double-digit growth in soluble coffee and momentum in RTD formats. Cold coffee products, including concentrates and RTD options, target younger consumers and convenience trends. Coffee represents 29% of Nestlé’s annual sales. The company continues to manage pricing pressures linked to higher commodity costs while expanding digital and out-of-home channels. It expects 3-4% organic growth this year. Nestlé decided in 2024 to spin off water brands including San Pellegrino and Perrier. A sale is underway, with deconsolidation expected next year.

Other Companies

Nashi Targets Pre-Drinking Wellness Trend

UK-based brand Nashi markets a single-ingredient drink made from 100% Korean pear juice in 250ml cans. Founders and sisters Taya and Lucy Jackson position the product as a pre-alcohol beverage rooted in South Korean tradition, citing research suggesting Korean pear juice may influence alcohol-metabolizing enzymes. Launched in 2025, Nashi sells through direct-to-consumer channels and selected London retailers. Nashi recommends consumers to drink one can before alcohol consumption, specifically targeting younger drinkers. 

Natural Raw C Expands To New Zealand

Natural Raw C entered New Zealand with a nationwide rollout in Woolworths New Zealand stores. The coconut water range includes seven SKUs and marks the brand’s first availability in the country. Distribution is managed by William Aitken & Co. Natural Raw C  plans additional innovation, including a seasonal Gooey Caramel flavor ahead of Easter. 

Formosa Springs Mineral Water Relaunches

Nicholas Reichenbach acquired Formosa Springs Brewery assets and relaunched Formosa Springs mineral water. The Ontario facility includes glass bottling capacity exceeding 100 million units annually and future aluminum can capacity. It will focus on still and sparkling mineral waters in glass bottles and slim cans, positioning Formosa Springs as a “modern wellness and hydration brand”. Direct-to-consumer subscriptions in Canada begin in April, followed by retail distribution and a US launch later this year. The brand sources water from two Ontario aquifers. 
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