The fear of Intellectual Property (IP) and data theft among makers of functional foods and beverages in India is real and spread wide, stakeholders at a recent conference agreed.
After being put on the backburner in October last year, it appears that the joint venture between Nestlé and Coca-Cola for the ready-to-drink (RTD) tea segment in India has been put permanently on ice.
Coca-Cola India has set up a division to innovate, sell and distribute juices, energy and powder drinks in order to garner a higher share of the growing non-fizzy drinks market in India.
Coca Cola China has declared its products safe following one death and three other serious incidences of poisoning connected to the consumption of its strawberry flavoured Minute Maid milk drink.
Impressive growth in the Chinese functional beverage market looks set to continue as some national experts predict China to become the largest functional beverage market in 2012.
Six years after it abandoned them, PepsiCo has announced the relaunch of its flavoured colas in the Mumbai market, with an inclination to expand the launch to the rest of India has well.
A new report from the Associated Chambers of Commerce and Industry (ASSOCHAM) in India has said that Indian non-alcoholic beverages market would grow to US$2.3bn by 2015.
Taiwan has said it would intensify checks on imported products into the country after a batch of concentrate for a Coca-Cola product was found to contain a preservative banned in the country.
Standard Chartered Private Equity (SCPE) has invested about US$56m in India-based bottler Varun Beverages Ltd, as a new market report hints at untapped potential in India's soft drinks market.
Asahi is to proceed with two Australian and New Zealand soft drinks deals, with the aim of becoming one of the world’s top food and beverage companies.
Beverage giant Coca-Cola is donating 2.5bn Yen (US$31m) to areas affected by the tsunami, earthquake and nuclear disaster that hit the country this month.
Chinese consumers are becoming increasingly receptive to international soft drink brands but success does depend on an appreciation of local flavour preferences, according to Datamonitor.
Coca-Cola's Australasian bottler may offload its operations in
Korea, as it reviews its operations in the country amidst declining
sales of its brands, due to consumer health concerns.
China is one of five nations worldwide set to drive massive growth
of in the carbonated drinks market by 2011, according to a new
report by consumer analyst Euromonitor.
Several small producers of carbonated drinks in China do not meet
the quality standards set by the country's food authorities,
according to a recent survey.
In Indonesia Nestlé and Coca Cola have announced the creation of a 50:50 joint venture, Water Partners Bottling (WPB). The new business is being used as a platform to acquire a 65 per cent share of PT AdeS Alfindo Putrasetia (AAPS), the number two player...
Hangzhou Wahaha, one of China's leading manufacturers of fizzy
drinks has made its premier shipment of cola carbonated drinks to
the US, a first for a Chinese company.