Increasing health concerns and a rise in disposable income are contributing to the growth of the global bottled water market which was worth $157.3 billion in 2013, according to a report from Transparency Market Research.
Heineken N.V. addressed recent speculation Sunday by confirming SABMiller plc did approach the company regarding a potential acquisition, but Heineken has rejected the offer.
As Americans’ taste for wine continues to rise, so has the US market for the libation which soared ahead of France as the world’s largest wine market last year, according to the Beverage Information & Insights Group.
The global soft drink market increased by less than 2 percent in 2013 to $937 billion, but Chinese brands and Red Bull are on the rise, according to the latest data and analysis from market researcher Canadean.
The Pennsylvania Liquor Control Board (PLCB) reported the state-operated Fine Wine & Good Spirits stores took in a record $2.24 billion in revenue during the 2013-14 fiscal year, up $67 million or 3.2 percent from the previous year.
In a partnership with the Inter-American Development Bank (IDB), PepsiCo unveiled a new data management and modeling tool, named Hydro-BID, that estimates the availability of freshwater in water-scarce regions throughout Latin America and the Caribbean (LAC).
As many Americans may choose to relax with a beer this Labor Day, new analysis from the Beer Institute is putting the importance of brewery jobs into perspective.
Keurig Green Mountain, Inc., popularized for its single-cup coffee brewing technology, has joined with Kraft Foods Group, Inc. in a multi-year partnership to manufacture and distribute Kraft’s branded coffee in packs compatible with Keurig brewing systems.