The Consumer Price Index for food and beverages increased 0.2% in April, climbing to 233.1 from 232.7 in March, according to the Bureau of Labor Statistics of the Department of Labor. The food index also increased 0.2% in April.
The Scottish government’s plans to set a minimum price for alcohol of 50p per unit will avoid 60 deaths in its first year of operation and 300 after 10 years, according to Sheffield University’s Alcohol Research Group.
Executives with PepsiCo, Inc. speaking at the Goldman Sachs Consumer Products Symposium in New York on May 10 expressed optimism that stepped-up innovation at the company holds potential for incremental growth.
A former president & CEO of PepsiCo North America has admitted over-consumption of sugary drinks are a “big part” of the country's obesity problem, but has warned against portraying soft drinks firms as “villains”.
Dutch non-branded bar manufacturer VSI has begun operations at a €10m plant in Leerdam, Holland, which incorporates a research and development (R&D) centre and has the capacity to make triple-layered bars.
At a debate hosted by the Worshipful Company of Distillers in London last night, the tone was predominantly optimistic. Three of the four speakers bombarded guests with a variety of stats, illustrating the potential rewards.
Costa saw underlying profits surge 38% to £69.7m in the past year and benefited from a 5.5% rise in like-for-like sales at its UK equity stores as it opened 332 new stores in the UK and internationally.
Sales of new mid-calorie cola Pepsi NEXT are ahead of expectations, while early feedback suggests it is attracting new consumers - as well as lapsed cola drinkers - into the cola category, PepsiCo has revealed.
Functional beverages are one of the hottest markets in the food and beverage industry. These drinks offer their customers unique benefits that often appeal to the health conscious. Some of these drinks are vastly overhyped and should be avoided. Other fun