Beverage World presents the latest news from across the worldwide beverage market.
The Coca-Cola Co. says its net income rose 4 percent in the third quarter, as the world's biggest beverage maker expanded in emerging markets and relied more heavily on sports drinks and teas for growth at home. (San Francisco Chronicle/Associated Press)
Read more...Coca-Cola Co. is using more corn-based sweeteners in its products to cut costs and plans to expand its contract-farming portfolio to include commodities such as coffee, tea and fruits as well as dairy products, a senior company executive said. (Wall Street Journal)
Read more...Heineken USA President and CEO Dolf van den Brink has been named one of Fortune Magazine’s “40 Under 40.” The annual list of business leaders under 40 years old celebrates some of the most influential contributors in technology, media, finance, and now beer.
Read more...When Coca-Cola Hellenic Bottling Co. SA, the world’s second-largest Coca-Cola bottler, quits the Athens stock exchange for London next year, it will leave the Greek market smaller than Vietnam. (Bloomberg)
Read more...Boylan Bottling Company, one of the leading craft soda makers in the US, has partnered with Gulf Distributing Holdings LLC to expand Boylan’s presence and build the market for craft sodas throughout the Gulf Coast and Florida panhandle region.
Read more...U.S. orange juice retail sales continue to slide as more consumers opt out of the beverage due to high prices. Total domestic retail sales of orange juice fell 4.8% in terms of volume and 2.1% in terms of revenue for the four weeks ended Sept. 29, versus the same period in 2011, according to Nielsen data published by the Florida Department of Citrus on Monday. (Wall Street Journal)
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