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  • Cott Corporation reports a 10% increase in FY 2016 revenue to US$2.34bn, driven in part by the acquisitions of Eden Spring and S&D Coffee

  • Brazilian food processor BRF achieves FY 2016 net operating revenue of BRL8.59bn (US$2.8bn), as sales volumes grow 16.7% in international markets compared to 2015

  • Reportedly, Japanese confectioner Morinaga & Co is to integrate its business with Morinaga Milk by April 2018 to improve its R&D operations and take advantage of shared sales channels outside Japan

  • In the US, Tate & Lyle completes a US$60m investment in a new co-generation plant at its corn wet milling facility in Loudon, Tennessee

  • Starbucks’ nitro cold-brew coffee concept, which infuses the company’s cold-brew coffee with nitrogen, will be expanded to Europe through a rollout in ‘up to 100’ UK stores

  • Deadline for submission of entries to the 2017 InnoBev Awards expires on 24 March 2017. Full details on what the judges will be looking for and how to enter at www.zenithglobal.com/events

  • Coca-Cola Amatil posts FY 2016 net sales up 1.1% to AU$5.15bn, and profit up 6.2% to AU$417.9m, as it reveals plans to restructure its Australian supply chain by investing AU$90m in its Queensland plant

  • Arla Foods records FY 2016 revenue of €9.57bn - down 6.8% on 2015, though its group profit increased by more than 20% to €356m

  • PepsiCo reveals plans to open ‘one of its largest manufacturing plants’ anywhere in its system in Jeddah, Saudi Arabia

  • Tyson Foods commits to stop using antibiotics on its chickens by June, in a move that it said would make it the world’s leading producer of antibiotic-free chicken meat

  • Cathay Pacific - the Hong Kong airline that is part of the same group as Swire Beverages - launches a limited edition beer that has been specially created for consumption at altitude

  • Canada water tax up 13,477% - see new blog by Zenith Chairman Richard Hall on www.bevblog.net

  • Major industry players including Arla, Coca-Cola, Nestlé and Tata speaking at the 13th InnoBev Global Beverages Congress, 25-26 April 2017 in Frankfurt. Full details and online booking at www.zenithglobal.com/events

  • Mondelēz International reaffirms its outlook for 2017 after reporting FY 2016 net revenue of US$25.9bn - 12.5% lower year-on-year - and also launches a new ‘power brand’ of savoury snacks called Véa

  • Mexican dairy company Grupo Lala shows 11% growth in its FY 2016 net sales - up from MXN48.18bn (US$2.4bn) last year to MXN53.47bn (US$2.66bn) this year

  • Irish dairy company Glanbia agrees to form a new joint venture - to be 60% owned by Glanbia Co-op - that will combine its activities in dairy ingredients, consumer foods and agri-business

  • In Canada, packaged meat company Maple Leaf Foods agrees to acquire plant-based protein manufacturer Lightlife Foods from a private equity firm for US$140m

  • In the US, New York-based GameTime Hydration launches a new line of alkaline water-based sports drinks available in punch, lime and mango variants

  • InnoBev Awards to celebrate innovative concepts and products, differentiation, strength of brand and brand appeal. For full details and to enter online visit www.zenithglobal.com/events

  • US dairy firm Dean Foods reports a decline of 5% in its FY 2016 net sales - down from US$8.12bn to US$7.71bn - in part due to a 2.1% fall in volume sales of liquid milk

  • The value of the UK’s food and drink exports grew by 10.5% last year to reach a record figure of more than £20bn, according to the Food and Drink Federation (FDF)

  • Hungarian dairy producer Alföldi Tej invests HUF12bn (US$41.3m) in an expansion to the manufacturing site in Debrecen that it acquired from Royal FrieslandCampina two years ago

  • A study by Danish researchers suggests that soft drinks sweetened with stevia produce ‘similar or higher satisfaction ratings’ as drinks sweetened with sucrose

  • In the UK, Arla Foods launches a £4m campaign to support Arla Organic Farm Milk, its first branded line of organic milk that launched in November

  • No sense in blocking no calories - see new blog by Zenith Chairman Richard Hall on www.bevblog.net

  • InnoBev Global Beverages Congress brings together market leaders and cutting-edge innovators from across Europe, the US, India and China. Full details and online booking at www.zenithglobal.com/events

  • The Kraft Heinz Company ‘amicably agrees’ not to pursue a second attempt to acquire Unilever, after having a US$143bn approach rejected last week

  • Campbell Soup Company reports a 1% decline in its fiscal Q2 2016/17 net sales, which amounted to US$2.17bn - down from US$2.2bn last year

  • General Mills lowers its sales and earnings outlook for its fiscal FY 2016/17, and now expects organic net sales for the year to decline by approximately 4%

  • US-based snack maker Snyder’s-Lance makes an unnamed investment in Natural Foodworks Group, which specialises in the manufacture of natural and organic products

  • In the UK, Lucozade Ribena Suntory makes the original flavour of Lucozade Energy available in its low-calorie Lucozade Zero range, which was launched last March

  • InnoBev Awards recognising the best innovation in beverage concepts, branding, packaging, marketing and sustainability across 17 categories. For full details and to enter online visit www.zenithglobal.com/events

  • Coca-Cola Hellenic Bottling Company reports a 2.0% decline in FY 2016 net sales revenue, though its net profit was 22.5% higher than the year before

  • Nestlé announces FY 2016 sales of CHF89.5bn (US$89.3bn), after achieving organic growth in all of its geographies and business divisions

  • The Kraft Heinz Company reports FY 2016 net sales of US$26.5bn - up more than 44% from US$18.3bn for the FY 2015 - despite recording a fall in its Q4 2016 net sales

  • In the US, Sonoco agrees to acquire Peninsula Packaging - a manufacturer of thermoformed packaging for the fresh fruit and vegetable market - for US$230m

  • In Germany, Constantia Flexibles invests nearly €3m in new printing technology for its manufacturing plant serving the dairy industry in Wangen im Allgäu

  • InnoBev Global Beverages Congress focusing on rapid growth potential in iced tea and coffee, energy and sports drinks, wellness and functionality. 25-26 April 2017 in Frankfurt. Full details and booking at www.zenithglobal.com/events

  • PepsiCo shows flat net revenue of US$62.8bn in its FY 2016 results, with profit increasing 17% to US$9.79bn

  • Danone reports FY 2016 sales of €21.94bn and operating income of €2.92bn - up 2.9% and 32% respectively

  • Heineken posts FY 2016 revenue of €20.79bn - up 1.4% from last year - and growth in its consolidated beer volume of 3%, driven by improvements in the Americas, Asia-Pacific and Europe

  • In the US, Talking Rain Beverage Company launches a US$37m advertising campaign for its Sparkling Ice brand, including its first nationwide TV commercials

  • In the UK, Ardagh Group announces a conversion of its can manufacturing plant in Rugby, Warwickshire from steel to aluminium, expected to be completed by Q1 2018

  • 70% plastics recycling by 2025 - see new blog by Zenith Chairman Richard Hall on www.bevblog.net

  • InnoBev Awards being launched this year. Finalists and winners to be announced at InnoBev Congress dinner on 25 April in Frankfurt. For full details and to enter online visit www.zenithglobal.com/events

  • Dr Pepper Snapple Group reports a 3% increase in FY 2016 net sales to US$6.44bn, with net income up 10.9% to US$846m

  • Beam Suntory posts a 3.6% decline in FY 2016 net sales to ¥988.7bn (US$8.7bn), although there was ‘strong growth’ in the company’s spirits division

  • In Thailand, Tetra Pak plans to invest €24m in a new carton closure plant, which is expected to open in early 2018, in a move to keep pace with local demand for beverage cartons

  • In the US, Nestlé Waters North America upgrades its Nestea brand of iced teas and launches a range of real-brewed iced tea available in four variants

  • In the US, Unilever launches a non-dairy version of its Breyers ice cream made using almond milk, including one variant containing Oreo cookies and cream

  • Early booking rates available for 13th InnoBev Global Beverages Congress in Frankfurt, taking place on 25-26 April 2017. For full programme details and online booking visit www.zenithglobal.com/events

  • Japan’s Kirin Holdings posts a 5.5% fall in FY 2016 net sales to US$18.24bn, with net income of US$1.04bn

  • Canadian dairy cooperative Agropur reports fiscal FY 2015/16 sales increase 1.3% to US$4.55bn, with net earnings rising 108% to US$75.3m

  • In the UAE, Emirates Advanced Investments Group subsidiary Elite Agro acquires Marmum Dairy Farm and its distribution unit United Sales Partners from Dubai Investments in a deal worth US$50.6m

  • In the US, Crystal Geyser Water rolls out its unsweetened black ready-to-drink (RTD) tea brand Tejava in single-serving PET bottles for on-the-go consumption

  • In the US, coffee chain Starbucks launches Teavana bottled craft iced teas available in four variants: pineapple-berry blue herbal tea, peach green tea, passion tango herbal tea and mango black tea

  • Fresh thinking on sustainability - see new blog by Zenith Chairman Richard Hall on www.bevblog.net

  • According to a new market report released by Zenith Global, rising levels of disposable income and the generally poor quality of tap water is fuelling the market for premium water in emerging markets. Read more at www.zenithglobal.com/reports_data/280

  • Japan’s Kirin Holdings sells its Brazilian breweries unit to Heineken in a deal worth £563.4m, subject to regulatory approval

  • Consumer health and hygiene company Reckitt Benckiser Group reaches an agreement to acquire infant formula producer Mead Johnson Nutrition in a deal worth US$16.7bn

  • In Egypt, Cargill intends to invest at least US$10m to develop its projects in the country which include increasing grain storage capacity and producing vegetable oils

  • In the UK, All Market, manufacturer of Vita Coco coconut water, launches a new 750ml PET bottle in response to consumers demand for coconut water in different pack types

  • In India, Carlsberg announces two new contract manufacturing deals in the states of Maharashtra and Jharkhand in a move to increase its footprint in the country

  • Cottage cheese has received positive media coverage lately, positioned as a high-protein cultured dairy food, competing directly with the likes of Greek yogurt and quark. Read more at www.zenithglobal.com/reports_data/281

  • The Coca-Cola Company posts a 5% decline in FY 2016 net revenue to US$41.86bn, with operating income declining by 1% to US$8.63bn

  • In the US, packaging company RPC Group agrees to acquire manufacturer of rigid plastic packaging Letica Group in a deal worth up to US$640 million as it aims to expand beyond Europe

  • In South Africa, Israeli flavour house Frutarom acquires flavour company Unique Flavors in a deal worth US$6.7m

  • In the Philippines, British cheese exporter Somerdale International partners with Bacchus Epicerie to distribute traditional cheeses in the country

  • In the US, Danone North America is to move its headquarters from Greenburgh to White Plains, New York bringing around 150 jobs over the next five years

  • According to a new market report released by Zenith Global, functional innovation within the global yogurt market has been focussed on immunity, cholesterol and protein. Read more at www.zenithglobal.com/reports_data/239

  • Swiss dairy company Emmi sees a 1.4% increase in FY 2016 net sales to US$3.27bn, due in part to good performance in the Americas business division and a string of acquisitions

  • Carlsberg posts a 2% organic growth in FY 2016 net revenue to US$8.99bn, with Carlsberg brand volume growing by 5% and Tuborg up by 9%

  • In the UK, packaging company Mondi Group acquires 100% of the outstanding share capital of flexible packaging manufacturer Excelsior Technologies in a deal worth £33m

  • Canadian dairy cooperative Agropur acquires the assets of ice cream manufacturer Scotsburn Cooperative Services which includes plants in Truro, Nova Scotia and Lachute, Quebec

  • The Coca-Cola Company introduces a new logo and labelling across its Fairlife range, including skimmed, whole, 2% and flavoured milks and new SuperKids line

  • From its cultivation to its usage across the globe, read more about stevia in Zenith’s Global Stevia Market Report 2016 at www.zenithglobal.com/reports_data/277

  • 47 acquisitions in January - see new blog by Zenith Chairman Richard Hall on www.bevblog.net

  • The European Commission approves US agribusiness company Bunge’s acquisition of two Cargill oilseed plants in France and the Netherlands

  • The International Finance Corporation (IFC) provides a US$145m fund to Royal FrieslandCampina to support the development of the dairy industry in Pakistan following the company’s acquisition of a 51% stake in Pakistan-based dairy processor Engro Foods

  • The Indian government introduces its Dairy Processing and Infrastructure Development Fund aiming to provide US$1.2bn to the dairy industry over a three-year period

  • The Coca-Cola Company launches Coca-Cola Plus, a sugar- and calorie-free drink with added fibre aimed as a dietary supplement which is set to be available initially in Japan from March 2017

  • The Coca-Cola Company launches Fairlife SuperKids ultra-filtered milk range fortified with 125mg DHA Omega-3 and 12g of protein per serving, available in 50oz bottles and multipacks of 8oz single-serve bottles in two variants: 2% and chocolate

  • According to a new market report released by Zenith Global, premiumisation is a key trend driving innovation in the global infant nutrition market, with organic products a particular area of focus in infant food. Read more at www.zenithglobal.com/reports_data/241

  • Canadian dairy company Saputo posts a 2.2% increase in fiscal Q3 2016/17 revenue to US$2.28bn, with net earnings rising by 12.7% to US$151.5m

  • In the Netherlands, Irish dairy company Glanbia buys performance nutrition business Body & Fit following the acquisition of US plant-based nutrition company Amazing Grass earlier this year as part of a €181m investment plan to boost its Performance Nutrition division

  • In Australia, San Miguel Corporation acquires packaging company Portavin Holdings for an undisclosed sum

  • In France, Heineken is to invest €9.3m in one of its three breweries in Schiltigheim, Strasbourg to expand its production capacity which includes a new bottling line and the creation of 14 new jobs

  • In Portugal, Nestlé invests €4m to upgrade and expand its key national distribution centre in Avanca, expected to be completed by the end of 2018

  • 58% of Latin America overweight- see new blog by Zenith Chairman Richard Hall on www.bevblog.net

  • According to a market report released by Zenith Global, gradual economic recovery, environmental concerns and convenience were amongst the key factors driving growth in the US coolers market in 2015. Read more at www.zenithglobal.com/reports_data/275

  • Italian drinks firm Gruppo Campari signs a definitive agreement to acquire BULLDOG London Dry Gin for US$55m in a move to take full control of the brand building initiatives and marketing strategy

  • Packaging company Alpla acquires Romanian PET preform manufacturer Star East PET for an undisclosed sum

  • The European Parliament Committee on Environment, Public Health and Food Safety (ENVI) agrees to further restrict marketing unhealthy food to children on TV during children’s peak viewing times and via video platforms

  • In the UK, Nestlé considers reducing the size of KitKat chocolate bars by 20% as part of a sugar reduction plan

  • In the US, Gruppo Campari launches nostalgia-inspired Bourbons Bond & Lillard and Old Ripy under the Whiskey Barons Collection, which are set to be rolled out in 2017

  • From high-protein coconut waters to high-protein beer, a wave of innovative beverages have broadened the consumer base of the ready-to-drink protein market, according to a new report issued by Zenith Global. Read more at www.zenithglobal.com/reports_data/282

  • In France, Italian chocolate maker Ferrero International announces plans to invest €38.5m to upgrade its plant in Villers-Escalles with the upgrade expected to be completed by 2021

  • In the US, Nestlé announces plans to expand its manufacturing facility in Eau Claire, Wisconsin as it aims to increase its production capacity and optimise plant assets

  • In the US, Nestlé is to move its Technical & Production unit and Supply Chain teams to its multi-functional campus in Solon, Ohio creating 300 jobs

  • In Brazil, The Coca-Cola Company launches a smaller 220ml sleek can format to meet demand for smaller portion sizes

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