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Over 40 Firms Form UK Plastics Pact, Promising To Cut Single-Use Plastic Packaging

Over 40 firms, responsible for over 80% of plastic packaging on products sold in the United Kingdom, have joined the government and several trade organizations in establishing the UK Plastics Pact, led by sustainability group WRAP. The agreement lays out a set of pledges undertaken by firms to reduce plastic pollution over the next seven years. It promises to eliminate single-use plastic packaging, including 2025 goals to make 100% of packaging recyclable or compostable, to recycle or compost 70%, and to use 30% recycled material in plastic packaging. The pact signatories include Coca-Cola, Asda, Procter & Gamble, and Marks & Spencer. Environmental groups including Friends of the Earth and Ellen MacArthur Foundation expressed their support

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"Companies sign up to pledge to cut plastic pollution", BBC, April 26, 2018

 
Comment & Opinion  

Keeping Coke Relevant In Nepal

Coca-Cola’s country director for Nepal Ambuj Deo Singh says Coke has remained pretty much the same during its 132-year history but has also managed to be relevant in his country, and in many others. Relevance, he notes, comes from talking to consumers about their needs “in the language that they want us to speak.” An example is the recent ad campaign (“Coke Kham Russia Jam”), which “relates to everyone here in Nepal” because it is associated with momo (a type of dumpling). Coca-Cola is also associated with the festival of Dashain, celebrating human relationships. Singh says the company is planning to introduce new products, such as juices, in the near future. Plans also include making Kinley available nationwide and expanding the

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"‘Staying locally relevant under global vision is Coca-Cola’s mantra for success’", Onlinekhabar, May 10, 2018

Companies, Organizations  

Coca-Cola HBC Posts Healthy 1st Q Results, Notably In Energy Segment

Coca-Cola Hellenic Bottling Company (HBC) posted a 4.5 percent increase (FX neutral) in first quarter sales to $1.6 billion along with a 2.3 percent increase in volume. The company is looking forward to a healthy second quarter as Russia hosts the two weeks-long FIFA World Cup matches beginning on June 14. The first quarter rise in sales came despite continued economic weakness in Nigeria and Russia, which are both likely to improve in 2018. Volumes of the company’s carbonated soft drink portfolio increased by 2.8 percent year-on-year, water grew 0.9 percent, but juices slid two percent. The energy drinks segment soared nearly 27.8 percent in volume, with continued strong performance from Monster.

"Coca-Cola HBC upbeat on 2018 - Q1 2018 results", just-drinks.com, May 11, 2018

Earnings Release  

Coca-Cola Weathers Several Storms Since 2013 To Find Smoother Sailing

A number of “qualifications” – particularly restructuring costs, currency ups and downs, and ongoing bottler refranchising – make Coca-Cola’s five-year financial performance a little cloudy. But an analysis by just-drinks reveals “modest, if not spectacular, growth” globally. Among the highlights: a gradual shift in emphasis in global product mix due to evolving consumer trends; the success of RTD tea and coffee, packaged water, and sports drinks; overall market share gains in major regions, fueled by a rising global middle class, increased urbanization, and higher spending on personal consumption; an increase in billion-dollar brands to 20; and a reduction to three percent of volume from company-owned bottlers thanks to refranchising in

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"The Coca-Cola Co Performance Trends 2013-2017 - results data", just-drinks.com, May 15, 2018

Innovation & New Ideas  

Coca-Cola CEO: Innovation Is The Key To Becoming A “Total Beverage Company”

Coca-Cola CEO James Quincey is a strong advocate of innovation and experimentation to quickly take advantage of market opportunities. Creating new products, and pushing existing products into new markets, are the underlying concepts behind the “total beverage company” slogan. It’s the reason why the company has tinkered with its line of traditional cola beverages as it expands into dairy, juice, and plant-based drinks, energy drinks, water and sports drinks; and RTD tea and coffee. But this is not just innovation for the sake of innovation, Quincey recently noted, but “in the service of the consumer, in the service of wondering what will connect and engage with the consumer.” The flip side of experimentation, of course, is acknowledging

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"Coca-Cola on innovation: ‘We’ve got to be willing to kill the zombies’", Beverage Daily, May 10, 2018

Market News  

Coke Unveils Lower-Sugar Variants In Its Simply Juice Line

Coca-Cola’s Simply Beverages unit announced expansion of its juice product line with the addition of more healthful, lower-sugar varieties of orange juice and lemonade. The new orange juice variants – Simply Light Orange Pulp Free and Simply Light Orange with Calcium & Vitamin D – have about half of the sugar and calories of the original Simply Orange. Simply Light Lemonade and Simply Light Lemonade with Raspberry have 75 percent less sugar and less calories than Simply Lemonade. The move represents another step toward the goal of marketing more healthful beverages outlined in Coca-Cola’s 2017 Sustainability Report, which revealed a commitment to reduce sugar in more than 400 drinks.

"Coca-Cola continues low-sugar push with new healthier line of juices", Atlanta Business Chronicle, May 21, 2018

Sales Of Protein Beverages, Including Waters, Are On The Rise

RTD beverages that contain protein are seeing sales increase to meet demand from health-conscious consumers seeking to conveniently boost intake of the nutrient. Different brands of protein-rich drinks offer various functional benefits, including energy, refueling, rehydration, satiation, sports nutrition, and meal replacement. A growing subcategory of protein drinks is protein water, including those containing WPI, a concentrated clear protein source. Protein water is represented by several brands and companies: BiPro Protein Water from BiPro U.S.A;  Chicago-based Protein2O, with two product lines; Bolthouse Farms (Campbell Soup Co.) B Strong and B Balanced beverages;  Gatorade protein shakes (PepsiCo); and JoeFroyo Functional Cold Brew

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"Beverage makers capitalizing on the power of protein", Food Business News, May 17, 2018

Cannabis Company Harvest One Acquires Dream Water

Canadian cannabis company Harvest One has acquired the natural sleep aid Dream Water (Miami, Fla.) for $27 million. According to Dream Water executives the deal will allow the company to exploit “synergies in the commercial cannabis and sleep aid markets.” The company expects to develop product lines that include the non-psychoactive compound cannabidiol (CBD), found in the cannabis plant, that purportedly has several health benefits, including as pain and anxiety relief. After closing the deal, Dream Water USA and Dream Water Canada will be consolidated and become a subsidiary of Harvest One called Dream Water Global.

"Dream Water Acquired by Canadian Cannabis Co. Harvest One", Bevnet.com, May 08, 2018

Products & Brands  

Nestlé Waters Debuts RTD Sparkling Tea Products Under Sanpellegrino Brand

Nestlé Waters believes it can make the most of its Sanpellegrino customer base while expanding to new audiences with the launch of an RTD subcategory comprising a “flavor-packed, premium sparkling tea experience," dubbed Sanpellegrino + Tea. The range of organic, low-calorie sparkling teas includes Limone + Tea and Pesca + Tea flavors. The brand was launched in Canada in March and recently in the U.K. as a component of a brand awareness campaign this year featuring digital engagement, experiential and sampling activities, in-store merchandising, and print ads.

"Nestlé Waters' Sanpellegrino + Tea - Product Launch", Just-drinks.com, May 18, 2018

NutraBolt’s Cellucor C4: A Hybrid Energy And Sports Performance Drink

Texas-based fitness nutrition company NutraBolt is positioning its Cellucor C4 On The Go Carbonated beverages as healthier functional alternatives to conventional energy drinks. The company hopes to exploit the continuing rebound in the energy drinks market, especially among products with reduced sugar. Sugar- and calorie-free Cullucor C4 Carbonated, sold in 16-ounce cans, is positioned as a convenient extension to Cellucor’s C4 pre-workout powder, and somewhere between a sports performance and energy beverage. The company emphasizes the product’s hydrating and energizing effects – supported by clinical research – thanks to ingredients like 200 mg of caffeine anhydrous, CarnoSyn beta-alanine, BetaPower betaine, citrulline malate, N-Acetyl

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"Cellucor C4 On The Go Carbonated aims for positioning between sports performance and energy drink segments", Beverage Daily, May 09, 2018

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