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Subject:
FOOD BUSINESS NEWS
Period: September 2, 2018 to September 9, 2018
Geographies:
Worldwide
Categories:
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends
Contents
 

Asia-Pacific Is Ramping Up Efforts To Reduce Single-Use Plastic

There is a growing awareness of single-use plastic in the Asia-Pacific region, with governments and companies acting to reduce the volume of plastic waste. However, there are also concerns that too little is being done, and too slowly. In India, PepsiCo has committed to using 100% compostable, plant-based packaging for some of its snack brands, and Nestle plans globally to make 100% of its packaging either recyclable or reusable by 2025. Unilever has a similar target. In South Korea, supermarket chains Lotte Market, E-Mart, Mega Mart, Homeplus and Hanaro Mart, announced plans to reduce the number plastic shopping bags and encourage the use of reusable ones. In Singapore, a new zero-waste store opened in May 2018. Unpackt uses no packaging, inviting customers to bring their own containers. Governments too are acting. In India, the state of Maharastra introduced a ban on single-use plastics, and the whole country aims to be free of single-use plastics by 2022. A senate inquiry in ...  More

"Tackling APAC’s plastic waste crisis: How Pepsi, Nestlé and Lotte are stepping up", Food Navigator ASIA, September 28, 2018

KFC Initiative On Single-Use Plastic in Macau and Hong Kong

KFC outlets in Hong Kong and Macau will stop automatically giving out plastic straws and lids for customers eating in the store, but will provide them if asked. They will also be added to takeaways and select items. KFC made the decision following a trial in which most customers were happy not to have a plastic straw or lid. Greenpeace has acknowledged the move but added that plastic straws and lids are just a fraction of the plastic disposables used by the chain. The environmental group estimates that KFC uses some 42 million plastic disposable items each year, but even this is less than some local chains, according to Greenpeace.

"KFC to ditch plastic straws and drink lids for dine-in customers in all of its Hong Kong and Macau restaurants", South China Morning Post , September 07, 2018

Aramark Makes Inroads To Eliminating Single-Use Plastic In Its Operations



Customer service business, Aramark, which operates in the food and facilities management sectors, announced a commitment to reducing significantly single-use disposable plastics globally by 2022. To date, it has eliminated over 400,000 plastic straws from locations in the UK, with another 418,000 planned in Ireland by the end of the year. It has also replaced with a compostable substitute some five million plastic-lined coffee cups and soup containers. It is now setting its sights on other single-use plastics items, including bags and cutlery.

"Aramark Announces Plans To Phase Out Single-Use Plastic", Checkout Magazine, August 30, 2018

Start-Up Hopes To Make A Big Splash In U.S. Market With Antioxidant-Rich Aronia Juice

Los Angeles-based beverage start-up Truronia has launched four flavors of antioxidant-rich fruit juice made with 100 percent organic aronia berries. The antioxidant-rich RTD drink can be consumed by itself or mixed into smoothies and recipes. According to the company, aronia berries contain more antioxidants than cranberries, blueberries, blackberries, or raspberries. The fruit is a common staple in Europe, though it is also native to the United States. Health benefits include improved digestion, reduced inflammation, and a boosted immune system. The company says its goal is to reintroduce the superfruit to the United States, where the berry is still relatively unknown. Truronia juice is stocked in stores like Erewhon and Mother’s Market & Kitchen throughout southern California and Nebraska, with plans to expand into more cities across the U.S. The juices can also be found online in packs of six, or in variety packages that include mango, pineapple, coconut, and original aronia ...  More

"Truronia Releases Ready-To-Drink Aronia Berry Juice", PR Underground, August 28, 2018

The US And Other Countries Should Look To Norway For Possible Solutions To The Plastics Problem

Norway is being seen as a standout for innovation aimed at reducing plastic use. It recycles all but a small percentage of plastic bottles, using a bottle deposit scheme nationally that enables consumers to exchange containers over the counter in a range of stores as well as reverse vending machines in public spaces. In return, consumers receive cash or store coupons. The recycled plastic is used in a variety of ways, including packaging, textiles and new bottles. With China, for example, backing away from accepting recyclable materials from other countries, the US and other economies are having to look at alternative approaches to dealing with the problem of plastic trash, and some of the reactions, such as Oregon recycling processors being allowed to send recyclable materials to landfills, are not long-term solutions. Dune Ives, executive director of the Lonely Whale Foundation, believes the US should look at the way Norway and other countries are tackling the issue, by improving ...  More

"Norway Has A Radical Approach To Plastic Pollution, And It’s Working", Huffington Post, August 22, 2018

 
Companies, Organizations  

Coca-Cola Hopes To Make The Most Of Growing Chinese Interest In Functional Drinks

The head of Coca-Cola’s China business says “the next big thing” among Chinese consumers – especially the growing class of middle-income consumers – is functional beverages beneficial for health and wellness. With that in mind, the company expects to offer more juice products, beverages containing fiber, and even drinks based on traditional Chinese medicine, according to Curt Ferguson. Coca-Cola began riding the trend when it rolled out new products like sugar-free Sprite with fiber in March, two RTD tea products in North China and South China in the second quarter, and a bottled water range containing fiber in June. A fiber-rich Coca-Cola Plus version for China debuted in August. Bottled water, RTD tea, carbonates, juice drinks, and functional drinks were the biggest sellers in the $84 billion Chinese beverage industry. 

"Coca-Cola embarks on 'healthy' growth route", China Daily, August 30, 2018

Deals, M&A, JVs, Licensing  

Coca-Cola Acquires U.K. Coffee Shop Chain Costa In Bid For A Share Of The Booming Coffee Market

Gambling on the continued popularity of coffee, and apparently undeterred by the prospect of competing against Starbucks Coca-Cola has acquired British coffee-shop chain and roastery Costa – with its 3,800 cafés – in a deal worth $5.1 billion. A few analysts were skeptical of the deal, noting that 2,500 of Costa’s locations are in the U.K. and wondering why the soft drinks giant would enter the unfamiliar world of bricks-and-mortar retail. But Coke CEO James Quincey said the acquisition amounted to a wager on the burgeoning global coffee business: a “coffee strategy, not a retail strategy.” The company has no current plans to open Costa coffee shops in the U.S., but will bring Costa coffee vending machines and beans to U.S. gas stations, college campuses, and quick-service restaurants. 

"Coke Adds Coffee to Its Drinks Mix in $5.1 Billion Deal", The Wall Street Journal, August 31, 2018

Products & Brands  

Baristas Coffee Enters Functional Beverage Market

Kenmore, Wash.-based Baristas Coffee Company introduced what it calls a “boutique coffee product,” Baristas White Coffee, on Amazon and has begun product and distribution channel development for its expanded line of alternative and functional coffee SKUs. The products contain vitamins, minerals, nutraceuticals, and other additives that are legal in the state where they are distributed. The coffees are targeted at health-conscious consumers, especially Millennials, looking for nutrients such as vitamins, protein, extended energy, and probiotics along with functionality that addresses joint health, heart health, memory support, and diabetes. CEO Barry Henthorn said coffee is “a perfect daily vehicle for the delivery of a variety of healthy supplements, herbs, and vitamins.” Baristas White Coffee single-serve cups are compatible with the Keurig 2.0 brewing system.

"Baristas Coffee Expands Into the Alternative and Functional Beverage Market, Expands Distribution", Globe Newswire, August 30, 2018

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