Daily Newsletter

28 August 2023

Share with colleague
Subscribe

Daily Newsletter

28 August 2023

Share with colleague
Subscribe

Spotlight

Health drives demand for costly aseptic packaging

Consumer interest in healthier options is driving investment in aseptic packaging, even if the formats present challenges.

Latest news

Pronghorn incubator reaches twenty Black-owned companies milestone

Pronghorn said it will reach 57 Black-owned spirits brands in the next decade, having only launched just over a year ago.

28 August 2023

Anora Group sets out path to profitability as volumes decline

Anora’s management has started a cost-savings programme and is looking to up prices in September and October.

28 August 2023

Wentworth Vineyards acquires Abel Vineyard, seeks new markets

In order to meet domestic demand and enter “new export markets”, the vintner will plant Pinot Noir and Chardonnay at the Abel site and expand production to 3,000 cases over the next three years.

28 August 2023

Hain Celestial to be “more surgical” on pricing, products

President and CEO Wendy Davidson said Hain Celestial would look at its “price-pack architecture”.

28 August 2023

Halo Food calls in administrators after unsuccessful business review

“The process has not delivered to expectations,” the New Zealand business announced.

28 August 2023

Coca-Cola targets Malaysia’s health-conscious drinkers with Sprite NPD

Malaysia is the third major regional market for the product, which Coca-Cola has launched in Thailand and in the Philippines in the last 12 months.

28 August 2023

Heineken sells Russia assets for €1

The deal, announced in April, is expected to leave the brewer with losses of €300m ($323.6m).

28 August 2023

Could the consumer industry be bolstered by the increased use of AI

The consumer goods, foodservice, and packaging sectors are undergoing digital transformation, accelerated by the COVID-19 pandemic and changing consumer preferences. Data science and ML are strong investments across all areas. For the most part, these sectors will not play a significant role in creating and developing AI hardware or platforms, but will instead help scale up the adoption of AI technologies, such as CV, conversational platforms, and smart robots.