Just Drinks

Daily Newsletter

30 August 2023

Daily Newsletter

Nestlé pulls Nesquik in South Africa to focus on cocoa malt drinks

The Swiss-based drink and food behemoth has pulled Nesquik due to a “drop in sales” and “lower demand” for the powdered milkshake.

Investors reacted positively to Treasury Wine Estates plan to “rebalance” its US supply chain aimed at “accelerating the improvement of future returns”.

Subscribe to Just Drinks for just £1 for 1 month

Stay ahead with unbiased news, expert commentary, and in-depth features on global topics.

As a trusted provider of data and insights, Just Drinks collaborates closely with industry leaders and professionals to offer unique thought leadership and analysis. Gain a deeper understanding of the drinks industry’s trajectory and the priorities shaping the profession.

What’s included in your subscription:

Personalized Access: Secure login to Just Drinks
Industry News & Expert Commentary: Timely updates and exclusive C-level interviews.
Case Studies & Deep Dives: Real-world applications and in-depth analyses.
Exclusive Subscriber Newsletter: Weekly top features, plus a new thematic report and webinar.

Ready to stay informed?

Subscribe to unlock exclusive content.

Already a subscriber? Sign in to access your account.

Pleasecomplete this form to request more information, and a representative will be in touch shortly.

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.