Nestlé has promoted Laurent Freixe to the role of chief executive officer, following the reported ousting of Mark Schneider at the food and beverage giant. FULL ARTICLE: https://lnkd.in/gKXP9ZYY #retailinasia #retailnews #industrytalk #keyappointments #Nestle Subscribe to our bi-weekly newsletter: https://lnkd.in/dhj9z734
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Really interested to read how PepsiCo and The Coca-Cola Company are focusing their innovation strategies to remain relevant in a market where consumers are as health conscious as they have ever been. So far, we've all grown up where Coca-Cola and/or Pepsi is an absolute guarantee on any menu in a restaurant or at any BBQ we attend. But with recent acquisitions and innovations, it's clear both companies seek to diversify their product category portfolio with the change in consumer habits. Could there ever be a time where Carbonated Soft Drinks are eliminated from the market completely? Tarig Salim - Are you ok with a world without Fanta? 😁 #foodpeople #atastefortalent #thefoodrecruiters #wearefoodpeople #drinkindustry #innovation #industrytrends
Pepsi debuts limited-edition peach and lime flavors for summer
fooddive.com
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Investing in Refreshment: Opportunities in Colombia Beverage Market Colombia beverage market surged in 2023, with substantial growth paving the way for a promising future. Anticipating a 5% CAGR from 2024-2032, the market promises a dynamic landscape of refreshing choices. Join the toast to prosperity, as Colombia beverage industry continues to quench the diverse tastes and preferences of consumers. Read Full Reports: bit.ly/42Shpzy Some of the key players in the market are Nestlé, Red Bull, The Coca-Cola Company, PepsiCo, Diageo, The HEINEKEN Company and many more. #marketresearchreports #news #marketoutlook #informesdeexpertos #ide #beveragemarket #beverages #growth #opportunity #foodandbeverages #colombia
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Aspiring Business Analyst || Marketing || Branding || Personal finance || Corporate finance || Education
🔴 PepsiCo, a leading global food and beverage company, strategically adjusts its pricing to navigate various economic and market conditions. This approach helps the company offset rising costs and maintain competitive positioning against its main rival, Coca-Cola. By exploring PepsiCo’s pricing strategy, we gain insight into how the company balances cost management, competitive tactics, and consumer expectations. #PepsiCo #PricingStrategy #EconomicInfluence #CompetitiveMarket #SegmentPricing #RetailStrategy #BrandManagement #ConsumerBehavior
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Market Shift: Premiumization in the Alcohol Industry 🚨 Diageo, one of the world's largest drinks makers, has reported a 1.4% drop in sales over the last year — its first since the pandemic. While this may seem like a red flag, it highlights a broader market trend: premiumization. As consumers become more selective about where they spend, premium brands are poised for long-term growth despite short-term economic pressures like inflation and high interest rates. 🥃 🔹 Johnnie Walker sales fell by 2% globally, with a sharper 10% decline in North America. 🔹 Casamigos tequila (acquired for $700M in 2017) saw a 22% drop in sales. 🔹 Diageo still commands almost 40% of the global Scotch whisky market. CEO Debra Crew emphasized the power of premiumization, driven by: Consumers trading up from beer and wine to spirits 🍸 Rising incomes in developing markets 🌍 The long-term trend of prioritizing quality over quantity ✅ Competitors like Pernod Ricard are also doubling down on premium labels, selling off wine brands to focus on premium spirits and champagne. 💡 Key takeaway: While economic headwinds may challenge consumer spending, the push toward premium products signals a lucrative future for brands that cater to evolving tastes. #Premiumization #AlcoholIndustry #ConsumerTrends #Diageo #BusinessStrategy #JohnnieWalker #Casamigos #MarketShift #Leadership #LinkedInNews
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Modelo Especial is now firmly ensconced as America’s biggest beer as measured by dollar sales. Its smart marketing strategy is boosting the company financial profile. We developed a short analysis about Modelo success, trying to understand the reasons behind it, that you can find below as a PDF (we can send it to you on request - please indicate your email in a private message). This performance is fueling parent company Constellation Brands, who reported a comparable profit of $3.57 per share for the quarter, eclipsing analysts’ estimates of $3.46 per share. Constellation Brands now expects full-year earnings per share between $14.63 and $14.93, up from its previous outlook of $13.40 to $13.70, based largely on buoyant demand for its Mexican beers, Modelo and Corona. (source: The Drinks Business) Constellation Brands The HEINEKEN Company AB InBev Molson Coors Beverage Company Danone Diageo The Coca-Cola Company Pernod Ricard The Absolut Group Nestlé Nespresso SA
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Pernod Ricard and Heineken, two titans in the European and global beverage industry, are set to release their 2023 sales figures next week, that could indicate for the wider beverages industry the state of consumer confidence and discretionary spending amidst inflation, recession fears, and geopolitical tensions Their respect results will offer insights into whether consumers are trading down to more affordable alternatives or curbing non-essential purchases, as well as highlight the resilience of the luxury goods sector and potential shifts in consumer behavior. The alcohol industry has shown signs of strain, yet it has also displayed remarkable adaptability. The shift in consumer preferences towards, 0.0% alcohol free offerings and also ready-to-drink (RTD) options are cases in point. Next week will be very interesting and help to reflect the economic indicators of the alcoholic beverage industry. #alcohol #heineken #pernordricard Lars Jensen Paul Villis Gilles Halotel Carol Dunne Jean-Philippe Delforge Kristof König Sheelagh Pentony Thomas Hahlin Ahlinder David Deeley Bourcard Nesin Stephen Rannekleiv Francois Sonneville Will Keating Nina Riggins Elizabeth Horvath Scott Glennon Chantal Drolet Sam Choucha Farrah Gilsenan Erlon Pereira Marc LEJEUNE Aude Granger Wayne Donovan
Beverage Giants Pernod Ricard and Heineken to Unveil Sales Figures Amid Economic Uncertainty
bnnbreaking.com
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𝗧𝗵𝗲 𝗡𝗼𝗻-𝗔𝗹𝗰𝗼𝗵𝗼𝗹𝗶𝗰 𝗕𝗲𝘃𝗲𝗿𝗮𝗴𝗲 𝗕𝗼𝗼𝗺: 𝗪𝗵𝗼'𝘀 𝗕𝗿𝗲𝘄𝗶𝗻𝗴 𝗨𝗽 𝗦𝘂𝗰𝗰𝗲𝘀𝘀? The non-alcoholic beverage market is experiencing a surge in popularity, driven by a growing emphasis on health and wellness. Our latest blog post dives deep into this exciting trend, analyzing the top 8 players capitalizing on it. In this insightful piece, you'll discover: - Leading companies shaping the non-alcoholic beverage landscape. - Emerging trends and innovations in the market. - Insights into consumer preferences driving this growth. 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗹𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗯𝗲𝘃𝗲𝗿𝗮𝗴𝗲𝘀? 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗯𝗹𝗼𝗴 𝗽𝗼𝘀𝘁 𝗵𝗲𝗿𝗲: https://lnkd.in/g_CrQKYh Anheuser-Busch AB InBev Carlsberg Group Bayerische Staatsbrauerei Weihenstephan BrewDog Molson Coors Beverage Company Mikkeller #NonAlcoholicBeverages #MarketTrends #HealthandWellness #DataMIntelligence
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Imagine navigating a business landscape where The Coca-Cola Company only offered its signature cola and McDonald's never expanded beyond its first menu item, the hotdog. Coca-Cola’s immense variety now means you can enjoy a different beverage every day for nearly 9 years without repetition. Meanwhile, McDonald’s initial foray into hotdogs has evolved into a global empire, catering to diverse tastes from the popular Big Mac, to the Paneer Maharaja in India and the Samurai Burger in Singapore. This strategic diversification isn't just about adding flavors; it’s a savvy business move that demonstrates adaptability and foresight. By continuously expanding their product lines, these companies capture a wider market and hedge against the volatility of consumer preferences helping maintaining relevance and driving growth. The lesson? Always keep your menu fresh and your options open, because in the dynamic dance of demand and supply, variety can very well be your best strategy for sustainability and success. #BusinessDiversification #StrategicGrowth #MarketExpansion #InnovationInBusiness #ConsumerTrends #BusinessAdaptability #GlobalBusiness #SustainableSuccess #BusinessStrategy #Business #FastFood #Beverages
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Innovation Beverage Group (IBG), a NASDAQ-listed company, is poised for global expansion with its diverse portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands. The beverage industry is experiencing double-digit growth, with projected revenue reaching $235.70 billion in 2024, driven by trends like flavored mixes, low/no-alcohol cocktails, and ready-to-drink offerings. IBG's brands, including Australian Bitters, Bitter Tales, and Drummerboy Spirits, cater to various lifestyle occasions. Australian Bitters disrupted the 200-year-old bitters market, securing a partnership with Coca-Cola Europacific Partners in Australia. The global bitters market is forecasted to grow by $800 million, with a 3.7% CAGR between 2020-2025. With proprietary direct-to-consumer channels like Bevmart Australia and Bevmart USA, IBG offers vertical integration and exclusive brand strategies. Recently, IBG signed a distribution agreement with Sysco, a global foodservice leader, expanding its reach in the U.S. market. IBG's leadership team, including CEO Dean Huge, Chairperson and COO Sahil Beri, and CFO Eric Yu, brings extensive industry experience. The company also welcomed former Angostura Holdings CEO Genevieve Jodhan as Chief Sales Officer, signaling its commitment to market share growth. #beverageindustry #innovation #globalexpansion Innovation Beverage Group
Innovation Beverage Group Aims for Global Reach with Diverse Portfolio
newsramp.com
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Gen AI Solutions at PepsiCo | Ex- Marketing Intern @Altivas Solvo | Ex- Brand Ambassador @Internshala | CSE graduate from NIT Durgapur
🌟 𝑷𝒆𝒑𝒔𝒊𝑪𝒐 𝑺𝒆𝒓𝒊𝒆𝒔 🌟 𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 𝐏𝐞𝐩𝐬𝐢𝐂𝐨 𝐨𝐧𝐜𝐞 𝐨𝐰𝐧𝐞𝐝 𝐏𝐢𝐳𝐳𝐚 𝐇𝐮𝐭, 𝐓𝐚𝐜𝐨 𝐁𝐞𝐥𝐥, 𝐚𝐧𝐝 𝐊𝐅𝐂?🍕🌮🍗 Welcome to the PepsiCo Series, where I post interesting business insights and stories of an FMCG giant, PepsiCo. Follow for more interesting business stories!! 🌟 2. 𝐓𝐡𝐞 𝐔𝐧𝐭𝐨𝐥𝐝 𝐒𝐭𝐨𝐫𝐲 𝐨𝐟 𝐏𝐞𝐩𝐬𝐢𝐂𝐨’𝐬 𝐅𝐚𝐬𝐭 𝐅𝐨𝐨𝐝 𝐒𝐩𝐢𝐧-𝐎𝐟𝐟: 𝐀 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐏𝐢𝐯𝐨𝐭 In the ‘70s and ‘80s, PepsiCo wasn’t just dominating the snack and beverage industry—They strategically acquired a huge stake in fast food, owning 𝐏𝐢𝐳𝐳𝐚 𝐇𝐮𝐭, 𝐓𝐚𝐜𝐨 𝐁𝐞𝐥𝐥, 𝐚𝐧𝐝 𝐊𝐅𝐂 ! 🍔🥤 𝐓𝐡𝐞 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐰𝐚𝐬 𝐜𝐥𝐞𝐚𝐫: serve Pepsi alongside their food, creating a powerful synergy between their drinks and fast food brands. Genius, right? However, this move backfired in an unexpected way. Many other restaurants chose not to serve Pepsi, fearing competition with PepsiCo’s own chains. As a result, Pepsi’s reach in the restaurant market began to shrink. In 1997, PepsiCo made a bold pivot: they spun off their fast-food holdings into what we now know as 𝐘𝐮𝐦! 𝐁𝐫𝐚𝐧𝐝𝐬, refocusing on their core strengths in snacks and beverages. 🍿🥤 This shift allowed PepsiCo to thrive in its key markets, while letting the restaurant chains grow independently. It’s a valuable lesson: sometimes letting go of what seems like an asset can unlock new opportunities for growth and success. 𝐂𝐨𝐦𝐦𝐞𝐧𝐭 𝐝𝐨𝐰𝐧 𝐛𝐞𝐥𝐨𝐰 𝐰𝐡𝐚𝐭'𝐬 𝐲𝐨𝐮𝐫 𝐟𝐚𝐯𝐨𝐮𝐫𝐢𝐭𝐞 𝐫𝐞𝐬𝐭𝐚𝐮𝐫𝐚𝐧𝐭 𝐨𝐫 𝐟𝐚𝐬𝐭 𝐟𝐨𝐨𝐝? 👇 #BusinessStrategy #PepsiCo #YumBrands #MarketingInsights #FastFood #StrategicPivot
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