Major US non-carbonated beverage categories generated higher pricing at retail during the first nine months of 2022, which lead to dollar gains in all categories tracked by BD. While volume fell for all categories except plain bottled water, the declines did not show accelerated erosion compared to the six-month trend. Sports drinks and plain bottled...

Global beverage volume growth for Coca-Cola and PepsiCo remained stable for the first nine months of this year in the aftermath of the worst of the COVID-19 pandemic. The Russia-Ukraine war, ongoing zero-covid policies in China, and unpredictable interest rate environments disrupted an otherwise strong period for global volume sales.The table below shows...

Coca-Cola has discontinued Coke With Coffee in the US BD has learned and the company has confirmed. Coke With Coffee will be available in the US while supplies last through the end of the year and remain in Canada and other global markets, according to the company. “This decision aligns with...

Coca-Cola will eliminate an unspecified number of jobs within its North America Operating Unit under a voluntary separation program announced internally last week. The employee reduction will set the stage for structural changes under...

Consumers cut their carbonated soft drink consumption at US retail during the first nine months of 2022 relative to the same period in 2021. Strong pricing growth of +14% for the total CSD category drove dollar sales almost +12% higher, according to BD data. Volume declined -2.0% (decelerating from -2.2% for the first six months of this year), reflecting a...

Keurig Dr Pepper has taken a $50 million minority equity stake in Athletic Brewing, the US-based non-alcoholic craft beer brand that has propelled interest in the growing segment. The companies will announce the investment this morning. KDP’s stake is on par with other lead investors in the brand, including TRB Advisors and Alliance Consumer Growth. “We’re thrilled to welcome Keurig Dr Pepper as an investor and strategic partner,” Athletic Co-founder and CEO Bill Shufelt told BD in an email. “...

Coca-Cola will eliminate an unspecified number of jobs within its North America Operating Unit under a voluntary separation program announced internally today. The employee reduction will set the stage for structural changes under incoming NAOU President Jennifer Mann to be announced later, BD has learned. Mann, who will succeed Alfredo Rivera in the role on Jan. 1, has met with hundreds of ...