Beverages – World News
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Princes Group CEO Simon Harrison to step down
Princes Group CEO Simon Harrison will step down on 30 June as the UK food and drink company names an interim leader and continues expansion through acquisitions and revenue growth.
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PepsiCo to invest US$516.5M in India by 2030 to expand snacks, beverage manufacturing
PepsiCo plans to invest Rs 5,700 crore in India by 2030 to expand snacks and beverage manufacturing capacity across Madhya Pradesh, Assam and Tamil Nadu.
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U.S. alcohol market under pressure – NielsenIQ data
NielsenIQ data shows continued weakness in the U.S. alcohol market, with declines across wine, spirits and beer, despite brief weekly sales rebounds driven by seasonal demand.
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Global beer volumes to fall 1% in 2025 as premium and alcohol-free segments drive value growth – IWSR
Beer volumes are set to decline globally in 2025, but premiumisation and rapid growth in non-alcoholic beer are sustaining category value, according to IWSR data.
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CCI orders probe into Pernod Ricard over alleged exclusive retail deals to boost market share in India
India’s competition watchdog has ordered an investigation into Pernod Ricard over alleged retailer exclusivity arrangements and market distortion practices in New Delhi.