Indra Nooyi, CEO of PepsiCo, believes that rising energy and commodity costs are the biggest problems that corporate executives face. At a recent conference, she called on lawmakers to put more resources behind fixing the problem, ideally before consumers start to limit spending.
Texas-based Innovative Beverage Group has launched a grape-flavored, carbonated relaxation beverage called Drank, which is now available in the South and Southwest. The product's ingredients include valerian root and rose hips.
The Coca-Cola Co. will spend $29 million to add features to its successful Minute Maid plant in Waco, Texas. The plant will continue to produce PowerAde and Vitaminwater after a new hot-fill production line is added.
Limited-service restaurants have fewer beverage options on their menus, although they often offer limited-time beverages. According to the new Beverage Consumer Trend Report, customers are more likely to buy beverages that contain natural ingredients.
Some of the largest CPG companies have changed leadership in the past three years and, in some cases, the new leaders are rerouting the direction of the industry. This article profiles some of those changes and the leaders who are championing them.