SABMiller JV China Resources Snow Breweries (CR Snow) has signed a $47 million deal with Asahi Breweries Itochu to buy the remaining stakes of 55% in Hangzhou Xihu Breweries Asahi (Hangzhou Xihu Beer) and 25% in Xihu Breweries Asahi Co (Huzhou Brewery).
A new Alzheimer’s study by University of South Florida researchers has found that a yet unidentified component of coffee that interacts with the beverage’s caffeine boosts blood levels of a critical growth factor that seems to fight off the Alzheimer’s disease process.
Per research from Beverage Marketing Corporation, soda remains the most-consumed beverage in the U.S., with the average consumer enjoying nearly 45 gallons of the fizzy drinks.
The nature of competition in the global market varies for soft drinks and hot drinks. This difference in competition drives a very different pace of innovation for the two categories.