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FoodBev Weekly News Bulletin - 24/11/23
FoodBev Media

FoodBev Media

24 November 2023

FoodBev Weekly News Bulletin - 24/11/23

FoodBev Media's David Echevarría rounds up this week’s food and beverage news, including: CCEP and AEV sign agreement to buy Coca-Cola Beverages Philippines Coca-Cola Europacific Partners and Aboitiz Equity Ventures signed a definitive agreement to acquire Coca-Cola Beverages Philippines from The Coca-Cola Company. The deal to jointly acquire Coca-Cola Philippines was first announced in August, with the companies announcing that they had signed a letter of intent regarding the proposed acquisition. On 20 November Coca-Cola Europacific announced that it entered into a definitive agreement with Aboitiz to acquire 100% of Coca-Cola Philippines, valued at $1.8 billion. Givaudan and Thimus use neuroscience to better understand consumer preference Givaudan announced an agreement with neuroscience company Thimus to “unlock food emotions and offer a new window into the consumer mind”. Thimus is the developer of the TBox platform, which provides an integrated collection of data for exploring how humans experience food. In a statement, Givaudan said: “There’s often a gap between what consumers say and their actual experience and behaviour. Neuroscience may be the key to closing that gap.” EU parliament adopts revamped packaging rules This week, the European parliament adopted its position on new EU-wide packaging rules that aim to tackle waste and boost reuse and recycling. In addition to the overall packaging reduction targets proposed, MEPs want to set specific targets to reduce plastic packaging by 20% by 2040. MEPs want to ban the sale of very lightweight plastic carrier bags unless required for hygiene reasons or provided as primary packaging for loose food to help prevent food wastage. Danone and Global Methane Hub partner to accelerate methane reduction Danone has become the first corporation to join the Global Methane Hub’s Enteric Fermentation R&D Accelerator. The accelerator aims to create new practical solutions for dairy farmers to reduce methane emissions. It is supported by an alliance of philanthropic organisations and governments. So far, it has raised $200 million in funding to invest in research and innovation to create new solutions for livestock farmers that can mitigate enteric fermentation. Product round-up In this week's product round up we take a look at the seasonal and sweet offerings from big-name brands. Golden West Food Group unveils Hershey’s frozen fruit treats The new line combines real fruit with chocolate. The new snacks are available in four varieties:

  1. Reese’s frozen fruit banana.

  2. Hershey’s Cookies ‘N’ Creme frozen fruit strawberries

  3. Hershey’s White Creme & Milk Chocolate frozen fruit blueberries

  4. Hershey’s White Creme & Milk Chocolate frozen fruit raspberries Babybel has released the limited-edition 200g Maxi Babybel The Maxi Babybel is ten times bigger than the original, with the same qualities Babybel consumers know. It is made from 100% real cheese with only four ingredients and no added colours, flavours or preservatives, it is rich in calcium and protein and features Babybel’s red wax coating Asda unveils seasonal pigs in blankets line-up Asda has announced the launch of a 12-product strong range of flavoured pigs in blankets in time for Christmas. The range features the Christmas classic of pork sausages wrapped in bacon, but with “decadent twists” including

  5. Asda’s Extra Special Truffle & Parmesan Pigs

  6. Extra Special Brown Butter & Spiced Rum Stuffing Wreath with Brûléed Pigs in Blankets,

  7. Cheesy Pigs in Blankets

  8. Frozen Extra Special Truffle Pigs in Blankets

  9. Frozen Maple Pigs in Blankets

  10. Extra Special Pigs in Blankets

  11. Scrummy Pigs in Blankets

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