AGP Executive Report
Last update: 32 minutes agoGerman Policy Watch: Germany proposes a 20% spirits tax increase, a move that could reshape pricing and demand across the alcohol market. Industry & Innovation: IMCD opens a new Food & Nutrition US Technical Hub in New Jersey, adding application labs (including a bakery lab) to speed up co-development for food, beverage and nutraceutical formulations. Food & Drink Markets: Refresco agrees to acquire insolvent Rhenser Mineralbrunnen, signaling continued consolidation in German bottled water. Coffee Spotlight: Colombia’s Congress declares coffee its national beverage, aiming to boost domestic consumption and support coffee-growing families. Sustainability & Compliance: The EU Packaging and Packaging Waste Regulation enters into force on Aug 12, with compliance milestones phasing in through 2040. Retail & Beverages: Nestlé confirms recipe changes to KitKat across Europe, including a more distinct hazelnut taste, rolling out from Sept 2027. Health & Drinks: A 10-year study links both regular and diet sodas to higher fatty liver disease risk, while replacing them with water lowers risk.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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