AGP Executive Report
Last update: 38 minutes agoDairy Drinks: Reliance has entered India’s ready-to-drink dairy market with Joyland flavoured milk, launching strawberry and vanilla varieties in Tamil Nadu at ₹20 and signalling plans to expand the range. Sugar Rules: Germany’s cabinet has approved a plan for a sugary-drinks tax from next year, aiming to curb sugar consumption and health costs; beverage groups have also criticised the consultation process. Regulatory Pressure: India’s food regulator is facing scrutiny over energy-drink enforcement, while a court refused PepsiCo immediate relief in a dispute over its “energy drink” label. Wine Reset: California’s wine glut is driving deep discounts and prompting some producers to consider agave, as sellers struggle with unwanted inventory. Beer Scrutiny: Japanese authorities have raided the country’s four largest brewers over suspected price-fixing. Winery Restructuring: Treasury Wine Estates is cutting 170 jobs as it presses ahead with a transformation, even as its emissions fall and water and energy use per output rise.
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