AGP Executive Report
Last update: 5 hours agoCocoa-free chocolate goes mainstream: Cargill and Voyage Foods are rolling out NextCoa, a plant-based, cocoa-free chocolate range, in the US first (with Canada “imminent”), offering milk-chocolate-like and dark-mild styles in drops and wafers for bars, baking, ice cream and coatings. Premium spirits push via sport: Diageo is turning the FIFA World Cup into an airport-first retail play for Don Julio and Casamigos, aiming to shape premium tequila demand before fans hit stadiums and bars. Inflation pressure reshapes pricing: Japan’s central bank warns more broad food and services price hikes could land around summer as energy costs feed through. Beer brand power holds: Kantar’s BrandZ shows beer still dominates alcohol value, with four of the top five spots led by Moutai, Corona, Budweiser, Heineken and Modelo. Local food culture, rebranded: Malaysia’s mall kopitiams are leaning into nostalgia—air-conditioned, curated “old Malaya” comfort—while Vietnam’s robusta coffee continues to sell culture to tourists.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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