Latest news with #ABInBev
Business Upturn
20 hours ago
- Business
- Business Upturn
Mondelēz International Joins the 100+ Accelerator to Help Advance More Sustainable Innovation at Scale
100+ Accelerator was created to rapidly pilot and scale solutions. Mondelēz International's addition reinforces movement among world's largest brands to collaborate on more sustainable innovation at scale. CHICAGO, May 30, 2025 (GLOBE NEWSWIRE) — Mondelēz International, Inc. (Nasdaq: MDLZ) today announced it has joined the 100+ Accelerator, the award-winning global platform dedicated to scaling sustainable innovation. Mondelēz International joins AB InBev, The Coca-Cola Company, Colgate-Palmolive, Danone, and Unilever as the program's sixth corporate partner as it begins to accept applications for the platform's seventh cohort of startups. Launched in 2018 by AB InBev, the 100+ Accelerator was created to rapidly pilot and scale solutions in areas such as regenerative agriculture, circular packaging, and energy efficiency. To date, the program has supported approximately 190 startups across more than 40 countries, many of which have gone on to become integrated partners in global supply chains. The addition of Mondelēz International strengthens the program's cross-industry reach and signals a growing movement among the world's largest brands to collaborate on more sustainable innovation at scale. 'Joining the 100+ Accelerator is a natural extension of our Sustainability strategy—a strategy that is resilient and built with an aim for long-term, sustainable business growth,' said Christine Montenegro McGrath, Chief Impact and Sustainability Officer, Mondelēz International. 'We strive to continue building a snacking company that helps drive positive impact at scale. We believe this collaboration would allow us to further help startup sustainability innovators move further, faster by harnessing collective industry expertise and delivering more meaningful solutions for people and the planet.' 'Having Mondelēz International join the 100+ Accelerator brings a fresh perspective to the program that strengthens our reach and impact,' said Ingrid De Ryck, Chief Sustainability Officer at AB InBev. 'By working across industries, we're unlocking bold solutions that can help transform global supply chains.' The 100+ Accelerator provides startups with funding, mentorship, and the opportunity to pilot their innovations in real-world corporate environments. Through close collaboration with corporate teams, entrepreneurs can refine and scale their technologies while accelerating time to impact. Recent innovations from the program include: Smallholder support platforms that enhance agricultural sustainability and farmer livelihoods. that enhance agricultural sustainability and farmer livelihoods. Low-emission logistics including EV retrofitting, biofuels, and smart fleet analytics. including EV retrofitting, biofuels, and smart fleet analytics. Creating circular systems including compostable and bio-based packaging from bacterial cellulose, and more. compostable and bio-based packaging from bacterial cellulose, and more. Water efficiency solutions using advanced nanotechnology, spectroscopy, and electrochemistry. Applications for the seventh cohort of the 100+ Accelerator are now open. Entrepreneurs around the world are invited to apply at With the combined capabilities of Mondelēz International, AB InBev, The Coca-Cola Company, Colgate-Palmolive, Danone, and Unilever, we believe the 100+ Accelerator is accelerating the future of more sustainable business—together. About Mondelēz International Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2024 net revenues of approximately $36.4 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka and Toblerone chocolate. Mondelēz International is a proud member of the Dow Jones Best-in-Class North America and World Indices, formerly Dow Jones Sustainability Indices. Visit or follow the company on X at About The 100+ Accelerator The 100+ Accelerator is a global innovation program that partners with cutting-edge startups to solve some of the world's most pressing sustainability challenges. Backed by six global consumer goods companies, AB InBev, The Coca-Cola Company, Colgate-Palmolive, Danone, Mondelēz International, and Unilever, the accelerator focuses on solutions across water, energy efficiency, circular economy, and sustainable agriculture. Since launch, the 100+ Accelerator has supported nearly 200 startups across more than 40 countries, delivering business and environmental impact. Learn more at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Globe and Mail
21 hours ago
- Business
- Globe and Mail
Mondelēz International Joins the 100+ Accelerator to Help Advance More Sustainable Innovation at Scale
100+ Accelerator was created to rapidly pilot and scale solutions. Mondelēz International's addition reinforces movement among world's largest brands to collaborate on more sustainable innovation at scale. CHICAGO, May 30, 2025 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today announced it has joined the 100+ Accelerator, the award-winning global platform dedicated to scaling sustainable innovation. Mondelēz International joins AB InBev, The Coca-Cola Company, Colgate-Palmolive, Danone, and Unilever as the program's sixth corporate partner as it begins to accept applications for the platform's seventh cohort of startups. Launched in 2018 by AB InBev, the 100+ Accelerator was created to rapidly pilot and scale solutions in areas such as regenerative agriculture, circular packaging, and energy efficiency. To date, the program has supported approximately 190 startups across more than 40 countries, many of which have gone on to become integrated partners in global supply chains. The addition of Mondelēz International strengthens the program's cross-industry reach and signals a growing movement among the world's largest brands to collaborate on more sustainable innovation at scale. 'Joining the 100+ Accelerator is a natural extension of our Sustainability strategy—a strategy that is resilient and built with an aim for long-term, sustainable business growth,' said Christine Montenegro McGrath, Chief Impact and Sustainability Officer, Mondelēz International. 'We strive to continue building a snacking company that helps drive positive impact at scale. We believe this collaboration would allow us to further help startup sustainability innovators move further, faster by harnessing collective industry expertise and delivering more meaningful solutions for people and the planet.' 'Having Mondelēz International join the 100+ Accelerator brings a fresh perspective to the program that strengthens our reach and impact,' said Ingrid De Ryck, Chief Sustainability Officer at AB InBev. 'By working across industries, we're unlocking bold solutions that can help transform global supply chains.' The 100+ Accelerator provides startups with funding, mentorship, and the opportunity to pilot their innovations in real-world corporate environments. Through close collaboration with corporate teams, entrepreneurs can refine and scale their technologies while accelerating time to impact. Recent innovations from the program include: Smallholder support platforms that enhance agricultural sustainability and farmer livelihoods. Low-emission logistics including EV retrofitting, biofuels, and smart fleet analytics. Creating circular systems including compostable and bio-based packaging from bacterial cellulose, and more. Water efficiency solutions using advanced nanotechnology, spectroscopy, and electrochemistry. Applications for the seventh cohort of the 100+ Accelerator are now open. Entrepreneurs around the world are invited to apply at With the combined capabilities of Mondelēz International, AB InBev, The Coca-Cola Company, Colgate-Palmolive, Danone, and Unilever, we believe the 100+ Accelerator is accelerating the future of more sustainable business—together. About Mondelēz International Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in over 150 countries around the world. With 2024 net revenues of approximately $36.4 billion, MDLZ is leading the future of snacking with iconic global and local brands such as Oreo, Ritz, LU, Clif Bar and Tate's Bake Shop biscuits and baked snacks, as well as Cadbury Dairy Milk, Milka and Toblerone chocolate. Mondelēz International is a proud member of the Dow Jones Best-in-Class North America and World Indices, formerly Dow Jones Sustainability Indices. Visit or follow the company on X at About The 100+ Accelerator The 100+ Accelerator is a global innovation program that partners with cutting-edge startups to solve some of the world's most pressing sustainability challenges. Backed by six global consumer goods companies, AB InBev, The Coca-Cola Company, Colgate-Palmolive, Danone, Mondelēz International, and Unilever, the accelerator focuses on solutions across water, energy efficiency, circular economy, and sustainable agriculture. Since launch, the 100+ Accelerator has supported nearly 200 startups across more than 40 countries, delivering business and environmental impact. Learn more at
NBC News
2 days ago
- Business
- NBC News
Non-alcoholic beer projected to overtake ale as the second-largest beer category worldwide this year
Non-alcoholic beer is on track to overtake ale as the second-largest beer category by volume worldwide this year, according to a new projections from industry tracker IWSR. While overall beer volume fell roughly 1% in 2024, volume for its non-alcoholic counterpart grew 9% worldwide, according to IWSR. The category's growth accelerated in 2018 and has continued to outstrip the broader beer market since then. IWSR is projecting that no-alcohol beer will grow by 8% annually through 2029, while ale's volume is expected to slide 2% annually in that same period. Despite recent growth, no-alcohol beer is far from becoming the top-selling beer category globally and only holds about 2% of worldwide beer market share. With 92% market share, lager is far and away the largest beer category and still growing, albeit at a slower pace than non-alcoholic beer. No-alcohol beer has gained popularity as more consumers cut back on their alcohol consumption, prompting brewers to invest in zero-proof alternatives. The trend is particularly striking across younger age cohorts; Gen Z drinks less than prior generations at the same age, and millennials hold the largest share of no-alcohol drinkers, according to IWSR. Younger drinkers use buzzwords like 'sober curious' and 'damp lifestyle' to describe moderating their alcoholic intake, rather than abstaining entirely. Additional fuel for the trend comes from the companies making non-alcoholic beers, which have gotten better at mimicking the taste of their alcoholic twins. Practically every major beer brand, from Diageo's Guinness to Heineken and Anheuser-Busch InBev's Budweiser, has rolled out a zero-proof version over the last five years. Non-alcoholic beer's worldwide retail sales surpassed $17 billion in 2023, according to Bernstein. Looking at global markets, Germany, Spain and Japan bought the most non-alcoholic beer that year. The U.S. landed in sixth place for its no-alcohol beer sales, although its ranking falls much further when measured by overall sales penetration. Much of the growth in the U.S. is fueled by Athletic Brewing, now the top-selling no-alcohol beer brand. The upstart, which was founded in 2018, holds 17% of the category's volume share, edging out AB InBev's Bud Zero and Heineken's 0.0 version. Just three years earlier, Athletic held only a 4% share. The company was reportedly valued at roughly $800 million in its latest funding round in 2024. Even non-alcoholic beer hasn't been immune from the rash of celebrity-backed alcohol brands. Actor Tom Holland launched Bero, retired basketball star Dwyane Wade co-founded Budweiser Zero with AB InBev and podcast host and actor Dax Shepherd created Ted Segers.
CNBC
2 days ago
- Business
- CNBC
Non-alcoholic beer to overtake ale as the second-largest beer category worldwide this year
Non-alcoholic beer is on track to overtake ale as the second-largest beer category by volume worldwide this year, according to a new projections from industry tracker IWSR. While overall beer volume fell roughly 1% in 2024, volume for its non-alcoholic counterpart grew 9% worldwide, according to IWSR. The category's growth accelerated in 2018 and has continued to outstrip the broader beer market since then. IWSR is projecting that no-alcohol beer will grow by 8% annually through 2029, while ale's volume is expected to slide 2% annually in that same period. Despite recent growth, no-alcohol beer is far from becoming the top-selling beer category globally and only holds about 2% of worldwide beer market share. With 92% market share, lager is far and away the largest beer category and still growing, albeit at a slower pace than non-alcoholic beer. No-alcohol beer has gained popularity as more consumers cut back on their alcohol consumption, prompting brewers to invest in zero-proof alternatives. The trend is particularly striking across younger age cohorts; Gen Z drinks less than prior generations at the same age, and millennials hold the largest share of no-alcohol drinkers, according to IWSR. Younger drinkers use buzzwords like "sober curious" and "damp lifestyle" to describe moderating their alcoholic intake, rather than abstaining entirely. Additional fuel for the trend comes from the companies making non-alcoholic beers, which have gotten better at mimicking the taste of their alcoholic twins. Practically every major beer brand, from Diageo's Guinness to Heineken and Anheuser-Busch InBev's Budweiser, has rolled out a zero-proof version over the last five years. Non-alcoholic beer's worldwide retail sales surpassed $17 billion in 2023, according to Bernstein. Looking at global markets, Germany, Spain and Japan bought the most non-alcoholic beer that year. The U.S. landed in sixth place for its no-alcohol beer sales, although its ranking falls much further when measured by overall sales penetration. Much of the growth in the U.S. is fueled by Athletic Brewing, now the top-selling no-alcohol beer brand. The upstart, which was founded in 2018, holds 17% of the category's volume share, edging out AB InBev's Bud Zero and Heineken's 0.0 version. Just three years earlier, Athletic held only a 4% share. The company was reportedly valued at roughly $800 million in its latest funding round in 2024. Even non-alcoholic beer hasn't been immune from the rash of celebrity-backed alcohol brands. Actor Tom Holland launched Bero, retired basketball star Dwyane Wade co-founded Budweiser Zero with AB InBev and podcast host and actor Dax Shepherd created Ted Segers.
Business Upturn
4 days ago
- Business
- Business Upturn
INOX India's Savli plant receives approvals from global brewery majors for stainless-steel kegs
INOX India Ltd (INOXCVA), a manufacturer of cryogenic technology solutions and stainless-steel beverage kegs, has received manufacturing approvals from two major global brewery brands, Heineken and AB InBev. These approvals pertain to the company's keg production facility located at Savli, Gujarat. The facility, established in September 2023, now meets the operational and quality standards required by both breweries, allowing INOXCVA to begin commercial engagements with them. The Savli plant complies with internationally recognized quality certifications, including ISO 9001, ISO 14001, and FSSC 22000. These certifications cover areas such as manufacturing protocols, cleanliness, quality assurance systems, traceability, and testing infrastructure. The approval process involved on-site audits and evaluations, verifying that the plant meets the requirements set by Heineken and AB InBev. INOXCVA manufactures a variety of stainless-steel beverage kegs, offering sizes from 10 to 60 liters in formats such as EURO, DIN, SLIM, and USA-standard (BBL). The kegs are suitable for packaging beer, wine, cider, juice, kombucha, coffee, and other beverages. The product line includes both stackable and non-stackable options, with different spear and neck configurations, enhanced ring thickness, and comprehensive leak testing. The company also offers lightweight, customizable PSP kegs made from recycled stainless steel and polypropylene in 15 to 20-liter capacities. These are designed for sustainability and ease of use. Cornelius (Corny) kegs, popular among homebrewers, are available in 2.5 to 5-gallon variants and come with hygiene certification and flexible design features. Additional customization options include logo embossing, silk printing, and RFID tagging. The kegs are made from AISI 304/EN 1.4301 stainless steel sourced from Indian suppliers and undergo certified pickling and passivation treatments. They comply with EU regulations, US FDA guidelines, and other international standards related to food and beverage packaging. With its compliance and production capabilities now validated, INOXCVA is positioned to supply to major global beverage markets. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
