Beverages
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Wine industry sees uncertain future as pandemic and millennials cloud outlook
The alcohol segment could be on pace for continued consumption declines unless it can attract and retain younger and older consumers to the space.
By Christopher Doering • Jan. 21, 2021 -
Courtesy of Truly Hard Seltzer
Truly Hard Seltzer targets millennials shunning Dry January
To promote new tea flavors, the brand offered free merchandise to the 62% of drinking-age millennials avoiding the alcohol-free movement.
By Robert Williams • Jan. 19, 2021 -
Creative-Family/Getty Images
Deep DiveCould 2021 be the breakout year for cannabis-infused food and beverages?
Although the pandemic slowed progress, the outlook is brighter as more companies enter the market and the regulatory environment has the potential to change.
By Lillianna Byington • Jan. 19, 2021 -
Permission granted by Beneo
Getting to the root of chicory root's popularity surge
From adding fiber and mouthfeel to its use in prebiotics, the woody perennial's versatility has made it popular with consumers and businesses — especially during the pandemic.
By Christopher Doering • Jan. 14, 2021 -
Retrieved from Truss Beverage Co. on January 13, 2021
Molson Coors launches first US CBD drink line
Veryvell, the sparkling, nonalcoholic beverage that will be available only in Colorado, was developed by Truss CBD USA, a joint venture between the beer giant and Hexo.
By Lillianna Byington • Jan. 14, 2021 -
Courtesy of PowerPlant Ventures
Coca-Cola sells Zico coconut water to PE firm founded by brand's creator
The sale for an undisclosed sum comes as the beverage giant aims to cut about 200 brands to focus on more profitable, faster-growing products coming out of the pandemic.
By Christopher Doering • Jan. 14, 2021 -
Courtesy of Chobani
Chobani enters crowded RTD coffee space
The Greek yogurt giant has taken a big step to expand its reach beyond the dairy aisle, but the move will pit it against heavyweights such as Nestlé, Starbucks and Danone.
By Christopher Doering • Jan. 14, 2021 -
Kendall Davis/Food Dive
Tracking food industry priority for the COVID-19 vaccine
California is considering prioritizing age over essential workers, while Idaho has split its distribution plan into 4 groups, with food and agriculture workers estimated to receive the vaccine in late February to early March.
By Thai Phi Le • UPDATED: Jan. 25, 2021 at 3 p.m. -
Christopher Doering/Food Dive
Coca-Cola, Tyson Foods and ADM among companies to suspend political donations
CPG companies joined dozens of large U.S. businesses in reconsidering their contribution practices after last week's violent protest at the U.S. Capitol.
By Christopher Doering • Jan. 13, 2021 -
Thai Phi Le
Deep DiveCPGs wake up to breakfast's new future after coronavirus shakeup
With more people at home, a less hectic pace has boosted demand for sausage, waffles and cereal — a shift food manufacturers are confident will stick around after the pandemic.
By Christopher Doering • Jan. 12, 2021 -
Courtesy of ZOA
Molson Coors enters crowded energy drink space with distribution deal for ZOA
The beverage will differentiate itself with natural ingredients, vitamins, electrolytes and amino acids, forgoing preservatives and artificial ingredients.
By Christopher Doering • Jan. 11, 2021 -
US tariffs on high-alcohol wine from Germany and France take effect this week
The new import duties are part of a longstanding dispute about commercial jetliner subsidies that has spilled over into food and drink.
By Christopher Doering • Jan. 11, 2021 -
Courtesy of International Delight
ColumnLeftovers: International Delight travels to the Stone Age; Hidden Valley Ranch goes plant-based
Post Holdings, the maker of Fruity Pebbles and Cocoa Pebbles, is infusing its cereals into coffee creamers, and New Orleans businesses are bottling Mardi Gras.
By Food Dive staff • Jan. 08, 2021 -
Elderberry demand soars as consumers seek an immunity boost
From beverages to popsicles, more companies are adding the deep purple berry to a variety of offerings for its hue, flavor and health appeal.
By Lillianna Byington • Jan. 07, 2021 -
Permission granted by EverGrain
EverGrain upcycles AB InBev's barley waste into plant-based protein
The company, started by the brewer's former head of sustainability, creates two unique ingredients from the waste, which adds up to millions of tons a year.
By Megan Poinski • Jan. 07, 2021 -
Courtesy of Budweiser
Budweiser Zero unites athletes to support Dry January
The AB InBev brand's first zero-alcohol beer seeks to motivate consumers who are abstaining from alcohol to start the year.
By Chris Kelly • Jan. 07, 2021 -
Retrieved from PepsiCo on January 07, 2021
Mtn Dew releases its first new flavor in more than a decade: Major Melon
The watermelon-flavored soda is the newest permanent addition to the brand portfolio as PepsiCo leans on innovation to combat declining soda sales during the pandemic.
By Jessi Devenyns • Jan. 07, 2021 -
Permission granted by Fitvine
FitVine aims to upend 'stuffy' wine dominated by big players with better-for-you offering
The company's low-sugar drinks have made the California startup one of the fastest-growing alcohol brands and the top-growing wine label in the U.S.
By Christopher Doering • Jan. 05, 2021 -
AB InBev to sell stake in US metal container plants for $3B
Private-equity firm Apollo and other investors will purchase 49.9% of the business, giving the beer giant much-needed cash to pay down debt from its 2016 SABMiller acquisition.
By Christopher Doering • Dec. 28, 2020 -
2020's 10 biggest M&A deals in the food and beverage industry
Despite the pandemic, companies found ways to streamline their operations as needed and expand their portfolios when opportunities arose. These are some of the largest moves this year.
By Food Dive staff • Dec. 23, 2020 -
Christopher Doering
Frozen food sales soar with homebound consumers during pandemic
Sales in the category jumped 17.4% between November 2020 and the same month a year earlier. The largest gains came in processed poultry, seafood, snacks and beverages.
By Jessi Devenyns • Dec. 23, 2020 -
Christopher Doering
Zevia closes $200M funding round with Canadian investment firm
The stevia sweetened soda company is planning to use the money and partnership to fuel its global expansion strategy and better manage its assets.
By Jessi Devenyns • Dec. 22, 2020 -
Megan Poinski
Untapped: How grocers are growing their private label alcohol assortment
Wine has long been the focus, but experts say booming sales this year make store-brand booze ripe for expanded selections and higher price points.
By Catherine Douglas Moran • Dec. 21, 2020 -
Permission granted by PepsiCo
ColumnLeftovers: Pepsi to debut 'Cocoa' Cola this winter; PBR combines pretzels, beer and brats
The seasonal soda tastes like a blend of the soft drink, hot chocolate and a hint of marshmallow, and Kellogg is launching a homestyle recipe of its classic Rice Krispies Treats.
By Food Dive staff • Dec. 18, 2020 -
Coca-Cola to cut 2,200 jobs — most in the US — as part of restructuring
The staff reduction comes as the part of a broader overhaul accelerated by the pandemic, which has seen the beverage giant end production of brands including Tab and Odwalla.
By Christopher Doering • Dec. 18, 2020
