Beverages
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Retrieved from Danone.
Danone exploring options, including a sale, for US organic dairy business
The review includes the Horizon Organic and Wallaby brands, which represent 3% of the company’s global revenues and have been a drag on growth and margins.
By Christopher Doering • Jan. 30, 2023 -
Courtesy of Hormel Foods
ColumnLeftovers: Hormel brings chili cheese beer to the Super Bowl party; Dolly Parton adds to her baking line
The craft lager made in partnership with Modist Brewing Co has a “chip-like” base, spices and cheese powder; and Sara Lee mixes vegetables into white bread.
By Food Dive staff • Jan. 27, 2023 -
Courtesy of Coca-Cola
Coca-Cola extends its Simply juice brand into mixers
Simply Mixology joins similar offerings from PepsiCo and Keurig Dr Pepper as nonalcoholic beverage companies make inroads into alcohol mixers and mocktails.
By Christopher Doering • Jan. 27, 2023 -
Permission granted by Vita Coco
Vita Coco’s reinvention: How reassessing its customer base is paying off
The New York company has watched its sales and marketing soar as consumers gravitate toward its better-for-you offering and industry giants such as Coca-Cola exit the category.
By Christopher Doering • Jan. 25, 2023 -
Courtesy of Danone
Danone names 3 deputy CEOs to head top divisions
The restructuring will help the yogurt and water maker improve its decision-making, execution and growth, the company said. The executives will report to CEO Antoine de Saint-Affrique.
By Christopher Doering • Jan. 20, 2023 -
Courtesy of Nestlé
Nestlé invests $43M in Wisconsin factory expansion
The CPG giant will increase capacity for its Boost and Carnation Breakfast Essentials drinks, and the zero waste-to-landfill facility will have several energy, water and waste saving features.
By Chris Casey • Jan. 18, 2023 -
Permission granted by Vita Coco
Deep Dive
Here’s how CPGs are bracing for more volatility in 2023
After a year of inflation, war and supply chain disruptions, companies are taking steps to prepare their operations to weather a period of prolonged uncertainty.
By Christopher Doering • Jan. 17, 2023 -
Permission granted by PepsiCo
PepsiCo overhauls recipe for its Zero Sugar cola
The change, which creates a drink the company says more closely mirrors its namesake beverage, could help it gain ground on Coca-Cola's Zero Sugar offering.
By Christopher Doering • Jan. 17, 2023 -
Courtesy of Molson Coors
Molson Coors debuts nonalcoholic RTD cocktail line
The company is only selling its Roxie drinks online to test the waters and see how they perform.
By Chris Casey • Jan. 13, 2023 -
Permission granted by Richard's Rainwater
From cloud to bottle: Richard’s Rainwater turns to raindrops for a sustainable beverage
The company forecasts sales to top $10 million in 2023, and has benefited from growing demand for earth-friendly products and recent water quality concerns.
By Christopher Doering • Jan. 12, 2023 -
Photo by Askar Abayev on Pexels
Dry January participation dips, survey finds
Three-fourths of those choosing to abstain from alcohol for the first month of the year mentioned cost savings as a significant factor in their decision, Morning Consult found.
By Chris Casey • Jan. 12, 2023 -
Brandon Bell via Getty Images
Deep Dive7 trends shaping food and beverage in 2023
The year begins with a new focus on giving consumers what they want, from RTD cocktails to tech-enabled products to sustainability to better labeling.
By Christopher Doering , Chris Casey , Megan Poinski • Jan. 10, 2023 -
Courtesy of Rio Tinto
Constellation Brands warns of consumer sensitivity to price increases
CEO Bill Newlands said his company plans "more muted" hikes after prior ones slowed sales growth.
By Christopher Doering • Jan. 10, 2023 -
Courtesy of PepsiCo
PepsiCo sets its sights on Gen Z with Starry, a Sprite competitor
After dwindling sales of Sierra Mist, the beverage giant is pitching its latest offering as a “fun escape” for young consumers.
By Chris Casey • Jan. 9, 2023 -
Permission granted by Kind
ColumnLeftovers: Kind softens its approach to granola; Hippeas takes on Doritos
The Mars-owned snacking brand’s new launch brings a chewier texture to its classic offering, and Rasa taps into adaptogens for new brews.
By Food Dive staff • Jan. 6, 2023 -
Catherine Douglas Moran/Food Dive
Oatly sells some manufacturing capacity to co-packer Ya YA Foods for $98.1M
After a year plagued with production problems, the publicly traded company will focus on its proprietary oat base, while the Canadian co-manufacturer will take over its Utah and Texas plants.
By Megan Poinski • Jan. 4, 2023 -
Courtesy of Clif Bar
2022’s top M&A deals in the food and beverage industry
Last year saw companies turn to dealmaking as a way to quickly gain presence in fast-growing categories or strengthen their position in existing ones.
By Christopher Doering • Jan. 3, 2023 -
Courtesy of Kellogg
ColumnLeftovers: New Kellogg treats make winter sweet; Stony Creek and Bigelow tea up new brews
The cereal giant is bringing two indulgent new offerings to breakfast and snack time, and vegan brand GrownAs* debuts mac and cheese with 10 grams of protein per serving.
By Food Dive staff • Dec. 16, 2022 -
Permission granted by Coca-Cola
How Coca-Cola turns to its Freestyle machine to create shelf-ready flavors
The CPG’s 50,000 dispensers, which pour more than 11 million drinks each day, have inspired four beverage creations that have made it to bottles and cans.
By Christopher Doering • Dec. 15, 2022 -
Courtesy of Poppi
Functional soda Poppi raises $25M
The beverage maker also bulked up its C-suite by appointing former Anheuser-Busch executive Lana Buchanan as its chief marketing officer.
By Christopher Doering • Dec. 13, 2022 -
Courtesy of NotCo
NotCo raises $70M to make its AI available to other companies
The Chile-based company will build on its recent joint venture with Kraft Heinz to bring the power of its Giuseppe algorithm to an array of manufacturers.
By Megan Poinski • Dec. 12, 2022 -
Courtesy of C4
Keurig Dr Pepper spends $863M for stake in C4 Energy maker
The beverage giant will own 30% of Nutrabolt with opportunities to increase its ownership. The companies also entered into a long-term sales and distribution agreement.
By Christopher Doering • Dec. 8, 2022 -
Courtesy of Pernod Ricard
Pernod Ricard to spend $250M building carbon-neutral distillery in Kentucky
The spirits maker said the investment “doubles down” on the future sustainability of American whiskey and the “strong growth — and growth potential” in the company’s portfolio.
By Christopher Doering • Dec. 8, 2022 -
Retrieved from Pernod Ricard.
Kahlúa touts full traceability of key coffee ingredient
The liqueur, which is owned by Pernod Ricard, said brands and retailers are facing mounting pressure from customers to provide greater transparency into their supply chains.
By Christopher Doering • Dec. 7, 2022 -
Courtesy of PepsiCo
PepsiCo to double use of reusable packaging to 20% by 2030
To meet the target, the beverage giant plans to prioritize four areas, including growing the company’s SodaStream platform and expanding its refillable plastic and glass bottle offerings.
By Christopher Doering • Dec. 5, 2022
