Beverages: Page 14
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Permission granted by Southern Glazer's Wine and Spirits
Southern Glazer’s Wine & Spirits buys New England alcohol distributor
The largest wholesaler in the industry is set to purchase Horizon Beverage Group, a company with nearly a century of experience in Massachusetts and Rhode Island.
By Chris Casey • July 30, 2024 -
Brett Carlsen via Getty Images
Pennsylvania grocers can soon toast to canned cocktail sales
The new law, which takes effect mid September, comes at a time when the ready-to-drink cocktail category is booming.
By Catherine Douglas Moran • July 29, 2024 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Courtesy of Mela Water
Why Mela saw untapped potential with Gen Z in watermelon drinks
The upstart brand’s CEO said it hopes to ride the wave of unique beverages adjacent to the alcohol category with its zero-proof Watermelon Water.
By Chris Casey • July 29, 2024 -
Permission granted by C4 Energy
ColumnThe Weekly Sip: C4 energy drink freezes up with Popsicle flavors
The beverage maker launched three new flavors in collaboration with Unilever’s Popsicle brand, and Oo-Lah hopes to bring the beach experience to RTD cocktails.
By Food Dive staff • Updated July 29, 2024 -
Permission granted by Tropicana Brands Group
After $3B sale by PepsiCo, Tropicana goes about juicing up its business
The company, which owns its namesake brand, smoothie maker Naked and probiotic drink KeVita, is prioritizing innovation and new consumption occasions to drive growth.
By Christopher Doering • July 24, 2024 -
Justin Sullivan via Getty Images
Nestlé develops technology to reduce fat in dairy ingredients
The food and beverage giant said the process cuts fat in milk powder by up to 60% without compromising on quality, taste and texture.
By Christopher Doering • July 24, 2024 -
Aja Koska via Getty Images
Food and beverage innovation plunges nearly 50% since 2007: Mintel
The market research firm said about a quarter of items introduced between January and May of 2024 were genuinely new products.
By Christopher Doering • July 23, 2024 -
Joe Raedle via Getty Images
Keurig Dr Pepper to close Virginia coffee plant, impacting 379 people
The shuttering of the facility, which manufactures K-Cup pods, comes as the beverage giant ramps up production in South Carolina.
By Christopher Doering • July 22, 2024 -
Courtesy of Coca-Cola
ColumnThe Weekly Sip: Coca-Cola taps YouTube stars for BodyArmor collab | Evolution Fresh bursts into better-for-you soda
The sports drink is launching its latest offering with the influencers behind Dude Perfect, and California brewery Fieldwork debuts a line of nonalcoholic beverages.
By Food Dive staff • July 18, 2024 -
Aneurin Canham-Clyne/Food Dive
The forces shaping Gen Z’s snack and beverage consumption
Gen Z has a sweet tooth and loves childhood flavors, but they increasingly demand healthy ingredients, major restaurants and suppliers say.
By Aneurin Canham-Clyne • July 17, 2024 -
Courtesy of Kellanova
Kellanova brings waffle flavor to a mug with Eggo Coffee
The food giant is taking its breakfast brand into the lucrative morning beverage category where it will compete with offerings from companies such as Nestlé and J.M. Smucker.
By Chris Casey • July 17, 2024 -
Christopher Doering/Food Dive
PepsiCo CEO sees lower prices across parts of its snacking portfolio
Ramon Laguarta said some of its products, such as unsalted potato or tortilla chips, need a “value reset” as inflation and higher borrowing costs weigh on U.S. consumers.
By Christopher Doering • July 15, 2024 -
Liudmila Chernetska via Getty Images
Pernod Ricard creates dedicated US whiskey company
The Jameson maker is growing its spirits operations following investments in brands such as Rabbit Hole and Jefferson’s.
By Chris Casey • July 15, 2024 -
Courtesy of Badger Bevs
Badger Bevs brings NYC bar finesse to cocktail mixers
The recently launched company, which collaborated with top mixologists, aims to improve the quality of at-home cocktails.
By Chris Casey • July 15, 2024 -
Permission granted by Nestle
Nestlé’s Nespresso opening ‘immersive’ coffee boutiques across US
The outlets are tailored to Gen Z and others wanting to learn more about coffee and establish a deeper connection with the premium brand.
By Christopher Doering • July 15, 2024 -
Courtesy of 5-hour Energy
ColumnThe Weekly Sip: 5-Hour Energy gets saucy | Free AF raises a glass to zero-proof whiskey
In other beverage news, a Michigan-based alcohol brand is entering the RTD space with its take on better-for-you cocktails.
By Chris Casey • July 11, 2024 -
Courtesy of Chobani
Chobani introduces shelf-stable low-fat dairy milk for a cause
Super Milk, which will not be sold in stores, is being manufactured as a donation to communities facing natural disasters or food insecurity.
By Christopher Doering • July 9, 2024 -
Courtesy of Athletic Brewing
Nonalcoholic beer maker Athletic boosts coffers with $50M investment
The financing round, which values the brewer at around $800 million, will help fund the fast-growing company’s expansion efforts.
By Christopher Doering • July 9, 2024 -
Sarah Silbiger via Getty Images
FDA bans use of BVO in all food and beverages
The decision comes after a series of studies with the NIH found the ingredient to have adverse health effects.
By Elizabeth Flood • July 8, 2024 -
Courtesy of Ceybon AF
Holistic medicine doctor brings better-for-you to ready-to-drink cocktails
Dr. Giulietta Octavio was on a mission to help her patients feel better during the COVID-19 lockdown. She never expected what came afterwards.
By Elizabeth Flood • July 3, 2024 -
Courtesy of Pegasus Distillerie
Column3 brands shaking up the cocktail category this summer
Beverage companies are turning to unique new formulations — including one containing a meteorite — for recent product launches.
By Chris Casey • July 3, 2024 -
Permission granted by Athletic Brewing
Beer giants lifting nonalcoholic space with ‘non-compromising’ launches: Athletic CEO
Just five years ago, top brands were absent from the market. Today, Blue Moon, Guinness, Corona, Heineken and Bud offer no- and low-alcohol versions of their popular brews.
By Christopher Doering • July 2, 2024 -
Courtesy of Tilray Brands
Cannabis producer Tilray debuts nonalcoholic beer Runner’s High
Despite having its roots in marijuana, the Canadian company is diversifying its revenue stream by entering the trendy category.
By Chris Casey • June 28, 2024 -
Courtesy of Más+ Next Generation Beverage Co.
ColumnThe Weekly Sip: Lionel Messi enters hydration drinks game | NFL’s Gronkowski invests in Casa Azul
In other beverage news, a newly launched tequila brand aims to blend Mexican and Indian culture.
By Food Dive staff • June 27, 2024 -
Courtesy of Renais
Emma Watson brings premium gin brand to the US
The Harry Potter actress and her brother are expanding distribution for their spirit as consumers demand more higher-end options of the popular alcohol.
By Chris Casey • June 27, 2024
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