Beverages: Page 25
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Retrieved from Heineken.
How Heineken disrupted the staid non-alcoholic beer industry
While the brand was the best-selling offering in the category in 2022, Heineken 0.0 wasn’t always a sure thing for the Netherlands-based brewer.
By Christopher Doering • July 10, 2023 -
Courtesy of PepsiCo
ColumnLeftovers: Pepsi puts pineapple on top; Pillsbury stuffs banana bread in a tube
The CPG beverage giant is rolling out the exclusive flavor at Little Caesars locations, and Peak State is debuting coffee made with adaptogenic mushrooms.
By Food Dive staff • July 7, 2023 -
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 -
Mario Tama/Getty Images via Getty Images
Modelo dethroned Bud Light in America — here’s what the numbers say
While recent controversy played a role in the uncrowning, Modelo’s long-term strategy may have more to do with its success.
By Sara Karlovitch • July 5, 2023 -
Christopher Doering/Food Dive
Monster Beverage set to buy Bang Energy for up to $362M
A court filing showed the closure of the deal is being slowed by a review from the Federal Trade Commission. Bang warned it could be forced to liquidate if the transaction collapses.
By Christopher Doering • June 29, 2023 -
Permission granted by The Naked Market
Jilted by Constellation Brands, Aperitif maker Haus finds new life after acquisition
The Naked Market purchased the low-alcohol aperitifs maker for an undisclosed amount and is re-launching it online. The brand shut down last year after a $10 million funding round fell through.
By Christopher Doering • June 29, 2023 -
Courtesy of Danone
Danone digs in at discount channels as consumer tastes change
The retail channel is one of the fastest-growing segments of the dairy and plant-based giant’s business in the U.S., with sales forecast to top $100 million in 2023.
By Christopher Doering • June 28, 2023 -
Permission granted by PepsiCo
PepsiCo’s Muscle Milk bulking up beyond the gym
Once associated with health clubs and hardcore athletes, the protein powder and shake offering is finding broader appeal among consumers as an ingredient in coffee, ice cream and baked goods.
By Christopher Doering • June 27, 2023 -
Permission granted by TreeHouse Foods
‘A new TreeHouse:’ Private label giant builds for success by thinking small, CEO says
Steve Oakland said the snacks and beverages manufacturer has evolved into a more focused company that can better innovate and respond to the needs of retailers such as Walmart and Amazon.
By Christopher Doering • June 26, 2023 -
Courtesy of Coca-Cola
Coca-Cola’s BodyArmor enters rapid hydration with first major product launch in 2 years
The launch of BodyArmor Flash I.V. comes as the Atlanta-based beverage giant has struggled to integrate the energy drink after taking full control of it for $5.6 billion in 2021.
By Christopher Doering • June 21, 2023 -
Courtesy of SunOpta
SunOpta upcycles oat milk byproduct for new cereal
The company collaborated with Seven Sundays to launch the breakfast item using protein left over from its plant-based milk.
By Chris Casey • June 15, 2023 -
Courtesy of Mezcal Amarás
Maker’s Mark owner Beam Suntory inks distribution deal for Mezcal Amarás
The alcohol giant said the partnership, which begins next month, is key to further premiumizing its portfolio and expanding its reach in the fast-growing agave-based spirits category.
By Christopher Doering • June 14, 2023 -
Courtesy of Chobani
Chobani brings its Zero Sugar offering into drinkable yogurt
Since the dairy product line was launched in 2021, it has amassed 2.1% of the yogurt category, according to Nielsen, as consumers watch what they eat and reduce their intake of the sweetener.
By Christopher Doering • June 13, 2023 -
Permission granted by Zevia
Why Oreo and Doritos could signify a bright future for Zevia, a soda with no sugar or calories
Once associated with people eating salads, kale chips and other healthy offerings, the beverage is finding acceptance with consumers improving parts of their diets while continuing to indulge in other areas.
By Christopher Doering • June 13, 2023 -
Courtesy of Oatly
ColumnLeftovers: Oatly spreads into cream cheese; Kellogg harvests better-for-you Pringles
The Swedish oat milk maker’s new items come in Plain and Chive & Onion flavors, and Sam Adams provides beer drinkers with excuses to say no to their responsibilities.
By Food Dive staff • June 9, 2023 -
Courtesy of Jones Soda
Jones Soda names former PepsiCo executive as new CEO
David Knight will take over at the company known for flavors such as Blue Bubblegum and Turkey-and-Gravy on June 23. He replaces Mark Murray, who is retiring.
By Christopher Doering • June 9, 2023 -
Retrieved from Lifeway Foods.
Lifeway Foods shareholder blasts CEO and board, calls for sale of the kefir maker
Kanen Wealth Management, which owns 4.1% of the company, claims the board and chief executive are “mis-managing the business” and not looking out for shareholders.
By Christopher Doering • June 8, 2023 -
Retrieved from Topo Chico.
Beverages maintain stronghold on top new products for 2022, Circana says
Alani Nu, Dr Pepper Zero Sugar, Red Bull Green Edition and Topo Chico Hard Seltzer joined four other drinks to represent eight of the 10 most successful launches.
By Christopher Doering • June 8, 2023 -
Courtesy of TreeHouse Foods
TreeHouse Foods buys coffee operations from Farmer Brothers for $100M
The private label company will own a plant with processing capabilities that complement its existing single-serve pod and ready-to-drink coffee businesses.
By Christopher Doering • June 7, 2023 -
Courtesy of Coca-Cola
Coca-Cola drinkers to ‘level up’ with new League of Legends-inspired soda
The seventh limited-edition flavor to launch under the Coca-Cola Creations platform is more about prioritizing mood or experience rather than the flavor.
By Christopher Doering • June 7, 2023 -
Courtesy of Molson Coors
Molson Coors brand Zoa adopts gender-neutral identity for major refresh
“Fuel Something Bigger” shifts the energy drink from the gym toward the everyday consumer and highlights the brand’s colorful new packaging.
By Sara Karlovitch • June 5, 2023 -
Tim Boyle via Getty Images
PepsiCo to close Indiana distribution center later this year
The beverage and snacking giant said the facility currently employs about 100 people. Work there is being transferred to other locations.
By Christopher Doering • June 5, 2023 -
Retrieved from Perfect Bars.
ColumnLeftovers: Mondelēz layers more flavors onto Perfect Bar | Splenda splashes into drink mixes
The snack brand is debuting Crispy Peanut Butter offerings in chocolate and berry varieties, and Alouette brings its signature brie to the barbecue with a product designed for grilling.
By Food Dive staff • June 2, 2023 -
Retrieved from Aplos.
Functional non-alcoholic spirits brand Aplós raises $5.5M
The three-year-old startup said it will use the money to build up its retail distribution as many shoppers increasingly look to curtail or cease consuming alcohol.
By Christopher Doering • June 1, 2023 -
Courtesy of Meati Foods
VC funding for food and beverage plunging amid challenging environment, data shows
During the last four quarters, the amount of money raised and the number of deals have fallen significantly compared to the same period the year before, according to PitchBook.
By Christopher Doering • May 31, 2023 -
microgen via Getty Images
How Smucker will use liquid coffee to win over Gen Z
A new Dunkin’ product that makes hot or cold beverages in seconds hits shelves in July. The company says it will unlock its future in the space.
By Megan Poinski • May 30, 2023
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