Beverages: Page 33
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Courtesy of Boston Beer Company
Boston Beer debuts Sweet Tea Whiskey through partnership with Beam Suntory
The offering, which will be under the Twisted Tea line, is the third launch in the past year between the two partners after Sauza Agave Cocktails and Truly Flavored Vodka.
By Christopher Doering • Aug. 8, 2022 -
Justin Sullivan via Getty Images
Monster to debut first flavored malt beverage alcohol product
While known for energy drinks, the company entered booze earlier this year with the purchase of Canarchy. It currently has a “robust” pipeline to grow in the category, according to its co-CEO.
By Christopher Doering • Aug. 5, 2022 -
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 -
Juanmonino via Getty Images
Use of low-calorie sweeteners in beverages jumped 36% in a decade, research finds
As CPGs cut sugar in drinks and foods, they are increasingly choosing “non-nutritive” alternatives, but the shift could come at a cost to consumers’ health, scientists warn.
By Samantha Oller • Aug. 4, 2022 -
Christopher Doering/Food Dive
What 4 beer companies see in consumer drinking habits amid high inflation
Despite price increases and a jump in the cost of living, not all alcoholic beverage makers find shoppers switching from premium offerings to cheaper economy brands.
By Christopher Doering • Aug. 4, 2022 -
Permission granted by Celsius
PepsiCo boosts energy drink presence with $550M investment in Celsius
The beverage giant, which has an 8.5% stake in the brand with the option to acquire more, will also serve as its preferred distribution partner.
By Samantha Oller • Aug. 2, 2022 -
Retrieved from Lifeway Foods.
Lifeway Foods agreement aims to soothe family feud
Key shareholders seeking the ouster of CEO Julie Smolyansky have dropped a push to nominate new board members after the kefir maker agreed to a strategic review.
By Samantha Oller • Aug. 2, 2022 -
Courtesy of Tito's Handmade Vodka
Tito’s vodka spoofs hard seltzer craze by selling empty can
Rather than enter a crowded market, the Tito’s in a Can novelty product lets consumers make canned cocktails with the brand’s “vodka-flavored vodka.”
By Chris Kelly • Aug. 2, 2022 -
Justin Sullivan via Getty Images
Pepsi Bottling Ventures plans $35M production expansion
The North Carolina facility upgrade will help the beverage giant meet demand for Aquafina, Lipton Tea and Nature's Twist.
By Alejandra Carranza • Aug. 1, 2022 -
Courtesy of Soylent
How Soylent is bringing plant-based meal replacement into the future
CEO Demir Vangelov says the company, whose successful evolution from a tech product to a nutritional supplement has invited acquisition rumors, doesn’t take itself too seriously.
By Megan Poinski • Aug. 1, 2022 -
Courtesy of Coca-Cola
Sprite shifting from green to clear bottles to boost recycling
Coca-Cola, which is also moving to 100% recycled plastic Dasani bottles in North America, aims to support a circular packaging economy.
By Chris Casey • July 28, 2022 -
Courtesy of Air Up
Flavor by a nose: How Air Up uses scent to make water taste better
The European company, which just launched in the U.S., uses its specially designed water bottle and pods containing natural fragrances as a way to get consumers to hydrate.
By Megan Poinski • July 28, 2022 -
Courtesy of Kraft Heinz
Capri Sun cuts sugar 40% by reformulating with monk fruit
The largest renovation in the juice pouch brand’s history will put Kraft Heinz more than halfway toward its goal of significant portfolio-wide sugar reduction.
By Megan Poinski • Updated July 27, 2022 -
Scott Olson via Getty Images
Coca-Cola increased marketing spend to create brand value amid price hikes
Despite pressures on consumer spending, the company saw net revenues grow in Q2 due in part to the recovery of away-from-home channels.
By Chris Kelly • July 27, 2022 -
Courtesy of Constellation Brands
Constellation Brands debuts Woodbridge wine and soda mashup
The ready-to-drink offering, available in pop flavors like lemon lime and orange, is targeted at consumers who want wine that is more accessible and less intimidating.
By Christopher Doering • July 27, 2022 -
Courtesy of Nestle
Nestlé opens $340M Nescafé coffee factory in Mexico
The plant, which creates 1,200 new jobs in the region, makes the U.S. neighbor the food and beverage giant’s main coffee producer.
By Christopher Doering • July 26, 2022 -
Courtesy of PepsiCo
PepsiCo prevails in Mtn Dew Rise trademark case
An appeals court downplayed the strength of an upstart coffee company’s “Rise” trademark while noting significant differences between its can and the beverage giant’s energy drink.
By Christopher Doering • July 25, 2022 -
Courtesy of Truly Hard Seltzer
Boston Beer stung by declining hard seltzer demand
The Truly maker is under pressure as the once popular alcohol category has fallen out of favor with more consumers turning to ready-to-drink cocktails and other offerings.
By Christopher Doering • July 22, 2022 -
Christopher Doering/Food Dive
How PepsiCo uses Stubborn Soda to win over new audiences
The premium beverage, which jumped from a retail offer to a restaurant exclusive, features unique flavor combinations and consumer-friendly attributes like Fair Trade Certified cane sugar.
By Christopher Doering • July 21, 2022 -
Courtesy of General Mills
How 5 food and beverage companies are preparing for a recession
CEOs are optimistic, but looking at potential changes in consumer behavior and buying power as they lay the groundwork for an uncertain future.
By Chris Casey • July 19, 2022 -
Courtesy of PepsiCo
PepsiCo to build its largest US beverage plant in Colorado
The facility, which will create 250 jobs, is expected to open next summer and make drinks including Gatorade, bubly, Rockstar and its namesake soda.
By Christopher Doering • July 15, 2022 -
Courtesy of Ace Hardware
ColumnLeftovers: Ace Hardware scoops paint-inspired ice cream; Fyxx Health bites into cookies
The do-it-yourself store celebrates National Ice Cream Day with treats based on Benjamin Moore colors, and Flow enters the functional water space with three flavors.
By Food Dive staff • July 15, 2022 -
Courtesy of Frito-Lay
PepsiCo considers more price hikes and product mix changes to combat inflation
The beverage and snacking giant saw a sizable revenue boost in the last quarter and increased its annual growth outlook to 10%, but is being cautious in the face of economic uncertainty.
By Christopher Doering • July 13, 2022 -
Courtesy of Frito-Lay
PepsiCo meets saturated fat reduction goal 4 years early
The snacking giant also touted progress in water-use efficiency and direct emissions but said increased demand for its products is hurting environmental improvements in its supply and value chain.
By Christopher Doering • July 11, 2022 -
Courtesy of Sonic Drive-In
ColumnLeftovers: Sonic debuts in hard tea and slushes; Vanilla Ice collaborates on energy drinks
A licensing partnership is extending the drive-in’s brand to new alcoholic products, while PepsiCo’s Pasta Roni serves up convenience in a pouch.
By Food Dive staff • July 8, 2022 -
Courtesy of Steeped Coffee
Sustainable coffee maker Steeped raises $5M through crowdfunding
The beverage upstart said the money will go toward bringing its compostable single-serve brewing process to more drinkers.
By Christopher Doering • July 7, 2022
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