Beverages: Page 13
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ColumnThe Weekly Sip: Gen Z cocktail choices driven by experiences, Bacardi finds | Seth Rogen trades smoking for THC sparkling water
The Patron maker found sporting events and restaurants are influencing younger consumers tastes, and the comedy actor’s lifestyle brand debuts a hemp-based seltzer.
By Chris Casey • Dec. 19, 2024 -
Courtesy of Nestle
Nestlé launches drink that suppresses hunger, promotes GLP-1 production
The Boost pre-meal beverage is the latest offering from the global food giant that taps into the growing popularity of weight loss drugs.
By Christopher Doering • Dec. 18, 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 Campbell's
How Grillo’s Pickles holds onto niche status while nabbing Big Food collabs
A top executive said the company, which recently launched a Bloody Mary mix with The Campbell’s Company’s V8, is maintaining its authenticity by being selective about its partnerships.
By Chris Casey • Dec. 18, 2024 -
Permission granted by Redcon1
Nostalgic Jolt Cola returning to shelves as an energy drink
The beverage, popular in the 1980s and 1990s, is nearly tripling its caffeine content, ditching sugar and adding functional benefits in demand with today’s consumers.
By Christopher Doering • Dec. 16, 2024 -
Courtesy of Unwell Hydration
ColumnThe Weekly Sip: ‘Call Her Daddy’ podcast host debuts hydration drink | Molson Coors doubles down on Banquet
In other beverage news, Suntory takes inspiration from a lemon-lime Tokyo bar cocktail for its latest RTD launch.
By Chris Casey • Dec. 12, 2024 -
Permission granted by The Campbell's Company
V8 partners on Bloody Mary RTD beverage
The limited-time Spritz, which contains wine instead of vodka, aims to promote the versatility of The Campbell’s Company product and expand it into new usage occasions.
By Christopher Doering • Dec. 12, 2024 -
David Silverman via Getty Images
US to test national milk supply amid bird flu concerns
The federal order allows the USDA to test samples of unpasteurized milk from all farms, transporters and facilities as officials look to contain an expanding outbreak.
By Nathan Owens • Dec. 9, 2024 -
Spencer Platt via Getty Images
Coca-Cola lowers ambition with new 2035 packaging sustainability targets
The goals cover packaging design and collection. The move follows an August statement that it was “behind plan” to meet certain 2030 goals.
By Maria Rachal • Dec. 6, 2024 -
Justin Sullivan via Getty Images
Nestlé USA names Martin Thompson as CEO
The CPG veteran, who previously ran the food and beverage giant’s U.S. coffee business, will take on the new role starting in 2025.
By Christopher Doering • Dec. 5, 2024 -
Courtesy of Molson Coors
ColumnThe Weekly Sip: Miller High Life bottles bar scent | PepsiCo unwraps Gingerbread cola
In other beverage news, Budweiser producer AB InBev is furthering its manufacturing push with a $10 million investment in its Florida brewery.
By Chris Casey • Dec. 5, 2024 -
Craig Barritt via Getty Images
Stoli vodka owners file for bankruptcy following cyberattack
The company's CEO said that its IT systems have been affected since the ransomware attack earlier this year, which coincided with the seizure of distilleries producing the spirit in Russia.
By Chris Casey • Dec. 4, 2024 -
Courtesy of Cointreau
Cointreau teams up with ‘Caviar Queen’ for holiday cocktail kit
The triple sec maker is aiming to boost attention on social media by capitalizing on Gen Z’s interest in premium experiences.
By Chris Casey • Dec. 4, 2024 -
Christopher Doering/Food Dive
The Campbell’s Company names Mick Beekhuizen as CEO
The CPG veteran, who currently oversees the soup giant’s $5.3 billion meals and beverages division, will take over for Mark Clouse on Feb. 1.
By Christopher Doering • Dec. 3, 2024 -
Rodin Eckenroth/Getty Images for Frankies 457 via Getty Images
How Campari adapts to market trends to shape holiday experiences
The company’s vice president of marketing for America dishes on an expansive holiday strategy encompassing brands like Aperol and Grand Marnier.
By Sara Karlovitch • Dec. 3, 2024 -
Justin Sullivan via Getty Images
Constellation Brands selling Svedka vodka to Sazerac
The divestiture comes as the Corona brewer focuses on premium wine and spirits while distancing itself from its less expensive offerings that are seeing a decline in consumption.
By Chris Casey • Dec. 3, 2024 -
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TreeHouse Foods buys private label tea business for $205M
The purchase will strengthen its competitive position in the fast-growing beverage category while building its presence in higher-growth, higher-margin businesses.
By Christopher Doering • Dec. 2, 2024 -
Courtesy of Lifeway Foods
Lifeway says Danone’s latest offer ‘undervalues’ firm, but board not opposed to a sale
The kefir maker touted its ability to increase shareholder value, noting its recent growth and demand for its products from consumers interested in healthy foods.
By Christopher Doering • Nov. 26, 2024 -
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OpinionCalifornia’s food safety overhaul: From label to table
With looming compliance deadlines, companies must prepare now to make sure they’re following the state’s food ingredient and labeling laws.
By Sedina L. Banks and Sherry E. Jackman • Nov. 26, 2024 -
Noam Galai via Getty Images
Who is Dr. Marty Makary, Trump’s pick to head the FDA?
The nominee, a surgeon at Johns Hopkins, has criticized the use of pesticides on food and the industry turning against “natural fat.”
By Chris Casey • Nov. 25, 2024 -
Spencer Platt via Getty Images
Investors urge Coca-Cola, Kraft Heinz, others to provide transparency on products’ health impact
Over 30 investors and asset managers asked top executives from leading food and beverage companies to annually disclose the “healthiness” of their products.
By Zoya Mirza • Nov. 21, 2024 -
Courtesy of Pizza Hut
ColumnThe Weekly Sip: Pizza Hut uncorks tomato wine | Anheuser-Busch spends $14M to improve Houston brewery
In other beverage news, PKN debuted a barista version of its pecan milk for lattes and cappuccinos.
By Chris Casey • Nov. 21, 2024 -
Courtesy of Lifeway Foods, Inc.
Lifeway rejects Danone’s second takeover offer
The kefir company said the revised $27 a-share proposal substantially undervalues” its business.
By Christopher Doering • Nov. 20, 2024 -
Christopher Doering/Food Dive
Nestlé to cut $2.8B in costs, separate water into standalone business
The packaged goods giant also plans to fix, rather than sell, the majority of its underperforming businesses, CEO Laurent Freixe told investors and analysts.
By Christopher Doering • Nov. 19, 2024 -
Courtesy of Electrolit
Hydration beverage maker Electrolit invests $400M in first US plant
The company, with nearly half a billion in annual sales nationwide, is doubling down on its recent success and the popularity of electrolyte-infused drinks.
By Chris Casey • Nov. 19, 2024 -
Retrieved from Lifeway Foods.
Danone boosts offer for kefir maker Lifeway Foods to $307M
In a letter, the dairy giant said it was “disappointed” by the response to its earlier $283 million proposal and noted the increased price “fully reflects the fundamental potential of the Company.”
By Christopher Doering • Nov. 15, 2024
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