Beverages: Page 18
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Permission granted by Eat the Change
Just Ice sales heat up a tea segment abandoned by Coca-Cola
Sales of the organic, less sweet offering are expected to top $20 million this year by tapping into many of the attributes that made its predecessor Honest a success.
By Christopher Doering • March 25, 2024 -
Courtesy of The ICEE Company
ColumnLeftovers: Icee chills out with Ghostbusters flavors | Bob’s Red Mill mixes provide baking shortcut
The frozen beverage brand taps the fantasy franchise for its nostalgic line, and MariMed infuses both cannabis and electrolytes into its latest drink mixes.
By Food Dive staff • March 22, 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 Southeastern Grocers
ColumnThe Weekly Sip: S&P rating could spell trouble for beverages | AB InBev crafts IPA using ‘spellers’ method
In this week’s beverage news, Diageo infuses blackberries into Crown Royal Whisky, and tech company Vertosa partners with a German ingredients producer to produce cannabis-infused drinks.
By Food Dive staff • March 21, 2024 -
Courtesy of Truly Hard Seltzer
Boston Beer brings Truly into tequila soda to help revive brand
The alcohol company is betting that the RTD cocktail wave will renew interest in the beverage as it struggles to rebound from a slump in hard seltzer demand.
By Chris Casey • March 20, 2024 -
Permission granted by PepsiCo
How Bubly aims to shake up sparkling water with new Burst brand extension
Burst caters to consumers who view sparkling water marketing as staid and products as too much of a trade-off from sugary sodas.
By Peter Adams • March 19, 2024 -
Permission granted by Hain Celestial
As sales decline, Hain Celestial names new president for its North American operations
The appointment of Chad Marquardt comes as the organic and natural food company looks to improve operations in the region responsible for nearly 60% of its business.
By Christopher Doering • March 18, 2024 -
Courtesy of BodyArmor Sports Nutrition
Why hydration drinks are quenching the beverage industry’s thirst for product growth
Offerings like Waterdrop, Electrolit and BodyArmor’s Flash I.V. are building a powerful and trendy product category that sits between water, soda, sports and energy drinks.
By Chris Casey • March 18, 2024 -
Courtesy of Keurig Dr Pepper
Keurig brewing up compostable K-Rounds as alternative to plastic coffee pods
The company is still in the process of testing the rounds and certifying them as compostable. Keurig also plans to launch a mail-back program for its polypropylene K-Cups, which are not going away.
By Maria Rachal • March 15, 2024 -
Scott Olson via Getty Images
Marlboro maker Altria sells $2B stake in AB InBev
The sale is the latest headache for the alcohol manufacturer as it attempts to shake off a drop in beer consumption and fallout from a controversial 2023 marketing campaign with a transgender influencer.
By Chris Casey • March 15, 2024 -
Courtesy of Nestlé
Nestlé investors urge food giant to lessen dependence on unhealthy foods
The Lean Cuisine manufacturer disputed many of the claims outlined by the shareholder group and said it was “targeting the wrong company.”
By Christopher Doering • March 14, 2024 -
Christopher Doering/Food Dive
Ingredion prioritizing texture, an ‘underappreciated and not well understood’ trait
CEO Jim Zallie said the ingredients giant is focusing more attention on the attribute that plays a pivotal role in determining a product's mouthfeel, appearance, taste and enjoyability.
By Christopher Doering • March 14, 2024 -
Courtesy of Nestle
ColumnThe Weekly Sip: Pizza and beer in a can? | Kylie Jenner debuts canned cocktails
Nestlé is partnering with Voodoo Ranger on an IPA based on its Tombstone frozen pizza line, and Boston Beer aims to make a splash with another hard tea line following the success of its Twisted Tea.
By Food Dive staff • March 14, 2024 -
Courtesy of Plezi Nutrition
Michelle Obama’s Plezi Nutrition launches fizzy fruit drink aimed at tweens and teens
It’s the second product from the company co-founded by the former first lady that was created to find healthier alternatives for sugary beverages popular with children.
By Christopher Doering • March 12, 2024 -
Courtesy of Jones Soda
Jones Soda makes entry into alcohol
The craft soda brand is partnering with cider maker Rainmaker to take advantage of its existing distribution network of restaurants, bars and liquor stores.
By Chris Casey • March 12, 2024 -
Retrieved from Liquid Death.
Liquid Death valued at $1.4B after latest funding round
The beverage maker, which is reportedly looking to go public this year, said the $67 million in new financing will be used to grow distribution and accelerate product innovation.
By Christopher Doering • March 11, 2024 -
Courtesy of Danone
Danone discontinues 2 plant-based milk options under its Silk and So Delicious brands
The decision to end production of Silk Nextmilk and So Delicious Wondermilk comes as sales in the alternative category fell in 2023 after four straight years of growth.
By Christopher Doering • March 11, 2024 -
Courtesy of Talking Rain
ColumnLeftovers: Starburst explodes into sparkling water | Ritz scores spicy, sweet flavors for March Madness
The Mars candy is the inspiration for Sparkling Ice’s zero-sugar drink, and McCormick & Co.’s cult favorite brand Frank’s RedHot squeezes two sauce lineups into its portfolio.
By Food Dive staff • March 8, 2024 -
Courtesy of Alaska Airlines
ColumnThe Weekly Sip: Alaska Airlines enters beer | Celsius refreshes C-suite
The airline launched an exclusive IPA crafted by Fremont Brewing for its passengers, and Angry Orchard debuted a lighter alternative to its signature hard cider ahead of spring break.
By Food Dive staff • March 7, 2024 -
Courtesy of Clif Bar
Food execs signal a strong appetite for M&A in 2024
As Mondelēz, General Mills and other CPG firms scour the market for deals, high asking prices could remain a sticking point preventing some purchases from taking place.
By Christopher Doering • March 4, 2024 -
Courtesy of Conagra Brands
ColumnLeftovers: Angie’s pops into new Cinnabon popcorn | Goodles goes gluten-free
The Conagra brand's BoomChickaPop gets a cinnamon makeover, while Elmhurst 1925 brews into the coffee category.
By Food Dive staff • March 1, 2024 -
Joe Raedle via Getty Images
Anheuser-Busch avoids strike in deal with union
Though tentative, the agreement would include wage increases and improved benefits to the 5,000 manufacturing workers represented by the Teamsters.
By Chris Casey • Feb. 29, 2024 -
Christopher Doering/Food Dive
Ingredion and CPG firms deepen collaboration to accelerate product development
Jim Zallie, the ingredient supplier’s CEO, said food and beverage companies are placing a greater value on working with his company to drive innovation as product volumes drop.
By Christopher Doering • Feb. 29, 2024 -
Dave Kotinsky via Getty Images
Boston Beer names ex-Nike exec as new CEO
The leadership change comes after the company reported declining revenues and an $18 million loss in its most recent quarter, with slowing sales of Truly hard seltzer and beers like Samuel Adams.
By Chris Casey • Feb. 29, 2024 -
Getty via Getty Images
Consumer group urges Treasury secretary to require nutrition labeling on alcohol
The National Consumers League is asking Janet Yellen to force the bureau that governs the industry to enact rules for nutrition and serving size labeling on alcoholic products by June.
By Chris Casey • Feb. 29, 2024 -
Permission granted by PepsiCo
What’s old is new: Food and beverage brands put a modern spin on retro packaging
Consumer-facing companies are tapping into buyers’ emotions as they redesign logos and packaging.
By Shefali Kapadia • Feb. 28, 2024
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