Beverages: Page 2
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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 -
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 -
Trendline
How the beverage category is shifting
The alcohol and beverage segment is shifting significantly, and beverage giants are working to shift their portfolios to remain ahead of the curve.
By Food Dive staff -
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 -
Column
The 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 -
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 -
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 -
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 -
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 -
Column
Leftovers: 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 -
Column
The 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 -
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 -
Column
Leftovers: 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 -
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 -
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 -
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 -
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 -
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 -
Oatly pours into coffee creamer category with new product launch
The oat milk creamers are the latest push from the Swedish brand to connect to a wider net of consumers.
By Elizabeth Flood • Feb. 27, 2024 -
Coca-Cola’s Topo Chico expands into non-alcoholic mixers
The Ginger Beer, Tonic Water and Club Soda offerings further expand the beverage giant’s sparkling mineral water portfolio and bring it closer to becoming a $1 billion brand.
By Christopher Doering • Feb. 27, 2024 -
Why Waterdrop’s CEO sees hydration beverages overtaking soft drinks
Martin Donald Murray said the viral water bottle craze will continue to benefit the company’s “microdrink” given its better-for-you and sustainability benefits.
By Chris Casey • Feb. 27, 2024 -
How PepsiCo, Kellanova adapt their snacks to local tastes around the world
CPG companies have turned to different shapes, textures and flavors, such as Cucumber Lays in China and Tangy Tomato Pringles in India, to appeal to regional preferences.
By Christopher Doering • Feb. 26, 2024 -
Molson Coors continues making beer at striking plant
The beverage giant’s CEO told attendees at a conference Wednesday the company’s contingency plan is allowing it to continue production with the help of salaried employees.
By Chris Casey • Feb. 23, 2024 -
Diageo steers Captain Morgan further into RTD with cocktail launch
The spiced rum brand is launching its first malt-based beverage item as it seeks a greater presence in the growing canned spirits space.
By Chris Casey • Feb. 22, 2024 -
Molson Coors brewery workers strike in Texas
The local Teamsters chapter in Fort Worth is demanding pay raises to account for inflation, as another potential picket line looms over AB InBev.
By Chris Casey • Feb. 21, 2024 -
Coca-Cola tunes into K-pop for latest limited-time launch
The fruit-flavored drink is the 10th under Coke’s Creations platform for younger consumers.
By Christopher Doering • Feb. 20, 2024