Beverages: Page 2
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American Beverage names veteran insider as new CEO
Kevin Keane has served in the role on an interim basis for the trade group, which represents Coca-Cola, PepsiCo and other beverage companies.
By Christopher Doering • Aug. 21, 2023 -
How Unilever’s Liquid I.V. is quenching a rise in thirst for hydration drinks
An executive with the electrolyte mix explained why the brand is launching new items with better-for-you attributes — and how its product line could evolve.
By Chris Casey • Aug. 17, 2023 -
Explore the Trendline➔
Courtesy of InstacartTrendlineTop 5 stories from Food Dive
So far, it’s been a challenging year for many CPG companies with lingering supply chain issues, inflation worries and a slowdown in investments by venture capital firms.
By Food Dive staff -
Gen Z’s complicated relationship with food comes down to taste, affordability
Ketchum research found while sustainability, animal welfare and LGBTQ rights are important factors for these consumers, they are not significant purchase drivers.
By Christopher Doering • Aug. 16, 2023 -
Sponsored by Flavor Producers
A non-alcoholic revolution
The sustained upward momentum in alcohol alternative beverages is revolutionizing the beverage industry.
By Simon O’Brien • Aug. 14, 2023 -
Flavor and ingredients provider IFF struggles as consumers cut back on spending
The company slashed its outlook and said volumes are not expected to recover in the second half of the year.
By Christopher Doering • Aug. 10, 2023 -
Food bankruptcies surging as companies struggle with shift in consumer habits, access to cash
Tattooed Chef and Do Good Foods are just two of the highest-profile firms to file in 2023, with analysts predicting further bankruptcies in plant based, sustainability and alternative agriculture.
By Christopher Doering • Aug. 9, 2023 -
Retrieved from Anheuser-Busch.
Anheuser-Busch to sell 8 beer and beverage brands to pot company Tilray
The purchase for an undisclosed amount will elevate the Canadian firm to the fifth largest craft beer player in the U.S with brews such as Shock Top and Redhook.
By Christopher Doering • Aug. 8, 2023 -
Molson Coors expands further into bourbon with Blue Run Spirits acquisition
The deal, the beverage company’s first in the spirits space, is part of an aggressive multi-year effort to expand into other categories beyond beer.
By Chris Casey • Aug. 8, 2023 -
Beer controversy exacerbates 16% drag in Ardagh’s North American glass shipments
The company is progressing on a planned 15% net reduction in North American glass capacity amid market factors such as lower beer demand, including at customer AB InBev’s brand Bud Light.
By Maria Rachal • Aug. 2, 2023 -
Anheuser-Busch lays off hundreds of corporate employees
The job cuts follow months of declining sales for Bud Light, which was dethroned as the best-selling beer in the country after the controversy involving Dylan Mulvaney.
By Chris Casey • July 27, 2023 -
Kraft Heinz’s Maxwell House launches its first innovation in nearly a decade
The coffee brand’s Iced Latte with Foam, which is made by mixing together one of its packets with iced water, is aimed at consumers who want the premium beverage but also want to save time and money.
By Christopher Doering • July 26, 2023 -
How craft beer saturation led to Anchor Brewing’s demise
The oldest brewery in the U.S. fell victim to a crowded market and high costs as it tried to remain relevant to younger consumers, a Marcum executive told Food Dive.
By Chris Casey • July 25, 2023 -
With Coca-Cola and Nestlé dominating sparkling water, Mineragua finds its niche
The beverage, which competes with Topo Chico, San Pellegrino and other brands, has benefited as consumers gravitate toward better-for-you offerings while still wanting fizz.
By Christopher Doering • July 24, 2023 -
Retrieved from La Colombe.
Keurig Dr Pepper pays $300M for 33% stake in La Colombe, strikes licensing deal
The beverage giant has been deepening its ties to fast-growing companies with a presence in premium and trendy offerings, having previously invested in Athletic Brewing and C4 Energy drink maker Nutrabolt.
By Christopher Doering • July 20, 2023 -
Nestlé debuts ‘breakthrough’ technology that reduces sugars in key ingredients
The CPG giant said it developed an enzymatic process that cuts intrinsic levels of the sweetener in ingredients such as malt, milk and fruit juices by up to 30%, with a minimal impact on taste and texture.
By Christopher Doering • July 20, 2023 -
Jim Beam owner names former Kraft, P&G executive as CEO
Greg Hughes, who has been at Beam Suntory since 2015 and most recently was responsible for growing the company’s brands and portfolio, will take over the top spot from Albert Baladi on Oct. 1.
By Christopher Doering • July 19, 2023 -
Coca-Cola, PepsiCo sales likely to withstand WHO aspartame cancer ruling
The beverage giants have large stakes in the sugar-free space with popular offerings such as Coke Zero, Diet Coke, Pepsi Zero Sugar and Diet Pepsi.
By Christopher Doering • July 17, 2023 -
Column
Leftovers: Hostess combines Ding Dongs and Twinkies | Harpoon debuts THC-based beverage
The snack maker is fusing two of its most popular items, and Carbone is spicing up its pasta sauce line with an offering based on a popular dish from its New York City restaurant.
By Food Dive staff • July 14, 2023 -
Aspartame may cause cancer, but is safe within specific limits - WHO says
Conflicting information from two groups at the health organization is likely to sow further confusion over whether it’s safe to consume the sugar alternative used in about 6,000 products globally.
By Christopher Doering • July 14, 2023 -
Coca-Cola, 8 bottlers form $137.7M venture capital fund focusing on sustainability investments
Each of the nine entities, including the beverage giant, contributed about $15 million to the initiative. It will focus on five areas, including packaging, distribution and supply chain.
By Christopher Doering • July 12, 2023 -
Traceability company Oritain raises $57M to spur growth
Food and beverage producers, such as A2 Milk and Nestlé’s Nescafe, depend on the firm to assure customers that the items they purchase are genuine and sourced ethically.
By Christopher Doering • July 12, 2023 -
Oatly taps Mars alum for CFO
Marie-Jose David comes to the financial helm of the oat milk maker as the company looks to get “aggressive” this year.
By Elizabeth Flood • July 10, 2023 -
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 -
Column
Leftovers: 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 -
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