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

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Top 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

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

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

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

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

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

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