Beverages: Page 2
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Brandon Bell via Getty Images
Food inflation to remain volatile despite recent improvements, trade group says
While prices in January increased 11.3% compared to the same month a year earlier, the annual rate was the lowest since April, according to the government — a sign the surge in grocery costs could be moderating.
By Chris Casey • Feb. 14, 2023 -
Courtesy of Guinness
No- and low-alcohol category tops $11B in 2022 with growth accelerating, IWSR says
The data firm said the segment is forecast to post a CAGR topping 7% through 2026, compared to greater than 5% from 2018 to 2022.
By Christopher Doering • Feb. 14, 2023 -
Courtesy of Coca-Cola
Coca-Cola debuts ‘transformation-flavored’ soda in its latest limited-time offering
Move, part of its Creations platform, doesn’t promote a flavor, such as cherry or vanilla, but rather a mood.
By Christopher Doering • Feb. 13, 2023 -
Courtesy of Keurig Dr Pepper
ColumnLeftovers: Dr Pepper adds strawberries and cream; Social Brew flips into pancakes with a purpose
The beverage maker brings the fruity flavor to its latest product, and Nyak Cognac debuts two new flavors in collaboration with rapper Trina.
By Food Dive staff • Feb. 10, 2023 -
J&J Snack Foods to add 3 new distribution centers in bid to simplify network
The snack maker says the new facilities will boost efficiencies by reducing party logistics locations.
By Kate Magill • Feb. 8, 2023 -
Christopher Doering/Food Dive
Inside PepsiCo’s strategy to grow its iconic $21B snacking portfolio
Parth Raval, the division's chief growth officer, said the CPG giant is exploring different ingredients, packaging formats and flavor offerings to strengthen its dominant presence in the category.
By Christopher Doering • Feb. 7, 2023 -
Jerritt Clark via Getty Images
Bacardi buys majority of Jay-Z’s cognac brand, ending legal battle
The entertainer and businessman created D’Ussé with the alcohol maker, but filed a series of lawsuits challenging the company’s valuation of his share.
By Megan Poinski • Feb. 6, 2023 -
Retrieved from Danone.
Danone exploring options, including a sale, for US organic dairy business
The review includes the Horizon Organic and Wallaby brands, which represent 3% of the company’s global revenues and have been a drag on growth and margins.
By Christopher Doering • Jan. 30, 2023 -
Courtesy of Hormel Foods
ColumnLeftovers: Hormel brings chili cheese beer to the Super Bowl party; Dolly Parton adds to her baking line
The craft lager made in partnership with Modist Brewing Co has a “chip-like” base, spices and cheese powder; and Sara Lee mixes vegetables into white bread.
By Food Dive staff • Jan. 27, 2023 -
Courtesy of Coca-Cola
Coca-Cola extends its Simply juice brand into mixers
Simply Mixology joins similar offerings from PepsiCo and Keurig Dr Pepper as nonalcoholic beverage companies make inroads into alcohol mixers and mocktails.
By Christopher Doering • Jan. 27, 2023 -
Permission granted by Vita Coco
Vita Coco’s reinvention: How reassessing its customer base is paying off
The New York company has watched its sales and marketing soar as consumers gravitate toward its better-for-you offering and industry giants such as Coca-Cola exit the category.
By Christopher Doering • Jan. 25, 2023 -
Courtesy of Danone
Danone names 3 deputy CEOs to head top divisions
The restructuring will help the yogurt and water maker improve its decision-making, execution and growth, the company said. The executives will report to CEO Antoine de Saint-Affrique.
By Christopher Doering • Jan. 20, 2023 -
Courtesy of Nestlé
Nestlé invests $43M in Wisconsin factory expansion
The CPG giant will increase capacity for its Boost and Carnation Breakfast Essentials drinks, and the zero waste-to-landfill facility will have several energy, water and waste saving features.
By Chris Casey • Jan. 18, 2023 -
Permission granted by Vita Coco
Deep Dive
Here’s how CPGs are bracing for more volatility in 2023
After a year of inflation, war and supply chain disruptions, companies are taking steps to prepare their operations to weather a period of prolonged uncertainty.
By Christopher Doering • Jan. 17, 2023 -
Permission granted by PepsiCo
PepsiCo overhauls recipe for its Zero Sugar cola
The change, which creates a drink the company says more closely mirrors its namesake beverage, could help it gain ground on Coca-Cola's Zero Sugar offering.
By Christopher Doering • Jan. 17, 2023 -
Courtesy of Molson Coors
Molson Coors debuts nonalcoholic RTD cocktail line
The company is only selling its Roxie drinks online to test the waters and see how they perform.
By Chris Casey • Jan. 13, 2023 -
Permission granted by Richard's Rainwater
From cloud to bottle: Richard’s Rainwater turns to raindrops for a sustainable beverage
The company forecasts sales to top $10 million in 2023, and has benefited from growing demand for earth-friendly products and recent water quality concerns.
By Christopher Doering • Jan. 12, 2023 -
Photo by Askar Abayev on Pexels
Dry January participation dips, survey finds
Three-fourths of those choosing to abstain from alcohol for the first month of the year mentioned cost savings as a significant factor in their decision, Morning Consult found.
By Chris Casey • Jan. 12, 2023 -
Brandon Bell via Getty Images
Deep Dive7 trends shaping food and beverage in 2023
The year begins with a new focus on giving consumers what they want, from RTD cocktails to tech-enabled products to sustainability to better labeling.
By Christopher Doering , Chris Casey , Megan Poinski • Jan. 10, 2023 -
Courtesy of Rio Tinto
Constellation Brands warns of consumer sensitivity to price increases
CEO Bill Newlands said his company plans "more muted" hikes after prior ones slowed sales growth.
By Christopher Doering • Jan. 10, 2023 -
Courtesy of PepsiCo
PepsiCo sets its sights on Gen Z with Starry, a Sprite competitor
After dwindling sales of Sierra Mist, the beverage giant is pitching its latest offering as a “fun escape” for young consumers.
By Chris Casey • Jan. 9, 2023 -
Permission granted by Kind
ColumnLeftovers: Kind softens its approach to granola; Hippeas takes on Doritos
The Mars-owned snacking brand’s new launch brings a chewier texture to its classic offering, and Rasa taps into adaptogens for new brews.
By Food Dive staff • Jan. 6, 2023 -
Catherine Douglas Moran/Food Dive
Oatly sells some manufacturing capacity to co-packer Ya YA Foods for $98.1M
After a year plagued with production problems, the publicly traded company will focus on its proprietary oat base, while the Canadian co-manufacturer will take over its Utah and Texas plants.
By Megan Poinski • Jan. 4, 2023 -
Courtesy of Clif Bar
2022’s top M&A deals in the food and beverage industry
Last year saw companies turn to dealmaking as a way to quickly gain presence in fast-growing categories or strengthen their position in existing ones.
By Christopher Doering • Jan. 3, 2023 -
Courtesy of Kellogg
ColumnLeftovers: New Kellogg treats make winter sweet; Stony Creek and Bigelow tea up new brews
The cereal giant is bringing two indulgent new offerings to breakfast and snack time, and vegan brand GrownAs* debuts mac and cheese with 10 grams of protein per serving.
By Food Dive staff • Dec. 16, 2022
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