Why Sommarøy sees promise in lower-alcohol spirits

The Chicago-based startup told Food Dive it sees great potential for its gin and vodka products to fill the gap between nonalcoholic and full-proof spirits.

By Chris Casey • Dec. 20, 2023

Chobani buys coffee roaster La Colombe for $900M

The purchase gives the yogurt giant a presence in the fast-growing RTD category while building on its goal of becoming a more diversified food and beverage company.

By Christopher Doering • Dec. 15, 2023

Explore the 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

Atomo Coffee plots sustainable success with beanless brew

The startup, which pitches its Arabica-free espresso as a more sustainable alternative, said it will use an investment from Suntory Holdings to fuel new product innovation and expand its reach.

By Chris Casey • Dec. 12, 2023

How much do food and beverage CEOs really make?

An SEC rule requires companies to publish changes in stock awards given to executives. In many cases, it means millions more in previously undisclosed compensation. 

By Christopher Doering • Dec. 11, 2023

White Claw enters nonalcoholic category with zero-proof beverage

The leading brand in the hard seltzer space is capitalizing on the growing number of Gen Z consumers abstaining from alcohol with electrolyte-infused, booze-free drinks in four flavors.

By Chris Casey • Dec. 7, 2023

Consumers on weight-loss drugs buying less in certain grocery aisles, study finds

Buy rates are down as much as 20% in some categories, with bakery and snacks among the hardest hit, Numerator found.

By Christopher Doering • Dec. 7, 2023

Beer slump helped by growth in premium offerings, Constellation Brands CFO says

The executive noted consumers are spending more on expensive brews, helping the Modelo and Corona maker gain shelf space.

By Chris Casey • Dec. 6, 2023

Plant-based milk maker Ripple Foods raises another $49M on heels of innovation

The company, which rolled out a new unsweetened kids’ non-dairy milk product in July has $274 million in funding.

By Elizabeth Flood • Dec. 5, 2023

Why Mitra 9 sees itself as the Budweiser of kava, kratom beverages

The brand seeks to capitalize on demand for better-for-you drinks, while targeting the afternoon, when people are looking to relax without the help of booze.

By Chris Casey • Dec. 4, 2023

Holiday beverages: making spirits bright

Unwrap the magic of the season with new holiday beverage creations. Dive into this article and discover festive flavors in every sip.

Dec. 4, 2023

Leftovers: Blue Moon takes on bagels; Fresh Cravings debuts Tajín, pickle hummus flavors

Molson Coors’ beer brand partners with viral brand PopUp Bagels, and Momo Kombucha unveils a hoppy new offering in time for Dry January.

By Food Dive staff • Dec. 1, 2023

Kraft Heinz’s incoming North American president dishes on innovation, M&A

Pedro Navio, who takes over from soon-to-be CEO Carlos Abrams-Rivera, also discussed with Food Dive the biggest challenges and opportunities facing his business.

By Christopher Doering • Nov. 30, 2023

Anheuser-Busch spends $13M to upgrade Georgia brewery

The investment in its Cartersville location will increase the production of its craft offerings and beyond beer portfolio, which includes hard seltzers and canned cocktails.

By Christopher Doering • Nov. 27, 2023

FTC crackdown could change influencer marketing for food and beverages

Warnings from the antitrust division over aspartame have the potential to make social media campaigns more cautious in how they communicate.

By Chris Casey • Nov. 27, 2023

Leftovers: Hidden Valley Ranch doubles down on flavor | My Mochi debuts pickle variety

The Clorox-owned salad dressing brand is adding more spices and herbs in a special X-shaped bottle, and Ojoy unveils a low-alcohol alternative to champagne ahead of the holiday season.

By Food Dive staff • Nov. 22, 2023

Danone’s Horizon Organic suspends use of milk from Texas farm at center of PETA report

The animal rights group released images showing animal suffering and deaths at the operation near Dallas. It urged the USDA to open an investigation.

By Christopher Doering • Nov. 21, 2023

Brown-Forman sells chardonnay maker to Duckhorn for $400M

The luxury wine company said its purchase of Sonoma-Cutrer Vineyards brings a leading brand in the growing chardonnay category to its portfolio.

By Chris Casey • Nov. 20, 2023

Why a Pabst, Diageo veteran and a Grammy-winning band teamed up on hard kombucha

Mate Maker, which is establishing its beverage in California before expanding it nationally, said the product should resonate with consumers willing to try different alcoholic offerings.

By Chris Casey • Nov. 20, 2023

Camel milk grows in popularity as functional ingredients surge in demand

While plant-based options have taken over the dairy aisle in recent years, camel milk may be getting attention from more consumers.

By Elizabeth Flood • Nov. 16, 2023

AB InBev US chief marketing officer to resign as Bud Light woes continue

The alcohol giant’s U.S. chief commercial officer will take over marketing for the beer brand in 2024 as it continues to feel the effects of a boycott.

By Chris Kelly • Nov. 16, 2023

Phreshly’s RTD cocktails target consumers tired of hard seltzers

The brand, which was off the market for more than a year after its 2022 launch, is back with two bourbon and rum-based offerings for adults looking for more mature products.

By Chris Casey • Nov. 15, 2023

PepsiCo sets goals to lower sodium, incorporate more diverse ingredients

The Doritos manufacturer is in “a constant cycle of innovation to reimagine” foods so they are better for consumers without compromising on taste, a top executive said.

By Christopher Doering • Nov. 14, 2023

Beyond pumpkin spice: Innovative flavors to spice up your fall beverage offerings

Fall beverage trends rely on new twists on comforting autumnal favorites like the ones explored in this article.

Nov. 13, 2023

Nestlé invests, partners with food-delivery startup Wonder Group

The investment, reportedly at $100 million, will allow the Stouffer's and Sweet Earth manufacturer to capitalize on the strong recovery in the foodservice channel.

By Christopher Doering • Nov. 8, 2023

PepsiCo CFO Hugh Johnston leaving for Disney

The finance veteran will be replaced by James Caulfield, who has worked at the company for more than 30 years and has been “instrumental” in growing and transforming its business.

By Christopher Doering • Nov. 6, 2023