Beverages: Page 27
-
Courtesy of Celsius
Q&ACelsius CEO on keeping a disruptor’s edge and staying focused on Gen Z
The energy drink brand remains committed to the 18-to-24 demographic on an increasingly broad stage that now includes a national MLS sponsorship.
By Peter Adams • Oct. 10, 2023 -
Courtesy of Molson Coors
Molson Coors works with Gen Z to craft fizz-free spiked refreshers
Furthering its portfolio innovation strategy, the beverage giant said it developed Happy Thursday, a non-carbonated offering, with insights from a panel of young consumers.
By Chris Casey • Oct. 9, 2023 -
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 -
Retrieved from The Coca-Cola Company on October 09, 2023
Coca-Cola to sharply cut distribution of Aha sparkling water as sales decline
The company told Food Dive it sees growth potential in the category with its premium brand Topo Chico.
By Chris Casey • Oct. 9, 2023 -
Permission granted by Nestle
Nestlé nutritional insight could soon benefit its iconic food brands
A top executive overseeing its vitamins, minerals and supplements segment said there are opportunities to “complement” other parts of the CPG giant’s $103 billion global business.
By Christopher Doering • Oct. 5, 2023 -
Courtesy of Molson Coors
Molson Coors looks to premium alcohol in pursuit of aggressive sales growth
The beverage giant, which has expanded its portfolio to include whiskey and ready-to-drink tea, is aiming to get one third of its revenue from upscale offerings.
By Chris Casey • Oct. 4, 2023 -
Retrieved from Liquid Death.
Liquid Death hires ex-White Claw executive as its first chief commercial officer
With the water brand reportedly considering an IPO in 2024, Stephen Ballard will be responsible for growing sales by bringing the beverage into new retailers and markets.
By Christopher Doering • Oct. 3, 2023 -
Courtesy of Curaleaf
Inside Curaleaf’s mission to permeate beverage space with cannabis
With its Zero Proof Squeeze line of beverage enhancers, the cannabis maker told Food Dive it is looking to reach the growing number of young consumers who are less interested in traditional drinks.
By Chris Casey • Oct. 2, 2023 -
Justin Sullivan via Getty Images
Nestlé vows to increase sales of healthier foods by 2030
The world’s largest food company said it wants to boost sales of better-for-you products by as much as $27.3 billion by the end of this decade, a 50% increase from 2022.
By Christopher Doering • Sept. 29, 2023 -
Courtesy of Nestle
ColumnLeftovers: Nestlé, Kellogg make waffles and cereal drinkable | Stella Rosa’s ‘swicy’ wine brings the heat
The CPG giants aim to capture the essence of sweet morning staples with Sensations flavored milk products; plant-based brand Tindle enters breakfast with sausage.
By Food Dive staff • Sept. 29, 2023 -
Courtesy of Coca-Cola
Coca-Cola’s Fairlife still sourcing milk from abusive farms, animal rights group claims
The beverage giant disputed the claim from Animal Recovery Mission, saying the two operations and its owner are not suppliers for the dairy product, which has more than $1 billion in annual sales.
By Christopher Doering • Sept. 26, 2023 -
Courtesy of Coca-Cola
Coca-Cola’s BodyArmor launches hydration powders at retail
The product, which is aimed at rapid hydration, is part of the beverage giant’s efforts to make the $1 billion brand a bigger player in larger, faster-growing categories.
By Christopher Doering • Sept. 26, 2023 -
Courtesy of Diageo
Diageo taps former Tyson, Clif Bar exec as North American CEO
Sally Grimes, who led the poultry giant’s $10 billion prepared foods division and led the snacking brand to its nearly $3 billion sale to Mondelēz, joins the Guinness maker as it continues to boost its premium offerings in the U.S.
By Chris Casey • Sept. 22, 2023 -
George Frey via Getty Images
Consumers back diet colas from Coke, PepsiCo despite aspartame’s possible ties to cancer
Since May, consumption intent for top brands in the category grew by 2%, outpacing regular sodas, according to a HundredX survey.
By Christopher Doering • Sept. 21, 2023 -
Joe Raedle via Getty Images
Keurig Dr Pepper names ex-Mondelēz exec Tim Cofer as CEO
He will join the beverage maker as its COO on Nov. 6 before transitioning to the top post in the second quarter of 2024, replacing long-time head Bob Gamgort.
By Christopher Doering • Sept. 20, 2023 -
Pierre Crom via Getty Images
Dairy industry teams with cybersecurity group to beef up defenses
As cyber crimes become more prevalent, the International Dairy Foods Association joins other food companies in efforts to share information and bolster protections.
By Nathan Owens • Sept. 19, 2023 -
Courtesy of Chamberlain Coffee
How Chamberlain Coffee aims for broad appeal while catering to Gen Z
The viral brand, launched online in 2020 by YouTube star Emma Chamberlain, has expanded into retail while touting attributes popular across generations, such as accessibility and sustainability.
By Chris Casey • Sept. 18, 2023 -
Adobe Stock
Sponsored by Applied Food SciencesGrowing demand for nootropics and “wholesome” energy
Explore the growing demand for nootropic products, and learn about a newer botanical ingredient called guayusa.
By Alex Bloom • Sept. 18, 2023 -
Courtesy of Kellogg
ColumnLeftovers: Pop-Tarts flips for pancakes | Somos debuts ready-made burrito kits
The Kellogg-owned brand is fulfilling breakfast cravings with its latest toaster treat flavor, and Kentucky Coffee is entering the RTD cocktail category with three flavors of whiskey-infused Hard Cold Brew.
By Food Dive staff • Sept. 15, 2023 -
Getty Images
At-home consumption, ready-to-drink momentum driving canned beverage trends
“The industry really is different than what it was just a few years ago. We’re seeing a difference in how consumers are behaving,” said one leader at Crown Holdings.
By Maria Rachal • Sept. 14, 2023 -
Courtesy of Bacardi
Bacardi buys Ilegal to capture premium mezcal market
The liquor giant’s acquisition of the beverage brand comes amid growing interest in premium agave-based spirits.
By Chris Casey • Sept. 14, 2023 -
Courtesy of BioSteel
Canopy Growth’s BioSteel sports drink files for bankruptcy as cannabis firm looks to save cash
While the beverage has been growing rapidly and remains “an attractive asset,” Canopy’s CEO said it does not align with his business’ asset-light strategy.
By Christopher Doering • Sept. 14, 2023 -
Permission granted by Hain Celestial
Hain Celestial to restructure business to boost growth, generate millions in savings
The changes mark the first major shakeup to the organic and natural products maker since CPG veteran Wendy Davidson took the helm as CEO in January.
By Christopher Doering • Sept. 14, 2023 -
Courtesy of Molson Coors
Molson Coors boosts its investment in Zoa Energy
The two companies partnered in 2021 following the launch of Dwayne “the Rock” Johnson’s co-founded energy drink brand.
By Chris Casey • Sept. 12, 2023 -
Courtesy of Coca-Cola
Coca-Cola launches beverage created with the help of artificial intelligence
Coca-Cola Y3000 is the latest flavor to launch under the company’s Creations platform designed to highlight its signature soda while drawing in younger consumers.
By Christopher Doering • Sept. 12, 2023 -
Retrieved from BodyArmor.
Coca-Cola to sell BodyArmor outside the US for the first time
The sports drink’s CEO said the launch of the beverage in Canada in 2024 is “just the start of our expansion to new countries and consumers.”
By Christopher Doering • Sept. 7, 2023
Previous
