Beverages: Page 31
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Oatly to boost its president to CEO
Jean-Christophe Flatin will take the helm at the Swedish oat milk company on June 1, while current leader Toni Petersson will transition to co-chairperson of the board of directors.
By Megan Poinski • May 9, 2023 -
Column
Leftovers: Miller High Life infuses beer into chocolate; Twisted Tea blasts off with a popsicle-inspired drink
The Molson Coors-owned brand and chocolatier Phillip Ashley mix the brew into Bar Snack Truffles, and allergy-friendly brand Partake brings a campfire treat to s’more consumers.
By Food Dive staff • May 5, 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 -
How Better Juice and Louis Dreyfus Company use science to cut sugar in beverages
The two businesses have developed enzymatic processes that turn natural sugars into beneficial nutrients — and, they say, keep drinks sweet.
By Megan Poinski • May 4, 2023 -
Michelle Obama launches healthier food and beverage company aimed at children
Plezi Nutrition's first drink has 75% less sugar than average leading fruit juices, no added sugar, plus fiber and nutrients. The startup plans to expand into additional products.
By Christopher Doering • May 4, 2023 -
Nestlé ponders the future of New Jersey instant coffee plant with 227 workers
A spokesperson with the CPG giant said the facility, which opened in 1948, “is limited based on its age, flexibility and ability to meet growing consumer demand in a cost-effective way.”
By Christopher Doering • May 3, 2023 -
Absolut and Ocean Spray partner to release RTD drink in 2024
The cranberry juice maker is the latest nonalcoholic firm to enter the category through a partnership with a booze maker, joining Coca-Cola, PepsiCo and Vita Coco.
By Christopher Doering • May 2, 2023 -
Column
Leftovers: Kellogg chills out with Icee cereal; Boston Beer signs up for signature cocktails
The breakfast giant’s new collaboration features flavors inspired by the slushie, and marshmallow brand Stuffed Puffs makes its way into the dessert aisle with ice cream products made by Blue Bunny.
By Food Dive staff • April 21, 2023 -
Coca-Cola, Molson Coors enter hard iced tea with new launch
The beverage, under the Peace Tea line, is the third brand the CPG giants have brought into the alcohol space under a partnership, joining Topo Chico and Simply.
By Christopher Doering • April 18, 2023 -
Coca-Cola’s Topo Chico Sabores launch aims to broaden reach for mineral water brand
The new premium sparkling products made with fruit juice and herbal extracts accelerate efforts by the beverage giant to expand distribution and usage occasions for the fast-growing offering.
By Christopher Doering • April 18, 2023 -
Molson Coors debuts RTD cocktail Topo Chico Spirited
The beverage giant is boosting its media spend as it releases the fourth product in its partnership with Coca-Cola.
By Sara Karlovitch • April 14, 2023 -
Column
Leftovers: Herr’s adds crunch to condiments; Hershey’s Kisses cozy up to chocolate milk
The Pennsylvania-based snack maker debuts Sandwi-chips, featuring flavors like ketchup and mustard, and Diageo’s Captain Morgan embraces Madagascar vanilla for the spiced rum.
By Food Dive Staff • April 14, 2023 -
AB InBev’s Beck’s makes ‘futuristic’ beer using artificial intelligence
The brew, called Beck’s Autonomous, was selected by AI as its favorite among millions of different flavor combinations it generated.
By Christopher Doering • April 13, 2023 -
Plant-based sales hit $8B in 2022
The segment posted 6.6% growth during a year marked by inflation and supply chain upheaval, which the Plant Based Foods Association says proves its staying power.
By Megan Poinski • April 11, 2023 -
Deep Dive
The ambitious plan by Hain Celestial’s new CEO to restore growth and evolve the better-for-you food giant
In her first interview since taking over in January, Wendy Davidson said her strategy at the Greek Gods yogurt and Terra chips maker prioritizes increasing innovation, boosting brand awareness and expanding distribution.
By Christopher Doering • April 11, 2023 -
Milk brand a2 debuts grass-fed varieties
The dairy company is launching an offering it claims contains a higher nutrient profile as sales for grass-fed dairy products grow in popularity with consumers.
By Chris Casey • April 10, 2023 -
GoodBelly maker NextFoods acquires tart cherry beverage Cheribundi
The merger of the gut health probiotic juice brand and the natural sports recovery drink will expand their reach and production, CEO Marcel Bens said.
By Megan Poinski • April 5, 2023 -
Bankrupt Bang likely for sale with Monster the most logical buyer, analyst says
A Stifel research note said Monster is Bang’s largest creditor in bankruptcy and is a co-rights holder to a 5% perpetual royalty/license for use of the trademark.
By Christopher Doering • April 4, 2023 -
Diageo to close Maryland Guinness facility, cut about 100 jobs
The alcohol maker, which opened the location in 2018, said it made the decision to “ensure long term sustainable growth” of its business and to optimize its existing operations.
By Christopher Doering • April 4, 2023 -
4 energy drink trends that promise to keep sales surging
Innovative flavors and healthier options are helping these “affordable luxuries” continue growing even through inflation, experts say.
By Christine Blank • April 3, 2023 -
Molson Coors launches first bourbon brand with Barmen 1873
The spirit, which will be co-displayed with the company’s Coors Banquet in some locations, further broadens the company’s portfolio to include other beverages beyond beer amid a change in consumer tastes.
By Christopher Doering • April 3, 2023 -
Pepsi embraces maximalism for first visual overhaul in 14 years
Muted tones are out while electric colors and a new “pulse” motif are in as the brand prepares for its next chapter of digital marketing.
By Peter Adams • March 28, 2023 -
Diageo names its first woman CEO
After 10 years at the helm of the Britain-based global alcohol giant, Ivan Menezes will retire in June. His successor is COO Debra Crew.
By Megan Poinski • March 28, 2023 -
WSWA calls on Congress to legalize cannabis with alcohol-like regulations
State laws about the sale of hard beverages should inform legislation dealing with THC and CBD, the trade group said in a letter to Congress last week.
By Chris Casey • March 27, 2023 -
White Claw enters premium vodka as sales for hard seltzer languish
The beverage manufacturer's venture into spirits comes amid an industrywide wave of new, innovative alcoholic beverages.
By Christopher Doering • March 22, 2023 -
Why Future Farm is getting into plant-based milk and honey
The Brazilian company known for its meat analogs is expanding its platform, making plans to provide varieties of many food items found on the farm.
By Megan Poinski • March 20, 2023