Beverages: Page 32
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Keurig Dr Pepper to invest $100M in South Carolina coffee facility
The project, which is expected to be completed by 2027, will help the beverage giant expand its coffee roasting and manufacturing capabilities.
By Christopher Doering • Oct. 25, 2023 -
How Gen Z’s ‘promiscuous’ relationship to beverages is changing the industry
As alcohol moderation rises, a desire for drinks to fit a multitude of occasions drive the generation’s purchases, according to experts.
By Chris Casey • Oct. 18, 2023 -
Explore the Trendline➔
Spencer Platt via Getty Images
TrendlineInside the functional beverage frenzy
Major companies like PepsiCo and Monster are adding ingredients to boost emotional or physical wellness as consumers demand more out of their drinks.
By Food Dive staff -
Coca-Cola Company and Pernod Ricard partner on Absolut Vodka with Sprite
The pre-mixed cocktail will be available in regular and Zero Sugar, with the initial launch planned for select European countries in early 2024.
By Christopher Doering • Oct. 17, 2023 -
Ocean Spray targets hiring in tech transformation push
The project seeks to enable IT across the business, according to the beverage maker’s Chief Digital and Technology Officer.
By Lindsey Wilkinson • Oct. 13, 2023 -
Founders Brewing Co. aims to overcome beer saturation using consumer data
As tastes evolve, the Michigan-based brewer is using sales data to help it create unique formulations and one-of-a-kind brews, including the fruity, hoppy varieties in its All Day series.
By Chris Casey • Oct. 13, 2023 -
Sponsored by MycoTechnology
Advancing nutrition, taste and texture in plant-based dairy alternatives
Dairy industry trade bodies and dairy companies are on the offensive. Their target: the nutritional profile of plant-based alternatives.
Oct. 11, 2023 -
PepsiCo monitoring impact of weight loss drugs, but says early impact on sales is ‘negligible’
CEO Ramon Laguarta told analysts there are “a lot of question marks” when it comes to the impact Ozempic and other similar medicines will have on his beverages and snacks business.
By Christopher Doering • Oct. 11, 2023 -
Q&A
Celsius 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 -
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 -
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 -
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 -
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 -
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 -
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 -
Column
Leftovers: 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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
Sponsored by Applied Food Sciences
Growing 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 -
Column
Leftovers: 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