Beverages: Page 35
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Christopher Doering/Food Dive
Consumers trust food brands, but are not loyal: study
Morning Consult noted more than one in three people said they have changed to another product when their faith waned — more than any other category.
By Christopher Doering • June 15, 2022 -
Courtesy of Coca-Cola
Coca-Cola partners with Brown-Forman to launch Jack Daniel's RTD cocktail
The beverage, which marks the soda giant’s fourth alcoholic offering, will be sold around the world. The initial rollout is planned for Mexico in late 2022.
By Christopher Doering • June 13, 2022 -
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 -
Courtesy of Danone
Danone's venture arm invests in oat milk maker Minor Figures
The minority stake will allow the upstart to expedite its global footprint while enabling the CPG giant to deepen its presence in the fast-growing plant-based beverage subcategory.
By Christopher Doering • June 13, 2022 -
Permission granted by Eat the Change
Honest co-founder downplays potential of legal action from Coca-Cola in new tea launch
Seth Goldman said initial varieties of his beverage will “very closely mimic” the brand he sold to the CPG giant, which is being discontinued.
By Christopher Doering • June 9, 2022 -
Courtesy of Truly Hard Seltzer
Beverages dominate 2021's top new products, IRI says
Hard seltzers, caffeinated waters and plant-based dairy earned some of the highest sales in the firm's annual Pacesetters report, but supply chain and inflationary pressures could complicate future growth.
By Samantha Oller • June 9, 2022 -
Permission granted by Eat the Change
Jilted by Coca-Cola, Honest co-founder plans new RTD tea launch
Just two weeks after the beverage giant announced it would discontinue the line in 2022, Seth Goldman said his yet-to-be named drink would have the same values and similar recipes.
By Christopher Doering • June 6, 2022 -
Justin Sullivan via Getty Images
Monster leans on US can sourcing to lower freight costs
The beverage maker imported more of the packaging last year to meet demand, but it came at a price.
By Alejandra Carranza • June 6, 2022 -
Courtesy of Molson Coors
Molson Coors is spending $65M to bring more hard seltzer packaging in-house
The producer of Topo Chico Hard Seltzer and Vizzy said the investment in a new Texas warehouse will alleviate shipping costs and improve its time to market while helping grow its beyond-beer offerings.
By Christopher Doering • June 6, 2022 -
Courtesy of The Vita Coco Company
Leftovers: Vita Coco splashes into juice; Miller Lite grills up beer-infused charcoal
The coconut water brand debuts a new beverage touting better-for-you attributes, while Strive harnesses Perfect Day's animal-free proteins for a line of plant-based milks.
By Food Dive staff • June 3, 2022 -
Courtesy of Joywell Foods
Joywell Foods nets $25M from Kraft Heinz VC and others for sweet protein commercialization
The company, which uses fermentation to create substances found in super sweet African fruits, is working toward bringing a line of beverages to market.
By Megan Poinski • June 2, 2022 -
Christopher Doering/Food Dive
Beer drinkers clinging to higher-priced brews as inflation rages, Molson Coors CEO says
In an interview, Gavin Hattersley said price increases for the alcoholic beverage are trailing those hitting gas and other food categories, making it an affordable offering for many people.
By Christopher Doering • June 2, 2022 -
Christopher Doering/Food Dive
5 attention-grabbing products from the 25th Sweets & Snacks Expo
Hidden among the close to 700 exhibitors and 4.5 acres of candy and snack innovation were offerings including Toxic Waste treats, tomato jerky and Dippin' Dots-like coffee.
By Christopher Doering • June 1, 2022 -
Courtesy of Mondelez International
ColumnLeftovers: Oreo's new cookie puts on the Ritz; Driscoll's gives strawberries a tropical flavor spin
Mondelēz's limited-edition mashup combines its sweet and savory snack brands, and Conagra's Swiss Miss mixes in General Mills' Cinnamon Toast Crunch.
By Food Dive staff • May 27, 2022 -
Scott Olson via Getty Images
Oatly selects top candidate for next CEO, WSJ reports
Incoming president Jean-Christophe Flatin is likely in line to replace Toni Petersson, who has led the oat milk giant since 2012, sources told the publication.
By Samantha Oller • May 25, 2022 -
Coca-Cola to discontinue its Honest teas line in late 2022
The company plans to continue producing the "quickly growing" Honest Kids juice offering while prioritizing the expansion of its Gold Peak and Peace Tea brands.
By Christopher Doering • May 24, 2022 -
Courtesy of Boston Beer
Boston Beer moves into cannabis-infused iced teas
Each can of TeaPot contains five milligrams of THC and will be available in some Canadian provinces in July.
By Christopher Doering • May 24, 2022 -
Stockah via Getty Images
Deep DiveWhat's standing in the way of a circular food packaging economy?
As CPGs test new bottle and wrapper prototypes and set goals to cut virgin plastic use, critics warn roadblocks could trip up their progress.
By Chris Casey • May 24, 2022 -
Photo Illustration: Shaun Lucas/Industry Dive; Getty Images
Deep DiveTracking sustainable food and beverage packaging innovation
Kraft Heinz has removed the signature plastic ‘shaker’ bag from its Shake ‘N Bake products, which it says will save 900,000 pounds of plastic annually.
Updated Nov. 14, 2022 -
Courtesy of Boston Beer Company
ColumnLeftovers: Dogfish Head brews the 'Turducken of the beer world'; Dole serves up sheet pan dinners
The Boston Beer craft label draws inspiration from five different fermented spirits, and Utz gets nostalgic with pickle and cheese ball flavors for potato chips.
By Food Dive staff • May 20, 2022 -
Permission granted by Tomorrow Farms
Perfect Day proteins power animal-free Bored Cow flavored milk
The product launch is the first from food tech company Tomorrow Farms, which closed an $8.5 million seed round earlier this month.
By Megan Poinski • May 19, 2022 -
Courtesy of Molson Coors
Beer giant Molson Coors taps into plant-based milk
Golden Wing is part of the company's goal to reach $1 billion in revenue by 2023 from its emerging growth division launched three years ago.
By Christopher Doering • May 17, 2022 -
Retrieved from TreeHouse Foods on July 01, 2016
TreeHouse Foods: Inflation is a boon to private label demand
The maker of store-branded products said its offerings are making inroads across multiple retail channels and among consumers in all earnings brackets.
By Christopher Doering • May 10, 2022 -
Courtesy of PepsiCo
ColumnLeftovers: Pure Leaf tea gets sweet on less sugar; Opopop goes global with wasabi-flavored popcorn
The Pepsi Lipton Tea partnership's Lower Sugar line slashes the sweetener while keeping the taste, while Laird Superfood upcycles coffee waste into compostable pods.
By Food Dive staff • May 6, 2022 -
Permission granted by Whole Earth Brands
Whole Earth Brands carves out its sweet spot in alternative sweeteners
The company's portfolio of products like Wholesome and Equal are designed to give consumers more choice and position it to grab a bigger slice of the $100 billion market dominated by sugar.
By Christopher Doering • May 5, 2022 -
Permission granted by Sonoma Brands
Deep DiveLost and found: Brands neglected by large CPGs thrive under new ownership
Krave jerky, Funfetti baking products and Häagen-Dazs are just a few of the lines that have flourished after being divested, with their new owners spending more on marketing, innovation and improving product quality.
By Christopher Doering • May 3, 2022
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