Beverages: Page 38

  • Boston Beer, Truly
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    Courtesy of Boston Beer
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    Boston Beer refreshes Truly as hard seltzer enters ‘post-hype era’

    As the peak season approaches for the alcohol offering, the company is rolling out new packaging and clearer messaging to help its brand stand out.

    By • Feb. 16, 2023
  • Bodyarmor, coca-cola, sports drink
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    Retrieved from BodyArmor.
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    Coca-Cola struggles to integrate $5.6B purchase of BodyArmor

    The purchase of the sports drink, the largest in the company’s history, led to more “disruption in the short-term” than expected, CEO James Quincey said, but he remains optimistic about the brand’s future.

    By • Feb. 15, 2023
  • Cans of Poppi soda are displayed on a shelf Explore the Trendline➔
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    Spencer Platt via Getty Images
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    Trendline

    Inside 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
  • Inside a grocery store, a grocery shopper browses the meat selection where a "low price" sign hangs.
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    Brandon Bell via Getty Images
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    Food inflation to remain volatile despite recent improvements, trade group says

    While prices in January increased 11.3% compared to the same month a year earlier, the annual rate was the lowest since April, according to the government — a sign the surge in grocery costs could be moderating.

    By • Feb. 14, 2023
  • Guinness
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    Courtesy of Guinness
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    No- and low-alcohol category tops $11B in 2022 with growth accelerating, IWSR says

    The data firm said the segment is forecast to post a CAGR topping 7% through 2026, compared to greater than 5% from 2018 to 2022.

    By • Feb. 14, 2023
  • Coca-Cola
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    Courtesy of Coca-Cola
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    Coca-Cola debuts ‘transformation-flavored’ soda in its latest limited-time offering

    Move, part of its Creations platform, doesn’t promote a flavor, such as cherry or vanilla, but rather a mood.

    By • Feb. 13, 2023
  • Open cans of Zero Sugar Dr Pepper Strawberries & Cream and Dr Pepper Strawberries & Cream on a burgundy background
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    Courtesy of Keurig Dr Pepper
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    Column

    Leftovers: Dr Pepper adds strawberries and cream; Social Brew flips into pancakes with a purpose

    The beverage maker brings the fruity flavor to its latest product, and Nyak Cognac debuts two new flavors in collaboration with rapper Trina.

    By Food Dive staff • Feb. 10, 2023
  • J&J Snack Foods' frozen beverage business, which includes ICEE products, was not affected by ERP conversion issues.
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    "ICEE" by Steve Snodgrass is licensed under CC BY 2.0
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    J&J Snack Foods to add 3 new distribution centers in bid to simplify network

    The snack maker says the new facilities will boost efficiencies by reducing party logistics locations.

    By Kate Magill • Feb. 8, 2023
  • PepsiCo, Frito-Lay
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    Christopher Doering/Food Dive
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    Inside PepsiCo’s strategy to grow its iconic $21B snacking portfolio

    Parth Raval, the division's chief growth officer, said the CPG giant is exploring different ingredients, packaging formats and flavor offerings to strengthen its dominant presence in the category.

    By • Feb. 7, 2023
  • A bottle of D'Usse cognac sits on an old wooden bar next to a gold-rimmed old fashioned glass and cocktail glass, both which have the gold D'Usse cross. A small white box is next to the bottle.
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    Jerritt Clark via Getty Images
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    Bacardi buys majority of Jay-Z’s cognac brand, ending legal battle

    The entertainer and businessman created D’Ussé with the alcohol maker, but filed a series of lawsuits challenging the company’s valuation of his share.

    By • Feb. 6, 2023
  • Horizon Organic, Danone
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    Retrieved from Danone.
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    Danone exploring options, including a sale, for US organic dairy business

    The review includes the Horizon Organic and Wallaby brands, which represent 3% of the company’s global revenues and have been a drag on growth and margins.

    By • Jan. 30, 2023
  • chili beer hormel super bowl
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    Courtesy of Hormel Foods
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    Column

    Leftovers: Hormel brings chili cheese beer to the Super Bowl party; Dolly Parton adds to her baking line

    The craft lager made in partnership with Modist Brewing Co has a “chip-like” base, spices and cheese powder; and Sara Lee mixes vegetables into white bread.

    By Food Dive staff • Jan. 27, 2023
  • simply, mixer, coca-cola
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    Courtesy of Coca-Cola
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    Coca-Cola extends its Simply juice brand into mixers

    Simply Mixology joins similar offerings from PepsiCo and Keurig Dr Pepper as nonalcoholic beverage companies make inroads into alcohol mixers and mocktails.

    By • Jan. 27, 2023
  • Vita Coco
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    Permission granted by Vita Coco
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    Vita Coco’s reinvention: How reassessing its customer base is paying off

    The New York company has watched its sales and marketing soar as consumers gravitate toward its better-for-you offering and industry giants such as Coca-Cola exit the category.

    By • Jan. 25, 2023
  • Danone
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    Courtesy of Danone
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    Danone names 3 deputy CEOs to head top divisions

    The restructuring will help the yogurt and water maker improve its decision-making, execution and growth, the company said. The executives will report to CEO Antoine de Saint-Affrique.

    By • Jan. 20, 2023
  • Nestle, carnation breakfast essentials
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    Courtesy of Nestlé
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    Nestlé invests $43M in Wisconsin factory expansion

    The CPG giant will increase capacity for its Boost and Carnation Breakfast Essentials drinks, and the zero waste-to-landfill facility will have several energy, water and waste saving features.

    By • Jan. 18, 2023
  • Vita Coco
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    Permission granted by Vita Coco
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    Deep Dive

    Here’s how CPGs are bracing for more volatility in 2023

    After a year of inflation, war and supply chain disruptions, companies are taking steps to prepare their operations to weather a period of prolonged uncertainty.

    By • Jan. 17, 2023
  • PepsiCo, no sugar, soda
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    Permission granted by PepsiCo
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    PepsiCo overhauls recipe for its Zero Sugar cola

    The change, which creates a drink the company says more closely mirrors its namesake beverage, could help it gain ground on Coca-Cola's Zero Sugar offering.

    By • Jan. 17, 2023
  • Molson Coors Roxie
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    Courtesy of Molson Coors
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    Molson Coors debuts nonalcoholic RTD cocktail line

    The company is only selling its Roxie drinks online to test the waters and see how they perform.

    By • Jan. 13, 2023
  • A hand pours wine at a lively dinner
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    Photo by Askar Abayev on Pexels

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    Dry January participation dips, survey finds

    Three-fourths of those choosing to abstain from alcohol for the first month of the year mentioned cost savings as a significant factor in their decision, Morning Consult found.

    By • Jan. 12, 2023
  • richard's rainwater, bottle, water
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    Permission granted by Richard's Rainwater
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    From cloud to bottle: Richard’s Rainwater turns to raindrops for a sustainable beverage

    The company forecasts sales to top $10 million in 2023, and has benefited from growing demand for earth-friendly products and recent water quality concerns.

    By • Jan. 12, 2023
  • corona
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    Courtesy of Rio Tinto
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    Constellation Brands warns of consumer sensitivity to price increases

    CEO Bill Newlands said his company plans "more muted" hikes after prior ones slowed sales growth.

    By • Jan. 10, 2023
  • A person carrying a tote bag looks at items on a grocery store shelf
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    Brandon Bell via Getty Images
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    Deep Dive

    7 trends shaping food and beverage in 2023

    The year begins with a new focus on giving consumers what they want, from RTD cocktails to tech-enabled products to sustainability to better labeling.

    By , , • Jan. 10, 2023
  • starry soda pepsico
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    Courtesy of PepsiCo
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    PepsiCo sets its sights on Gen Z with Starry, a Sprite competitor

    After dwindling sales of Sierra Mist, the beverage giant is pitching its latest offering as a “fun escape” for young consumers.

    By • Jan. 9, 2023
  • Kind granola clusters
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    Permission granted by Kind
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    Column

    Leftovers: Kind softens its approach to granola; Hippeas takes on Doritos

    The Mars-owned snacking brand’s new launch brings a chewier texture to its classic offering, and Rasa taps into adaptogens for new brews.

    By Food Dive staff • Jan. 6, 2023
  • Shelf tag for plant-based milk at a Giant Food in Washington, D.C.
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    Catherine Douglas Moran/Food Dive
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    Oatly sells some manufacturing capacity to co-packer Ya YA Foods for $98.1M

    After a year plagued with production problems, the publicly traded company will focus on its proprietary oat base, while the Canadian co-manufacturer will take over its Utah and Texas plants.

    By • Jan. 4, 2023