Beverages: Page 40
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Courtesy of Givaudan
Givaudan bulks up natural colors business with purchase of DDW
The acquisition marks the latest in a series of deals for the Switzerland-based company as it responds to growing demand for better-for-you offerings.
By Jessi Devenyns • Oct. 14, 2021 -
Retrieved from Vita Coco on September 02, 2020
Keurig Dr Pepper affiliated entity to buy $20M in Vita Coco stock as part of IPO
The soda, water, tea and coffee giant is Vita Coco’s largest distributor customer, accounting for 19% of its total net sales in 2020.
By Christopher Doering • Oct. 13, 2021 -
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 PepsiCo.
PepsiCo debuts Rockstar infused with hemp seed oil nationwide
The functional beverage, which is marketed as a way to encourage relaxation and improve mood, also contains B vitamins, spearmint, lemon balm and caffeine.
By Christopher Doering • Updated Feb. 1, 2022 -
Courtesy of Constellation Brands
Constellation Brands latest to face headwinds in slowing hard seltzer space
The beverage company plans to change the flavor and taste of its Corona Hard Seltzer to "better align" with changing consumer preferences and differentiate itself in a crowded category, according to its CEO.
By Christopher Doering • Oct. 8, 2021 -
Courtesy of Kraft Heinz
ColumnLeftovers: Grey Poupon gets a wine mashup; Old El Paso rolls out Takis-flavored taco shells
Kraft Heinz pairs the tangy flavors of its dijon mustard with a Napa Valley viognier, while Conagra teams up with Little Caesars to bring its ExtraMostBestest Pepperoni Pizza to Bigs sunflower seeds.
By Food Dive staff • Oct. 8, 2021 -
Courtesy of Danone
How Danone deconstructed milk to create a more realistic plant-based option
Executives at the France-based company are optimistic the taste and texture of Silk Nextmilk and So Delicious Wondermilk will convince dairy lovers hesitant to make the switch.
By Christopher Doering • Oct. 7, 2021 -
PepsiCo CFO anticipating continued price hikes due to inflation
Hugh Johnston said the CPG giant has suffered from supply chain constraints, but, because of its advanced planning, is faring "better than most."
By Jane Thier • Oct. 5, 2021 -
Permission granted by Karma Beverages
Karma debuts CBD water distributed by Constellation Brands
The alcohol giant has a minority stake in the enhanced water brand and in Canopy Growth, which provides the hemp-sourced CBD for the beverages.
By Chris Casey • Oct. 5, 2021 -
Courtesy of Living Essentials LLC
5-hour Energy launches full-sized carbonated beverage
The company's 2-ounce energizing shot dominates its category, but the new 16-ounce drinks will have much more competition.
By Jessi Devenyns • Oct. 5, 2021 -
Permission granted by PepsiCo
How PepsiCo is harnessing data to help retailers increase sales
The food and beverage giant's Pepviz platform uses analytics, data science and other tools to ensure a store is carrying the right product mix and optimizing shelf space.
By Christopher Doering • Oct. 4, 2021 -
Justin Sullivan via Getty Images
California beverage makers struggle to meet upcoming recycled content requirements
Bottlers must use at least 15% postconsumer resin in plastic containers by 2022, but a recent CalRecycle report shows major manufacturers like Coca-Cola and Anheuser-Busch are behind.
By Jacob Wallace • Oct. 4, 2021 -
Courtesy of Kellogg
ColumnLeftovers: Pop-Tarts celebrates the Day of the Dead; Blake Lively creates a buzz with nonalcoholic mixers
Kellogg redesigns its toaster pastries and partners with Latino groups to commemorate culture, and Elf on the Shelf slips into the cereal bowl again.
By Food Dive staff • Oct. 1, 2021 -
Christopher Doering/Food Dive
Private label losing ground to name brands, IRI says
Supply chain challenges and consumers flush with cash have benefited national offerings, but inflation and the end of government aid programs could soon help store brands.
By Christopher Doering • Sept. 30, 2021 -
Courtesy of ShineWater
Anheuser-Busch to distribute vitamin D-loaded ShineWater
The beer giant will use its own network to expand the functional drink's availability as consumers latch onto products that do more than provide sustenance or refreshment.
By Christopher Doering • Sept. 27, 2021 -
Joe Raedle via Getty Images
AB InBev CFO: 'You can't hide when a pandemic hits'
“The whole debate over finance and ESG, that you either choose one or the other, is a false dilemma. They go hand in hand,” Fernando Tennenbaum said.
By Jane Thier • Sept. 24, 2021 -
Courtesy of AB InBev
ColumnLeftovers: Bud Light Seltzer falls into seasonal flavors; Hostess gets healthy with Voortman cookies
The AB InBev brand offers a taste of autumn with its new variety pack, and Ben & Jerry's partners with Black-owned businesses to brew up a new flavor.
By Food Dive staff • Sept. 24, 2021 -
Permission granted by Danone
Danone's Evian partners with Loop on water bottle made with recycled plastic
The new packaging continues the brand's sustainability push, while providing validation for the upstart's technology that has drawn skepticism.
By Christopher Doering • Sept. 20, 2021 -
Oxana Denezhkina/Shutterstock
Sponsored by Flavor ProducersTea up new beverage innovations!
Refreshing tea beverages with added complexity is moving up in consumers’ minds thanks to new twists on flavor profiles and functional offerings in the category.
Sept. 20, 2021 -
Courtesy of Jelly Belly
ColumnLeftovers: Jelly Belly chews its way into a new category; Campbell brews up a pretzel-infused beer
The colorful candy brings some of its flavors to a gum, while Reese's sweetens up International Delight's ready-to-drink iced coffee.
By Food Dive staff • Sept. 17, 2021 -
Courtesy of Anheuser-Busch
Stella Artois introduces its first nonalcoholic beer
Liberté is a zero-proof version of the brand's blonde pilsner and is available in select markets, including New York, Washington, D.C., Miami and Philadelphia.
By Jessi Devenyns • Sept. 10, 2021 -
Courtesy of Bushwick Kitchen
ColumnLeftovers: Angry Orchard brings the heat with hot sauce line; Twix shakes things up with new seasoning
The hard cider maker adds its fruity flavors to a line of spicy sauces, while Goldfish brings back the '90s with a Jalapeno Popper flavor paired with "snacking pants" created by iconic superwide jeans maker JNCO.
By Food Dive staff • Sept. 10, 2021 -
Permission granted by Boston Beer
Sam Adams maker launches Nordic-inspired sparkling drink
Boston Beer plans to introduce in November the Bevy Long Drink, a beverage with ties to the national cocktail of Finland.
By Christopher Doering • Sept. 9, 2021 -
Joe Raedle via Getty Images
Anheuser-Busch taps new CMO, adds marketing role in C-suite shuffle
The shakeup sees the brewing company making significant moves toward advancing its consumer-first media strategy.
By Asa Hiken • Sept. 9, 2021 -
Retrieved from Constellation Brands.
AB InBev sues Constellation Brands over move to sell new Mexican beers in US
The suit marks the second between the two companies this year. In February, the global beer giant accused its competitor of violating a brand licensing agreement when it launched Corona Hard Seltzer.
By Christopher Doering • Sept. 2, 2021 -
Courtesy of Voyage Foods
Cacao-free chocolate? Voyage Foods aims to make it a reality
The food tech company is emerging from stealth to bring its reverse-engineered candy, coffee and peanut butter to consumers looking for more sustainable and accessible options.
By Megan Poinski • Sept. 2, 2021
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