Beverages: Page 41
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Home-bound consumers perk up demand for Nestlé's Nespresso
The world's largest packaged food company said the coffee brand, which is posting double-digit annual growth, is benefiting from an e-commerce presence and the shift toward premiumization.
By Christopher Doering • Aug. 31, 2021 -
AB InBev's Natural Light enters vodka category
The brand, which started out in beer 44 years ago, is launching three flavors of the spirit, including Lemonade, Strawberry Lemonade and Black Cherry Lemonade.
By Christopher Doering • Aug. 30, 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 -
Column
Leftovers: PepsiCo gets Flamin' Hot, Captain Morgan seeks treasure in RTD cocktails
The snacks and drinks maker announced a new super-spiced Doritos Dinamita chip and a hot take on Mtn Dew; and Entenmann's baked up a sweet protein powder.
By Food Dive staff • Aug. 27, 2021 -
Chobani launches paper yogurt container as it moves away from plastic
It took the food maker two years to develop the new packaging for its Single-Serve Oat Blend product, which the company could eventually bring to other items in its portfolio.
By Christopher Doering • Aug. 26, 2021 -
Deep Dive
From snack bars to beer, CPGs rethink the art of sampling in a post-COVID world
The pandemic has changed how companies provide a taste of their products to shoppers — a valuable practice that can boost long-term sales for a brand.
By Christopher Doering • Aug. 23, 2021 -
Retrieved from Holdosi from Pixabay on April 23, 2021
Shortages and other challenges across liquor supply chain throw a wrench in summer rebound
"We’re at the mercy of the supply chain," said the CFO of Brown-Forman, the maker of Jack Daniel's and Woodford Reserve.
By A.B. Brown • Aug. 20, 2021 -
Column
Leftovers: Nestlé's Lean Cuisine gets a low-carb makeover; Mtn Dew Spark makes a return
The frozen meal brand adds cauliflower-based pasta and oven-fried chicken to its lineup, and Kellogg's Eggo embraces emoticons.
By Food Dive staff • Aug. 20, 2021 -
PepsiCo aims to replenish more water than it consumes by 2030
The snack and beverage maker said the stringent water-use-efficiency standards would cover more than 1,000 global facilities, saving over 11 billion liters annually.
By Christopher Doering • Aug. 19, 2021 -
Keurig Dr Pepper launches Pepper Perks loyalty program
The soda giant is aiming to secure brand loyalty among its core consumers by rewarding them with a limited-edition chocolate flavor.
By Chris Casey • Aug. 18, 2021 -
Former Essentia investor acquires controlling stake in kombucha brand Health-Ade
Jack Belsito, managing partner of First Bev, will assume the role of CEO at the beverage brand while the co-founders will go on to fill other roles. Terms of the deal were not announced.
By Jessi Devenyns • Aug. 18, 2021 -
Beyond Meat files for trademark on Beyond Milk name
The document filed with the U.S. government said the patent would cover "making milk shakes; coffee or tea beverages with milk or milk substitutes."
By Christopher Doering • Aug. 17, 2021 -
Deep Dive
Has the hard seltzer bubble popped? Analysts and beer makers say not so fast
Despite the abrupt warning by Truly maker Boston Beer in July that it overestimated demand, many predict further growth in the category and a few major players to eventually dominate.
By Christopher Doering • Aug. 16, 2021 -
Retrieved from Amazon.
Vita Coco parent enters new functional beverage segment with Pwr Lift protein water
All Market is soft-launching its new zero-sugar beverage on Amazon just weeks after reports of an upcoming IPO.
By Jessi Devenyns • Aug. 15, 2021 -
Coca-Cola closing pair of bottling plants affecting nearly 500 workers
The decision to shutter the facilities, expected in 2023, comes as the beverage giant says it is repositioning its portfolio to better respond to changing consumer tastes.
By Christopher Doering • Aug. 10, 2021 -
PepsiCo and Boston Beer's Hard Mtn Dew to hit stores in February
The beverage, which contains 100 calories and has 5% alcohol by volume, will be available in a limited number of states.
By Christopher Doering • Updated Jan. 31, 2022 -
Super Coffee parent company raises $106M to continue expansion
The funding round, led by Durable Capital Partners and with participation from leaders from Boston Beer and Schnuck Markets, brings the startup's valuation to more than $500 million, Bloomberg reports.
By Jessi Devenyns • Updated Dec. 6, 2021 -
Why Molson Coors is betting on special occasions as drinking habits evolve
After cutting 11 brands from its economy portfolio, the beverage giant is focusing its marketing on relevant moments to drive its more premium products.
By Asa Hiken • Aug. 6, 2021 -
Molson Coors launches ultra-premium whiskey brand
Five Trail, a blend of Colorado single-malt whiskey made with Coors malts and three bourbons, is the company's first foray into spirits and will hit shelves in some states next month.
By Megan Poinski • Aug. 4, 2021 -
Retrieved from Danone.
Danone prepares 'plant-based 2.0' platform
The food giant is making taste and texture improvements to its oat, almond and soy milks, with new U.S. launches for Silk and So Delicious set for the second half of 2021.
By Samantha Oller • Aug. 3, 2021 -
PepsiCo to sell Tropicana, other juice brands for $3.3B
Private equity firm PAI Partners is picking up the well known names, and the soda company will retain a minority stake in the business.
By Megan Poinski • Updated Aug. 3, 2021 -
Sponsored by Faravelli
FiberJuice real fruit juice powders
Eliminate the fiber, sugar, and weight management concerns surrounding fruit and vegetable juices.
Aug. 2, 2021 -
Molson Coors to sunset 11 economy brands
CEO Gavin Hattersley said the legacy alcohol company is moving toward more premiumization — his latest strategy to increase its sales and outlook.
By Megan Poinski • July 30, 2021 -
Surge in coffee prices to a multi-year high could impact major CPGs
Lower output of the commodity following frost in Brazil may squeeze manufacturers of the beverage, including Nestlé, J.M. Smucker and Coca-Cola.
By Lauren Manning • July 29, 2021 -
Fresh off its IPO, stevia-sweetened soda maker Zevia aims for beverage dominance
CEO Paddy Spence said his company, which competes against Coca-Cola, PepsiCo, LaCroix and Monster, is considering entering coffee and sports drinks.
By Christopher Doering • July 28, 2021 -
Deep Dive
The thrill-seeking, concert-loving CEO behind Hain's rapid turnaround
Mark Schiller, whose rare blend of humor and business savvy played a part in reviving brands at PepsiCo and Pinnacle Foods, is immersed in his biggest challenge yet: Hain Celestial.
By Christopher Doering • July 27, 2021