Beverages: Page 42

  • Hain Celestial
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    Permission granted by Hain Celestial
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    Hain Celestial CEO: Demand for health and wellness products strong despite recent ‘softening’

    Mark Schiller said his company tends to be “the opening price point” for natural and organic, giving consumers brands to turn to even if they decide to trade down.

    By • Aug. 29, 2022
  • A shopper compares two bottles of juice.
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    Getty Images
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    Smaller brands’ path to consumer loyalty lies through differentiation

    Still, despite the need to compete against big brands, NielsenIQ found the pace of innovation is slowing among small and midsize offerings in the U.S.

    By Samantha Oller • Aug. 25, 2022
  • 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
  • Three people hold cans of Celsius
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    Courtesy of Celsius
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    Q&A

    What PepsiCo’s $550M Celsius deal means for the energy drink brand

    Celsius CEO John Fieldly detailed how the investment and distribution agreement could impact the energy drink’s growth potential.

    By Chris Kelly • Aug. 25, 2022
  • Casa Azul, cocktail, canned
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    Courtesy of Casa Azul
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    BodyArmor co-founder launches premium canned cocktail Casa Azul

    Amid soaring demand for on-the-go offerings, the tequila soda from Lance Collins aims to set itself apart from other RTD products by using real spirits instead of malt liquor.

    By • Aug. 23, 2022
  • Coca-Cola
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    Christopher Doering/Food Dive
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    Coca-Cola names new North America division president

    Company veteran Jennifer Mann will take over the post in January from Alfredo Rivera. Currently, she is responsible for scaling acquisitions and brands, including Costa Coffee and Coke’s investment in Monster.

    By • Aug. 23, 2022
  • Redesigned packages of SunOpta's Dream Rice Milk and West Life Soy Milk
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    Permission granted by SunOpta
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    How SunOpta achieved record sales and growth amid inflation

    There are two keys to the success of the plant-based beverage and organic fruit company, CEO Joe Ennen said: execution and a carefully curated portfolio.

    By • Aug. 23, 2022
  • Bang
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    Christopher Doering/Food Dive
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    Keurig Dr Pepper denies reported talks to buy Bang Energy drink owner

    In a statement, the beverage giant said it was “currently not pursuing an acquisition,” but added that M&A and brand/distribution partnerships will remain a key part of its growth strategy. 

    By • Updated Aug. 19, 2022
  • Shopper examines package in a supermarket.
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    Getty Images
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    Consumers mix up tactics to meet food needs amid inflation

    From buying store-brand baking goods to splurging on beer, shoppers aim to satisfy both quantity and quality requirements, according to IRI.

    By Samantha Oller • Aug. 17, 2022
  • Laird Superfood
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    Courtesy of Laird Superfood
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    Plant-based food maker Laird Superfood gets $3 per share takeover offer

    The company said it will review the proposal from EF Hutton SPV I LLC and determine the course of action “that it believes is in the best interests” of its business and shareholders.

    By • Aug. 17, 2022
  • Lots of soda/beer cans in rows
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    LordRunar via Getty Images
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    Ball shutters beverage can plants as alcohol demand declines

    The facilities in Arizona and Minnesota, which have a combined net capacity of nearly 4 billion units, are both set to cease production by spring 2023.

    By Megan Ruggles • Aug. 17, 2022
  • seth goldman, honest tea, eat the change
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    Permission granted by Eat the Change
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    Seth Goldman’s Eat the Change raises $14.5M to help launch Just Ice Tea

    The funding will be used to set up and scale production, with a national brand rollout in some major retailers slated for October. 

    By • Aug. 15, 2022
  • pasta, treehouse
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    Retrieved from TreeHouse Foods.
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    TreeHouse to sell large part of meal prep business for $950M

    The sale to Investindustrial, which comes amid strong demand for store-branded offerings, will simplify the private label maker’s business and allow it to focus on higher-growth and -margin foods.

    By • Aug. 11, 2022
  • Coca-Cola, Dreamworld, soda
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    Courtesy of Coca-Cola
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    Coke to launch Dreamworld cola in latest push to attract younger consumers

    The drink, part of the company’s Creations platform, was introduced to highlight the CPG giant’s signature beverage while allowing consumers to explore “what a dream tastes like.”

    By • Aug. 11, 2022
  • Danone, yogurt, oikos
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    Permission granted by Danone
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    The secret behind Danone’s ‘very recession resilient’ portfolio

    North American CEO Shane Grant said the company will benefit as consumers prioritize essential foods like its creamers, yogurts and plant-based milks.

    By • Aug. 10, 2022
  • Haus, alcohol
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    Courtesy of Haus
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    Aperitif maker Haus to shutter as Constellation reportedly backs out on funding round

    In a tweet, the upstart’s CEO said the three-year-old company is in the process of closing, and without an investor, doesn’t have the cash to support its operations.

    By • Aug. 10, 2022
  • Tazo regenerative tea
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    Courtesy of Tazo
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    Tazo commits to regenerative agriculture with tea relaunch

    The company aims to be carbon-neutral by 2026 through practices like using cover crops and increasing soil biodiversity to grow its ingredients.

    By • Aug. 9, 2022
  • Constellation Brands, Archer Roose
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    Retrieved from Archer Roose.
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    Constellation Brands buys minority stake in canned wine Archer Roose

    The investment comes four months after the alcohol giant bought the remaining stake it didn’t already own in Austin Cocktails. 

    By • Aug. 9, 2022
  • Beer glasses clinking together
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    Justin Sullivan via Getty Images
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    The pandemic upended alcohol consumption. Here’s where it stands.

    New research from IRI suggests at-home drinking has retained its appeal and points to areas of opportunity beverage producers and retailers can tap into to keep the buzz going.

    By Catherine Douglas Moran , Sara Karlovitch • Aug. 9, 2022
  • Twisted Tea, Boston Beer, Beam Suntory, whiskey
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    Courtesy of Boston Beer Company
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    Boston Beer debuts Sweet Tea Whiskey through partnership with Beam Suntory

    The offering, which will be under the Twisted Tea line, is the third launch in the past year between the two partners after Sauza Agave Cocktails and Truly Flavored Vodka.

    By • Aug. 8, 2022
  • Monster
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    Justin Sullivan via Getty Images
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    Monster to debut first flavored malt beverage alcohol product

    While known for energy drinks, the company entered booze earlier this year with the purchase of Canarchy. It currently has a “robust” pipeline to grow in the category, according to its co-CEO.

    By • Aug. 5, 2022
  • A selection of no- and low- calorie sweeteners.
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    Getty Images
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    Use of low-calorie sweeteners in beverages jumped 36% in a decade, research finds

    As CPGs cut sugar in drinks and foods, they are increasingly choosing “non-nutritive” alternatives, but the shift could come at a cost to consumers’ health, scientists warn. 

    By Samantha Oller • Aug. 4, 2022
  • Molson Coors
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    Christopher Doering/Food Dive
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    What 4 beer companies see in consumer drinking habits amid high inflation

    Despite price increases and a jump in the cost of living, not all alcoholic beverage makers find shoppers switching from premium offerings to cheaper economy brands.

    By • Aug. 4, 2022
  • Celsius, energy drink
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    Permission granted by Celsius
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    PepsiCo boosts energy drink presence with $550M investment in Celsius

    The beverage giant, which has an 8.5% stake in the brand with the option to acquire more, will also serve as its preferred distribution partner.

    By Samantha Oller • Aug. 2, 2022
  • Lifeway Foods
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    Retrieved from Lifeway Foods.
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    Lifeway Foods agreement aims to soothe family feud

    Key shareholders seeking the ouster of CEO Julie Smolyansky have dropped a push to nominate new board members after the kefir maker agreed to a strategic review. 

    By Samantha Oller • Aug. 2, 2022
  • A person pours a cocktail from a glass into the new Tito's in a Can product
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    Courtesy of Tito's Handmade Vodka
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    Tito’s vodka spoofs hard seltzer craze by selling empty can

    Rather than enter a crowded market, the Tito’s in a Can novelty product lets consumers make canned cocktails with the brand’s “vodka-flavored vodka.”

    By Chris Kelly • Aug. 2, 2022