Beverages: Page 45
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Anheuser-Busch invests $100M to upcycle barley used to make beer
The company's subsidiary EverGrain will scale up production of the saved grain on the brewer's St. Louis campus and is currently in discussion with "all the major CPGs" to use it.
By Christopher Doering • April 1, 2021 -
White Claw, a brand built on social buzz, focuses on fans in first global campaign
Improvised moments animate the effort that looks to shore up White Claw's place at the top of an increasingly crowded hard seltzer category.
By Peter Adams • April 1, 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 -
Campbell Soup to sell Plum Organics to Sun-Maid for undisclosed amount
The divestiture marks a further unwinding of some acquisitions made under the CPG giant's prior CEO and will allow it to focus more on its soups, sauces and beverages.
By Christopher Doering • April 1, 2021 -
Not all food categories have post-pandemic staying power, report reveals
While consumers are likely to buy more seafood, soda and wine after the COVID-19 crisis resolves, new data from Numerator finds purchasing habits for alternative meats and yeast may be less permanent.
By Lauren Manning • March 30, 2021 -
Molson Coors incident shines a light on industrial cyberattack vulnerabilities
The international brewery continues to face delays and financial impacts amid a wave of attacks against manufacturing.
By David Jones • March 30, 2021 -
Leftovers: Pepsi turns to Peeps to sweeten limited-edition sodas; Tostitos' latest flavor adds some habanero heat
The soda giant creates a small batch of marshmallow cola using the popular springtime treats, while Unilever uses truffles to add decadence to three new Magnum ice cream flavors.
By Food Dive staff • March 26, 2021 -
From soup to chips, more everyday foods find a place at the table as ingredients
Companies like Campbell Soup and PepsiCo are optimistic that homebound consumers discovering new uses for their products now could become more frequent buyers after the pandemic.
By Christopher Doering • March 25, 2021 -
PepsiCo overhauls Evolve in bid to make plant-based brand a household name
The food and beverage giant, which acquired the maker of bars, shakes and powders from Hormel in 2019, is hopeful new packaging, advertising and flavor profiles will raise brand awareness.
By Christopher Doering • March 24, 2021 -
Column
Leftovers: Pepsi combines cola and mango with newest flavor; Harpoon takes a swing at better-for-you beer
Pepsi debuts its first permanent flavored cola in five years, and LaCroix adds three new "naturally essenced" varieties to its lineup.
By Food Dive staff • March 19, 2021 -
Corona debuts circular packaging made from barley straw
The beer brand's upcycled six-pack cartons will launch in South America in 2021. It hopes to eliminate the need to harvest virgin timber to produce cardboard.
By Lauren Manning • March 18, 2021 -
PepsiCo launches Mtn Dew energy drink amid push into functional offerings
The beverage, which has vitamins, antioxidants and nearly twice the amount of caffeine as a cup of coffee, is being endorsed by NBA superstar LeBron James.
By Christopher Doering • March 18, 2021 -
Chobani reaches distribution deal with PepsiCo for some products ahead of possible IPO
The pilot program in the northeastern U.S. will allow the yogurt maker to tap into PepsiCo's large distribution network while giving the soda and snack giant an early look at products under development.
By Lauren Manning , Christopher Doering • March 18, 2021 -
Spindrift enters the alcoholic beverage space with new hard seltzer
The new brand offers consumers a clean label option — but it has steep competition from established beverage manufacturers in the segment.
By Lauren Manning • March 15, 2021 -
Retrieved from Molson Coors.
Molson Coors 'illegally' touting health attributes of its Vizzy Hard Seltzer, consumer groups say
CSPI and CFA say the beverage maker violates FDA rules that prohibit misleading claims and discourage companies from fortifying alcoholic drinks with vitamins.
By Christopher Doering • March 15, 2021 -
Retrieved from Lone River Ranch Water on March 10, 2021
Diageo acquires maker of premium hard seltzer Lone River Ranch Water
The alcohol beverage giant is pursuing an M&A strategy adding premium brands to its lineup to keep pace with consumers' growing preference for quality offerings.
By Lauren Manning • March 9, 2021 -
Retrieved from Danone.
Danone settles Nestlé suit over packaging design for its Silk creamer
The food giants told a judge they resolved the dispute, according to Bloomberg Law. No details of the agreement were released.
By Christopher Doering • Updated Nov. 16, 2021 -
Target launches grocery brand centered on snacks and sweet treats
Favorite Day, which launches April 5, will include more than 700 products across categories like bakery, candy, ice cream and beverage mixers.
By Catherine Douglas Moran • March 9, 2021 -
Nestlé buys functional beverage maker Essentia Water
The purchase comes just two weeks after the CPG giant sold its North American bottled water business to private equity firms for $4.3 billion to focus on premium offerings in the category. Financial details were not disclosed.
By Christopher Doering • March 5, 2021 -
Canopy Growth to sell CBD-infused sparkling water online in US
The cannabis producer told CNBC it plans to bring the Quatreau brand to store shelves in 2021, though it did not say when the debut would take place.
By Christopher Doering • March 4, 2021 -
Danone board ousts CEO, chairman amid pressure from activists
The immediate departure of Emmanuel Faber comes as critics question the yogurt and bottled water company's strategy and languishing share price.
By Christopher Doering • Updated March 15, 2021 -
Pepsi deploys customized voice-overs to balance personalization, reach in Zero Sugar push
The soda maker is targeting middle-aged men as beverages that eschew the popular sweetener play a bigger role in its growth strategy.
By Peter Adams • March 1, 2021 -
Deep Dive
Let's make a deal: How Nestlé is using M&A and multibillion-dollar divestitures to shape its portfolio
With more than $30 billion in transactions since 2018, the world's largest food company is refocusing its offerings on faster-growing categories popular with consumers.
By Christopher Doering • March 1, 2021 -
Column
Leftovers: What would you do for a Klondike Cone? Cheez-It explodes into a new snack
The Unilever-owned ice cream treat adds two new portable formats, and dairy proteins are used to create a kid-targeted hydration drink.
By Food Dive staff • Feb. 26, 2021 -
PepsiCo launches line of cocktail mixers as drinking at home surges
The nonalcoholic Neon Zebra brand can be used in margaritas, mojitos and other beverages. The offering is the latest drink from the beverage giant targeting new consumption occasions.
By Christopher Doering • Feb. 26, 2021 -
CBA, beverage group among largest donors to campaigns and lobbyists, study finds
Nonprofit organization Feed the Truth said the top 20 food industry trade associations have contributed at least $33.7 million in political donations since 2007 and spent $303.2 million in lobbying since 2008.
By Christopher Doering • Updated Feb. 26, 2021