Beverages: Page 48
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Justin Sullivan via Getty Images
Monster Energy enters alcohol with $330M purchase of Canarchy Craft Brewery
The decision to jump into beer and hard seltzer comes as nonalcoholic beverage companies aim to cover more drinking occasions and spur growth.
By Christopher Doering • Updated Jan. 13, 2022 -
Courtesy of Chobani
Chobani expands fast-growing creamer business with new plant-based offering
The creamers — made from coconut, sunflower and pea protein — complement its other two products in the category made from cream and oats. Sales have grown 120% during the past year.
By Christopher Doering • Updated Jan. 11, 2022 -
Explore the Trendline➔
Spencer Platt via Getty Images
TrendlineInside 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 -
Permission granted by Hain Celestial
Deep DiveCPGs grapple with a murky 2022 outlook as inflation, supply chain weigh on operations
Uncertainty over the severity and permanence of these and other challenges is making it hard for CEOs to determine whether they should make moves such as price increases.
By Christopher Doering • Jan. 11, 2022 -
Courtesy of AB InBev
More consumers try Dry January, but most eschew nonalcoholic options: survey
Nearly half of participants told Morning Consult they still plan to drink some booze this month, despite having even more alcohol-free options from which to choose.
By Samantha Oller • Jan. 11, 2022 -
Courtesy of PepsiCo, Eastside Distilling
ColumnLeftovers: PepsiCo brings potato chips to booze; Truly mixes up its seltzer lineup with margaritas
The snack and beverage giant partners with Eastside Distilling to add Lay's potato flavor to vodka, while Doritos Cool Ranch turns up the heat.
By Food Dive staff • Jan. 7, 2022 -
Retrieved from Coca-Cola.
Coca-Cola and Constellation Brands launch Fresca cocktails
The pre-mixed drinks, which contain real spirits and zero sugar, are available in two varieties: Vodka Spritz and Tequila Paloma.
By Christopher Doering • Updated Sept. 8, 2022 -
Courtesy of Liquid Death
Liquid Death raises $75M in funding round that values water brand at more than $500M
The company, which sources water from the Alps, is introducing flavored varieties with names such as Berry It Alive and Mango Chainsaw.
By Christopher Doering • Jan. 6, 2022 -
Getty Images
Deep Dive6 trends shaping food and beverage growth in 2022
The lingering effects of the pandemic will continue to influence everything from consumers' meal choices to the ability of manufacturers to meet demand.
By Chris Casey , Christopher Doering , Megan Poinski • Jan. 4, 2022 -
IPOs surge to record in 2021 with most issuers hitting target price: EY
Fiscal stimulus, low interest rates and abundant capital are some of the forces driving robust IPO and SPAC deal activity in sectors including food and beverage, the consulting firm said.
By Jim Tyson • Dec. 23, 2021 -
Courtesy of Drinkworks
'Keurig for cocktails' abruptly decides to shutter operations
Drinkworks, a partnership between Anheuser-Busch and Keurig Dr Pepper, had recently expedited its expansion efforts and debuted a new machine. No details on the closure were provided.
By Christopher Doering • Dec. 17, 2021 -
JM Smucker sells juice and grains businesses, and will shut down plant
Nexus Capital Management will buy R.W. Knudsen juices and TruRoots easy-to-cook ancient grains for $110 million, and a Wisconsin facility that makes jams, jellies and ice cream toppings will close its doors in 2022.
By Megan Poinski • Dec. 16, 2021 -
Courtesy of AB InBev
Anheuser-Busch wades into hard soda with new seltzer launch
The offering, which is set to hit shelves in January, further blurs the line between traditional alcohol companies like AB InBev and soda makers like Coca-Cola and PepsiCo.
By Christopher Doering • Dec. 16, 2021 -
Retrieved from Athletic Brewing Company.
A third of consumers plan to avoid alcohol this holiday season, survey finds
As demand rises for low- and no-alcohol products, the category has been inundated with new offerings from brands including Guinness, Heineken and Budweiser.
By Christopher Doering • Dec. 15, 2021 -
Getty Images
As food prices rise, survey finds thresholds where consumers stop buying
Shoppers are willing to stomach higher jumps on lower-cost staples like milk and bread, but may also switch to less expensive brands, according to research from Ingredient Communications.
By Samantha Oller • Dec. 10, 2021 -
Courtesy of BellRing Brands
Post Holdings to spend $86M on new Ohio facility, creating 200 jobs
The plant is expected to manufacture products for Post's majority-owned BellRing Brands, which makes Premier Protein shakes and powders.
By Christopher Doering • Dec. 9, 2021 -
Scott Olson via Getty Images
Oatly plans 3 new facilities by 2023 to combat supply shortages
The oat milk producer looks to self-manufacture as much as 60% of its total volume as it works to build inventory and control costs.
By Sarah Zimmerman • Dec. 7, 2021 -
Getty Images
Deep DiveWhere the dollars go: Lobbying a big business for large food and beverage CPGs
Coca-Cola, PepsiCo, AB InBev and 27 other companies spend close to $40 million a year on issues including trade and taxes in an effort to make their voices heard by lawmakers and regulators.
By Christopher Doering • Dec. 6, 2021 -
Johannes SImon via Getty Images
Beverage makers battle glass shortages as holiday celebrations loom
Supply constraints have manufacturers struggling to hold the line on costs while sourcing packaging for everything from beer and wine to liquor and spirits.
By Samantha Oller • Updated Jan. 18, 2022 -
Justin Sullivan via Getty Images
Pabst names Ferrero executive as its new CEO
Paul Chibe, who will take over for Eugene Kashper on Dec. 1, said the 177-year-old beer maker has "huge unrealized potential."
By Christopher Doering • Nov. 30, 2021 -
Permission granted by The Giant Company
The Giant Company to test technology to boost brands in the alcohol aisle
The grocer's SocialShelf platform will help customers navigate the category in-store, particularly for "upscale wine and high-end craft beer," a company spokesperson said.
By Catherine Douglas Moran • Nov. 24, 2021 -
Monster Beverage exploring deal with Constellation Brands, Bloomberg reports
The exact type of transaction between the energy drink maker and the Corona brewer, whether it involves a merger or a specific asset, is uncertain, the news service said.
By Christopher Doering • Nov. 22, 2021 -
Permission granted by Hidden Valley
ColumnLeftovers: Hidden Valley seasons the holiday with RanchNog; Oatly chills out with new frozen bars
Brand owner Clorox is selling a savory mix for the traditional holiday drink, while Funny Water tries to flatten the competition with alcohol-infused still water.
By Food Dive staff • Nov. 19, 2021 -
Courtesy of Hoop Tea
Anheuser-Busch buys alcoholic beverage brand Hoop Tea
The Maryland-based company, known for its infused malt drinks and seltzers, will join the beverage giant's Beyond Beer portfolio.
By Christopher Doering • Nov. 16, 2021 -
istockphoto.com/jacoblund
Sponsored by Faravelli, IncFiberJuices™, real juice powders with 4 prebiotics and 0% sucrose added
Eliminate the fiber, sugar, and weight management concerns surrounding fruit and vegetable juices.
Nov. 15, 2021 -
Permission granted by Kraft Heinz
ColumnLeftovers: Heinz spaces out with other-worldly ketchup; Danone's Follow Your Heart noodles into a new category
The Kraft Heinz brand partners with the Aldrin Space Institute to craft a Martian condiment, and Mud/Wtr's newest drink taps adaptogenic ingredients for relaxation.
By Food Dive staff • Nov. 12, 2021
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