Beverages: Page
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Keurig Dr Pepper CEO to step down in July
Bob Gamgort will transition to the role of executive chairman, while CFO Ozan Dokmecioglu will take the helm at the beverage maker.
By Megan Poinski , Christopher Doering • Updated April 5, 2022 -
Retrieved from Coca-Cola on April 04, 2022
Coke serves up its latest conceptual variety: 'pixel-flavored' cola
Zero Sugar Byte is the second offering out of the brand's Creations innovation platform that previously tried to capture the taste of space.
By Peter Adams • April 4, 2022 -
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 -
Courtesy of Diageo
Diageo acquires super-premium tequila brand 21Seeds
The purchase of the startup for an undisclosed amount accelerates the company's move into more trendy and higher-margin beverages.
By Christopher Doering • April 1, 2022 -
Retrieved from Sovos Brands.
ColumnLeftovers: Noosa chills out with gelato; White Claw catches new wave with its Surf line
Sovos Brands is bringing its premium yogurt into the freezer aisle, while Betterland Foods uses Perfect Day's animal-free dairy proteins for a better-for-you chocolate bar.
By Food Dive staff • April 1, 2022 -
Permission granted by Anheuser-Busch
AB InBev to invest $50M in St. Louis brewery to boost seltzer production
Despite slowing seltzer sales, the category remains lucrative for beer giants with brands such as Bud Light Seltzer competing with White Claw and Truly.
By Christopher Doering • April 1, 2022 -
Retrieved from Stone Brewing.
Molson Coors must pay Stone Brewing $56M in trademark dispute, jury finds
The case hinges on the beer giant's 2017 decision to rebrand its Keystone brew as "Stone." A spokesman said the company is evaluating options for appeal.
By Christopher Doering • March 29, 2022 -
Courtesy of PepsiCo
ColumnLeftovers: PepsiCo and IHOP cook up maple syrup cola; Molson Coors taps into beer-flavored lollipops
The limited batch soda is the latest creative flavor from the beverage giant, and B&G Foods and General Mills reimagine Cinnamon Toast Crunch as a spread.
By Food Dive staff • March 25, 2022 -
Permission granted by IBM
Taste testing taps into the modernized speed of artificial intelligence
From cutting sugar to discovering new flavors, manufacturers such as Conagra and Danone are turning to the technology to get products to market faster and gain a competitive advantage.
By Christopher Doering • March 24, 2022 -
Getty Images
OpinionDry beyond January: Why moderation will continue to grow
Offering consumers beverages that fit the moment and their lifestyle is key to the success of no- and low-alcohol beverages, writes Borja Manso of Heineken USA.
By Borja Manso • March 24, 2022 -
Retrieved from Keurig Dr Pepper on March 23, 2022
Keurig Dr Pepper makes sustainability push with new water goal and packaging prototype
The beverage giant set a target to become net water positive by 2050 and will test a recyclable and compostable paper bottle in the U.S. later this year.
By Chris Casey • March 23, 2022 -
Courtesy of Molson Coors
Molson Coors' Peroni looks for US foothold with appeal to millennials' wanderlust
As the imported beer market grows, the Italian brand is betting on a younger demographic to help it build on recent momentum.
By Sara Karlovitch • March 22, 2022 -
Courtesy of So Delicious Dairy Free
ColumnLeftovers: So Delicious takes aim at dairy ice cream fans; Patagonia, Dogfish Head harness carbon-sucking grain for new brew
Danone's Wondermilk stars in a new line of plant-based frozen desserts, and Kill Cliff combines caffeine and CBD in its latest lemony launch.
By Food Dive staff • March 18, 2022 -
Permission granted by Anheuser-Busch
AB InBev's EverGrain brings used beer ingredient to snacks and plant-based milks
Told by many he was wasting his time, the CEO of the alcohol giant's subsidiary is introducing spent barley to foods and beverages through partnerships with companies like Nestlé and Post.
By Christopher Doering • March 17, 2022 -
Tim Boyle via Getty Images
PepsiCo to set time-bound, single-use plastic reduction goal by end of 2022
The soda giant's pledge comes after a shareholder proposal from nonprofit As You Sow, and follows Coca-Cola's commitment to increase its use of refillable bottles.
By Christopher Doering • Updated March 17, 2022 -
Permission granted by Jones Soda
From a turkey-and-gravy soft drink to cannabis, Jones Soda looks for its next high
The company, which plans an aggressive rollout of its new Mary Jones brand where recreational use is legal, is optimistic the offering could eclipse sales of its iconic soda within a few years.
By Christopher Doering • March 16, 2022 -
Mario Tama via Getty Images
Nearly 80% of food and beverage companies have passed on higher costs to customers, survey finds
According to Mazars' research, 83% of respondents expected sales to increase in 2022, while 54% identified higher shipping costs as their primary concern.
By Christopher Doering • March 14, 2022 -
Courtesy of Chobani
Top Chobani execs leaving as yogurt giant delays IPO, WSJ reports
The company, which may not go public until later this year or in 2023, is losing several key people in its C-suite, including President and COO Peter McGuinness.
By Christopher Doering • March 11, 2022 -
Getty Images
How food and beverage companies are responding in Russia
Mars, Nestlé, PepsiCo and Danone are just a few of the large CPGs to stop investments, sales, advertising or other activities as the Ukraine invasion continues.
By Food Dive Staff • Updated June 29, 2022 -
Courtesy of Danone
Danone vows 'no sacred cows' as dairy giant prunes portfolio to boost growth
The company said it would improve performance in troubled offerings like Horizon Organic, invest more in winning products like Oikos and reposition the portfolio by selling existing brands and buying new ones.
By Christopher Doering • March 9, 2022 -
Tim Boyle via Getty Images
Coca-Cola and PepsiCo latest CPGs to suspend business in Russia
The soda giants join Kellogg, Kraft Heinz and others in ending or meaningfully scaling back operations in the country amid pressure from consumers and investors.
By Christopher Doering • March 9, 2022 -
Permission granted by Nestle
Nestlé to build $675M beverage factory in Arizona, creating more than 350 jobs
The plant will produce creamers, including its Coffee mate, Coffee mate natural bliss and Starbucks brands, with the capacity to add other offerings.
By Christopher Doering • March 9, 2022 -
Courtesy of PepsiCo
ColumnLeftovers: Gatorade Fit offers hydration without added sugar; Impossible creates endangered species-shaped nuggets
PepsiCo adds a more natural option to the leading sports drink line, and Sovos Brands brings Birch Benders into the cookie category.
By Food Dive staff • March 4, 2022 -
Permission granted by Ingredion
Disruption has drawn ingredient suppliers and food manufacturers closer, Ingredion CEO says
Jim Zallie said reduced R&D budgets, changing consumer tastes and an urgency to get products to market faster has created "more intimate relationships" between the two sides.
By Christopher Doering • March 3, 2022 -
Retrieved from Lifeway Foods.
Lifeway Foods in turmoil as family members push company to oust CEO, explore 'strategic alternatives'
The outcome could hinge on the opinion of dairy giant Danone, which owns 22.4% of the kefir maker's stock, making it the single-largest shareholder.
By Christopher Doering • March 1, 2022 -
Permission granted by Hain Celestial
Tea gets a wellness boost as Hain, Twinings aim to wake up the category
While sales in the segment have been largely flat to down in recent years, more consumers are turning to offerings with attributes like probiotics, relaxation, energy and immune support.
By Christopher Doering • March 1, 2022
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