Beverages: Page 49
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Courtesy of Tru Colors
Molson Coors invests in brewery founded by gang rivals
The partnership with Tru Colors is not only a strategic investment but the latest in a series of actions by the beer maker to foster a more inclusive and diverse culture.
By Christopher Doering • April 16, 2021 -
"Rice Dream Drink, 8/2014, by Mike Mozart of TheToyChannel and JeepersMedia on YouTube. #Rice #Dream" by Mike Mozart is licensed under CC BY 2.0
Hain Celestial sells Dream and WestSoy to SunOpta for $33M
The nondairy beverages are the latest brands sold by the company as it streamlines its portfolio to concentrate on offerings with growth potential.
By Megan Poinski • April 16, 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 -
Courtesy of Fonterra
Fonterra's NZMP taps milk to help consumers manage stress, improve well-being
The New Zealand company is extracting lipids, proteins and other ingredients from the liquid to meet demand for these attributes, which have grown in popularity during the pandemic.
By Christopher Doering • April 15, 2021 -
Courtesy of Loyal 9 and Diageo
Diageo buys RTD vodka cocktail brand Loyal 9
This deal comes as the beverage giant focuses on expanding its offerings in a variety of price points and consumer segments.
By Lauren Manning • April 15, 2021 -
Keurig Dr Pepper commits to cutting new plastic use in packaging
The beverage giant, which aims for a 20% reduction by 2025, is the latest CPG to pledge cuts after being targeted by shareholder proposals from nonprofit As You Sow.
By Barbara Smith • April 13, 2021 -
Adeline Kon/Food Dive
Deep DiveHow much of a boost did food companies get from COVID-19?
Publicly traded large CPGs had long been struggling with little or no sales growth because of shifting consumer preferences and challenger brands stealing market share. The pandemic changed all that.
By Megan Poinski • April 13, 2021 -
Deep DiveBy the numbers: How food sales during COVID-19 compare to the year prior
The pandemic's shutdown of food and drink away from home was a boon to some companies and a bane to others, according to data from earnings reports.
By Megan Poinski • April 13, 2021 -
Courtesy of SnackMagic
SnackMagic raises $15M as profitable startup taps into snacking surge
The company, which started in May, plans to use the funding to support its expansion into other categories such as meal kits, alcoholic beverages and desserts.
By Christopher Doering • April 9, 2021 -
Courtesy of Kraft Heinz
ColumnLeftovers: Kraft Heinz puts Jet-Puffed in snacking form; Nestlé's S.Pellegrino adds coffee-inspired flavors
Jet-Puffed Bites offer chocolate-coated marshmallow treats in a resealable pouch, while Chloe's rides the oat milk wave with three new frozen pop flavors.
By Food Dive staff • April 9, 2021 -
Soft drinks enjoy a brand equity boost during the pandemic
Major beverage makers like PepsiCo and Coca-Cola were able to foster stronger consumer relationships through innovation, despite the challenges the COVID-19 crisis presented, according to Kantar's BrandZ report.
By Lauren Manning • April 9, 2021 -
Fruit drink labeling is confusing to many parents, study finds
Despite looking at packaging, Nutrition Facts and ingredients lists, most could not identify which children's products contained added sugar or sweeteners, according to new research.
By Samantha Oller • April 8, 2021 -
Courtesy of Recess
Sparkling water taps magnesium L-threonate for relaxation benefits
Recess, a brand best known for CBD-infused drinks, joins similar functional product launches from companies such as PepsiCo during the pandemic.
By Barbara Smith • April 8, 2021 -
Courtesy of Molson Coors
Molson Coors debuts organic beer
To market its new low-calorie Coors Pure, the company held a race in Central Park where consumers could scan QR codes worn by pro runners to get a rebate for a 12-pack.
By Peter Adams • April 7, 2021 -
Courtesy of Endless West
Molecular spirit maker Endless West raises $21M
The company, which reverse engineers alcoholic beverages and replicates them from their molecules, will use the funds to increase R&D and distribution, as well as accelerate its B2B platform.
By Megan Poinski • April 7, 2021 -
Retrieved from Nestle on October 18, 2018
Many at-home trends adopted during COVID-19 to remain after pandemic, Nestlé says
A survey commissioned by the CPG giant found 48% of respondents are likely to have their first cup of coffee at home before work, and more than a third are likely to bring a frozen meal for lunch.
By Christopher Doering • April 6, 2021 -
Permission granted by Anheuser-Busch
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 -
Courtesy of White Claw Hard Seltzer
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 -
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 -
Permission granted by Raley's
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 -
Courtesy of PepsiCo
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 -
Permission granted by Campbell Soup
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 -
Permission granted by PepsiCo
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 -
Courtesy of PepsiCo
ColumnLeftovers: 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 -
Courtesy of AB InBev
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
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