Beverages: Page 49
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PepsiCo 'fired' from exclusive distribution deal with Bang Energy
The beverage giant says it will continue distributing the energy drink even after Bang's CEO cited "multiple issues and concerns regarding PepsiCo’s performance" since the two partnered in April.
By Christopher Doering • Updated Nov. 17, 2020 -
Courtesy of Oatly
How Oatly accelerated growth during the pandemic
In a year of adversity, oat milk is on top, with dollar sales up 212% above last year. The company's North America President Mike Messersmith explains why the beverage is booming and shares its expansion plans.
By Megan Poinski • Nov. 16, 2020 -
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 -
Deep Dive
Once mocked, nonalcoholic beer creates a buzz as traditional brew sales stagnate
New offerings from brands like Guinness and Budweiser are flooding the space as the segment, which pulls in nearly $200 million in sales, suddenly heats up.
By Christopher Doering • Nov. 12, 2020 -
Permission granted by Celsius Holdings
Deep DiveHow a Monster competitor plans to be the next $1B brand in energy drinks
Fast-growing Celsius Holdings has shaken the $14 billion beverage segment dominated by deeper-pocketed players like Red Bull by eschewing questionable ingredients and promising faster calorie burning during exercise.
By Christopher Doering • Nov. 9, 2020 -
Shutterstock/Irina Burakova
Sponsored by Flavor ProducersShaken not stirred—imaginative plant-based cocktails
New creative tools and ingredients can elevate and balance the taste of cocktails with botanicals while also adding more transparency for labeling.
Nov. 9, 2020 -
Permission granted by Vertosa
Behind PBR's cannabis seltzer launch is infusion company Vertosa
The technology company infuses more than 100 hemp and cannabis products, including two of the top three ready-to-drink brands in California.
By Lillianna Byington • Nov. 5, 2020 -
Retrieved from SweetWater Brewing Company on November 04, 2020
Cannabis company Aphria to acquire SweetWater Brewing for $300M
This deal, which is expected to close by the end of 2020, will give the Canadian company an established distribution network in the U.S., while also expanding the Georgia craft brewer's reach.
By Lillianna Byington • Nov. 5, 2020 -
Courtesy of MolsonCoors
Molson Coors considers scrapping some offerings amid can shortage
The decision to cut SKUs comes as the beer giant accelerates its expansion into nonalcoholic offerings, such as full-flavored seltzers and a plant-based diet soda.
By Christopher Doering • Nov. 5, 2020 -
Retrieved from PepsiCo on April 23, 2019
How PepsiCo plans to increase gender, racial diversity in management by 2025
The snack and beverage giant has set a goal to increase Black representation in managerial roles 30% and Hispanic representation 10%.
By Sheryl Estrada • Nov. 2, 2020 -
Keurig Dr Pepper restructures into coffee and cold drinks divisions
The company said the move allows leadership to focus on distinct marketing and innovation for consumers who are shifting their consumption habits.
By Jessi Devenyns • Oct. 30, 2020 -
Courtesy of Coors Light
Inside Molson Coors' marketing playbook for navigating chaos in 2020 and beyond
Speaking at the ANA Masters of Marketing, CMO Michelle St. Jacques laid out an aggressive pandemic strategy that's seen the beverage giant run 30 campaigns since March.
By Peter Adams • Oct. 26, 2020 -
Retrieved from Bacardi on October 23, 2020
Bacardi to use 100% biodegradable plastic bottles by 2023
The company said the new packages break down in 18 months and will eliminate 3,000 tons of plastic it currently uses each year.
By Jessi Devenyns • Oct. 23, 2020 -
Courtesy of Guinness
Guinness debuts a nonalcoholic version of its stout
The Diageo brand joins others, including Budweiser and Sam Adams, in introducing new alcohol-free brews.
By Christopher Doering • Oct. 23, 2020 -
Whole Foods forecasts upcycled foods, alcoholic kombucha among 10 trends for 2021
Elevating breakfast and expanding coffee-flavored products are also trends that will boom next year, according to predictions by the grocer's buyers and culinary experts.
By Rosie Bradbury • Oct. 22, 2020 -
Christopher Doering/Food Dive
From privately held to publicly traded, should small companies take the plunge?
Going public provides greater exposure and more access to capital, but it comes with drawbacks such as regulatory requirements and short-term growth targets shunned by many CEOs.
By Christopher Doering • Oct. 20, 2020 -
Courtesy of Yuengling
Deep DiveYuengling survived Prohibition and both World Wars. But can it beat the pandemic?
Despite recent challenges, the sixth-generation leaders of America's oldest brewery are leaning into its reputation as a "traditional" beer company, while pushing ahead on new initiatives including a partnership with Molson Coors.
By Christopher Doering • Oct. 19, 2020 -
Courtesy of Heineken
Heineken partners with Arizona Beverages on new hard seltzer
Arizona Sunrise Hard Seltzer, which is expected to hit shelves in the first quarter of 2021, joins a crowded category where almost every major beer company has a product.
By Christopher Doering • Oct. 16, 2020 -
Courtesy of Coca-Cola
Coca-Cola to end production of Tab soda
The iconic beverage introduced in 1963 was the company's first diet cola, but it faded in popularity after the launch of Diet Coke nearly two decades later.
By Christopher Doering • Oct. 16, 2020 -
Permission granted by Olam
Why Olam Coffee is setting its 1st public sustainability targets
By 2025, the company aims to reduce its greenhouse gas emissions by 15% and implement deforestation remediation plans by planting 5 million trees.
By Lillianna Byington • Oct. 15, 2020 -
Bud Light dials up seltzer sampling with at-home trials
After a small summer pilot drove nearly 14,000 social engagements and a 174% lift in purchase intent, the AB InBev brand is planning a national run around Thanksgiving.
By Natalie Black (Koltun) • Oct. 15, 2020 -
Lawsuit claims Steaz has too much added sugar to be 'lightly sweetened'
The class action case filed against parent company Healthy Beverage Co. argues the labels on its iced tea — with 30% of the recommended consumption amount of the sweetener — are misleading.
By Jessi Devenyns • Oct. 13, 2020 -
Nestlé joins US dairy industry's goal to hit net zero carbon emissions by 2050
The world's largest food company said it would commit up to $10 million through its multi-year partnership to help scale farm access to sustainable resources and technology.
By Lillianna Byington • Oct. 12, 2020 -
Courtesy of Bespoken
Derek Jeter among investors in liquor startup that quickly ages spirits
Bespoken Spirits says its technology could save the industry more than $20 billion a year, help the environment and allow businesses to better respond to changing consumer tastes.
By Christopher Doering • Oct. 9, 2020 -
Permission granted by Snyder's of Hanover
ColumnLeftovers: Snyder's Pretzel Keg brings Oktoberfest home; Hard Rock riffs on hard seltzer
The snack brand and Captain Lawrence Brewing Co. created a combo to keep Germany's fall festivities alive, and Sun-Maid hopes its raisins will attract trick-or-treaters.
By Food Dive staff • Oct. 9, 2020 -
Courtesy of PepsiCo
PepsiCo's SodaStream brings flavored Bubly drops to its sparkling water platform
The beverage and snack giant is using the matchup between its two brands to push further into the carbonated water segment, which is outpacing the growth of still water.
By Christopher Doering • Oct. 8, 2020
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