Beverages: Page

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    Tate & Lyle to acquire dietary fiber business in China for $237M

    The company said the purchase of Quantum Hi-Tech Biological will strengthen its market position for the popular ingredient while boosting its food and beverage solutions.

    By • April 7, 2022
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    IPOs in Americas plummet 72% during first quarter: EY

    Despite several companies going public in recent years, the food and beverage sector has been largely quiet in 2022, with firms like Chobani deciding to delay listing their shares.

    By Jim Tyson , • April 5, 2022
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    Trendline

    Top 5 stories from Food Dive

    Check out a selection of articles about some of the biggest trends and news — from McCormick’s reformulation strategy to the impact of GLP-1s  — shaping the food industry in 2026.

    By Food Dive staff
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    "Dr. Pepper" by cyclonebill is licensed under CC BY-SA 2.0
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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 , • Updated April 5, 2022
  • Coca-Cola's new Byte flavor on Fortnite
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    Retrieved from Coca-Cola on April 04, 2022
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    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
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    Courtesy of Diageo
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    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 • April 1, 2022
  • Sovos Brands, Noosa, yogurt
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    Retrieved from Sovos Brands.
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    Column

    Leftovers: 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
  • Flavors of Bud Light Seltzer
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    Permission granted by Anheuser-Busch
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    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 • April 1, 2022
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    Retrieved from Stone Brewing.
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    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 • March 29, 2022
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    Leftovers: 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
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    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 • March 24, 2022
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    Getty Images
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    Opinion

    Dry 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
  • Keurig bottle sustainable prototype
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    Retrieved from Keurig Dr Pepper on March 23, 2022
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    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 • March 23, 2022
  • As Peroni looks for foothold in America, the brand targets the millennial consumer
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    Courtesy of Molson Coors
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    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
  • So Delicious Wondermilk ice cream
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    Courtesy of So Delicious Dairy Free
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    Column

    Leftovers: 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
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    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 • March 17, 2022
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    Tim Boyle via Getty Images
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    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 • Updated March 17, 2022
  • Jones Soda, soda, cannabis, Mary Jones
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    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 • March 16, 2022
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    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 • March 14, 2022
  • Chobani announced it had Fair Trade Certified yogurt in May 2021.
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    Courtesy of Chobani
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    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 • March 11, 2022
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    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
  • Danone's plant-based Silk Greek yogurt launched in August 2021.
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    Courtesy of Danone
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    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 • March 9, 2022
  • Nestle
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    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 • March 9, 2022
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    Tim Boyle via Getty Images
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    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 • March 9, 2022
  • Gatorade, PepsiCo
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    Courtesy of PepsiCo
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    Column

    Leftovers: 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
  • Ingredion
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    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 • March 3, 2022