Beverages: Page 51
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A look behind beer's hidden secret to success: carbon dioxide
While ingredients such as barley or hops get most of the attention, the colorless gas helps with everything from enhancing flavor and maintaining the foam to changing the acidity.
By Christopher Doering • Oct. 8, 2020 -
AB InBev's new partnership could cut carbon emissions by 30% per beer can
The world's largest beer company is working with miner Rio Tinto to create packaging using low-carbon aluminum made with renewable hydropower.
By Christopher Doering • Oct. 7, 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 -
PepsiCo CFO on issuing guidance for first time since April
"We have pretty good visibility into the next quarter," Hugh Johnston said. "We feel like we can give investors a reasonable level of confidence in what we expect to deliver."
By Jane Thier • Oct. 6, 2020 -
Coca-Cola to discontinue Zico coconut water and consider other cuts
The beverage giant is also reportedly looking to trim less-popular versions of Coke and Diet Coke, as well as some regional soda brands, according to The Wall Street Journal.
By Christopher Doering • Oct. 5, 2020 -
Bang, Beyond and Snap'd: Nielsen names its 25 breakthrough innovations
Seventeen of the brands that made the list came from the food and beverage space, including Beyond Burger, Monster Energy Mango Loco and Ripple Plant-Based Milk.
By Jessi Devenyns • Oct. 2, 2020 -
Canopy Growth to bring cannabis beverages to US in 2021
The company will initially launch the THC-infused drinks in legal adult-use markets in California and Illinois through a partnership with Acreage Holdings.
By Megan Poinski • Oct. 1, 2020 -
Molson Coors to distribute La Colombe RTD coffee in latest move beyond beer
This announcement is the third partnership in less than a month for the company, which is also now working with Coca-Cola and Yuengling.
By Christopher Doering • Oct. 1, 2020 -
Fresh off its IPO, Laird Superfood battles large CPGs with natural ingredients
In an interview right after going public, the plant-based nutritional company's co-founders said they are planning to move into other food categories beyond beverages, while stressing the 5-year-old business is not for sale.
By Christopher Doering • Oct. 1, 2020 -
Kerry rolls out clean-label citrus extracts for beverages
The ingredients company said the new flavors, which include lemon, orange and tangerine, can be used with water, energy drinks, hard seltzers and beer.
By Jessi Devenyns • Oct. 1, 2020 -
Oat milk surges to second most popular in plant-based dairy
The grain-based beverage likely rose in popularity through a combination of function, taste, nutritional attributes and hype.
By Megan Poinski • Sept. 30, 2020 -
Lyre's Non-Alcoholic Spirit Co. closes $11.5M funding round
The Australian company says this investment is the largest ever made in the alcohol-free category.
By Jessi Devenyns • Sept. 29, 2020 -
Retrieved from Bazooka Candy Brands on September 25, 2020Column
Leftovers: Bazooka gets into gummies; Undressed redefines 'salad bar'
The bubble gum brand's new launch of dragon and unicorn candies is (literally) Totally Awesome, and WW brews up canned RTD coffee drinks.
By Food Dive staff • Sept. 25, 2020 -
Trade groups: Over 650K jobs tied to US beer industry will be lost due to COVID
The report from four organizations with ties to alcohol predict the pandemic will hamper retail sales of beer more than $22 billion by the end of 2020.
By Christopher Doering • Sept. 23, 2020 -
AI upstart Brightseed raises $27M as demand for healthy offerings surges
CEO Jim Flatt said his business has more interest for its services than it can handle as consumers look to eat healthier and businesses search for ways to meet those needs.
By Christopher Doering • Sept. 17, 2020 -
Deep Dive
Canopy Growth's beverage head is 'bullish' on the future of the cannabis category
After a delayed launch and an ongoing turnaround effort for its earnings, the Constellation-backed company is No. 1 in dollar share in drinks in Canada and plans to launch into the U.S. in the near future.
By Lillianna Byington • Sept. 17, 2020 -
Yuengling debuts in Texas as part of joint venture with Molson Coors
The move into the Lone Star State is the latest step to bring offerings from America’s oldest brewery to millions more drinkers beyond the East Coast.
By Christopher Doering • Updated Aug. 23, 2021 -
PepsiCo launches sleep-aid drink Driftwell
The enhanced water, which will be sold first online starting in December, is designed to help stressed consumers relax and unwind before bed.
By Jessi Devenyns • Sept. 15, 2020 -
Sam Adams joins crowded nonalcoholic beer space with planned 2021 launch
Boston Beer spent two years researching and brewing to create Just the Haze IPA, which the brewer says will taste like the real thing.
By Christopher Doering • Sept. 11, 2020 -
Molson Coors launches nonalcoholic drinks in bid to expand beyond beer
The new products, which include a seltzer with added probiotics, is part of the company's goal to reach more consumers seeking better-for-you beverages.
By Christopher Doering • Sept. 10, 2020 -
Partake Brewing taps $4M in funding to expand fast-growing nonalcoholic beer
The company, whose brews are sold in Total Wine & More and some Whole Foods outlets, is open to an investment or acquisition from a big beer company to expand its reach.
By Christopher Doering • Sept. 9, 2020 -
Nestlé invests $30M in Closed Loop fund to expand sustainable packaging use
The deal provides the Switzerland company with access to food-grade recycled plastics it can use for packaging in products such as Coffee Mate and Stouffer's.
By Jessi Devenyns • Sept. 9, 2020 -
Oatly faces boycott backlash for its investment from Blackstone
Complaints about the firm's CEO's donations to Trump and ties to companies linked to deforestation are starting to surface after the equity group was the lead investor buying a $200 million stake in the oat milk giant.
By Jessi Devenyns • Sept. 8, 2020 -
Beam Suntory buys cocktail company, hoping to lead RTD spirits
The spirits company has plans to expand the range of choices of premixed drinks consumers can enjoy.
By Jessi Devenyns • Sept. 8, 2020 -
AB InBev picks North America chief to take over as CEO as Carlos Brito departs
Michel Doukeris was touted for his expertise in innovation, building brands and consumer insight, which could help the brewing giant grow.
By Christopher Doering • Updated May 6, 2021 -
Column
Leftovers: Reese's serves cake for breakfast; Jones Soda tries to get out the vote
Hershey is giving consumers permission to eat its soft-baked chocolate snack cake in the morning, and Runamok Maple is making its syrup sparkle.
By Food Dive staff • Sept. 4, 2020