Beverages: Page 51
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Permission granted by Coca-Cola
ColumnLeftovers: Topo Chico twists on the tangerine; Tillamook shows vintage cheese is in
The new fruit flavor is the latest bit of citrus to be added to the Coca-Cola-owned sparkling water brand, and SweetPea has a scoop: Chickpeas can make ice cream.
By Food Dive staff • Feb. 12, 2021 -
Study: Higher plant-based milk prices are justified, but dairy milk is too cheap
While non-dairy substitutes cost about twice as much, Mintec found the conventional staple's profits only cover production costs, leaving little for R&D or innovation.
By Megan Poinski • Feb. 12, 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 -
Permission granted by Coca-Cola
Coke plans data-driven, 'always-on' experiential campaigns as sales dip
The company is looking to drive "greater efficiency across the marketing spend portfolio" and announced plans for Sprite's first global campaign.
By Robert Williams • Feb. 11, 2021 -
Heineken to cut 8,000 jobs as the pandemic hurts sales
The staff reduction, part of a broader effort to save $2.43 billion through 2023, comes as the alcohol maker focuses more on premium offerings and looks to move beyond beer.
By Christopher Doering • Feb. 10, 2021 -
Permission granted by Coca-Cola
Coca-Cola transitions to bottles made from 100% recycled plastic
The new packaging and a smaller bottle size will be gradually rolled out during the first half of the year in select states.
By Christopher Doering • Feb. 9, 2021 -
Courtesy of Danone
Danone's 'big runway' for growth is built on brand relevance, N. America CEO says
Shane Grant is feeling optimistic about the company's dominance in dairy and plant-based, even as an activist investor questions its larger strategy.
By Christopher Doering • Feb. 9, 2021 -
Courtesy of PepsiCo
PepsiCo launches Frutly juice waters for teens
The new line of hydrating, no-added-sugar drinks could capitalize on Gen Z's growing buying power and interest in healthier beverage options.
By Mike De Socio • Feb. 8, 2021 -
Courtesy of The Hershey Co.
ColumnLeftovers: Whozeewhatzit? It's Hershey's new offering; Pebbles cereal enters the ice age
The Pennsylvania chocolate maker launches a new bar to complement the Whatchamacallit, and you can have the mango in Yuengling's new brew.
By Food Dive staff • Feb. 5, 2021 -
Permission granted by Chobani
The road to Chobani's IPOChobani considering 2021 IPO valuing it at up to $10B, WSJ reports
Chobani Founder and CEO Hamdi Ulukaya said the company will look at "all options carefully to fuel our ambitious plans" with a stock offering "definitely one exciting direction."
By Christopher Doering • Feb. 5, 2021 -
Super Bowl LV snacking will favor variety and wellness
The pandemic has put consumers in the mood for new food and alcohol beverage options as viewing parties stay small.
By Mike De Socio • Feb. 4, 2021 -
Permission granted by Anheuser-Busch
Anheuser-Busch to spend $1B on hard seltzer, sustainability in US plants
The maker of Bud Light and Michelob Ultra has been aggressively moving into the popular beverage, which has become a growth segment for many alcohol producers.
By Christopher Doering • Feb. 4, 2021 -
Uber buys alcohol delivery platform Drizly for $1.1B
The stock and cash deal comes as the profitable startup has seen demand surge during the pandemic with the service now offered in more than 1,400 cities.
By Christopher Doering • Feb. 2, 2021 -
Spirits sales rose in 2020, but the pandemic and tariffs drag on future prospects
Distillers have the opportunity to ride a new wave of growth as vaccination rates grow and off-premise opens up, but they will need to maximize the tools at hand.
By Samantha Oller • Feb. 1, 2021 -
Christopher Doering/Food Dive
Bang owner files suit against PepsiCo over distribution of new hard seltzer beverage
Quash Seltzer, which has common ownership with the energy drink brand, said the CPG giant is blocking its efforts to create a distribution network — causing economic harm "in the billions of dollars."
By Christopher Doering • Feb. 1, 2021 -
Nestlé sets goal of 100% responsibly sourced coffee by 2025
The company requires farmer groups and suppliers to adopt practices aligned with its Responsible Sourcing Standards.
By A.B. Brown • Jan. 29, 2021 -
Courtesy of Hellowater
Hellowater partners with agricultural company on toxin-fighting beverage line
The collaboration with Brandt, which develops technologies to boost crop yields, represents the latest leap in functionality for the competitive enhanced water segment.
By Jessi Devenyns • Jan. 29, 2021 -
Courtesy of Radius Networks
Online packaged food and beverage sales could top $100B in 2021
Grocery is now the top e-commerce CPG category, according to FMI and NielsenIQ, with dollar sales up 125% last year.
By Jeff Wells • Jan. 26, 2021 -
Courtesy of Molson coors
Molson Coors returning commercial operations of Superbird to Casa Komos
The beer giant, which has expanded the tequila-based cocktail into 24 states since a January 2021 partnership was struck, will have a minority stake in the brand’s parent company.
By Christopher Doering • Updated Aug. 22, 2022 -
Courtesy of The Coca-Cola Company
Coke delivers coffee-flavored soda from Walmart by drone
The stunt marks Coca-Cola with Coffee's official debut in the U.S., its 50th market since the product launched in Japan in 2018.
By Robert Williams • Jan. 26, 2021 -
Retrieved from PepsiCo on March 07, 2019
PepsiCo and Beyond Meat to debut jerky snack as part of joint venture, Bloomberg reports
The two companies announced a partnership last January to develop, produce and market snack and beverage products made from plant-based protein.
By Christopher Doering • Updated Jan. 20, 2022 -
Courtesy of Budweiser
Budweiser skips Super Bowl, reallocates ad budget to COVID-19 support
The AB InBev flagship will forgo a big game spot for the first time in 37 years, opting instead for vaccine awareness efforts that include a digital short film.
By Chris Kelly • Jan. 25, 2021 -
Wine industry sees uncertain future as pandemic and millennials cloud outlook
The alcohol segment could be on pace for continued consumption declines unless it can attract and retain younger and older consumers to the space.
By Christopher Doering • Jan. 21, 2021 -
Courtesy of Truly Hard Seltzer
Truly Hard Seltzer targets millennials shunning Dry January
To promote new tea flavors, the brand offered free merchandise to the 62% of drinking-age millennials avoiding the alcohol-free movement.
By Robert Williams • Jan. 19, 2021 -
Deep Dive
Could 2021 be the breakout year for cannabis-infused food and beverages?
Although the pandemic slowed progress, the outlook is brighter as more companies enter the market and the regulatory environment has the potential to change.
By Lillianna Byington • Jan. 19, 2021 -
Permission granted by Beneo
Getting to the root of chicory root's popularity surge
From adding fiber and mouthfeel to its use in prebiotics, the woody perennial's versatility has made it popular with consumers and businesses — especially during the pandemic.
By Christopher Doering • Jan. 14, 2021
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