Beverages: Page 57
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Trade group releases 1st code of practice for kombucha
After a slew of lawsuits, Kombucha Brewers International is establishing quality standards for the beverage and also developing a seal for manufacturers.
By Jessi Devenyns • July 16, 2020 -
Dietary Guidelines scientific report could deliver a plant-based policy win
The document, which will be used by the federal government for the new official guidelines for a healthy diet, encourages more consumption of fruits and vegetables, and less red meat, alcohol and sugar.
By Megan Poinski • July 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 -
Oatly sells $200M stake to fuel growth
Investors in the fast-growing Swedish company include private-equity giant Blackstone, Oprah Winfrey and former Starbucks CEO Howard Schultz.
By Jessi Devenyns • July 15, 2020 -
SnackMagic brings small brands directly to consumers
The platform carries a few Big Food brands, but sees itself as a way for shoppers to discover snacks they likely won't be able to find on store shelves.
By Christopher Doering • July 15, 2020 -
Diageo and PepsiCo will debut paper bottles in 2021
The alcohol giant will launch the 100% plastic-free packaging for Johnnie Walker whisky early next year, while PepsiCo and Unilever are developing it for their products.
By Lillianna Byington • July 14, 2020 -
Column
Leftovers: Swiss Miss gets magically delicious; Ritz says 'cheese'
The cocoa brand adds Lucky Charms' marshmallow goodness and Outshine frozen treats get a bit of heat, courtesy of Tajín.
By Food Dive staff • July 10, 2020 -
A passing grade? Inside Anheuser-Busch's test panels that rate its beers
From Bud Light to Straw-Ber-Rita, tasters with the alcohol giant meet regularly to check the flavor, texture, smell and appearance of its signature brews and trendy products.
By Christopher Doering • July 8, 2020 -
Analyst: Monster likely to launch hard seltzer brand
Stifel's Mark Astrachan wrote that if it were as successful as Reign, the energy drink giant's alcoholic beverage could generate $76 million in annual sales.
By Jessi Devenyns • July 7, 2020 -
Coca-Cola sells Odwalla to investment firm
Full Sail purchased the juice and smoothie product for an undisclosed amount from the beverage giant.
By Jessi Devenyns • Updated Sept. 14, 2021 -
Lawsuit accuses DFA leadership of 'extortion' and 'cartel' tactics after Dean Foods sale
The complaint argues the U.S. dairy industry was facing a collapse before the pandemic because of the co-op and is now unfairly expanding its reach. DFA called the suit "ridiculous and without merit."
By Lillianna Byington • July 2, 2020 -
Retrieved from Cantina Goccia on June 30, 2020
Sustainable packaging company launches wine bottle made from 94% recycled paper
The Frugal Bottle has a carbon footprint up to 84% lower than a glass bottle and a third less than a recycled plastic one.
By Lillianna Byington • July 2, 2020 -
Kerry introduces flavors targeting no- and low-alcohol beverages
The options, which include juniper, rosebud, elderflower, turmeric and cinnamon, are primarily aimed at spirits makers.
By Jessi Devenyns • July 1, 2020 -
Constellation Brands buys DTC company Empathy Wines
The upstart founded in 2019 produces high quality, sustainably made bottles sold through its e-commerce platform. The purchase price was not disclosed.
By Christopher Doering • July 1, 2020 -
Beverage makers disproportionately market sugary beverages to Black, Hispanic youth
Total sugary drink advertising expenditures increased 41% in 2018 as compared to 2013, according to a study from the Rudd Center for Food Policy & Obesity at the University of Connecticut.
By Dianna Christie • June 30, 2020 -
Constellation Brands trims spirits portfolio with $225M divestiture
The marketer of Corona and Modelo Especial said it would sell its Paul Masson Grande Amber Brandy brand to the Sazerac Company.
By Christopher Doering • June 29, 2020 -
Deep Dive
Battling bankruptcy and a pandemic, Borden looks ahead
Departing CEO Tony Sarsam spoke to Food Dive about the challenges and future prospects for the dairy processor. Its $340 million sale to Capitol Peak Partners and KKR was approved on Friday.
By Lillianna Byington • June 29, 2020 -
Whole Foods' bottled water brand has 'concerning levels' of arsenic, Consumer Reports says
The retailer's Starkey Spring Water, which was recalled three years ago because of elevated levels of the chemical element, has been called out by the organization before.
By Jessi Devenyns • June 26, 2020 -
Borden CEO to step down as bankruptcy sale secures approval
Tony Sarsam will leave in July as Gregg Engles, a former CEO of Dean Foods and founder of Capitol Peak, takes over running the dairy processor.
By Lillianna Byington • June 26, 2020 -
Dairy industry faces a slow recovery from the pandemic
A new Rabobank report predicts higher sales at retail and lower ones in foodservice will converge and bring back a more normal balance, but there are still challenges ahead.
By Lillianna Byington • June 24, 2020 -
Will food and drink companies' commitments to the Black community make a difference?
Diageo and PepsiCo are the latest to pledge their support, with the soft drink titan promising to increase the number of Black managers and executives in the next five years.
By Jessi Devenyns • June 17, 2020 -
KKR and former Dean Foods CEO win bankruptcy auction for Borden
A hearing to approve the proposed deal for the milk processor, which filed for Chapter 11 in January, is scheduled for Thursday in Delaware.
By Lillianna Byington • June 16, 2020 -
Brown-Forman selling Canadian Mist, 2 other brands to Sazerac
The divestiture is the latest by the owner of Jack Daniel’s and Old Forester to prioritize premium, faster-growing brands in its portfolio.
By Jessi Devenyns • Updated Aug. 3, 2020 -
Nestlé contemplates selling its North American Waters division
Although nothing is set in stone, the company's CEO expressed an interest in more modern offerings to reinvigorate the space.
By Jessi Devenyns • June 12, 2020 -
Kerry launches 13 new plant-based ingredients
These options are geared toward flexitarian consumers looking for alternatives that mimic animal-based protein sources.
By Jessi Devenyns • June 11, 2020 -
Retrieved from Nestle on January 16, 2020
Nestlé to acquire majority stake in collagen maker Vital Proteins
The maker of bars, beverages, capsules and powders with the protein would operate as a standalone business at the Swiss food giant. Financial details were not disclosed.
By Christopher Doering • June 11, 2020