Beverages: Page 58
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Sweet revolution: How cacao fruit is poised to change the food industry
Conventional chocolate production throws out 80% of the fruit that produces cocoa beans. Industry movers are finding ways to upcycle it, creating new confections, snacks and culinary dishes.
By Megan Poinski • Jan. 30, 2020 -
Nestlé backs amendment to bill mandating PCR for plastic bottles in Maine
Joining multiple environmental groups, Nestlé Waters North America is pushing requirements for plastic bottles to have 30% post-consumer recycled by 2030. The beverage giant is among many that needs much more material to hit sustainability goals.
By E.A. Crunden • Jan. 30, 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 -
Unilever exploring sale of tea business
The owner of Lipton and Tazo said a potential divestiture comes as more consumers abandon black tea in favor of herbal varieties.
By Christopher Doering • Jan. 30, 2020 -
Adding aromas could help reduce the sugar content in beverages
Researchers found by adding a natural smell synthesized in apples during ripening, tasters thought the juice contained more sweetener than it really did.
By Cathy Siegner • Jan. 30, 2020 -
Keurig Dr Pepper acquires sparkling water brand Limitless
The deal could help grow the distribution of the beverages, which have 35 milligrams of caffeine, no sugar and zero calories.
By Lillianna Byington • Jan. 29, 2020 -
Dairy industry flexing to add CBD despite regulatory uncertainty
The head of the International Dairy Foods Association said an "insatiable appetite" for these products could prompt more companies to enter the space, even without FDA approval.
By Christopher Doering • Jan. 28, 2020 -
Coca-Cola says it won't ban plastic bottles because consumers like them
Head of Sustainability Bea Perez said people like being able to reseal drinks in lightweight packaging, and alternatives could increase the company's carbon footprint and hurt sales.
By Lillianna Byington • Jan. 27, 2020 -
Column
Leftovers: Halo Top does keto; craft beer taps into the oat milk craze
The ice cream pint that revolutionized the category is at it again for dieters who want to indulge, and Silk whips the dairy alternative market with its new heavy cream offering.
By Food Dive staff • Jan. 24, 2020 -
Canopy Growth delays its Canadian cannabis beverage line
The company, in which Constellation Brands invested nearly $4 billion, initially planned for the drinks to hit shelves this month.
By Lillianna Byington • Jan. 24, 2020 -
Molson Coors buys craft beer maker Atwater Brewery
The purchase of the Detroit company expands the beverage giant's portfolio while allowing the smaller brewer to gain the financial heft it needs to grow.
By Christopher Doering • Jan. 23, 2020 -
Will Coca-Cola's zero-sugar Powerade sports drinks make a big splash?
The beverage giant said the two products are the first new ones from Powerade in more than 10 years and are aimed at different types of exercisers.
By Cathy Siegner • Jan. 21, 2020 -
Deep Dive
Big Beer quickens pace of innovation as sales of iconic brews languish
With volumes of the popular alcohol dropping for the fourth straight year in 2019, hard coffee, kombucha, spiked seltzers and flavored versions of popular brews could be the future.
By Christopher Doering • Jan. 21, 2020 -
AB InBev introduces 4 new low-alcohol craft beers
All of the new products will debut nationwide by spring, and the brewing giant plans to have 20% of its global volumes coming from this category by 2025.
By Cathy Siegner • Jan. 17, 2020 -
Column
Leftovers: Jelly Belly flavors get fizzy; Nestlé brings the raw Fun(fetti)
The family behind the iconic candy started a company to bring their "stand-out flavors" to seltzer, and Siggi's puts kid-friendly skyr in pouches.
By Food Dive staff • Jan. 17, 2020 -
Califia Farms raises $225M to expand globally
The plant-based beverage company said the financing will help grow its oat platform and launch other lines, as well as increase production capacity and R&D.
By Lillianna Byington • Jan. 16, 2020 -
Retrieved from PepsiCo on April 23, 2019
PepsiCo to get all its US electricity from renewable sources
The maker of its namesake soda, Gatorade and Doritos plans to reach the target later this year. America accounts for nearly half of its total global electricity consumption.
By Christopher Doering • Jan. 16, 2020 -
Danone US yogurt chief 'bullish' despite segment's broader struggles
The French company is unveiling products in 2020 that address demand for lower sugar or alternative sweetener options, different textures and more plant-based varieties.
By Christopher Doering • Jan. 15, 2020 -
Wine consumption drops for the first time in 25 years
Industry tracker IWSR also said people have drank less beer annually since 2015, with 2019 volumes down 2.3%.
By Christopher Doering • Jan. 14, 2020 -
Retrieved from PepsiCo on January 09, 2020
PepsiCo unveils Mtn Dew Zero Sugar
The sugar-free signature soda brand will be sweetened with acesulfame potassium, aspartame and sucralose, FoodBev Media reported.
By Jessi Devenyns • Jan. 10, 2020 -
Alcohol companies may miss out on billions in e-commerce sales, report finds
Industry leaders need to look closer at how often younger generations use online shopping channels and how much that influences consumer behavior, a Rabobank analyst wrote.
By Cathy Siegner • Jan. 10, 2020 -
Canadian beer consumption drops 3% in 1st year of marijuana legalization
The category recorded its worst domestic volume decline in at least six years, dropping 3.9%. That was offset by imported beer volumes, which grew 1.4%.
By Lillianna Byington • Jan. 9, 2020 -
Deep Dive
6 trends that will shape the food and beverage industry in 2020
What will this new year bring? We see the launch of meat substitutes that go beyond the burger, the elevation of alternative dairy products and smaller M&A deals.
By Lillianna Byington , Megan Poinski , Christopher Doering • Jan. 8, 2020 -
Plant-based beverage maker OWYN raises $7.5M to expand, innovate
The funding also will be used to increase the company's sales and e-commerce teams as well as broaden its retail footprint in places such as Target and Walmart.
By Jessi Devenyns • Jan. 8, 2020 -
Coca-Cola acquires full ownership of dairy brand Fairlife
The soda giant previously owned a 42.5% minority stake and decided to buy the rest of the ultra-filtered dairy business as part of its push to become a more diversified beverage company.
By Lillianna Byington • Jan. 7, 2020 -
Nesquik debuts chocolate oat milk GoodNes
The Nestlé brand's non-dairy option has 6 grams of the plant-based grain and pea protein per cup as well as 40% less sugar than chocolate almond milk.
By Jessi Devenyns • Jan. 7, 2020