Beverages: Page 61
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Consumer appeal brings Bananamilk maker Mooala $8.3M in funding round
The maker of organic and dairy-free beverages will use the money to expand into new markets, accelerate product development and hire employees.
By Cathy Siegner • Nov. 6, 2019 -
Column
Leftovers: Candy corn gets a makeover; Halo Top launches premium version
Ferrara, which makes Brach's Candy Corn, introduced six new versions of the sweet, and Dwayne "The Rock" Johnson is launching his own brand of tequila.
By Food Dive staff • Nov. 1, 2019 -
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 -
Tetra Pak study ranks environment as top concern for consumers
The packaging company found the most successful brands will be those that can show they have a purpose and are making a positive contribution to society, in addition to having a good product.
By Jessi Devenyns • Nov. 1, 2019 -
Monster gives energy drinks a jolt with new oat milk blend variety
Facing increased competition from Coca-Cola and even Amazon, the beverage giant is under pressure to innovate its product offerings.
By Jessi Devenyns • Oct. 31, 2019 -
Beverage giants pledge $100M to capture more PET bottles with major recycling groups
Amid growing attention around single-use plastic waste, Coca-Cola, PepsiCo and Keurig Dr Pepper are funding a new voluntary effort. The Recycling Partnership and Closed Loop Partners will manage the initiative.
By E.A. Crunden • Oct. 30, 2019 -
Report: Awareness of water risks is rising in food and beverage, but more progress is needed
Sustainability nonprofit Ceres found 77% of 35 publicly traded food and beverage companies consider it to be a potential issue in financial filings, an increase from 59% two years ago.
By Cathy Siegner • Oct. 30, 2019 -
Molson Coors to cut up to 500 jobs in massive restructuring
The brewer also announced it will consolidate its North American headquarters to Chicago and change its name to reflect its decision to expand beyond beer.
By Christopher Doering • Oct. 30, 2019 -
Study: While soda taxes reduce consumption, they may not deliver intended results
Researchers from Mathematica, Cornell University and the University of Iowa found fewer sugary beverage purchases in Philadelphia and Oakland, California — but more people shopped in areas without the tax.
By Cathy Siegner • Oct. 29, 2019 -
Yerba mate beverage maker Clean Cause gets $7M in funding round
The Texas-based maker of organic sparkling drinks will expand sales and marketing and add to the 6,000 locations where products are sold.
By Cathy Siegner • Oct. 28, 2019 -
Health-Ade Kombucha settles alcohol and sugar level lawsuits for $4M
The company denied any wrongdoing, but agreed to a formulation change and a warning statement on the bottle for the next year.
By Jessi Devenyns • Oct. 28, 2019 -
Deep Dive
How soda gets healthy: Remaking the classic beverage with less sugar, more benefits
The drink has long been panned for its association with diseases, but upstarts are trying to redefine the category.
By Christopher Doering • Oct. 28, 2019 -
Column
Leftovers: Rockettes-inspired cookies and gingerbread eggnog kick off the holiday season
Who cares that it's not even Halloween yet? It's two months before Christmas, meaning time for festive food and drink to come to grocery shelves.
By Food Dive staff • Oct. 25, 2019 -
PepsiCo rolls out its best known drinks for SodaStream
The launch, starting in Europe, is not surprising since the soft drink giant purchased the at-home carbonated water maker for $3.2 billion last year.
By Jessi Devenyns • Oct. 24, 2019 -
Cargill develops a more sugar-like stevia ingredient
The company said it created a botanical extract that when combined with its EverSweet sweetener results in a solution that is up to 30% stevia.
By Cathy Siegner • Oct. 24, 2019 -
Will the instant Nestea relaunch be successful?
New Age Beverages is bringing powdered iced tea mix products back to the market through retail outlets and e-commerce.
By Cathy Siegner • Oct. 21, 2019 -
Molson Coors will launch CBD-infused water in Canada through joint venture
Flow Glow will be available across the country in December and is the first of six cannabis beverage brands from Truss Beverage Co., the beer giant's partnership with Hexo Corp.
By Cathy Siegner • Oct. 21, 2019 -
AB InBev claims MillerCoors stole secret beer recipes
A counterclaim in the lawsuit about a Super Bowl advertisement indicates MillerCoors's C-suite asked a former employee of the brewery that makes Bud Lite about the ingredients, processes and alcohol volumes of the beverage.
By Cathy Siegner • Oct. 21, 2019 -
Nestlé aims to quench sagging water sales by restructuring
The Swiss food giant will shift from a globally managed business to a more localized one, bringing the company closer to the customer and allowing it to focus on higher-margin products.
By Jessi Devenyns • Oct. 18, 2019 -
How a Supreme Court case about water pollution could impact craft beer
If the Clean Water Act doesn't require wastewater plants to get federal permits to indirectly discharge treated sewage, 60 brewers argue, it will eventually harm the water they rely on.
By Cathy Siegner • Oct. 17, 2019 -
How Coca-Cola Tic Tacs can open impulse buying happiness
The iconic-soft-drink-flavored mints from Ferrero will be available in 70 countries in the next few months.
By Jessi Devenyns • Oct. 15, 2019 -
Carlsberg debuts sustainable paper bottle prototype
The Danish brewer has been working on the idea since 2015 and is now testing out two versions, both made from sustainably sourced wood fiber.
By Jessi Devenyns • Oct. 14, 2019 -
White Claw hard seltzer cut media spending 30% as brand's popularity surged, study says
Across the "malternative" category, ad spending jumped 21% as several big brands vied for a share of exploding sales.
By Robert Williams • Oct. 10, 2019 -
DC's proposed excise tax could hike prices of soda and other sugary drinks
Council members are weighing a 1.5 cent-per-ounce duty on sweetened beverages, which would add about $1 to the price of a 2-liter bottle.
By Cathy Siegner • Oct. 9, 2019 -
Will Canopy Growth continue to drag down Constellation's earnings?
The alcohol giant exceeded expectations in its report last week, but revealed a $484.4 million loss on its cannabis investment. Analysts say that trend could continue in the near term.
By Lillianna Byington • Oct. 9, 2019 -
Canopy Growth buys majority stake in BioSteel Sports Nutrition
The all-cash purchase of 72% of the sports drink, protein and supplements company lays the groundwork to put CBD in future products.
By Cathy Siegner • Oct. 9, 2019
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