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

PepsiCo's 12% increase in ad spending fuels sales growth

The food and beverage giant's net sales rose 4.3% to $17.2 billion in Q3 while its profit narrowed.

By Robert Williams • Oct. 4, 2019

Explore the 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

Leftovers: Hershey and Yuengling make chocolate porter; veggies play Peekaboo in ice cream

The two venerated Pennsylvania companies spent almost a year on this mashup, and Jack Daniel's hopes drinkers will fall for its new apple whiskey.

By Food Dive staff • Oct. 4, 2019

Bolthouse Farms will launch CBD products next year

Less than a year after selling off the maker of juices, coffees, salad dressings and plant-based milk, Campbell Soup may regret divesting the brand — especially if this new line is successful.

By Jessi Devenyns • Oct. 3, 2019

Coca-Cola Energy powers its way to the US next year

The Atlanta company sees this launch as a way to bring Coke lovers into the energy drink market, but its impact on Monster — in which the soda giant holds a minority stake — is unclear.

By Jessi Devenyns • Oct. 2, 2019

Why is fresh fruit putting the squeeze on fruit juice?

The beverages have high sugar content and can be linked to health problems, but consumable produce can have the same issues.

By Cathy Siegner • Sept. 30, 2019

McCafé packaged coffee to be distributed by Keurig Dr Pepper

The previous partnership the fast food brand had with Kraft Heinz will end next year, the company says. 

By Lillianna Byington • Sept. 26, 2019

Blue California to commercialize production of allulose sweetener

The FDA said in April the ingredient was exempt from the "total sugars" and "added sugars" line on a label, potentially making it a more attractive option for food and beverage makers.

By Jessi Devenyns • Sept. 26, 2019

Kraft Heinz and Baileys launch non-alcoholic coffee line

This is the second time this year the Diageo-owned Irish cream liquor has licensed its flavor and name to create an indulgent all-hours and all-ages product. 

By Jessi Devenyns • Sept. 24, 2019

How Folgers has ushered in almost 170 years of happy mornings

The coffee brand has stayed on top through innovation and an eye on its rich history despite growing competition, new trends and shifts in how and where people drink the beverage.

By Megan Poinski • Sept. 23, 2019

Why Vita Coco's parent company hired the former Boston Beer CEO as president

In the newly created position at All Market Inc., Martin Roper will oversee operations and priorities for the New York-based beverage company.

By Cathy Siegner • Sept. 20, 2019

Leftovers: Kraft Heinz turns everything into bagels, Swiss Miss brings unicorn magic to hot cocoa

The Bagel That device — which makes anything appropriate for Philadelphia Cream Cheese — is sold on Amazon, and Drake's launches cookies and cream brownies.

By Food Dive staff • Sept. 20, 2019

Kerry ups its plant-based game with Radicle ingredients line

The company said these new items formulated both for dairy and meat analogs help provide more nutritious foods with authentic tastes and cleaner labels.

By Cathy Siegner • Sept. 19, 2019

Keurig Dr Pepper-backed firm launches smart nutrition bottle

LifeFuels, in which the soda giant invested last year, allows consumers to create personalized beverages on the go while tracking their hydration goals.

By Christopher Doering • Sept. 18, 2019

What happened to my Bud? Beverage makers flock to CBD-infused drinks

Beer and other drink companies are concerned that consumers would trade in their product for one with the cannabis compound —  providing the high but without the calories.

By Tom Newmaster • Sept. 17, 2019

Leftovers: Yogurt gets a caffeinated boost, MillerCoors brews hard coffee

Danone is launching Oikos Pro Fuel, a drinkable yogurt packed with 100 milligrams of caffeine; and Kellogg's Rice Krispies Treats partnered with Autism Speaks to create sensory love notes.

By Food Dive staff • Sept. 13, 2019

Red wine is good for the gut, UK study finds

Across three countries, researchers found more diverse microbiota — a signal of gut health — in nearly 3,000 people who drink red wine than those who don't.

By Cathy Siegner • Sept. 12, 2019

Alkaline Water Company buys celebrity-backed AQUAHydrate

Mark Wahlberg and Sean Combs, both part owners of the brand, will retain some shares as part of the all-stock deal. The new firm will have more than $65 million in sales in FY 2020.

By Megan Poinski • Sept. 10, 2019

Dean Foods decides against a sale after strategic review

After seven months, the Board of Directors chose to continue independent operations under the leadership of Eric Beringause, appointed CEO in July.

By Lillianna Byington • Sept. 9, 2019

Leftovers: Pickering's Gin makes Brussels sprouts go down easy; The New York Times scoops ice cream

The maligned vegetable flavors a holiday-themed alcoholic beverage sold inside an ornament, and Sanaía makes applesauce for grown-ups.

By Food Dive staff • Sept. 6, 2019

Judge bars AB InBev from using 'no corn syrup' labels

MillerCoors filed the lawsuit in March to retaliate for an attack in Bud Light's Super Bowl ad campaign for using the ingredient in the brewing process.

By Jessi Devenyns • Sept. 5, 2019

Another study links soda consumption to risk of death

Published in JAMA, the research tracked the health of 452,000 people from 10 European countries for 18 years. 

By Jessi Devenyns • Sept. 4, 2019

Boston Beer is eyeing the cannabis market, CEO says

While Dave Burwick expressed interest in the trendy ingredient, he noted the company won't wade into the category for some time as it focuses on its popular hard seltzer.

By Cathy Siegner • Sept. 4, 2019

Constellation takes minority stake in Durham Distillery

By funding the North Carolina-based distiller, known for its gin and canned cocktails, the beverage company continues its recent investments in craft alcohol makers. 

By Jessi Devenyns • Sept. 3, 2019

Pernod Ricard to acquire Castle Brands for $223M

The French spirits company continues to grow its portfolio and expand its reach in whiskey with a string of acquisitions.

By Lillianna Byington • Aug. 29, 2019