Beverages: Page 65
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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 -
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 -
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 -
Retrieved from PepsiCo on April 23, 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 -
Column
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 -
Retrieved from Coca-Cola on October 01, 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