Spindrift secures $29.8M as the sparkling water category grows

This is the biggest single funding round for the brand, which launched in 2010 and flavors its beverages with real squeezed fruit.

By Lillianna Byington • March 10, 2020

Coca-Cola will link executive pay to company employees

The New York State Common Retirement Fund, one of the beverage giant's top 50 shareholders, pushed for the change, saying top-level pay has soared while average wages have made minimal gains.

By Christopher Doering • March 10, 2020

Explore the Trendline➔

Inside the functional beverage frenzy

Major companies like PepsiCo and Monster are adding ingredients to boost emotional or physical wellness as consumers demand more out of their drinks.

By Food Dive staff

Will LQD craft malt beverages help Anheuser Busch reimagine alcohol?

The first products from the new line include Hard Agave Limeade, Hard Passion Fruit Green Tea and Hard Hibiscus Green Tea and contain 5.2% to 5.9% ABV.

By Cathy Siegner • March 10, 2020

French dairy firm Lactalis aims for bigger presence in US

Even after the acquisitions of Stonyfield and Siggi's, the yogurt and cheese maker aims to double its North American sales to $6 billion through M&A and internal innovation.

By Christopher Doering • March 9, 2020

Leftovers: LaCroix turns 'UP!!' innovation; Dymatize gives consumers a yabba-dabba-doo time

The always-over-the-top sparkling water brand introduces LimonCello and Pastèque flavors, and Sliq is the freezer pops consumers loved as kids all grown up.

By Food Dive staff • March 6, 2020

Constellation announces minority stake in Karma Wellness Water

This is the beverage giant's first nonalcoholic investment, and it's launching a marketing campaign focusing on its patented push cap, which delivers vitamins and probiotics when twisted.

By Cathy Siegner • March 6, 2020

Nestlé to close New York water bottling plant with 105 employees

The Swiss company said in a filing with the state's Department of Labor the facility in Elmsford will close June 1.

By Christopher Doering • Updated March 6, 2020

How two years of changes in dairy led to two major bankruptcies

Struggling with competition from milk alternatives, innovative startups and private label, this timeline shows how Borden and Dean Foods got here and what’s next for the industry.

By Nami Sumida, Lillianna Byington • March 4, 2020

Campbell Soup names head of its $4B snacking division

The maker of Pepperidge Farm cookies and Goldfish crackers said starting March 9, CPG veteran Valerie Oswalt will oversee the segment responsible for nearly half of its sales. 

By Christopher Doering • March 4, 2020

Budweiser tries to energize sales with nitro-infused golden lager

The beverage giant's offering taps into the premiumization trend while directing consumers to break beer protocols by shaking the can before pouring it down the middle of the glass.

By Christopher Doering • March 4, 2020

Corona continues 'Coming Ashore' campaign amid coronavirus-related backlash

The company said its loyal consumers understand there isn't a link between the deadly virus and its beer.

By Robert Williams • March 2, 2020

PepsiCo tests recyclable rings made from molded pulp

The soda and snacks giant said the trial of the new material in Sacramento for a month will replace plastic that is typically used on the company's 7.5-ounce six-packs of Pepsi and Sierra Mist.

By Cathy Siegner • March 2, 2020

SodaStream names 1st US CMO as PepsiCo amplifies sustainability mission

Matt Kahn previously served as VP of marketing at Heineken, where he helped develop Dos Equis' famous "Most Interesting Man" campaign.

By Peter Adams • Feb. 28, 2020

Rebbl switches to 100% recycled and recyclable plastic bottles

The maker of organic plant-based beverages said its new Green Packaging Initiative conserves resources and reduces materials going to landfills.

By Cathy Siegner • Feb. 28, 2020

Leftovers: Taco Bell's new cheese snack is all crunch, no chip; 'The Bachelor' host offers a rosé

The restaurant brand hits shelves with a keto-friendly offering inspired by its hot sauce flavors, and RXBAR bites into small-batch varieties.

By Food Dive staff • Feb. 28, 2020

Socati launches CBD-infused sweetener for hot beverages

The company's chief revenue officer said the market opportunity for coffee additives is significant and interest by CPG companies remains high despite legal uncertainty. 

By Lillianna Byington • Feb. 26, 2020

Coca-Cola tests kombucha-like juice with less sugar

The beverage giant, which is rolling out the product in grocery and convenience stores in Texas and California, developed the drink in conjunction with its Minute Maid brand. 

By Christopher Doering • Feb. 26, 2020

Tecate shifts focus to Mexican-American heritage, leaving macho messaging in rearview

To position itself as culturally relevant, the brand is launching an extensive campaign and dropping its boxing sponsorships to focus on soccer and music.

By Peter Adams • Feb. 24, 2020

Big CPGs warn of financial hit from coronavirus as global outbreak worsens

Coca-Cola, Mondelez, Unilever and General Mills were among the companies who said the epidemic has reduced sales in China.

By Christopher Doering • Feb. 24, 2020

Has LaCroix found 'vindication' from the withdrawal of a consumer lawsuit over its 'natural' claim?

The plaintiff said she could not determine whether the beverage contained synthetic ingredients, but the sparkling water brand still faces other challenges.

By Lillianna Byington • Feb. 20, 2020

Diageo pays $5M fine to settle SEC investigation

The regulator said the global spirits giant pressured U.S. distributors to buy more than they needed in order to meet internal sales targets in 2014 and 2015.

By Megan Poinski • Feb. 20, 2020

Silk puts plant-based first in RTD coffee launch

The Danone-owned brand's new drink emphasizes oat and almond milk, but offers few details about the source or roast of the beans.

By Cathy Siegner • Feb. 19, 2020

Dean Foods to sell assets to Dairy Farmers of America for $425M

If the deal goes through, the cooperative will acquire 44 of the company’s fluid and frozen facilities after the processor filed for bankruptcy in November. 

By Lillianna Byington • Feb. 18, 2020

Sprite Ginger debuts with streetwear line, wide-ranging marketing push

The Coca-Cola​ brand dropped hints on social media and outdoor ads to build excitement around the drink and clothes in the weeks leading up to the release.

By Dianna Christie • Feb. 14, 2020

Leftovers: Declare love with a bouquet of Tyson chicken nuggets; Ocean Spray juices up with coffee

The meat processor will award $10,000 and a year's supply of nuggets for the most romantic take on its product, and Hi-Chew creates tropical blends to fight the winter blahs.

By Food Dive staff • Feb. 14, 2020