Thirstie partners with AB InBev venture and raises $7M in funding

The partnership with the world's largest brewer will allow consumers to buy pods directly from Drinkworks.com to make beverages such as Stella Artois Cider or a Long Island iced tea on a machine at home. 

By Christopher Doering • March 19, 2019

Constellation sells wine brands to E. & J. Gallo for $1.1B

The companies revised their agreement from April to address Federal Trade Commission concerns about competition. The transaction is expected to close in fiscal 2020.

By Jessi Devenyns • Updated Dec. 12, 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: Elmhurst launches hemp creamer; Triscuit cracks into clusters

The company that ditched its cows to follow the plant-based trend creates a way for people to enjoy their morning beverage with hemp and sugar, and functional coffee gets supercharged with vitamins.

By Food Dive staff • March 15, 2019

Is LaCroix losing its fizz?

The CEO of National Beverage Corporation, which makes the sparkling water brand, blamed "injustice" for its disappointing third-quarter sales.

By Cathy Siegner • March 11, 2019

From CBD to plant based: 4 trends that dominated Expo West in 2019

The topics were among those prominent at the five-day conference in California that included thousands of exhibitors launching new products and panel discussions on what's next for food and beverages.

By Lillianna Byington • March 11, 2019

Leftovers: On (Mayo)cue, Kraft Heinz launches new sauces; Marathon-inspired beer goes the distance

The CPG giant does what it thinks it (Mayo)must with internal innovation, and Frito-Lay shoots Cheetos Flamin' Hot Asteroids back into the atmosphere.

By Food Dive staff • March 8, 2019

Brown-Forman taps into data analytics to launch rye whiskey brand

The maker of Jack Daniel's, Old Forester and Woodford Reserve used consumer, production and sales data to determine if the U.S. market had room for another beverage line.

By Cathy Siegner • Feb. 28, 2019

Dairy group urges FDA to crack down on use of terms on non-milk products

The National Milk Producers Federation said agency rules require products to use the word "imitation" if they reference a standardized dairy food but don't have the same nutritional value.

By Cathy Siegner • Feb. 28, 2019

Top takeaways from TTB's proposed labeling modernization: What alcoholic beverage companies need to know

The primary goal is to make rules simpler and clearer for business owners so compliance will be easier. Three members of Hogan Lovells IP practice explain what's in the proposal and how to comment on it.

By Brendan Quinn, Veronica Colas and Andrea DiSandro • Feb. 27, 2019

Dean Foods explores 'strategic alternatives,' including sale

The company, which owns more than 50 dairy brands, private labels and legacy products, reported a net income loss of $260.1 million in fourth quarter earnings Wednesday. 

By Lillianna Byington • Feb. 27, 2019

Why lab-created milk is a threat to dairy farmers

While plant-based alternatives are stealing market share from creameries, California-based Perfect Day could hold the key to the largest decline of all.

By Cathy Siegner • Feb. 26, 2019

Glyphosate is in most beer and wine, study says

On the same day a federal trial against Roundup owner Bayer started, the report from U.S. PIRG recommends that use of the weed killer be banned.

By Cathy Siegner • Feb. 26, 2019

How effective are soda taxes in reducing consumption of sugary drinks?

Four years after the first tax was implemented, researchers are looking to see if they work well in the long term.

By Jessi Devenyns • Feb. 25, 2019

Kraft Heinz considers options for Maxwell House, including sale

CNBC said the 127-year old brand, which could fetch $3 billion from a buyer, may be the first in a series of divestitures for the troubled CPG giant. 

By Christopher Doering • Feb. 25, 2019

Califia Farms to unveil line of protein-enriched oat beverages

The company will debut three varieties of its Übermilk beverage this spring, all with less sugar and more fiber, calcium and vitamin D than the same amount of 2% dairy milk.

By Cathy Siegner • Feb. 22, 2019

Canopy Growth CEO: Cannabis hasn't caught the attention of Big Food — yet

While beer and tobacco have looked into marijuana, Bruce Linton said the substance hasn't had a significantly disruptive impact on most CPG companies. 

By Christopher Doering • Updated June 17, 2019

Hormel to sell its CytoSport business to Pepsi

The company is selling the Muscle Milk maker to the soft drink and snacks giant for $465 million. 

By Lillianna Byington • Updated Feb. 21, 2019

Danone taps portfolio of 'tools and weapons' to serve changing consumer tastes

Mariano Lozano, CEO of the French giant's North American operations, said the company benefits from its diverse set of options, including probiotics, grass-fed, organic, non-GMO, low sugar, plant-based and traditional dairy.

By Christopher Doering • Feb. 19, 2019

Can whole milk in schools help the dairy industry?

A new bill in the House of Representatives seeks to add the beverage to cafeteria menus nationwide, but it's unclear if it could turn the tide for the ailing segment.

By Jessi Devenyns • Feb. 19, 2019

What is 'milk'? Danone and Chobani take opposing viewpoints

While both companies are known for their yogurt, the one with a large plant-based arm feels there is no consumer confusion, while the other sharply disagrees.

By Jessi Devenyns • Feb. 15, 2019

Colleges tap growing need for beer industry education

Demand for a more skilled workforce is spurring states and their higher ed institutions to develop opportunities for brewers to level up.

By Hallie Busta • Feb. 15, 2019

Leftovers: Chicken and Waffles come to cereal, chocolate milk for adults

Post once again shakes up the cereal aisle — this time with flavors from two savory brunch staples; Reese's offers words of encouragement with a peanut butter bar.

By Food Dive staff • Feb. 15, 2019

Devils Backbone brings beer packaging to life with AR

The craft brewer invites mobile users to immerse themselves in 3D animation while enjoying a cold one.

By Robert Williams • Feb. 14, 2019

Coca-Cola soda sales slide in Q4 as 2019 outlook disappoints

Despite a drop in its core sparkling business, the beverage giant benefited from growth in coffee, water, sports drinks and teas. 

By Christopher Doering • Feb. 14, 2019

Bye-bye beans: Atomo Coffee recreates the classic drink from the molecular level

The startup has its eyes on sustainability, threats to crops from global warming and using science to create a better-tasting cup of joe.

By Megan Poinski • Feb. 14, 2019