Beverages: Page 74
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Danone introduces Oat Yeah as the grain becomes the next big milk alternative
Oat milk had 32.5% growth in the previous year,and manufacturers including PepsiCo, Elmhurst, Thrive Market, Pacific Foods and Happy Planet are getting into the space.
By Cathy Siegner • Jan. 2, 2019 -
Our best stories of 2018
From massive c-suite changes to huge deals, here are Food Dive's top stories from 2018, a quick tour of some of what made last year so exciting — and tumultuous.
By Food Dive staff • Dec. 21, 2018 -
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 -
Coke leads $15M investment round in Dirty Lemon maker
Iris Nova focuses on cashierless, text-to-pay consumer goods and has grown the popularity of its brands through platforms like Instagram.
By Peter Adams • Dec. 21, 2018 -
PepsiCo splits leadership roles for US snacks and beverages
The company said Vivek Sankaran will become CEO of Frito-Lay North America and Kirk Tanner will lead its North America Beverages unit, replacing Al Carey, who is retiring.
By Christopher Doering • Dec. 21, 2018 -
Peet's snags majority stake in Revive kombucha
After investing $7.5 million last year, the coffee chain took a bigger bite out of the craft kombucha brewer, which has grown 168% in the past year.
By Kristine Sherred • Dec. 21, 2018 -
Now that hemp and CBD are legal, what comes next for food and beverage?
With the 2018 Farm Bill signed into law, the cannabis plant can be legally regulated by state and tribal governments and commercialized in foods and dietary supplements — unless the FDA objects.
By Cathy Siegner • Dec. 20, 2018 -
Conagra profit plunges 41% as it begins integration of Pinnacle
The maker of Banquet and Slim Jim raised prices during the quarter for some of its legacy brands as the Chicago company faced higher transportation, input and retailer marketing costs.
By Christopher Doering • Dec. 20, 2018 -
AB InBev and Tilray plan to launch CBD-infused drinks in Canada
Their joint venture, Fluent Beverage Company, will sell the products as early as December and come after the companies spent $100 million last year to study cannabis beverages.
By Christopher Doering • Updated Oct. 11, 2019 -
Deep Dive
Why cannabis is more than just a buzzy investment for food and beverage companies
Changing attitudes, consumer acceptance and legalization have shifted the substance's domain from lazy stoners to big businesses.
By Megan Poinski • Updated June 17, 2019 -
Absolut pressure: Activist fund Elliott takes stake in Pernod Ricard
It said the French alcohol giant has "significant potential for improvement" after recently underperforming and losing market share.
By Lillianna Byington • Dec. 13, 2018 -
Smokeless smoke to heat up as a flavor trend in 2019
Already popular in meats, seasonings, sauces, cheeses, honey and salt, the taste could soon make its way into dessert and beverage products.
By Cathy Siegner • Dec. 13, 2018 -
Opinion
How the 'non-GMO' plague is shifting from the food to the beverage industry
The claim may sound buzzy, but dietitian and GMO Answers volunteer Neva Cochran writes that it makes little difference — and is often meaningless.
By Neva Cochran • Dec. 12, 2018 -
Hain Celestial settles SEC charges over lax internal controls
The U.S. Securities and Exchange Commission said it did not fine the company following its "extensive cooperation." The food maker neither admitted nor denied the findings.
By Christopher Doering • Dec. 12, 2018 -
Monster Energy drink didn't cause heart attack, jury finds
The 18-year-old plaintiff faulted the energy drink company for not disclosing the amount of caffeine in the beverage — or its potential consequences.
By Jessi Devenyns • Dec. 11, 2018 -
Constellation pours $100M into female-led alcohol brands
The company's first investments in this initiative are Austin Cocktails, which makes bottled craft cocktails and Vivify Beverages, which makes hard sodas.
By Lillianna Byington • Dec. 7, 2018 -
Ethnic and better-for-you flavors dominate Comax's 2019 predictions
The company's four flavor collections for next year include ideas for beverages, meatless meals and multicultural and functional applications.
By Cathy Siegner • Dec. 6, 2018 -
Why gut-friendly foods are a top trend
Probiotics are likely to find their way into more foods as new strains are cultivated that can be added to shelf-stable food and drink, trendmakers say.
By Nina Sparling • Dec. 6, 2018 -
Dive Awards
Disruptor of the Year: Constellation Brands
The alcohol giant's $3.9 billion investment in cannabis producer Canopy Growth has sparked a wave of marijuana innovation by U.S. beer brands, and could give it a first-mover advantage in the budding category.
By Emma Liem Beckett • Dec. 3, 2018 -
Maxwell House's labor-focused campaign drives purchase intent, ad awareness, analysis finds
Since the campaign launched around Labor Day, ad awareness for the coffee brand increased from 12% to 18%, and purchase consideration increased from 17% to 22%.
By Erica Sweeney • Nov. 30, 2018 -
Column
Leftovers: Sour, sweet, cereal?
Sour Patch Kids is becoming a cereal, one lucky fan may be grateful for Cherry Garcia ice cream sales and Oreo launches a powdered drink mix for that just-dipped-cookies-in-it taste.
By Food Dive staff • Nov. 30, 2018 -
Mintel: Consumers want to eat and drink at the fountain of youth
The research firm calls functional foods and beverages that will forestall the aging process — which are nutritious, flavorful and easy to consume — one of its top trends for 2019.
By Cathy Siegner • Nov. 29, 2018 -
Deep Dive
Campbell Soup interim CEO focused on turnaround, but 'much more work lies ahead'
While the maker of namesake soups, V8 drinks and Emerald nuts has made progress implementing changes at the nearly 150-year old company, Keith McLoughlin told shareholders it's too early to declare victory.
By Christopher Doering • Nov. 29, 2018 -
Campbell Soup reaches deal with Third Point, ending proxy fight
The soup and snacks maker will add two of the hedge fund's nominees to its board and give the activist the opportunity to provide input as the CPG giant searches for a new CEO.
By Christopher Doering • Nov. 27, 2018 -
Beyond Meat's future has ties to a successful tea maker
Seth Goldman founded organic tea maker Honest two decades ago. Today, he has an executive role at the maker of plant-based products and notes the many similarities between the two companies.
By Christopher Doering • Nov. 26, 2018 -
Campbell Soup Q1 profit slides as key shareholder vote looms
The company, which is engaged in a bitter proxy fight with hedge fund Third Point, said soup sales fell 6% during the quarter but are showing signs of improving.
By Christopher Doering • Nov. 20, 2018