Beverages: Page 76
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Coca-Cola income surges amid strong demand for soda
During the third quarter, the Atlanta beverage giant said sales of sparkling soft drinks rose 2%; water, enhanced water and sports drinks grew 5%; while tea and coffee declined 2%.
By Christopher Doering • Oct. 30, 2018 -
Should consumers worry about glyphosate residue in food and beverages?
A new study shows levels of the chemical in orange juice declined from a year ago, but the debate continues about how much is considered safe.
By Cathy Siegner • Oct. 29, 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 -
Boston Beer Q3 revenue up 24% with growth in its non-beer portfolio
Truly Spiked & Sparkling, Twisted Tea and Angry Orchard brands continue to be bright spots in its earnings, and offset decreases from Samuel Adams.
By Lillianna Byington • Oct. 26, 2018 -
Enzyme reduces sugar content in orange juice by up to 80%
Better Juice, an Israel-based company, plans to market a device with the technology to fruit juice producers and eventually to cafés and restaurants.
By Cathy Siegner • Oct. 25, 2018 -
AB InBev halves dividend as beer sales slide in US market
The world's largest brewer, which merged with SABMiller in 2016, said it would "consider suitable opportunities (in M&A) when and if they arise."
By Christopher Doering • Oct. 25, 2018 -
Nestlé USA chief hints more price increases may be on the horizon
CEO Steve Presley said after responding too slowly to consumer trends and falling behind upstarts, large food companies like his have done a better job making their brands more relevant.
By Christopher Doering • Oct. 25, 2018 -
Mr. IPA-Nut brings Planters peanuts to craft beer
The Kraft Heinz brand's collaboration with Noon Whistle Brewery will be available for a limited time at stores in the Chicago area.
By Jessi Devenyns • Oct. 24, 2018 -
Constellation looks to sell US wine brands
The maker of Modelo and Corona beers is reportedly hoping to make a deal for more than $3 billion, sources told Reuters.
By Lillianna Byington • Oct. 22, 2018 -
Deep Dive
The Honest truth: How a tiny tea company is poised to become one of Coca-Cola's next $1B brands
As more stores carried its products and sports drinks, lemonades and kids beverages were added to the lineup, revenue has soared from $38 million a decade ago to more than $500 million today.
By Christopher Doering • Oct. 22, 2018 -
Retrieved from Nestle on October 18, 2018
Nestlé's sales perk up 2.9% with growth in coffee and the North American sector
CEO Mark Schneider said in a release that this quarter's increases were "supported by disciplined execution and faster innovation."
By Lillianna Byington • Oct. 18, 2018 -
Time to ban dihydrogen monoxide? Consumers take clean label to extremes
Some additives, artificial colors and flavors are being taken out of food products to appease shoppers who want healthy and recognizable ingredients.
By Cathy Siegner • Oct. 18, 2018 -
Constellation chief to step down in March, COO to assume top post
The change in the c-suite comes as the brewer of Corona and Modelo Especial makes a $4 billion bet on the burgeoning cannabis industry.
By Christopher Doering • Oct. 18, 2018 -
All tapped out? Global warming could impact world beer supply
A new study found that drought and heat could hurt barley crops enough to spike prices and decrease the amount made by the end of the century.
By Lillianna Byington • Oct. 17, 2018 -
Q&A
Tetra Pak thinking outside the box as sustainable packaging demand grows
Gustaf Rabe, the company's VP of aseptic sales in the U.S. and Canada, discusses how it's embracing current trends through the use of plant-based plastics and modernized designs.
By Krishna Thakker • Oct. 15, 2018 -
Glanbia buys SlimFast for $350M
The Irish nutrition company is buying the former weight loss titan from Kainos Capital for about 15% of what Unilever paid for it in 2000.
By Lillianna Byington • Oct. 12, 2018 -
Heineken bringing its nonalcoholic beer to US in January
The Dutch brewer hopes Heineken 0.0 will see success here similar to the other countries where it's sold, drawing consumers away from wine, spirits and hard seltzers.
By Cathy Siegner • Oct. 12, 2018 -
Survey: Most consumers aren't confused about dairy terms for plant-based alternatives
The International Food Information Council found about three-quarters of consumers know beverages like almond milk don't contain anything from a cow.
By Cathy Siegner • Oct. 12, 2018 -
Column
Leftovers: A Halloween visit to the ice cream graveyard
It's October, meaning it's time to get scary with visits from the ghosts of flavors past and a sweet reaper.
By Food Dive staff • Oct. 12, 2018 -
Soylent goes mostly non-GMO in the UK
The U.S.-based maker of meal-replacement beverages, known for its support of using science to make better plants for food, has switched out seven bioengineered ingredients to comply with British regulations.
By Cathy Siegner • Oct. 11, 2018 -
Report: US beer volume has declined for 5 years straight
Craft and imported brews and flavored malt beverages were the bright spots in 2017, according to the Beverage Information Group's 2018 Beer Handbook.
By Cathy Siegner • Oct. 11, 2018 -
Retrieved from Nestle on October 10, 2018
Nestlé bets on coffee as the next winner in the craft evolution
In the last two years, the Swiss company has taken a stake in Blue Bottle, purchased Chameleon Cold-Brew and spent $7.15 billion on Starbucks' retail products.
By Christopher Doering • Oct. 11, 2018 -
More than 4 in 10 Americans are willing to try foods made with cannabis
The study of 1,000 people found 26% would consume it in place of beer, and 23% instead of wine and spirits.
By Christopher Doering • Oct. 10, 2018 -
LaCroix faces lawsuit for allegedly mislabeling its water as natural
The complaint says the National Beverage drink includes non-natural and synthetic compounds, including linalool used in cockroach insecticide. The company has denied the allegations.
By Cathy Siegner • Oct. 8, 2018 -
Retrieved from General Mills on October 04, 2018
ColumnLeftovers: Silly people! Fruit-shaped Trix and beer are for breakfast!
Food Dive is launching a column looking at the new products appearing on shelves everywhere, starting with options for the morning and food showing some new color.
By Food Dive staff • Oct. 5, 2018 -
Campbell Soup may sell Fresh division to former Bolthouse CEO
The soup maker, which purchased the business for $1.55 billion in 2012, could now get between $500 million and $700 million for the entire unit, according to The Wall Street Journal.
By Christopher Doering • Oct. 4, 2018