Nestlé looks to functionality and caffeine to refresh its water business

As sales in the category struggle, the Swiss company will introduce two new lines of the bottled beverage in 2020, Poland Spring energy water and Nestlé Pure Life Plus.

By Jessi Devenyns • Dec. 10, 2019

Storytelling is the top product trend for 2020, Innova says

The market research firm found companies that establish dialogues with their consumers are the most likely to connect and forge long-term loyalty.

By Jessi Devenyns • Dec. 10, 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

Canopy Growth taps Constellation Brands' David Klein as CEO

Mark Zekulin, who became the sole chief executive of the cannabis company when Bruce Linton ​was fired from his position earlier this year, will be stepping down this month.

By Lillianna Byington • Dec. 9, 2019

Company of the Year: Chobani

During the last year, the yogurt giant has accelerated innovation beyond its signature Greek variety, expanding into offerings made with plants, oats and nut butters.

By Christopher Doering • Dec. 9, 2019

The Food Dive Awards for 2019

From Chobani's innovation in yogurt to Beyond Meat's plant-based disruption, these are the companies and executives that shaped the food industry this year.

Dec. 9, 2019

Executive of the Year: James Quincey, Coca-Cola

Since he became CEO in May 2017, Quincey has added coffee, sports drinks and sparkling water to its portfolio while innovating some of its key brands such as Diet Coke.

By Christopher Doering • Dec. 9, 2019

Startup of the Year: Ceria Brewing Co.

After launching last year, the fast-growing company has unveiled a lucrative THC-infused craft beer, expanded distribution and debuted a trendy non-infused nonalcoholic ale.

By Lillianna Byington • Dec. 9, 2019

Deal of the Year: Ferrero buys Kellogg's cookie brands

The $1.3 billion deal brings Keebler and Famous Amos to the maker of Nutella and Ferrero Rocher's portfolio, while the cereal CPG giant can focus on its core business.

By Lillianna Byington • Dec. 9, 2019

Disruptor of the Year: Beyond Meat

The company made 2019 the year of the plant-based burger with products appearing in grocery stores and restaurants nationwide and one of the year's hottest IPOs, which turned the eyes of many toward the segment.

By Megan Poinski • Dec. 9, 2019

Barry Callebaut sourcing more than half of its ingredients sustainably

Antoine de Saint-Affrique, CEO of the chocolate leader, said the company is "well on track" to have 100% produced this way by 2025.

By Jessi Devenyns • Dec. 5, 2019

White Claw, Impossible Foods and Kind Snacks are among 2019's fastest growing brands

The food and beverage industry dominated Morning Consult's annual rankings, with 11 of the top 20 spots going to CPG brands and delivery services.

By Lillianna Byington • Dec. 5, 2019

Nestlé brings plant-based meat to iconic brands

After launching its first beef-like offering under its Sweet Earth banner in October, the food giant is introducing DiGiorno Rising Crust Meatless Supreme and Stouffer's Meatless Lasagna.

By Christopher Doering • Dec. 4, 2019

Constellation tosses Ballast Point to a Chicago-based craft brewer

In announcing the sale to Kings & Convicts Brewing Co., the alcohol giant's CEO Bill Newlands said trends have changed dramatically since the company bought the brand for $1 billion in 2015.

By Megan Poinski • Dec. 4, 2019

Former Bumble Bee CEO sentenced to 40 months in prison

Chris Lischewski, who was convicted of conspiring to fix canned tuna prices after a four-week trial in December, was also ordered to pay a $100,000 fine.

By Lillianna Byington • Updated June 16, 2020

Noosa boosts protein content with launch of HiLo yogurt

The new brand, which features 12 grams of the essential nutrient and 12 grams of sugar per cup, is aimed at more health-conscious consumers.

By Jessi Devenyns • Dec. 3, 2019

PepsiCo buys PopCorners maker BFY Brands

After the deal is completed, the snacks, which include the popcorn crisps, Flourish Veggie Crisps and Flex Protein Crisps, will operate under the Frito-Lay North America umbrella.

By Megan Poinski • Dec. 3, 2019

How to have nearly 50 years of success in plant-based food: Follow Your Heart

With unflinching ethics and a commitment to sustainability, the company that practically started the animal-free segment grew from a vegetarian lunch counter to a grocery store CPG staple, selling Vegenaise, cheeses and yogurts.

By Megan Poinski • Dec. 3, 2019

Molson Coors moves beyond beer with hard coffee launch

As the popularity of core brews such as Coors Light and Miller Lite wanes, the beverage giant has been expanding into other alcoholic options to grow.

By Jessi Devenyns • Dec. 3, 2019

Hostess buys cookie maker Voortman for $320M

The purchase of the wafer and sugar-free cookie company expands the Twinkie manufacturer's reach in sweet baked goods.

By Christopher Doering • Updated Jan. 7, 2020

Halo Top plans Chicago plant closure and layoffs starting next month

The ice cream maker will permanently close the production facility and cut 28 workers between Dec. 28 and March 13, according to an Illinois WARN notice. 

By Cathy Siegner • Nov. 27, 2019

Report: Goya Foods rejects sale to retain family leadership

The New York Post quoted sources saying The Carlyle Group, in talks to buy the company, had plans to take charge of the Latin American food giant and eventually take it public.

By Cathy Siegner • Nov. 27, 2019

Impossible Foods aims for up to $5B valuation with latest funding round

The maker of plant-based meats is looking to raise between $300 million and $400 million, according to Reuters. This could more than double the $2 billion valuation the company had in May.

By Jessi Devenyns • Nov. 26, 2019

Nestlé partners with college on microbiome research

The Swiss food giant said the goal of the partnership with the University of California San Diego is to develop nutritional offerings that promote health and well-being.

By Cathy Siegner • Nov. 26, 2019

Meal kit maker Purple Carrot debuts plant-based incubator

Participating startups will get support for branding, marketing, e-commerce, operations and data analytics, and receive up to $250,000 in seed funding.

By Jessi Devenyns • Nov. 25, 2019

Cannabis is hot, so why are investors wary?

The regulatory gray area for the substance in food and beverage has led to hesitation, causing some brands to struggle with fundraising.

By Lillianna Byington • Nov. 25, 2019