Beverages: Page 25

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    Aspartame may cause cancer, but is safe within specific limits - WHO says

    Conflicting information from two groups at the health organization is likely to sow further confusion over whether it’s safe to consume the sugar alternative used in about 6,000 products globally.

    By • July 14, 2023
  • Coca-Cola
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    Christopher Doering/Food Dive
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    Coca-Cola, 8 bottlers form $137.7M venture capital fund focusing on sustainability investments

    Each of the nine entities, including the beverage giant, contributed about $15 million to the initiative. It will focus on five areas, including packaging, distribution and supply chain.

    By • July 12, 2023
  • Mergers and acquisitions Explore the Trendline➔
    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
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    Tim Boyle via Getty Images
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    Traceability company Oritain raises $57M to spur growth

    Food and beverage producers, such as A2 Milk and Nestlé’s Nescafe, depend on the firm to assure customers that the items they purchase are genuine and sourced ethically.

    By • July 12, 2023
  • Shelf tag for plant-based milk at a Giant Food in Washington, D.C.
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    Catherine Douglas Moran/Food Dive
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    Oatly taps Mars alum for CFO

    Marie-Jose David comes to the financial helm of the oat milk maker as the company looks to get “aggressive” this year.

    By Elizabeth Flood • July 10, 2023
  • Heineken
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    Retrieved from Heineken.
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    How Heineken disrupted the staid non-alcoholic beer industry

    While the brand was the best-selling offering in the category in 2022, Heineken 0.0 wasn’t always a sure thing for the Netherlands-based brewer. 

    By • July 10, 2023
  • PepsiCo
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    Courtesy of PepsiCo
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    Leftovers: Pepsi puts pineapple on top; Pillsbury stuffs banana bread in a tube

    The CPG beverage giant is rolling out the exclusive flavor at Little Caesars locations, and Peak State is debuting coffee made with adaptogenic mushrooms.

    By Food Dive staff • July 7, 2023
  • In this photo illustration, bottles of Modelo Especial beer sit on a table.
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    Mario Tama/Getty Images via Getty Images
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    Modelo dethroned Bud Light in America — here’s what the numbers say

    While recent controversy played a role in the uncrowning, Modelo’s long-term strategy may have more to do with its success.

    By Sara Karlovitch • July 5, 2023
  • Bang
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    Christopher Doering/Food Dive
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    Monster Beverage set to buy Bang Energy for up to $362M

    A court filing showed the closure of the deal is being slowed by a review from the Federal Trade Commission. Bang warned it could be forced to liquidate if the transaction collapses.

    By • June 29, 2023
  • Haus, The Naked Market
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    Permission granted by The Naked Market
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    Jilted by Constellation Brands, Aperitif maker Haus finds new life after acquisition

    The Naked Market purchased the low-alcohol aperitifs maker for an undisclosed amount and is re-launching it online. The brand shut down last year after a $10 million funding round fell through.

    By • June 29, 2023
  • DAnone, yogurt
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    Courtesy of Danone
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    Danone digs in at discount channels as consumer tastes change

    The retail channel is one of the fastest-growing segments of the dairy and plant-based giant’s business in the U.S., with sales forecast to top $100 million in 2023. 

    By • June 28, 2023
  • muscle milk, pepsico
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    Permission granted by PepsiCo
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    PepsiCo’s Muscle Milk bulking up beyond the gym

    Once associated with health clubs and hardcore athletes, the protein powder and shake offering is finding broader appeal among consumers as an ingredient in coffee, ice cream and baked goods.

    By • June 27, 2023
  • TreeHouse Foods
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    Permission granted by TreeHouse Foods
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    ‘A new TreeHouse:’ Private label giant builds for success by thinking small, CEO says

    Steve Oakland said the snacks and beverages manufacturer has evolved into a more focused company that can better innovate and respond to the needs of retailers such as Walmart and Amazon. 

    By • June 26, 2023
  • BodyArmor, Coca-Cola
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    Courtesy of Coca-Cola
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    Coca-Cola’s BodyArmor enters rapid hydration with first major product launch in 2 years

    The launch of BodyArmor Flash I.V. comes as the Atlanta-based beverage giant has struggled to integrate the energy drink after taking full control of it for $5.6 billion in 2021. 

    By • June 21, 2023
  • sunopta oat upcycled cereal
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    Courtesy of SunOpta
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    SunOpta upcycles oat milk byproduct for new cereal

    The company collaborated with Seven Sundays to launch the breakfast item using protein left over from its plant-based milk.

    By • June 15, 2023
  • Mezcal Amarás, spirits
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    Courtesy of Mezcal Amarás
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    Maker’s Mark owner Beam Suntory inks distribution deal for Mezcal Amarás

    The alcohol giant said the partnership, which begins next month, is key to further premiumizing its portfolio and expanding its reach in the fast-growing agave-based spirits category.

    By • June 14, 2023
  • Chobani, zero sugar, drinkable
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    Courtesy of Chobani
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    Chobani brings its Zero Sugar offering into drinkable yogurt

    Since the dairy product line was launched in 2021, it has amassed 2.1% of the yogurt category, according to Nielsen, as consumers watch what they eat and reduce their intake of the sweetener.

    By • June 13, 2023
  • Zevia, soda
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    Permission granted by Zevia
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    Why Oreo and Doritos could signify a bright future for Zevia, a soda with no sugar or calories

    Once associated with people eating salads, kale chips and other healthy offerings, the beverage is finding acceptance with consumers improving parts of their diets while continuing to indulge in other areas.

    By • June 13, 2023
  • A stack of plain bagels thickly spread with cream cheese, with a container of Oatly Cream Cheese in the pile, sits on a paper doily on a silver platter on a diner counter.
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    Courtesy of Oatly
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    Leftovers: Oatly spreads into cream cheese; Kellogg harvests better-for-you Pringles

    The Swedish oat milk maker’s new items come in Plain and Chive & Onion flavors, and Sam Adams provides beer drinkers with excuses to say no to their responsibilities.

    By Food Dive staff • June 9, 2023
  • Bottles of Jones Soda.
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    Courtesy of Jones Soda
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    Jones Soda names former PepsiCo executive as new CEO

    David Knight will take over at the company known for flavors such as Blue Bubblegum and Turkey-and-Gravy on June 23. He replaces Mark Murray, who is retiring.

    By • June 9, 2023
  • Lifeway Foods
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    Retrieved from Lifeway Foods.
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    Lifeway Foods shareholder blasts CEO and board, calls for sale of the kefir maker

    Kanen Wealth Management, which owns 4.1% of the company, claims the board and chief executive are “mis-managing the business” and not looking out for shareholders.

    By • June 8, 2023
  • Topo Chico, sparkling water, hard seltzer
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    Retrieved from Topo Chico.
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    Beverages maintain stronghold on top new products for 2022, Circana says

    Alani Nu, Dr Pepper Zero Sugar, Red Bull Green Edition and Topo Chico Hard Seltzer joined four other drinks to represent eight of the 10 most successful launches.

    By • June 8, 2023
  • TreeHouse Foods logo on a white background
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    Courtesy of TreeHouse Foods
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    TreeHouse Foods buys coffee operations from Farmer Brothers for $100M

    The private label company will own a plant with processing capabilities that complement its existing single-serve pod and ready-to-drink coffee businesses.

    By • June 7, 2023
  • Coca-Cola
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    Courtesy of Coca-Cola
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    Coca-Cola drinkers to ‘level up’ with new League of Legends-inspired soda

    The seventh limited-edition flavor to launch under the Coca-Cola Creations platform is more about prioritizing mood or experience rather than the flavor.

    By • June 7, 2023
  • A display case showcasing Zoa energy drinks.
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    Courtesy of Molson Coors
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    Molson Coors brand Zoa adopts gender-neutral identity for major refresh

    “Fuel Something Bigger” shifts the energy drink from the gym toward the everyday consumer and highlights the brand’s colorful new packaging.

    By Sara Karlovitch • June 5, 2023
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    Tim Boyle via Getty Images
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    PepsiCo to close Indiana distribution center later this year

    The beverage and snacking giant said the facility currently employs about 100 people. Work there is being transferred to other locations.

    By • June 5, 2023