Beverages: Page 30
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A taste of Food Dive’s best stories
From the struggles of plant-based meat to Kellogg’s proposed split, Food Dive writes about the news that moves the CPG industry.
By Food Dive Staff • Dec. 2, 2022 -
Huel closes $24M investment round
Actor Idris Elba is among the backers for the British meal replacement company, which is now valued at $560 million.
By Megan Poinski • Dec. 1, 2022 -
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 -
Upstart bottled water makers thirst for differentiation in $40B industry
While companies like PepsiCo and Coca-Cola dominate the space, brands looking to carve out their own niche are touting better-for-you products and sustainability attributes to stand out.
By Christopher Doering • Dec. 1, 2022 -
Molson Coors to exit CBD business venture in US, end La Colombe partnership
The beverage giant said uncertainty over federal legalization for cannabis and a desire by the coffee maker to combine product segments were behind the decisions.
By Christopher Doering • Nov. 22, 2022 -
Nestlé’s Nespresso to debut paper-based compostable capsules
The new pods will be piloted in France and Switzerland in spring 2023, and will complement the brand’s existing aluminum option.
By Christopher Doering • Nov. 22, 2022 -
Sponsored by Balchem
The intersection between performance and longevity
With consumers staying more active and living longer than ever before, Balchem has identified a marketplace whitespace at the intersection of performance and longevity.
Nov. 21, 2022 -
Column
Leftovers: Sipping lasagna with Stouffer’s Bloody Mary Mix; Spam brings figgy pudding across the pond
The Nestlé brand brings savory flavors to a cocktail glass, and Stuffed Puffs coats its new marshmallow snack with crushed Cinnamon Toast Crunch.
By Food Dive staff • Nov. 18, 2022 -
Inside Campbell Soup’s overhaul to innovation and how it’s paying off
From technology to how workers collaborate, the 153-year-old food giant is scrapping old practices in favor of new ones to quicken product development and boost its chances of success.
By Christopher Doering • Nov. 15, 2022 -
Column
Leftovers: Angry Orchard bites into boozy apple pie; Frank’s RedHot heats up the holidays with a marinating gadget
The cider brand is bringing its flavor to the Thanksgiving dessert with help from a Brooklyn bakery, and Haribo takes gummy fans to cloud nine with a softer, chewier candy.
By Food Dive staff • Nov. 11, 2022 -
Keurig Dr Pepper CEO resigns over ‘violations’ to company’s code of conduct
Former CEO Bob Gamgort will replace Ozan Dokmecioglu, who only served for four months. His departure was not related to “strategy, operations or financial reporting,” the company said.
By Christopher Doering • Updated Nov. 10, 2022 -
Retrieved from Athletic Brewing Company.
Keurig Dr Pepper invests $50M in Athletic Brewing
The minority stake deepens the soda and coffee giant’s presence in the nonalcoholic category following its acquisition of ready-to-drink cocktail brand Atypique in June.
By Christopher Doering • Nov. 9, 2022 -
Danone expedites Two Good yogurt’s move into smoothies
The new offering, which was initially planned to launch in 2023, brings the company’s fastest-growing North American brand into the portable space while building on its low-sugar, high-protein popularity.
By Christopher Doering • Nov. 9, 2022 -
Coca-Cola to restructure North American workforce with voluntary buyouts
Employees will have from Nov. 14 to Nov. 18 to decide whether to accept offers. The beverage maker did not say how many workers are eligible.
By Christopher Doering • Nov. 8, 2022 -
Organic dairy farmers petition USDA for drought relief funds
The weather in the western U.S. is exacerbating dire conditions for many operations already facing supply chain challenges and higher feed costs, prompting some producers to go out of business.
By Chris Casey • Nov. 4, 2022 -
Waterdrop launches Microlytes hydration recovery cubes
The endurance and recovery product is different than traditional sports drinks because it doesn’t have sugar or caffeine, and it has a lower environmental footprint, the company said.
By Christopher Doering • Nov. 3, 2022 -
Column
Leftovers: Entenmann’s bakes a truffle treat; Kellogg and Elf on the Shelf cool down breakfast
The sweets baker rolls out two varieties of bite-size indulgent treats, and Sierra Nevada’s new brew gives fresh hops the deep freeze.
By Food Dive staff • Oct. 28, 2022 -
Future focused: How Diageo prioritizes sustainability
The company’s Society 2030 program tailors sustainability goals by brand, avoiding a one-size-fits-all approach.
By Sara Karlovitch • Oct. 27, 2022 -
Impossible beef, hard seltzer make up NielsenIQ’s 2022 innovations
Despite a slowdown in new product development during the last three years, the marketing research firm highlighted offerings from Coca-Cola, Danone and Mondelēz among the recent standouts.
By Chris Casey • Oct. 27, 2022 -
Retrieved from PepsiCo on October 26, 2022
How PepsiCo is working to convince its farmers to embrace regenerative agriculture
The food and beverage giant hopes practices such as using cover crops can help it meet its goal of achieving net zero emissions by 2040, said Rob Meyers, vice president of global sustainability.
By Chris Casey • Oct. 26, 2022 -
Constellation transitions to passive role at Canopy Growth
As part of a deal, the alcohol giant would keep its existing 35.7% stake, but no longer be allowed to nominate representatives to the board or approve certain transactions.
By Christopher Doering • Oct. 25, 2022 -
Consumer Brands Association names news industry trade group head as CEO
David Chavern, who takes over on Jan. 3, joins the group as CPGs deal with issues such as inflation, supply chain challenges and labor shortages.
By Christopher Doering • Oct. 25, 2022 -
Nestlé’s Blue Bottle wades into instant coffee
After three years of development, the brand’s first soluble product in the U.S. will allow consumers to make premium drinks at home without pricey machines or brewing expertise.
By Christopher Doering • Oct. 24, 2022 -
Q&A
How one private equity firm is adapting its strategy in today’s volatile environment
While Peter Burns, managing partner at Sunrise Strategic Partners, said there is plenty of money still looking for a home in food, investors are more cautious and prioritizing profitable, established brands.
By Christopher Doering • Oct. 24, 2022 -
Column
Leftovers: Pop-Tarts get hotter with Tajín; Dr Pepper aims to score with bourbon-flavored soda
Kellogg’s toaster pastry brand pairs the spicy seasoning blend with fruity flavors, and Evil Genius Beer collaborates with White Castle on a tangerine IPA.
By Food Dive staff • Oct. 21, 2022 -
For Dos Equis, the pandemic was a ‘wake-up call’ for the 125-year-old brand
After years of falling sales, the Heineken-owned beverage maker best known for beer has accelerated innovation and moved into other alcoholic offerings to keep the brand relevant.
By Christopher Doering • Oct. 20, 2022