Beverages: Page 33
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Retrieved from TreeHouse Foods.
TreeHouse to sell large part of meal prep business for $950M
The sale to Investindustrial, which comes amid strong demand for store-branded offerings, will simplify the private label maker’s business and allow it to focus on higher-growth and -margin foods.
By Christopher Doering • Aug. 11, 2022 -
Courtesy of Coca-Cola
Coke to launch Dreamworld cola in latest push to attract younger consumers
The drink, part of the company’s Creations platform, was introduced to highlight the CPG giant’s signature beverage while allowing consumers to explore “what a dream tastes like.”
By Christopher Doering • Aug. 11, 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 -
Permission granted by Danone
The secret behind Danone’s ‘very recession resilient’ portfolio
North American CEO Shane Grant said the company will benefit as consumers prioritize essential foods like its creamers, yogurts and plant-based milks.
By Christopher Doering • Aug. 10, 2022 -
Courtesy of Haus
Aperitif maker Haus to shutter as Constellation reportedly backs out on funding round
In a tweet, the upstart’s CEO said the three-year-old company is in the process of closing, and without an investor, doesn’t have the cash to support its operations.
By Christopher Doering • Aug. 10, 2022 -
Courtesy of Tazo
Tazo commits to regenerative agriculture with tea relaunch
The company aims to be carbon-neutral by 2026 through practices like using cover crops and increasing soil biodiversity to grow its ingredients.
By Chris Casey • Aug. 9, 2022 -
Retrieved from Archer Roose.
Constellation Brands buys minority stake in canned wine Archer Roose
The investment comes four months after the alcohol giant bought the remaining stake it didn’t already own in Austin Cocktails.
By Christopher Doering • Aug. 9, 2022 -
Justin Sullivan via Getty Images
The pandemic upended alcohol consumption. Here’s where it stands.
New research from IRI suggests at-home drinking has retained its appeal and points to areas of opportunity beverage producers and retailers can tap into to keep the buzz going.
By Catherine Douglas Moran , Sara Karlovitch • Aug. 9, 2022 -
Courtesy of Boston Beer Company
Boston Beer debuts Sweet Tea Whiskey through partnership with Beam Suntory
The offering, which will be under the Twisted Tea line, is the third launch in the past year between the two partners after Sauza Agave Cocktails and Truly Flavored Vodka.
By Christopher Doering • Aug. 8, 2022 -
Justin Sullivan via Getty Images
Monster to debut first flavored malt beverage alcohol product
While known for energy drinks, the company entered booze earlier this year with the purchase of Canarchy. It currently has a “robust” pipeline to grow in the category, according to its co-CEO.
By Christopher Doering • Aug. 5, 2022 -
Juanmonino via Getty Images
Use of low-calorie sweeteners in beverages jumped 36% in a decade, research finds
As CPGs cut sugar in drinks and foods, they are increasingly choosing “non-nutritive” alternatives, but the shift could come at a cost to consumers’ health, scientists warn.
By Samantha Oller • Aug. 4, 2022 -
Christopher Doering/Food Dive
What 4 beer companies see in consumer drinking habits amid high inflation
Despite price increases and a jump in the cost of living, not all alcoholic beverage makers find shoppers switching from premium offerings to cheaper economy brands.
By Christopher Doering • Aug. 4, 2022 -
Permission granted by Celsius
PepsiCo boosts energy drink presence with $550M investment in Celsius
The beverage giant, which has an 8.5% stake in the brand with the option to acquire more, will also serve as its preferred distribution partner.
By Samantha Oller • Aug. 2, 2022 -
Retrieved from Lifeway Foods.
Lifeway Foods agreement aims to soothe family feud
Key shareholders seeking the ouster of CEO Julie Smolyansky have dropped a push to nominate new board members after the kefir maker agreed to a strategic review.
By Samantha Oller • Aug. 2, 2022 -
Courtesy of Tito's Handmade Vodka
Tito’s vodka spoofs hard seltzer craze by selling empty can
Rather than enter a crowded market, the Tito’s in a Can novelty product lets consumers make canned cocktails with the brand’s “vodka-flavored vodka.”
By Chris Kelly • Aug. 2, 2022 -
Justin Sullivan via Getty Images
Pepsi Bottling Ventures plans $35M production expansion
The North Carolina facility upgrade will help the beverage giant meet demand for Aquafina, Lipton Tea and Nature's Twist.
By Alejandra Carranza • Aug. 1, 2022 -
Courtesy of Soylent
How Soylent is bringing plant-based meal replacement into the future
CEO Demir Vangelov says the company, whose successful evolution from a tech product to a nutritional supplement has invited acquisition rumors, doesn’t take itself too seriously.
By Megan Poinski • Aug. 1, 2022 -
Courtesy of Coca-Cola
Sprite shifting from green to clear bottles to boost recycling
Coca-Cola, which is also moving to 100% recycled plastic Dasani bottles in North America, aims to support a circular packaging economy.
By Chris Casey • July 28, 2022 -
Courtesy of Air Up
Flavor by a nose: How Air Up uses scent to make water taste better
The European company, which just launched in the U.S., uses its specially designed water bottle and pods containing natural fragrances as a way to get consumers to hydrate.
By Megan Poinski • July 28, 2022 -
Scott Olson via Getty Images
Coca-Cola increased marketing spend to create brand value amid price hikes
Despite pressures on consumer spending, the company saw net revenues grow in Q2 due in part to the recovery of away-from-home channels.
By Chris Kelly • July 27, 2022 -
Courtesy of Kraft Heinz
Capri Sun cuts sugar 40% by reformulating with monk fruit
The largest renovation in the juice pouch brand’s history will put Kraft Heinz more than halfway toward its goal of significant portfolio-wide sugar reduction.
By Megan Poinski • Updated July 27, 2022 -
Courtesy of Constellation Brands
Constellation Brands debuts Woodbridge wine and soda mashup
The ready-to-drink offering, available in pop flavors like lemon lime and orange, is targeted at consumers who want wine that is more accessible and less intimidating.
By Christopher Doering • July 27, 2022 -
Courtesy of Nestle
Nestlé opens $340M Nescafé coffee factory in Mexico
The plant, which creates 1,200 new jobs in the region, makes the U.S. neighbor the food and beverage giant’s main coffee producer.
By Christopher Doering • July 26, 2022 -
Courtesy of PepsiCo
PepsiCo prevails in Mtn Dew Rise trademark case
An appeals court downplayed the strength of an upstart coffee company’s “Rise” trademark while noting significant differences between its can and the beverage giant’s energy drink.
By Christopher Doering • July 25, 2022 -
Courtesy of Truly Hard Seltzer
Boston Beer stung by declining hard seltzer demand
The Truly maker is under pressure as the once popular alcohol category has fallen out of favor with more consumers turning to ready-to-drink cocktails and other offerings.
By Christopher Doering • July 22, 2022 -
Christopher Doering/Food Dive
How PepsiCo uses Stubborn Soda to win over new audiences
The premium beverage, which jumped from a retail offer to a restaurant exclusive, features unique flavor combinations and consumer-friendly attributes like Fair Trade Certified cane sugar.
By Christopher Doering • July 21, 2022
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