Beverages: Page 36

  • Celebrity co-founders of Thomas Ashbourne Craft Spirits
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    Courtesy of Thomas Ashbourne Craft Spirits
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    Celebrity-created RTD cocktails hit shelves with new Thomas Ashbourne brand

    The line, which features drinks designed by Sarah Jessica Parker and John Cena, among others, mixes trendy high-end spirits and entertainment icons.

    By • May 3, 2022
  • ice cream, Fairlife
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    Permission granted by Fairlife
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    Coca-Cola and others agree to $21M settlement for Fairlife animal abuse lawsuits

    In a statement, the dairy brand with $1 billion in annual sales outlined steps its supplying farms have taken to improve the welfare of their cows.

    By • May 3, 2022
  • 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
  • Plastic bottles baled for recycling
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    OperationShooting via Getty Images
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    Big brands targeted for plastic reduction and refill commitments in 2022 proxy season

    Plastics remain a potent issue for shareholder advocacy this year, with CPGs such as Coca-Cola, PepsiCo and Tyson facing calls to slash their use of the material in packaging.

    By Cole Rosengren • May 2, 2022
  • Tropicana Crunch cereal
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    Courtesy of Tropicana
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    Column

    Leftovers: Tropicana invites consumers to pour OJ on cereal; Cinnabon muscles in on protein drinks

    The juice brand crafts a breakfast offering designed to be eaten with orange juice, and ReGrained's upcycled flour appears in a new line of baking mixes.  

    By Food Dive staff • April 29, 2022
  • Lavazza, cold brew
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    Courtesy of Lavazza
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    Lavazza enters US ready-to-drink coffee market with its latest launch

    The 127-year-old Italian company spent two years studying the crowded space in an effort to create an organic, low-calorie offering that was "distinctive and unique." 

    By • April 29, 2022
  • Lemon Perfect's product lineup
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    Courtesy of Lemon Perfect
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    Beyoncé participates in Lemon Perfect's $31M funding round

    The superstar behind "Lemonade" headlines the clean-label, enhanced hydration brand's Series A round, which it will use to more than double its distribution.

    By • April 28, 2022
  • Chobani, milk
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    Courtesy of Chobani
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    Chobani to end production of dairy milk after less than 3 months

    The dairy giant, which has spent the past several years expanding its product offerings, said it is being impacted by inflation and that it came to the "tough conclusion" to exit the category.

    By • April 26, 2022
  • Wicked Kitchen's plant-based ice cream pints have lupini bean as their base ingredient.
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    Courtesy of Wicked Kitchen
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    Column

    Leftovers: Wicked Kitchen brings lupini beans to ice cream; Kodiak crunches into cookies

    The plant-based brand is launching its legume-powered dessert stateside with four flavors and three novelty treats, and Anheuser-Busch debuts a sparkling hard beverage exclusive to convenience stores.

    By Food Dive staff • April 22, 2022
  • Bud Light Next
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    Retrieved from Anheuser-Busch on April 21, 2022
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    8 carbon-neutral brands aiming to cut the food and beverage industry's emissions

    As CPGs work to improve the sustainability of their supply chains, several have rolled out products that claim to compensate for the greenhouse gases they emit.

    By • April 22, 2022
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    Scott Olson via Getty Images
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    Oatly hires industry veterans to build executive team

    Jean-Christophe Flatin, with more than 30 years of experience at Mars, is the new global president, and Danone and Unilever veteran Daniel Ordonez will become chief operating officer. 

    By • April 21, 2022
  • a shoc, energy drink
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    Retrieved from A Shoc.
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    Energy drink A Shoc raises $29M from investors including Keurig Dr Pepper

    The beverage giant was an early investor in 2019 and handles national sales and distribution.

    By • April 19, 2022
  • Flow Beverage, water
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    Permission granted by Flow Beverage
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    Former Nestlé​ water chief thirsts for differentiation as CEO of Flow Beverage

    The company has seen revenue surge sevenfold over three years to $34 million as more stores stock its alkaline liquid with paper packaging.

    By • April 18, 2022
  • Spirulina algae grown by Back of the Yards Algae Sciences
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    Permission granted by Back of the Yards Algae Sciences
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    Deep Dive

    Beyond the blue: Interest in spirulina shifts to new applications

    The microalgae can provide a desirable natural color, but it's also sustainable and nutritious — and finding its way into a wider assortment of uses.

    By • April 14, 2022
  • Betches cracks open its first canned cocktail
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    Courtesy of Betches Media
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    Betches parlays social media acumen into canned cocktail line

    As the ready-to-drink cocktail space continues to boom, companies of all stripes are vying for a slice of the market.

    By Sara Karlovitch • April 13, 2022
  • Austin, cocktails, Constellation Brands
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    Retrieved from Austin Cocktails.
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    Constellation Brands buys remaining stake in RTD drink Austin Cocktails

    The acquisition deepens the Corona brewer's presence in the fast-growing category that could control nearly 25% of total alcohol beverage volume by 2025. 

    By • April 8, 2022
  • Hershey launched Blueberry Muffin Kit Kat in April 2022.
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    Courtesy of Hershey
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    Column

    Leftovers: Kit Kat breaks into breakfast with blueberry muffin flavor; RTD moon milks offer ayurvedic stress relief

    Hershey adds the flavor of berries, batter and graham cookie pieces to its iconic sweet, and J&J Snack Foods' Icee enters the cookie category.

    By Food Dive staff • April 8, 2022
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    Dan Kitwood via Getty Images
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    Tate & Lyle to acquire dietary fiber business in China for $237M

    The company said the purchase of Quantum Hi-Tech Biological will strengthen its market position for the popular ingredient while boosting its food and beverage solutions.

    By • April 7, 2022
  • A picture of the street sign stating "Wall Street." American flags drape over a nearby building
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    Kena Betancur via Getty Images
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    IPOs in Americas plummet 72% during first quarter: EY

    Despite several companies going public in recent years, the food and beverage sector has been largely quiet in 2022, with firms like Chobani deciding to delay listing their shares.

    By Jim Tyson , • April 5, 2022
  • Dr Pepper can
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    "Dr. Pepper" by cyclonebill is licensed under CC BY-SA 2.0
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    Keurig Dr Pepper CEO to step down in July

    Bob Gamgort will transition to the role of executive chairman, while CFO Ozan Dokmecioglu will take the helm at the beverage maker.

    By , • Updated April 5, 2022
  • Coca-Cola's new Byte flavor on Fortnite
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    Retrieved from Coca-Cola on April 04, 2022
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    Coke serves up its latest conceptual variety: 'pixel-flavored' cola

    Zero Sugar Byte is the second offering out of the brand's Creations innovation platform that previously tried to capture the taste of space.

    By Peter Adams • April 4, 2022
  • diageo, 21 Seeds
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    Courtesy of Diageo
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    Diageo acquires super-premium tequila brand 21Seeds

    The purchase of the startup for an undisclosed amount accelerates the company's move into more trendy and higher-margin beverages.

    By • April 1, 2022
  • Sovos Brands, Noosa, yogurt
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    Retrieved from Sovos Brands.
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    Column

    Leftovers: Noosa chills out with gelato; White Claw catches new wave with its Surf line

    Sovos Brands is bringing its premium yogurt into the freezer aisle, while Betterland Foods uses Perfect Day's animal-free dairy proteins for a better-for-you chocolate bar.

    By Food Dive staff • April 1, 2022
  • Flavors of Bud Light Seltzer
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    Permission granted by Anheuser-Busch
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    AB InBev to invest $50M in St. Louis brewery to boost seltzer production

    Despite slowing seltzer sales, the category remains lucrative for beer giants with brands such as Bud Light Seltzer competing with White Claw and Truly.

    By • April 1, 2022
  • Stone Brewing
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    Retrieved from Stone Brewing.
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    Molson Coors must pay Stone Brewing $56M in trademark dispute, jury finds

    The case hinges on the beer giant's 2017 decision to rebrand its Keystone brew as "Stone." A spokesman said the company is evaluating options for appeal.

    By • March 29, 2022
  • Pepsi x IHOP
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    Courtesy of PepsiCo
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    Column

    Leftovers: PepsiCo and IHOP cook up maple syrup cola; Molson Coors taps into beer-flavored lollipops

    The limited batch soda is the latest creative flavor from the beverage giant, and B&G Foods and General Mills reimagine Cinnamon Toast Crunch as a spread.

    By Food Dive staff • March 25, 2022