PATH, a sustainable aluminum bottled water company, has closed $30m in Series A funding to continue its mission of eliminating single-use plastic bottles from going into landfills and oceans with its 100% refillable aluminum water bottles.
Diageo has acquired cold brew coffee liqueur Mr Black: a fast-growing Australian brand which has already become the leading premium coffee liqueur in the US.
As calls to lower sugar levels in food and beverages louden, formulators and brands centre their efforts on improving taste, testing and technology in sugar-reduced products.
The Coca-Cola Co.’s decision early in the pandemic to dramatically restructure, including consolidating 17 business units into nine, laying off thousands of employees and discontinuing a slew of SKUs, may have appeared “slightly quick off the middle,”...
Asahi has highlighted plans to focus more strongly on its canned beer and healthier innovation businesses as it braces itself for cost pressures in Japan from October.
Nestlé is dipping a toe into the increasingly crowded but still highly fragmented and nascent animal-free dairy category by teaming with startup Perfect Day to use synthetic biology to create a milk-like beverage from genetically engineered microflora...
Since the launch of its strategic ‘end-to-end’ transformation agenda, dubbed Pep+, the company has hit a number of milestones on topics ranging from regenerative agriculture to reformulation. FoodNavigator catches up with Katharina Stenholm, Chief Sustainability...
Brown-Forman Corporation will buy the Gin Mare brands from Spanish companies Vantguard and MG Destilerías: adding the gins to its super-premium portfolio.
Gatorade is preparing for a massive 2023 rollout of energy drink brand Fast Twitch, designed for athletic performance with 200mg of caffeine, B vitamins, and electrolytes.
Organic pasture-raised dairy co Neutral Foods – which is billing itself as a ‘carbon neutral’ brand through a combination of carbon reduction initiatives and offsets - has raised $12m in a series A round led by Breakthrough Energy Ventures.
Brewery giant Carlsberg Malaysia has identified premiumisation as a crucial strategy for the firm to continue achieving profitable growth, even as the firm battles continued inflationary pressures, rising costs and consumer sentiment about price hikes
Smallholder farmers are highly vulnerable to weather changes and water scarcity, leading Diageo to launch a fund for innovations which promise to lessen and monitor the impact of water and climate crises on such farms in Africa.
After dominating the UK CBD space with help from a highly engaged online fanbase, CBD beverage, oil and gummy brand Trip is hoping to cement a similar position in the US – but this time with the additional aid of $12m in funding from prominent entrepreneurs...
Despite an ongoing recall of Jif peanut butter, JM Smucker eked out better than expected net sales thanks to the success of its popular coffee brands, including Café Bustelo, Folgers and Dunkin, and its Uncrustables brand – all of which faced their own...
Plant-based beverage specialist Vitasoy is hoping to expand the reach and consumer awareness of its new barista milk series in South East Asia, specifically in Singapore, after having secured significant success in Australia.
With more than 90% of its emissions attributed to its supply chain, Coca-Cola Europacific Partners has launched a new sustainability-linked supply chain finance program to incentivize and reward suppliers for improving their ESG performance.
Chamberlain Coffee, a DTC-focused brand created by YouTube star Emma Chamberlain, has sealed a $7m Series A funding round led by Blazar Capital and a stacked roster of DTC, retail, and beverage industry investors.
At a time when pushback against sugar is spurring large CPG players to exit the ready-to-drink smoothie and juice market by off-loading well-known brands, two best friends see an opening for a new line of produce-packed beverages positioned as having...
Monster plans to launch its first flavored malt beverage RTD alcohol product at the end of the year, promising a drink that will ‘carve out its own unique space’ in the increasingly crowded sector. And the company signals that this will be more than a...
Coca-Cola HBC has acquired mixer and adult sparkling beverage brand Three Cents for €45m ($46m), noting an ‘exciting growth opportunity’ in the category.
Constellation Brands has acquired a minority stake in US wine brand Archer Roose: an ‘accessible luxury wine brand focused on offering consciously-crafted, worldly wines to a new generation of wine drinkers’.
Unilever’s major subsidiary in India Hindustan Unilever Limited (HUL) has highlighted a renewed focus on its tea and health foods portfolios in order to counter continuing inflation challenges faced in the country.
Monster Energy is fighting to grow its shelf space in the increasingly competitive energy drink category while also dealing with unrelenting inflationary cost pressures, said CEO Rodney Sacks on the company's Q2 2022 earnings call.
As the pandemic progresses and consumers delve deeper into how nutrition impacts their health, they are expecting more from the products they buy – pushing beverage makers to blur category lines to offer more benefits, according to Mintel.
PepsiCo will take a 20% equity stake in Romanian spring water brand Aqua Carpatica: eying up the potential to expand the brand to the US and other markets.
PepsiCo is making a $550m investment in functional energy drink Celsius: further boosting its focus on the energy category and eying up a shared opportunity to drive growth and innovation in the sector.
Sea Arch – whose line of botanical non-alcoholic spirits is inspired by the Devon coast in southwest England – is celebrating its launch in Woolworths Metro, an Australian chain of convenience stores.
Bottled water brand, ió fibrewater, unveils its new prebiotic fibre-infused water that has been developed to deliver 20% of the daily recommended intake of dietary fibre and 100% of the daily recommended prebiotic fibre intake.
Oxford start-up Deep Planet is leveraging AI and satellite imagery data to help wine growers and producers adapt to climate change. We catch up with COO Sushma Shankar to ask how VineSignal can impact wine pricing on-shelf.
Swire Coca-Cola Limited, a wholly-owned subsidiary of Swire Pacific Limited, will acquire Coca-Cola subsidiaries with bottling businesses in Vietnam and Cambodia.
Premium fruit and vegetable ingredient supplier SVZ is working towards 100% sustainable sourcing: alongside a host of other initiatives. We find out more about the challenges - and opportunities - it sees in its efforts to be more sustainable.
Diageo will invest €200m ($203m) in Ireland’s first purpose-built carbon neutral brewery on a greenfield site in Littleconnell, Newbridge, Co. Kildare: which will become the second largest brewing operation in the country after St. James’s Gate.
Stem claims to be the first start-up developing cell-cultured coffee for the masses. We catch up with its founders to ask how technology can help replace unsustainable practices and future-proof flavour.
Even though PepsiCo beat Wall Street expectations in its second quarter and saw organic revenue growth soar 13%, prompting it to bump-up its full-year revenue expectations, the beverage and snack giant stopped short of also raising its earnings per share...
As the RTD category continues to grow, Pernod Ricard expects to see heightened demand for high quality ingredients, an explosion in flavor variety, and more creative concepts in the category.
Bacardi’s Italian sparkling wine and vermouth brand Martini has reached a sustainability milestone: 100% of the wineries for the entire Martini portfolio are now certified sustainable.
