The US food and beverage industry have managed to balance losses in the foodservice sector with gains on the retail side
July 28, 2020
In the brand new report US Beverage Market Outlook 2020: Grocery Shopping & Personal Consumption in the Coronavirus Era, market research firm Packaged Facts forecasts that sales of major beverage categories will increase from $150 billion in 2019 to more than $160 billion by the end of 2020 and will eventually exceed $170 billion in sales in 2024.
Drink infused with nootropics and adaptogens acquired by private beverage group with sights set on international expansion
July 22, 2020
Beverage USA Holdings Inc. announced the acquisition of the assets of Nerd Beverage Corporation, a mental acuity drink company designed to disrupt the industry as it enhances focus, concentration, memory and energy with powerful nootropics and performance-boosting nutrients.
Chobani launches portfolio of nutritional foods and drinks, including probiotic drinks and lactose-free greek yogurts
July 22, 2020
Chobani announced several new food and drink innovations that harness the power of good food with nutritional value. Innovations debuting at grocery and retail stores nationwide include Chobani Probiotic, refreshing and fruity plant-based beverages, and Chobani Complete, lactose-free Greek Yogurt food and drinks filled with protein and amino acids.
Oatly’s founders will reinvest in the company’s growth by providing additional capital
July 17, 2020
As minority shareholders, the new investors will join the company’s existing partners, including Verlinvest-CR JV and the company’s founders, on Oatly’s dynamic journey. As part of this transaction, Oatly’s founders will also be reinvesting in the company’s growth by providing additional capital.
Pulpex Limited is a new partnership between Diageo and Pilot Lite that is focused on cutting edge, sustainable packaging
July 14, 2020
Diageo, makers of Johnnie Walker, Smirnoff and Guinness, announced that it has created the world's first ever 100% plastic free paper-based spirits bottle, made entirely from sustainably sourced wood. The bottle will debut with Johnnie Walker in early 2021.
Wacker cyclodextrins improve foaming of barista toppings
July 10, 2020
Coffee specialties like cappuccino, latte macchiato and café au lait are all characterized by a creamy milk foam. CAVAMAX ® W6 cyclodextrin from WACKER improves the foaming properties of these barista toppings. Thanks to CAVAMAX ® W6, the toppings whether dairy or plant-based, feature a high foam volume, uniform structure and long-lasting stability.
New tea beverages feature Mighty Leaf Tea®, real fruit pieces, fruit puree, and lemonade
July 3, 2020
New handcrafted offerings include the unveiling of six refreshing, hand-shaken iced tea beverages made with real fruit pieces and fruit puree, Strawberry Lemon Black Tea, Yuzu Citrus Black Tea, Tropical Berry Green Tea, Pineapple Citrus Green Tea, Citrus Hibiscus Tea, and Berry Hibiscus Tea, as well as the limited-edition Strawberry Vanilla Cold Brew and Citrus Cremesicle Cold Brew.
Vie-Del is a supplier of bulk juices, concentrate, brandy, wine and spirits
July 2, 2020
Vie-Del Company, a family-owned grape processor and supplier of bulk juices, concentrate, brandy, wine and spirits in Fresno, Calif., announced that it signed a definitive agreement with Constellation Brands US Operations, Inc., a wholly-owned subsidiary of Constellation Brands, Inc., to acquire CBUSO’s grape concentrate and high-color concentrate business.