Latest News in the food Industry

24 Jan 2022

In order to expand into the alcohol space, Monster Energy acquired the craft beer and hard seltzer company Canarchy Craft Brewery Collective for $330 million in cash, according to a press release. The transaction brings the brands Cigar City, Oskar Blu...

21 Jan 2022

After two years of producing dairy- and oat-based coffee creamers, Chobani is branching into plant-based coffee pairing options with the debut of Chobani Plant-Based Coffee Creamers. These creamers come in four flavors: Caramel Macchiato, Chocolate Haz...

21 Jan 2022

Codex Alimentarius has adopted a Framework for Steviol Glycosides approving four different technologies for the production of the sweetener, a move that stakeholders say will ‘benefit the entire stevia industry’.

17 Jan 2022

PepsiCo took another step into the alcohol category when it launched Lay’s Potato Vodka in December. However, this foray into alcohol did not last long as the trial product sold out in a matter of hours, according to a post by the company on Twitter.

3 Jan 2022

Bud Light’s parent company Anheuser-Busch is launching four flavors of hard soda into its permanent portfolio: Classic Cola, Cherry Cola, Orange Soda and Citrus Soda. These four flavors will be available in 12-ounce cans beginning on January 3, and wil...

15 Dec 2021

Coffee chain giant Starbucks is trialing animal-free milk from the startup Perfect Day at two locations in the Seattle area for a limited time, Bloomberg reported. This alternative milk option is available to customers at no additional charge.

9 Dec 2021

Continued delays in shipping, as well as labor shortages, have led to a shortfall in the glass bottles that winemakers and distillers use to bottle up cheer during the holiday season. Due to this scarcity in packaging, CNBC reported that consumers may ...

24 Nov 2021

Functional instant coffee brand Jomo is forecasting demand for its product to grow by 10 times. In anticipation of that growth, the Avid Nutrilabs-owned company said it is preparing to distribute its product internationally. Next year, the company hope...

19 Nov 2021

Global wine production is forecast to hit near-record lows this year, according to the International Organisation of Vine and Wine (OIV). Production is 7% lower than the industry’s 20-year average and only slightly above the historically low production...

10 Nov 2021

New Jersey-based Source Brewing is paying tribute to the legendary 90s group from its home state with the re-release of Intergalactic Imperial IPA. As a limited release last year, Intergalactic was one of the brewery's most popular creations, selling o...

2 Nov 2021

Coca-Cola announced it is spending $5.6 billion to acquire the remaining 85% of the sports drink brand BodyArmor that it did not previously own. The Atlanta-based company initially took a 15% stake in BodyArmor in 2018.

26 Oct 2021

Since 2018, volume sales of alcoholic ready-to-drink options have been growing more quickly than other major drink categories, according to new data from IWSR, a drinks market analyst firm.