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![Startup Bevry takes first mover advantage in Indian oat milk category](/47/pdcnewsitem/11/21/01/startup-bevry.jpg)
Startup Bevry takes first mover advantage in Indian oat milk category
5 May 2021
Indian startup Bevry has developed its own oat milk formulation, which it is manufacturing and selling exclusively in India with the goal of becoming the “Oatly of India.” According to the company, it is the first brand to manufacture and sell an oat-b...
Read more![Sugar tax in South Africa results in ‘positive changes’](/47/pdcnewsitem/11/19/26/Sugar-tax-in-South-Africa.jpeg)
Sugar tax in South Africa results in ‘positive changes’
23 Apr 2021
A study published in The Lancet found that following the 2018 implementation of a 10% tax on sugar-sweetened beverages in South Africa, the overall consumption of sugar from these beverages fell 35% from 16.25 grams per person daily to 10.63 grams per ...
Read more![Danone Manifesto Ventures makes first UK-based investment](/47/pdcnewsitem/11/15/93/Moju-healthy-drinks.jpg)
Danone Manifesto Ventures makes first UK-based investment
8 Apr 2021
Danone’s VC arm, Danone Manifesto Ventures (DMV) made its first investment in a UK-based business with its commitment to a £2.5m funding round for the healthy drinks brand Moju. Moju said the French Dairy giant’s minority investment in the company will...
Read more![Topo Chico finally debuts its hard seltzer](/47/pdcnewsitem/11/15/64/topo-chico.jpg)
Topo Chico finally debuts its hard seltzer
1 Apr 2021
Molson Coors Beverage Company, which is exclusively manufacturing Topo Chico Hard Seltzer through a brand authorization agreement with Coca-Cola, finally released the concept onto shelves on March 29 after announcing the development of the brand in Jul...
Read more![Chobani enters into pilot program with PepsiCo](/47/pdcnewsitem/11/14/99/chobani-coffee-cold-brew.jpg)
Chobani enters into pilot program with PepsiCo
30 Mar 2021
Greek yogurt maker Chobani recently entered into a distribution partnership with PepsiCo to sell its new yogurt drinks at convenience stores, colleges and universities in the northeastern part of the U.S. In the original report on this news, Bloomberg ...
Read more![Danone revamps itself, ousting CEO and adding to its portfolio](/47/pdcnewsitem/11/13/62/danone-honest-to-goodness-plant-based-creamers.jpg)
Danone revamps itself, ousting CEO and adding to its portfolio
24 Mar 2021
As Danone continues to face pressure both from industry competition as well as activist investors, the company has decided to separate its chairman and CEO roles, which are currently held by Emmanuel Faber. Additionally, Danone is searching for a new C...
Read more![Nestlé purchases Essentia Water, increases functional water portfolio](/47/pdcnewsitem/11/12/60/essentia-water.jpg)
Nestlé purchases Essentia Water, increases functional water portfolio
18 Mar 2021
Nestlé entered into an agreement in early March to acquire ionized alkaline water brand Essentia Water, which the Swiss company said was the No. 1 selling bottled water brand in the natural channel.
Read more![Ocean Spray launches Wave caffeinated sparkling water](/47/pdcnewsitem/11/12/58/ocean-spray-wave.jpg)
Ocean Spray launches Wave caffeinated sparkling water
16 Mar 2021
Cranberry brand Ocean Spray launched a new line of functional water through an exclusive partnership with Walmart. Called Wave, the caffeinated sparkling water contains 50mg of caffeine derived from black tea, real fruit juice, and has no added sugars,...
Read more![Drizly predicts that hard seltzer will get more flavorful in 2021](/47/pdcnewsitem/11/11/49/Drizly-predicts-hard-seltzer.jpeg)
Drizly predicts that hard seltzer will get more flavorful in 2021
11 Mar 2021
The U.S. alcohol delivery service Drizly expects “hard alternatives” to continue to flourish in 2021. However, the category is no longer limited to seltzer with hard versions of iced tea, kombucha and lemonade gaining ground amid a demographic that is ...
Read more![Coffee start-up to scale up ‘digitization’ of coffee aroma with $3m funding](/47/pdcnewsitem/11/12/35/th111235.png)
Coffee start-up to scale up ‘digitization’ of coffee aroma with $3m funding
11 Mar 2021
Colombian-Israeli start-up Demetria is ready to scale up its Artificial Intelligence-driven tools that digitize the taste and aroma of coffee after closing a $3 million seed funding round.
Read more![Healthy Height expands into China](/47/pdcnewsitem/11/11/71/th111171.png)
Healthy Height expands into China
9 Mar 2021
Healthy Height, the nutritional shake brand which has been clinically proven to increase children’s height is expanding its e-commerce presence in China.
Read more![Asahi Breweries launches low-alcohol alternative Beery](/47/pdcnewsitem/11/11/46/asahi-breweries-launches-lowalcohol-alternative.jpg)
Asahi Breweries launches low-alcohol alternative Beery
8 Mar 2021
Asahi Breweries launched a carbonated, low-alcohol drink as part of its endeavor to increase the sales of beverages with ABV volumes under 3.5%. The Japanese brewery is working to expand low-alcohol sales from 6% to 20% by 2025. The 0.5% ABV Beery beve...
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