Latest News in the food Industry
Beverage

Coca-Cola acquires remaining stake in BodyArmor sports drinks
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.
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RTD alcohol market share to double by 2025
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.
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Grey Poupon introduces mustard wine, sells out in a day
19 Oct 2021
In early October, the well-known, Kraft Heinz-owned Dijon mustard brand Grey Poupon announced it would launch La Moutarde Vin, a white wine infused with Grey Poupon mustard seeds.
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Blake Lively creates nonalcoholic mixer line Betty Buzz
13 Oct 2021
Actress Blake Lively released a line of nonalcoholic mixers called Betty Buzz. The mixers come in five flavors: Sparkling Grapefruit, Meyer Lemon Club Soda, Sparkling Lemon Lime, Ginger Beer and Tonic Water. One bottle makes two cocktails or is an opti...
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Danone set to launch “dairy-like” segment
8 Oct 2021
To help close the gap between dairy drinkers and plant-based milk acolytes, dairy giant Danone is launching a plant-based “dairy-like” segment in January 2022. Initially, the new segment will launch with two beverages: Silk nextmilk and So Delicious Wo...
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Ripple closes $60M investment round, targets global expansion
6 Oct 2021
Animal-free, pea-protein-based dairy maker Ripple Foods raised $60 million in a Series E funding round led by Rage Capital, Ajax Strategies, and S2G Ventures, with backing from OurCrowd, GV, Prelude Ventures, Euclidean, Fall Line Capital, and Tao Capit...
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Coca-Cola earns highest marks for sustainable packaging
5 Oct 2021
A new report from the non-profit As You Sow found that among the 50 consumer-facing companies whose packaging sustainability was analyzed, only Coca-Cola earned a grade of B, which was the highest mark extended to any of the companies. Below Coca-Cola,...
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Goose Island UK launches hydroponic hops IPA
30 Sep 2021
Anheuser-Busch InBev-owned craft brewery Goose Island announced it is launching a session IPA in the U.K. called Hail Hydro. Brewed with hydroponically-grown hops, the beer is available in limited supply only on the Goose Island U.K. website.
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Campbell Soup bubbles into beer with limited time partnership
21 Sep 2021
Soup brand Campbell Soup brand Snyder’s of Hanover is partnering with Captain Lawrence Brewing to tap into the beer market with a brew that combines the flavors of the perennially popular bar snack pretzels with the New York brewery’s craft brews. The ...
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Autonomous human milk factory arrives in U.S.
20 Sep 2021
108Labs announced it will build a ‘Cellfacturing’ facility to produce the startup's cell cultured human milk. The factory will operate using a proprietary artificial intelligence platform to produce this cultivated milk at scale.
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Coca-Cola is world’s most valuable drink brand, but not fastest-growing
7 Sep 2021
After 129 years of making soda, Coca-Cola remains the world’s most valuable soft drink brand – reporting revenue that is 55% more than the No. 2 market leader, PepsiCo. Coca-Cola retained its ranking despite recording a 13% brand value decline to $33.2...
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UK’s Sleep Well milk aims to launch in Asia
3 Sep 2021
Functional milk brand Sleep Well, which uses the active ingredient valerian to promote good sleep, has made launching its products in Asia a priority. Already, the U.K.-based brand has confirmed to Beverage Daily that it will launch in convenience stor...
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