Latest News in the food Industry
Beverage

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 ...
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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...
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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...
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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 ...
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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...
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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.
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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,...
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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 ...
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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.
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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.
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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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Coca-Cola launches paper bottle trial in Hungary
24 Feb 2021
After unveiling its paper bottle prototype last year, Coca-Cola is rolling out its initial market trial of the packaging in Hungary this summer. The paper bottle technology will be used to distribute 2,000 units of its plant-based smoothie brand, AdeZ,...
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