Latest News in the food Industry
Beverage
PepsiCo’s Naked smoothies switch to 100% recycled plastic in the UK
9 Sep 2020
In the UK, Naked smoothies, including Naked Machines, Naked Lean and Naked Zing are now rolling out in bottles that are made from 100% recycled plastic. PepsiCo also updated the labels on these bottles to attract consumers attention to the use of the r...
Read moreEuropean wine industry suffers another blow in beleaguered year
4 Sep 2020
Despite demand for alcohol, including wine, surging during the pandemic, the global wine industry has been suffering as a result of trade restrictions, labor shortages, and now, weather woes. In Italy’s northern Veneto region, a violent storm at the en...
Read moreDrizly raises $50m to expand booze delivery
1 Sep 2020
E-commerce alcohol delivery service Drizly announced it closed a $50 million funding round led by the investment firm Avenir with participation from Tiger Global and other existing investors. This additional funding brings the company’s total fundraisi...
Read moreCoca-Cola introduces recyclable paperboard rings on its multi-packs
31 Aug 2020
As a result of its effort to remove all unnecessary hard to recycle plastic from its portfolio in Western Europe, Coca-Cola is introducing a paperboard packaging alternative called CanCollar in Spain.
Read moreAdaptogenic coffee raises $2.7 million to reimagine coffee
24 Aug 2020
Coffee company, Taika, raised $2.7M in seed funding for its adaptogen-infused, ready-to-drink (RTD) beverages. The investment round was led by Kindred Ventures with participation from Obvious Ventures and World Champion Barista James Hoffman. In the co...
Read moreAustralia is converting stale beer into electricity
21 Aug 2020
When lockdowns closed pubs, watering holes around Australia found themselves saddled with kegs of ales and lagers that were slowly passing their expiration date. However, instead of dumping them down the drain – which would require additional disposal ...
Read moreLemon water brand gets celebrity investment
18 Aug 2020
Cold-pressed lemon water beverage, Lemon Perfect, closed a $6.6 million funding round led by Beechwood Capital, The Big Squeeze, Goat Rodeo Capital, LivWell Ventures, Melitas Ventures, R3 Venture Partners, the RCV Frontline Fund, the Stage 1 Fund, and...
Read moreOskar Blues Brewery partners with French’s for a mustard beer
14 Aug 2020
To honor National Mustard Day in the U.S., yellow mustard brand French’s paired up with Oskar Blues Brewery to produce French’s Mustard Beer. The wheat beer is available for a limited time in Oskar Blues Brewery taprooms as well as online at CraftShack...
Read moreUnilever to divest most of its tea business but keep RTD Lipton
7 Aug 2020
After a nearly seven-month review of its tea business, Unilever announced that it would divest the majority of its €3 billion ($3.5 billion) tea business, which includes tea brands PG Tips, Pukka Herbs and Tazo that generated €2 billion ($2.3 billion) ...
Read moreCoca-Cola to launch Topo Chico hard seltzer brand in Latin America
6 Aug 2020
The hard seltzer market has seen phenomenal growth and now Coca-Cola is getting into the space with the launch of Topo Chico Hard Seltzer. Coke announced the alcoholic beverage will be released in select cities in Latin America later this year. In 2021...
Read moreChobani releases a functional non-dairy beverage
5 Aug 2020
Chobani released a non-dairy probiotic drink to further its efforts to expand out of animal-based dairy. The functional beverage is made with an oat base, has 80 calories, 11 grams of sugar and is made with organic, non-GMO ingredients.
Read moreDairy free segment gets a banana milk
4 Aug 2020
The non-dairy category has exploded in recent years from a category dominated by soy milk to a market with milks made from nuts, grains and plant-based protein sources. Now, the category has a banana milk.
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