Latest News in the food Industry

Beverage

Following second quarter earnings report, Coca-Cola looks to drop more brands

Following second quarter earnings report, Coca-Cola looks to drop more brands

30 Jul 2020

After Coca-Cola announced the discontinuation of its Odwalla juice brand earlier this month, Coke's CEO James Quincey said during the company's second quarter earnings call that more of the CPG giant’s brands will be on the chopping block in the near f...

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Anheuser-Busch releases Busch Light Apple beer

Anheuser-Busch releases Busch Light Apple beer

24 Jul 2020

It’s not yet fall, but Anheuser-Busch launched an apple-flavored lager under its Busch Light line. This is the first time in 65 years that the Busch Beer brand has released a flavored beer product, and it will be available for a limited time in select ...

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Analysts report Monster Beverage likely to enter hard seltzer segment

Analysts report Monster Beverage likely to enter hard seltzer segment

21 Jul 2020

Stifel analyst Mark Astrachan released a report stating that he expects energy drink giant Monster Beverage to enter both the hard seltzer space and the non-alcoholic sparkling water category.

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Kerry ingredients company will debut its Botanicals Collection Zero

Kerry ingredients company will debut its Botanicals Collection Zero

16 Jul 2020

Kerry introduced its new Botanicals Collection Zero, a range of botanical extracts that are specifically designed for low- and no-alcohol beverages. The ingredient company will offer 15 new standard extracts with an additional 35 other options that the...

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Danone rejects claim that its infant formulas contain toxic substances

Danone rejects claim that its infant formulas contain toxic substances

15 Jul 2020

After industry watchdog group Foodwatch released a report last October that aromatic mineral oils (MOAH) were found in 16 infant formula brands, including Danone’s Gallia Galliagest Lactose-free Growing-up product, the French manufacturing giant recent...

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Coca-Cola to discontinue its Odwalla brand

Coca-Cola to discontinue its Odwalla brand

14 Jul 2020

Coca-Cola is eliminating its Odwalla brand and the refrigerated trucking network that transports these cold fruit beverages. Deliveries of Odwalla will stop at the end of July and unsold inventory will be picked up in August. This move by Coca-Cola wil...

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Spending on U.S. advertising for sugary drinks increases 26% to over $1 billion

Spending on U.S. advertising for sugary drinks increases 26% to over $1 billion

9 Jul 2020

Beverage companies increased their spending on advertising sugary drinks by 26% to over $1 billion between 2013 and 2018, according to a new study from UConn Rudd Center for Food Policy & Obesity. This increase in advertising primarily targets communit...

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Australian firm focuses on anti-counterfeit technology to combat fraud in the wine industry

Australian firm focuses on anti-counterfeit technology to combat fraud in the wine industry

7 Jul 2020

EBottli recently launched in Australia with the goal of protecting the country’s wine exports from counterfeits that are prevalent in Asia. In China alone, potential losses to counterfeit wine are anticipated to reach $3 trillion by 2022. Australian wi...

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Spiritless, a non-alcoholic bourbon hailing from bourbon country

Spiritless, a non-alcoholic bourbon hailing from bourbon country

2 Jul 2020

Much as the name indicates, a new, alcohol-free bourbon has appeared on the U.S. market. Called Spiritless Kentucky 74, this libation hails from the heart of bourbon country and became available at the end of June.

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PepsiCo releases SodaStream Pro for universities and offices

PepsiCo releases SodaStream Pro for universities and offices

1 Jul 2020

PepsiCo is taking its SodaStream system from its exclusive private real estate on kitchen counters to the public arena with the introduction of its SodaStream Professional that will be rolled out worldwide this fall.

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Nestlé contemplates divestiture of North American Waters division

Nestlé contemplates divestiture of North American Waters division

19 Jun 2020

Nestlé announced last week that it is considering selling the majority of its North American Nestlé Waters business unit. The Swiss company said it would retain its international brands Perrier, S.Pellegrino and Acqua Panna and will sell regional brand...

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La Colombe Coffee Roasters introduces draft chocolate milk

La Colombe Coffee Roasters introduces draft chocolate milk

12 Jun 2020

The company known for portable cans of ready-to-drink coffee has entered a new segment: chocolate milk. Made with lactose-free milk, the draft version of a childhood favorite is crafted with real cocoa and then infused with nitrous oxide to imbue that ...

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