After two days of animated and inspirational presentations, Tio Gazpacho, an RTD version of the famous Spanish soup, took two titles: Audience Favorite & winner of New Beverage Showdown 8.
Two common threads link this year’s best: One, brands have maintained a focus on health-driven trends, initiating timely innovation in both formulation and packaging. Two, companies have executed on multi-channel retail and distribution strategies at a time when mainstream consumers become increasingly aware and actively pursue beverages in natural-focused categories.
Bob Groux of Coast Brands will be stepping in to replace former U.S. CEO John Carroll on an interim basis.
Brands create categories. But declining categories can smother brands. That’s what a five-year analysis of topline category data tells us.
Jeff Hansberry, who played a key role in Starbucks’ 2011 acquisition of Evolution Fresh, is now at the helm of the cold-pressed, high pressure processed juice brand.
A new study from the American Heart Association is reporting that more than 40 percent of calls to poison centers for “energy drink exposure” involve children under the age of six.
The equity-based crowdfunding company has added Barry Nalebuff to its roster of prominent CPG investors.
“These nutso ideas are what everybody’s looking for right now” Primozich said. “Weirdo ideas like putting soup in a bottle and throwing it in the beverage case.”
The round is the third in the past 18 months for the company, taking the total amount invested in the brand to $45 million.
Last month, New York-based Exotic Superfoods voluntarily recalled its flagship Young Thai Coconut water product, following a visit from the FDA.
The FDA will now require establishments with a foodservice component, including restaurants, grocers and convenience stores, with 20 or more locations to list caloric information on their menus.
Duane Primozich of Boulder Brands Investment Group praised Tumeric Alive’s explicit association with turmeric, considering “the magnitude and potential” for the ingredient.
Whether it be for health, cost, convenience, environmental considerations, dietary restrictions, or just plain vanity, consumer demand for meat-alternative sources of protein has risen dramatically in recent years. Although there are many factors behind this protein revolution, the news here seems to be how the different generational groups are reacting to it.
Based on Nielsen C-Store sales data for the four-week period ending on Oct. 25, the Coca-Cola Co. saw a 4.9 percent leap in year-over-year dollar sales of its CSD products within the channel.