Having emerged this year as one of the fastest growing energy drinks in the U.S. market, CELSIUS’ momentum continues to surge, earning an “outperform” rating according to a new report by Credit Suisse. According to the report, which stems from CELSIUS’ analyst day event in Miami, Florida last week, the brand has seen “a strong rebound in demand post pandemic."
Celebrity backed spirits-based RTD The Finnish Long Drink has announced the closing of a $25 million funding round led by New York-based investment management firm Neuberger Berman.
GreenRoom, an award-winning public relations and digital agency, recently expanded its Food & Beverage practice with three innovative brands in its portfolio: Fillo’s America’s Made, ShineWater and Gratsi wine.
As Foxtrot Market, one of the most hyped retailers in recent memory, prepares to open dozens of new locations, we sat down with co-founder/CEO Mike LaVitola to talk about how the company cultivates an intimate understanding of its consumers, its uniquely curated product selection and why the chain is simultaneously going head-to-head with the likes of Starbucks, 7-Eleven and DoorDash.
Compass Box Scotch Whiskymakers announce a new limited edition, Canvas Blended Malt Scotch Whisky (SRP $150, ABV: 46%), featuring a parcel of whisky aged in Vino Naranja casks.
GURU Organic Energy Corp., Canada’s leading organic energy drink brand, has been making the most of the Canadian summertime, leading a nationwide community clean-up initiative. From Halifax to Vancouver, the GURU Good Crew, created specifically for the occasion, has been giving back to nature and the environment.
Food tech company NotCo announced today that it has raised $235 million in a Series D funding round led by Tiger Global, bringing its total financing to over $350 million to date. The funding will help the plant-based milk and meat producer to launch its food products in the U.S. and scale its proprietary A.I. technology platform.
North Carolina-based grocer The Fresh Market filed for an initial public offering this month for the second time in the company’s almost 40-year history. This second IPO could bring significant changes to the grocer’s position in the retail landscape, forcing them to optimize operations at the expense of local and emerging brands.
In this Ingredients Roundup: NURA introduces organic 5-HTP supplement CLEANMOOD, an unexpected frost causes Arabica coffee prices to plunges, , Blue California and Conagen promote energy and healthy aging through new ingredient, Welcome Dairy Holdings Acquires North Star Processing and Monin Introduces Energy Boost.
Zolt’s new terpene-botanical product line replicates the hemp plant’s benefits – like stress relief, improved cognition, and better sleep – but does so without hemp. In its place? Plant botanicals known as terpenes, as well as a slew of superplants and fungi.
Vitamin Energy, the most convenient way to nourish your body with vitamins while boosting your energy for up to 7+ hours, is proud to announce that effective immediately, every purchase made provides a one-for-one Vitamin Energy grant to provide first responders throughout the country with Vitamin Energy shots.
With R-CAM 2, SIG developed a new, fully automated sleeve magazine that’s designed to work with all filling machines in its current machine portfolio. With this latest solution, SIG is enabling food and beverage manufacturers to increase workflow efficiency while reducing the amount of manual labor they require.
MHS, a single-source provider of material handling automation and software solutions, announces a new cross-belt sorter designed to handle small items. The HC-Loop Double Cell has an innovative design that uses sections of two cross-belt cells that can either work simultaneously to handle a single large item or independently to handle two smaller items and boost capacity.
Solabia-Algatech Nutrition is launching 100% natural whole Euglena gracilis algae BioGlena for immune support. This unprocessed source of high-in-demand beta-glucan is suitable for daily use for the whole family.
