Martín writes news articles and feature stories covering the non-alcoholic beverage industry for BevNET. A graduate of Boston University, Martín's previous work has appeared in USA Today, The Boston Globe and The Boston Herald.
The food and beverage giant rode gains outside the U.S. that pushed organic revenue up 2.4% in the quarter, with net revenue up 6.4%. But PepsiCo chairman and CEO Ramon Laguarta acknowledged that the ongoing conflict in Iran and its subsequent effects on global gas prices have accelerated a change in consumer behavior.
In a statement, Pepsi pointed to (where else) social media as the product’s inspiration: according to the brand, searches for cold prep oats have risen nearly 50% on TikTok year-over-year
As the category rebounds back into volume-driven growth and with interest in hydration and electrolytes still rising, we take stock of what’s happened in sports drinks so far this year and what to watch for next.
According to an exclusive on Tuesday in Reuters, Nutrabolt, whose C4 and Bloom energy drinks have over $1 billion in combined sales, has enlisted JP Morgan, Goldman Sachs and Bank of America to lead its initial public offering.
Amass Brands Group is pushing further into next-gen non-alcoholic beverage categories with a pair of investments over the past week.
Going against the government's wishes, the U.S. Supreme Court agreed to grant a petition filed by cold brew maker Rise Brewing that seeks to overturn a lower court decision that it claims erroneously ended its case against Pepsi over alleged trademark infringement.
Coca-Cola’s North America Operating Unit is set for a management change as EVP and president Jennifer Mann is stepping down.
As brands born in fitness and nutrition channels migrate to the mainstream, they’re literally bringing a new mentality to the energy category.
LMNT is striking back against product rating app Oasis, filing a lawsuit on Wednesday accusing the company of publishing false information about dangerous levels of lead in its electrolyte powders.
NFL legend Tom Brady continues to push further into the beverage industry, announcing a collaboration with gopuff on a new line of premium coconut water.
Over the past year, the Ojai, Calif.- based brand has been slowly cultivating its audiences on the links, betting that a golf-oriented approach and aesthetic can eventually make it a household name.
The deal comes roughly two years after Nestlé acquired a 49% stake in yfood Labs GmbH, which launched in 2017 and sells nutritional supplements in 30 European countries across various formats including bars, powders and “complete meal” drinks.
Landing at Walmart, one of the largest retailers to establish “modern soda” as a defined shelf set, has helped validate the brand's thesis that functional claims aren't essential to the category.
Trek One Capital is expanding its holdings in plant-based CPG with a pair of acquisitions: flax milk brand Good Karma Foods and protein bar maker No Cow.
