After establishing a presence in oat milk over the last three years, Chobani is seeking to build on the other side of the divide with the national launch of two new refrigerated dairy platforms this month: Ultra Filtered Milk and Half & Half.

Austrian beverage brand Waterdrop has closed a $70 million Series B funding round led by private equity firm Temasek, the company announced this morning.

Encouraged by improved gross margins and optimized production efficiencies, premium water brand Flow Beverage Corp. has raised its FY2022 net revenue target for branded products by up to 55%, according to financial results released by the company today.

Upstart sports drink brand BioSteel has announced a U.S. retail expansion that will see the brand enter nearly 15,000 new locations nationwide across grocery, convenience and drug chains this year.

Two years after its launch, prebiotic soda line Vina is rolling out a new brand identity and formulation that leans into flavor, the company announced today.

Ready-to-drink coffee category leader Starbucks has formally unveiled its lineup of new product releases for 2022, which sees the brand entering the natural energy space and launching its first coffee drinks with oat milk, among other innovations.

Coca-Cola’s interest in beverage alcohol continues to expand with today’s announcement of Simply Spiked Lemonade, a new line of fermented sugar cane-based alcoholic drinks developed through the soda giant’s exclusive partnership with Molson Coors Beverage Company.

Organic energy drink GURU is betting that its long-term growth potential outweighs short-term pain, as the company reported rising losses alongside record net revenue in its Q4/FY 2021 earnings report released today.

While divesting from some of its other well-known, better-for-you brands in recent years, Coca-Cola has been eager to use its flagship soda line as a platform for innovation, both inside the can and out. This morning, the company announced the release of Mocha, the fifth SKU for the Coca-Cola with Coffee line introduced in January 2021.

This year, the brand is looking to continue expanding its audience with the release of two new zero-sugar flavors — White Peach and Tropical Punch, which will replace Original and Lemon Lime — and a 12 oz. can format.