Moringa-based food and beverage brand Kuli Kuli announced yesterday it has raised $5 million in a Series B round co-led by product development company Griffith Foods and previous investor eighteen94 capital, the venture capital arm of the Kellogg Company.
Ryan Lewendon, a partner with influential CPG law firm The Giannuzzi Group, shared insights and advice based on over a dozen years spent working with high-profile food and beverage brands, including how to avoid early mistakes that can haunt entrepreneurs down the line and the keys to effective networking, plus tips on considering the valuation of your company and working with celebrities.
Keurig Dr Pepper (KDP) reported a 2.3 percent increase in net sales in 2018, according to a company earnings report released today.
Bolstered by international growth, Monster Beverages Corp. beat analyst expectations in its fourth quarter and full year earnings, reporting a 14.1 percent year-over-year increase in revenue, according to financial results released yesterday by the company.
California-based Health-Ade Kombucha is preparing for a “full-on offensive court press” this summer with the launch of six new flavors and new 4-packs of 8 oz. glass bottles.
After less than a year on the market, Bend, Ore.-based coffee maker Riff Cold Brewed is expanding its brand platform with a new line of Sparkling Superfruit Teas made from dried cascara, which will launch next week at Natural Products Expo West 2019 in Anaheim, Calif.
California-based Positive Beverage has partnered with beverage incubator L.A. Libations to fast-track the brand’s retail expansion. Launched in 2015, Positive markets a line of electrolyte-infused sparkling drinks.
Anytime someone mentions the American spirits market, it’s more than likely that the first thing that comes to mind is whiskey. However, other categories have been aggressively inserting themselves into the conversation and whiskey, increasingly, has been ceding some of the spotlight.
Michael ZonFrilli is the co-founder of Bambucha, a chef crafted organic kombucha brand based in San Diego, California. Bambucha’s unique flavor offerings such as Thai Ginger and Mango Masala are inspired by the founders’ experience in the culinary field.
Having already backed brands making everything from pancakes to popcorn, Boulder Food Group (BFG) is ready to deepen its roots investing in the next generation of emerging consumer brands. The investment group announced today the close of its second fund, at roughly $100 million.
In a saturated beverage market, consumers are increasingly seeking products that offer more than just good flavor and appealing packaging.
Fever-Tree North America CEO Charles Gibb spoke about his work in the spirits business leading up to his current role, including a high-profile role as the President and CEO of Belvedere Vodka. He also discussed how his experience in British Army taught him about the importance of communication and humor, spoke about the evolution of the global market for spirits and mixers and why he believes that Fever-Tree can be a brand for all consumers.
Even as flavored water continues to be among the fastest growing beverage categories in the U.S., aguas frescas haven’t quite been able to enjoy the same success, despite repeated attempts by some of the industry’s biggest manufacturers to crack the market with a ready-to-drink product. Yet after years of fits and starts, that could be in the process of changing.
From fast rising functional ingredients to declines in dairy, BevNET reached out to a group of suppliers, brands and industry experts to get their insights as to where the market for ingredients and flavors in beverage will be going in 2019.
