Headlines

Taste Radio: When ‘Better’ Is Your Mantra, Everything Is Possible. Just Ask Aimee Yang.

BetterBrand founder/CEO Aimee Yang spoke about how she analyzed the opportunity to create a better-for-you bagel, why raising her first $1 million was both remarkable and lamentable, the fortuitous way she met several investors, what she wanted to convey in branding and package design and why she embraces a “software mindset” when it comes to iteration.

Rowdy Mermaid’s Functional Platform Expands with Adaptonic Clarity Launch

Less than a year after launching its first non-kombucha offering with its functional Adaptonic products, Colorado-based beverage brand Rowdy Mermaid is taking another step beyond its roots in kombucha with Adaptonic Clarity, a line of sparkling drinks made with Lion’s Mane mushrooms.

ThinkThin Founder Launches betterland foods with Perfect Day

ThinkThin founder Lizanne Falsetto is going from protein bars to animal-free dairy protein, announcing today the launch of betterland foods, a new company developing products made with Perfect Day’s animal-free dairy proteins.

Taste Radio: There’s Big Money Flowing Into Small Brands. And, Why We’re Skeptical About A ‘Bowl.’

Following a two-week period that saw five beverage brands collectively add nearly $60 million in new funding, the hosts discussed each deal and how the companies are planning to deploy the capital. They also spoke about the increasing prevalence of food and beverage conglomerates internally developing on-trend concepts while taking branding and design cues from entrepreneurial companies.

KDP: Full Year 2021 Net Sales Grow 9.2% as Beverage Share Increases

As the company celebrates the completion of its three-year merger period, Keurig Dr Pepper (KDP) reported high single-digit growth for Q4 and the full year 2021 in an earnings report today, posting an 8.7% net sales increase for the quarter and 9.2% growth to $12.6 billion for the year.

Molson Coors Full-Year Shipments Decline -0.5%, Net Sales Increase +6.5% as Company Focuses on Premiumization

The company posted net sales of $10.279 billion for the year that ended December 31. Worldwide, shipments (sales to wholesalers) declined -0.5% and brand volume (similar to depletions, which are sales to retailers) declined -1.7% over the course of the year. However, Molson Coors’ price and sales mix increased +5.2% as it continued to focus on the premiumization of its portfolio.

Nielsen: Rising Prices Drive Accelerated Dollar Sales in Early February

Non-alcoholic beverages were feeling the love in the lead up to Valentine’s Day, as sales accelerated across almost all categories for the two-week period ending on February 12, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.

KKR to Acquire Majority Stake in Refresco

New York-based investment firm KKR announced today it has entered an agreement to acquire a majority stake in Refresco Group B.V., one of the largest independent beverage contract manufacturers worldwide. Terms of the deal were not disclosed.