Last month, United Natural Foods, Incorporated (UNFI) announced it will cease to carry topical CBD products, a potential deal killer for companies charged with driving large quantities of the hot button ingredient across state lines.
With the proliferation of brands entering the oat-based category, establishing a point of difference can be difficult -- but oat-based drinkable yogurt maker Hälsa (formerly Simpli) is aiming to create space for itself by highlighting its nutritional content and ultra-clean production process.
After spending much of last year restructuring and rebranding its beverage product portfolio -- alongside a December merger with CPG wellness company Morinda -- New Age Beverages Corporation reported triple-digit growth in the first quarter of this year, according to an earnings report released Friday.
According to documents from Amsterdam District Court in The Netherlands shared by Monster last night, the energy drink maker’s Dublin-based European subsidiary, Monster Energy Limited, has received a partial judgement in its complaint against Bang B.V., which markets and sells VPX’s Bang energy drink in Holland.
In this episode, Patagonia Provisions managing director Birgit Cameron spoke about the origins and development of the brand, a food and beverage offshoot of outdoor apparel giant Patagonia. She also discussed the opportunities and challenges of being aligned with its parent company and why its uncommon innovation strategy is critical to its overarching mission.
For the first time small companies with revenues under $1 billion make up more than half of IRI’s New Product Pacesetters report, which was released yesterday.
Keurig Dr Pepper (KDP) reported a net sales increase of 2.5% for the first quarter of 2019, remaining on track to hit its long-term growth targets despite taking a hit in packaged beverages. All four segments of KDP’s business — Packaged beverages, Beverage Concentrates, Latin American Beverage and Coffee Systems — registered an increase in underlying net sales.
Underscoring the momentum behind the nascent cannabis beverage category, San Francisco-based startup K-Zen Beverages yesterday announced it has secured $5 million in seed funding from venture capital group DCM prior to its projected launch this summer.
Jack Doheny is the co-founder of Bold Brew Coffee, a brand that aims to fuel active lifestyle consumers with organic coffee drinks. The company produces classic cold brew, nitro cold brew, and oat milk lattes in cans.
Seeking to help kombucha brands deliver a consistently non-alcoholic product, Bare Bucha and Stout Tanks have partnered to create new technology they say will not only cut fermentation time in half, but also keep alcohol levels below the 0.5% ABV legal threshold without pasteurization, dilution, or microfiltration.
As part of a wide-ranging interview, Mamma Chia founder/CEO Janie Hoffman spoke about the origins of her brand and how she created a foundation for its rapid ascent. She also discussed a painful lesson about hiring for experience versus cultural fit, explained her belief that “you can’t teach attitude” and why everyday happiness starts with a joyful spirit.
Having reviewed the data and discussed the conclusions, here are our three biggest takeaways from SPINS’s kombucha market performance analysis, as presented by Bobbi Leahy, Director of Sales at market research group SPINS, during Kombucha Brewers International's (KBI) KombuchaKon 2019 on April 19 in Long Beach, Calif.
The NBA’s Philadelphia 76ers have welcomed Hydrant, a hydration powder mix, into its Innovation Lab, Forbes reported. The team’s incubator also helped Hydrant close a $2 million investment round.
A trio of executives from investment and advisory firm First Beverage Group joined us for a discussion about its portfolio and investment philosophy and how they evaluate synergies with entrepreneurial brands. They also discussed which categories might be best suited to weather a potential downturn, and why CBD is not the only cannabis-based ingredient that’s caught their attention.
