Almond milk has enjoyed broad appeal for its versatility; it brings value as an ingredient for cooking, as a tool for baristas creating espresso drinks, and as an alternative for dairy intolerant consumers and for those who simply enjoy the taste.
Mitchell J. Joseph, CEO of The Joseph Company International, hopes that he’s found the “Holy Grail” of the beverage industry: the self-chilling can.
From “kitchen to exit,” this week’s episode features interviews with two founders who have personified the entrepreneurial dream: Clayton Christopher, the co-founder of Sweet Leaf Tea, Deep Eddy Vodka and private equity firm CAVU, and John McDonald, the founder of iconic craft beer company Boulevard Brewing.
Similar to the existing Lemon, Ginger and Cherry SKUs, the new BLNDS varieties are a combination of cold-pressed watermelon juice and other flavors, in this case Blood Orange, Cayenne, Cucumber, and Mint.
In caffeine, an ingredient that consumers typically associate with sodas, a handful of sparkling water makers see a natural opportunity to extend their brands amidst a crowded field of competitors.
In this People Moves roundup, ex-AQUAhydrate CEO Hal Kravitz starts anew as chairman of the board at Certified Management Group; also, Kona Red expands its management team, Bill Meissner is named CEO at Dunn's River Brands and Voss CEO Jack Belsito confirms he has left the company, as of last summer.
Ample Foods has closed a $2 million round of seed funding led by San Francisco-based venture capital group Slow Ventures.
Hood River Juice Company, owner of Ryan’s brand apple juices and ciders, says a warning letter from the U.S. Food and Drug Administration (FDA) last month was “completely unexpected” and that it has taken action to correct past violations.
Monster Energy reported a rise in net sales in the first quarter of 2018, but a significant drop in gross profits has left investors pessimistic about year-end margins for the energy drink company.
Ugly Drinks, an United Kingdom-based sparkling water brand, is launching in the U.S. on May 14 via a direct-to-consumer ecommerce platform and at independent retailers in the New York metro area.
Foodstirs co-founders Sarah Michelle Gellar, Galit Laibow and Greg Fleishman bake up “an indulgent experience that’s worth it”; why Vice Cream is betting on “a backlash to the backlash”; rising up times with Weller, a brand of hemp-infused coconut bites.
The New York-based flavor and fragrance giant announced on Monday its plans to acquire Israeli flavors and natural ingredients firm Frutarom for $7.1 billion -- its biggest purchase to date. The deal would boost IFF to a second-place spot in the global natural flavors market, seeing as 75 percent of Frutarom’s sales are in natural.
Non-prescription sleep aid Dream Water has been acquired by Vancouver, Canada-based cannabis company Harvest One for approximately $26.7 million (C$34.5 million).
Nestlé S.A. has acquired the global rights to sell packaged retail products from coffee giant Starbucks Corporation for $7.15 billion plus additional royalties.
