Ube is the 2024 ‘Flavor of the Year,’ According to Annual Trend Report From T. Hasegawa USA
One of the world’s top 10 food and beverage flavor manufacturers has identified the official 2024 Flavor of the Year: Ube.
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Fonterra Announces Climate Plans for the Future
Fonterra has taken a significant step towards achieving its climate ambitions with the announcement of an on-farm emissions reduction target, and release of a Climate Roadmap and voluntary Climate-related Disclosure report.
Bridging the Nutritional Gap With Calcium and Magnesium in Dairy Alternatives
A growing number of consumers are turning to dairy alternative products, and this is creating outstanding opportunities to fortify plant-based milk and foods with key minerals, observed Michael Paikin, chief technologist of Israel-based Gadot Biochemical Industries.
ColloidTek Develops Collo Analyzer
Finnish deep tech company ColloidTek, has developed Collo Analyzer, a new method for real–time liquid process quality monitoring, offering significant benefits for the food and beverage manufacturing industry.
Acquisition Adding Lactase Enzyme Business to Kerry Portfolio
Kerry Group PLC has agreed to acquire part of the global lactase enzyme business of Chr. Hansen Holding A/S and Novozymes A/S on a carve-out basis.
ROAR Organics Prioritizes RTDs, Marketing Spend With New $6M
ROAR Organics added a new $6 million investment tranche to the $10 million had raised thus far this year. The new capital is expected to go towards marketing by re-upping its promotional partnerships and building on the success of its RTD beverage and the relaunch of powders.
BevNET Live Winter 2023: Inside Albertsons
In this video from BevNET Live Winter 2023, held December 4-5 in Marina del Rey, California, a trio of leaders at Albertsons sat down to discuss what they look for in the brands they bring in and how entrepreneurs can make the most of their relationship with the retailer.
Taste Radio: What’s So Great About PRIME? Plus, The Collab That Shattered The Internet.
PRIME is a phenomenon. The brand has risen to become a major player in the sports drink category and is generating hundreds of millions of dollars in revenue. What makes it so special? The hosts unpacked PRIME’s appeal and remarkable success. They also highlighted a viral Doritos-flavored spirit, key details to include in investor pitches and a new Girl Scout cookie-inspired snack.
CommCan Toasts to 250 Years of Revolutionary Spirit with “Boston THC Party” Infused Tea
CommCan, the family-owned cannabis company that has become a symbol of innovation in Massachusetts, is once again leading the beverage revolution with the launch of "Boston THC Party" by SIP. This bold Infused English Tea, designed to commemorate the 250th anniversary of the Boston Tea Party, blends a respect for history with the contemporary craftsmanship that ComCan is known for.
Chobani Acquires La Colombe in $900 Million Deal
Chobani has paid $900 million to acquire coffee roaster and retailer La Colombe, the company announced today, a move that sees Keurig Dr Pepper, a minority investor in La Colombe, become an equity stakeholder in the yogurt and dairy company.
This Week’s New Products: Bridgerton Iced Coffee, Plus Ghia, Cali Sober and More
In this week’s new products roundup, International Delight takes inspiration from one of Netflix's most talked about original series, Elmhurst 1925 and Aura Bora announced the return of seasonal favorites and Cali Sober seeks to make a splash in the THC-infused mocktail space.
Campari Buys Courvoisier for $1.2 Billion, Accelerating Its “Premiumization Journey”
Campari has committed to acquiring cognac Courvoisier from Beam Suntory for an initial price of $1.2 billion, amounting to the biggest deal in the Italian spirit group’s history.
BevNET Live Winter 2023: Building A Pipeline For Black-Owned Spirits Brands
Investment firm Pronghorn came to BevNET Live Winter 2023 to talk about how it invested $200 million to empower more Black spirits brands in its first year.
Data: BevAlc Sales Growth Eases, Volume Pressure Ticks
Total BevAlc sales growth decelerated slightly with volume up across spirits, wine and cider, while more negative on sequential basis for beer, hard seltzer and flavored malt beverage during the two-week period that ended December 2, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.