Two of the biggest names in beverage-alcohol data are joining forces. Global data giant NielsenIQ announced today it has acquired on-premise data firm CGA, in which it initially invested in 2009. Financial terms of the deal were not disclosed.
This week, country music superstar Brad Paisley joined the podcast to discuss his foray into the spirits business as the founder of American Highway Reserve, a uniquely crafted, super-premium bourbon. Paisley explained why product positioning was determined as the brand was developed, communicating the production story to consumers, why his name isn’t on the label and his ultimate vision for the bourbon.
Minnesota-based food and beverage company SunOpta forecasts it will double its business by 2025 with focused investment in more aseptic manufacturing capacity that will service its move into the RTD nutrition category and will help grow its oat-based products division.
When The Coca-Cola Company announced last month its decision to discontinue Honest Tea by the end of the year, the brand’s founders were dismayed by what they believed was a shortsighted decision. Two weeks later, they’re brewing up a new line of better-for-you teas to take the mantle.
Advisory firm IBC announced it has partnered with Cannaverse Technologies to serve as a brand advisor for Cannaland, a metaverse project intended to act as a hub for the cannabis consumers and members of the industry; Also, what the deal is behind an AriZona-backed stablecoin and Hummii's launch in California.
In the on-premise channel, bars and restaurants have earned more than $12,000 on average from the sale of cocktails in the first quarter of 2022, compared to the 12 weeks that ended October 22, reported CGA, which focuses on on-premise retail occasions.
Colorado governor Jared Polis has signed a bill that requires packaging producers and printed paper manufacturers to help operate and fund a new statewide recycling program that aims to increase recycling rates and create a circular economy for all recyclable materials, primarily plastic bottles, paper-based packaging and cans.
During BevNET Live Summer 2022, taking place June 15-16 in New York City, a panel of brand leaders who have launched powdered offerings in recent years will walk entrepreneurs through the benefits, challenges, and expanded horizons that water-less beverages have brought to their portfolios. The roster includes Eliza Ganesh, co-founder and CEO of superfood drinks brand Sunwink; Orion Melehan, co-founder and CEO of functional platform brand LifeAID; and Kyle Watson, VP of marketing for performance energy brand CELSIUS.
The Alkaline Water Company is officially under new leadership after longtime CEO and President Richard “Ricky” Wright resigned, effective immediately, and was quickly replaced by company director Frank Lazaran on Friday.
Betty Buzz is a new line of sparkling beverages created by actress Blake Lively. Positioned as a light, clean-ingredient and low-calorie non-alcoholic alternative to cocktails, the line features five flavors.
Taste Radio’s hosts discussed Coca-Cola’s decision to discontinue Honest Tea, the brand’s legacy and impact on better-for-you beverage and food companies and what the move might mean for emerging upstarts. They also highlighted recently announced speakers, including top executives from Whole Foods and Kroger, that will be joining the stages at BevNET Live and NOSH Live this summer and chatted about several innovative products that crossed their desks over the past month.
In this week’s roundup of new product launches, Brisk launches its first-ever sparkling tea with Taco Bell, Vita Coco adds juice to its portfolio and cannabis-infused beverage maker Cann introduces new “lite” offerings with zero sugar, plus new plant-based milks for at-home baristas, non-alcoholic cocktails and electrolyte drink mixes.
Kansas-based milk alternative startup Strive Nutrition Corp. announced today it has partnered with Perfect Day for its first line of animal-free whey protein beverages, which will launch next month online with plans to enter brick and mortar retail later this year.
Seven states plus the District of Columbia currently allow distillers to ship direct-to-consumer (DTC), but that number may be changing with a new bill making its way through the California Legislature.
