DPS Completes Bai Acquisition

DPS expects Bai to double its sales in 2017, projecting about $425 million in net sales this year, as well as adding an incremental $132 million to its existing overall net sales expectation.

Healthy Growth: Craft Soda Continues to Evolve

Craft soda brands showed that they’re still innovating and reinventing themselves at the 2017 Winter Fancy Food Show in San Francisco. Even as the category faces challenges from institutions seeking to limit consumer intake of sugar and calories, smaller entrepreneurs are stepping up to the challenge to bring new, better-for-you beverages to store shelves.

Bonafide Launches “Drinkable Veggies,” RTD Made with Bone Broth

Bone broth, cold soup, and HPP juices collided in the grab-and-go space today with the release of Bonafide Provisions’ “drinkable veggies” line, the first product to use bone broth as an ingredient in a cold, ready-to-drink beverage format.

Genius Drops Coconut Smoothie for New Superfood Line

Genius last week announced that it has discontinued its line of coconut smoothies and in its place launched a new line of organic “Superfood Smoothies.” Positioned as a healthy meal replacement drinks, the products are made with almond milk, superfood ingredients, including quinoa and maca, and plant-based protein.

Cocktail Mixers Push Towards Premium

If you are drinking a premium spirit, why wouldn't you pair it with a premium product? Across the mixer and cocktail-enhancer category, that's the question brands at the Winter Fancy Food Show in San Francisco were asking both consumers and retailers.

Reuters: Vita Coco Exploring Sale Valued At $1 Billion

Reuters Friday reported that coconut water leader Vita Coco is exploring a sale of the company, citing “multiple sources.” Vita Coco has hired investment bank JP Morgan to advise for an upcoming sale that could value the company at up to $1 billion.