Food & Beverage News

Key Points Drink giants from Starbucks to Coca-Cola are introducing functional beverage products like protein coffee and prebiotic sodas. The $160 billion functional drinks market reflects demand from health-conscious young consumers. Social media has also turned functional drinks into a “status symbol,” Olivia Ferdi, co-founder of wellness drinks startup TRIP, told CNBC. Starbucks Beverage brands…

The change comes a year ahead of schedule. WK Kellogg said Thursday that it will remove artificial colors from all its cereals by the end of this year. The change comes a year ahead of schedule. Kellogg said last August that it would remove synthetic dyes from its cereals by the end of 2027. But…

The Yemeni coffeehouse out of Dearborn, Michigan, beat Alfred Coffee in the finals to claim top honors. Haraz Coffee House has emerged victorious in Nation’s Restaurant News’ first-ever Coffee Showdown, defeating runner-up Alfred Coffee in the competition celebrating up-and-coming emerging coffee chains. The Showdown series highlighted chains that could be the next Starbucks, and finalists…

The transaction expands the fast-growing company into super-premium offerings. Dive Brief: Vita Coco has acquired super-premium coconut water maker Copra in a deal worth up to $275 million, according to a press release Wednesday. The transaction includes a $175 million upfront consideration with an additional earnout between $45 million and $100 million in 2029 based…

VEVEY, SWITZERLAND — Nestle SA and the private equity company Platinum Equity, Beverly Hills, Calif., have created a 50:50 joint venture called Peranel that will own and operate Nestle’s waters and beverage businesses. The business will include more than 30 brands around the world, including S. Pellegrino, Perrier and Nestle Pure Life. “By partnering with…

Stacey Pool will oversee the chain’s next phase of growth, including a pipeline of at least 200 units, which would nearly triple the chain’s current store count. Name: Stacey Pool New title: Chief growth officer, Ziggi’s Coffee Previous title: Chief marketing officer, FullSpeed Automotive Stacey Pool joins fast-growing Ziggi’s Coffee during a “pivotal moment,” the…

Bellring Brands named Michael Axelrod to lead the company as it looks to maintain its top spot amid increased protein shake competition. Dive Brief: Premier Protein maker Bellring Brands has appointed snack industry veteran Michael Axelrod as CEO to help reinvigorate brands and fend off increased protein shake competition. Axelrod will become president and CEO…

The parasite is typically spread by fruits or vegetables exposed to contaminated irrigation water. NEW YORK (AP) — Nearly 1,000 people in Michigan have been diagnosed with a parasitic infection that can cause weeks of watery diarrhea, making it the largest such outbreak in state history and one of the nation’s largest in years. No…

The food and beverage giant reported stronger than expected revenue despite weaker demand. NEW YORK (AP) — PepsiCo reported stronger than expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets due to economic concerns. The food and beverage giant said Thursday that its net revenue…

PARIS— Monster Beverage Corp. saw double-digit sales growth in each of its global operating segments during its 2026 fiscal first quarter, which was the first first quarter in the company’s history to cross the $2 billion net sales threshold. Monster anticipates further future growth as its strategy in emerging regions takes hold. At the recent…