As summer approaches, Boston Beer, the maker of Sam Adams, is experiencing an uptick in demand for its hard iced teas as consumers increasingly turn away from traditional beer in favor of new flavors. Twisted Tea, a malt-based brand launched by Boston Beer in 2001, is gaining traction amidst the rising popularity of hard tea. … Read more
Hershey is urging the White House to exempt cocoa from tariffs, as an intensifying trade conflict could drive chocolate prices even higher. The manufacturer of Kisses and Almond Joy informed investors that it anticipates tariffs will cost between $15 million and $20 million in the second quarter as the company navigates its existing cocoa inventories. … Read more
Hikers and travelers now have an innovative way to enjoy their favorite Dunkin’ order on the go. The coffee and donut brand has partnered with Second Nature Brands’ Kar’s Nuts to introduce two new trail mixes: Caramel Cold Brew and Frosted Donut with Sprinkles. These mixes feature a combination of roasted, salted, and butter toffee … Read more
Reflect on a nostalgic product, perhaps a beloved cereal or snack that feels “different” today or has disappeared entirely. For instance, consider Fruit Stripe gum, which was discontinued after 54 years due to evolving consumer preferences and purchasing habits. Then there’s Kirkland’s Signature Chocolate Chips, discontinued by Costco as a result of soaring cocoa prices. … Read more
Oatly, a Sweden-based oat milk producer, initially thrived during the plant-based milk surge in the late 2010s. However, since its public offering four years ago, the company has struggled to achieve profitability amid a slowdown in the market. Despite expanding its presence beyond the U.S., Oatly is now focusing on revitalizing its sales in America. … Read more
Three years after Coca-Cola ceased production of Honest Tea, the organic, low-sugar brand co-founded by Seth Goldman, the entrepreneur expresses no resentment toward the beverage giant. “People ask, ‘Are you upset with Coca-Cola?’ I respond, ‘How could I be upset?’ … I certainly never wanted Honest Tea to be discontinued, but now that it has, … Read more
As the food and beverage sectors encounter pressure from the Trump administration to eliminate artificial dyes, ADM’s ingredients division is experiencing an increased demand for natural colors. Luciano is optimistic that this trend could stimulate future growth for the struggling nutrition segment. ADM’s nutrition unit, which encompasses its flavor and ingredient businesses, has faced challenges … Read more
Ferrero is set to introduce a new variant of its beloved Nutella spread featuring peanuts, marking the brand’s first significant flavor innovation in its 61-year history. Named Nutella Peanut, this new product will launch next spring and merges the creamy texture of the classic cocoa hazelnut spread with the crunch of roasted peanuts. It has … Read more
Sauce producer Ragù is venturing into a new aisle of the grocery store with a range of frozen pizzas. The nearly 90-year-old sauce brand has partnered with frozen pizza manufacturer Palermo Villa to introduce four varieties: cheese, pepperoni, supreme, and a combination that features mozzarella, Italian sausage, and pepperoni. These pizzas will retail for prices … Read more
Danone is making its debut in the $7 billion protein shake market as the consumer packaged goods giant seeks to expand its Oikos yogurt brand into new food categories. Based in Paris, the company is launching an Oikos protein shake that caters to the growing consumer demand for functional, on-the-go nutrition. This new offering marks … Read more