Nestle
Local Chef Entrepreneur Will Manage New Nestlé Lanka Food Kiosk
The Colombo-based Nestlé subsidiary launched “Café Goodness,” a kiosk selling Nestlé foods and beverages, through Nestlé Professional, an out-of-home food and beverage solutions provider, at a local cricket club. The kiosk, described as part of Nestlé’s efforts toward “doing good for the community,” was handed over to an aspiring entrepreneur/chef experienced in both the food, beverage, and service industries. The company will provide support on infrastructure, recipes, and training.
Other Companies
Liquid Death Secures $75M Series C Funding
The Los Angeles-based purveyor of canned Alpine mountain water that will “murder your thirst” says the new cash will be used to further expand distribution. Liquid Death is now carried in more than 29,000 locations in the U.S. including Whole Foods Market, Target, Safeway, and 7-Eleven stores. Revenue reached nearly $45 million last year, up from $3 million in 2019 when the company sold its first can. The brand’s product line includes products with punk-metal-themed names, including Berry It Alive, Severed Lime, and Mango Chainsaw. Liquid Death has now raised $125 million and is valued by its backers at $525 million. Backers include the startup studio Science, Live Nation, PowerPlant Partners, Access Capital, and Nomad Ventures.
Miller Family Wine Company Enters Non-Alcoholic Space
The Santa Maria, Calif.-based division of the Thornhill Companies announced that professional chef Cat Cora has helped to create Hand on Heart, a premium, non-alcoholic wine. Available in chardonnay, cabernet sauvignon, and rosé formats, the wines are lower in sugar, calories, and carbs compared to other no- and low-alcohol beverages. The company acknowledged that there is an increasing number of premium non-alcoholic spirit and beer offerings, but “non-alcoholic wine options continue to be extremely limited.” Miller acquired BNA Wine Group’s portfolio of wines in late 2020 for an undisclosed sum.
Former MillerCoors Execs Launch Healthy Sparkling Water
Chicago-based Good Beverage company has launched “heywell,” a line of sparkling waters formulated with vitamins, adaptogens, herbs, and super berries. Each beverage – Energy + Focus, Energy + Immunity, and Calm + Restore – delivers a specific functional benefit and contains ingredients such as amla berry, schisandra, and L-theanine. Schisandra, for example, is a bitter-tasting antioxidant-rich berry linked to reduced stress and sustained energy and focus. After a debut at Chicago grocer Foxtrot, and the pandemic monkey wrench thrown into expansion plans, the company partnered with online and delivery platforms such as SnackMagic, GoPuff, and Good Eggs to build brand awareness.
Creators Of Ginsation Ginger Drink Target Pregnancy Discomforts
Fairfield, Calif.-based Good Root Goodies, launched by two sisters, markets a ginger-root based beverage that delivers health benefits for pregnant women and others, such as boosted immunity, extra energy, reduction of nausea, and reduced indigestion. The beverage is made from organic ginger grown in Peru, not in China. Low in calories, sugar, and carbs, the beverage comes in Citrus Mist, Sunshine Burst, Cherry Delight, and Fresh Zest (vegan) flavors. All carry the strong spicy taste of ginger. “One of the differences with our drink is that ginger is a main component,” one of the sisters said.
U.S. Dairy Consumption Not Affected By Plant-Based Competition
Over the past year, the availability of plant-based milks has not adversely affected total dairy consumption in the U.S., according to market watchers. Dairy grocery store sales rose 14 percent in 2020 from 2019, to $67 billion, according to market researcher IRI. During the first seven months of 2021, dairy generated $34 billion in sales (per IRI data). Compared to the large sales peaks of 2020, this amounts to a 4.3 percent decline year-on-year, but an 11.1 percent increase compared with 2019. In refrigerated milk, for the 52-week period ended July 11, 2021, skim/low-fat retail sales were down 1.6 percent to $6.8 billion, while whole milk sales were up 2.2 percent to $4.9 billion, according to IRI.
Upbeat Report On Capsule Coffee Market Available
A report on the capsule coffee market from Indian data aggregator HTF Market Intelligence Consulting (Pune, Maharashtra) says the market is likely to continue its healthy growth pace through 2027. The report covers major players in the industry, including Nestlé Nespresso (Switzerland), Illy (Italy), Vittoria Food and Beverage (Australia), Lavazza (Italy), Caffitaly system (Italy), Belmoca (Belgium), Mera (Italy), BORBOBE (U.S.), Gourmesso (U.S.) & Bosch Tassimo (Germany). The study covers on-going status, percent market share, upcoming growth patterns, development cycle, SWOT analysis, sales channels, and distributions that anticipate trends.
Planting Hope Company Expands Sesame Milk Line
The Chicago-based nondairy food and beverage company has added new refrigerated products to its sesame milk product line. The two 48-ounce options – unsweetened original and unsweetened vanilla sesame milk – are being launched into Kroger affiliate stores Fred Meyer, Ralphs, King Soopers, and Mariano’s. The bottles join the brand’s range of shelf-stable cartons, which includes original, unsweetened. The sesame milk range is vegan, gluten-free, Non-GMO Project Verified, and certified kosher, and contains 8g of protein per serving.
Westrock Coffee Company Expands Production Capacity Here And Abroad
The Little Rock, Ark.-based coffee roaster is buying a new facility in Conway, Ark., expanding extracts manufacturing capacity, and launching new operations in Malaysia. The new Conway plant will expand operations and beverage capabilities, and will be used to develop and produce coffee, tea, and ready-to-drink products, including canned and bottled cold brew coffees, lattes, assorted teas and juice-based products, and single-serve coffee cups. The company’s extracts factory in Concord, N.C., will be expanded to meet demand for extract, tea, and herbal products. New operations will be established in Johor Bahru, Malaysia, to serve the Asia-Pacific, Middle East, and North Africa regions.
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