Food and Beverage Industry

Keurig Dr Pepper (NASDAQ:KDP) has now outpaced Pepsi by PepsiCo. Inc. (NASDAQ:PEP) to claim the title of America’s second-favorite soda. This development marks a notable change in consumer preferences and industry dynamics. What Happened: The market share data from Beverage Digest revealed...

In light of the economic pressures on low-income households, leading food corporations are revamping their product lines and marketing strategies. This pivot aims to accommodate the changing spending habits as consumers face financial constraints. What Happened: Companies such as Kraft Heinz (...

As the lab-grown meat industry gains traction with federal backing and high-profile investments, several U.S. states are taking a stand against the sale and distribution of these products, raising questions about the future of this innovative food sector. What Happened: Several U.S. states are...

The rising popularity of weight-loss drugs like Ozempic is now pressuring food companies to reevaluate their business strategies. According to a recent Bloomberg Markets Live Pulse survey, investors are urging food companies to revamp their offerings to counter the growing influence of these...

This story was first published on the Benzinga India portal. Food and beverage giant PepsiCo's (NASDAQ: PEP) Indian arm has announced a significant investment of approximately $95 million to establish its first food-centric manufacturing facility in the northeastern Indian state of Assam,...

Wendy's (NASDAQ: WEN) shares are advancing by as much as 3% on Wednesday's trading session; the rally in the stock comes amid the company reporting its first quarter 2023 results. The bullish sentiment reflects the operational improvements within the business, coupled with pleasant...

In early 2007, officials at the Belgian brewing giant InBev started quietly talking about the possibility of taking over one of the biggest beer brands in the world. What made the Europeans start to think they could actually acquire Anheuser Busch, the makers of the iconic Budweiser brand, a name...

Coca-Cola (NYSE: KO) is among the best-known brands in the world, and its stock has been a portfolio staple since not long after its 1919 IPO. It's now among the giants in terms of market capitalization, having recently crossed the $250 billion market cap threshold. But it didn't...

Two large private carriers are set to combine, as Performance Food Group (PFG) (NYSE: PFGC) announced that it has entered into an agreement to acquire Reinhart Foodservice, LLC in a $2 billion deal ($1.7 billion excluding a $265 million tax benefit). Richmond, Virginia-based PFG is a foodservice...

Breakfast may be a person's most important meal of the day, but it's also a hugely competitive market for fast-food restaurants. According to the food industry web site Technomic, about 28 percent of the top fast-casual chain restaurants currently offer breakfast, up 8.8 percent from the third...

Starbucks (NASDAQ: SBUX) vanilla Frappuccino grande: 58 grams of sugar. 20 ounce bottle of vitamin water: 33 grams of sugar. Eight ounce bottle Tropicana 100 percent orange juice: 25 grams of sugar. These are three small examples of common, regular items that are being cited by scientists to...