FI Fast Break audio news: June 19, 2024
The latest Food Institute Fast Break news podcast breaks down a major merger in the bottled water category.
Tag: Bottled Water
Could Harmful ‘Forever Chemicals’ Soon Vanish?
Toxic PFAS chemicals found in items like fast-food wrappers are impossible to destroy – until now, it would appear, thanks to new research.
Innovation Continues to Drive Beverage Category Growth
From bottled water and better-for-you bubblies to convenient coffees and cocktails, the beverage market is booming. Total sales for center store beverages reached $86 billion in the 52-week period ending June 12, per IRI, making …
Why Essentia’s Growth and Exit is a Critical Model for Strategics and Smart Investors
Many investors are chasing the next RX Bar deal. They scan trade PR, follow Bevnet, and angle in aggressively on the latest fad-driven startups. When these folks approach founders, they like to pressure the founder …
Danone Feels Pressure from COVID-19 and Weaker Sales
Danone is being pressured on three fronts: nondairy substitutes are failing to compensate for a slowdown in yogurt consumption, demand for bottled water has wilted, and infant formula sales have weakened due to slowing birthrates. …
Nestle’s Sale of Water Brands Signifies Key Change in Philosophy
Nestle has agreed to sell its regional spring water brands, purified water business and beverage delivery service in North America to One Rock Capital Partners, in partnership with Metropoulos & Co., for $4.3 billion. The sale includes …