Ready-to-drink coffee and tea are in line with today’s consumers’ wants and needs
February 12, 2020
The future looks bright for dairy processors that also produce ready-to-drink (RTD) coffee and/or tea. Such products mesh well with current consumer demand for beverages that go beyond simple hydration.
In the North American region, high growth is expected due to increases in population and other factors.
January 6, 2020
The global plant-based protein market was estimated to be valued at USD $18.5 billion in 2019 and is likely to reach USD $40.6 billion by 2025, growing at a CAGR of 14% during the forecast period, according to a new report offered by ResearchandMarkets.com, Dublin.
When it comes to some key nondairy beverage categories, the spin of the wheel has been kinder to some categories than others. The odds have been in ready-to-drink (RTD) coffee and tea's favor, while juice seemingly is facing a gaffed wheel.
The brand was created as part of the company’s Lighthouse incubator program.
November 12, 2019
Ocean Spray Cranberries Inc., Middleborough, Mass., said Lighthouse — its innovation incubator — launched Atoka, a line of herbalist-crafted plant-based drinks offering a variety of health benefits.
The company secured commitments for $850 million in debtor-in-possession funding; is in advanced discussions with Dairy Farmers of America regarding a potential sales.
November 12, 2019
Dean Foods Co. said it and substantially all of its subsidiaries initiated voluntary Chapter 11 reorganization proceedings in the Southern District of Texas.