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Companies, Organizations  

Phivida Launches Line Of Functional Beverages Infused With Hemp Extract

Vancouver, Canada-based Phivida Holdings Inc. has launched the "Oki" line of functional beverages and supplements infused with active hemp extract that will be sold in 2,400 U.S. natural specialty store locations. Oki beverages are infused with 10 mg of active hemp extract per glass bottle and come in two different formulations: iced teas and flavor-infused water, each ranging in four different 16 oz flavors. Its supplements are available in tinctures or capsules in doses of 600-1800 total mg of active hemp extract. All products are non-GMO, contain natural and organic ingredients, and are plant-based and vegan friendly. Distribution will be handled by Natural Specialty Sales (NSS), a natural/specialty retail network that includes retailers such as Whole Foods Market, Sprouts Farmers Market, and National Co-op Grocers.

"Phivida introduces premium active hemp extract infused functional beverage and supplement line to mainstream retailers in the U.S.", CNW, September 12, 2018

Deals, M&A, JVs, Licensing  

Coca-Cola Looks For Opportunities In CBD-Infused Beverage Market

Coca-Cola has issued a statement confirming that it is “closely watching the growth of non-psychoactive CBD (cannabidiol) as an ingredient in functional wellness beverages around the world.” The company is one of many that are monitoring the development of CBD-infused beverages, or have – like Molson Coors Co. and Constellation Brands – invested in the segment. Bloomberg reported that Coca-Cola is discussing the possibility of new products with Aurora Cannabis Inc. of Vancouver, Canada.

"Coca-Cola says it's 'closely watching' the opportunities in CBD-infused beverages", MarketWatch, September 17, 2018

Finance, Economics, Tax  

Meal Replacement Beverage Company Gains Venture Capital Infusion

Austrian food and beverage investor Square One Foods has acquired a seven percent interest in Saturo Foods of Vienna, Austria. Founded in early 2017, Saturo makes a range of RTD meal replacement drinks formulated with proteins, lipids, carbohydrates, minerals, and vitamins. The target market is individuals with busy lifestyles. One 500 ml bottle contains up to 25 percent of the daily balanced nutrient intake. Square One’s “six figure round” will be used to finance distribution plans, recruit additional manpower, and expand product lines, the company said. Saturo is discussing a large Series A funding round within 6-9 months. The company says it has “the potential to establish a new category of meal replacement drinks and will soon be an integral part of our beverage range, like Red Bull or Coca-Cola."

"Saturo secures six-figure investment to fund ‘new meal replacement drink category’", Nutraingredients-USA, September 14, 2018

Market News  

Optimum Nutrition’s New Sports-Energy Line Includes An RTD Sparkling Drink

Illinois-based protein powder marketer Optimum Nutrition has debuted two formats of its Essential Amin.O.Energy Plus Electrolytes beverage: a powder and an RTD sparkling drink. The new drink contains amino acids to help support muscle recovery and natural caffeine for energy plus electrolytes. Optimum’s Essential Amino.O.Energy line is mainly a variety of sugar-free protein powders in four flavors that contain caffeine (100 mg) derived from green tea and green coffee bean extract. Other ingredients include five grams of amino acids and minerals potassium and sodium.

"Optimum Nutrition Introduces New Essential Amin.O. Energy Plus Electrolytes", PR Newswire, September 14, 2018

Products & Brands  

Nestlé removes stabilizers in UHT milks in Brazil

In an effort to “simplify” the ingredient lists for its products, Nestlé’s Brazilian unit has removed the stabilizers used in the UHT (ultra-high-temperature pasteurization) long-life milks sold in the country under the brand names Ninho and Molico. The company said it is the first country where it has done this. In the U.S., Nestlé has removed GMO ingredients from its Buitoni products, and artificial colors, flavors, high fructose corn syrup, and GMO ingredients from six ice cream brands. It plans to eliminate artificial flavors and reduce the salt levels in pizzas and snacks sold in the U.S. 

"Nestlé removes stabilizers in UHT milks in Brazil", just-food, September 14, 2018

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