News for Ocean Spray Cranberries, Inc. PFD 4% (OCESP)

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    Two join Ocean Spray’s leadership team

    LAKEVILLE, MASS. — Two executives have joined the senior leadership team at Ocean Spray Cranberries, Inc., the agricultural cooperative owned by more than 700 farmer families. Monisha Dabek was named chief commercial officer, USA, and Sarah Evans was tapped as chief human resources officer. Ms. Dabek will oversee the cooperative’s sales, marketing, innovation, consumer insights and public relations efforts for the US region. Previously, she led the enterprise strategy and innovation team at Danone, where she also held leadership roles centered in brand marketing for . . .
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    Slideshow: Caffeinated beverage market abuzz with innovation

    KANSAS CITY — The global caffeinated beverage market was valued at $202.63 billion in 2018 and is forecast to grow at a CAGR of 6.81% between 2019 and 2025, according to Grandview Research. “Rising awareness about the health benefits of caffeine drinks, such as increased metabolism and strength, will boost the product demand, thereby augmenting the market growth,” Grandview Research said. “Rising demand for these beverages due to hectic lifestyles and increased health consciousness is the major growth-driving factor.” To differentiate in this saturated market, . . .
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    Ocean Spray launches functional dried fruit blends

    BOSTON — Ocean Spray Cranberries, Inc. is introducing Ocean Spray Fruit Medley, a new line of dried fruit blends with functional benefits. The Immunity Blend includes Craisins dried cranberries, dried mangos, dried pineapple and banana chips. Each ¼-cup serving contains 250 mg of beta glucan to support immunity, according to the company. The Fiber Blend features Craisins, dried apples and dried nectarines. Each serving provides 4 grams of fiber and 14% of the recommended daily vitamins. The Probiotic Blend combines Craisins with dried blueberries, dried . . .
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    Slideshow: Innovation bubbling up in sparkling water

    KANSAS CITY — The global sparkling water market was valued at $24.51 billion in 2019 and is forecast to grow at a compound annual growth rate (CAGR) of 11.8% from 2020 to 2027, according to Grandview Research. “Increasing consumer preference for healthy alternatives to carbonated and other types of sugary soft drinks is the key factor for the market growth,” Grandview Research said. “Moreover, this sparkling or carbonated water contains a good amount of minerals, such as magnesium and calcium, with a number of health . . .
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    NECG adds former B&G CEO

    WESTPORT, COnN. — Kenneth G. Romanzi, former president and chief executive officer of B&G Foods, Inc., has joined The New England Consulting Group (NECG) as a principal and adviser to its food and beverage practice.  Mr. Romanzi brings nearly 40 years of marketing, sales, operations and general management leadership to his new role, most recently as president and CEO of B&G Foods from January 2019 to November 2020. Earlier, he was executive vice president and chief operating officer of B&G Foods. He joined the company . . .
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    Ocean Spray launches caffeinated sparkling water line

    BOSTON — Ocean Spray Cranberries, Inc. is expanding into a new category of sparkling beverages with the launch of Wave, a line of naturally caffeinated sparkling waters made with fruit juice. Wave is the cooperative’s first new launch of 2021. Developed exclusively for Walmart, it is available in strawberry-lemon, mango-passionfruit, mandarin-blackberry and cranberry-pineapple flavors, each containing 50 mg of caffeine derived from black tea. The sparkling waters contain no added sugars and are free from artificial flavors, preservatives and sweeteners. “Ocean Spray Wave bridges the . . .
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    Taking clean label to the next level

    CHICAGO — Nothing artificial, free of allergens and a short statement featuring recognizable ingredients are the attributes that have been the drivers of the clean label trend. But when it comes to beverages, clean is evolving to include the removal of characterizing, albeit sometimes undesirable, components, such as the alcohol in wine, the lactose in milk and even the sugar in juice. Clean label beverage innovation also is about using ingredients associated with cleaning the body and cleaning the planet and using technologies that assist . . .