Milk

Dairy alternatives have been posting 8% growth in recent years, according to Euromonitor, even as milk sales have been declining. Health concerns in consumers’ minds appear to have driven the trend, according to market watchers.

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Carbonated Beverages

US retail sales of carbonated soft drinks – which have been on a downward trajectory in recent years – are rebounding, with the latest Nielsen data showing a 3% jump in the four weeks to May 19 vs the same period a year ago and a 0.1% increase in the 12 weeks to May 19, against a decline of 1.3% over the past 52 weeks.

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Your May FoodBytes

It seems like everyone is wondering where casual dining is headed — today you can stop wondering. In this month’s FoodBytes, get a sneak peek of our SNAP! Keynote Report: Casual Dining and discover the fastest-growing breakfast dishes on casual dining menus, drivers for customer visitation, and much more.

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Brynwood Partners acquired Carolina Beverage Group

Brynwood Partners acquired Carolina Beverage Group from SunTx Capital Partners. Carolina Beverage Group makes energy drinks, sparkling waters, supplement-infused waters and ready-to-drink cocktails. The company will remain headquartered in Mooresville, NC, reported Minneapolis/St. Paul Business Journal.

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Spangler Candy Co. had the winning $18.8 million bid for the New England Confectionery Co.

Spangler Candy Co. had the winning $18.8 million bid for the New England Confectionery Co. in bankruptcy court. The company’s suitors were mainly interested in its “sugar line,” while the future of other products, including the chocolate Sky Bar, the Clark Bar and peanut butter-flavored Mary Jane chews, remains unclear. The company will continue to be run out of its headquarters in Revere, MA, at least through the fall, reported The State.

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