Plus, Vita Coco earnings, Drink Weird expands, Nombase data and CPG Week͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
 
 
BevnetApril 30, 2026
DAILY BRIEFING: LITE EDITION
A preview of today's news & insights for the beverage industry.
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📰 Big Today In Beverage

Phony Negroni Acquired By The Wine Group

Phony Negroni Acquired By The Wine Group
Martín Caballero's profile picture

Martín Caballero

Managing Editor, BevNET

Forever wars. Creeping inflation. Lookmaxxing.  Amidst all this crushing modern woe, is the answer really less alcohol? 

Apparently so: NA beer, wine and spirits grew 19.2% last year, and investors are noticing. As U.S. alcohol consumption continues to soften and dissipate into different zero-proof categories, there’s an opportunity for unique offerings to earn financing from backers that may have previously overlooked the space. 

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📊 Nombase Data Drop: FABID by Northhall Q1 2026

CPG Funding Trends: Capital Gets More Targeted

CPG Funding Trends: Capital Gets More Targeted

The Q1 2026 funding report from Northhall paints a picture of an environment that is cooling, but not collapsing. 

Total investment in food, beverage, and CPG brands reached approximately $340M, marking a 13% decline quarter-over-quarter as deal volume also pulled back. Investment is concentrating in growth-stage rounds, with Series A and B deals accounting for a significant share of funding.

Read the full report with Insider access

 

👉🏼 The News You Need 👈🏼

🥥 Vita Coco’s Strong Q1

Vita Coco posted strong Q1 2026 performance with 37% net sales growth to $180 million driven by retail gains, improved pricing and positive private label shipment trends.

Read the full analysis with Insider access

 

🚚 Drink Weird Adds NorCal Distribution

Things are about to get really strange… I mean weird in Northern California.

Drink Weird, the canned tea and yerba mate brand, has signed on with Donaghy Sales, giving it a distributor foothold in NorCal

Continue reading the full breakdown with Insider access

 

📰 Trending Headlines

Here’s a look at leading headlines from around the beverage industry. Go beyond the headlines with Insiders access.

  1. Oatly: Growth Playbook ‘Beginning to Gain Traction’

  2. Adapt Pivots From CBD, Charts Future In Functional Powders

  3. Sazerac Invests in Kendall Jenner’s 818 Tequila

  4. L.A. Libations Debuts ‘Re:Lid’ Resealable, Recyclable Aluminum Can

  5. Neutonic Lands $6M Raise

 

🎙️ CPG Week: Protein Ice Cream Brands Scoop Up Cash

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This week on the podcast, Brad and Lukas discuss the FMI’s online grocery report, fresh funding rounds for frozen dessert brands, why Nestle is offloading Blue Bottle and details behind the new brand from Lemon Perfect’s founder.

Click here to listen to this week’s episode. Also available on Spotify and Apple Podcasts.

Like what you are listening to? Please don’t hesitate to rate our show and leave a review on your podcast platform of choice.

 
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