Mayawell: Sales Grow Despite Distribution Challenges
After a tough 2022 forced the company to take a “higher-level look” at its business, Mayawell is charting a new way forward.
Adrianne DeLuca
Assistant Managing Editor, Newsletters, BevNET & NOSH
Adrianne DeLuca is the Assistant Managing Editor - Newsletters for BevNET and NOSH.
Posts by Adrianne DeLuca
Zevia: DD Sales Growth in Q4, On Path to Profitability Ahead Of Brand Refresh
Stevia-centric beverage company Zevia saw net sales grow 3.5% to $35.4 million in Q4 while full-year sales hit double digits, increasing over 18% to $163.2 million, according to an earnings report
Study: Sweetener Erythritol May Elevate Risk for Heart Attack, Stroke
A new study in the scientific journal Nature Medicine is drawing links between popular sweetener erythritol and blood clotting, stroke, heart attack and death.
Suped Up: Super Coffee and Athletic Brewing Co Team Up On Pre-Workout Brew
Combining coffee, non-alcoholic beer and upcycled barley rice protein, the brains behind Super Coffee and Athletic Brewing believe they’ve created a product their core consumer base never knew they needed.
FDA: Dairy or Plant-Based, It’s All ‘Milk’ Per Draft Guidance
The FDA published long-awaited product labeling guidance this week that allows brands to identify plant-based milk products as “milk,” while recommending that they include an additional nutritional claim that indicates how the product compares to dairy milk.
Remedy Drinks Re-Ups With Existing Investors To Fuel Retail Growth
Australian kombucha maker Remedy Drinks has closed a Series B funding round led by L Catterton and Australian investment firm Kin Group during Q4 2022. With this cash infusion, the brand plans to drive retail expansion with new and existing partners across the U.S.
Four Loko, Koia Founder Chris Hunter Invests In Cannabis Beverage Brand Drippy
Drippy Enterprises, the makers of THC and CBN-infused Drippy Soda, announced that beverage investor and brand leader Chris Hunter has backed the company’s seed funding round in addition to joining as an advisor.
Eyeing ‘Next Level,’ Hoist Aims For Sustainable Growth
Hydration drink brand Hoist is looking to push its business to the next level with the introduction of a new format, additional distribution partners and, ideally, a forthcoming influx of capital.
Bimble Moves Into Cans After MA Hemp Laws Cease Co-Packing Agreement
Cannabinoid drink brand Bimble has ditched its 12 oz. glass bottles, kicking off the new year by downsizing into 8 oz. slim cans that pack the same 25 mg dose of CBD, but less liquid and, subsequently, less calories.
Nielsen: Non-Alc Bev Sales Stable; Volume Rebounds Driven By Slower Pricing Growth
Sales growth in the non-alcoholic beverage industry remained “robust and broadly stable” at +13.3% as price increases slowed, driving a rebound in volume growth.
Survey: C-Store Q4 Beverage Sales Strong; Retailers Cautious Toward FY Growth
Total sales of alcoholic and non-alcoholic beverages remained strong in the convenience channel last quarter, even as retailers are still cautious about if the space will sustain momentum in the year ahead due to broader economic pressures, according to results from the ‘Beverage Bytes’ survey released last week, conducted by Goldman Sachs Equity Research.
FDA Proposes New Structure For Human Foods Program
Acknowledging issues within its existing system, the U.S Food and Drug Administration (FDA) is seeking to reimagine its food program through an agency-wide restructuring, per a letter published by Commissioner Robert Califf earlier today.
FDA Says CBD Is Not A Dietary Supplement, Tasks Congress With New Oversight Plan
The U.S. Food and Drug Administration (FDA) is looking for Congress to take charge in regulating cannabinoid (CBD) products after concluding the agency’s existing authority over food additives and supplements does not provide all the necessary tools for managing the risks of CBD.
NielsenIQ: Non-Alc Sales Remain Robust, But Decelerate Incrementally
Non-alcoholic beverage retail growth remained positive, up 13% over the two week period ending January 14, 2023, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research. However, sales decelerated year-over-year as increases in average pricing (+15.9%) drove volume down (-2.9%).