RTDs Market Overview OPUS Spring 2024 – Report by CGA
A similar proportion of consumers drink hard seltzers and RTDs, with 15% consuming hard seltzers and 17% ordering RTDs.
A similar proportion of consumers drink hard seltzers and RTDs, with 15% consuming hard seltzers and 17% ordering RTDs.
This report, which provides an on-premise spirits update, features exclusive content created just for our BevNET Insider audience!
Matt Roberts, the founder of groundbreaking instant coffee brand Comeeter Coffee, talks about how he disrupted the category by delivering a high quality drinking experience and how his constant desire to learn more has helped him become a better leader.
Daily BevNET readers are likely aware of the regulatory setbacks that have hit big cannabis markets like California and New Jersey in recent weeks, but despite those challenges more cannabis industry players are flocking to the opportunity.
In this week’s new products roundup, Peet’s Coffee unveils its first-ever concentrated espresso, Stash Tea makes its first foray into lattes and prebiotic soda brand Poppi joins forces with Post Malone.
When worlds collide, do consumers benefit? The hosts weigh in on Lunchly, the much hyped new Lunchables competitor launched by uber influencers and entrepreneurs Mr. Beast, Logan Paul and KSI. They also highlight unusual collaborations between fashion and consumer brands, and reach for healthy soups and shots.
Sports drinks are seeing 5% increase in sales. The adjacent hydration & electrolytes category is seeing strong growth but is still a much smaller category overall.
Non-alcoholic beverage sales “modestly accelerated” in the latest two-week period ending September 7, with those sales increases driven by improved volumes amid stable pricing growth.
Kaveh Zamanian, the founder of Rabbit Hole Distillery, talks about how his personal passion for whiskey became an entrepreneurial journey, how he assembled a team of industry veterans early into the development of the company, why he credits a strong social support network as key to his career transition and pitching 1,000 investors over the course of two years and how he got 110 to say “yes.”
It’s election season, and as much as brands may not want to get dragged into the fray of partisan politics, consumers often have a way of forcing the issue – whether it’s last year’s Bud Light boycott or Vice Presidential nominee JD Vance’s much-memed comments on Diet Mountain Dew this summer – politics will find CPG one way or another.
In this week’s new products roundup, Coffee Mate takes inspiration from a classic breakfast food, Jones Soda drops its latest limited edition craft soda flavor and Empyrean Brewing Co. expands into hop-infused waters.
It’s another drag for canna-brands. The hosts discuss an emergency regulation in California that would remove food and beverage brands containing hemp-derived THC from stores in the state. They also wonder about the runway for a trendy flavor and highlight several new and unusual products.
The plant-based beverage market, while seeing a slight plateau in overall consumer adoption, is rapidly evolving through product innovation and the emergence of niche categories.
BevNET’s annual “Best Of” Awards commend companies, brands, individuals, products, ideas and trends from across the ever-changing beverage industry landscape. The highly-anticipated awards show will take place in Marina del Rey, CA on the first day of BevNET Live Winter 2024, taking place December 8-10, 2024.