Martín writes news articles and feature stories covering the non-alcoholic beverage industry for BevNET. A graduate of Boston University, Martín's previous work has appeared in USA Today, The Boston Globe and The Boston Herald.
After opening a new investment round in January that has already raised $5 million, Sanzo is adding some star power to its cap table, announcing this morning that producer/DJ Steve Aoki and actor Simu Liu are joining the sparkling water brand as investors.
SunOpta is trending positive despite another year of double-digit revenue declines, beating analysts’ expectations by posting $11.7 million in losses for Q4 2023 and $181.6 million for the year in its latest earnings report.
![Vita Coco: Price Hikes Don’t Slow Q4, FY 2023 Sales & Volume Gains [Updated]](https://dg6qn11ynnp6a.cloudfront.net/wp-content/uploads/2024/02/28112916/bevnet_vitacoco_public_thumbnail-150x150.jpeg)
The Vita Coco Company reported solid growth in both net sales and volume during Q4 2023 and FY 2023, as a focus on driving the company’s flagship coconut water into more occasions continues to drive profitability.
We spoke with Monarch Emulsions' chief marketing officer Derek Gould about the company’s market strategy, its outlook on the rise of hemp-derived D9 drinks and the major industry-wide challenges that lie ahead.
Westrock Coffee is expanding its already ambitious strategic vision for ready-to-drink, announcing yesterday an agreement with Texas-based Select Milk Producers to create a joint venture for dairy or plant-based milk coffee-based beverages.
MTN Ready aims to bring a narrowly specific function to a mass audience with its powder drink mix: treating the nausea, headache, listlessness and other effects of high altitudes.
Seth Rogen is the latest Hollywood name looking to be a part of your morning cup with Houseplant Coffee, a collaborative venture announced this morning between the actor’s Houseplant brand and frozen coffee capsule platform Cometeer.
Instacart is facing a pair of lawsuits from disgruntled shareholders seeking to recover damages for losses incurred after the online shopping platform allegedly knowingly exaggerated its growth prospects.
Famed neuroscientist and podcaster Dr. Andrew Huberman, in conjunction with investment firm Tiny, has bought a majority stake in Canadian brand Mateína with plans on bringing its RTD products to the U.S.
The new ownership group at sports drink brand Biosteel has forged a three-year manufacturing partnership with fellow Canadian beverage maker Flow Beverage Corp.
Nutrabolt, the nutrition supplement maker behind Cellucor and C4, has taken a 20% ownership stake in health supplement maker Bloom Nutrition.
Nutpods, the plant-based coffee creamer brand founded in 2013 by Madeline Haydon, has been acquired by Kroger-backed investment group MPearlRock, the company announced this morning. Terms of the deal were not disclosed.
Rowdy Energy’s former CEO Jeff Church, who co-founded the brand with NASCAR star Kyle Busch in 2020, revealed that the energy drink company will be shutting down its operations by the end of this month.
Lemon Perfect’s plans for 2024 follow a simple strategy: go big. That applies to both physical footprint -- in the guise of a new 15.2 oz. PET bottle, replacing the existing 12 oz. format -- and the brand’s market ambitions.
