After a decade of growth, Westrock is preparing to solidify its position as a dominant force in North American coffee production, capable of serving all channels of trade. The timing appears to be fortuitous as well; Americans are increasingly favoring cold coffee over hot, RTDs are still growing and a new crop of celebrity and influencer-led brands have joined the fray.
The annual BevNET Supplier & Services Guide.
Originated in the late 1980s, the buzzy espresso martini has made a few comebacks in its lifetime. But why now, and how to explain its reign over other caffeinated cocktails?
Now that COVID’s impact on social settings has faded, premium mixer brands are taking what they learned during the pandemic back into on-premise locations, while also tapping a growing set of consumers: the low- and no-alcohol community.
At the conclusion of each year, BevNET honors the companies, brands, individuals, products, ideas and trends that have helped drive positive growth across the industry over the last 12 months.
As we look further into the new year, we broke down a few of the top flavor and ingredient trends expected to play a big role in 2024’s new beverage innovations.
In beverage news: Anheuser-Busch, 1st Phorm to Partner for Energy Drink Line and Spindrift Agrees Sale to PE Firm Gryphon Investors.
As the bev-alc marketplace becomes increasingly noisy and overwhelming, the unofficial theme of the 2023 Brewbound Live business conference was “focus.”
Nosh Live came to its new home in Marina Del Rey, California on November 30 with a blockbuster list of presenters discussing the most pressing issues in consumer packaged food.
In food industry news: Acid League Closes Online Store to Focus on International Retail Growth; Whole Foods Updates Forager and Local Brand Designations; Danone to Divest Horizon Organic, Wallaby to Private Equity Firm; and Legacy Popcorn Maker Weaver Holdings Acquired By Private Equity.
The risk that Olipop and Poppi may pose a genuine threat to the core CSD business of Coke, Pepsi and KDP certainly baits those companies to pay – or overpay – for those brands. That way they can either ride the wave or neutralize it. It should be worth a billion or two to avert any threat these brands pose.
UFC Middleweight Champion Sean Strickland sat behind a bottle of Monster Energy last week while he preached a sermon of intolerance and hate. Even worse, it appears, Monster plans to continue to stand behind Strickland.
Coconut milk and RTD coconut milk by sales and growth.
The venue may have changed from Santa Monica to Marina Del Rey, but the 2023 edition of BevNET’s annual winter conference in Los Angeles brought the expected high levels of energy and excitement across the two day event in December.
In craft beer news: Craft’s 2023 Through the Numbers; New Belgium and Bell’s Claim 9 Craft Top 30 Spots; 5 Athletic Non-Alc Offerings Among Top 25 Craft Growth Brands of 2023; and Bump Williams Consulting: 2023 a ‘Mixed Bag’ Year for Craft.
In beverage news: Nutpods Sells to Kroger-Backed MPearlRock; Diageo, Diddy Settle Discrimination Suit; Non-Alc Retailer Boisson Sets Course for Wholesale Expansion; Oatly Launches Two New Milks; and SYSTM Foods Acquires Humm Kombucha.
On the heels of December’s wildly entertaining BevNET Live, I can say that things are looking up for the industry. It wasn’t just the 800 strong that attended the event and the hundreds who followed our live stream, that led me to come away with that conclusion, but the breadth of those attendees.
