The Top 10 Most Read BevNET Stories of 2021
Whether it was closing deals, filing lawsuits or simply reshuffling product rosters, 2021 saw beverage industry operators staking out positions and fighting to defend them in a variety of ways.
Headlines
Nielsen: Price Hikes Help Offset Uneven Volumes
Driven in part by manufacturer price increases and decreased promotional activity, dollar sales growth remains strong across non-alcoholic beverages, according to the latest analysis of Nielsen data by Goldman Sachs Equity Research.
Water Startup Jovē Building Around “Cellular Hydration” Message
Jovē (pronounced Joh-Vee) produces a 9.5 pH alkaline water made using a patented “Advanced Cellular Hydration Technology” that involves adding essential minerals and charging the water with electrons in order to help the body absorb it.
Royal Refresh: Marquis Rebrand Trades ‘Energy’ for ‘Caffeinated Refreshment’
The California-based company, launched in 2013, announced this week a visual refresh and reformulation for its three-SKU line of sugar free energy drinks, available in Super Berry, Mango Ginger and Citrus Yuzu flavors, with the aim of creating a package design that reflects its positioning as a natural “caffeinated refreshment” beverage.
Taste Radio: How To Make Retailers, Investors And Trendsetters Love Your Brand
This special edition of the podcast features highlights from interviews with six founders, creators and innovators who joined us on the show during the second half of 2021. Our guests include award-winning television host, chef and writer Andew Zimmern; Vanessa Pham, the co-founder and CEO of Omsom; Erewhon chief growth officer Kabir Jain; Catherine Dockery, the founder of Vice Ventures; Foxtrot Market co-founder and CEO Mike LaVitola; and Danielle LiVolsi, the founder and CEO of Nuttzo.
Pricing, Problems, and Potential: A Look at RTD Cocktails Packaging
Producers across all beverage alcohol segments have to pick between a relatively small menu of standard packaging options: aluminum cans, glass bottles, or, in rarer instances, less common alternatives like bag-in-a-box.
Humm Expands Platform as ‘Drink Better Co.’ with Probiotic Sodas and Seltzers
Humm Kombucha is the latest to enter the burgeoning functional soda category with its newest innovation, Humm Probiotic, a line of shelf stable sodas and seltzers positioned around gut health and immunity benefits.
Distribution Roundup: Caliwater Heads East and Wynk Hits Maine
Cactus water brand Caliwater is heading for the East Coast with a new expansion into New York, New Jersey, Pennsylvania and Maryland stores; Cannabis seltzer brand Wynk is branching out around the country, now adding dispensary accounts in Maine; Chilean plant-based milk maker NotCo is expanding its U.S. presence.
Watch: Category Closeup – Zero Proof Drinks
In this episode of Category Closeup, we examine the current state of the “zero-proof” beverage category, including why the movement is gaining momentum, how entrepreneurs in the space are standing out in an increasingly competitive category, the impact of format and packaging innovations, and how the shifting context around health and wellness is influencing overall growth in the segment.
Tru Drinks Aligns With Polar, Btomorrow Ventures For $3.6M Round
Massachusetts-based functional drink maker Tru is poised to move into a new growth stage with the closing of a $3.6 million funding round that includes participation by powerhouse New England beverage manufacturer and distributor, Polar Beverages.
Ten Whiskeys To Get You Through to 2022
Whether you're looking for last minute gift ideas or some holiday sippers for yourself, here's a look at some of the notable new end-of-year whiskeys, including two special expressions from Heaven's Door and a straight bourbon inspired by British metal legends Motörhead, plus other non-music related releases.
Taste Radio: Authentic. Modern. Innovative. This Brand Is Doing It All.
Hector Saldivar, the founder and CEO of Tia Lupita, explained why the brand is focused on updating and innovating upon authentic Mexican food, how he’s educating consumers about esoteric ingredients, the retail strategy for three distinct product lines and what he’s learned as an immigrant entrepreneur.
Analysts: Vita Coco Becoming “More Ubiquitous,” Set for Long-Term Growth
Analysts at Goldman Sachs Equity Research are feeling optimistic about the long term growth potential for Vita Coco following a meeting last week with the company’s executive management. According to a report issued by Goldman last week, the New York-based brand may see strong momentum in 2022 for its recently expanded innovation portfolio.
BevNET Category Closeup Returns Wednesday With Panel Discussion on “Zero Proof” Drinks
BevNET's Category Closeup video series returns this week with a panel discussion focused on the emergence of the no/low alcohol and "zero-proof" drinks movement, examining why the trend is gaining momentum, how entrepreneurs in the space are standing out in an increasingly competitive category, the impact of format and packaging innovations, and how the shifting context around health and wellness is influencing overall growth in the segment.