Consumers looking for a jolt of energy were in luck this month, as several new product launches offered consumers a caffeine fix this February, including new coffee launches from STōK, Nitro Beverage Co., Soul Grind and Silk, plus innovations from Reed’s and C4. Check out the gallery for this month’s notable product releases, including new flavors from Cloud Water and Hydrant and a new Super Coffee format.
Solid growth across multiple categories helped Keurig Dr Pepper grow net sales 4.3% during Q4 2019, as CEO Bob Gamgort noted during an earnings call yesterday that the company has “exceeded” its three-year post-merger financial targets.
This week, we’re joined by Tommy Kelly and Salim Najjar, co-founders of Sound Brands, a fast-growing brand of carbonated teas and tea-infused sparkling waters. In our conversation, they explained why “a failure is really a lesson if looked at properly,” why it was costly to hire consultants without having a clear go-to-market strategy and how corporate sales have been a boon for the brand.
Premium pickle brand Grillo’s is entering the beverage set with a line of cold-pressed pickle vinegar drinks launching next week at Natural Products Expo West 2020. Grillo’s founder Travis Grillo said the expansion into beverage is part of a larger effort to build a cross-category platform brand.
Premium mineral water brand Flow Alkaline Spring Water announced today its acquisition of BOONS Collagen Water, a deal that will see the brand expand its wellness-focused product offerings with the launch of a new collagen-infused water line using BOONS’ proprietary formula.
Upcycled food may sound appetizing (ok, it may not), but as more consumers care about fighting food waste, food industry members want identifying upcycled products to be easier. This starts with creating a clear definition and labeling standard for ‘upcycled food’ — an early goal for the recently-launched industry organization Upcycled Food Association (UFA).
Adam Lewis is the founder and CEO of Miura, a startup brand focused on bringing barista-quality coffee to cans. Lewis founded the company to solve his own problem: he wanted the quality and precision of craft coffee in a ready-to-drink format.
Humm Zero, the new sugar-free line from the Oregon-based kombucha brand, is set to launch in select markets and on Amazon in April. The product will be sold in 11 oz. single-serve cans ($2.99 SRP) and 4-packs ($9.99) in four flavors: Peach Tea, Blood Orange, Ginger Lemonade and Raspberry Lemonade.
Vistar has taken a minority ownership stake in RTD yerba mate maker Yerbae, the beverage brand told BevNET, opening a partnership which will give the brand access to over 12,000 food service accounts nationwide. Yerbae CEO Todd Gibson said the investment comes as the brand prepares to roughly triple its retail distribution footprint by the end of this year.
We spoke with Marco Canora and Andrew Garner, the founder and CEO, respectively, of pioneering bone broth company Brodo about communicating its value proposition to consumers, how Canora attempts to use his influence as an award-winning chef as to support better-for-you brands and why he believes the steepest part of the learning curve in CPG is also its most frustrating.
Reed’s Inc. announced today that COO Norman E. Snyder, Jr. will succeed interim CEO John Bello in a permanent capacity effective March 1. Snyder will take on the role just months after joining Reed’s in September during a management shakeup that also saw the exit of CEO Val Stalowir.
Backed by new funding, United Kingdom-based sustainable food and beverage packaging startup Notpla, maker of edible water pods, is focusing on expanding into other markets and applications, according to a profile in Fast Company last week.
In this gallery, we highlight some of the notable new whiskey and gin releases from the first months of 2020, including a special gift box from The Macallan, the first single estate whiskey from Glenmorangie and a "Gentlemen"-inspired expression from Flaviar's Dear, Bear and Moose.
Anouck Gotlib, CEO of European-inspired snack brand Belgian Boys, spoke about how her background in fashion influenced the brand’s identity, the key to successful relationships with retail buyers, how Costco has become a critical partner for incubating new products, best practices for effective merchandising and how the company landed a deal with JetBlue.
