Data: Non-Alc Beverage Sales Remain ‘Healthy But Decelerated’
Non-alcoholic beverage sales remained “healthy but decelerated” in the two-week period ending September 23, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.
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NACS: Celsius Steps (Back) Up to 16 oz. Format
Celsius' rise to the third-largest energy player has come as the brand has cultivated a more approachable, female-friendly positioning in which its 12 oz. can format played a key role in bringing new consumers into the category.
How Brands Are Addressing Non-Alc’s Biggest Barriers
Despite non-alc’s momentum, only 26% of the U.S. consumers moderating their alcohol, say they are drinking no-alcohol alternatives to their favorite full-strength drinks, citing barriers around taste and lack of availability, according to a recent report from bev-alc data firm IWSR.
Beekeeper Coffee Co-Founders Talk NBA Inspiration, Market Moves
Pressurized margins. Competition from all sides. A scary high failure rate. Breaking into RTD coffee is not for the faint of heart. But with the backing of a seasoned team of brand builders and well-connected operators, Beekeeper thinks it has a shot.
InvestBev Backs Celeb-Branded Thomas Ashbourne RTDs
Spirits-focused private equity firm InvestBev has backed Thomas Ashbourne Craft Spirits, the ready-to-drink brand crafted with the help of celebrities like Sarah Jessica Parker. Terms of the deal were not disclosed.
Taste Radio: Why Aura Bora Doesn’t Need A Secret To Be Successful
Aura Bora co-founder and CEO Paul Voge spoke about how the botanical-centric sparkling water brand has cultivated a loyal community by focusing on flavor, why he believes that “the best marketing is sales and vice versa,” the reason Aura Bora discontinued its viral “Secret Menu,” how DTC success translates to brick-and-mortar sales and why his personal phone number is on every can.
Calexo Aims To Capture Minnesota Effect With New Business Model
Nearly five years since its launch as a cannabis cocktail company, Calexo believes it has finally found the right recipe to succeed in the THC drinks space. The critical step? Dropping cannabis.
“We Learned From Our Failures”; Inside 5-Hour Energy’s Growing Pains
Living Essentials has struggled to find its footing in the energy drink category after launching its full-sized, 16 oz. format in late 2021. Armed with more flavors and a distribution strategy focused on grocery, 5-Hour is starting to make gains.
Liquid Death Names Former White Claw Sales Head Ballard as CCO
As the brand’s footprint surpasses 100,000 doors across the U.S. and U.K., Liquid Death has named Stephen Ballard, a sales professional with over 25 years of experience in the alcohol space, as its first Chief Commercial Officer.
Distribution: Lawyers Weigh In On Contract Essentials, Red Flags
As a BevAlc business expands, how does an entrepreneur determine if a distributor relationship will be beneficial? That was the question poised during the Sovos Beverage Alcohol Summit last week, hosted by the beverage alcohol compliance shipment software company.
BevNET & NOSH Community Calls This October: Fly By Jing, Fresh Thyme, Mia Medina, and Developing Sales Analytics
Get ready for our October Community Calls! This month, hear how Fly by Jing grew a condiment subcategory, find out whether fractional sales is right for your business, talk to the VP of Center Store at Fresh Thyme, and learn how to build a sales analytics program for smart decision making.
“A Spirits-Dominant Business:” 4 Questions With Total Wine CEO Troy Rice
Since launching in 1991, Total Wine & More has grown to over 250 stores in 28 states and $5.5 billion in revenue. But within a changing beverage alcohol market, the spirits, beer and wine retailer has also emerged as a retail platform for disruptive spirits categories and products, as well as a new class of RTDs.
Taste Radio: TikTok, It’s Time To Make Money. But, Is There Any For Kids’ Brands?
The hosts discussed TikTok’s announcement that it will make its Shop feature available to all of its 150 million U.S. users and ways that it may benefit CPG brands, and also spoke about the challenge of marketing kids’ brands and why some excel while most fade away. They also riffed on several notable products, including beauty-centric beverages, snackable chocolate and Indian-inspired dips.
This Week’s New Products: Cereal-flavored Milks, MTN DEW, STōK, Cloud Water and More
In this week’s new products roundup, Mooala seeks to simplify the ingredient list of plant-based milks, MTN DEW harnesses the power of Voo-Dew in anticipation of Halloween and BodyArmor and Electrolit enter the powdered hydration space.