Even as flavored water continues to be among the fastest growing beverage categories in the U.S., aguas frescas haven’t quite been able to enjoy the same success, despite repeated attempts by some of the industry’s biggest manufacturers to crack the market with a ready-to-drink product. Yet after years of fits and starts, that could be in the process of changing.
From fast rising functional ingredients to declines in dairy, BevNET reached out to a group of suppliers, brands and industry experts to get their insights as to where the market for ingredients and flavors in beverage will be going in 2019.
Sunny Delight Beverages Co. won a class action lawsuit that claimed that labelling for the brand’s fruit-flavored drinks did not clearly indicate the products were artificially flavored; Capri Sun sues manufacturer for breach of contract; Connecticut mulls its own soda tax.
Boston’s Harpoon Brewery is latest craft brewery jumping into the hard seltzer space. The company's new product line, a collaborative effort with Worcester, Massachusetts’ Polar Beverages, is called Arctic Summer.
In this episode, we talk innovation strategy with Ben Mand, the CEO of super-premium coconut water brand Harmless Harvest, and talk with Michele Simon, the founder and executive director of the Plant Based Food Association, about the changing landscape for plant-based foods.
As the strategics stake their ground(s) in coffee, independent cold brew remains a vibrant space that the leading companies have yet to fully explore. Industry analysts say independent brands are just getting started.
New York-based Q Mixers has hired Mike Atkins to serve as EVP of retail; Former PepsiCo general manager Walter Cybulski has joined antioxidant water brand Napa Hills as VP of Sales; Distill Ventures announced this week the hiring of Nicolas Proszenuck as investment director; Lisa Chang has been named The Coca-Cola Company’s new chief people officer.
Hormel Foods Corporation has announced a deal to sell CytoSport to PepsiCo for $465 million, as the company behind the Muscle Milk brand looks for a new start less than five years after its acquisition by the food conglomerate.
Garret Mccormick is the co-founder of Thirty-Two Degrees, a kefir company that has developed an innovative product by fermenting coconut water. The probiotic packed beverage is organic and naturally dairy-free, offering a unique alternative to traditional kefir.
The world’s largest beer company today announced the purchase of fast-growing Cutwater Spirits, a craft distilling venture that was originally born inside of Ballast Point Brewing & Spirits.
PathWater is a California-based water brand packaged in reusable aluminum bottles intended as an environmentally-friendly alternative to single-use plastic. The company’s founders say they’re not overly concerned with the brand’s profit margins, but are seeking to launch a “revolution” that will reduce waste and curb the industry’s carbon footprint.
Natalie’s Orchid Island Juice Co. founder/CEO Marygrace Sexton spoke about the brand’s origins and the two rules that govern its business strategy. She also explained why she’s determined to adopt a softer leadership style and how she’s preparing her daughter to take the reins
Colorado-based kombucha maker Rowdy Mermaid has raised $3.5 million in a Series A round led by private investment firm KarpReilly, the company announced today. Rowdy Mermaid plans to build the brand’s presence in the conventional and convenience channels, but will also focus on adding food service accounts including schools and universities and vending.
In a webinar entitled “Cannabis Legalisation: How It Will Disrupt the Future” hosted by market research company Euromonitor International on Thursday, Shane MacGuill, head of tobacco research, and Spiros Malandrakis, head of alcoholic drinks research, looked at several ways in which cannabis will likely disrupt the tobacco and alcohol industries as well as how these industries can adapt.
