Did anyone see this coming? Last week, BevNET learned that the Coca-Cola Co. and PepsiCo plan to launch prebiotic, low-calorie sodas in 2025. How will their respective forays impact the fast-growing category and what does it say about potential acquisitions of leading brands Olipop and Poppi? The hosts weigh in.
Seoul Juice, a brand of bottled Korean pear juices, has been acquired by Arizona-based CPG portfolio company FoodStory Brands, three years after its founding in a St. Louis University dorm room.
The U.S. hemp-derived THC product market is expected to have 2024 annual sales worth $3.5 billion annually, growing to $4.4 billion by 2029. Brightfield Group estimates that sales of hemp-derived THC beverages nearly quadrupled from 2023 to 2024, growing from $102 to $382 million in annual sales, and are expected to hit $750 million by 2029 with a leading 14% CAGR.
Diageo is reportedly exploring a sale of Cîroc Vodka, the brand once transformed by the support of disgraced music mogul Sean “Diddy” Combs, who is now in prison facing federal charges of sex trafficking among other crimes.
The first of two major reports that will inform the 2025 Dietary Guidelines for Americans’ alcohol consumption recommendations has found that moderate drinking is better than not drinking for certain health issues.
This year, BevNET moved our coverage even deeper into spirits, RTD cocktails and a new generation of “adult” non-alcoholic drinks. It’s only fitting that we expand our awards to honor the work of entrepreneurs pushing these categories to new heights.
It might seem like coffee brands are rushing to enter canned cold brew, but for “beanless” varieties, RTDs seem to be falling out of fashion.
For the first time in over 50 years, a new American spirit category has been born. What's next for American single malt?
Get ready for our December Community Calls! This month, dive into key regulatory issues affecting CPG and unique paths to funding. Our December calls are free and open to the public—just register in advance and mark your calendar.
Spindrift is just one of many emerging brands trying to extend its platform into mocktails without actually extending its platform in the traditional ways, like new sub-brands or specialty lines. But why?
Being “basic” has long been a theme of Trey Kennedy’s popular standup routine and sketch comedy. He recently introduced the perfect pairing for his humor, Basic Cellars. In this episode, Trey talks about how the upstart wine brand presents itself as both an accessible and premium option and how he attempts to authentically incorporate the brand into his social media content.
The launch of another prebiotic soda isn’t such big news these days. But when Coca-Cola and Pepsi decide to weigh in – and do not (as has been much rumored) open up their checkbooks to do so – it’s kind of a big deal. We’re still awaiting further details on these, but in the meantime, we’ve got some thoughts.
The grind is real. And fun as heck. Exhausted, but buoyant, the hosts recap NOSH and BevNET’s just-concluded winter events and specifically highlight the three pitch slam competitions and how each respective winner successfully communicated the traction and potential for their brands.
Patco Brands, the manufacturer of one of the leading wine-based ready-to-drink products and other private label brands, has made a strategic investment in Farfield, California-based Frank-Lin Distillers Products, the companies announced today.
