It may be hard to believe, but there was a time when the world didn’t know about cold brew coffee. Look back to the mid-2010s, and you’ll find that the rumors are true: cold brew, in which coffee grounds are steeped in water for hours and kept cold throughout the brewing and bottling process, was a game changing innovation for the RTD coffee business.
Each year, BevNET’s annual Best Of awards honors companies, brands, individuals, products, ideas and trends from across the dynamic and ever-changing beverage landscape.
Q Drinks founder Jordan Silbert has often said the inspiration for his mixer brand came from personal experience – If he was spending good money on premium spirits, why would he bury those flavors in low quality mixers?
Making predictions about the future of the beverage industry is a dangerous game. Trust us on this one; we do it every year for our January/February issue, and we’re about to put ourselves on the line again right now. 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 2023.
This is BevNET’s annual RTD Alcohol Beverage Guide.
From the espresso martini’s comeback to canned hard water, there’s been no shortage of surprising developments in spirits recently. But what are the overarching trends that will shape the industry in 2023? Here are four drivers of change to look out for.
As I write this, it’s Martin Luther King Jr. Day. I love that we have an opportunity, annually, to commemorate the extraordinary life he led. His impact on society was both concrete and inspirational. He set an example of what can be accomplished when you have goodness of heart, and clarity of purpose.
So now we’re in financial market with a completely different vibe than just 18 months ago. The same investors, it seems, whose exuberance blew newly public issues into stratospheric valuations have suddenly turned very sober, holding those same targets to standards of financial discipline that never were mentioned during their road shows.
In food industry news: Popchips Sold to From the Ground Up Parent Company; Birch Benders Acquired By Hometown Foods As Sovos Narrows Focus; and NotCo Raises $70M To Build B2B Business And “Operate Like Coca Cola".
Non-alcoholic beer by sales and growth.
During the first day of NOSH Live Winter 2022, held December 1-2 in Santa Monica, California, Melissa Urban, founder and creator of elimination diet Whole30, opened the show with a sitdown discussion on building a brand through community.
As I write this it’s the middle of Dry January, or as my wife calls it, “the only thing the New York Times is writing about this month.”
In beverage news: Hoplark Restructures, Founder Eberhardt to Lead Innovation At Labs Division; KDP to Invest $863M in C4, Enters Long-Term Distribution Pact.
In craft beer news: Brewers Association’s Year in Beer Report: 9,500 Breweries Operated in the US in 2022; 550+ Breweries Open, 200+ Close; John Mallett to Depart Bell’s After 20+ Years; and Brewers Association to Increase Membership Dues in February.
After a year of upheaval and uncertainty, beverage brands and entrepreneurs must be more active, adaptable, and careful than ever before as they seek to reach consumers with their unique products. That theme permeated the presentations and discussions across drink categories during BevNET Live Winter 2022, held December 5-6 in Santa Monica, California.
With economic uncertainty on the horizon and an industry in flux amid convergence and consolidation, fortifying businesses and fostering people-first workplaces were among the focuses of the 2022 Brewbound Live business conference in December.
