Making Waves: Premium Bottled Water Ascends
Consumers may still be feeling the squeeze from inflation, but that doesn’t mean they aren’t willing to spend more for premium products - a sentiment that’s carried over into the bottled water category.
Consumers may still be feeling the squeeze from inflation, but that doesn’t mean they aren’t willing to spend more for premium products - a sentiment that’s carried over into the bottled water category.
BevNET's annual Functional Beverage Guide.
The going is certainly tough for craft brewers right now, as the industry tackles a marketplace that is more crowded than ever (nearly 10,000 craft breweries and a host of beyond beer challengers), growing anti-alcohol narratives and regulatory efforts, increased supply costs that could only steepen with impending tariffs, and ever-fluctuating consumer habits.
For many, #WaterTok probably passed unnoticed. The TikTok phenomenon — in which recipes and hacks for flavoring water, typically through branded drink mixes and syrups, were shared far and wide — became, for a moment back in 2023, the biggest thing on social media (before the next viral video trend took its place).
Consumers are high on hemp THC – both literally and figuratively. The number of (adult) American shoppers reporting they’ve tried the technically legal intoxicant rose six percentage points to 14% between Q1 and Q4 2024, according to the Brightfield Group.
Around 10,000 beer industry members are expected to make the trip to Indianapolis for the 2025 Craft Brewers Conference and BrewExpo America (April 28 to May 1).
Sports drinks by sales and growth.
In food industry news: Santatera Sticks To U.S. CPG Thesis Despite Trade War; DTC Meal Kit Brands Find Second Act in Retail Expansion; and Dress It Up Expands, Backed By New Funding.
So what’s the line on line extensions? I’m asking in the wake of a Natural Products Expo West that sure brought a lot of line extensions but not much in the way of attempts at ambitious breakthroughs.
There are plenty of fine people on both sides of the party divide, and in the natural products business, who seem to find common cause in certain aspects of the MAHA movement and its leader, new HHS Secretary Robert F. Kennedy Jr. Charmed by his past environmental bona fides, they hear his stated desire to battle Big Food by removing artificial dyes and other potentially harmful additives from store shelves, and think he’s a fellow traveler.
Despite the economic headwinds plaguing the food and beverage industry, Natural Products Expo West was back in full force this year as brands, entrepreneurs and industry members brought energy and innovation to what many regard as “The Superbowl of CPG.”
In craft beer news: Brewers Association Revenue Declined -8.5% in 2024; Barrel One and Kraft Heinz Partner on Crystal Light Vodka Refreshers; Asahi Appoints Paul Verdu to Lead US Operations, Invests $35M in Octopi Upgrades; and Bell’s EVP Carrie Yunker to Depart Company After 20+ Years.
In beverage news: Spindrift Sold to PE Firm Gryphon Investors; PepsiCo Acquires Poppi in $1.95B Deal; Celsius Acquires Alani Nu for $1.8 Billion; and Dairy Farmers of America Accuses Westrock Coffee of Trade Secret Theft in Lawsuit.
Like everyone else in creation, it seemed, I recently attended Expo West. If you haven’t gone to the event and you’re a beverage marketer, put it on your bucket list.