NIQ: Adult Non-Alc Nears $1B; RTDs Drive Growth
Total bev-alc retail sales reached $112 billion in 2024 but, excluding ready-to-drink (RTD) beverages, no category saw growth in dollars or volume, according to market research firm NIQ.
Total bev-alc retail sales reached $112 billion in 2024 but, excluding ready-to-drink (RTD) beverages, no category saw growth in dollars or volume, according to market research firm NIQ.
BevNET & Nosh reached out to individuals from across the CPG world to hear their thoughts on some of the biggest questions and challenges of the new year.
What's in and what is on its way out for beverage in 2025? A panel of industry experts weighed in on what trends are hot, which are simmering and which ones are cooling off.
The packaged food and beverage industry continues to contemplate shifts in consumer eating patterns driven by expanded usage of appetite-suppressing GLP-1 medications like Ozempic and Wegovy.
Though inflation has decelerated in recent months, it’s doubtful that still-elevated grocery prices will come down in the near future, despite the campaign promises of various politicians
In the year ahead everyone from regional and independents to leaders like Walmart, Costco and Amazon will be working to remain competitive in the market known for its razor-thin margins – whether on their own or through M&A.
Pundits are still debating whether or not the proposed levies are a carrot to negotiate new trade deals, as happened during Trump’s first term, or a real stick to be used in aggressive defense of domestic producers. That lingering uncertainty is permeating CPG.
Anheuser-Busch is still gunning for a share of the energy drink segment, announcing today a new partnership with sports nutrition business 1st Phorm to launch a RTD energy line.
Guayakí Yerba Mate is once again embracing DSD distribution, announcing this week that it has completed a transition from self-distribution to “a predominantly third-party distribution model” that includes national coverage through Anheuser-Busch InBev houses.
The Food and Drug Administration announced it has banned the use of the potentially cancer-causing Red Dye 3 in food and beverage using a 1958 provision of the Food, Drug and Cosmetic Act.
All major beverage-alcohol industry trade groups have united in opposition of a draft study about alcohol consumption’s effect on health, which was released Tuesday.
The Mindful Drinking Fest returned to Washington, D.C. this past weekend, bringing together over 1,200 attendees and nearly 220 adult non-alcoholic products in a Dry January celebration that has grown 10 times since its first iteration.
Mark Anthony Brands is narrowing its focus in 2025, with a "dramatically" simplified portfolio, Mark Anthony Brands president David Barnett shared Monday during Day 2 of Beer Business Daily’s Beer, Wine and Spirits Summit in Palm Beach, Florida.
Via Carota Craft Cocktails is on its way to closing a $17.5 million investment round with the goal of becoming a "category-defining" premium RTD mixed drink.