Volume growth within the U.S. alcoholic RTD market has moderated since last year, but the category rose rapidly by value and is expected to continue to grow from $18.2 billion to $21.1 billion by 2027, according to a new report from IWSR Drinks Market Analysis.
Joni Verjus is a brand of sparkling grape juice drinks that are made with upcycled fruit and contain no added sugar. Self-described as “a new way to drink,” Joni aims to bring the consumer with an often overlooked ingredient: verjus.
In just 30 days, leaders in the beverage industry will meet in Marina del Rey, CA for BevNET Live Winter 2023. The three-day event provides a platform for beverage entrepreneurs and industry experts to network, learn, and drive innovation within the beverage sector.
Why is a century-old apple orchard and cider company betting big on the future of cannabis? Eddie Brennan, the fifth-generation owner of New York-based Beak & Skiff, discussed its foray into the cultivation of cannabis and production of THC drinks. Also in this episode: the hosts’ take on a new line of zero-sugar juice and what Travis Kelce, Michael Bublé and Matthew McConaughey now have in common.
Those looking for more clarity on Monster Energy’s plans for Bang during the company’s Q3 earnings call yesterday got only a small taste of how the business is approaching its new acquisition.
In this week’s new products roundup, Tribucha Kombucha rocks out with Greta Van Fleet, G.O.A.T. Fuel launches two new exclusive flavors with The Vitamin Shoppe and ZOA, Poppi, Red Bull and Milk Bar unveil festive seasonal offerings.
It’s time to reveal the finalists for BevNET’s Cocktail Showdown, our business pitch competition for RTD cocktail brands taking place during BevNET Live Winter 2023 in Marina del Rey, CA.
Monster Energy’s acquisition of Bang, including the purchase of existing inventory, led to a small drag on gross profit during Q3 2023, according to the company’s latest earnings report today.
Milk punch cocktails have made a resurgence at upscale cocktail bars lately, but recreating the milk-wash technique at scale for a ready-to-drink product is no easy task.
Ready-to-drink cocktail Dirty Shirley is moving into several new states and has launched two new flavors, the company announced today, setting the stage for the brand to move a budding cocktail call into the canned world.
After closing a $1.3 million funding round, functional beverage startup Evermind is thinking big as it launches online direct-to-consumer sales. Based in Pennsylvania, Evermind produces a line of plant-based “cognitive elixirs” intended to support brain function and mental energy.
Spade is a recently launched line of premium sparkling sodas that contain zero calories and zero sugar. Sweetened with stevia, spade is also infused with electrolytes with the goal being that the drinks keep you “hydrated and refreshed.”
Non-alcoholic beverage sales remain healthy but decelerated sequentially in the two-week period ending October 21 primarily reflecting softer pricing, according to the most recent analysis of NielsenIQ data by Godman Sachs Equity Research.
Get ready for our November Community Calls! This month, hear how to market regenerative agriculture to consumers, protect gross margin in the long term, troubleshoot and brainstorm velocity, and find out what kind of innovation gets a buyer's attention.
