SYSTM Foods Acquires Humm Kombucha
SYSTM Foods, a joint venture between SYSTM Brands and CPG investment firm GroundForce Capital, have acquired Humm Kombucha, the companies announced today. Financial terms of the deal were not disclosed.
Flavor Trends For Spirits and Cocktails in 2024: Vegetal, Cultural and Global
From the continued rise of the espresso martini to savory cocktails, 2023 was a year of bold flavors at the bar, so what’s in store for 2024? We polled experts in spirits, flavor innovation and mocktails about what trends are on tap for cocktails and ready-to-drink versions.
Lemon Perfect Debuts Larger Format, New Flavors
Lemon Perfect’s plans for 2024 follow a simple strategy: go big. That applies to both physical footprint -- in the guise of a new 15.2 oz. PET bottle, replacing the existing 12 oz. format -- and the brand’s market ambitions.
Target to Expand Sèchey-Curated NA Cocktail Set for Dry January
Just in time for Dry January, boutique non-alcoholic beverage retailer Sèchey and Target are expanding their partnership to curate an NA cocktail and wine set in stores this month, after a pilot run that began in December.
Danone to Divest Horizon Organic, Wallaby to Private Equity Firm
Danone has found a buyer for its premium dairy brands Horizon Organic and Wallaby, announcing today it has agreed to sell the businesses to investment firm Platinum Equity.
Taste Radio: The Visionaries & Disruptors Leading A New Paradigm For Food & Beverage
This special edition of the podcast features highlights from interviews with seven founders, creators and innovators who joined us on the show during the second half of 2023.
Top Trends on Tap in 2024: Snacks, Drugs and Rock ‘n Roll
What’s in store for 2024? Several industry experts provided insights on trends across packaged food and beverage launches, plus advice for entrepreneurs.
Taste Radio: Will White Claw 0% Dethrone Liquid Death? We Reflect & Predict.
What can BevNET and NOSH’s most-read news stories of 2023 inform us about the coming year? The hosts reflected on the sites’ top viewed articles from the past 12 months – including those about White Claw’s upcoming launch of a non-alcoholic line, the Erewhon NYC pop-up that never was and controversy over a kratom-infused shot brand – and what impact the news may have on trends, innovation and emerging categories in 2024.
How Beam Suntory’s RTDs Leverage Travel Channels and Cocktail Trends
After a category-wide downturn this year, one global spirits company is championing its portfolio of ready-to-drink cocktails as the silver lining of 2023.
BevNET Live 2023: The Data Behind Disruption
In this numbers-heavy video from BevNET Live Winter 2023, Scott Dicker, market insights director at SPINS, offers insight into what is currently driving disruption in the beverage industry.
BevNET Live 2023: The Power of Focus in Brand and Business
In this video from BevNET Live Winter 2023 in Marina del Rey, California, Zevia CEO Amy Taylor breaks down how to establish a firm foundation for your brand and find a unique position that will lead your target audience to you.
How 2023’s Legal Battles Are Shaping The Future of BevAlc
From lawsuits against major distributors to celebrity breakups, it's been a year of high profile BevAlc legal disputes. But what are the most important 2023 cases that lawyers are tracking into the next year and how might they impact the industry?
Taste Radio: East Imperial’s Secret Weapon? A Consistent, Disciplined Emphasis On This.
Tony Burt, the founder and CEO of super-premium mixer brand East Imperial, spoke about the why a consistent and disciplined emphasis on the brand’s core values has been key to its success, how the company holds the line on pricing and positioning and identifies ideal placement for its products and why it is agnostic about strategic partnerships.
Brewbound Live 2023: Strategies For Breaking Into the ‘Messy’ Fourth Category
The beer distributor route-to-market has served fourth category brands like BeatBox and Stateside Vodka’s Surfside hard tea and lemonade better than wine and spirits distributors, but getting in front of the right buyers in the fast-changing category is still “messy."