As the no/low $11 billion global business grows, so do the opportunities for brands playing in the moderation space. But what are the sober drinking occasions to win?
Cycling Frog with help from the Hemp Beverage Alliance are fighting emergency regulations by New York State’s Office of Cannabis Management prohibiting the sale of hemp-derived THC products.
Celsius Holdings reported record high Q2 revenue of around $326 million, up 112% from $154 million in 2022, during its latest earnings report this week.
Boba tea, with its signature tapioca pearls consumed via straw, was once considered to be a cumbersome and impractical product for ready-to-drink formats. But now, sales of the Taiwanese drink in bottles and cans are bubbling up – and fast.
In a world obsessed with oat milk, is there room for an oat water? There is, if you ask New Jersey-based startup Smootch. After debuting its four-SKU flagship line of electrolyte-packed, non-carbonated oat waters in 12 oz. cans at Natural Products Expo West last year, the brand has established a presence in Pennsylvania, New York, Connecticut and Rhode Island.
Better-for-you beverage brand Zevia was already seeing an impact from its brand refresh despite a Q2 with slumping sales primarily due to supply chain disruptions.
Non-alcoholic beverage sales “remained healthy but decelerated” in the two-week period ending July 29, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research. Total dollar sales growth rose 7.6% year-over-year.
It’s time to book your room for BevNET Live! The leading event for the beverage industry heads to Marina del Rey, California on December 4 + 5. Register now to stay just steps from the action and save on your stay at the Marina Del Rey Marriott Hotel.
How do breakout brands, particularly those that operate in trendy categories, build sustainable businesses? They cultivate authentic relationships with consumers by delivering on attributes they’re seeking. It’s how Wilderton, a maker of small-batch, non-alcoholic spirits crafted from raw botanicals, is paving its path.
Molson Coors has agreed to purchase Kentucky-based distillery Blue Run Spirits, marking the beer giant’s first spirits acquisition and the formal launch of its Coors Spirits Co. business. The amount was not disclosed.
Tilray Brands is acquiring eight craft brands from Anheuser-Busch InBev in a blockbuster all cash deal announced today.
Ohio’s Watershed Distillery has been acquired by New Jersey-based Marussia Beverages USA, the U.S.-arm of Swiss firm Marussia Beverages Group.
At the beginning of 2023, Takeover Industries appeared to be at death’s door. But things look different now: there’s a new CEO, a rebranded product portfolio, its relationship with Manny Pacquiao is restored and at least some of the legal cases are closed. The company is now aiming to get back on track as Next Gen Beverage.
A New York federal judge yesterday dismissed a years-long trademark suit from nitro cold brew maker RISE Brewing Co. accusing PepsiCo of using a “confusingly similar” name for its MTN DEW Rise morning energy drink.
