On his regular trips to Acapulco, Mexican beverage manufacturer Alan Cohen has had a longstanding passion for the experience of drinking water from a fresh coconut pulled straight from the tree. However, despite various attempts to translate that experience into a CPG product, Cohen believed the taste has never truly been replicated.
Launched in 2022, Frazy - a DTC coffee, mocktail and boba tea company - was built to bring the personalized experience to specialty beverages. Less than a year in, the business has released a concentrate version of its customizable coffee platform bringing a shelf-stable, on-the-go format to the brand.
Pernod Ricard is expanding its non-alcoholic interests by investing in New Zealand-based brand AF Drinks through its venture arm, Convivialité Ventures.
Bars and restaurants are still traveling down the long road to recovery since the end of pandemic lockdowns, Bacardi is offering a potentially faster route.
After just six months on the market, female-focused energy drink Gorgie is already finding its stride. The New York-based brand founded by Michelle Cordeiro Grant announced the close of a $6.5 million pre-seed funding round today.
This week features a conversation with GN Chan, the founder of Double Chicken Please, a New York City bar widely recognized as one of the best in the world. As part of our interview, Chan explained his view of the bar as “a design and performance studio,” an innovative menu in which you “drink your food and eat your drink” and the regionality of non-alcoholic cocktail and spirit trends.
PartnerSlate, a contract manufacturing database, has raised $4 million to expand its PartnerMatch platform which connects food and beverage brands to co-mans using AI streamlining the process of searching for and matching with suitable producers.
View the complete agenda for BevNET Live Summer 2023, held at the Metropolitan Pavilion in New York, NY on June 14 and 15.
We chat with the stars of TV series Vampire Diaries, Ian Somerhalder and Paul Wesley, who have sunk their teeth into the bourbon industry with Brother’s Bond Bourbon.
There’s big money flowing into emerging concepts… and we have the receipts. Within this episode, the hosts discussed canned wine, plant-based analogs of popular snacks and THC-centric brands. We also discussed influential trends and innovative products in the evolving world of mixology in interviews with past World Class US Bartenders of the Year Jessi Pollak and Adam Fournier along with James Beard-honored mixologist and author Kim Haasarud.
Jones Soda has named David Knight as its new president and CEO, effective June 23, replacing outgoing executive Mark Murray. Knight comes to the Seattle-based craft soda brand from CBD company CFH Ltd., where he has served as chief beverage officer since 2021.
In this week’s new products roundup, Coca-Cola teams up with Riot Games to launch the ‘Ultimate’ gamer-focused flavor, Liquid I.V. debuts its first sugar-free product and Boxed Water, 100 Coconuts and Karma Hydration launch fruit-forward offerings sure to keep consumers hydrated in the summer heat.
While inflation may have hit consumers’ wallets hard last year, it hasn’t curbed their appetite for new CPG innovation, according to the 2023 New Product Pacesetters report from market research firm Circana.
After an explosive few years, the ready-to-drink rise is showing signs of moderating but larger formats of pre-mixed cocktails may be an emerging growth opportunity, according to NIQ during the company’s C360 conference yesterday.
