Waterbird Spirits believes two container sizes will take the brand to the next stratosphere of growth: 24 oz. single-serve cans and half-barrel kegs, according to founder Wilson Craig.
Hydrogen-infused water maker Susosu has closed a seed round backed by food and beverage accelerator Union Kitchen, marking the Virginia-based brand’s first ever outside investment. Terms of the deal were not disclosed.
Avacajoe is a line of RTD coffees that blend cold brew coffee with avocado milk to create the first “avocado coffee.” The product line is packaged in 7.5 oz cans and available in three flavors: Dark Roast, Vanilla and Mocha.
Last week, e-commerce beverage-alcohol platform Provi filed a complaint against Southern Glazer’s Wine and Spirits and Republic National Distributing Company (RNDC), alleging that the companies have unlawfully stifled the growth of its platform. The complaint filed March 29 in U.S. District Court for the Northern District of Illinois Eastern Division, alleges that the defendants have acted together and individually to “boycott, disparage and tortiously interfere with Provi’s business.”
New beverage startup Kowa has teamed with ingredient maker Nura to feature its branded organic 5-HTP supplement in its line of mood-boosting functional drinks; U.K.-based ingredients manufacturer Tate & Lyle announced last week that it has signed an agreement to acquire Chinese fiber producer Quantum Hi-Tech Biological Co., Ltd for $237 million; and more news from Kerry and Sweegen.
In this week’s roundup of new product launches, both Coca-Cola and MTN Dew rolled out new limited edition soda flavors targeting the gaming community, regional cannabis beverage makers introduced new line extensions, and the gut health boosting soda and seltzer trend continues with launches from emerging player Poppi and newcomer Aqua ViTea.
In this episode, Taste Radio’s hosts discussed new products in several food and beverage categories, including a nootropic-boosted hydration drink brand launched by an NFL star and NFT icon, a nostalgia-inspiring cinnamon spread, RTD milk teas and spiked tonics, artisanal and low-sugar sweets and perhaps the best-tasting tortillas on the market. They also riffed on this weekend’s Specialty Coffee Association trade show and a funding round for a brand of experimental condiments and beverages.
For the SuperCharge: Living the Brand virtual event on April 21st, BevNET and NOSH will bring entrepreneurs an interview and live Q&A session with Seth Goldman, the co-founder of Honest Tea who has recently started another brand, Eat the Change, as well as observations and inspiration from new entrepreneurs Zach and Delisa Harper of Funky Mello and Parker Olson of Forij.
Spring is here, but ready-to-drink cocktail brands are already getting ready for the summer with a number of new product launches made for the heat – including vodka spitzes, frozen margaritas, and a classic Cape Codder.
Constellation Brands’ beer business recorded an +11% increase in net sales growth, to $6.75 billion, for the company’s 2022 full fiscal year.
In this Distribution Roundup, Ruby Hibiscus Water goes sparkling via Amazon and Earth Fare, nut milk maker Three Trees goes chainwide in Whole Foods Market stores and TEN Alkaline Spring Water flows into Meijer stores across the Midwest.
Siempre Tequila has introduced a virtual Bored Ape brand ambassador, marking the beginning of a push into web3 integration; Liquid Death sells out its Murder Head Death Club NFT line; evian introduces a limited NFT artist collaboration; Mid-Day Squares sells its Hershey diss video as NFTs.
For a decade, Remedy Drinks has been brewing down under. Now, the Australia-based kombucha brand is making a broader push into the U.S., bringing over a full slate of new products to American retailers this year.
Family-owned beverage maker Orange Bang and Monster Energy Company have asked an U.S. District Court in California to confirm an interim award of $175 million in damages and a 5% royalty on all future net sales of Bang-branded products after an arbitrator found that VPX was liable for breach of contract and trademark infringement by falsely claiming its products contain creatine.
