Ginger Water is the latest product from Monfefo, which is a company that has been focused exclusively on cold-pressed beverages that are packaged in a 1.7 oz. shot format. The company also won the New Beverage Showdown 11 at BevNET Live Summer 2016.
The definition of “kombucha” may once again see its day in court, this time via a class action lawsuit filed against PepsiCo-owned probiotic beverage brand KeVita earlier this month, which alleges its Master Brew Kombucha products deceive consumers because they are pasteurized.
In this week’s episode of Taste Radio, we spoke with Hint Water founder/CEO Kara Goldin about how her experiences in tech helped shape the business strategy for the brand, which is nearing $100M in annual sales. We also speak with Billy Bosch, the co-founder/CEO of Iconic, who offered insight into lessons learned and key takeaways from his journey as an entrepreneur. And in the latest edition of Elevator Talk, we chat it up with Mikaela Ray, the Owner/CEO, of Mikaela's. This episode is presented by Sovereign Flavors.
As the dominant players in c-store coolers nationwide, Coca-Cola, PepsiCo, Dr Pepper Snapple Group, Monster Energy and other major corporations showed a range of new products and line innovations aimed at taking -- or at least holding -- a larger share of the market. As they do, they are taking different approaches to various opportunities and challenges currently roiling the marketplace, including concerns over sugar content, the development of a broader dairy set, and offering natural and “clean” energy products.
In a video interview recorded last week at the NACS 2017 show in Chicago, Lisa Selk, president and CEO of CytoSport, discussed the development of the brand’s recently debuted plant-based protein line, Evolve, and how it fits into the company’s overall C-store strategy. She also explained how Cytosport is diversifying the Muscle Milk portfolio with food and beverage products that fit different use occasions and broaden the brand’s appeal beyond simply supporting athletic performance.
While regulations and bills surrounding immigration, foreign policy and healthcare have been top of mind when discussing Donald Trump’s first year as president, many administration initiatives are having major implications across the food industry -- and those ripples are being felt from the USDA all the way to convenience stores.
Cold Brewed Coffee is the fastest-growing category in the beverage business, and during this winter’s BevNET Live the leaders of premier companies in this highly competitive space will join us to outline their views on business and strategy.
Glanbia Performance Nutrition, a subsidiary of Ireland-based ingredient supplier Glanbia, PLC, is seeking to energize its CPG business with several new lines of ready-to-drink performance beverages and protein snacks, set to launch under a variety of brand names in the coming months.
BodyArmor brought out the big guns at NACS 2017 as investor Kobe Bryant and co-founder/chairman Mike Repole took center stage at the company’s booth on day one of the event, held last week at McCormick Place in Chicago. In an interview recorded at the booth, Bryant discussed his dual roles as an endorser and advisor in the company and how each have evolved since his initial investment in BodyArmor in 2014.
During a conference call with investors today, The Coca-Cola Company reported net revenues of $9.08 billion for Q3, surpassing analysts’ projections of $8.72 billion. The company also noted that organic growth was up by 4 percent.
Goodwolf Water Kefir is a non-dairy sparkling probiotic beverage that is, at least from its flavor and functionality, a near cousin to kombucha. It currently comes in three flavors: Pure Ginger, Pure Gold, and Pure Bloom.
Even in an era of craft beverages and high demand for natural products, convenience stores remain a stalwart channel for grab-and-go simplicity. And while sugary sodas and 99-cent iced teas still dominate c-store coolers, premium brands are beginning to make inroads. With the presence of several such companies at NACS 2017, brands that made their name in the natural channel now have the corner shop in their targets.
James Richardson, Ph.D., is a strategy consultant for emerging food and beverage brands with a professional background in strategy consulting, market research and social science. In this guest column, he shares his insight on how food and beverage entrepreneurs can effectively nurture products into fully developed brands that consumers love.
Though convenience store traffic has dipped in 2017, you couldn’t tell from looking around the packed floor at this year’s National Association of Convenience Stores (NACS) show last week in Chicago. Exhibitors from across the spectrum of food and beverage took over two halls of the McCormick Place for three days, showcasing a range of new products and innovations that will be rolling out to c-store coolers over the next year.