Ready to Evolve: Muscle Milk Maker Launches New Plant-Based Protein Platform
CytoSport is expanding its offerings this month with Evolve, a new line of powders, bars and ready-to-drink, shelf-stable shakes made with pea protein.
BevNET Podcast Ep. 46: Why “You’re Your Own Best Salesman”; Protein’s Potential
In this podcast, Michael Schwartz, the co-founder and managing partner of Organic Food Incubator, a shared production facility and resource center for early-stage food and beverage companies, delved into the current landscape for start-up brands in metro New York, discussed top-of-mind ingredient and formulations embraced by entrepreneurs in the region and shared his take on effective sales, retail and distribution strategies for new brand owners.
New Age Beverages Begins Trading on Nasdaq
New Age Beverages’ initial public offering, estimated to be worth approximately $15 million, was four times oversubscribed due to an abundance of investor interest in the Denver-based distributor, CEO Brent Willis told BevNET on Friday.
Honest Revamps Organic Sports Drink Line
In place of a circular ying-yang image representing the drink’s three roles of “Rehydrate, Refresh, Replenish,” the label now features a cleaner look with more white space and a clearer emphasis on the call-outs of “sport” and “electrolytes and fuel.”
Review: BAWLS Guarana Ginger
Founded in 1996, BAWLS Guarana has one of the longest tenures of any brand in the energy category. And it has more or less stayed its course rather than chasing the trends that the rest of the category has. As such, BAWLS new Ginger variety follows in the footsteps of its other products.
Press Clips: Philadelphia Soda Tax Sparks Massive Sales Decline
Stores report as high as 50 percent drop in soft drink sales following implementation of Philadelphia's controversial "Soda Tax" in January, Pressed Juicery announces new Boston-area location, and a U.K. study hospitalizes students with caffeine equivalent of 300 cups of coffee.
Cott Sees 2016 Revenue Growth Spurred by Acquisitions
In a statement, Cott CEO Jerry Fowden explained that the company was making progress towards its goal of becoming a “more diversified, higher margin, cash generative business.”
B-Tea Expands Into California with Shelf-Stable Kombucha
After signing with Big Geyser to distribute its line of shelf-stable kombuchas in New York, B-Tea Kombucha is working to form partnerships with as many as a dozen distributors to continue expanding the brand’s presence throughout the country, including a launch in California this month.
Non-Dairy ‘Alternative’ Kefirs Make Their Move
Strong growth in the dairy-alternative market -- which is expected to reach over $35 billion by 2024, according to a September, 2016 report from Grand View Research -- is presenting some companies with added motivation to enter the kefir space.
PepsiCo Agrees to Change Naked Label in Settlement
As a result of a settlement with the Center for Science in the Public Interest (CSPI), a consumer watchdog group, PepsiCo agreed last week to make several changes in the labeling and marketing of its Naked juices and smoothies. In October CSPI alleged that the labelling of Naked products misled consumers about their nutritional value and ingredients.
Stumptown Launches Sparkling Cold Brew Coffee
The product marks the first time a ready-to-drink innovation was developed from on-premise experimentation at the company’s cafes.
In the Courtroom: Class Action Against Odwalla Can Move Ahead
In the courtroom this month: A class action against Odwalla can move ahead after a judge declined a request to toss the case, Pennsylvania's state Supreme Court declines to hear the "soda tax" case, and POM Wonderful accuses Wonder Fuel of "forum shopping" in trademark infringement allegations.
BevNET Podcast Ep. 45: How Reda Reigns As One of NYC’s Beverage Kingmakers
Big Geyser COO Jerry Reda oversees a distribution network that includes over 25,000 retail accounts in the tri-state area. It’s a 24/7 job, but Reda, who we recently interviewed for this edition of the BevNET Podcast, says that he wakes up every day and loves what he does.
MALK Working Towards New Fundraising Round
After completing a round of funding led by food and beverage venture capital fund Boulder Food Group in March 2016, August Vega, founder and CEO of cold-pressed nut milk brand MALK Organics, confirmed in an interview with BevNET that the company was currently in the process of finalizing another round of investment.