In a video interview with BevNET CEO John Craven and filmed at Natural Products Expo West 2017, Matthews noted that while “grocery is an important category” for the company, its broader multi-channel strategy that has given it a competitive edge over competing cold-pressed juice brands.
Celsius Holdings, Inc., the maker of zero-calorie fitness drink brand Celsius, this week announced a new $15 million round of funding led by current investor Hong Kong-based Horizons Ventures, a private investment arm of billionaire Li Ka-Shing. Gloria Tang Tsz-kei, a popular Chinese singer-songwriter known as G.E.M, and zVentures, the strategic investment arm of Razer, a leading lifestyle brand for gamers, were also investors in the round.
As the cold brew coffee category evolves, more brands are showing innovative flavors and line extensions, as well as introducing novel packaging formats. Meanwhile, a handful of tea companies are also using the brewing method, promoting their new products as having a smoother and more complex taste profile than hot brewed tea.
Ganeden thinks it’s found a solution for brands looking to add probiotics to shelf-stable products. At Natural Products Expo West 2017, the company announced the soft launch of Staimune, a new ingredient that finally gets around the refrigeration issue that Ganeden president Michael Bush called “the Achilles’ heel of probiotics.”
Steve Smith, the president of JBT FoodTech, said that the company had been looking at various sterilization techniques that do not use heat for over two years before making the decision to purchase Avure.
Todd Carmichael, the co-founder and CEO of La Colombe, says he has a “firm belief that nothing is ever truly finished.” He is, however, content with the recent completion of the company’s 60,000 sq. ft. production facility, one that will support a dramatic increase in the distribution and retail placement of its RTD Draft Latte products.
In the above video, BevNET CEO John Craven and BevNET Managing Editor Ray Latif offered their takes on the 10 new product introductions that were most notable and impactful for the industry. The list includes innovative products in fast-growing categories, including bone broth and healthy juice, as well as probiotic beverages, tea and kombucha.
From fresh takes on familiar favorites to disruptive innovations with the potential to create entirely new categories, the annual Expo is where industry professionals get their first glimpse of the products that will fuel the conversation for the next 12 months and beyond.
Natural Products Expo West 2017 concluded its three-day stand in Anaheim, Calif. on Sunday, March 12. Throughout the exhibition halls, many beverage brands utilized the show as a springboard for new product introductions and package revamps. In the following slideshow, we take a look at the numerous updates.
The concept behind 4 Some seems like a timely one: take the good parts (namely the fruit flavor) of a cold-pressed and high pressure processed juice and add fiber and plant based protein to create a well-rounded beverage with a variety of benefits.
In a highly unexpected move, Kevin Klock has departed as president and CEO of Talking Rain, the maker of Sparkling Ice. Talking Rain CFO Marcus Smith has assumed Klock’s responsibilities “with full shareholder support,” according to a company statement.
In this video, BevNET correspondents John Craven and Ray Latif identified several important and impactful new products from Expo West 2017's Hot Products Exhibits and discussed ways in which early-stage brands are aligning with the most significant trends in the industry.
In the face of growing competition from their rivals, Nestle and Coca-Cola have agreed to end their Nestea iced tea venture after 16 years, according to an article in Fortune.
WTRMLN WTR has expanded its line with several new products, launching nationwide at Whole Foods. The new offerings are called BLNDS (“blends”) and feature a pairing of their watermelon water base blended with another ingredient: LMN (lemonade), CHRRY (tart cherry), LME (lime), and GNGR (ginger).
