Video: BevNET’s Mid-Year Report, Part 2
In part of two of our segment, we discuss investment deals seen in the non-alcoholic beverage business and offer predictions on what’s to come for growth categories in the second half of 2014.
In part of two of our segment, we discuss investment deals seen in the non-alcoholic beverage business and offer predictions on what’s to come for growth categories in the second half of 2014.
Hopping on the runaway train that is the cold-pressed juice category, specialty grocer Trader Joe's has introduced a new three-SKU line of high pressure processed juices. Coming in three color-named varieties -- Red, Green and Yellow -- the products are quite tasty and include a pretty innovative formulation in the Yellow flavor. The packaging is also praiseworthy, and with as hot a category as cold-pressed juice and devoted a following as that of Trader Joe's, the new line could be a big success.
As emerging categories continue to evolve, BevNET CEO John Craven and Editor-in-Chief Jeff Klineman discuss notable developments in the beverage industry during the first half of 2014.
The Institute of Food Technologists (IFT) Annual Meeting & Food Expo opens this Sunday in New Orleans, and BevNET will be on hand to report on flavor, ingredient and beverage technology exhibitors at the event. Below, you’ll find details about the show, listings of beverage-related exhibitors, as well as BevNET’s print-ready show planner.
Gagliardi's previous to ventures were as a co-founder of pet food company Blue Buffalo (started by Bill Bishop, one of SoBe’s founders), as well as the founder of Maverik, a lacrosse equipment and apparel company, which was sold to Bauer Hockey.
Now there’s innovation, and then there’s Star Trek-like innovation. The latter of which could be used to describe Vessyl, a new drinking container that’s able to tell you exactly what you are consuming and how the liquid affects your body, according to theWire.com. Is your mind blown yet? No? Read on.
California Senate Bill 1000 failed on a 7-8 vote in committee, with opponents claiming that a warning on sugary drinks would be confusing and do little to change consumer behavior.
Self-described as "Los Angeles's First 'Perfectly Pure' Cold-Pressed Juice Bar," Clover Juice produces a line of raw (non-pasteurized and non-HPP) juices that it sells in two retail storefronts in downtown L.A. The juices are quite enjoyable and feature some quite blends, yet Clover will need to do some work to build a brand that can evolve beyond company-owned stores.
In a statement, Red Bull said that "Summer Edition," the first new product introduction for the energy drink giant in nearly 18 months, “performed extremely well with U.S. consumers during taste tests.”
Herzog was bullish on Monster’s recent performance – up nearly 15 percent over the four weeks ending June 7 – but that doesn’t include C-stores. For Mohsenian, the brand kept up with the category.
The Coca-Cola Co. is said to be readying a U.S. launch for Coke Life, a mid-calorie cola made with a sweetener blend that includes stevia.
“The challenge for food and beverage companies is that we want to know what’s going on in the field," said Tom First, Managing Partner of First Beverage Ventures.
Last month, Honest Tea debuted its "Summer Refreshers" line, a five-SKU mix of juice-based drinks that are USDA Organic and use Fair Trade sugar as a sweetener. Packaged in 32 oz. glass bottles, the company has done a really nice job with the formulation and branding of the products, which look more mature and polished than some of the larger format products that it competes with.
For Honest Tea, the math works out like this: 16 years + 22 million pounds of organic ingredients = a billion beverages.