Sugar Substitute Market Projected to be Worth $13.7 Billion by 2018

MarketsandMarkets, a market research and consulting firm, projects that by 2018, the global market for sugar substitutes will be worth $13.8 billion. Based on increasing awareness, consumption and demand for low-calorie sweeteners including stevia, sorbitol, tagatose, aspartame, sucralose and xylitol, MarketsandMarkets expects the sugar substitute market to achieve a compound annual growth rate (CAGR) of 4.5 percent over the next five years.

REMINDER: Showcase Your Brand at the Sampling Bar at BevNET Live Summer ’13

Just a friendly reminder that time is running out to submit your brand for inclusion in BevNET Live’s popular “Sampling Bar.” The free promotional opportunity allows you to have samples of your product in an unmanned area that is designed to showcase new, innovative, or successful beverage brands. The sampling bar will be displayed during both days of the conference.

Skinny Nutritional Files for Chapter 11 Bankruptcy Protection

With apparently no immediate options for new financing, Skinny Nutritional, the marketer of Skinny Water, a line of zero-calorie, electrolyte-infused waters, has filed for Chapter 11 bankruptcy protection in order to protect its brand name and other intellectual property rights from falling into creditors’ hands, the company announced on Wednesday.

The Aya-Cola Moves to Booze

Sergio Zyman, the former chief marketing officer of The Coca-Cola Company and the chairman and founder of Zyman Marketing Group, was appointed to Castle’s board of directors, it was announced Thursday in a release.

Say Hello to the Enhancers

Over the past few years, I’ve become more aware of the “enhancers” that are taking a larger role in our industry. “Enhanced beverages” have been a major part of the industry for many years now. From the original SoBes and Vitaminwaters to present day functional products, these drinks now dominate the retail landscape and are the major drivers of volume in many categories.

Amara Gets Positively Paleo

Inspired by the emergence and popularity of the so-called “Paleo diet,” Amara has reformulated and repositioned its detox and recovery product into a “raw” superfruit drink. The revamped beverage, a carbonated blend of raw CoffeeBerry and Maqui berry extracts, caffeine, B-Vitamins and antioxidants, now undergoes a first-of-its-kind co-packing process in order to maintain a raw liquid and a long shelf life without the use of high pressure processing (HPP) or pasteurization.

Last Call: Apply NOW for New Beverage Showdown 5 at BevNET Live Summer ’13

We're just three weeks away from BevNET Live Summer '13, and now is the LAST CHANCE for beverage companies to apply for New Beverage Showdown 5, which takes place June 4 and 5 at BevNET Live Summer 2013 in New York City. The winner of the Showdown, presented by Venturing & Emerging Brands, an operating unit of Coca-Cola North America, will receive $10,000 in cash and prizes.

Review: Muscle Milk Evolve

Evolve is Muscle Milk’s new “naturally flavored protein shake” that is geared towards female consumers. All in all, what they’ve put inside the carton is a credible and enjoyable formulation, with 12g of protein, 20 vitamins and minerals, 5g of fiber, and Tonalin, an ingredient that is marketed as helping reduce body fat. We think they’ve got a nice start that, with a few packaging tweaks, could certainly be a formidable offering.

Golazo Triples Distribution Throughout West Coast

Less than 18 months since the brand’s debut, Golazo, which markets a line of soccer-inspired energy and sports drinks, has more than tripled the number of retail locations where its products are sold. The company today announced that Golozo drinks are now sold in 1,600 stores in eight states throughout the West Coast, including all Safeway and Whole Foods locations in the region.

BevNET Live: Get Cultured with Vita Coco, Food Should Taste Good, and Sambazon Executives

Peter Lescoe, the founder of snack chip brand Food Should Taste Good, will join coconut water category leader Vita Coco's co-founder Michael Kirban and veteran food and beverage marketer Greg Fleishman, currently the CMO of Sambazon, for a discussion of the role their companies’ distinct cultures have had in their ability to grow and be profitable.

Spotlight Category: Bottled Water

High-end water continues to grow as Smartwater and Fiji strongly outpaced gains for the rest of the category. That said, evian appears to have slowed ahead of new bottle innovation and other varieties that Symphony IRI lumps into the category, like the Vitaminwater family, SoBe and Capri Sun are also showing some share erosion.

Video: BevNET Live = Opportunity

More than just a business conference, BevNET Live Summer ’13 offers a range of networking options with dozens of distributors, retailers and investors that will be in attendance at the show. To get a better sense of what BevNET Live is all about, here’s a brief look at the range of speakers and content-driven opportunities that we’ve featured at past events.

Aiming for Enhancement

Adapting to the millennial generation’s desire for variety and convenience (dubbed “the chill hustle” by MTV trendspotter Nick Shore at BevNET Live Winter 2012), a multitude of brands have altered their approach to beverages. It’s not just what the beverage is—it’s what you can add to the beverage. As a result, powder and liquid enhancers have further cemented their positions in the beverage industry, symbolizing the new-age thirst for portable interaction and healthy products.