It seems all varieties of food and drink are entering the "craft" marketplace, and Mountain Dew is no exception. The company will release Mtn Dew DEWShine on Mar. 23, marking the brand's first foray into the craft soda market. The brand, which is incredibly popular with teens and Millennials, will sell a clear citrus Dew in clear, longneck bottles "inspired by the brand's roots in the backwoods of Tennessee."
The introduction of the new Mountain Dew comes as craft pizza, craft popcorn, craft beef jerky, and craft beers begin to take hold of their respective markets. There is one analog that can be studied to determine the future of the craft soda industry: craft beers have made a huge impact on the beer market, and their marketing, labeling and packaging can influence the emerging craft soda market. Some analysts believe that craft products with a similar emphasis on style will begin to emerge en masse from the soda market. Some critics even argue the new Dew bottles look too much like craft beers, while others are quick to argue that the longneck bottles are closely linked to craft products, both in the soda and beer markets.
This is the second craft soda parent company PepsiCo will offer on the market, as it introduced Caleb's Kola last year. In addition, competitor Coca-Cola recently named an executive to manage craft beverages, showcasing the expanded interest in craft-style beverages with major producers It's worth noting, as soda manufacturers scramble to preserve market share in a health-obsessed environment with lower sugar consumption and more nutritional offerings becoming powerful consumer demands, that Mountain Dew slightly increased its market share in 2013 despite having higher sugar and caffeine levels than many of its competitors. Perhaps Mountain Dew is already breaking from the established soda producer mold.
Larger orders are on the rise at restaurants, as customers aim to feed their whole family and have leftovers for future meals, reported The Wall Street Journal (May 30).read more
Chris is a business writer and market analyst that focuses on the Markets, Legal and Washington sections of the Food Institute Report. In addition, he assists in compiling data for various Food Institute publications throughout the year. He invites you to contact him via email at email@example.com to talk about anything food-related.
There are no comments, yet. Why don't you add one?
10 Mountainview Road
Upper Saddle River, NJ 07458
Food Institute reps are available to answer your questions
BECOME A MEMBER
For close to 90 years, The Food Institute has been the best "single source" for food industry executives, delivering actionable information daily via email updates, weekly through The Food Institute Report and via a comprehensive web research library. Our information gathering method is not just a "keyword search."