What’s Up in the Wide World of Wine?
With younger generations seeking experiences and unique alcoholic beverages, what’s going on in the wide world of wine?
Tag: Beverages
Beliv Exec: Innovation, Sustainability Key to Growing Brands in Latin America
The non-alcoholic, ready-to-drink beverage category appears poised for significant growth. Consider: in 2023 the revenue in the non-alcoholic drinks market amounts to $53.1 billion dollars. Beliv, a fast-growing, better-for-you beverage brand, is eager to seize …
FI Newscast (August 18, 2023) – Featuring Sandro Roco, Sanzo
Analysis: Assessing Modelo Especial’s Ascent in America
For the first time, Mexican beer Modelo Especial recently became the top-selling beer in North America, surpassing Bud Light, which had been the number one beer for two decades. Modelo’s ascent in North America begs …
How to Reduce Waste While Monetizing Your Side Streams
This article is sponsored and written by GTF Technologies. By now, everyone in the food industry knows that 30-40% of food produced1 and almost half of all fruits and vegetables grown worldwide2 go to waste. …
FI Live Replay – Examining the No-Alcohol Trend
Survey Reveals Four Ways Americans are Cutting Food Costs
Inflation is hitting Americans hard and is causing most to cut back everyday items. A recent survey from Attest proves that food and beverages are not immune to necessary cutbacks. Dr. Lin Carson, CEO of …
IRI: Consumers Keeping Drinking Occasions Closer to Home
Consumers are looking to create entertaining experiences at home, and retailers should emphasize premium alcohol products as a result, IRI says.
PepsiCo’s Celsius Pact Signals Shift as Soda Fizzles
PepsiCo has taken another step to grow its share of the energy drink market by taking a stake in Celsius.
Tea-Infused Cocktails Take TikTok by Storm
Tea-infused cocktails are the latest drink trend on TikTok, signaling that healthy, affordable beverages resonate with consumers.
Analysis: 2022’s Top Upcycled Food Innovations
Food manufacturers are looking to ingredient suppliers to provide sustainable options with the use of upcycling and regenerative agriculture.
AI Predicts 3 Food Trends for 2023
Food and beverage intelligence company Spoonshot has released its AI-generated list of food trends for 2023.
Canned Cocktails Seen Growing on Convenience, Health Halo
Coca-Cola is teaming up with Jack Daniel’s distiller Brown-Forman to make a Jack-and-Coke cocktail in a can. The mashup is the latest development in the rapidly growing canned cocktail segment. In fact, the ready-to-drink cocktail …
A Closer Look at Alcoholic Beverage Trends
Steve Ramirez is a Vice President and Relationship Manager with City National Bank’s food and beverage group. Based in Los Angeles, he provides cash flow, asset-based lending, real estate and equipment financing expertise to family …
Rising Consumer Interest in Health & Wellness Boosts Botanicals
This article is written and sponsored by Kerry. Naturally sourced from edible plants, botanicals are added to food and drink products for their taste benefits. They include, but are not limited to, herbs, roots, flowers …
3 Key Takeaways from New York’s Recent Wine Industry Events
In a strong sign that the COVID pandemic is (finally) on its wane, two important wine events, Vinexpo and La Paulee, took place in New York City recently, after a nearly 2-year hiatus. Judging by …
EXCLUSIVE: OLIPOP CEO on Latest Funding Round, New Products
Functional soda brand OLIPOP recently raised $30 million in a financing round that included several celebrity investors. The Food Institute spoke with co-founder and CEO Ben Goodwin to learn more about the company’s product development …
Carbonated Beverages Bubbling Over with Innovation
The carbonated beverage category continues to evolve as low – or no-sugar attributes resonate with consumers and manufacturers pivot their traditional soft drink presentation accordingly. “The narrative is changing from ‘diet’ beverages to ‘no sugar,’” …
Increasing Lactose Intolerance Creating Opportunities in Dairy Alternatives Market
This article is written and sponsored by Transparency Market Research. Rising cases of lactose intolerance, increasing health consciousness among consumers, and changing lifestyles appear likely to bolster growth in the global dairy alternatives market. Veganism, …
The Rising Influence of Professional Wine Ratings
Editor’s note: Part 3 of a three-part series analyzing the current state of the wine industry. With the strong increase in online wine sales in recent years has come an equally significant increase in the …
Supply Chain Inspiring Rising Concerns in Wine World
Editor’s note: Part 2 of a three-part series analyzing the current state of the wine industry. The effects of supply chain disruptions in the global food industry are well-known and easy to identify: low inventories, …
Survey: Gen Z Drawn to Cannabis Products
A new survey signals that marijuana is competing with alcohol for Gen Z’s dollars. Technomic’s recent Adult Beverage Planning Program report shows that, in states where recreational cannabis is legal, nearly two-thirds (65%) of Gen …
Are Climate Conditions Affecting Coffee?
A new study suggests changing climate conditions might be affecting the taste, aroma, and overall quality of coffee. Trends found by researchers from Tufts and Montana State University indicated that farms at higher altitudes were …
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Kombucha Gains in Popularity as Functional Beverage Market Growth Continues
Amid the growth of the “better for you” beverage category, one drink in particular has experienced massive gains. The kombucha category grew from $1 million in sales in 2014 to $1.8 billion in sales in …
Sports and Energy Drinks Ascending Thanks to Health-Conscious Consumers
Sports and energy drinks have seen significant sales growth over the past year. Sales of sports drinks were up 14.3% on a dollar basis to almost $5 billion in the 52 weeks ended Aug. 8, …
GUEST COLUMN: 5 Predictions for the Wine World
What will the post-pandemic future hold for wine retailers? The global wine sector is large and highly fragmented, so it’ll take some time to fully measure and understand COVID’s impact on the segment. For wine …
Hard Cider Could Be the Next Big Thing for the Alcoholic Beverage Market
With signs of the beer industry slowing and hard seltzer fizzling out, what’s the next big thing for the alcoholic beverage market? It might be hard cider. Made from the fermented juice of apples, hard …
Do the Dew (Responsibly, of Course): Boston Beer, PepsiCo Partner on Mountain Dew Drink
One of America’s favorite sodas is getting a boozy makeover. The Boston Beer Company and PepsiCo are teaming up to produce an alcoholic version of Mountain Dew called HARD MTN DEW. The new drink will …
Big Soda Departs from the Juice Market
PepsiCo has announced plans to sell Tropicana, Naked, and other juice brands across North America to private equity firm PAI Partners for about $3.3 billion. The soda giant is just the latest such company to …
Hard Seltzer Market Could Be Softening
The hard seltzer market may be falling on hard times. While it may not seem that long ago that beverages like Truly Hard Seltzer were a highlight of many summer get-togethers, the popularity of the …
Danone and Harmless Harvest – Reading Between the Lines
Danone’s recent majority stake in Harmless Harvest is a curious market event. Not because they took a majority. Because coconut water is not growing anymore in the U.S. based on sources I’ve reviewed. The pandemic …
EARNINGS UPDATE: Coca-Cola Reports Strong Second Quarter Results
Coca-Cola Co. released its second quarter earnings this week—and sales rebounded faster than expected. HIGHLIGHTS: Net Revenues grew 42% Organic Revenues (Non-GAAP) grew 37% Operating Income grew 52% Operating Margin was 29.8% versus 27.7% in …
CPI Sees Largest One-Month Change Since 2008
The Consumer Price Index for All Urban Consumers increased 0.9 percent in June on a seasonally adjusted basis after rising 0.6 percent in May, the U.S. Bureau of Labor Statistics reported today. This was the …
Survey: Millennials, Gen Z Big Fans of Bubble Tea
The beverage industry has seen an increase in demand for premium beverages among younger consumers, and boba tea is a growing niche in that specialty segment. According to a recent CLSA survey of consumers, 94% …
Spurred by Innovation, Beverage Market Making Waves in 2021
U.S. beverage demand is forecast to increase 2.9% yearly in nominal terms through 2025, as income rises and the population grows, according to Beverages: United States, a report by Freedonia Focus Reports. Here’s a look at which …